Compared to the results using the original cost curve (c = 100 38q), the increase in fixed costs means the bakery manager should:________
Answers
Compared to the results using the original cost curve (c = 100 + 38Q), the increase in fixed costs means the bakery manager should change their price, but not change their quantity.
In accounting and economics, fixed costs, additionally called indirect prices or overhead prices, are enterprise prices that are not dependent on the extent of goods or offerings produced via the business. They have a tendency to be routine, including interest or rents being paid consistent with month. these expenses additionally tend to be capital prices.
What are fixed costs?
Fixed costs are prices which might be impartial of volume. Fixed costs tend to be expenses which might be based totally on time in preference to the amount produced or offered by using your enterprise. Examples of fixed costs are lease and hire costs, salaries, application bills, insurance, and loan repayments.
Is depreciation a fixed costs?
Sure, depreciation is a fixed costs. It is a routine cost this is commonly the equal amount each duration, in step with Accounting equipment. Depreciation isn't always typically affected by output. homes and machinery depreciate in price.
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Related Questions
Suppose you have just inherited $300,000 from your long-lost uncle. You decide to use the money to set up an annuity to fund monthly payments to yourself over the next 30 years; at the end of the 30 -year period, the account will be completely empty. Assuming that you can earn 4.5% interest compounded monthly on this investment, what will be your monthly payments?
Answers
Your monthly payments will be approximately $1,272.50. This calculation is based on setting up an annuity with a $300,000 inheritance and earning 4.5% interest compounded monthly over a 30-year period.
To calculate the monthly payments, we need to set up an annuity equation using the future value of annuity formula. The future value of annuity formula is given by:
FV = \(P * [(1 + r)^n - 1] / r\)
where FV is the future value, P is the monthly payment, r is the monthly interest rate, and n is the total number of periods.
In this case, the future value (FV) is $300,000, the monthly interest rate (r) is 4.5% divided by 12 (0.045/12), and the total number of periods (n) is 30 years multiplied by 12 (30 * 12).
Plugging these values into the formula, we have:
$300,000 = P *\([(1 + 0.045/12)^{(30*12)} - 1] / (0.045/12)\).
Now, solving for P, we find:
P = $\(300,000 * (0.045/12) / [(1 + 0.045/12)^{(30*12)} - 1].\)
After performing the calculations, we get:
P = $1,272.50.
Therefore, your monthly payments will be approximately $1,272.50.
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Why would a health insurance company charge a higher premium to a tobacco user?
Tobacco use is a voluntary behavior.
Without higher premium prices for tobacco users, nonusers end up paying for users' claims.
Tobacco use causes significant health issues.
Using tobacco products is very expensive.
Tobacco users are at a higher risk of failing to pay their premiums on time.
Answers
Answer:
Tobacco use causes significant health issues.
Explanation:
When insurance coverage commences, the insurance company assumes all the risks associated with the insurance policy issued. For medical insurance, the insurance company will cater to the insured medical bills should the need arise. For this reason, insurance firms evaluate different risk parameters when deciding on the premiums to charge for insurance coverage.
Tobacco is known to cause health issues in smokers. Tobacco smokers are more likely to develop health complications at some point in their life. They present a higher risk for insurance companies. Insurance companies will charge them higher premiums to cover the increased risk caused by smoking tobacco.
Answer:
a, b, c
Explanation:
Vail is one of the largest ski resorts in the united states. suppose that on october 1, 2024, vail sells gift cards (lift passes) for $103,000. the gift cards are redeemable for one day of skiing during the upcoming winter season. the gift cards expire on april 1, 2025. customers redeem gift cards of $20,300 in december, $30,300 in january, $25,300 in february, and $15,300 in march.
1. record the sale of gift cards on october 1, 2024.
2. record the redemption of gift cards as of december 31, 2024.
3.record the redemption of gift cards in 2025 by preparing a summary entry as of march 31, 2025.
4. record the expiration (breakage) of gift cards on april 1, 2025.
