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lilavasa
27 days ago
14

Russell spends an hour studying instead of playing basketball. Russell’s willingness to study is due to the fact that he... Your

answer:
a. must enjoy studying more than he enjoys playing basketball.
b. believes the marginal cost of studying an extra hour is immensely challenging.
c. feels the marginal benefit of an extra hour of studying exceeds the marginal cost of not playing basketball.
d. considers his opportunity cost to be zero.
Business
2 answers:
harina [3.5K]27 days ago
8 0

Answer:

The answer is option "C": considers that the extra hour spent on studying offers more benefits than the drawbacks of not engaging in basketball.

Explanation:

In making choices, evaluating costs and benefits is vital to determine the best option that provides the highest payoff. When the marginal advantage of a choice surpasses its marginal expense, it becomes sensible to pursue that choice. If the marginal expense is higher than the marginal advantage, it is advisable to forgo that choice.

Thus, Russell likely weighed the additional benefit of studying for an hour as exceeding the associated cost of skipping basketball. That is why he opted to dedicate an hour to his studies over playing basketball.

Katen [3.2K]27 days ago
4 0

Answer:

c. believes that the incremental benefit derived from an additional hour of studying surpasses the marginal expense of neglecting basketball.

Explanation:

Russel opted to devote an hour to studying rather than engaging in basketball. In decision-making, individuals assess the advantages of an action against its associated opportunity cost.

Opportunity cost refers to the value of the alternative not chosen when a decision is made.

In this scenario, Russell decided on studying, and the opportunity cost was foregoing the enjoyment of playing basketball.

His choice to study signifies that he perceived the value of learning to outweigh the cost associated with not participating in basketball, thus selecting the most advantageous option for himself.

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Answer: $1.89

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Basic\:EPS=\frac{net\:income\:for\:common\:shareholders}{no.\:of\:shares}

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net income for common shareholders = net income - preferred dividend

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By substituting the values into the formula, we get:

Basic\:EPS=\frac{\$17}{9shares}

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If employees of Washburn guitars want to travel to Asia to meet with guitar craftspeople, what is the best choice of who to send
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The answer is "A diverse group encompassing various ages, colors, sexual orientations, financial means, professions, and age distinctions".

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Anne Dietz at Changi​ #3 (Singapore). Anne Dietz lives in​ Singapore, but is making her first business trip to​ Sydney, Australi
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Answer:

a. The exchange rate from Singapore dollars to Australian dollars is (SGD = 1.00 AUD) 1.0278.

b. Anne will receive 1,070.25 Australian dollars.

Explanation:

a. What is the exchange rate from Singapore dollar to Australian dollar?

Given:

Spot rate (SGD = 1.00 USD) 1.3443

Spot rate (USD = 1.00 AUD) 0.7646

This leads to:

1.3443 SGD = 1.00 USD..................... (1)

0.7646 USD = 1.00 AUD................... (2)

From equation (2), dividing by 0.7646 yields:

0.7646 / 0.7646 USD = 1.00 / 0.7646 AUD

1.00 USD = 1.3079 AUD

Inserting this back into equation (1) gives:

1.3443 SGD = 1.00 USD = 1.3079 AUD

Removing 1.00 USD results in:

1.3443 SGD = 1.3079 AUD

By dividing by 1.3079, we calculate:

1.3443 / 1.3079 SGD =  1.3079 / 1.3079 AUD

Thus, we find that 1.0278 SGD equals 1.00 AUD.

Thus, the exchange rate from Singapore dollar to Australian dollar is (SGD = 1.00 AUD) 1.0278.

b. How many Australian dollars will Anne obtain in exchange for her Singapore dollars?

This can be computed as follows:

Anne's Australian dollars = Amount in Singapore dollars / Singapore dollar to Australian dollar exchange rate = 1,100 / 1.0278 = 1,070.24712979179 Australian dollars

<p.Rounding to two decimal points, we conclude:

So, the amount Anne will obtain is 1,070.25 Australian dollars.

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