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kherson [118]
1 year ago
8

Harry, a wheat farmer, is deciding whether or not to add fertilizer to his crops. If he adds 1 pound of fertilizer per acre, the

value of the resulting crops rises from $80 to $100 per acre. According to marginal analysis, harry should add fertilizer if it costs less than.
Business
1 answer:
GarryVolchara [31]1 year ago
8 0

harry should add $20 per pound

The method of identifying the advantages and disadvantages of various options by looking at the incremental impact on total revenue and total cost caused by a very modest change in the value or input of each alternative (just one unit). Instead of making decisions based on totals or averages, marginal analysis encourages those that focus on small or gradual changes to resources. Examining the costs and possible gains of particular business operations or financial choices is known as marginal analysis. The objective is to ascertain whether the benefits from the change in activity will be great enough to outweigh the costs.

To know more about marginal analysis refer to brainly.com/question/7412432

#SPJ4

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The Atomic Energy Commission (AEC) was engaged in rulemaking proceedings for nuclear reactor safety. An environmental group sued
olga_2 [115]

Answer:

The Supreme court will revise the ruling from the Federal Court

Explanation:

When the Atomic Energy Commission appeals to the Supreme Court due to dissatisfaction from the Federal court's  verdict, it is the duty of the supreme court to take some moment to look critically into the issue and weigh the premises in which the Federal Court's verdict was passed in favour of the environmental group.

After taking a critical look at the various arguments raised by the environmentalist and the court's ruling, it is obligatory for the Supreme court to decisively call the attention of AEC to the reasons raised and make provision to address such , bearing in mind that there was no previous discussion between the two parties prior to seeking court's attention in this regards.

5 0
2 years ago
Canam Canada specializes in the fabrication of steel joists, joist girders, steel deck, and Murox—high performance building syst
Inessa [10]

Answer:

A) key

Explanation:

Key account management is a sales approach used to build long term relationships with important customers. The term key account represents those customers who are strategic for your business, generally for the amount of business carried out or how public the business relationship is.

Companies that use this approach generally allocate important resources to handling key accounts and expanding the business relationship. That is why their most important salespeople are generally the key account managers.

7 0
3 years ago
Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 15.5%.) Ivanhoe
mel-nik [20]

Answer:

The profit margin is the percentage of profit made from sales less all expenses. The higher the profit margin, the better.  

Profit margin = (net profit after tax / net sales) * 100

e.g                   = (93 000 / 250 000) * 100

                       = 37.2%

The gross profit margin is the percentage of profit made from sales less cost of sales. The higher the gross profit margin, the better.  

Gross profit margin = (gross profit / net sales) * 100

e.g                       = (129 000 / 250 000) * 100

                            = 51.6%

Since no figures are given, the above examples are given to demonstrate how we compute the margins.  

3 0
2 years ago
Read 2 more answers
If Investment Spending does not replace Consumption of Fixed Capital (CFC), then GDP will _________..
vfiekz [6]

Answer: Decrease

Explanation:

GDP = gross domestic product. The number of goods and services produced and consumed within a country.

The major components also include investment spending and consumption.

If investment spending does not replace consumption of fixed capital then GDP will fall or decline. Investment spending needs to be replaced by consumption of fixed capital so that the GDP can increase. Which is beneficial for the economy.

3 0
3 years ago
Sheffield has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3600 units, Sheffield used 6900 hours of la
Mandarinka [93]

Based on the standard labor hours to Sheffield and the cost per unit of labor, the total labor variance is $3,600 Favorable.

<h3>What is Sheffield's labor variance?</h3>

This can be found as:
=  (Standard Labor Hours - Actual Labor Hours) x standard Labor Rate

Solving gives:

= ((3,600 x 2) - 6,900) x 12

= (7,200 - 6,900) x 12

= $3,600 Favorable

Find out more on labor variance at brainly.com/question/21287626.

#SPJ1

8 0
1 year ago
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