What is the opportunity cost of watching his favorite team

Assignment Help Business Management
Reference no: EM133612313

Problem: The table below shows how much utility Taran gets from watching his favorite teams, measured in "utils" (units of satisfaction). Team Utils Manchester United 145 Seattle Kraken 127 Seattle Mariners 148 Seattle Seahawks 142 Seattle Sounders 131 Seattle Storm 135 Suppose Taran can only watch one of his favorite teams play. Assuming the cost to watch each team is the same and he watches his favorite team, what is the opportunity cost of watching his favorite team?

Reference no: EM133612313

Questions Cloud

What costs can we eliminate in order to make more money : What costs can we eliminate in order to make more money on the product? What are customers willing to pay for the product?
How can influence the perception of social work profession : How can you influence the perception of the social work profession? Use examples to explain.
Which details in photo would you investigate to understand : Which details in this photo would you investigate to understand the ways in which the ethnic neighborhood is a unique cultural landscape?
Construct a compensation strategy for guyana teachers union : Creating a comprehensive compensation strategy for a Teachers' Union involves collaboration, data analysis, and an understanding of both the teachers' needs.
What is the opportunity cost of watching his favorite team : Assuming the cost to watch each team is the same and he watches his favorite team, what is the opportunity cost of watching his favorite team?
How much income would brenda be allocated : first month of the year. Brenda owns 40% of Cain for the last 50 days of the year. How much income would Brenda be allocated
Introducing ai to match employees to job career development : Schneider Electric has introduced an AI platform to match employees to job career development opportunities.
What is the authoritative guidance that should be followed : What is the authoritative guidance that should be followed to determine if the previously filed financial statements were materially misstated
How much of this actual dividend is taxable to jumper : How much of this actual dividend is taxable to Jumper in 2023? Compute Jumper's basis in its CFC stock at the beginning of 2024

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

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