Answers
Debit gift cards will be converted to credit gift cards at the following dates: October 1, 2024, December 31, 2024, March 31, 2025, and April 1, 2025. Debit gift cards will be converted to credit gift cards at the following dates: 15,300$ on March 31 and 37,100$ on April 1.
What details are printed on gift cards?It doesn't have to be difficult, and your customers will notice it more readily if it is more transparent. We advise writing your address, email, website, or other contact details on the gift card's back. You want to be discoverable by others.
What are gift cards and how do they operate?An alternative method of payment is a gift card. It is also like a gesture of goodwill for the customers.
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Henly Company enters into a contract to transfer a product to Propel Inc. On July 31, 2019. It is agreed that Propel will pay the full price of $10,000 in advance on April 15, 2019. Henly delivers the product on July 31, 2019. The cost of the product is $7,500. Requirement: What journal entries are required in 2019?
Answers
Answer and Explanation:
The journal entries are shown below:
1. No journal entry should be recorded for entered into a contract
2. On April 15
Cash Dr $10,000
To Unearned sales revenue $10,000
(Being advance is recorded)
3. On July 31
Unearned Sales Revenue $10,000
To Sales Revenue $10,000
(Being the unearned sales revenue is recorded)
Cost of Goods Sold $7,500
Inventory $7,500
(Being the cost of a product is recorded)
Sue wants to work as a chemical engineer for either a large corporation or the government. What would you advise her to
do while she is earning her bachelor's degree to gain some real-world experience in the field of chemical engineering while still earning
college credits ?
a) Apply for a cooperative education experience, through her university, at a company or an agency that will provide her real work
experience in her field of study
b) Study hard and wait until she earns her degree to get experience
c) Take a job on campus working in the office typing papers for engineering professors
d) Take a part-time job working nights at a pharmacy
Answers
Answer:
A
Explanation: The most common reason tbh.
Answer: A
And just trust
The following table shows yearly real GDP data for France from 2006 to 2014, measured in billions of U.S. dollars.
a. For each year, identify which stage of the business cycle the real GDP data represent for France.
Year Real GDP Stage
2006 2,136.6
2007 2,255.7 Expansion
2008 2,582.4 Expansion
2009 2,831.8 Expansion
2010 2,619.7 Recession
2011 2,565.0 Recession
2012 2,782.2 Expansion
2013 2,611.2 Recession
2014 2,735.0 Expansion
b. Using the table, what years represent a peak in France's business cycle?
c. Using the table, what years represent a trough in France's business cycle?
Answers
a. For each year, I will identify which stage of the business cycle the real GDP data represent for France.
Year Real GDP Stage
2006 2,136.6 -
2007 2,255.7 Expansion
2008 2,582.4 Expansion
2009 2,831.8 Expansion
2010 2,619.7 Recession
2011 2,565.0 Recession
2012 2,782.2 Expansion
2013 2,611.2 Recession
2014 2,735.0 Expansion
b. Using the table, the year that represents a peak in France's business cycle is 2009, with a real GDP of 2,831.8 billion U.S. dollars.
c. Using the table, the years that represent a trough in France's business cycle are 2011 and 2013, with real GDPs of 2,565.0 and 2,611.2 billion U.S. dollars, respectively.
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PLEASE SOMEONE HELP I NEED THIS ASAP ILL GIVE BRAINLIST!!!!!
Which of the following is more likely to be completed by a manager than by a leader?
A. Brainstorming a new idea
B. Developing long-term goals
C. Ensuring safety compliance
D. Finding different ways to use equipment
Answers
Answer:
b Developing long term goals
Luz is getting married this autumn. She has a £110000 mortgage on a fixed interest
rate with 24 years left. She has £15000 savings invested in a cash ISA, which earns
2. 0% interest. However, she has been advised that the interest rate on the ISA will
be reduced to 1. 25% next month and will be 0. 5% lower than interest paid on her
mortgage borrowing. Luz’s friend has suggested that now the ISA interest rate is reducing Luz should use
her savings to pay £10 000 off her mortgage borrowing, which the terms of her
mortgage allow
Answers
It would be best for Luz to consult with a financial advisor who can assess her specific situation, including the exact interest rates, her long-term financial goals, and the impact of paying off the mortgage early on her overall financial situation.
