Madeline spends all of her spare money on widgets, which cost $2 each, and gizmos, which cost $4 each. what is her opportunity cost if madeline buys 12 widgets?

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Answer 1

If Madeline spends all of her spare money on widgets, which cost $2 each, and gizmos, which cost $4 each. The opportunity cost if madeline buys 12 widgets is : 6 gizmos.

Opportunity cost

First step is to calculate the amount spent on widget

Amount= ( $2 x 12 )

Amount=$24

Second step is to calculate the Opportunity cost

Opportunity cost =$24/$4

Opportunity cost=6 gizmos

Therefore If Madeline spends all of her spare money on widgets, which cost $2 each, and gizmos, which cost $4 each. The opportunity cost if madeline buys 12 widgets is : 6 gizmos.

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Related Questions

When pizza company sells three $100 gift cards at the beginning of the month, it should record a $300 debit to ______ and a $300 credit to _____

Answers

Explanation:

one and three

is the answer

One and three is going to be the correct answer.

The set of financial activities that support the operations of a business is best described by which main area of finance?

Answers

THE primary area of finance best describes the collection of financial activities that support the OPERATIONS of a business Finance for businesses.

Corporate finance: what is it?

Globally, corporate finance is defined in a variety of ways. For instance, it is used more broadly in the US than it is in the UK to describe actions, judgments, and strategies pertaining to a variety of capital allocation-related topics, including as the financing of new projects, acquisition and disposal of assets, and the creation and management of cash.

Corporate transactions that result in the formation of new capital structures and/or a change in ownership are frequently linked to corporate finance.

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According to the law of demand, if all else remains equal, as the price of a good becomes lower, then _________________________.

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According to the law of demand, if all else remains equal, as the price of a good becomes lower, then the quantity demanded of the good will increase.

The law of demand states that the quantity which is purchased by a customer varies inversely with price. So when the price is higher, the lower the quantity demanded is and vice versa.

So the law of demand defines the relationship between the price of a product and people's willingness to either buy a product at a given price or not.

Hence, the law of demand tends to explain the consumer choice behavior when the price changes.

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How is the future value of $500 invested for one year at 6 percent annual interest computed?

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The future value is therefore $530.

The formula can be used to get the annual compound interest.

Future value is calculated as invested money divided by (1 + rate) years.

Amount Invested: $500, Number of Years = 1, Rate = 6%

The values in the formula being replaced

Future value is equal to 500 (1 + 0.06).

By even more simplifying

The worth in the future is therefore $530.

The interest on a loan or deposit that is calculated based on both the initial principle and the accumulated interest from prior periods is known as compound interest (also known as compounding interest). Compound interest, sometimes known as "interest on interest," is said to have its roots in 17th-century Italy. Compared to simple interest, which is calculated solely on the principal amount, it will cause a sum to grow more quickly.

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Lindsey inc. has total sales revenues of $440,000. if its total fixed costs are $70,000 and its total variable costs are $152,000, the contribution margin is:_________-

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Lindsey inc. has total sales revenues of $440,000. if its total fixed costs are $70,000 and its total variable costs are $152,000, the contribution margin is $288,000

What is Total Variable Cost?
The sum of all variable expenses related to the cost of products sold within a reporting period is known as the total variable cost. In analyzing the profitability of corporations, it is a crucial element. Only costs that change in response to production or sales volume are included in the total variable cost. It is not compiled down to the level of every single unit. Direct labor is probably the biggest part of a company's total variable cost if it is in the services industry. This is due to the fact that billable hours, along with the associated costs of payroll taxes and employee benefits, make up the majority of the cost of goods sold.

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John is experiencing heartburn after eating a large meal. what digestive structure is not working properly?

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The lower esophageal sphincter structure is not working properly.

What is the lower esophageal sphincter structure?

The muscular tube that connects the throat (pharynx) and stomach are called the esophagus. The mucosa, a pink, wet tissue, lines the esophagus, which is about 8 inches long. The esophagus is located in front of the spine, behind the heart and trachea. The esophagus travels through the diaphragm just before entering the stomach.

