Which statement about opportunity cost is true?A. It is the least desirable alternative given up as the result of a decision.

B. When making a decision, every trade-off is an opportunity cost.

C. Every decision has at least two opportunity costs.

D. Every ordinary decision we make involves an opportunity cost.

Answers

Answer 1

Answer: An opportunity cost is defined as what someone gives up to receive the potential benefits from the purchase of one more unit of something else. Given the choices above, every ordinary decision we make involves an opportunity cost, is correct. Whenever someone has to make a decision, something is always given up in order to make the final decision.

Answer 2

Answer:

D ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, GRADPOINT

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In addition to providing home mortgages, large commercial banks have specialized in providing short-term funds to mortgage banking companies in order to enable them to originate mortgage loans and hold the loans until the mortgage banking company can sell them in the secondary market. This type of financing is commonly referred to as:a. loan underwriting. b. warehousing. c. mortgage pipeline. d. loan servicing.
Which phrase describes the income effect?A. the effect of demand and supply on income earned by producers B. the impact of price on consumers’ purchasing ability and decisions C. the increased income earned by suppliers because of high prices D. the impact of consumers’ income on the supply of a product
Which of the following statements about minimum payments is INCORRECT?A. Minimum payments are typically only 2-4% of your total debt B If you send in the minimum payment, you will be charged a late fee. C You will still pay interest on your balance if you submit the minimum payment. D Paying the minimum means you are only paying off a portion of your total debt.

The matching concept states that expenses incurred to produce particular revenues should be matched with those revenues.True
False

Answers

False. The revenues usually contemplate the profit added to the expenses or costs, therefore, they can't match.

On April 1, Robert LLC purchased two units of inventory, A and B. The cost of unit A was $655, and the cost of unit B was $575. On April 30, Robert LLC had not sold the inventory. The net realizable value of unit A was now $675 while the net realizable value of unit B was $505. The adjustment associated with the lower of cost and net realizable value on April 30 will be:Cost of Goods Sold 70 Inventory 70Inventory 70 Cost of Goods Sold 70Cost of Goods Sold 85 Inventory 85Inventory 85
Cost of Goods Sold 85

Answers

Answer:

Cost of Goods Sold 70 Inventory 70

Explanation:

For recording the inventory in the book of accounts, we consider the cost or net realizable value whichever is lower

According to the question, the inventory unit for A would be recorded at $655, and the inventory unit for B would be recorded at $505 as these reflect the lower cost.

The journal entry is shown below:

Cost of goods sold A/c $70 ($575- $505)

To Inventory A/c $70

(Being adjusted entry recorded)

Ruby wants to change the size of the margins in her document. Which of the following is a command she might use to do so in her word processing software?A. Paragraph
B. Size
C. Page Setup
D. Inches

Answers

The answer is C. Page Setup

correct answer is page setup

1. Why do most companies sell shares of stock? a. All companies are required to sell shares of stock
B. To let more people vote on company decisions
c. To generate income for the company
d. To gain a greater reputation"

Answers

Companies sell shares in order to generate income. The correct answer is C.

Final answer:

Companies primarily sell shares of stock to generate income, which they can use to grow their business, fund new projects, or reduce debt. Not all companies are required to sell shares, and while selling shares can dilute ownership and increase voting rights, that's not the primary motivation for most companies.

Explanation:

Most companies sell shares of stock primarily to generate income for the company. The money raised can then be used to grow the business, fund new projects, or reduce debt. However, it's not true that all companies are required to sell shares. While issuing shares does dilute the ownership and can lead to more people having voting rights on company decisions, this is not the main reason companies choose to go public. Gaining a greater reputation can be a side benefit of selling shares, as it may boost the company's visibility and credibility in the market.

Learn more about Selling Shares here:

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The strongest argument for an independent Federal Reserve rests on the view that subjecting the Fed to more political pressures would imparta. an inflationary bias to monetary policy.b. a disinflationary bias to monetary policy.c. a deflationary bias to monetary policy.d. a countercyclical bias to monetary policy.

Answers

Answer:

A) an inflationary bias to monetary policy.

Explanation:

Inflationary bias refers to a situation where monetary policy results in a higher inflation rate.

If the executive branch of the government was responsible for setting monetary policy, then they could be tempted to act according to electoral pressures like lowering unemployment rates or increasing the nominal growth of the GDP. The problem with this happening is that nothing is for free and if the monetary base is artificially increased for short term benefits, in the long run the whole economy will suffer due to higher inflation rates.

If a disabled worker is eligible for a Social Security disability benefits, his or her spouse and children may each also be eligible for a benefit in the amount of ____% of the disabled worker's benefit.

Answers

Answer:

The correct answer is 50%.

Explanation:

Social security benefits are aid provided by the government to the old, retirees and disabled people and their spouses and children.

Social Security disability benefits are provided to those who can't work because of some disability or medical condition that will last for a minimum of 1 year.

Spouse and children of disabled people get a 50% benefit.

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