Answer:
It is more profitable to sell te products as-is.
Explanation:
Giving the following information:
Sell as-is:
Selling price= $31
Continue processing:
Selling price= $35
Unitary incremental cost= $8
Units= 6,100
<u>The firsts $5,200 is a sunk cost, this means that the cost will remain the same in both options. It is irrelevant to the decision-making process.</u>
Sell as-is:
Effect on income= 6,100*31= $189,100
Continue processing:
Effect on income= 6,100*(35-8)= $164,700
It is more profitable to sell te products as-is.
A recently passed Minnesota statute mandates that the vendee (buyer) record the contract for deed within 4 months of the agreement's execution in order to avoid penalties.
<h3>How long does it take to record a contract for deed?</h3>
One minor modification concerns the need under Minnesota Statute Section 507.235 that the contract buyer, sometimes known as the "vendee," must record the contract for deed within four (4) months after its signing or suffer a fine equal to 2% of the contract price.
<h3>What has the contract for deed law in Minnesota changed?</h3>
The laws governing contract for deeds in Minnesota have lately undergone some revisions. One minor modification concerns the need under Minnesota Statute Section 507.235 that the contract buyer, sometimes known as the "vendee," must record the contract for deed within four (4) months after its signing or suffer a fine equal to 2% of the contract price.
<h3>What takes place if the Vendee fails to record the contract for deed?</h3>
Whoever receives an assignment of a vendee's interest in a contract for deed who neglects to record the assignment in accordance with subdivision 1 is subject to a civil fine, payable under subdivision 5, equal to 2% of the contract debt's original principal amount.
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Answer:
1) Equal to
2) Efficient
3) Equal to
4) Total
Explanation:
1) Marginal cost pricing is when you price the good equal to the extra cost of producing an extra good, so for example if I am a shoe manufacturer and the cost of producing an extra pair of shoe is $4 and I price the pair of shoe at $4 I am using marginal cost pricing.
2) When the producer is using marginal cost pricing the output produced is efficient as there is no dead weight loss and efficient level of output is produced.
3,4) If I produce 10 pairs of shoes and they cost me $500 then my average total cost for the pair of shoes is 500/10 = $50 and if I keep the price of the shoe at $50 I am using average cost pricing, so average cost pricing is keeping price equal to the average total cost.
I would say C because it’s not a source of income, just a gift. One of your siblings could take it if you stick it under your bed. If you spend it to fast it’s just a loss.