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3 years ago

Which of the following 2 goods would most likely experience the law of increasing opportunity cost?

Business

2 answers:

inn [45]3 years ago

8 0

The correct answer would be A

blagie [28]3 years ago

5 0

Which of the following 2 goods would most likely experience the law of increasing opportunity cost?

A.replacing cattle ranches with goat ranches.

I hope helped ^-^

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Iaci Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The

eimsori [14]

Questions

Iaci Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product X Product Y Total Allocated joint processing costs $22,400 $19,600 $42,000 Sales value at split-off point $32,000 $28,000 $60,000 Costs of further processing $11,600 $25,300 $36,900 Sales value after further processing $44,800 $53,200 $98,000 Required: (a) What is the net monetary advantage (disadvantage) of processing Product X beyond the split-off point?

Answer:

Net advantage from further processing $1,200 

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.

Also note that all the joint costs incurred up to the split-off point are irrelevant to the decision to process further any of the .

Net monetary advantage of product X

Sales revenue after the split-off point 44,800

Sales revenue at the split-off point (32,000)

Additional sales revenue 12,800

Further processing cost (11,600)

Net advantage from further processing 1,200

Net advantage from further processing $1,200 

4 0

3 years ago

Increased capital investment is generally used for what business expenses?

Aleksandr [31]

A. Capital expenditures

3 0

2 years ago

Suppose your salary in 2012 is $70,000. Assuming an annual inflation rate of 7%, what salary do you need to earn in 2019 in orde

Yanka [14]

Answer:

Salary 2019= $112,404.7

Explanation:

Giving the following information:

Salary 2012= $70,000

Inflation rate= 7%

Salary 2019= ?

To calculate the nominal value of your salary to maintain the purchasing power, we need to use the following formula:

FV= PV*(1+i)^n

FV= 70,000*(1.07^7)

FV= $112,404.7

3 0

3 years ago

A public franchise A. is a corporation that is owned by stockholders. B. is an unregulated monopoly necessary for the public goo

OlgaM077 [116]

Answer:

The correct answer is D. is a government designation that a private firm is the only legal producer of a good or service.

Explanation:

The Franchise is a type of contract in which one company (the franchisor) grants to another (the franchisee) the right to market certain products or services within a given geographical area and under certain conditions, in exchange for financial compensation.

Therefore we have two main figures:

The franchisor: provides marketing rights so that the franchisor can use its brand, the commercial name and the design of the franchisee's establishment. In most cases, these elements cannot be modified to maintain the same levels of quality and form of the franchisor. In addition, the know-how, business experience and technical and commercial assistance during the term of the agreement are also provided.
The franchisee: the owner of the business and who makes the necessary investments for its implementation, in addition to paying a fee to the franchisor to use your brand. This fee is like a "right of entry" into the business, in addition periodic amounts may also be established in the contract according to the volume of sales and / or technical and commercial assistance. In addition, the franchisee exclusively has the franchise regime with respect to a specific geographical area and a type of products.

5 0

3 years ago

Being resourceful and creative are two highly desirable skills at a workplace. Discuss an idea of yours or an innovation that yo

liq [111]

Answer (1)

In today's world, if any organisation want to remain on the top and competitive, it has to be creative and innovative as well. Creativity is the thinking of an novel idea whereas its implication in the form of actual product or service is known as innovation.

I have an creative idea. In marketing, customer needs to served profitably with meeting their needs. For this purpose they need to be managed effectively. Customer relationship Management is the domain in which each and every single customer's data is saved. Customers are asked for the membership to save their data. Then next time with the help of their name, entire record of theirs can be retrieved. My idea is, instead of asking their name each and every single time, their voice frequency should be saved in the mobile device, which next time when they say "HELLO" can recognize them and present their all data to the concerned salesperson.

Answer (2)

* I have many novel ideas related to hotel industry. As far my interests are concerned, Hotels can have a library in it, which can send customers the books of their interests in their rooms.

* Hotels can start cooking the food inside the customers room in front of them so they can see the live cooking, enjoying the whole process, checking the quality of ingredients.

* Hotels should have that kind of cinema where you can select the movie by yourself.

* Hotel's Kitchen should have open excess to everyone staying in that hotel so they can have interaction with the chefs to check the cooking processes of that hotel.

7 0

4 years ago