Analyzing the situation based on the given information.
Luz has a £110,000 mortgage with a fixed interest rate and 24 years remaining. We don't know the exact interest rate on her mortgage, but we do know that the interest rate on her cash ISA is currently 2.0%. However, it will be reduced to 1.25% next month.Luz also has £15,000 in savings invested in her cash ISA. Her friend has suggested using £10,000 from her savings to pay off her mortgage, as her mortgage terms allow it.To determine whether it's a good idea for Luz to use her savings to pay off a portion of her mortgage, we need to consider a few factors.
Comparing the Interest Rates:
If the interest rate on the mortgage is higher than the current and future interest rates on the ISA, it may be beneficial to pay off the mortgage.If the interest rate on the mortgage is lower than the current and future interest rates on the ISA, it may be more beneficial to keep the savings in the ISA.Evaluating Long-Term Savings:
Consider the long-term impact of using the savings to pay off the mortgage.
Determine whether the savings invested in the ISA will yield higher returns over time compared to the potential interest savings by paying off the mortgage early.
Without knowing the exact interest rate on the mortgage, we cannot provide a definitive answer. However, you can use the information provided to make an informed decision.If the interest rate on the mortgage is significantly higher than the current and future ISA interest rates, it might be advantageous for Luz to use a portion of her savings to pay off the mortgage. This would reduce her overall interest payments over the remaining term of the mortgage.On the other hand, if the mortgage interest rate is relatively low compared to the ISA interest rates, it might be more beneficial for Luz to keep her savings invested in the ISA. This would allow her to continue earning interest at a higher rate than what she would save by paying off the mortgage early.Learn more about Interest Rates here:
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Showrooming involves searching for a product online to compare prices and then going to a physical store to buy it.true or false
Answers
Answer:
Explanation:
As per above statement answer would be false. Showrooming has deeply impacted the retail market in the past decade.
As consumers became able to easily differentiate prices on their mobile devices, they started using retail stores to try on and experience commodities and then they ordered online the less priced versions they liked best to be delivered straight to their places.
As retailers are working to adapt to the showrooming problems and the shift to online purchases, stores are getting high adopting showrooming as a new selling format. We show instance of successful showrooming and foster a framework for when the new selling structure can be expected to be utilized.
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How is the marketing department involved in the technical and marketing development stage of the product development process?.
Answers
They test product prototypes with target customers and identify the most effective marketing mix for the new product.
What examples of the marketing mix are there?The group of initiatives, or strategies, that a company uses to market its name or products collectively is known as the marketing mix. The four Ps make up a conventional marketing mix: pricing, product, promotion, and place.
Which part of the marketing mix?Helps in figuring out what advantages your product or service may offer clients. helps develop a successful product offering. helps in the creation, organization, and execution of effective marketing activities. helps businesses use their advantages and cut unnecessary costs.
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100 points & brainliest.
