The business cycle graph demonstrates the short-term variations in the economy.
When real output declines for at least two quarters in a row, the economy is in a recession (real GDP). Depression is a long-lasting, severe recession.
Every country's economy has expansionary and contractionary eras. The levels of employment, productivity, as well as the overall demand and supply of the country's goods and services, all contribute to these shifts. The variations of the economy between times of expansion (growth) and contraction are referred to as the "economic cycle" (recession). The present stage of the economic cycle can be determined using variables like gross domestic product (GDP), interest rates, total employment, and consumer expenditure.
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A change in each of the following is a lagging economic indicator except? a employment duration b reported corporate profits c inventory to sales ratio d initial claims for unemployment
An exchange in every of the following is a lagging economic indicator besides employment duration.
An economic indicator is a macroeconomic dimension utilized by analysts to apprehend modern and destiny economic activity and possibility. The most extensively-used economic signs come from statistics released with the aid of the government and non-income businesses or universities.
An economic indicator is a statistic of approximately a financial interest. economic signs permit evaluation of monetary performance and predictions of destiny overall performance. One application of economic signs is the look at business cycles. Wikipedia
importance
A leading indicator is an economic aspect that has a tendency to alternate earlier than the economic system begins to exchange. A lagging indicator is a monetary element that modifications simplest after the change inside the economy has already taken place. leading indicators are used to forecast extensive shifts within the financial system.
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The gap between wealthy and low-income individuals within a population is called income.
The gap between wealthy and low-income individuals within a population is called income inequality.
A population, in statistics and different areas of mathematics, is a discrete group of people, animals or things that may be diagnosed through as a minimum one commonplace feature for the functions of data collection and evaluation. To collect statistics about a huge populace, facts is generally accrued from a pattern.
A population is the complete institution that you want to attract conclusions about. A sample is the unique organization that you will accumulate facts from. the scale of the sample is continually less than the entire length of the populace. In studies, a populace would not constantly talk to humans.
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if it is difficult to increase production of a good in response to a higher price, the good is likely to have relatively supply.
A good's supply is likely to be relatively inelastic if it is challenging to raise output in response to a higher price.
What does "inelastic supply" mean?
This happens when the percentage change in the amount supplied is smaller than the percentage change in the price of the good, and the absolute value of the coefficient is below 1.
The researched time horizon is typically a significant factor in determining the elasticity of supply in marketplaces. The supply is typically elastic over the long run and inelastic over the short term. This occurs as a result of businesses' inability, in the short term, to modify their manufacturing facilities to create a greater volume of items in less time.
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The ________ serves as an articulation of the fundamental principles at the heart of the organization and should guide all decisions without abridgment.
The mission statement serves as an articulation of the fundamental principles at the heart of the organization and should guide all decisions without abridgment. It defines the organization's goal and ultimate intention. The vision is supported by the mission statement, which communicates purpose and direction to employees, customers, vendors, and other stakeholders.
A excellent mission statement embraces a target audience's expectations for something they actually desire. Zappos' mission statement, for example, is "to give the greatest customer service possible." This instils in Zappos' customers the expectation that they will receive outstanding customer service every time. Everything we do is focused on Our Mission.
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a modernist city planning concept that proposed creating condensed, vertical living space to create more open space for mobility and light across the city is which of the following?
The correct answer to this question is compact city planning.
The compact city, also known as the city of short distances, is an urban planning and design concept that encourages relatively high residential density with mixed land uses. It is based on an efficient public transportation system and an urban layout that, according to its supporters, encourages walking and cycling, as well as low energy consumption and pollution.
The compact city model, in theory, produces benefits that are appealing to modern urbanites. Shorter commute times, reduced community environmental impact, and reduced consumption of fossil fuels and energy are all desired benefits. However, global research on compact cities suggests that these outcomes are not guaranteed. To make matters worse, the cities' design restricts residents' access to green space and reasonable views. For the compact city model to gain popularity, it is necessary to examine both its advantages and disadvantages.
