Opportunity cost

Growing human population within the city increases pressure on the infrastructure and on natural resources, and this affects the environment. As cities expand, they cut deeper into surrounding rural areas, causing environmental problems, such as the loss of wetlands, loss of biological habitat, and air and water pollution. The high density of automobiles, factories, and commercial enterprises in urban areas adds to airborne emissions, including particulate matter, various types of oxides, and…

incurring the penalty charge, large payments can be done through our branch network. Simply present information on your payee’s bank, branch, and account number, and the funds will be electronically transferred from your account to the payee at a nominal cost. Another option, providing you have signed our fax and email indemnity form, can be to email or fax your instructions with the necessary details to your branch. We do appreciate that BOJ’s new fee will affect our customers but hope that by…

There are cons and pros to this new policy. There are at least two cons if this bill is passed. First of all, if the prison term is doubled, it will cost a lot of tax money. Second of all, according to statistic, people who commit crimes have one thing in common; they think they will not get caught committing crimes. Lastly, prisons are already overcrowded due to the number of inmates who have committed minor offenses, doubling the sentence will add to this problem. On the other hand, there…

expenditure there are categories. For example, Student services cover a broad range of categories such as recruitment, admissions, campus security, and resident counselors. The student service expenditure has their concerns and issues when it comes to cost and it effectiveness. The issues are what drives colleges and universities to evaluate the purpose of the expenditure and its importance to student success and completion of higher education. A Brief Literature…

what medicine they are administrating is correct or they make sure the patients are moved to avoid ulcers. Medical errors are costing Americans a lot of money, in 2008 the cost for all of the medical errors cost the United States $19.5 billion. About 87 percent or $17 billion were straight linked with supplementary medical cost, including: ancillary amenities, prescription drug amenities, and inpatient and outpatient care (“The Economics of Health Care”,…

Humanitarian intervention on moral grounds is easily justified but the use of military force is complicated as there are political and economic costs involved. In the post-cold war era, the discussion has been about whether it is a country’s prerogative to intervene in a sovereign nation’s affairs or it is a matter of moral obligation to protect the people from atrocities inflicted by their own countrymen. Use of military force can be very costly in terms of casualties both civilian and of…

nearly three hundred employees with an average of a decade on the job each is staggering, and all but impossible to effectively transfer within a short few months. Furthermore, the amount of bad press that Disney has received because of this action will cost them, both monetarily and in the form of lowered employee morale and customer goodwill, and will make it more difficult to attract and retain quality employees in other sectors of their company. In another example, Southern California Edison…

many factors that go into determining the prices of things such as, supply and demand, competition in the market, and how much people are willing to pay for things. Many people tend to think that price and cost are the same thing, but they are not. Price is not equal to the cost of a good. The cost of something changes from person to person based on his or her needs. An example used by Professor Williams was that, If a barber shop close to you chargers 20$ for a haircut, but a barber shop much…

decide to withdraw in the mist of it. Table 1 below shows the number of companies withdraws from the process after the passage of the Sarbanes-Oxley Act of 2002: The Cost of an IPO Though used to raise capital, companies incur considerable amount of cost directly related to an IPO. For instance, a company going public incur legal cost, accounting…

shown that from Fiscal Year 2012 to Fiscal Year 2016, Personnel Costs have increased steadily. Specifically, from Fiscal Year 2012 to Fiscal Year 2016, Personnel expenditures are expected to increase by $45,000, going from expenditures of $4.27 million to expenditures of about $4.23 million. Within Personnel costs, Salaries are expected to increase 2.85% or $68,000 from Fiscal Year 2012 to Fiscal Year 2016. Meanwhile, Non-Personnel costs are expected to increase at a far greater rate from Fiscal…