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kow [346]
2 years ago
5

1) Benjamin has saved $40.00 for concert tickets, but decides to buy a new pair of jeans instead. In this scenario, what do the

concert tickets MOST LIKELY represent?
Business
2 answers:
larisa86 [58]2 years ago
8 0
The concert tickets would most likely represent an opportunity cost<span>.</span>
lozanna [386]2 years ago
5 0
The concert tickets are represented as an opportunity cost. 
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an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per five- ay week
nataly862011 [7]

Answer:

d. 15 chairs/worker/day

Explanation:

Given that

Average of standard dining chairs = 450

Number of employees = 6

Number of days in a week = 5

So, The formula and the computation of the labor productivity of this operation is presented below:

Labor Productivity = Output ÷ Labor Input

where,

Output = 450 standard dining chairs

Labor output = 6 employees × 5 days in a week = 30

So, labor productivity is

= 450 ÷ 30

= 15 chairs per worker per day

6 0
2 years ago
Cruz Company uses LIFO for inventory costing and reports the following financial data. It also recomputed the inventory and cost
Nonamiya [84]

Answer:

Explanation:

Compute its current ratio, inventory turnover, and day's sales in inventory for 2015 using:

A. LIFO Numbers 2015

Current Ratio: current asset/current liability = 390/175 = 2.23

Inventory turnover = Cost of goods sold/ average inventory= 965/(400/12) = 965/33.33 = 29.0

Day's sales in inventory = Ending Inventory/Cost of goods sold* 365 = 330/910*365 = 132.36

B. FIFO numbers in 2015

Current Ratio: current asset/current liability = 390/175 = 2.23

Inventory turnover = Cost of goods sold/ average inventory= 965/(400/12) = 965/33.33= 29.0

Day's sales in inventory = Ending Inventory/Cost of goods sold* 365 = 400/965*365 = 151.3

8 0
2 years ago
When one department store authorized thousands of its sales clerks to handle functions normally reserved for store managers, suc
Dafna11 [192]
The correct answer that would best complete the given statement above is the word JOB ENRICHMENT. Here is the complete statement. <span>When one department store authorized thousands of its sales clerks to handle functions normally reserved for store managers, such as handling merchandise-return problems and approving customers' checks, they gave them more responsibility. This is a job enrichment technique. Hope this helps.</span>
3 0
2 years ago
Suppose the large number of bike accidents in a small town results in new legislation that requires all citizens of the town to
Dominik [7]
<span>While the new helmets decrease the probability of a serious head injury resulting from a bike accident, they also incentivize cyclists to ride less safely, which could increase the number of bike accidents and thus head injuries to cyclists
</span>

<span>Although the new helmets reduce the probability of head injuries, such an outcome changes the incentives of cyclists by making them less cautious</span>


5 0
2 years ago
Read 2 more answers
Steve is good at setting up and managing groups of computers for large cities. In which Information Technology career pathway is
olchik [2.2K]

Steve is good at setting up and managing groups of computers for large cities. In which Information Technology career pathway is he most likely to get a job? Steve would most likely get a job in the computer engineering career field if he is good at setting up and managing groups of computers for large cities. This type of job requires someone who is computer savvy, understands what could happen and how to fix it so a large company that runs in large cities are not without computer access for too long. A computer engineer designs and develops computer systems and other tech devices.

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2 years ago
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