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What type of financial planning focuses on issues such as paying your monthly rent, paying tuition and fees, and cost of food, while still having some funds to use for entertainment, rest and relaxation?.
The type of financial planning that focuses on issues such as paying your monthly rent, paying tuition and fees, and the cost of food, while still having some funds to use for entertainment, rest, and relaxation is personal financial planning
This is further explained below.
Exactly what is meant by the term "personal financial planning"?It is an all-encompassing strategy that looks a good number of years into the future. It is not limited to those who have a lot of financial resources.
A financial strategy defends you against life's shocks. It contains information on your income, savings, assets, expenses, debt, and insurance coverage, among other things.
In conclusion, Personal financial planning refers to the process of arranging one's finances so that one can meet essential monetary obligations, such as one's monthly rent payment, one's share of educational expenses and one's share of the cost of food, while also reserving a certain amount of money for one's own enjoyment, recreation, and downtime.
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consider pablo’s decision to go to college. if he goes to college, he will spend $21,000 on tuition, $11,000 on room and board, and $1,800 on books. if he does not go to college, he will earn $16,000 working in a store and spend $7,200 on room and board. pablo’s cost of going to college is
if he does not go to college, he will earn $16,000 working in a store and spend $7,200 on room and board. pablo’s cost of going to college is "$123,000".
What is a cost in economics?In economics, the phrase "cost" refers to the value assigned to the time, effort, materials, risks, as well as other resources used to provide a good or service.
An organization must pay a variety of costs, such as opportunity costs, fixed costs, implicit costs, direct costs, societal costs, and replacement costs. Contrarily, revenue is the money that a business brings in from the sale of its products or services. Tax, interest, and dividend deductions that an entity has made are excluded. The profitability of a company can be determined by examining its costs and revenues.
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research suggests that there are 10 primary characteristics that, in aggregate, capture the essence of an organization's culture. match these characteristics with their descriptions.
Risk tolerance - The degree to which employees are encouraged to be aggressive, innovative, and chance-taking.
Reward criteria - The degree to which rewards such as promotion and salary increases are allocated according to employee performance rather than seniority, favoritism, or other nonperformance factors.
Conflict tolerance - The degree to which employees are encouraged to air concerns and criticisms openly.
Means versus ends orientation - The degree to which management focuses on outcomes rather than on techniques and processes used to achieve those results.
The act or skill of management: directing or supervising something (eg, a company) A business has improved under the leadership of a new owner. 2: Judicious use of means to an end, very careful when dealing with money. Helps achieve group goals - organize production factors, collect and organize resources, and integrate resources in an effective way to achieve goals. direct the group's efforts to achieve
At its most basic level, management is a discipline comprised of five general functions: planning, organization, staffing, leadership, and administration. These five features are part of a set of practices and theories for being a successful manager.
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If a 10 percent increase in price leads to a 15 percent decrease in the quantity demanded of the good, as a result of the price change, the total revenue for this product will ________.
If a 10 percent increase in price leads to a 15 percent decrease in the quantity demanded of the good, as a result of the price change, the total revenue for this product will decrease
This is further explained below.
What is total revenue?Generally, A seller's total income is the sum of all revenues obtained as a result of selling their products or services to customers.
It is possible to express it using the formula P /Q, which stands for the price of the items multiplied by the quantity of the goods that were sold.
In conclusion, If a change in the price of only ten percent results in a fifteen percent drop in the amount of an item that is desired as a direct consequence of the price adjustment, then the overall income generated by the sale of this product will go down.
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complete question
If a 10 percent increase in price leads to a 15 percent decrease in the quantity demanded of the good, as a result of the price change, the total revenue for this product will ________.
Select one:
A /increase
B d/ouble
C dec/rease
D NO ch/ange
A car company is testing a new type of tire. They want to determine the average stopping distance in light rain, light snow and dry conditions. They test out tires on four randomly selected cars from the lot. They want to know if the stopping distance is significantly different under the three conditions. What is the factor?.
