subject
Business, 01.02.2021 20:40 mithydizon1553

Your friend remarks that longer movies are a better deal than shorter movies because the ticket price is the same in both cases. Therefore, the longer movie provides more benefit for the same cost as a shorter movie. Which of the following is the best argument against your friend's claim that longer movies provide more benefit than shorter movies? Based on the:

a. opportunity cost principle, the length of the movie does not matter as long as watching a movie is the best way to spend your time compared to other alternatives.
b. cost-benefit principle, the benefits of a longer movie exceed the costs when compared to a shorter movie.
c. marginal principle, you should only continue to watch an additional movie if it is shorter than the first movie.
d. interdependence principle, longer movies are affected by the market for shorter movies.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 15:10
Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a.wimpy’s production and productivity are greater than popeye’s. b.popeye’s production is greater than wimpy’s, but his productivity is less. c.wimpy’s production is greater than popeye’s, but his productivity is less. d.popeye’s production and productivity are greater than wimpy’s.
Answers: 3
question
Business, 22.06.2019 21:30
Sunset foods relies on a highly centralized functional structure to ensure consistency in the quality and taste of its products and to drive down costs via process innovations. however, as a consequence of its highly compartmentalized structure, the firm has found it difficult to transfer information and ideas from one department to the next. with the launch of its new line of breakfast foods coming up, how can sunset improve its ability to collaborate without sacrificing the benefits of its current structure
Answers: 1
question
Business, 23.06.2019 02:00
Present values. the 2-year discount factor is .92. what is the present value of $1 to be received in year 2? what is the present value of $2,000? (lo5-2)
Answers: 3
question
Business, 23.06.2019 05:30
When conducting a swot analysis, information about turnover, profit margins, and staff quality can be used to identify:
Answers: 1
You know the right answer?
Your friend remarks that longer movies are a better deal than shorter movies because the ticket pric...
Questions
question
Mathematics, 31.07.2020 14:01
question
Mathematics, 31.07.2020 14:01
question
Mathematics, 31.07.2020 14:01
question
Mathematics, 31.07.2020 14:01
Questions on the website: 13722367