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1 year ago

Heath can pay $10 for one meal deal at the hamburger restaurant or $15 for

Business

1 answer:

andrezito [222]1 year ago

8 0

The marginal cost of the second meal deal is $5.

<h3>What is the marginal cost?</h3>

The marginal cost is the change in total cost when consumption is increased by one unit.

Marginal cost = change in total cost / change in consumption

($15 - $10) / (2 - 1) = $5

To learn more about marginal cost, please check: brainly.com/question/16399134

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I would say that the organization needs a job and yea yea

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3 years ago

(problem 13). margo's marginal utility of one dance lesson is 100 utils per lesson. her marginal utility of a new pair of dance

kirill115 [55]

Since Margo purchase her optimal consumption bundle, the marginal utility per dollar consumed on dance lessons must be equivalent to the marginal utility per dollar paid on dance shoes. The marginal utility per dollar spent on dance lessons is 100 utils per lesson, where $50 per lesson is equivalent to 2 utils per dollar. The marginal utility per dollar expended on dance shoes therefore has to equal 2 utils per dollar. Since the marginal utility of a pair of dance shoes cost 300 utils per pair, the value of a pair of shoes should be $150 per pair, so that 300 utils per pair/$150 per pair is equal to: 2 utils per dollar.

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3 years ago

How much are you willing to pay for one share of LBM stock if the company just paid an annual dividend of $2.24, the dividends i

Licemer1 [7]

Answer:

$18.33

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The dividend increase by 2.3% annually

= 2.3/100

= 0.023

The required return is 14.8%

= 14.8/100

= 0.148

Therefore the price that will be paid for one share of LBM stock can be calculated as follows

= 2.24 × (1+0.023)/(0.148-0.023)

= 2.24 × 1.023/0.125

= 2.29153/0.125

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7 0

3 years ago

During its first year of operations, Silverman Company paid $15,085 for direct materials and $10,200 for production workers' wag

elena-s [515]

Answer:

$4,550

Explanation:

First, we need to calculate the product cost per unit

Product cost per unit = Total production costs / Units produced

= ($15,085 + $10,200 + $9,200) / 6,050 units

= $5.7 per unit

Cost of goods sold = $5.7 × 3,700 units

= $21,090

Net income = Sales - Cost of goods sold - Operating expenses

= ($8.2 × 3,700) - $21,090 - $4,700

= $30,340 - $21,090 - $4,700

= $4,550

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2 years ago

Kocher Steel typically achieves one of three production levels in any given year: 8 million pounds of steel, 10 million pounds o

AveGali [126]

Answer:

Fixed cost

Explanation:

Variable costs are costs that change with change in the quantity of the goods or services produced by the business. For example the cost of raw materials.

Fixed costs are costs that do not change with change in the quantity of the goods or services produced by the business. For example interest payments.

In the given question, payment of $10 per pound has to be made no matter what the production level for the year, so this is an example of <u>fixed cost</u>

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3 years ago