1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IrinaVladis [17]
4 years ago
8

The gas station on the edge of town has gas that is 30c/gallon cheaper than my local station. I buy 10 gallons of gas a week. As

sume that I value my time at $10 per hour and it takes me 1/2 hour to drive to and from the faraway station. For simplicity, assume the travel cost to the local station is zero miles and damage/depreciation of my car is trivial on the trip to the faraway station. Should I buy my gas at the faraway station
Business
1 answer:
Tems11 [23]4 years ago
3 0

Answer:

No

Explanation:

Because its better u save 0.3*10=3 dollars but I value my time for $5 for that half an hour and hence its better not to go considering opportunity cost.

You might be interested in
In the country of Economica, the total labor force consists of 15,000 workers. 750 of these workers are unemployed, and thus the
wel

Answer:

At the end of the year, the labor force will consist of 15,555 workers

The unemployment rate will be 7.71%

Explanation:

In order to calculate the labor force we would have to make the following calculation:

labor force=labour force - workers will lose their jobs +workers will return to the labor force - workers voluntary leave their jobs + new workers entered

labor force= 15,000 - 300 + 255 - 150 + 750

labor force=15,555

At the end of the year, the labor force will consist of 15,555 workers

In order to calculate the unemployment rate we would have to make the following calculation:

unemployment rate=Unemployed labour force/labor force

Unemployed labour force=new workers entered+workers will lose their jobs+workers voluntary leave their jobs

Unemployed labour force=750 + 300 + 150

Unemployed labour force=1,200

Therefore, unemployment rate=1,200/15,555

unemployment rate= 7.71%

The unemployment rate will be 7.71%

3 0
3 years ago
What would be the consequences if conflict amongst staff in this workplace is not resolved?
bonufazy [111]

Answer:

Check screenshot attached below

Explanation:

4 0
2 years ago
What dose David works at a bakery b wall fox or c idk
MArishka [77]

Answer: a.bakery

Explanation:

7 0
3 years ago
Read 2 more answers
The holders of ZZZ Corporation's bonds with a face value of $1,000 can exchange that bond for 35 shares of stock. The stock is s
Paul [167]

Answer:

$28.57

Explanation:

The holders of ZZZ corporation bonds with a face value of $1000

It can be exchanged for 35 share of the stock

The stock is being sold for $25.00

Therefore, the conversion price can be calculated as follows

= $1000/35

= $28.57

Hence the conversion price is $28.57

6 0
3 years ago
An electronics company has factories in Cleveland and Toledo that manufacture three head and forehead VCRs. Each day the Clevela
Vesna [10]

Answer:

The Toledo factory should work for 20 days

The Cleveland factory should work for 50 days

Explanation:

Let me use abbreviations to denote each of the VCR produces:

Three head  VCR = THV

Four head VCR = FHV

we were told that:

Cleveland in one day produces; 500 THV and 300 FHV at a price of $18000, while Toledo in one day produces; 300 THV and 300 FHV at a price of $15000.

Information on order received:

THV = 25,000

FHV = 21000

Next let us use the common factor between both company locations to divide the production days between them, and the common product produced equally by these two factories is FHV where each of them produce 300 in a day.

hence to fill an order of 21,000 FHV, each factory has to produce 21000 ÷ 2 = 10, 500 orders each.

Now let us find how many days it will take to produce 10,500 orders if they produce 300 orders each day:

300 FHV = 1 day

∴ 10,500 FHV = \frac{1}{300} × \frac{10,500}{1} = 35 days.

Therefore, if both factories were to be producing the same amount of both THV and FHV each it will take them 35 days each to fill the order, but because Cleveland factory produces 500 THV while Toledo produces 300 THV, this will not hold since at the end of 35 days:

the Cleveland factory will produce 35 × 500 = 17,500 THV

the Toledo factory will produce 35 × 300 = 10,500 THV, bringing the total number of THV to 28,000 which is 3000 more than the order of 25,000 THVs

Next, we have to work backwards.Since the Cleveland factory has an excess of 3000 THVs, let us see how many days it will take to produce the excess 3000 THVs and remove that number of days from the Cleveland factory, while adding that same number of days to the Toledo factory, to even things out.

So removing one day from Cleveland will reduce production of THVs by 500, while concurrently adding one day to FHV will increase production of THV by 300, creating a net production of 200 THVs being removed.

Remember that the excess THV produced was 3000, to get the total number of days to remove from Cleveland and to add to Toledo, we will divide 3000 by 200.

∴ 3000 ÷ 200 = 15.

hence we will subtract 15 days from the original 35 days of Cleveland while we add 15 days to the original 35 of Toledo giving us:

Cleveland: 35 - 15 = 20 days

Toledo: 35 + 15 = 50 days.

now let us test our answer.

for THV:

Cleveland working for 20 days will produce; 500 × 20 = 10000

Toledo working for 50 days will produce; 300 × 50 = 15000

giving a total of 10000 + 15000 = 25,000 three head VCRs.

for Four Head VCRs (FHV)

Cleveland working for 20 days will produce; 300 × 20 = 6,000

Toledo working for 50 days will produce; 300 × 50 = 15,000

therefore total Four head VCRs produced = 6,000 + 15,000 = 21,000 VCRs.

and the total cost of production:

Cleveland; 1 day = $18,000

∴ 20 days = 18,000 × 20 = $360,000

while Toledo in 50 days = 15000 × 50 = $750,000. Hence the total amount for production = $360,000 + $750,000 = $1,110,000

3 0
3 years ago
Other questions:
  • The number at the bottom right of each supplier’s box shows the portion of Boeing’s costs in thelast year that went to that supp
    14·1 answer
  • About eight months ago, 14-year-old shelley went on a drastic weight-loss diet that caused her to drop from 110 to 80 pounds. al
    13·1 answer
  • Terry forms the camphor corporation during the current year. she transfers property with a value of $700,000 to camphor corporat
    8·1 answer
  • Airlines can price discriminate for seats on a plane by determining people's – to pay for different types of seats. although not
    11·1 answer
  • If D0 = $2.25, g (which is constant) = 3.5%, and P0 = $50, what is the stock's expected dividend yield for the coming year?
    12·1 answer
  • Ay someone explain why $MARA & $RIOT stock been doing real bad while BTC be going up up and up ​
    6·1 answer
  • 1. A manufacturer has 750 meters of cotton and 1000 meters of polyester. Production of a sweatshirt requires 1 meter of cotton a
    14·1 answer
  • We describe the flow of costs in a process costing system and prepare appropriate journal entries to record costs. A process cos
    11·1 answer
  • Carter Production, Inc.'s required production for the first six month of the year is as follows. Month Required Production Janua
    5·1 answer
  • ________ is the most expensive form of marketing communication
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!