Answers
Answer:
A
Explanation:
Answer:
the answer is the first option (A)
Explanation:
Fran Jefferson began her job as the supervisor of the training department of Metro Bank and Trust Company almost four years ago, she was generally pleased with the four trainers and one secretary in her unit. Indeed, Fran took pride in her ability to create a high morale and high-performance unit. This was particularly pleasing to Fran because they were constantly busy and barely able to keep up with the volume of training expected from them. Then early on Wednesday morning Fran’s secretary, Judy Martin knocked on Fran’s door and asked to see her. Fran Liked Judy and considered the secretary to be one of her "stars." Indeed, in an effort to develop Judy’s talents and abilities, Fran had gone out of her way to give Judy special assignments, including her in all the major planning activities of the department and entrusting her with the administration of certain departmental programs, such as tuition assistance and evaluation follow-through. By now Judy functioned more as an administrative aide than as a secretary. It was clear that Judy was upset about something as she seated herself in the chair next to Fran’s desk. Slowly, Judy placed a job-posting application form in front of Fran. She would not look her supervisor in the eyes. Fran was surprised, to say the least. As far as Fran knew, Judy liked both her hob and working in the Training Department. In turn, everyone else in the department liked and respected Judy. Fran looked over the form and said casually, "so you want to post for the executive secretary job in the Branch Management Division." She paused. Could I ask you for some additional information, Judy? I‘m kind of surprised." Judy looked at her clasped hands, thinking. Fran waited. Finally, Judy looked up and said: "I noticed in last week’s job posting that the executive secretary position is graded as a 14. Now that’s two grades higher than my job!" She caught her breath. "You know my friend Mary Johnson works over there. She told me that half the time the secretary sits around doing nothing." Judy continued, Gathering some anger in her look and resentment in her voice. "Look, Fran, you know how hard I work, how hard we all work, around here. I mean. I’m always busy. I don’t see why I should work in a job graded at a 12 and work twice as hard and yet not be paid the same as that secretary. The job requirements for the job are just a little higher than mine and the merit raise you gave me last month hardly helped at all." Fran listened; then she replied: "It sounds to me, Judy, that you’re feeling angry because you think you should be paid more for the work you do and that you want to switch jobs rather than put up with things as they are. Am I right?" Judy nodded her head in agreement. Fran knew, though, that the Metro hob evaluation system was up to date and that the executive secretary position to which Judy referred did require additional background experience, skills, and responsibilities beyond what was needed in Judy’s current hob. Because her secretary was such a good employee and nice person, Fran was quite concerned. She felt strongly that moving to the executive secretary job would not be what Judy really wanted, and she hated to lose Judy, especially her decision was based on faulty reasoning and the move would not be good for her.
Help me to answer these 3 questions, please.
1. What is/ are the problem/s presented in the case?
2. What HR responsibility/ responsibilities of a line manager does Fran need to focus on to solve the problem/s in this case?
3. What HR activities/ programs can you recommend to be implemented in the organization in order to prevent these problems from happening again?
Answers
1. The problem in the case Judy, feels that she is not being paid fairly for the amount of work that she does.
2. Fran needs to focus on the HR responsibility of compensation management in order to solve the problem.
3. The HR activities include pay fairly, create opportunities, create a transparency etc.
The problem presented in the case is that Judy, Fran's secretary, feels that she is not being paid fairly for the amount of work that she does and wants to switch jobs to a higher paying position that she believes requires less work. Additionally, Fran is concerned about losing Judy as an employee and wants to prevent her from making a decision based on faulty reasoning.
She needs to ensure that Judy understands how the job evaluation system works and why the executive secretary position is graded higher and requires additional background experience, skills, and responsibilities. Fran also needs to focus on employee development and career planning in order to help Judy find a position that would be a good fit for her.
Some HR activities and programs that can be implemented in the organization to prevent these problems from happening again include conducting regular compensation reviews to ensure that employees are being paid fairly, providing training and development opportunities and advance their careers, and creating a transparent job evaluation system.
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100 points if you have the correct answer ^^
Assignment Introduction
Assume that you are involved in a job search. You are ready to construct an outstanding résumé to put before employers. You have carefully reviewed and documented your list of abilities, hard and soft skills, education, credentials, and past work experience (including volunteering). You have also considered your personality traits and job preferences. However, you have not narrowed your search to just one type of consumer services job, and you have seen several that interest you.
Assignment Directions
Using any or multiple sources (newspaper, trade or association publication, online job board, networking site, etc.), select two job listings. They must have very different job descriptions in different fields. For example, bookkeeping in a hospital and a customer service position in a retail setting. Using your own actual information, construct a general purpose résumé suitable for handing out in person. You may choose any format that is appropriate to your situation. Using the same information, build two more résumés, one each targeting the two different job descriptions and formatted to submit digitally/online.
Assignment Guidelines
Your submission must do the following:
Total three sheets; one typed page each for your basic and two targeted résumés
Include copies of your two chosen job descriptions as an attachment.
