![QUESTION 4 Which of the following is the opportunity cost of the commuting cost t? [Select one answer that is correct.] D Gasoline Cost O Automobile insurance cost Automobile depreciation Getting up early to catch up LIRR to Manhattan](http://img.homeworklib.com/questions/eda18f50-7899-11ea-a203-ab7db43c7c0e.png?x-oss-process=image/resize,w_560)
Homework Answers
The opportunity cost is the cost of preceding next best alternative to produce economic activity. The opportunity cost can be measured as the cost of the following best option if it would have been chosen instead. In this case, the cost of commuting is gasoline cost, insurance cost and depreciation of the car. These all are the direct cost of commuting. The opportunity cost is the cost of the alternative the commuter give up to commute. Then it is the LIRR to Manhattan.
Therefore, the correct option is: (d) getting up early...
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QUESTION 4 Which of the following is the opportunity cost of the commuting cost t? [Select...
Please explain if possible Which of the following is the opportunity cost of the commuting cost...
Please explain if possible
Which of the following is the opportunity cost of the commuting cost t? J Gasoline Cost Automobile insurance cost Automobile depreciation Getting up early to catch up LIRR to Manhattan
Question 9 Question 6 Define opportunity cost In marginal analysis, if possible, the optimal outcome is...
Question 9 Question 6 Define opportunity cost In marginal analysis, if possible, the optimal outcome is found when Select the correct answer below: Select the correct answer below O All possible consumption combinations of goods that someone can afford when all income is spent O A cost that is made in the past and cannot be recovered, O All possible combinations of consumption that someone can afford given the prices of goods and the individual's income. O The measure of...
Question 8 (10 points) Using an automobile as a cost center and miles traveled as the...
Question 8 (10 points) Using an automobile as a cost center and miles traveled as the cost driver, which of the following cost components are direct costs? Select all that apply. (a) parking fee at SPSU HD b) gasoline c) insurance d) oil change e) tires f) license plate fee
Question 51 - Which of the following is not a component of inventory cost? Select Annual...
Question 51 - Which of the following is not a component of inventory cost? Select Annual demand as your answer Annual demand Select Order quantity as your answer Order quantity Select Inventory position as your answer Inventory position Select Ordering cost as your answer Ordering cost Select Overhead cost as your answer Overhead cost Question 43 - In a 5-period weighted moving average forecast for period t + 1, which period will have the most weight? Select Period t -2...
Which of the following statements is true of an opportunity cost? (Only one answer.) A) An...
Which of the following statements is true of an opportunity cost? (Only one answer.) A) An opportunity cost is a direct cost that a firm pays in order to pursue a new business opportunity. B) An opportunity cost is the potential benefit of an alternative that a decision maker forgoes when he or she chooses a different alternative. C) Opportunity costs appear in a firm’s accounting records. D) Opportunity costs only apply to business decisions.
Which of the following would not be included in the cost of a new building? Select...
Which of the following would not be included in the cost of a new building? Select one: O a. Building insurance b. Excavation costs c. Advertising costs to change the picture of the building. O d. Demolition of old building e. Installation costs
Which of the following is an example of an intermediate good or service? Select one: O...
Which of the following is an example of an intermediate good or service? Select one: O a. A house purchased by a family O b. Gasoline purchased by an insurance agent to visit clients at their homes c. A new computer purchased by a university student for her schoolwork O d. A car purchased by a student's parents and given to the student
Question 14 Refer to the PPF below to answer the questions. The opportunity cost of increasing...
Question 14 Refer to the PPF below to answer the questions. The opportunity cost of increasing steel from 75 to 80 tons is Not yet answered Marked out of 1.00 Flag question Tons of wheat 20 80 90 100 75 Tons of steel Select one: o a. 45 tons of wheat O b. 30 tons of wheat o c.50 tons of wheat O d. 35 tons of wheat
answer 4 and 5: 4. Which one of the following is not a type of euthanasia?...
answer 4 and 5:
4. Which one of the following is not a type of euthanasia? O A. Semi-Voluntary Euthanasia OB.Involuntary Euthanasia O C. Non-Voluntary Euthanasia D. Voluntary Euthanasia Question 5 1 pts 5. Which of the following are elements of Brock's Conventional Compromise concerning conscientious objection by healthcare providers? (Select all that apply). A. Patients must be appraised by the physician of any medically significant treatments. B. Patients must not face excessive hardships in following up with an alternate...
The opportunity cost of going to university is Select one: a. the sum of all the...
The opportunity cost of going to university is Select one: a. the sum of all the money a student spends on food, clothing, books, transportation, tuition, lodging and other expenses b. the value of the best opportunity a student gives up to attend university c. zero for students who are fortunate enough to have all of their university expenses paid by someone else d. zero, since a university education will allow a student to earn a larger income after graduation
Please explain if possible
Which of the following is the opportunity cost of the commuting cost t? J Gasoline Cost Automobile insurance cost Automobile depreciation Getting up early to catch up LIRR to Manhattan
Question 9 Question 6 Define opportunity cost In marginal analysis, if possible, the optimal outcome is found when Select the correct answer below: Select the correct answer below O All possible consumption combinations of goods that someone can afford when all income is spent O A cost that is made in the past and cannot be recovered, O All possible combinations of consumption that someone can afford given the prices of goods and the individual's income. O The measure of...
Question 8 (10 points) Using an automobile as a cost center and miles traveled as the cost driver, which of the following cost components are direct costs? Select all that apply. (a) parking fee at SPSU HD b) gasoline c) insurance d) oil change e) tires f) license plate fee
Which of the following would not be included in the cost of a new building? Select one: O a. Building insurance b. Excavation costs c. Advertising costs to change the picture of the building. O d. Demolition of old building e. Installation costs
Which of the following is an example of an intermediate good or service? Select one: O a. A house purchased by a family O b. Gasoline purchased by an insurance agent to visit clients at their homes c. A new computer purchased by a university student for her schoolwork O d. A car purchased by a student's parents and given to the student
Question 14 Refer to the PPF below to answer the questions. The opportunity cost of increasing steel from 75 to 80 tons is Not yet answered Marked out of 1.00 Flag question Tons of wheat 20 80 90 100 75 Tons of steel Select one: o a. 45 tons of wheat O b. 30 tons of wheat o c.50 tons of wheat O d. 35 tons of wheat
answer 4 and 5:
4. Which one of the following is not a type of euthanasia? O A. Semi-Voluntary Euthanasia OB.Involuntary Euthanasia O C. Non-Voluntary Euthanasia D. Voluntary Euthanasia Question 5 1 pts 5. Which of the following are elements of Brock's Conventional Compromise concerning conscientious objection by healthcare providers? (Select all that apply). A. Patients must be appraised by the physician of any medically significant treatments. B. Patients must not face excessive hardships in following up with an alternate...
The opportunity cost of going to university is Select one: a. the sum of all the money a student spends on food, clothing, books, transportation, tuition, lodging and other expenses b. the value of the best opportunity a student gives up to attend university c. zero for students who are fortunate enough to have all of their university expenses paid by someone else d. zero, since a university education will allow a student to earn a larger income after graduation
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