Groceries R Us Is Considering Two Different Options: Install Four

question 29

Short Answer

Groceries R Us is considering two different options: install four self-service registers which would increase profits by $1,800, or install 2 additional full-service registers which would increase profits by $400.What is the value and opportunity cost of the option of installing the full-service registers? $$\begin{array} { l l c } & \text { Value } & \text { Opportunity Cost } \\\text { A. } & \$ 1,800 & \$ 1,800 \\\text { B. } & \$ 400 & \$ 1,800 \\\text { C. } & \$ 1,800 & \$ 400 \\\text { D. } & \$ 400 & \$ 400\end{array}$$

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Definitions:

Phylum

A phylum is a major taxonomic category in the classification of living organisms, ranking above class and below kingdom, grouping together organisms with a shared body plan or significant similarities in structure or ancestry.

Taxonomic Category

A level or rank in the system of classifying organisms, such as species, genus, family, etc., used in biological classification to organize the diversity of life.

Family

A social unit of individuals related by blood, marriage, or adoption, living together or maintaining close emotional ties.

Transcription

The process of conversion of instructions from DNA into RNA.