You purchase a $30, nonrefundable ticket to a play at a local theater. Ten minutes into the show you realize that it is not a very good show and place only a $10 value on seeing the remainder of the show. Alternatively you could leave the theater and go home and watch TV or read a book. You place an $12 value on watching TV and a $8 value on reading a book. A. You should go home and watch TV. B. You should go home and read a book. C. You should stay and watch the remainder of the show. D. You should go home and either watch TV or read a book.

A.You should go home and watch TV.

Explanation:

You should go home and watch TV because it is the activity that represents the highest value of the three.

It means that it is also the activity that has the lowest opportunity cost among the three, because any other alternative is less valuable to you.

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lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o