hanacat6174
05.03.2020 •
Business
The owner of a small retail store does her own accounting work. How would you measure the opportunity cost of her work? The opportunity cost of the owner's accounting work is
Solved
Show answers
More tips
- S Sport How to Build Arm Muscles? Effective Exercises and Tips...
- H Health and Medicine When can it be said that a person has a normal pulse?...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
- F Family and Home Why Having Pets at Home is Good for Your Health...
- H Health and Medicine How to perform artificial respiration?...
- H Health and Medicine 10 Tips for Avoiding Vitamin Deficiency...
- F Food and Cooking How to Properly Cook Buckwheat?...
- F Food and Cooking How Many Grams Are In a Tablespoon?...
- L Leisure and Entertainment Carving: History and Techniques for Creating Vegetable and Fruit Decorations...
Answers on questions: Business
- B Business The cash transactions of the Beaven Club are given below for the year ended 30 December 2020: Cash at the commencement of the year 4 500 Entrance fees received 18 300...
- B Business Afinance company wants to upgrade its accounting software to a higher version. this version change requires a change in data formats. which method represents a change...
- C Chemistry What is an electric circut with two or more current paths?...
- E English The highlighted part of the sentence is called a/an? professor plum, ( who had been to the mansion before ) , expertly navigated the maze of rooms and corridors to...
- M Mathematics When rope is selling at $.10 a foot, how many feet can you buy for sixty cents...
- H Health Contrast the functions of heath related components and skilled related components of fitness....
- E English What are examples of puns? check all that apply a) it s pointless to write with a broken pencil. b) early to bed means early to rise. c) the poor, old cow was udderly...
- B Biology When plates move toward each other at oceanic-oceanic or oceanic continatal convergent boundaries, the process of usually takes place...
- M Mathematics Ireally need explain this to me i keep getting the wrong answer...
- E English The aside reveals to the audience hamlet’s a. respect for laertes. b. affection for claudius. c. jealousy of laertes. d. dislike of claudius...
Ответ:
Her opportunity cost is what she could have earned in that occupation instead of doing her own accounting work.
Explanation:Opportunity cost refers to the loss of any gain that can be attained from the alternatives that are available, when one alternative is chosen by a person. For instance consider that a person has decided to go for a movie during his free time. The cost she spent for the movie can be spent to the things that can be more useful. For example investing in something which is the opportunity cost here.
The opportunity cost is also called as economic cost. It can be calculated by measuring the amount that the time of the owner to be obtained from the next best usage. For instance the owner can consider doing accounting work to some other firm than doing for his own firm. Thus he opportunity cost would be the amount that she can earn from the other firm than doing accounting work for her own company.
Ответ:
Some of the overarching goals that market research can help organizations accomplish, include: making important business decisions, securing investments and funding, determining new business opportunities, and even avoiding business failures.
Market research is the process of determining the viability of a new service or product through research conducted directly with potential customers. Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.