User Account

All Pages

Implicit cost of buying the computer

Assignment Help Business Economics
Reference no: EM131396235

You are going to buy a new computer at a downtown store that is a 25-minute drive each way and has the computer for $860. You earn $16 per hour at your job and will have to take time off to go buy the computer. You can expect to spend 40 minutes in the store making your purchase. What is the implicit cost of buying the computer? Enter an answer such as 42.00 or 34.50, with two decimal places.

Reference no: EM131396235

Questions Cloud

Did you learn any new computer science skills : Did you learn any new computer science skills? Did you learn any new liberal studies skills? What computer science skills learned at College were most beneficial in your internship?
Criticize given definitions - a symphony is a musical piece : Criticize the following definitions in light of the eight rules for lexical definitions:- A symphony is a musical piece written for full orchestra.
Discuss the impact of gender roles and sexism on men : What is your understanding of the impact of gender roles and sexism on men and women's health struggles and outcomes across life
Constant opportunity cost and wants : George finds he can wash 10 cars and wax 5 cars in one 8-hour shift. In the same 8-hour shift he could wash 8 cars and wax 6 cars. If George has constant opportunity cost and wants to wash 4 cars he can expect to be able to wax ____ cars. Enter..
Implicit cost of buying the computer : You can expect to spend 40 minutes in the store making your purchase. What is the implicit cost of buying the computer? Enter an answer such as 42.00 or 34.50, with two decimal places.
Criticize given definitions - feminism is militant movement : Criticize the following definitions in light of the eight rules for lexical definitions:- Feminism is a militant movement originated by a group of deviant women for the purpose of undermining the natural distinction between the sexes.
What is the image of computer programmer in popular culture : What is the image of the computer programmer in popular culture? Is the image different in books than in TV shows and movies? Would you like a programmer image for yourself, and if so, which one?
Important variable in macro-economics : Explain why "supply of labor" is a critically important variable in macro-economics.
Concepts that help us distinguish social media : Explain the seven concepts that help us distinguish social media from face-to-face communication. Provide an example of how the social media you use reflects these seven concepts.

Reviews

Write a Review

Business Economics Questions & Answers

  Compute the coefficient of variations for salaries

The annual salaries of a employees who work for a company have a mean of $62,250 and a standard deviation of 9,820. The years of experience for the same employees have a mean of 18 years and a standard deviation of 2.5 years. Is the relative variatio..

  Which specific jobs should be assigned to each employee

When the competition is intense and the environment is changing rapidly, it is especially important to

  How effective are the legal processes in regulating corporat

Many professionals believe it is impossible to regulate ethics. Yet, the SEC and other federal agencies provide rules, regulations, and laws surrounding corporate

  What is the multiplier in this model

What is the multiplier in this model? The d is suppose to be a little below the Y.

  Biggest impact on the demand products

Illustrate what variables other than cost appear to have the biggest impact on the demand products

  What sort of relationship would you expect to see

What sort of relationship would you expect to see between the price of bonds and the interest rate?

  What single payment at the end of year is equivalent

what single payment at the end of year 5 is equivalent to an equal annual series of payments of $800 beginning at the end of year 3 and ending at the end of year 12? The interest rate is 8% compounded annually

  Process organizational socialization has strengthened

The process organizational socialization has strengthened workers also makes them more united.

  Supply-demand curves and explain why the curves shifted

On a hill overlooking the Susquehanna River, two big wind turbines crank out electricity for Kroger Co.'s Turkey Hill Dairy in rural Lancaster County, Pa., allowing it to save 25% on its power bill for the past two years. Show the effect on the publi..

  What are the problems with the bail process

What are the problems with the bail process? Is it always fair? Can it discriminate against some persons? Why or why not?

  What is the deadweight loss

Managerial economics samuelson and marks 7ed. Chapter 8 questions 8 P=35 - 5Q, where Q is the quantity of microchips in millions. The typical firms total cost of producing a chip is Ci=5qi where qi is the output of firm i. What is the deadweight loss..

  The amount of yen it is by the exchange rate

When countries buy from one another what currency do they use? If the US buys goods from Japan do they give them dollars that is equal to the amount of yen it is by the exchange rate, or do they exchange their dollars for yen and then trade? Why issu..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd