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Anna007 [38]
2 years ago
7

Leon is a rock climbing enthusiast, and is considering getting a membership at a new rock climbing gym. today, leon climbs at a

different gym where on a weekly basis, it costs him $18 per climb for the first three climbs, $8 per climb for the next three climbs, and $5 per climb for any subsequent climbs that week. the cost of the membership at the new gym is $25 a week, regardless of how many times leon climbs at the gym. the new gym leon is considering would also require a locker rental fee of $8 per climb. leon knows that based on the amount he climbs today (approximately 4x per week), it makes more financial sense to move to the membership, however he wants to understand what might happen if he changes his climbing frequency. when will it no longer make financial sense for leon to move to the membership option?
Business
1 answer:
malfutka [58]2 years ago
7 0

The correct option is C. If he climbs less than three times a week and more than six times a week that make no longer make financial sense for Leon to move to the membership option.

<h3>What is a Membership service?</h3>

Assisting Enrollees in comprehending CONTRACTOR policies and practices, facilitating referrals to participating specialists, and assisting in the resolution of issues and member complaints are all examples of what is meant by member services.

The complete question is given in the file attached below

Given,

Calculation of Under non-membership according to correct options

Assume If he climb 8 times in week = 3x18 + 3 x 8 + 2 x 5  =$88

Calculation of Under membership

Assume if he climb 8 times in week = $25 + 8 x 8 =$89

Thus, the difference between membership and non-member is $1.

Learn more about membership service here:

brainly.com/question/22407767

#SPJ1

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Thailand wants to increase its trade and economic integration with Cambodia. Which trading alliance will be the most useful in a
Zigmanuir [339]

ASEAN is the trading alliance that will be the most useful in achieving this goal.

<h3>What is ASEAN ?</h3>

The Association of Southeast Asian Nations (ASEAN) is an international organization whose primary goal is to promote economic growth and regional stability among its members.

Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Laos, Myanmar, Cambodia, and Vietnam are the current members.

<h3>What is ASEAN doing right now?</h3>

ASEAN's mission is to foster collaboration and cooperation among member countries while also advancing the region's overall interests, including economic and trade growth. It has negotiated a free trade deal among member nations as well as with other countries like China, and it has made it easier for residents of member countries to travel around the area.

It formed the ASEAN Economic Community (AEC) in 2015, marking a significant step forward in the organization's regional economic unification objective. The AEC sees the area as a single market with a free flow of commodities, services, investments, and skilled labor, as well as an independent movement of money.

Therefore, ASEAN is the trading alliance that will be able to help in achieving Thailand this goal.

For more information on ASEAN, refer to the given link:

brainly.com/question/25170760

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8 0
2 years ago
The federal government is the only entity that requires corporations to pay income tax on their net income .(True /False)​
Zielflug [23.3K]

Answer:

False

Explanation:

3 0
3 years ago
Indicate how an increase in tastes for apples will affect the equilibrium price and the equilibrium quantity in the market for a
Rudiy27

Answer: Option (a) is correct.

Explanation:

Tastes and preferences are the determinants of demand. Any change in the tastes and preferences will lead to shift the demand curve of a market. Therefore, an increase in the tastes for apples means that demand is favorable for the apple market, as a result demand curve shifts rightwards.

Hence, both equilibrium price and equilibrium quantity in the market for apples increases.

6 0
3 years ago
In long-run equilibrium, a purely competitive firm will operate where price is ________.
ahrayia [7]

Answer: The correct answer is "D. equal to MR, MC, and minimum ATC.".

Explanation: In long-run equilibrium, a purely competitive firm will operate where price <u>is equal to MR, MC, and minimum ATC.</u>

In perfect competition the companies are accepting price, therefore they will produce as long as the price is equal to the marginal cost and the marginal income thus ensures that the sale of each unit of product does not cost more than the profit obtained from the sale. of this and when the average total cost, that is, the total cost of producing each unit of product, is the least possible.

4 0
3 years ago
Read 2 more answers
Suppose that Dillon derives 40 utils of total utility from eating 5 hotdogs and 42 utils of total utility from eating 6 hotdogs.
gavmur [86]

Answer: The marginal utility is 2

Explanation:

Utility is the satisfaction derived from the consumption of a particular commodity. Total utility is the total satisfaction derived from the consumption of a particular commodity. Marginal utility is the extra satisfaction that a consumer gets from consuming a product. Utility is measured in utils.

Marginal utility increases with an extra consumption of a good at first but later it begins to reduce as the extra good consumed doesn't really have give the consumer enough satisfaction anymore.

Regarding the question, eating 5 hotdogs gives 40 utils and eating 6 hotdogs gives 42 utils.

The marginal utility is the extra utils which will be 42-40 which gives 2 utils.

3 0
3 years ago
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