Each résumé must contain the following:
Your contact information
Educational background
Employment history, most recent to oldest (minimum 3 entries; if you do not have 3, you may make one up, as long as it is plausible and appropriate).
Accomplishments (two or three entries)
Special skills, including foreign languages spoken, as applicable
Submission Requirements
Proofread for spelling, grammar, and punctuation
Use complete sentence structure and standard written English; do not use texting abbreviations or other shortcuts
Source all references in a proper format
Answers
Your submission should include three sheets; one typed page each for your basic and two targeted résumés. The basic résumé should contain your contact information, educational background, employment history, accomplishments, and special skills.
What is education?Education is the process of acquiring knowledge, skills, values, beliefs, and habits. It is an important part of our life and it helps us to develop as individuals and to become better citizens. Education is an essential part of our society and it provides us with the necessary tools to grow and succeed.
The two targeted résumés should be tailored to the two job descriptions you have chosen, and should include the same information as the basic résumé. You should also include copies of your two chosen job descriptions as an attachment.
When writing your résumés, you should proofread for spelling, grammar, and punctuation, use complete sentence structure and standard written English, and source all references in a proper format.
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Everybody should leave this app and go to question cove. You do not need any points to ask questions and you get correct answers in as little as 30 seconds. Not to mention you can easily message somebody without any problems.
Answers
Answer:
what happened to karlie
Explanation:
. Relaciona el éxito o fracaso que han tenido las industrias con la jerarquía de las necesidades de la pirámide de las Necesidades individuales de Maslow. Mínimo 5 líneas, máximo 7 2. Elabora una lista con los nombres de los productos o servicios que ofrecen al mercado en cada una de estas industrias. 3. Completa el siguiente cuadro y coloca en la última columna el producto/servicio y nombre que le pondrías a tu nuevo emprendimiento
Answers
Answer:
Las respuestas a cada pregunta se detallan en la explicación.
Explanation:
1.Hoy en dia al gran proceso de globalización que enfrentamos,las industrias de la tecnología industrial han logrado acoplarse muy bien dentro de la estructura jerárquica de la escala de Maslow como necesidades de seguridad,es decir que es muy importante que sepamos utilizarla por ejemplo en el caso de la tecnología móvil o GSM ( un portátil,un celular,una impresora); para de esta manera realizar de manera correcta determinadas funciones dentro de una empresa y así poder conservar nuestros empleos y por consiguiente cubrir nuestras necesidades de alimentación,techo y abrigo ,pero no solo nuestras necesidades básicas sino también las de nuestra familia.
2.Industria de la tecnología: Ofrece diversos productos en el mercado como son:
-celulares de toda gama
-Computadores portátiles.
-Tablets
-Automatización o Robótica
-Nanotecnología
-Aviación.
for the economy modeled with the PPF in the picture shown here, what is the opportunity cost of each orange?
Answers
the opportunity cost for the production of each orange is the apple sacrifice.
Opportunity cost is the loss you accept to make a gain or the expense of one profit for another gain.
example of opportunity cost is something as simple as choosing between going to work and skipping work. What are you losing out on if you choose one over the other? Opportunity cost doesn't always need to apply to investments or money; it can also apply to life decisions.
In the given question the opportunity cost for the production of oranges is a sacrifice made in terms of apples
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For my personal finance class
Which of the following is an example of the paradox of value?
a. You might choose an inflatable raft over a luxury car if you are adrift at sea
b. You might choose a diamond over a bottle of water if you really love dressing up
c. You might choose a hamburger over a veggie burger at a fast-food restaurant
d. You might choose a pair of socks over a hat if you are feeling cold
Answers
Answer:
b because diamonds dressing up
When a driver encounters bad weather,the first thing to do is to look for the controls for things like the defroster,wipers,and lights. True or false
Answers
Answer:
true
Explanation:
When a driver encounters bad weather, the first thing to do is to look for the controls for things like the defroster, wipers,and lights is a true statement.