Road conditions is the main factor to determine the average stopping distance in light rain, light snow and dry conditions. ANOVA (Analysis of Variance) used in this experiment.
The variables that the investigator controls during an experiment in order to ascertain their impact on the response variable are called factors. Here, we want to see if there are any significant differences in the stopping distance across the three scenarios. 4 randomly chosen automobiles make up the experimental units (type of tire). ANOVA (Analysis of Variance) may be used in this experiment to determine whether or not the means of the three groups are equal.
By dividing the variability into systematic and random variables, the statistical models in the ANOVA (Analysis of Variance) collection are used to evaluate the differences between the means of two independent groups. It is useful to ascertain how the independent variable affects the dependent variable.
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Which phase of the business cycle would have a falling unemployment rate, meaning more jobs are becoming available?
Contraction
Expansion
Peak
Trough
The expansion phase of the business cycle can be defined as the phase where there would be falling unemployment rate, meaning more jobs are becoming available.
What is the business cycle?This is the term that is used to refer to the periods of business expansions , recoveries and recessions that are seen in a given economy. The business cycle is used to show the decreases and the increases in the economy.
The period of a decrease in unemployment is an expansion period that shows that the economy is about to experience recoveries.
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Answer:
Expansion
Explanation:
I'm taking the test so.
Ordinarily, what source of evidence should least affect audit conclusions? accounts receivable confirmations received directly from customers
The source of evidence that should least affect audit conclusions is a correct Inquiry of management is a form of internal evidence, which is the least reliable form of evidence.
What is an audit conclusions?Basically, an audit refers to an examination of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following documented system of recording transactions.
As an Audit conclusions means the overall outcome of an audit program provided by the audit leader or the audit team after a thorough evaluation of audit results, the source of evidence that should least affect audit conclusions is a correct Inquiry of management is a form of internal evidence, which is the least reliable form of evidence.
Missing data a. External documentary evidence. b. Inquiry of management. c. Documentation prepared by the audit team. d. Inquiry of entity legal counsel."
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Distinguish among corporate, business, and functional strategies. how does each strategy relate to hrm? why?
The company approach is your employer's huge-image desire. in case you're big enough to have corporate departments, every department ought to have an enterprise method based on the company goals. The purposeful approach is an in-depth plan for transferring toward the business desires.
The corporate stage method includes pinnacle-stage management. the commercial enterprise-level approach includes the capacity to compete of each enterprise unit. practical degree method includes every single function in each business unit.
Within the hierarchy of targets, it is the company targets that can be the boss! those are the targets that the enterprise as an entire is making an attempt to achieve. through assessment, purposeful goals can be viewed as an inclined servant of the corporate goals.
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about how many years will it take for $100,000 placed in a bank account at 7% interest rate compounded annually to double?
The time that it take for $100,000 placed in a bank account at 7% interest rate compounded annually to double is 10.24 years.
How to calculate the time?We use the formula:
A=P(1+r/100)^n
where
A = future value
P = present value
r = rate of interest
n = time period.
Hence, 200,000 = 100,000*(1+7/100) ^n
or 2 = (1.07) ^ n
Taking log on both sides we get,
log 2 = n log (1.07)
Hence, n = Log 2 / log (1.07)
or n = 10.24476835
Hence the correct answer is 10.24 years.
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small amount of money in an interest-earning account for three years, doesn’t plan on withdrawing the funds, and wants them to stay in the account until the end of the third year.
small amount of money in an interest-earning account for three years, doesn’t plan on withdrawing the funds, and wants them to stay in the account until the end of the third year, It is Retail certificate of deposit (CD).
A Certificate of Deposit (CD) is what, exactly?
A certificate of deposit (CD) is a type of savings instrument that accrues interest on a single quantity of money for a certain amount of time. Unlike savings accounts, CDs require that the money stay undisturbed over the full term to avoid penalties and missed interest. Savings accounts often provide lower interest rates than CDs as compensation for liquidity loss.
