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KengaRu [80]
2 years ago
6

You rent a car for $29.95. The first 150 miles are free, but each mile thereafter costs 15 cents. You drive it 200 miles. What i

s the marginal cost of driving the car
Business
1 answer:
ohaa [14]2 years ago
4 0

Answer:

The marginal cost of driving the car is $7.50 + the cost of gas.

Explanation:

Initial cost: $29.95

200 miles you drove- 150 miles free= 50 miles you have to pay for

50 miles * 15 cents per mile

50* 0.15= $7.5

<u><em>$7.50</em></u>

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Answer:

c. comparative advantage in

Explanation:

In economics, comparative advantage is the advantage a trade party has over the other party, in the production of a a particular good that has a relatively lower opportunity cost. It simply involves exploring the option that has overall best package.

North Carolina has a comparative advantage in sweet potato production relative to Florida, as the opportunity cost involved is lower, since there is little potential benefits North Carolina will get in the production of oranges.

3 0
3 years ago
The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed
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Explanation:

First calculate the earnings for the year.

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8 0
2 years ago
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3 years ago
Chutney Channel is a small organization based in Canada that sells specialty condiments made from local ingredients to a wide ar
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if this is a multiple choice question post the choices and i will tell you the corrrect one. thanks

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3 years ago
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