At the top of the esophagus, there is a group of muscles known as the upper esophageal sphincter (UES). The UES muscles, which are utilized for breathing, eating, belching, and vomiting, are controlled by the conscious mind. They prevent fluids and food from entering the windpipe.

A group of muscles called the lower esophageal sphincter (LES) is located where the esophagus enters the stomach at the lower end.

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importantance of business ​

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Answer:

Business is the source of employment. It creates employment opportunities for a large number of people in any country. Various types of employees are required both in management and technical jobs of business. The development of industry and commerce is helping to solve the employment problems of the nation.

Business improves the quality of life in two ways. Firstly, it provides high-quality goods and service to the people required for their enjoyment, comfort, and health. Secondly, a business offers employment opportunities to the people by which they can generate income and improve the quality of life.

Businesses help the society first through the distribution of goods and services which are essential for survival. Furthermore, they create employment opportunities that help individuals within the society earn an income to afford their needs.

Explanation:

You are working on a data set with customer names in the name column, in the form of first name and last name in all caps. what is the power of using flash fill to set up the data the way you prefer?

Answers

Create a new column, input the first name as you would like it to appear on the list, and then choose Flash Fill to automatically fill the column with data.

What is Flash Fill?
When it detects a pattern, Flash Fill fills your data for you automatically. Flash Fill, for instance, can be used to divide first and last names from a single column or to combine first and last names from two other columns.

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Based on the limited amount of information provided, what would you guess is the social style of the buyer? how about the social style of the seller? explain your reasoning

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Customer social style refers to the method customers use when interacting.

In terms of personality, communication style, behavior, mental processes, and decision-making methods, customers differ.

Who is a Customer ?

A person who purchases goods or services from a shop, eatery, or other retailer is referred to as a customer.

A customer is any person or organization that makes a purchase from another firm. Customers are essential to businesses because they provide revenue; without them, they could not run.

No matter what industry you are in or what kinds of goods and services you provide, your clients are the most important component of your organization. Without the customer, there are no sales. As a result, they are essential in developing your marketing strategy and messaging.

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A customer loyalty program for high-involvement products would take the form of ___________.

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A client fidelity program for high-involvement products would take the form of Brand communities.

Brand Communities: A brand community is a place where people who have an emotional connection to your brand can connect with each other and with your brand.

examples of Brand Community:

1) The SAP Community Network( SCN)

2) Playstation Community( Sony)

3) Being Girl( Procter and Gamble)

Client Fidelity Program is also known as the Customer Loyalty Program.

Best customer loyalty program examples:

-DSW.

-Sephora Beauty Insider.

-Starbucks Rewards.

-Amazon Prime.

-The North Face.

-REI Co-op.

-Apple.

A client fidelity program for high-involvement products would take the form of Brand communities.

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sno sports llc makes and sells a snowboard to toby. sno sports fails to exercise "due care" to make the board safe, and toby is injured as a result. sno sports is most likely liable for

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SNO Sports LLC makes and sells a snowboard to Toby. SNO Sports fails to exercise "due care" to make the board safe, and Toby is injured as a result. SNO Sports is most likely liable for Negligence.

Negligence meaning inability to practice the consideration that a sensibly judicious individual would practice in like conditions.

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Compute the hourly wage

Hours worked: 30
Hourly wage:
Total Pay: $350

Answers

Answer:

hours worked 30×350

=10500

Private markets tend to underproduce the optimal quantity of public goods because of ________.

Answers

Private markets tend to underproduce the optimal quantity of public goods because of free riders.

What is free-rider problem?

When those who use resources, public goods (such public roads or hospitals), or services of a communal nature do not pay for them or pay too little, it is known as the "free-rider dilemma" in the social sciences. Free riders are a concern since they may still access or utilize the good while not paying for it (either directly through fees or tolls or indirectly through taxes). This means that the good could be misused, overproduced, or deteriorated. The presence of free-riders also causes this prosocial behavior to decline, continuing the free-rider dilemma, even if there is evidence that individuals are generally cooperative.

