Answer: $80
Explanation:
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
The opportunity cost of writing a term paper is $80 that she values by going out with a friend and it is the higher cost alternative.
Answer:
(a) p = $ per lb
p = $2.12 per lb
(b) q = lb (c)
q = $23320
Explanation:
p=750000/q^1.5=>
p'=-1125000q^(-2.5)<0 always
=>p is decreasing with the
increasing of q. So q should take
the allowable least value=5000.
=>
(a) the charge= 750000/(5000)^1.5= $2.12/lb
(b)The max. revenue=
q = lb (c) = 2.12(5000)= $23320
Answer:
The likely outcoe could be,
Likely be:
- Glinda will win, because the statute of limitations starts to run on the date, she filed a suit, i.e. Feb.22, 2014.
- Glinda will win, because the statute of limitations starts to run from the time that the she discovered the breach, i.e. Jan. 17, 2014.
Likely not be:
- Glinda will lose, because the statute of limitations ran on Jan. 13, 2013, i.e. two years after the date the contract was entered on Jan. 14, 2011.
-Glinda will lose, because the statute of limitations requires a demonstration of attempt to cure.
Answer:
$52,860
Explanation:
The computation of the ending inventory using the lower of cost or market method is shown below:
Product Cost Net realizable value Lower of cost or NRV
RSK-89013 600 × $38 = $22,800 600 × $47 = $28,800 $22,800
LKW-91247 420 × $47 = $19,740 420 × $40 = $16,800 $16,800
QEC-57429 510 × $26 = $13,260 510 × $32 = $16,320 $13,260
Carrying value of the ending inventory is $52,860
Answer:
The civil court filing must be dismissed because of the constitutional right against double jeopardy.
Explanation:
Double jeopardy is the legal concept that protects a person from being tried again for the same or similar charge following his aquittal or conviction.
Fred Arden has been tried in criminal court and found innocent. Shawn is trying to sue him again for the same act in civil court.
This is against the rule of double jeopardy.
