Ben has two options this weekend. He could work at his job and earn $10 per...
Ben has two options this weekend. He could work at his job and earn $10 per hour for three hours, or he could go to a concert for that three hours. A ticket for the event costs $30. What is the opportunity cost of the event? $
Homework Answers
Opportunity cost is the value of next best alternative foregone. When Ben go for the event then he will spend $ 30 on the ticket and give up $ 30 ($ 10 X 3 hours) that he could earn from his job.
So, Opportunity cost = 30 + 30 = $ 60
Add Answer to:
Ben has two options this weekend. He could work at his job and
earn $10 per...
Tool Google , Five Foundations of Eco. 7% 01/31/19 O See Hint OPPORTUNITY COST Max has...
Tool Google , Five Foundations of Eco. 7% 01/31/19 O See Hint OPPORTUNITY COST Max has two options this weekend. He could work at his job and earn $7 per hour for three hours, or he could go to a concert for that three hours. A ticket for the event costs $30. What is the opportunity cost of the event? S K03/10> 1 OF 10 QUESTIONS COMPLETED
Paul is considering attending a concert. He estimates the ticket price will be $86, and the...
Paul is considering attending a concert. He estimates the ticket price will be $86, and the cost of driving to the concert and parking will total an additional $28. In order to attend the concert, Paul will have to take time off from his part-time job. He estimates that he will lose 4 hours at work, at a wage of $13.39 per hour. What is Paul's opportunity cost of attending the concert? Enter a number rounded to two decimal places.
Paul is considering attending a concert. He estimates the ticket price will be $99, and the...
Paul is considering attending a concert. He estimates the ticket price will be $99, and the cost of driving to the concert and parking will total an additional $23. In order to attend the concert, Paul will have to take time off from his part-time job. He estimates that he will lose 4 hours at work, at a wage of $11.49 per hour. What is Paul's opportunity cost of attending the concert? Enter a number rounded to two decimal places
need within 20 minitues please Ben arrived at work at 8:15 A.M. He left work at...
need within 20 minitues please
Ben arrived at work at 8:15 A.M. He left work at 10:30 P.M. Ben gets paid by the hour at a rate of $ 12. He earns $ 18 per hour for any time worked after 8 hours in a day. How much did Ben get paid? $ 208.50 $204.00 $96.00 $ 171.00
Your brother, age 30, working for ABC corp.wants to quit his job and go back to...
Your brother, age 30, working for ABC corp.wants to quit his job and go back to school for MBA degree. At his current job, he is making $60000 per year and was planning to work until age 65 years. If he goes back to school, he will forego two years of income, but his real income after graduation would be $90000 per year until retirement at age 65. He has been accepted to an MBA program that costs a real...
Bill Clinton reportedly was paid $12 million to write his book My Life. The book took three years to write. In the time he spent writing, Clinton could have been paid to make speeches. Given his popularity, assume that he could earn $8.50 million per year
Bill Clinton reportedly was paid $12 million to write his book My Life. The book took three years to write. In the time he spent writing, Clinton could have been paid to make speeches. Given his popularity, assume that he could earn $8.50 million per year (paid at the end of the year) speaking instead of writing. Assume his cost of capital is 10.0% per year.a. Based on the above cash flows, how many IRRs does the opportunity have? Does the IRR rule give the right...
need an appropriate diagram for the answer. thanks Julien currently has two jobs. Her primarily job...
need an appropriate diagram for the answer.
thanks
Julien currently has two jobs. Her primarily job pays $25 per hour, but he cannot work any more than 6 hours per day at it. Her secondary job pays only $15 per hour, but he can work up to 10 hours per day. Currently, he chooses to work 6 hours at his primarily job and 4 hours at his secondary job. 4. Suppose that the wage rate of his primarily job has...
Ben the Builder has been working for a few years and decided to go back to school. Being originally from Bothell, he has set his sights on UW Bothell. Currently, living and working out of state, he&#...
Ben the Builder has been working for a few years and decided to go back to school. Being originally from Bothell, he has set his sights on UW Bothell. Currently, living and working out of state, he's thinking about moving to Washington a year early to establish residency. It's worth considering, knowing that in state tuition is $12,000 per year, while out-of-state tuition is $50,000 per year. He's currently living out of state with friends for free, but if he...
