Jessica own a 10 acre property rents to a local sheep rancher for $10,000/year. She wants to use this money to expand her business by building a mall for $4 million. Jessica’s total implicit costs of the expansion plan are: A: the cost of construction of mall and fixed costs of the mall. B: the foregone rent and the cost of the mall. C: the foregone $10,000 from the sheep rancher.

Answers

Answer 1

Answer:

C) The foregone $10,000 from the sheep rancher

Explanation:

Implicit costs are also known as the opportunity costs. Opportunity costs refers to the cost associated with the choice. Opportunity cost also refers to the benefit that is foregone by selecting or choosing some other alternative.

Here, in our case, there is loss of income (of $10,000 per year) from renting that property to a local sheep rancher by choosing to expand her business.

Hope this helps!

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Related Questions

I WILL MARK THE BRAINLIEST HELP ME PLEASE

Answers

Answer:

It's D im guessing

Explanation:

It Should be letter D

Which of the following would be a key performance indicator for a student pursuing a bachelor's degree in English?
Maintain a minimum average of 80 percent on all exams.
Get 100 percent on next week's quiz,
Use a peer group for help in a tough class.
Attend weekly Writers' Club meetings.

Answers

The correct answer is A. Maintain a minimum average of 80 percent on all exams.

Explanation:

Indicators of performance at school, college, or similar are ways of measuring how well or bad students perform at a specific class or career. This includes the use of grades because these show numerically the advances of students and their average performance.

According to this, an appropriate indicator for a student pursuing a bachelor's degree in English is "Maintain a minimum average of 80 percent on all exams" because an average of 80 percent on different exams shows the student has a good performance as this can be measured through grades. Also, others such as use a peer group or get 100 in only one quiz do not show the general performance.

Answer:

Maintain a minimum average of 80 percent on all exams.

Explanation:

2 features of private limited companies.

Answers

Answer: (1) Legal entity

(2) Perpetual existence

Explanation: A very simple definition of a private limited company would help with subsequent explanation of its features or characteristics.

A private limited company is a business organization with private ownership being held by a few parties known as the shareholders, and these ones have their liability limited to the amount of shares contributed to the business capital. The total membership of owners is limited and hence the name "private."

There are a quite a number of features of a private limited company and two of these are;

(1) Legal Entity

(2) Perpetual Existence

(1) Legal Entity:

Once an organization has been registered as a "limited liability company," it immediately takes it own identity. What this means is that the laws of the country now recognizes the company as an individual with its own name and identity and is clearly distinct from the shareholders (owners of the company). This means the private limited company can have a bank account opened in its own name, it can sue and be sued to court in its own name (and not in the name of the shareholders), and so on. Basically, legal  entity implies that a private limited company is now a person on his/her own and all matters that concern the business organization shall be seen as the company. Hence all assets and liabilities belong to the company and not the shareholders.

(2) Perpetual Existence:

Perpetual or continuous existence as the name implies means the company can continue to remain in existence into the foreseeable future and no time limit can affect it. Also the death or exit of one or more members (shareholders) cannot affect the existence of the company. So if for example, one members retires and exits the company and later dies as a result of old age, with or without replacement of the ex member, the company continues to exist uninterrupted (remember the company is now a person on its own under the law). This explains why many multinationals such as banks and oil and gas producing companies have been in existence for decades and some close to two hundred years in existence (and still counting).

Accounting businesses, babysitting businesses, and hairstyling businesses are all examples of what
businesses ?

Answers

Answer:

A single proprietorship business is the answer

Explanation:

A single proprietorship is an unincorporated business owned by an individual and often managed by that same person.

Answer:

1 proprietorship business.

PLEASE ANSWER ILL MARK THE FIRST ANSWER THE BRAINLIEST . Tyyy have a great day

Answers

Answer:

A. With the date in 3 days

Explanation:

It says chicken that was cooked 3 days ago, key word, 3. So it would be answer A.

Mark me BRAINLIEST? Thanks!

So the answer would be A .

In compliance with new policies, banks increased rate of interest on housing loans. Gregory’s real estate business started suffering losses because fewer people borrowed home loans. What risk did his business suffer from?
______ risk held back Gregory’s real estate business.

