Answer:
e) Market segment
Explanation:
A market segment is defined as the collection of people or individuals sharing some common characteristics.
These individual grouped together for the purpose of marketing.
Based on the various criteria each market segment is unique.
Marketers and the producers use market segments to target market for their service.
Consider the following statement: "In general, profit opportunities are rare. At any time, many people are searching for them, and as a consequence, few exist." Which type of market does this statement best describe?
A. efficient market
B. international market
C. closed market
D. open market
Answer:
A. efficient market
Explanation:
An efficient market is a market where all information related to the price available to everyone and price changes quickly according to the available information. for example the Stock exchange market, where everyone knows about the share price of listed companies and because of this same available information to everyone there is more fluctuations in price and quantity of products and leads to limited profit opportunities.
Page 378 10.2. What efforts were made in this period to strengthen the economic integration of the nation, and what major crises hindered these efforts? Identify the contributions or opinions of the following individuals in the 1820s?
Answer:
Governmental developments such as the United States Bank, which acted as the "main financial agent of the country", and innovations that helped to develop the economy (railways, canals, bridges, etc.) improved the nation's economic integration together.
Though those advances improved, they often came with negative effects. Many resented the 2nd National Bank (since they "always deposited much more cash in their safes than the space", which caused the value of paper money to remain inconsistent), the 1819 Crisis (where many reported depression and the unemployment) occurred, and issues such as the Missouri Controversy all hampered the actions.
Final answer:
During the Era of Good Feelings, U.S. leaders like Calhoun, Clay, and Webster aimed to strengthen the nation's economic integration through initiatives that enhanced agriculture, commerce, and manufacturing, while fostering a bigger federal role in economy. However, debates over financial policies and sectional tensions, particularly regarding slavery, challenged these efforts. Alexander Hamilton's vision featured prominently in these economic strategies, but the unresolved divisions would later precipitate the Civil War.
Explanation:
During the Era of Good Feelings, which marked James Monroe's presidency, efforts to strengthen the economic integration of the United States were significant. National-minded leaders like John C. Calhoun, Henry Clay, and Daniel Webster focused on improving facets of America's economy—agriculture, commerce, and manufacturing. The War of 1812 highlighted deficiencies in financial systems and transport, prompting moves towards a stronger federal government role in the economy as evidenced by the establishment of a national bank, and plans for internal improvements to aid in transportation. However, these efforts faced major obstacles including debates over tariffs, banking, internal improvements, extension of slavery, and Indian removal. Specific crises, such as the economic downturn around 1820 and the contentious issue of slavery, exacerbated sectional tensions, eroding the period's initial unity.
Alexander Hamilton's earlier contributions laid out in reports advocated for managing public credit, establishing a national bank, and supporting manufacturing, which became blueprints for the nation's future economic growth, emphasizing a strong central government. Yet, these visions were met with resistance from those favoring state's rights over centralized power. Despite these conflicts, much of this period involved trying to balance different regional interests to avoid national disunion.
Ultimately, although divisions over financial policies, infrastructure development, and territorial expansion were at times contained, they were precursors to the more profound divisions that resulted in the Civil War in the 1860s.
Emergency managers create and sustain broad and sincere relationships among individuals and organizations to encourage trust, advocate a team atmosphere, build consensus, and facilitate communication. This statement describes which emergency management principle?
A. Integrated
B. Collaborative
C. Coordinated
D. Flexible
Answer:
The given statement describes the collaborative emergency management principle.
Explanation:
Being able to manage the elements within and outside the organization requires the manager to possess a set of skills that allows him to successfully form collaborations with and among the elements of the business. Emergency management is subject to fewer complications when easy collaborations are possible among the players associated with the business. This helps to withstand the emergency until it passes.________ firms are those that basically provide their owners a level of income similar to what they would be able to earn in a conventional job.
Answer: salary substitute firms
Explanation:
A salary substitute firm is a kind of small business that yield a level of income for their owner that is similar to what they would earn when working for an employer. Examples of salary substitute include small businesses such as hairdressing, restaurants, dry cleaning services etc. Majority of small businesses fit into this category.
The cyclical surplus is $450 billion, potential output is $10 trillion and tax rate is 15 percent. With this information, we can infer that the actual output of this economy is:________.
Answer:
$13 trillion.
