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natulia [17]
3 years ago
8

A wedding planner determines that one waiter can serve 30 guests, two waiters can serve 70 guests, three waiters can serve 120 g

uests, four waiters can serve 160 guests, and five waiters can serve 180 guests. The marginal product of the third waiter is _____ guests.
Business
1 answer:
inna [77]3 years ago
3 0

Answer:

50 guests

Explanation:

Marginal product is the factor of production, which is defined as the change in the output results or consequence from employing one or single unit of a specific unit. It is also acknowledge as the marginal physical productivity.

For example, the change in the output results when the business or the firm increase the labor from 6 to 7. So, 1 would be the marginal product.

So, in this case, the marginal product for the third waiter is 50 guests (120 - 70).

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Consumers today receive commercial messages from a broad range of sources.
NemiM [27]

Answer:

Letter A is correct. <u><em>Don't distinguish between message sources.</em></u>

Explanation:

Integrated marketing communication is a relevant tool whose primary objective is to ensure that there is compliance in corporate marketing communication across all media channels used by the organization, ie all communication of promotions and dissemination of company products and services is organized and consistent to create reliability and customer experience.

There are many benefits to ensuring that integrated marketing communication is well developed, some of which are brand awareness according to their individual exposed elements, cost savings and less waste with inconsistent messages, the consumer experience that assists continuous improvement. communication and focus on results, achieved most effectively when there is synchronization between internal and external communication in the company.

7 0
3 years ago
Every year businesses lose thousands of dollars from employee theft. Business owners put a lot of trust in employees to care and
Setler79 [48]

Answer:

  • Loss of confidential/product information
  • Loss of Time :  
  • Loss of money
  • Loss of company property

Explanation:

When employees take advantage of the benefits of employment which includes access to company's/employer's assets and the indulge in what is known as employee theft ( misuse of company's assets ), The losses that the company might experience will include some or all of the following :

  • Loss of confidential/product information
  • Loss of Time : this is when company pays the employees for work time that they did not put in
  • Loss of money
  • Loss of company property
7 0
3 years ago
The table below shows the weekly demand for hamburger in a market where there are just three buyers. price buyer 1 qd 1 buyer 2
iren [92.7K]

Answer:

The answer is: 17

Explanation:

Demand is defined as the goods individuals are willing to purchase at the prevailing market prices. The demand curve expresses the relationship between the quantity demanded of goods at given market prices while holding all other factors constant. The given information expressed in tabular form is as follows:

Price             Buyer1Qd    Buyer2Qd     Buyer3Qd     Market Demand

$6                  7                   4                   6                       17

$5                  9                   7                   8                       24

$4                  15                  10                 12                      37

$3                  21                  15                 16                      52

In order to calculate total market demand, individual demand at the given prices are added horizontally, that is at a price of $6, total demand is 17, at $5 the total demand is 24 and so on. The higher the price the lower the quantity demanded and so on. The quantity demanded of a good and its price are inversely related.  

3 0
3 years ago
Blossom Company purchased machinery with a list price of $88000. They were given a 10% discount by the manufacturer. They paid $
frez [133]

Answer:

$5,450

Explanation:

Data provided in the question:

List price of the machinery = $88,000

Discount offered = 10%

Amount of discount = 10% of $88,000

= 0.1 × $88,000

= $8,800

Shipping paid = $400

Sales tax = $4,900

Useful life = 10 years

Residual value = $30,000

Now,

Total cost of the machine = List price - Discount + Shipping + sales tax

= $88,000 - $8,800 + $400 + $4,900

= $84,500

Annual depreciation using straight line method is given as:

= \frac{\textup{Total cost - Residual value}}{\textup{Useful life}}

= \frac{\textup{84,500 -30,000 }}{\textup{10}}

= $5,450

8 0
3 years ago
Target costing begins with determining the cost of the product and then focusing on developing ways to sell the product at a pri
Archy [21]

Answer:

Target costing does not begin with the determination of the cost of the product  and then focusing on developing ways to sell the product at a price that will enable the company to achieve its desired profit margin.

The correct answer is B

Explanation:

In target costing, the company does not determine the price because the price is determined by the market. Target costing begins with determining the target profit. Then, the company deducts the target profit from the market price in order to obtain the target cost.

6 0
3 years ago
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