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Blababa [14]
2 years ago
13

money that’s irretrievably gone and instead to focus on the marginal costs and benefits of future options.

Business
1 answer:
dimaraw [331]2 years ago
8 0

Sunk charges are to forget approximately the money and time that is irretrievably long past and rather attention to the marginal cost and blessings of contemporary and future options. cash that’s irretrievably gone and instead to consciousness at the marginal costs and benefits of destiny options.

Marginal cost is the brought value to provide an additional nicely. for example, say that to make 100 automobile tires, charges $a hundred. To make one extra tire might fee $eighty. this is then the marginal fee: how an awful lot it fees to create one additional unit of a great or carrier. The fees of manufacturing decide the marginal price.

Marginal cost refers to the extra cost to produce each additional unit. for example, it might cost $10 to make 10 cups of coffee. To make another would value $0.80. therefore, this is the marginal value – the extra fee to provide one extra unit of output.

Marginal cost represents the incremental costs incurred while producing extra units of a good or service. it's miles calculated by taking the entire alternate inside the value of producing extra items and dividing that through the trade inside the number of products produced.

Learn more about Marginal cost here:

brainly.com/question/12231343

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Assume that demand for a service depends upon price and income, where the price elasticity of demand is Ep = –0.6 and income ela
Komok [63]

Answer:

Increase by 4.8%

Explanation:

The 4% price reduction will cause an increase in demand by 2.4%.  

\Delta Q/Q=\epsilon_p*\Delta P/P=(-0.6)*(-0.04)=0.024

The 2% rise in income will cause an increase in demand by 2.4%

\Delta Q/Q=\epsilon_I*\Delta I/I=(1.2)*(0.02)=0.024

If we take into account both variations and add them, we have an increase in demand by 2.4%+2.4% = 4.8%

4 0
4 years ago
Which of the following tactics for overcoming resistance to change is most likely to be beneficial when employees' fear and anxi
ladessa [460]

Answer:

b) Building support and commitment

Explanation:

In order to support employees and feel the fear of change, it is necessary to build trust and commitment.

Here are some techniques to help the employee:

1. Make your employees feel that their work is important

2. Keep them in constant training

3. Maintain communication with all members of the organization

4. Establishes recognition programs and awards prizes

5. Promotes positive attitudes

6. Be flexible with schedules.

7. Conduct satisfaction surveys

4 0
4 years ago
The Corner Market has decided to expand its retail store by building on a vacant lot it currently owns. This lot was purchased f
marysya [2.9K]

Answer:

a. The current market value of the land

Explanation:

An expansion project costing plays a huge role. According to relevant cost, all irrelevant cost in the business should not be considered while analyzing a project. In the past, cost incurred in purchase of the land and its improvement is sunk cot, hence these expenditure ares irrelevant while analyzing the expansion project. The only cost which is to be considered is current market value of the land.

5 0
3 years ago
2) Manufacturing overhead includes: A) all direct material, direct labor and administrative costs. B) all manufacturing costs ex
melisa1 [442]

<u>Answer: </u>Option C

<u>Explanation:</u>

Manufacturing costs are the costs which are involved in the production of the goods. It excludes the direct materials and the direct labor as these factors are not only factors of production but used for other work in the organisation.

The indirect materials used are also included in this overhead which cannot be traced easily. Some of the manufacturing costs are maintenance, repairs on production, heat light, property tax, depreciation and insurance on manufacturing facilities. These costs are also called as factory overhead and factory burden.

6 0
3 years ago
On January​ 1, Five Star Services has the following​ balances: Accounts Receivable $ 26 comma 000 ​(debit) Bad Debts Expense $ 0
PIT_PIT [208]

Answer:

$53,000

Explanation:

Data given in the question

Beginning Accounts Receivable = $26,000

Credit Sales = $130,000

Collections of credit sales  = $87,000

Write-offs = $16,000

So

As we know that

Ending Accounts Receivable = Beginning Accounts Receivable + Credit Sales - Collections of credit sales - Write-offs

= $26,000 + $130,000 - $87,000 - $16,000

= $53,000

5 0
3 years ago
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