Answers

Answer:

Economic

Explanation:

This is one of the external risk that is a result in changes in the market conditions.

This is correct on Plato

Credit risk held back Gregory's real estate business.

What is rate of interest?

Interest rate is the percentage at which interest is paid on a loan or the percentage earned on an investment over a certain period of time. It is the cost of borrowing money or the rate at which one can earn money on an investment.

The interest rate is typically expressed as an annual percentage of the principal, and it can be either fixed or variable. When the interest rate is high, the cost of borrowing is high, and this can make it more difficult for individuals and businesses to obtain loans, which can have a negative impact on the economy. Low-interest rates, on the other hand, can make borrowing more affordable and stimulate economic growth.

Learn more about rate of interest, here:

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Goals, objectives, and strategies are all important parts of a?

A.SMART goal
B.career portfolio
C.professional development
D.career plan

Answers

Answer:

D. career plan.

Explanation:

A career plan can be defined as a plan or strategy that helps an individual to achieve essential career growth.

A career plan helps you to be able to know yourself better by helping you to identify the skills and values that you have that is essential for the career path you want to take. It also tells you about the skills or certification that you will require in other to be able to advance in your career.

A career plan is made up of goals ( Short and long term goals) , objectives and strategies that helps an individual to make well informed decisions and gives such individuals clarity as to where they see themselves in the future.

My last question . Marking the brainliest :)

Answers

Answer:

your answer would be BBbBB

Explanation:

Answer:

Choice B

Explanation:

The minimum temperature would be 145 degrees, but more than that would most likely be overcooked.

Please mark BRAINLIEST! Thanks!

PLEASE HELPPPPP The "legal value" in the definition of contract consideration applies to Select one: a. Forbearance. b. Promises. c. Money. d. Labor. e. All of the answers are correct.

Answers

e) All of the answers are correct

Legal VALUE in an agreement is Consideration..

It can be goods, service money or a promise of any of these

Both parties must give some form of consideration for a contract to be legal...

As the supply of Blu-Ray players has increased over the years and the price of Blu-Ray players has dropped, the _____.

Answers

Answer:

quantity demanded of Blu-Ray disc players has decreased.

Explanation:

The above is applicable to the law of supply which states that as other factors remain constant, the higher the price , the higher the quantity supply and vice versa. In other words, producer will be willing to supply more as prices of goods increases due to the sales revenue that will be available to them.

However, as in the above case, since there is an increase in supply, and a decrease in price, quantity demanded would also decrease because supply and demand are dependent on each other as a general rule.

Mia and Jack are two chocolate producers. Mia packs her chocolates in attractive boxes and charges slightly more than Jack does. Despite her slightly higher prices, consumers are more attracted to Mia’s chocolates. What market structure does this situation represent? A. oligopoly B. monopolistic competition C. monopoly D. perfect competition

Answers

The correct answer is B. Monopolistic competition

Explanation:

Monopolistic competition occurs when the producers of a product determine the price of it. Also, the products sold have differences, which means consumers do not consider one product can be substituted by another because the qualities, brand, appearance, etc. are different. This is the opposite of perfect competition, in which products are substitutes and price is determined by price and demand rather than producers.

Monopolistic competition occurs in the case presented because the chocolates sold by Jack are different from those sold by Mia, who uses attractive boxes. Also, due to this difference, Mia can set higher prices and still get more demand from consumers.

The correct answer is B. Monopolistic competition

Explanation:

Monopolistic competition occurs when the producers of a product determine the price of it. Also, the products sold have differences, which means consumers do not consider one product can be substituted by another because the qualities, brand, appearance, etc. are different. This is the opposite of perfect competition, in which products are substitutes and price is determined by price and demand rather than producers.

Monopolistic competition occurs in the case presented because the chocolates sold by Jack are different from those sold by Mia, who uses attractive boxes. Also, due to this difference, Mia can set higher prices and still get more demand from consumers.

Demonstrating opportunity cost is done through production

Oanalysis
Opossibility
Ocalculation.
Oresearch

Answers

Answer:

Possibility

Hope this helps :)

Explanation:

Isabel is creating a wireframe she has drawn a layout for the home page along with outlining the navigation elements she now wants to represent content and a banner for the home page what should she use?
Isabel should use (???) to show where the content and banner will go

Answers

Answer: Filler Content

Explanation:

I think what the question is getting at is using filler content. This includes filler images and sample text. Once the website is all set up, the filler content is replaced with the actual content.

