Refer to the table. When moving from possibility B to C, the opportunity cost of one more pound of fruit is pound(s) of fish. Group of answer choices 9 14 4 2 1/2 Possibility ABCDE A с Fish (pounds) 20 18 14 8 0 Fruit (pounds) 0 2 4 6 8
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- Opportunity costa. represents the best alternative sacrificed for achosen alternative.b. has no relationship to the various alternativesthat must be given up when a choice is madein the context of scarcity.c. represents the worst alternative sacrificed fora chosen alternative.d. represents all alternatives not chosen.Suppose Bella has $1000 to spend on watches and/or bracelets. Watches cost $30 each and bracelets cost $10 each. What is the opportunity cost of buying 1 bracelet? Group of answer choices A)30 watches B)1/3 of a watch C)1 watch D)3 watches7 uppose the Queensland Government is considering a project where COVID vaccinations can be provided to the general public within a popular shopping centre. The project is expected to last 5 years, with an initial investment cost of $7,500. The ongoing cost of the project is $1,400 in rent and 7 casual workers who administer vaccinations for 60 hours each, per year at a minimum wage of $15/per hour. The opportunity cost of labour in the area is 40% of the minimum wage. The Government is considering charging $6.50 per vaccination and is expected to administer 1,400 vaccinations per year from this program. It has also been determined that the program will provide an external community benefit of $550 per year. If the appropriate discount rate is 6.5%, determine the following: a The NPV of market b The NPV of Social CBA c The IRR of MArket
- You’ve been put in charge of a bake sale for a localcharity, at which you are planning to sell cookiesand cupcakes. What would a production possibilities graph of this situation show?to treat a sore back Kyoko undertakes a course of physical therapy.Kyoko's marginal benefit from her first physical therapy session is $250 from her second its $225 , from her third its $175 anf from her its $100. physical threapy sessins cost $175 each. assuming kyoko's final physical threapy session will earn her zero consumer surpus, kyoko will have _ physical threapy sessions and her total consumer surpus will be_ A .four, $0 B. three, $100 c. four, $125 d. three, $125Beverly spends $100 on a teeth whitening kit. After one application, her gums are inflamed and it feels like her mouth is on fire. Beverly is trying to decide whether to apply the treatment again, or throw the kit away. The opportunity cost of a second application is: Question 47 options: a $100.00 b the pain and suffering involved with the second application. c $100 + the pain and suffering involved with the second application. d $100 + the pain and suffering involved with the first and second application.
- Pls help with below homework. What is the main difference between the adaptive and the visionary approach ? Pls give atleast two examples.Timothy quits his job, which pays $77000 a year, to enroll in a 3-year graduate program. His annual school expenses are $62700 for tuition, $9400 for books, and $1800 for food. What is his opportunity cost of attending the graduate program? What core principles are considered in Timothy's decision making?i) Scarcityii) Cost-Benefit analysisiii)Incentive Principle iv)Diminishing RetuurnsCase Title:Sustainable consumption and production: Trends, challenges and options for the Asia-Pacific region Case link:https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1477-8947.2010.01275.x Answer the ff questions attached:
- If Sasha works for 7 hours she can rent out 6 apartments, and if she works for 8 hours she can rent out 9 apartments. The average benefit from 7 hours of work equals Multiple Choice 1.14 apartments. 0.86 of an apartment. 1.13 apartments. 1.17 apartments.Stan Moneymaker needs 15 gallons of gasoline to top off his automobile’s gas tank. If he drives an extra eight miles (round trip) to a gas station on the outskirts of town, Stan can save $0.10 per gallon on the price of gasoline. Suppose gasoline costs $3.90 per gallon and Stan’s car gets 25 mpg for in-town driving. Should Stan make the trip to get less expensive gasoline? Each mile that Stan drives creates one pound of carbon dioxide. Each pound of CO2 has a cost impact of $0.02 on the environment. What other factors (cost and otherwise) should Stan consider in his decision making?Two important industries on the island of Bermuda are fishing and tourism.According to data from the Food and Agriculture Organization of the United Nationsand the Bermuda Department of Statistics, in 2009 the 306 registered fishermen inBermuda caught 387 metric tons of marine fish. And the 2,719 people employed byhotels produced 554,400 hotel stays (measured by the number of visitor arrivals).Suppose that this production point is efficient in production. Assume also that theopportunity cost of 1 additional metric ton of fish is 2,000 hotel stays and that thisopportunity cost is constant (the opportunity cost does not change).a. If all 306 registered fishermen were to be employed by hotels (in addition to the2,719 people already working in hotels), how many hotel stays could Bermudaproduce?