Tom has âŽ10 to spend and is unsure between phone credit and a t shirt. He chooses to buy the credit. Which is the financial cost and the opportunity cost?
Financial cost - âŽ10, OC - T shirt
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thief
Give points!
5
10
15
20
25
seesaw
Swap points!
Okay!
shark
Other team loses 25 points!
Okay!
baam
Lose 20 points!
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15
February's closing cash becoming what in March
Opening Cash
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15
What is indemnity?
You cannot profit from insurance
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15
What are 2 ways to reduce expenditure
Shop around, avoid discretionary expenditure
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15
What factors influence car insurance premiums?
Driver and car details, safety, Claims, Bonus points