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slamgirl [31]
2 years ago
5

Why do you think the knowledge of cost behavior is important for managerial decision making? give an example to illustrate your

answer
Social Studies
1 answer:
s344n2d4d5 [400]2 years ago
5 0

The knowledge of cost behavior is important for managerial decision making as, having a thorough knowledge about this enables the manager to predict whether any costs will decrease or increase as business activity changes.

For instance, if a production line is nearing capacity, the relevant cost behavior would be to expect a large cost increase (to pay for an equipment expansion) if incremental demand increased by a small amount. Understanding cost behavior is an essential component of cost-volume-profit analysis.

Learn more about Cost Behavior here

brainly.com/question/24304890

#SPJ4

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Answer:

x = 11.02 inch by  y = 7.35 inch

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A = (x + 3)(y + 2)

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Now for least amount of paper to be used,

\frac{dA}{dx}=(x+3)(\frac{81}{x}+2)

\frac{dA}{dx}= \left (\frac{81}{x}+2  \right )+\left ( x+3 \right )\left ( -\frac{81}{x^{2}} \right )=0

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x = 11.02 inch

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          = \frac{81}{11.02}

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Therefore the dimensions of thr page for the least amount of paper is x = 11.02 inch by  y = 7.35 inch

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