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- S Assume you graduate from college with an accounting degree and take a job that pays $50,000 per year. You have an opportunity to enroll in a one-year full-time MBA program. Which of the following should NOT be included as the opportunity cost of attending the MBA program? the retirement benefits you will lose if you quit your job to pursue the MBA the cost of tuition and fees if you were to enroll in the MBA program O the $75,000 salary that you expect to earn after completing your MBA O the $50,000 salary that you could have earned if you kept your jobThe condition that arises because the availableresources are insufficient to satisfy wantsSelect one:O aa. ScarcityO b. DeflationO c. CredibilityO d. RationalityMr. and Mrs. Driggs have four children, all of whom are away at college. Below is a listing of expenses incurred by each child during a recent month. Еxpense CHILD Cathy David Rachel Caroline Food 150.76 344.56 266.76 222.92 Rent 475.00 300.00 395.00 225.00 Entertainment 44.67 25.00 321.56 66.56 Electricity 68.90 110.78 55.89 76.99 Auto 220.20 124.44 188.88 Insurance 87.76 55.55 144.09 47.75 Phone 45.45 88.09 25.00 37.98 Tuition 825.00 990.00 500.00 Books 332.23 433.89 779.54 210.00 Clothing 66.90 423.65 103.19 385.58 (a) Analyze the data and identify the most expensive child. (b) Analyze the data and identify the expense category of greatest cost. (c) Comment on the value of line item and object of expenditure analysis of data in a business context. How do modern information systems facilitate such analysis? (d) (optional) Pivot tables are useful tools for enhanced analysis of data. Experiment with the pivot table on the electronic worksheet template, and see if you can confirm you…
- answer quicklyMark is currently earning $44,000 a year. He has worked for this firm for 5 years. He is considering a job that will increase his lifetime earnings by $240,000 but that requires a Ph.D. in finance. The job will mean also attending a full-time finance program for four years at an annual cost of $28,500. Mark already completed an MBA, for which he spent $86,000 in tuition and books. Would he take the job and attend the Ph.D. program? Calculate: Insutructions: Use ono decimals. Use commas (30,000, not 30000). Opportunity costs of this decision = $ MC = $ MB = $ Sunk Costs = $Which of the following is NOT an example of currency : A) Shells B) Animals C) Metals D) Stones E) Hair Answer ASAP and justify. Will give a positive rating.
- mail publisher tests two for the same book." how to get rich in real state."at 15$ and 25$. He mails each to ad to 5000 rndomly selected names from a list of book buyers . 150 people order the book for 25 $, while 250 respond to the 15$ offer. The mail order publisher decides to advertise all future for 25$. Dis he make a mistake? ( hint: how much does it cost to produice and fulfill the orders for the book? What is the value of the book buyers list?)Neview View Help A^ A Aav A|三、、m、三E T 研、而、前。同田|处T AaBbCcC AaBbCcC AABBCCD AABBCCD AaBbCcC AaBb AABBC Find Replace 1 Normal 1 Body Text 1 List Para.. 1 No Spac... 1 Table Pa... 1 Heading 1 1 Heading 2 Select Paragraph Find and depict the following items within the diagram and briefly explain how you found Styles Editing them: Price Demand Marginal Cost Quantity a) The efficient (i.e., total surplus maximising) quantity. b) The monopolist's profit maximising quantity. c) The monopolist's profit maximising price. d) The monopolist's optimal profit. e) The deadweight loss. 127 17Question: Explain the concept of supply and demand and how they interact to determine prices and quantities in a market.Please Dont use AI tool.
- ONLY TYPED SOLUTIONTravel Time Each Way Price of a Dress Store (Minutes) (Dollars per dress) Local Department Store 15 100 Across Town 30 86 Neighboring City 60 63 Juanita makes $56 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $56 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location. Price of a Dress Total Cost Opportunity Cost of Time (Dollars) (Dollars per dress) (Dollars) Store 100 Local Department Store 86 Across Town 63 Neighboring City 10:57 PM 36 F Clear 2/27/2022Imagine that you and two friends looking ahead to the end of the COVID-19 restrictions, and are planning a camping trip to the west coast of Vancouver Island. You can all car and have your own tents and sleeping bags. Below is a list of costs that must be incurred to plan and take the trip. Which of these are transaction costs for the travel? (Select all that apply.) | The interest charges on the credit card bill Collecting money to pay the credit card bills | The total cost of food | Deciding whether to invite another friend to share the cost The price paid for gasoline for the car | Choosing who should drive on the way to the park