Answer:

the correct answer is placeholder

Explanation:

right on plato :p

Which polygon has an interior angle sum of 1080°?

Answers

Answer: octagon

Hope this helped

Answer:

A. The polygon with 8 sides.

Explanation:

The formula for the interior angle sum is (n-2)*180.

8-2 = 6

6*180 = 1080

Which of the following is true of good salespeople?

They know how to oversell their product so the customer can't say no.

They have tenacity but know when to walk away and move on to the next sales prospect.

They make promises they may not be able to keep in order to secure a sale.

They don't leave voice mail messages.

Answers

Answer:

B (They have the tenacity but know when to walk away and move on thr next sales person)

Explanation:

Let's break these.

A: Anyone can say no. this really does not work as a good salesperson argument.

B) They know when to stop but are also tenacious. good qualities to have in a salesperson.

C) thats looking at legal trouble, please don't do that

D) thats a ridiculous statement

Answer:

They have tenacity but know when to walk away and move on to the next sales prospect

Explanation:

Which of the following is the most liquid?

Municipal bonds.

Savings accounts at a local bank.


Collectible antique cars.

Stock mutual funds.

Answers

Answer:

Option(2) i.e  " savings accounts at a local bank." is the correct answer to the given question .

Explanation:

Liquid asset are those asset that are rapidly translated into the cash money.The liquid asset is the connection cash in hand asset or perhaps the  asset that can quickly be turned into the cash money.

We will withdraw the money many number of times it means in the option(2) the money is turned into the cash money. this is an example of the liquid asset .All the other options are not turned into the cash money that's why it is not liquid asset .So these are incorrect option.

PLEASE HELP ME FOR BRAINLIEST ANSWER Which of the following remedies are not available to the non-breaching party upon material breach? Select one: a. sue for punitive damages b. recission c. accept the defective product d. discharge e. compensatory damages

Answers

c because that makes the most sense

Which tag tells the browser that the document is in html format?

Answers

Answer:

<HTML> tag

Explanation:

In two to four sentences, explain economies of scale.

Answers

Answer:

Economies of scale is the cost advantage that arises with increased output of a product. Economies of scale arise because of the inverse relationship between the quantity produced and per-unit fixed costs; i.e. the greater the quantity of a good produced, the lower the per-unit fixed cost because these costs are spread out over a larger number of goods. Economies of scale may also reduce variable costs per unit because of operational efficiencies and synergies.

Why might a sole proprietor take on a partner instead of hiring an employee?

Answers

Answer:

Please see answer below.

Explanation:

As in the above case, a sole proprietor might decided to take on a partner instead of hiring an employee if he or she is considering business expansion or aiming to add other business which is not his or her field hence requires a partner.

Employing people in the above situation might not be a good decision because adding a new line of business requires capital and expertise , all of which will be provided by the new partner because that is his field.

Also, should there be any losses, both the sole proprietor and the partner will share the losses unlike the employee who will not share in the loss should there be any.

TRUE OR FALSE FOR EACH BRAINLIEST ANSWER PLEASE 1. The Statute of Limitations discharges a debt by operation of law unless the debtor reinstates the debt. 2. In most situations, when a breach of contract occurs, the innocent injured party is held to a duty to mitigate the damages. 3. Anything less than complete performance is a material breach of contract. 4. Unless there is a material breach, parties can never mutually agree to discharge one another (rescind the contract).

Answers

Answer:

Hjsksk

Explanation:

Hjskkz zzhzk

ZzjjskslL

Zhzkls

Hzkz

Jzso

Suppose you manage a local grocery store, and you learn that a very popular national grocery chain (Whole Foods or Walmart) is about to open a store just a few miles away. Use the model of monopolistic competition to analyze the impact of this new store on the quantity of output your store should produce (Q) and the price your store should charge (P). What will happen to your profits? Please show graphically and explain your reasoning in detail. For example, how and why do profits change? How can that be seen on the graph?

