Business

19 July, 16:39

Which of the following would be categorized as an opportunity cost?

a. not being able to spend your $10,000 savings if you sink the money in your business

b. the cost of purchasing supplies for your house-cleaning business

c. the cost of purchasing auto insurance for your dry-cleaning delivery business

1. a only

2. a and c only

3. b and c only

4. all of the above

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Which of the following would be categorized as an opportunity cost? a. not being able to spend your $10,000 savings if you sink the money ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Obama Company has identified that Bill Clinton's receivable account of $100 is uncollectible. What is the journal entry needed to write off the account under the allowance method?

Early in your first term as President of the United States you faced an economy in the beginnings of a recession. Which of the following would represent an example of a fiscal policy you might suggest to deal with this situation? A.

Rally synthesis inc. manufactures and sells 100 bottles per day. fixed costs are $22,000 and the variable costs for manufacturing 100 bottles are $30,000. each bottle is sold for $1,200.

Bullets spin when shot from a rifle or handgun. What causes this spinning? primer action cartridge rifling

Collier Company has implemented a just-in-time system, which relies on suppliers to deliver goods for resale as needed.

New Questions in Business

Q 1.2: the question "how much of our annual budget should we spend to advertise our new product line?" would most likely be asked by a

If you wanted to find and display a collection of data from a table on a regular weekly basis, what method would you be most likely to use? A. A form B. A field C. A query D. A report

The equation represents Jordan's overtime pay structure. Based on this equation, what is Jordan's regular hourly pay?

A concurrent condition occurs when each party's performance is conditioned on the performance of the other.

Transactional leadership encompasses all but one of the following. Which one? A. Goal settingB. Social interactionC. Monitoring progress toward goal achievementD. Giving feedbackE. Administering discipline