The majority of consumer financial institutions provide certificates of deposit (CDs), although each bank is free to set its own conditions, rate of interest in comparison to savings and money market products, and early withdrawal fees.
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for gaap purposes, if a dividend receiving corporation owns less than percent of the stock of the distributing corporation, the receiving corporation includes the dividend in income (same as tax; no book-tax differences).
Less than 20% of the stock.
For GAAP purposes, if a dividend receiving corporation owns less than 20 percent of the stock of the distributing corporation, the receiving corporation includes the dividend in income.
What is Tax?Whether municipal, regional, or federal, taxes are mandated payments made by individuals or businesses to the government. Government programs like Social Security and Medicare as well as public infrastructure and services like roads and schools are funded by tax income.
Taxes are borne by whoever bears the cost of the tax, whether this is the entity being taxed, such as a business, or the final users of the items produced by the firm.
Taxes of all kinds, including payroll taxes, federal and state income taxes, and sales taxes, need to be taken into account from an accounting standpoint.
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The correct question is:
“for gaap purposes, if a dividend receiving corporation owns less than ______ percent of the stock of the distributing corporation, the receiving corporation includes the dividend in income (same as tax; no book-tax differences).”
To complete the first setup on a new machine took an employee minutes. using an umulative averagetime learning curve indicates that the second setup on the new machine is expected to take ________.
A percentage that indicates the pace of improvement is generally used to represent a learning curve.
What Is a Learning Curve?
A learning curve is a mathematical idea that illustrates visually how a process improves over time as a result of learning and growing skill. According to the learning curve idea, things will take less time and effort to complete the more times they are completed because of the proficiency that is acquired when the procedure is learnt. The learning curve, which is a tool for estimating costs and gauging the effectiveness of production, was initially introduced by psychologist Hermann Ebbinghaus in 1885.
In a learning curve's graphic representation, a steeper slope denotes an initial learning that results in more cost savings and a subsequent learning that leads to slower, more challenging cost savings.
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at the beginning of year 2 clair company had a $5,500 balance in its retained earnings account. during january of year 2 clair earned $2,000 of revenue and incurred $1,400 of expenses. based on this information, the balance in retained earnings account on january 31, year 2 is
The balance in retained earnings account on January 31, year 2 is $6,100.
What is retained earnings?Retained earnings is the amount of a company's earnings that is not paid out to shareholders as dividends. Retained earnings is the sum of beginning retained earnings and net income. Net income is revenue less expenses. Revenue increases the value of retained earnings while expenses decrease its value.
When calculating retained earnings, the balance of the retained earnings from the previous accounting period would be added to the current accounting period because the retained earnings account is a permanent account.
Retained earnings = beginning retained earnings + revenue - expenses
$5,500 + $2,000 - $1,400 = $6,100
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Coca-cola is a(n) _____ of the soft drink product category because it is the concept within a soft drink schema that is the single best representation of that category.
Coca-cola is an Exemplar of the soft drink product category because it is the concept within a soft drink schema that is the single best representation of that category.
What is the product representation ?
Analyzing business processes in supply networks uses process models more frequently now. Although products are a crucial component of supply chain semantics, there is insufficient product representation in supply chain process models. The 'labelled flows' that this research suggests directly assign product names to flows rather than implicitly expressing products through other visual structures. With the aid of a lab experiment, we discover that labelled flows enhance domain comprehension in terms of product comprehension and product modeling performance. Our innovation in product representation within supply chain process models contributes to modeling research and improves domain comprehension.
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estimates show there are blank multinational corporations with hundreds of thousands of foreign affiliates.
Estimates depicts that there are more than 100,000 multinational corporations with hundreds of thousands of foreign affiliates.
The structure of an organization that defines foreign direct investment is the multinational corporation, which is a company with operations spread over more than two nations.