Explanation:
The actual output of economy can be calculated using the following mentioned formula:
Cyclical deficit=tax rate in question(potential output - actual output)
-$450 billion=0.15($10 trillion-actual output)
-$450 billion=$1.5 trillion-0.15*actual output
0.15*actual output=$1.5 trillion+$450 billion
0.15*actual output=$1.95 trillion
Actual output=$13 trillion.
If the distribution of income, the net income is less than the salary and interest allowances granted, the remaining balance will be a negative amount that must be divided among the partners as though it were a loss.True/false
Answer:
True
Explanation:
Any loss or profit of the business is distributed equally among the partners in the ratio of their investments.
Any profit is shared equally among the partners in the profit sharing ratio. Similarly any loss is shared equally in the profit sharing ratio.
The salary is debited to the Partner's capital account and loss is credited from Partners Capital account. the adjusting entry would be
Salary Dr
Partners Capital Account Cr
For loss
Partner's Capital Account Dr
Profit and Loss Cr
Leticia is twentyminustwo years old and she has all of her savings in a Certificate of Deposit (CD) at the bank that currently pays an annual 1.5 percent yield. The account is protected by the FDIC so it is virtually risk free. She hopes to use her savings for a down payment on a new house in ten years. Inflation in house prices in her area has averaged 4 percent per year. What financial principle does she need to pay better attention to?
Answer:
There is direct relationship between risk and return, and there is time value of money.
Explanation:
Leticia must understand that there is direct relationship between risk and return. The higher the risk of an investment portfolio, the higher the return.
The rate of inflation in house property market price is quite higher than return receivable on her investment in CD.
In order to perfectly hedge against inflation in property price, there is a need for Leticia to invest now in a portfolio that is capable of given her at least 4% return on investment .
Analyzing the difficulty, frequency, and importance of work activities associated with a particular job is a fundamental aspect of job design.
Answer:
The correct answer to the following question will be "Job Analysis".
Explanation:
Analyzing the complexity, pace and value of work related to a given job is a fundamental aspect of career research.
A task review is a tool used to gather information about a given job's tasks, obligations, required skills, expectations and work environment. Job Analysis assembles a job description, which is the daily performance consequence of the work-study, you want as much information as possible.Therefore, Job Analysis is the right answer.
An office building has a potential gross income of $12,600 per year. The vacancy rate is 5% and the annual expenses are $3,600. What is the market value if the capitalization rate is 12%?
Answer:
The answer is $69750.00
Explanation
Calculation of market value using income approach is calculated as follows;
Value= Net operating income (NOI) /Cap rate
Net Operating Income (NOI) is potential rental income plus any additional property-related income minus vacancy losses minus total operating expenses.
Value= [12600 - (12600*0.05) - 3600] / 0.12
Value =$69759
The market value of the office building, with a 12% capitalization rate, is approximately $69,750, considering a potential gross income of $12,600, a 5% vacancy rate, and $3,600 in annual expenses.
To calculate the market value of an office building, you can use the income capitalization approach, which considers the potential gross income, expenses, and the capitalization rate. Here's the formula:
Market Value = Net Operating Income (NOI) / Capitalization Rate
First, we need to calculate the NOI:
Potential Gross Income (PGI) = $12,600 per year
Vacancy Rate = 5% (0.05)
Vacancy Loss = PGI * Vacancy Rate = $12,600 * 0.05 = $630 per year
Effective Gross Income (EGI) = PGI - Vacancy Loss = $12,600 - $630 = $11,970 per year
Annual Expenses = $3,600 per year
Net Operating Income (NOI) = EGI - Annual Expenses = $11,970 - $3,600 = $8,370 per year
Now, we can calculate the market value using the capitalization rate:
Capitalization Rate = 12% (0.12)
Market Value = NOI / Capitalization Rate
Market Value = $8,370 / 0.12
Market Value ≈ $69,750
So, the market value of the office building is approximately $69,750 if the capitalization rate is 12%.