. Essay question. Analyze whether Ben has a valid Title VII claim. Ben, who is African-American, is employed by Acme Corp. He has received good job performance evaluations during his 10 years there....
. Essay question. Analyze whether Ben has a valid Title VII claim. Ben, who is African-American, is employed by Acme Corp. He has received good job performance evaluations during his 10 years there. In 2017 Diane became his supervisor. Diane and Ben did not get along, and often had arguments over how best to deal with various client requests. In 2019, Diane transferred Ben to a new position in the company, in a different section, that paid a salary $2000...
John works eight hours per day. Today he has to decide whether to work overtime and...
John works eight hours per day. Today he has to decide whether to work overtime and stay one more hour in the office, or go back home and spend that hour studying for his economics exam. His company pays him $ 70 per day if he works eight hours, and $100 per day if he works nine hours. Assuming that, if John studies one more hour, his exam score increases from 75 to 80, what is John's rational decision? John...
Tool Google , Five Foundations of Eco. 7% 01/31/19 O See Hint OPPORTUNITY COST Max has two options this weekend. He could work at his job and earn $7 per hour for three hours, or he could go to a concert for that three hours. A ticket for the event costs $30. What is the opportunity cost of the event? S K03/10> 1 OF 10 QUESTIONS COMPLETED
Paul is considering attending a concert. He estimates the ticket price will be $99, and the cost of driving to the concert and parking will total an additional $23. In order to attend the concert, Paul will have to take time off from his part-time job. He estimates that he will lose 4 hours at work, at a wage of $11.49 per hour. What is Paul's opportunity cost of attending the concert? Enter a number rounded to two decimal places
need within 20 minitues please
Ben arrived at work at 8:15 A.M. He left work at 10:30 P.M. Ben gets paid by the hour at a rate of $ 12. He earns $ 18 per hour for any time worked after 8 hours in a day. How much did Ben get paid? $ 208.50 $204.00 $96.00 $ 171.00
need an appropriate diagram for the answer.
thanks
Julien currently has two jobs. Her primarily job pays $25 per hour, but he cannot work any more than 6 hours per day at it. Her secondary job pays only $15 per hour, but he can work up to 10 hours per day. Currently, he chooses to work 6 hours at his primarily job and 4 hours at his secondary job. 4. Suppose that the wage rate of his primarily job has...
Ben the Builder has been working for a few years and decided to go back to school. Being originally from Bothell, he has set his sights on UW Bothell. Currently, living and working out of state, he's thinking about moving to Washington a year early to establish residency. It's worth considering, knowing that in state tuition is $12,000 per year, while out-of-state tuition is $50,000 per year. He's currently living out of state with friends for free, but if he...
Most questions answered within 3 hours.
-
1a)
. State the difference (IN YOUR OWN
WORDS) between
-absolute advantage and comparative
advantage.
-between...
asked 21 seconds from now -
Calculate the mass of 11.3 mL of a liquid with a density of 8
g/mL. INCLUDE...
asked 5 minutes ago -
In the movie "Is America Number One" we see a continued reliance
on a concept that...
asked 4 minutes ago -
In tae-kwon-do, a hand is slammed down onto a target
at a speed of 11 m/s...
asked 4 minutes ago -
consider the following price index in 2017:85; price
index in 2018: 100; price index 2019: 110;...
asked 30 minutes ago -
What is the [CH3COO–]/[CH3COOH]
ratio necessary to make a buffer solution with a pH of 4.34?...
asked 35 minutes ago -
a
physics textbook is thrown straight upward with a velocity of 5.00
m/s from the too...
asked 35 minutes ago -
QUESTION: Provide a real-world example or describe a
hypothetical situation in which a legitimate organization used...
asked 34 minutes ago -
In the United States, laws mandating that companies be
responsible for take back of electronic wastes...
asked 51 minutes ago -
URGENT PLEASE HELP. could you make it easy to understand and in
C++ thanks
1. (30...
asked 59 minutes ago -
Case Study. Multi Projects
Multi Projects, Inc., is a well-established consulting firm
with 400 employees. It...
asked 1 hour ago -
An 8.00 kg point mass and a 15.0 kg point mass are held in place
50.0...
asked 1 hour ago