A commercial partnership in which one firm holds less than a majority of the shares of the other is referred to as a "affiliate". A sort of arrangement in which at least two separate firms are subsidiaries of the same bigger parent company is referred to as an affiliation.
The term "foreign affiliate" refers to a company that is either a resident of the country compiling or a company that is not a resident of the country composing but has authority over a company controlled by a resident of the country compiling.
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An auditor tests an entity's policy of obtaining credit approval before shipping goods to customers in support of management's financial statement assertion of?
An auditor tests an entity's policy of obtaining credit approval before shipping goods to customers in support of management's financial statement assertion of Valuation.
In order for the client to be able to repay the firm's credit, the company must verify that the consumer has a suitable valuation. The auditor examines this.
What Is Valuation?
The analytical process of estimating the worth of a company or an asset is known as valuation. There are several methods for performing an evaluation. In addition to other factors, an analyst putting a value on a firm considers the management of the company, the make-up of its capital structure, the likelihood of future profits, and the market worth of its assets.
Although there are other techniques that may be used, such as the capital asset pricing model (CAPM) or the dividend discount model, fundamental analysis is frequently used in valuation (DDM).
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To minimize business risk and take advantage of opportunities, ceos demand information that is ______.
To minimize business risk and take advantage of opportunities, CEOs demand information that is timely, relevant, and reliable.
Business risk is the exposure an organization or enterprise has to issue(s) on the way to lower its earnings or lead it to fail. anything that threatens a business enterprise's capacity to achieve its economic dreams is taken into consideration as a business risk.
The term business risk refers back to the opportunity of a business commercial enterprise making insufficient earnings due to uncertainties - as an example: adjustments in tastes, converting options of customers, moves, improved competition, adjustments in government coverage, obsolescence, and so on.
Risk management is the procedure of identifying, assessing, and controlling threats to an agency's capital and profits. these dangers stem from a ramification of sources together with financial uncertainties, criminal liabilities, technology problems, strategic control mistakes, injuries, and herbal failures.
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Why is this case an example of trademark violation? payless made sneakers with a pattern that is similar to the adidas logo. payless hired a designer from adidas to create sneakers for them. payless used the adidas logo in its tv commercials and print ads. payless made running shoes based on the style and design of an adidas sneaker.
This case is an example of trademark violation because Payless made sneakers with a pattern that is similar to the Adidas logo.
Unauthorized use of a trademark or service mark on or in connection with goods and/or services in a way that is likely to lead to misunderstanding, deception, or mistake about the source of the goods and/or services is known as trademark infringement. a court order that forbids the use of the allegedly offensive mark. If the mark has already been registered, an injunction through the cancellation of the registration. An injunction or a letter requesting the violator to cease using the trademarked material is the most typical punishment for trademark infringement. An intentional violation of trademark law may also result in criminal or civil penalties, though this is uncommon.
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Answer:
A
Explanation:
Edge2020
A plan designed to increase the number of minority employees within an organization is known as?
A plan designed to increase the number of minority employees within an organization is known as an affirmative action program.
The affirmative action program was first brought forward in the year 1961. An affirmative action program is a group of policies to certify that there are equal opportunities in any organization for all individuals without any biases of gender, faith, color, and nationality. This program was designed with the goal to end discrimination in employment and education and provides an opportunity to promote diversity and provide minorities protection from hatred.
However, this program has some drawbacks. One has to consider the high cost of this program. It can also lead to reverse discrimination as it can result in less qualified individuals being chosen over more qualified candidates.
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if a consumer and broker who are working together don’t have a written brokerage agreement, what’s their default relationship?
If a consumer and broker who are working together don’t have a written brokerage agreement, transaction their default relationship. A broker is a person or company who works as a go-between for an investor and a securities exchange.
Individual traders and investors require the services of exchange members since securities exchanges only accept orders from persons or firms who are members of that exchange. Brokers provide that service and are reimbursed in a variety of methods, including commissions, fees, and payment from the exchange relationship itself. A broker is a person or company who works as a go-between for an investor and a securities exchange.
