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Brut [27]
2 years ago
9

Felix is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Fe

lix has only 20 hours this week that he can devote to training. Each hour he spends swimming is an hour that he can't spend biking or running. Which basic principle of individual choice do these statements best illustrate?
a. Juanita can use time most efficiently by spending the same amounts of time on swimming, biking, and running.
b. People face trade-offs
c. People usually exploit opportunities to make themselves better off.
d. Juanita has an incentive to spend more time on swimming than on biking or running.
Business
1 answer:
Andrew [12]2 years ago
4 0
The two choices that could represent this would be A, and B. I believe the correct answer to be B however.
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Jose needs a new mountain bike since his old one was run over by the garbage truck. He has seen the Trek bike company sponsoring
MakcuM [25]

Answer:

The correct answer is letter "A": branding.

Explanation:

Branding is the marketing approach by which a company creates an exclusive image, name, or design or more than one at the same time to provide consumers with a product that is different from its competitors. Typically, in the branding provides the product's core feature with an additional advantage to engage consumers in purchasing.

3 0
2 years ago
Which accounting principle states that a company should "report expenses in the same period as the revenue they help generate"?
Inga [223]

Answer:

Matching concept

Explanation:

Matching concept states that revenue and cost should be matched with each other in the period they relate.

6 0
2 years ago
Gomez runs a small pottery firm. He hires one helper at $13,000 per year, pays annual rent of $5,500 for his shop, and spends $2
alisha [4.7K]

Answer:

(a) $35,000

(b) $8,000

Explanation:

(a) Accounting profit:

= Total revenue - Explicit cost

= $75,000 - (wages + Annual rent + Material cost)

= $75,000 - ($13,000 + $5,500 + $21,500)

= $75,000 - $40,000

= $35,000

(b) Economic Profit:

= Total revenue - Explicit costs - Implicit costs

= $75,000 - (wages + Annual rent + Material cost) - (Income from investment + Earnings as a potter + Worth of entrepreneurial talents)

= $75,000 - ($13,000 + $5,500 + $21,500) - ($5,500 + $19,000 + $2,500)

= $75,000 - $40,000 - $27,000

= $8,000

8 0
2 years ago
The CFO of Mulroney Brothers has suggested that the company should issue $300 million worth of common stock and use the proceeds
Pani-rosa [81]

Answer: A. The company's net income will increase.

Explanation:

Based on the above scenario, the net income of the company will increase. From the new issue, it should be noted that there will be redemption of debt and therefore, there'll be reduction in the debt which will lead to lower interest expense.

It should be noted that the net income, which is also referred to as the net earnings, is simply the sales minus the cost of goods sold, interest, taxes and the general expenses. Since there's a lower interest expense, there'll be a rise in net income.

8 0
2 years ago
Instructions:Review the following graph. Then, answer the question below.
netineya [11]

the purple bar is the tallest which means it has the most growth potential:

answer is: B. There will be a growing demand for nurse practitioners in the coming years.

6 0
2 years ago
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