Therefore, Private markets tend to underproduce the optimal quantity of public goods because of free riders.

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Oracle corporation offers a service called ____, which provides e-business applications on a fixed fee basis.

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Oracle corporation offers a service called WebSphere, which provides e-business applications on a fixed fee basis. A cloud provider hosts applications and makes them online accessible to customers as part of the software as a service (SaaS) distribution paradigm.

Offer strong web-based assistance for tasks like billing, customer relationship management, and order processing. Onshoring is the outsourcing of information system development, operation, or maintenance to a third party company that offers these services on a temporary or permanent basis in exchange for a fee.

A vertical application is a software suite that can be used by numerous different sorts of businesses. The assessment and selection team's main goal is to eliminate system alternatives that won't satisfy criteria, rate the feasible options, and submit the feasible options to management for a final decision.

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Discuss the role of management in the larger societal context. what do you think the managers of the future will be like?

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Management recreates a vital role in modern culture. It contains the factories of production for social progress, greater productivity, increased jobs and income, better performance, and the satisfaction of society's needs.

What do you think the managers of the future will be like?

Management plays an important part in setting the boundaries for what is sufficient ethically and legally. Future managers will be international strategists, right at technology, politicians, and good leader-motivators. . It enables the development of society and the welfare of the public. The future of management depends on flexibility, adaptation, and pragmatism.

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Which company reported the largest percentage change in net operating cash flows between 2012 and 2021, and what was the percentage change for that company?

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company reported the largest percentage change in net operating cash flows between 2012 and 2021, and -31 was the percentage change for that company.

What is cash flows?

The net balance of money coming into and going out of a firm at a certain period is referred to as cash flow. A firm continuously receives and expends cash. For instance, when a merchant buys merchandise, money leaves the company and goes to its suppliers.

Therefore,.

company reported the largest percentage change in net operating cash flows between 2012 and 2021, and -31 was the percentage change for that company.

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Which resource management agency would most likely set guidelines for oil pipelines and windmills?

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Federal Energy Regulatory Commission would most likely set guidelines for oil pipelines and windmills.

The Federal Energy Regulatory Commission (FERC) is the federal agency in the United States that controls the pipeline transportation of the oil as well as the transmission and wholesale sale of electricity and natural gas in interstate commerce. FERC also evaluates plans for interstate natural gas pipelines and projects for gas storage.

The following are some of FERC's duties: Controlling the transmission and wholesale sales of electricity in interstate commerce; Controlling the transmission and sale of natural gas for resale in interstate commerce; granting permits and conducting inspections for state, local, and private hydroelectric projects.

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President polk was willing to go to war with mexico to group of answer choices acquire new territory in the northwest. further the concept of manifest destiny. protect american settlers from a mexican invasion. ensure the independence of the republic of texas.

Answers

President Polk was inclined to visit the battle with Mexico: to in addition the concept of showing up destiny.

James Knox Polk was the 11th president of the USA, serving from 1845 to 1849. He formerly was the thirteenth speaker of the residence of Representatives and ninth governor of Tennessee. A protégé of Andrew Jackson, he changed into a member of the Democratic party and an advocate of Jacksonian democracy.

James Knox Polk become the 11th president of the USA of united states (1845-1849). As President, he oversaw the biggest territorial expansion in American records— over one million square miles of land—acquired via a treaty with England and warfare with Mexico.

Polk is chiefly recognized for extending the territory of America through the Mexican–American war; at some point of his presidency, we expanded appreciably with the annexation of the Republic of Texas, the Oregon Territory, and the Mexican Cession following American victory inside the Mexican–American battle.

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Answer:

B on edge 2022

Explanation:

B. further the concept of Manifest Deastiny

During the purchase phase for new skis, larry creates a __________ based on his skiing ability and price.

Answers

During the purchase phase for new skis, Larry creates a Consideration set based on his skiing ability and price.