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once a legal loophole has been used to the advantage of business and the disadvantage of a customer, the number of options for self-regulation declines. group of answer choices true false
The number of choices for self-regulation decreases if a legal loophole has been exploited to the benefit of the company and the detriment of a client.
A loophole is a legal technicality that enables a person or company to escape the application of a rule or limitation without really breaking the rule.
Loopholes, which are frequently mentioned in talks of taxes and tax avoidance, give people and businesses a method to shift income or assets from taxable to tax-free or tax-efficient situations.
The prevalence of loopholes is highest in complicated economic transactions involving tax, political, and legal statutory concerns. Contract specifics, building codes, and tax codes are just a few places where you can find them.
The number of possibilities for self-regulation decreases if a legal loophole has been exploited to a company's benefit and a customer's detriment.
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inversion specialists, inc., is relatively new in the industry and has calculated its inventory turnover at 5. what action would result in decreased inventory turns for inversion specialists, inc.? part 2
Increasing the average aggregate inventory value will result in inventory turnover for Inversion Specialists Inc.
Inventory turnover is a financial ratio that shows how many times a company's inventory is sold and replaced during a given period. The days in the period can then be divided by the inventory turnover formula to determine how long it takes to sell the inventory on hand.
Calculating the inventory turnover ratio can assist businesses in making better pricing, manufacturing, marketing, and purchasing new inventory decisions.
Low inventory turnover ratios indicate poor sales and possibly excess inventory, also known as overstocking. It could indicate a problem with the goods for sale or be the result of insufficient marketing.
In contrast, a high inventory turnover ratio indicates either strong sales or insufficient inventory. The former is preferable, whereas the latter may result in lost business.
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One of the advantages of personal selling is that it is the most __________ method used to communicate with customers. multiple choice flexible generic defensive credible reasonable
Personal selling has the benefit of being the most adaptable way of client communication. various options versatile generic trustworthy reasonable
Personal selling is the process of a salesman meeting with a potential client in order to complete a contract. Many salespeople employ a sequential sales process that typically consists of nine parts. For all or certain steps of the sales process, some salespeople write scripts.A Personal Selling Case Study
A common marketing strategy is personal selling, particularly for goods with exorbitant prices or complex features. Excellent examples are cars, office equipment like photocopiers, and a variety of goods that businesses sell to other industrial customers..To Learn more about Personal Selling, Click the links.
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sustainable companies such as dirtt measure success by the triple bottom line, which includes , people, and profit.
sustainable companies such as dirt measure success by the triple bottom line, which includes, people, profit, & planet.
What is the triple bottom line?An accounting system with three components—social, environmental (or ecological), and financial—is known as the triple bottom line (also known as TBL or 3BL. The TBL framework has been implemented by several firms to analyze their performance from a wider angle and boost commercial value. According to business writer John Elkington, the phrase was first used in 1994. The "profit" or "loss," which is typically shown at the very bottom of a statement of revenues and expenses, is referred to as the "bottom line" in traditional company accounting and popular usage. Full cost accounting has been introduced by environmentalists and social justice activists during the past 50 years in an effort to broaden the notion of the bottom line in the public's mind.
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kiki decides to spend three hours working overtime rather than going to the park with her friends. she earns $20 per hour for overtime work. her opportunity cost of working is
The opportunity cost of working is the enjoyment that she would have received if she had gone to the park.
The opportunity cost of a specific activity is the price or benefit lost by attempting to engage in that action rather than another one. Simply put, if you select one activity (for example, an investment), you forego the opportunity to engage in another activity. The optimized activity is the one that, net of opportunity costs, offers the greatest return when compared to all other activities.
For example, if you purchase a vehicle and use it solely for personal transportation, you cannot lease it out, however if you rent it out, you cannot use it for personal transportation. If the cost of transportation without a car is greater than the cost of renting one, the optimum choice would be to use it for your personal transportation.
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