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meriva
2 years ago
14

Reece has decided to start his own brewery. To purchase the necessary equipment, Reece withdrew $20,000 from his savings account

, which was earning 3% interest, and borrowed an additional $50,000 from the bank at an interest rate of 5%. What is Reece's annual opportunity cost of the financial capital that has been invested in the business?
Business
1 answer:
KengaRu [80]2 years ago
8 0

Answer:

The opportunity cost is the income earned from her balance on savings account at the interest rate of 3% per year that Reece would received if she had not opened her owned brewery business. This opportunity cost is $600 per year.

Explanation:

Please find the below for further explanation and calculations:

The opportunity cost per one year = Income earned on saving account per one year = 20,000 x 3% = $600;

The reason why it is an opportunity cost is because as a result of opening brewery business, Reece sacrifices the income earned on this saving, instead, she contributes the saving fund to her brewery business.

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Answer:

Alpha

Beta

Delta

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Zeta

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The customers list should be updated and sorted periodically to identify regular customers and those customers with big orders. There are many customers in the list and the list is not sorted according to alphabetical order. Those customers which account for more than or at least 5% of total trade are Alpha, Beta, Delta, Epsilon and Zeta. These are place first in list among other customers.

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Accordingly, it do not matter whether the partner is active or not active in the business.

Therefore, in the given instance also, even though Theo was not an active partner he shall also be held liable for any damage to any third person because of concerned business.

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2 years ago
The Thematic Apperception Test (TAT) is a projective test ________. a. that is designed to be culturally relevant to minority gr
n200080 [17]

Answer:

c. in which people are presented with ambiguous images

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