ACTIVITY 1.8 The cost of making choices
A factory employs 10 people and has 2 machines able to produce and pack
300 glass bottles each day. The same employees and machines could instead be
used in the same factory to make and pack 400 glass jars each day.
The same 10 employees used to work on a farm and were very skilled at growing and
harvesting corn until the farm was sold and the factory was built on the farmland.
Compared to the farm the factory is noisy and pollutes the air with smoke.
1 )What is the opportunity cost to the factory owners of using the 10
employees and 2 machines to make 300 bottles each day?
2 )What is the opportunity cost to the employees of working in the factory?
3) What is the opportunity cost to society of the factory?

Jamie lee is reviewing her finances one month later. she has provided the actual amounts paid below. use the cash budget table below to her identify the variances in her budget. each answer must have a value for the assignment to be complete. enter "0" for any unused categories. actual amounts income: monthly expenses: gross monthly salary $2,315 rent obligation $260 net monthly salary $1,740 utilities/electricity $130 savings allocation: utilities/water $10 regular savings $130 utilities/cable tv $155 rainy-day savings $20 food $160 entertainment: gas/maintenance $205 cake decorating class $90 credit card payment $25 movies with friends $50 car insurance $75 clothing $145 budgeted amounts assets: monthly expenses: checking account $1,850 rent obligation $225 emergency fund savings account $4,300 utilities/electricity $75 car $5,200 utilities/water $35 computer & ipad $1,100 utilities/cable tv $120 liabilities: food $115 student loan $6,600 gas/maintenance $95 credit card balance $1,000 credit card payment $45 income: car insurance $45 gross monthly salary $2,155 clothing $45 net monthly salary $1,580 entertainment: savings allocation: cake decorating class $90 regular savings $130 movies with friends $50 rainy day savings $20

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.

4. the condition requires that only one of the selected criteria be true for a record to be displayed.