Label each scenario by deciding whether the opportunity cost has increased or decreased. emily is deciding between her two favorite restaurants. one makes indian food and the other makes chinese food. the indian restaurant has just raised its prices. the opportunity cost of chinese food has jacob has a bagel or a muffin for breakfast. muffins are on sale, so they cost $1 less than usual. the opportunity cost of eating a bagel has taylor has to take time off work to study. since her wage has increased from $10 /hour to $15 /hour, the opportunity cost of studying has justin decides to take the bus to school instead of driving to school. the price of gasoline has just decreased. the opportunity cost of taking the bus has

Before contacting the news or print media about your business, what must you come up with first ? a. a media expertb. a big budgetc. a track recordd. a story angle

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?