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To address the widespread and growing concern of contaminated food causing serious injury and death to individuals throughout the U.S., Congress passed a law stating that anyone intentionally distributing contaminated food is subject to criminal prosecution, civil fines, or both. Congress included a provision that any company with a corporate food-safety compliance policy approved by the FDA would avoid criminal prosecution, but not civil fines. To be approved, the company policy must require the company to report to the U.S. Food and Drug Administration any test results that indicate salmonella is present and consult with that agency before shipping any possibly contaminated food. 1. Using the Business Process Pragmatism procedure as part of his decision making process, Trevor first should perform to determine the legal and ethical issues related to implementing a corporate food safety compliance policy.
Answer:To put in place a corporate food safety compliance policy is the basic requirements for salvaging the consumers from poisoned food ,companies are required by total quality management to go beyond just avoid fines but to put the customer safety first and foremost of their business plan ,the BPP requires company to take the following steps inquiry,discussion,decision, justifications and evaluation.
Explanation:using the business process pragmatism methods the following steps will be taken
Inquiry:Trevor should make inquiry on what constitutes poisoning in food industry,this may require stakeholders meeting which must include expert quality control officers,industry experts,representative of the US food and drug administration,legal expert in the food industry etc,
Discussion :the forum will review the causeof food poisoning in the industry and how it affects the populace and how it can be checked or reduced or avoided.
Decision a decision acceptable to all stakeholders which has the best interest of the consumers should be reached with a clear plan of implementation , this should consider the legal aspect and at the same time the health of the population which it tends to make it's consumers .
Justifications:there should be enough justifications for any decision reached because the board and the shareholders are also stakeholders and need to be convinced as well that any decision taken will have their interest as well as the consumers at heart as well as protecting the brand .
Evaluation:this requires financial aspect and the other resources that may be required to be assess while the best workable should be adopted.
_____________ - a term referring to the fact that for many goods, as the level of production increases, the average cost of producing each individual unit declines.
Answer:
Economies of scale
Explanation:
As the production increases, the cost per unit of a single product type decreases.
Final answer:
The term economies of scale describes the reduction in average cost of production as the scale of output increases, allowing businesses to operate more efficiently and at lower costs per unit.
Explanation:
The term you're looking for is economies of scale, which refers to the phenomenon where the average cost of producing each unit decreases as the level of production increases. This occurs because larger production volumes allow for the more efficient use of resources, specialized labor, and better capital utilization. For example, a car factory that produces 20 cars at a total cost of $200,000 would have an average cost of $10,000 per car.
As production scales up, average costs typically go down due to factors such as greater buying power for materials, more efficient production flows, and the ability to spread fixed costs over a larger number of units.
Another example is in industries like major appliance manufacturing, where a larger operation can result in faster production rates through specialization. Retail giants like Costco and Walmart capitalize on economies of scale by operating large warehouse stores that can offer goods at lower prices. The long-run average cost curves illustrate how average costs decline as production increases, signifying the practical benefits of economies of scale.
The project objective is the tangible end-product that the must produce and deliver for the to achieve expected benefits from the implementing the project.A) True B) False
Answer:
True
Explanation:
It is true that the project objective is the tangible end-product that the project must produce and deliver for the stakeholders to achieve expected benefits from the implementing the project.
Every project has a scope of objectives that it must achieve within a set time (project schedule) and agreed cost (project budget)
At the end of the execution of any project, for the project to be judged as successfully completed, it must have delivered the benefits that were outlined before the execution of the project, and it must have done so without overspending on cost or extending on time.
A six-month, 180-day CD offers an annualized interest rate of 1.10% and requires a minimum deposit of $25,000. What is the amount of interest that will be earned on this investment?
Answer:
$135.63
Explanation:
Data provided in the question:
Time = 180 days
Time in years = 180 ÷ 365 = 0.4932 years
Amount deposited = $25,000
Annual Interest rate = 1.10% = 0.011
Now,
Interest = Amount deposited × Rate × Time
or
Interest = $25,000 × 0.011 × 0.4932
or
Interest = $135.63
Hence,
The amount of interest earned is $135.63
________ operate in warehouse-like facilities, sell a limited selection of items, and offer few frills. Customers pay annual membership fees and are able to purchase goods at deep discounts.
a. Superstores
b. Factory outlets
c. Discount stores
d. Independent off-price retailers
e. Warehouse clubs
Answer:
warehouse clubs
Explanation:
this is a retail store, usually selling a wide variety of merchandise and goods, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to small business owners.
The clubs are able to keep prices low due to the no-frills format of the stores. In addition, customers may be required to pay annual membership fees in order to shop.
