Opportunity cost is:

the value of the best alternative that you give up.

the most desired goods and services that are foregone in order to obtain something else.

what you sacrifice in order to do something.

All of the above are true.

Your business plan calls for utilizing a computerized lathe. The lathe costs $12,000. If you borrow the money to buy it, you will pay 6% interest per year on the borrowing. How much will the interest be in the first year?

What is the purpose of minimum wage laws a. to allow teenagers to find their first jobs b. to enable workers to support themselves and their families c. to make sure that citizens don't lose jobs to immigrants d.

Under its executive stock option plan, National Corporation granted 12 million options on January 1, 2021, that permit executives to purchase 12 million of the company's $1 par common shares within the next six years, but not before December 31,

For each of the following, compute the future value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e. g., 32.

After working for a large firm for several years, tyler started his own landscaping design business. however, he soon ran out of money and was forced to close the business because he couldn't pay the expenses of the firm along with his personal

What should be used to keep a tablet dry? Digitizer Plastic bag Protective cover Waterproofing seal

Housing prices have begun to drop. New home construction has stopped and fewer run-down houses are being repaired. (Use the graphs from the Supply and Demand Guide.)

Bustillo Inc. is working on its cash budget for March. The budgeted. 3 Bustillo Inc. ts working on ts cash budget for March. The budgeted beginning cash balance is $40,000.

Transfer payments are: a. a redistribution of funds from one individual to another individual in the economy. b. another term for government taxation. c. a means by which government raises funds. d. counted in gdp.

A corporation owns many acres of timber, which it acquired three years ago, and which has a $120,000 basis. The timber was cut last year for use in the corporation's business. The FMV of the timber on the first day of last year was $270,000.