Consideration set

The brands or goods that remain after a person has reduced their options using their own unique screening criteria, such as prior exposure, brand awareness, pricing, and more, are known as a consideration set.The consideration set is crucial because, in increasingly complicated decision circumstances, the choice process is frequently conceptualized as a two-stage sequence, as was covered in Roberts (1989) and Roberts and Nedungadi (1995).

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What factors made the difference between success and failure of the cisco erp project?

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The success and failure of the Cisco ERP project depended on the resources that the top management and board of Cisco dedicated to the project. If monetary resources were few then the success of planning and implementation would have affected the success.

Cisco Systems, Inc. (commonly known as Cisco) is a US-based multinational technology company headquartered in San Jose, California. Cisco designs manufacture and markets network hardware, software, communications equipment, and other high-tech services and products.

Definition: A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber forms. All products are made at a price and sold at a price. The price that can be calculated depends on the market, quality, marketing, and target segment. A product is an item or service that you sell to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).

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If mean lead time decreases but all other values remain the same, what will be the impact on the order point?

Answers

the order point will decrease

The delay between the start of a procedure and its conclusion is known as a lead time. For instance, the lead time between placing an order and receiving a new automobile from a certain manufacturer might range from 2 weeks to 6 months, depending on a number of specifics. The complete amount of time needed to create an item, including order preparation time, queue time, setup time, run time, move time, inspection time, and put-away time, is referred to as "manufacturing lead time" in one business lexicon. It is the period of time between when an order is released and when that order is produced and sent for made-to-order goods. It is the period of time between the release of an order and the manufacturing of and reception into completed goods inventory for make-to-stock products.

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A feature of a product or service that customers have come to expect and entering competitors must also offer is a(n):___________

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A feature of a product or service that customers have come to expect and entering competitors must offer is an Entry Barrier.

What is an entry barrier?

High startup costs or other impediments that make it difficult for new rivals to enter a market or line of business are referred to as barriers to entry. As a result of protecting their revenues and earnings and preventing competitors from taking market share, incumbent businesses benefit from entry barriers.

Entry barriers are things that stop or make it difficult for new businesses to enter a market. Entry barriers reduce the market's contestability and level of competition. The fewer entry obstacles there are, the less competitive the market will be.

What are the four primary categories of entry barriers?

Legal (patents/licenses), technical (high start-up costs/monopolies/technical knowledge), strategic (predatory pricing/first mover), and brand loyalty are the four basic categories of entry barriers.

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Xyz corporation has $10m to invest. there are three investment opportunities they are considering. each opportunity requires $10m investment. which investment should xyz pursue?

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Xyz corporation has $10m to invest. there are three investment opportunities they are considering. each opportunity requires $10m investment. Probability / Outcome.45 / 20% .45 / 5%.10 / -10%

What is investment?

The dedication of a resource to a long-term increase in value is known as investment. A present resource, such time, money, or effort, must be lost in order to invest. The goal of investing in the financial world is to make money off the asset that is being used.

An investment is a purchase undertaken with the hope of earning money or increasing capital. Appreciation is the term for an asset's value rising over time. When someone invests in a product, they do so with the intention of using it to make money in the future rather than for immediate consumption.

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Which type of value is of greatest importance to an appraiser in a typical appraisal assignment?

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Market value is the type of value which is of greatest importance to an appraiser in a typical appraisal assignment.

The majority of appraisals performed are concerned with estimating the market value of a property, which is the same as its value in exchange.

The market value of a property is decided by buyers, who value the property they are interested in or willing to pay for.  Based on what they think the price of a property should be and, most importantly, what they are willing to pay for it.

This is why Market value is the type of value which is of greatest importance to an appraiser in a typical appraisal assignment.