Who is a driver?A driver is a worker who transports customers in a quick, safe, and effective manner. Drivers select routes based on the state of the roads in as well as keeping up with weekly/monthly maintenance schedules for their vehicles and handling on-time payments.
if a person is driving and encounters bad weather it will be in respect to various things like d foster, wiping controlling and the light that is being provided at that point in time. Then that person must first defrost and white the things so that there will not be any kind of damage or accident that might happen on the road or collision with another.
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The number of dependents that people are choosing to have is ?
O decreasing
O increasing
Answers
Current demographic trends show that the number of dependents that people choose to have is Decreasing.
What is the trend in dependants?A general trend that has been noticed in recent years is that people are choosing to have less dependants such as children.
The top reasons for this include more education and increased economic hardship.
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Which of the following is not addressed by a government assistance program? (1 point)
O food insecurity
O health care issues
O housing
O travel
Answers
The travel is not addressed by a government assistance program. Thus option (D) is correct.
What is government?A government is the system of politics for running the nation. There are different forms of government like democracy, aristocracy, monarchy, and oligarchy.
A government makes rules and order for running the nation, state, or any political unit. A government makes defense laws, foreign policy, budget and sources of revenue and expenditure for a nation.
The travel is not addressed by a government assistance program. Therefore, option (D) is correct.
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Salads 'R' Us requires all its franchisees to sign an agreement that they will use napkins and dressings purchased from Salads 'R' Us. Unless the agreement is signed, no one is awarded a franchise. Salads 'R' Us maintains that the agreement is necessary to preserve uniformity and quality in all franchise outlets. The purchasing requirement is:A) an illegal tying arrangementB) valid as a quality control mechanism for protection of goodwill.C) coercion and is invalid.D) None of the above
Answers
Answer:
B) valid as a quality control mechanism for protection of goodwill.
Explanation:
Franchise is a license consisting of a contractual arrangement between a parent company (franchiser or franchisor) and another (franchisee), that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.
One of the main advantages of a franchise is that, franchisers such as Salads 'R' Us do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee.
The purchasing requirement in this scenario is valid as a quality control mechanism for protection of goodwill because it facilitates and promotes uniformity and quality in all Salads 'R' Us franchise outlets by ensuring that they will use napkins and dressings purchased from them (franchisor).
Think about a country where most economic production results in air pollution that creates lots of smog. What would be the trade-off if the bad result (air pollution) were reduced?
A. less of the activity that creates lots of smog
B. lower incomes
C. higher incomes
D. more of the activity that creates lots of smog
it is not A
Answers
Answer:
Option B is correct.
Explanation:
A specific risk of minimizing or eliminating bad operation must be paid. That would increase that general amount of inflation as well as lower productivity and profits, as a majority of the expenses must be borne by the government instead.
That's the compromise social system has to deal with, increased costs of earnings with far more pollution, or reduced earnings smog.
Option A is incorrect according to the following scenario because the activity that generates a range of pollution could not be achieved. Option C is incorrect according to the following scenario because we already describe that lower-income is the appropriate option. Option D is incorrect according to the following scenario because more activity, which generates much pollution, isn't really feasibleWhere do you report a stolen credit card to efta standards or pci standards
Answers
A merchant's PCI DSS compliance can be confirmed using the PCI Report on Compliance. The PCI DSS's standards and procedures were created to increase the security of credit card-based transactions and safeguard cardholder data from fraud and other unauthorized uses of their personal data.
To protect cardholders' private information and boost the security of transactions involving credit, debit, and cash cards, the Payment credit card Industry Data Security Standard (PCI DSS) is a well-known set of rules. PCI Compliance is NOT a one-time project but an ongoing practise. Merchants (the Business Owner) are in charge of overseeing the finances of their company's activities.
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Creating an anonymous complaint or grievance process is something
employers can implement to prevent which of the following?
O A. Layoffs
B. Harassment
C. Taxed income
D. Arguments
Answers
hope I could help goodluck
John gives up a shift at work so he can go to Universal with a friend. He spends $150 at Universal. He would have earned $220 during the shift at work. John's explicit cost of going to Universal is $ . His implicit cost of going to Universal is $ . His opportunity cost of going to Universal is $ . If John had decided NOT to go to Universal, and instead went to work, then at the end of the work day he would have $ . Enter whole numbers only.