Justin bikes to work each morning and takes a time saving short cut using a path at the back edge of the parking lot of Manny's Landscaping. Manny's sues Justin for trespass to property and recovers $250 in damages. After the lawsuit, Justin continues to use the path that he has created on Manny's property. To prevent Justin from further trespass, Manny's should:____________a) install a high voltage electric fence.b) pursue an equitable remedy.c) sue for more money, which is Manny's only option.d) install surveillance cameras to monitor the premises at all times.
Answer:
b) pursue an equitable remedy
Explanation:
Note that Manny initially recovers $250 in damages only, while Justin continues to use the path that he created on Manny's property.
In the court of law an equitable remedy would prevent Justin from further trespass. This Equitable relief would require Justin to refrain from performing his action such as riding his bike on Manny's property.
Furloughing is a situation in which a firm asks an employee to take time off but the employee is still provided with full pay and benefits.
a. True
b. False
A local computer manufacturer hires an additional worker and pays $10.00 per hour for an 8-hour day. The worker is capable of assembling 3 computers an hour. The firm sells each computer for $1,500. What is the marginal physical product of this worker?
Answer: 3 computers per hour
Explanation: Marginal physical product is the extra output produced by increasing a unit of the variable input keeping other factors constant.
It could simply be explained as the contribution of the additional variable factor to the total production.
Here, hiring an additional worker who his capable of assembling 3 computers per hour means a plus 3 increase in total production per hour.
To avoid potential errors and fraud, well-designed internal control in the accounts payable area should include a segregation of which of the following functions?
Answer: Invoice verification and merchandise ordering.
Both processes helps to detect potential error in an order before it is granted.
Explanation:
Invoice verification involves confirming that an invoice has gotten to the department for scanning, processing, such invoice is verified before advance is given. The purpose of verifying an invoice is to be sure that it is accurate and there is no problem or dispute with the invoice.
merchandise ordering: is also known as merchandise buyers, it is the purchase for product or goods made for the purpose of wholesales or retails by a merchandise, such order shows item identification, delivery dates, quantities, specified payment terms, and other conditions which shows the authenticity of the order.
Internal control in an accounts payable area should segregate the authorization of transactions, recording of transactions, and custody of assets. Segregation ensures that no single individual can wholly control all parts of a transaction, thereby minimizing potential errors and fraud.
Explanation:Well-designed internal control in the accounts payable area generally should segregate the following functions to avoid errors and fraud :
Authorization of transactions: the approval process for the payment to ensure the expense is valid and necessary.Recording of transactions: the actual entering of data into the accounts payable system.Custody of assets: the physical or virtual possession of the company funds or checks used to pay vendors.Segregating these functions ensures that no single individual has control over all parts of a transaction. This can prevent fraudulent activities and minimize mistakes.
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When bonds have been issued at a premium, the periodic amortization of the premium will A) increase the carrying value of the bonds. B) have no effect on the carrying value of the bonds. C) decrease the carrying value of the bonds. D) cause the carrying value always to equal the face value of the bonds ) None of the above accunulated depreciation of $60, 000 in the Bagley rship
Answer:
C) decrease the carrying value of the bonds.
Explanation:
We calculate the bond premium by subtracting the face value of the bond from the paid amount for it. Then, we have to figure out how many months are left before the bond matures and divide the bond premium by the number of months remaining and this tells us how much to amortize on a monthly basis.
Compared to outsourcing, nearshoring offers certain advantages such as similar time zones, cultural and linguistic affinity, geographical proximity, as well as economic, political, or historical linkages.
1. True2. False
Answer:
Compared to outsourcing, nearshoring offers certain advantages such as similar time zones, cultural and linguistic affinity, geographical proximity, as well as economic, political, or historical linkages is a TRUE statement.
Explanation:
It is evident from the successes of businesses that prefer nearshoring over outsourcing that nearshoring bears certain advantages that outsourcing does not. The action of outsourcing is preferred because the operations associated with business then become cheaper. But by choosing to outsource the operations, businesses ignore the advantages of nearshoring.The statement is true as nearshoring provides advantages like similar time zones and cultural similarity, offering benefits over traditional outsourcing.