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The document confirming that a new building has met all the minimum building standards and that is the final regulatory step in the process of offering new construction for sale is called:_________

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The document confirming that a new building has met all the minimum building standards and that is the final regulatory step in the process of offering new construction for sale is called Certificate of Occupancy

A certificate of occupancy is a legal document given by a local government organisation or building department that attests to a building's adherence to all relevant building standards and legislation and that it is in a fit state for habitation.Who is in charge of the occupancy certificate?Regarding the final occupancy permission, the Contractor is required to get it, but he is not liable to the Owner if the license is not issued or is issued late for reasons that cannot be attributed to the Contractor.

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Refer to echo air company. since the company created its code of conduct, employees have limited ____, or amount of freedom to perform an unethical act.

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Refer to echo air company. since the company created its code of conduct, employees have limited opportunity, or amount of freedom to perform an unethical act.

What do you mean by Code of Conduct?

Although it can contribute to the growth of an inclusive culture, a code of conduct is not a panacea in and of itself. The organization's leaders create an ethical culture by modelling ethics via their attitudes and behaviour. A learning process that includes instruction, consistent enforcement, and ongoing monitoring and improvement is required for the effective implementation of private sector codes of conduct, according to studies in this area. To ensure that members understand and remember the code's contents, it is insufficient to just make them read it. Effectiveness is demonstrated when staff members/employees feel comfortable speaking up and believe that the organisation will react accordingly.

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Has three segments that when analyzed together give an idea of what the company owns and what it owes

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The correct answer is Balance sheet

A financial statement that lists a company's assets, liabilities, and shareholder equity at a certain point in time is referred to as a balance sheet. The foundation for calculating investor return rates and assessing the capital structure of a company is provided by balance sheets. The balance sheet is a financial statement that gives a quick overview of the assets and liabilities of a firm as well as the amount of shareholder investment. When doing basic analysis or calculating financial ratios, balance sheets can be utilized in conjunction with other crucial financial data. An organization's assets, liabilities, and shareholder equity are listed on a balance sheet, which is a financial statement. One of the three primary financial statements used to assess a company is the balance sheet.

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Other names for manufacturing overhead include ______.
a. factory burden
b. indirect manufacturing costs
c. prime manufacturing costs
d. factory overhead

Answers

Other names for manufacturing overhead include:

a. factory burden

b. indirect manufacturing costs

c. factory overhead

What is manufacture overhead?

A company's manufacturing activities include any expenses that are incurred that are not directly related to the cost of direct supplies and labor. Manufacturing overhead is referred to as an indirect cost because of this.

Costs, however, that are incurred outside of the manufacturing facilities are not costs for the products and cannot be inventoried. These expenses, which comprise selling, general, and administrative charges such corporate salaries, audit, and legal fees, are only reported as expenses and are included in the income statement for the accounting period in which they take place.

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Assuming the number of shares outstanding and total earnings remains constant, an increase in dividends per share will:______

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The number of shares outstanding and total earnings remains constant, an increase in dividends per share will reduce the Addition to Retained Earning.

Retained Earning are the combined net income or benefits of an organization after representing profit installments. As a significant idea in bookkeeping, "retained" catches the way that since those profits were not delivered out to investors as profits, they were rather held by the organization.

Dividends is the dissemination of an organization's income to its investors not entirely set in stone by the organization's governing body. Dividends are much of the time appropriated quarterly and might be paid out as money or as reinvestment in extra stock.

The dividend yield is the profit per share and is communicated as dividend/cost as a level of an organization's portion cost, for example, 2.5%.

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Which company is expecting to gain the majority of its returns on new investments?

Answers

Phillips Petroleum is expecting to gain the majority of its returns on new investments.

What is investment?Investment is the dedication of a resource to achieving a value rise over time. A current item, such time, money, or effort, must be sacrificed in order to invest. The goal of investing in finance is to profit from the asset that is being financed. Your investing style and method of choice are determined by your investing personality. Your financial risk profile, which takes into account your age, financial background, current situation, and investment objectives, essentially sums up your investing personality. Investment assets include both tangible and intangible goods that are acquired for the purpose of generating additional income or held for speculation in the hope that their value will rise in the future.

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