Answers
Answer: John's explicit cost of going to Universal is $150 . His implicit cost of going to Universal is $220 . His opportunity cost of going to Universal is $ 70. If John had decided NOT to go to Universal, and instead went to work, then at the end of the work day he would have $ 220
John's exact cost of going to Universal is $150. His implicit cost of going to Universal is $220. His opportunity cost of going to Universal is $ 70. Then at the end of the workday, he would have $220.
How much did you spend at Universal?We budget between $20 and $200 for souvenirs and $50 – $100 per person, per day for food when visiting Universal Studios. Therefore if you're visiting the parks for 3 days I'd advise a minimum of $170 and a maximum of $500 per person. This doesn't include the cost of parking or park tickets.
How much does Universal cost in total?The Universal Studios theme park in Florida celebrates past and present movie hits with a series of rides and attractions. Typical costs: One-day tickets to Universal Studios Orlando[1] cost $88 for adults and $82 for children. A family of four can expect to pay about $340.
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what do limited partners in a business give up ? why ?
Answers
Answer:In return for giving up management power, limited partners get the benefit of protection from personal liability. This means that a limited partner can't be forced to pay off business debts or claims with personal assets. A limited partner, however, can lose his or her financial investment in the business.
Explanation:
Dave borrowed $1,400 on January 1, 2019, and paid it all back at once on December 31, 2019. The bank charged him a $11.50 service charge and interest was $87.90. What was the APR?
Answers
The APR for Dave's loan was approximately 7.1%.
To determine the APR (Annual Percentage Rate) for Dave's loan, we'll consider the principal amount, interest, and the service charge. Dave borrowed $1,400 on January 1, 2019, and repaid it on December 31, 2019. The bank charged a service fee of $11.50 and interest of $87.90.
First, let's calculate the total cost of the loan. Total cost = principal + interest + service charge = $1,400 + $87.90 + $11.50 = $1,499.40. The total amount Dave repaid was $1,499.40.
Next, we need to find the difference between the total repayment and the principal amount, which represents the actual finance charge. Finance charge = $1,499.40 - $1,400 = $99.40.
Now, we'll calculate the APR. To do this, we'll divide the finance charge by the principal amount, and then multiply the result by 100 to get a percentage:
APR = (finance charge / principal) * 100
APR = ($99.40 / $1,400) * 100
APR ≈ 7.1%
So, the APR for Dave's loan was approximately 7.1%.
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The point at which it is no longer advantageous to buy in bulk is known as marginalcost.tipping.benefit.error. cost.
tipping.
benefit.
error.
Answers
Marginal cost is the price at which purchasing in large quantities becomes unprofitable.
What is a Marginal cost? The satisfaction or advantage gained from using a product is referred to as utility in economics. The amount of pleasure or satisfaction that customers receive or lose as a result of increasing or decreasing their consumption by one unit is referred to as the marginal utility of a good or service. Marginal utility comes in three different forms. The most a consumer will spend on an additional commodity or service is known as the marginal benefit. When a consumer purchases an additional good or service, it also includes the increased satisfaction or utility they will experience. The marginal benefit is the extra pleasure or utility a person gets from consuming one more unit of a good or service.To learn more about Marginal cost, refer to:
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What is the structure of Public corporation
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Public corporate structures are managed by a board of directors. The members of the board are from all walks of industry and commerce. The chairmen of these corporations are appointed by the government. The entire capital is financed by the government.
april has joined a team with members from the sales customers service and shipping and receiving departments which term best describes the team april joined
Answers
Answer:
A cross-functional team
Explanation:
A cross-functional team is composed of members with different skills, experiences, and backgrounds. In organizations, cross-functional teams will have members from various departments. The teams are formed to undertake projects that require input from different experts.
April has joined a cross-functional team. The team has members from many departments. Cross-functional are temporally and get dissolved when the project is complete.