Explanation:The statement that compared to outsourcing, nearshoring offers certain advantages such as similar time zones, cultural and linguistic affinity, geographical proximity, as well as economic, political, or historical linkages is true. Nearshoring is particularly beneficial for companies looking for closer collaboration with teams in similar time zones, which facilitates better communication and coordination. Additionally, nearshoring to countries with similar cultural and linguistic backgrounds can lead to fewer misunderstandings and a smoother integration of services.
Outsourcing can refer to contracting services to any outside firm, which may be located in another country. This process often seeks cost reductions by utilizing lower labor costs in other regions. However, nearshoring is a subset of outsourcing focusing on transferring jobs to nearby countries, typically sharing a border or being within the same region, which provides the aforementioned advantages.
Which of the following is a condition in the general environment that if exploited effectively helps a company reaches strategic competitiveness?
Answer:
The correct answer to the following question will be "Opportunity".
Explanation:
A market opportunity to sell or contract any commodity, facility, facilities, etc. that will allow the buyer-licensee to set up a business.The licensor of a marketing opportunity usually announces that he or she will protect or support the purchaser in finding a suitable destination or deliver the commodity to the cardholder-licensee.Therefore, Opportunity is the right answer.
A supportive style of communication in which the sender expresses a willingness to consider the other person's position is called _________________.
a. control
b. provisionalism
c. problem orientation
d. empathy
e. neutrality
Explanation:
This involves acknowledging other point of view and willingness to listen and consider. So Provisional communication is the right answer.
Control communication:
Control over the entire process so that the expectation of the customer are satisfied.
Problem orientation:
Focused mainly on solving issue rather than finding reason behind.
Empathy:
Communicating ideas such that others understand it better.
Neutrality:
Communication will be threatening to the listener.
If a chain of florist shops opened a plant nursery to provide gift plants and cut flowers to all of itsstores within a 300-mile radius, the chain would be practicing
A. vertical integration.B. channel expansion.C. horizontal expansion.D. opportunity incrementing. E. service marketing.
Answer:
A. Vertical Integration
Explanation:
Vertical integration is a supply chain strategy in business. In this type of integration, a single organisation or company controls or owns and uses the retail, distribution and supply locations of its product within a particular geographical area. This is done to have a firm control on the supply chain for the product as well as the value of the product.
Some of the advantages of the vertical integration strategy is that it helps such organisations to improve their efficiencies in supply and deliver, it allows for cost reduction and also ensure that the process of supply and distribution is controlled.
However, an important disadvantage is that it requires a huge amount of capital to execute.
Since the chain of florist shops decided to make flowers available to all its stores within the 300 mile radius, it is controlling its supply and distribution chains.
Answer:
Vertical Integration
Explanation:
Vertical integration is when a company has taken control of more than one stage of the supply chain. The phases of a supply chain comprises of commodities, manufacturing, distribution, and retail. A company can be said to be vertically integrated when it can controlstwo or more of these stages..
This chain of florist shops has the commodity, manufactures distributes and equally retails
the headline of a news story is the most important part because it
A) always involves conflict
B) needs to grab the audience
C) will attract advertisers
D) must use precise grammar
Answer:
B.needs to grab the audience
The study done by the Committee of Sponsoring Organizations (COSO) on financial statement frauds that occurred during the period from 1987-1997 had many key findings. Which of the following is NOT one among them?
Answer:
Most of these firms had audit committees that met at least four times a year.
Explanation:
COSO stands for Committee of Sponsoring Organization, which is an organization that is dedicated to offering the thought of guidance as well as leadership on the fraud deterrence, internal control and management of enterprise risk.
From the findings which is not found as fraud is that the most of the firms or businesses had committees of audit which met at least 4 times a year.
Salesperson Sue has just completed a purchase and sale agreement with Bob, her client, in order to make an offer on a house. The agreement includes a good faith deposit of $5,000 in the form of a check, which Bob has given to Sue. Absent any specific instructions, what should Sue do with Bob's check?
Answer:
Sue should turn it over the to her broker
Explanation:
The agreement between Salesperson Sue customer Bob included a good faith deposit of $5,000 in the form of a check, which Bob has given to Sue. Absent any specific instructions, Sue should turn it over the to her broker should Sue do with Bob's check.
Suppose the state of Florida passes a law that increases the tax on alcoholic beverages. As a result, resi-dents in Florida start purchasing their alcohol in surrounding states. Which of the following principles does this best illustrate?