Answers

Answer: The answer is given below

Explanation:

The entry of a new firm will lead to the reduction in the demand for the existing firm, thereby reducing the output and price. Also, in the long run when the new firm enters the market, this will lead to the supernormal profits to be driven down. The firms are price makers, faced with a demand curve that is downward sloping. Because each firm makes a product that is unique, it can either charge a lower or higher price than its rivals.

As the new firms enter the market, the demand for the product of the existing firm becomes more elastic, the demand curve will shift to the left, which drives down the price. All the super-normal profits will be gone. So, change in the elasticity effects profits .

For the market shares constant innovation to be defended, proper marketing is required. The monopolistic competition is based only on product differentiation . When new variety and innovative products are launched, this may attract consumers which will lead to increase in demand and drive up the profits.

First answer, I’ll mark the brainliest .

Answers

The answer to the question is b
The answer is b hope this helps

I WILL MARK BRAINLIEST!!!!! Please answer ASAP ty.

Answers

Answer:

A

Explanation:

True or False: Cell phone chargers are considered hazmat products and cannot be stowed with items like books
or towels

Answers

Answer:

I would say false

Explanation:

the charger is like an appliance . if it isn't in use it's harmless . I don't know for sure.

Answer:

The statement "Cell phone chargers are to be considered as the hazmat products and they cannot be stowed the items such as books or towels" is false.

Explanation:

Hazmat products are those products that are considered to be hazardous that could risk:

Health, Property, Or the Environment.

It could become hazardous at the time:

Storing, Handling, Or Transporting them.

As they consist of flammable, pressurized. It includes such substances as fuels, nuclear waste products, etc.

Also, it can be stowed with items such as books or towels.

Therefore we can conclude that the statement "Cell phone chargers are to be considered as the hazmat products and they cannot be stowed the items such as books or towels" is false.

Learn more about hazmat products here: brainly.com/question/24142576

Identify the intermediate goals that would be most helpful toward becoming a Chef. Check all that apply.

within two months, organize and start a school cooking club
within six months, join a school sports team
within one year, take a business class
within four years, graduate from high school
within six years, earn a master’s degree
within eight years, graduate from culinary school
within twelve years, become the head chef at a top restaurant

Answers

Answer:

1, 3, 4, 6, 7.

Explanation:

Answer:

1,3,4,6 and 7

Explanation:

just confirming its right. :)

what is a good and easy 1 credit class to take on FLVS?

Answers

Answer:

Web Design I & II

Explanation:

Worth a whole credit each, the web design courses on FLVS are fun and and interesting, but there's a lot of focus needed to make sure you're doing everything right. Since you'll be creating your very own website using Dreamweaver and Fireworks, you'll have to follow instructions laid out in the modules closely. If you're good at focusing and following extensive directions, then you should be fine with the course. Depending on how computer savvy and focused you are, completion time can range from a week to months.Either way, it's an easy course and can be a huge grade booster since as long as you follow directions, you can easily earn a 95% or higher in the class with barely any mindful effort.

Answer:

peer pressure

Explanation:

Brenda conducts brokerage activities and can receive compensation directly from buyers
or sellers. She must be a?
A)Broker
B)Licensee working under a broker
C)Property manager
D)Sales associate

Answers

Answer:

A) Broker

Explanation:

she is a Broker if she recieves compensation directly from either buyers or seller.

moreover, she conducts brokerage activities.

hope it helps .

what are three ways the role of the secretary has changed in recent years?​

Answers

Answer:

Following are some ways the role of secretary has changed:

1) From Man to Women

Back in time, secretaries were men, but when during different wars (especially world war 1 and 2) men used to fly away, this title slipped to the women.

2) Change of responsibilities

The role of a secretary was mainly to make appointments, keep records. bring coffee for the boss, but now a secretary has been rebranded as an assistant or office administrator which covers the expanding responsibilities of an office.

3) From Dictation or Decision Making

Secretaries used to get dictated by their bosses but now they have become an important part of the decision making processes.

I WILL ALWAYS MARK THE FIRST ANSWER THE BRAINLIEST

Answers

Answer:

D. Food Preparation Sink

Explanation:

You are correct! Must wash hands always at the PROPER place, when handling food.

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