Ivan's marginal benefit if he decides to stay open for six hours instead of five hours is $20. The marginal benefit can be solved by subtracting the total revenue of the equivalent hours.
$550 (6 hours) - $530 (5 hours) = $20
Answer:
$23,000
Explanation:
current annual sales = 49,000 packs
Selling price of course packs = $14 each
variable cost per pack = $12
Earnings = $75,000
Contribution:
= current annual sales × (Selling price of course packs - variable cost per pack)
= 49,000 packs × ($14 - $12)
= 49,000 packs × $2
= $98,000
Fixed costs of producing the course packs:
= Contribution - Earnings
= $98,000 - $75,000
= $23,000
Answer:
Account A
Explanation:
Since Irma has $500 to open a checking account and She wants an account with the lowest fees.
She plans to use only her bank’s ATM to deposit her paychecks and withdraw cash.
The Bank Account Terms and Conditions that would be best for Irma is Account A.
Account A will be sufficient as there is no indication for writing of checks and issuing checks to clients as a form of payment, including the fact that the amount Irma has to open the account is just a base amount of $500