Answer:
Residents (people's) reaction to Incentives
Explanation:
An incentive represents something, an action or a law that causes people to act or change their behaviour about something at a particular time. Basically, incentives work by making rewards available to individuals who change their behaviour on a targeted issue.
Usually, since people rationally compare the costs and benefits of their actions, incentives gives them the opportunity to raise their perception of this costs and benefits and also induces them to respond.
Florida increases the tax on alcoholic beverages, the people still see the benefits of taking alcohol but not at the increased, the reaction therefore, is to purchase in surrounding states where they are still cheaper without a tax increase.
It should be noted from the Florida example that the reaction of people to incentives can both be negative and positive. This example shows a negative response as a result of raised costs when compared with benefits.
: Maci is preparing the income statement for her company. Jon is preparing a report that needs to be filed with one of the government agencies the company reports to. What is implied here?
A : Both Maci and Jon are engaged in financial reporting.
B : Maci is preparing a formal financial statement, while Jon is engaged in financial reporting.
C : Jon is preparing a formal financial statement, while Maci is engaged in financial reporting.
D : Both Jon and Maci are preparing formal financial statements.
Maci is preparing a formal financial statement, while Jon is engaged in financial reporting.
Explanation:
Financial statements are detailed financial information of the company, individual or any other entity's financial condition and activities. Appropriate financial data is presented in an organized and easily understandable manner.
Usually, they contain four key financial statements, together with an overview and management discussion:
1. A financial report or balance sheet, reflects at a particular point on the finances, commitments and equities of a corporation.
2. Statements of company earnings, costs and losses over a specified time period include a profit and loss account (P&L report) or a disclosure of full income or statement of sales and expenditure. The report on the performance of the company is given on the profits and losses statement. These include sales and other expenses during the specified period.
3. A declaration of changes in stock, equity, or surplus profits, shows adjustments in the company's share capital within a specified period.
4. A cash flow statement describes the operation, spending and funding of a business in general during a specified period.
Maci is preparing a formal financial statement (income statement), while Jon is preparing a government report, but both are engaged in financial reporting. Thus, option B is the correct answer.
Explanation:The scenario presents Maci and Jon who are both involved in activities related to the company's financial tasks. The correct implication is that Maci is preparing a formal financial statement, known as the income statement, for her company - this is a key component of financial reporting. Jon, on the other hand, is preparing a report that needs to be filed with a government agency, which also falls under the ambit of financial reporting. The report could be of various types including regulatory filings, compliance documents, or other informational reports required by government entities. Therefore, option B is the most accurate: Maci is preparing a formal financial statement, while Jon is engaged in financial reporting.
Certain businesses demand higher safety related rules. for example, window cleaners that specialize in high-rise buildings have certain rules and safety protocols. these specific rules would comprise the _____.
These specific rules would comprise the rules and standards necessary to maintain for providing working conditions to the workers.
Explanation:
There are certain rules and standards that the employers have to maintain to provide a safe working atmosphere and condition to the employees. These are to be provided so that the employees be healthy at the workplace.
The rules that are to be maintained are proper atmosphere of the place where they work, no hazardous chemicals to be used, short breaks to be provided in between of the working time and the risks to be limited in the work place.
It comprise of Industry-specific knowledge
The following information should be considered:
In the case when the demand should be higher for safety related rules so it is applicable for industry and specified knowledge. Neither it represent the key business functions, speciales professionalization infant industry argument.Learn more: https://brainly.com/question/8041076?referrer=searchResults
Bill has $10 to spend on a Superman, Batman, or an X-Men T-shirt. Bill buys the Superman T-shirt and the Batman shirt was a close second choice. What is the opportunity cost?
Answer:
Opportunity Cost = Batman Shirt
Explanation:
Opportunity Cost is the coat of next best alternative forgone while making a choice.
Eg: Working as a teacher with salary Rs 20000, if a teacher sacrifises private coaching income = Rs 15000. Latter (Rs 15000) is the next best alternative forgone while choosing school teaching.
Similarly, Bill choosing Superman T-shirt has opportunity cost as value of his second best choice foregone i.e Batman T-shirt
Answer:
Bill sucks Batman is better than al of those other options
Explanation: