In an eight-hour day, andy can produce either 24 loaves of bread or 8 pounds of butter. in an eight-hour day, john can produce either 8 loaves of bread or 8 pounds of butter. the opportunity cost of producing 1 pound of butter is:
a. 1/3 hour for andy and 1 hour for john.
b. 1 hour for andy and 1 hour for john.
c. 3 loaves of bread for andy and 1 loaf of bread for john.
d. 1/3 loaves of bread for andy and 1 loaf of bread for john.
e. none of the above

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase

Use the drop-down menus to complete the statements about credit reports and scores. a credit report summarizes a person’s . a credit score is a measure of a person’s as a borrower. is a factor that contributes to a person’s credit score.