Answer:
a. We need more information to answer
Explanation:
In order to correctly answer his question we need more information. Economy is all about the margin, i.e. marginal revenue versus marginal cost. We are given the marginal revenue ($20/hr of tutoring services) but we are not given the marginal costs of tutoring. We only know that the cost of tutoring the first hour is $14, but what about the rest of the hours. Since you have 5 clients, you must be tutoring more than 1 hour per day. It is always easier to determine the marginal revenue since we determine it, while we cannot determine which costs we would like to incur.
Profits should be maximized when marginal revenue = marginal cost, but unless we know the marginal cost of tutoring the rest of the students we simply cannot answer this question.
Answer:
The financial advantage is $ 14 per batch
Explanation:
The computation of the financial advantage or disadvantage is as follows:
Particulars Cane Fiber Cane Juice
Sales Value after further processing $61 $67
Less:
Costs of further processing $13 $28
Benefit of Further processing $48 $39
Less : Sales value at split off point $29 $40
Net advantage (disadvantage) $19 ($1)
Now
Revenue
Industrial Fiber $61
Refined Sugar $67
Total revenue $128
Less : Expenses
Purchases from Framers $60
Crushing Costs $13
Processing fiber further $13
processing juice further $28
Total Expenses $114
Net profit from one batch $14
Hence, The financial advantage is $ 14 per batch
Explanation:
On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.
Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.
Here is the answer that would best complete the given statement above. <span>When marketers strive to get their customers the merchandise they want, when they want it, in the required quantities, and at a lower delivered cost than that of their competitors, they are hoping to achieve a sustainable competitive advantage through OPERATIONAL excellence. Hope this helps.</span>
Answer:
A. A professional review
Explanation:
Let's use process of elimination:
A) A professional is least likely to be biased, unless they've been paid.
B) An advertisement is by the manufacturer, and thus more likely to be biased.
C) Online testimonials can also be biased, because most of them are paid.
D) The seller only wants to make money. They're going to be the most biased of the bunch, as it will hurt their chances of making money if they give you a bad opinion.
