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Margarita [4]
3 years ago
9

Lionel's Lawn Care is a company that maintains residential yards. Lionel's cost for his standard package of mowing, edging, and

trimming is $15, and he charges $25 for this service. For a total price of $40, Lionel will also trim shrubs, a service that adds an additional$10 to the total cost of the standard package. What is Lionel's marginal benefit if he sells thestandard package?A) $10B) $15C) $25D) $40
Business
1 answer:
Rudiy273 years ago
5 0

Answer:

Option "B" is the correct answer to the following statement.

$15

Explanation:

Marginal revenue is the extra revenue produced from increasing sales of a single unit of the commodity. Marginal benefit is the income received by a business or entity when the creation and distribution of one extra or marginal product.

Marginal Benefit = New revenue - Old revenue

                            = ($40) - ($25)

                            =$15

So,the Marginal Benefit for Lionel's Lawn Care is $15 .

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Problem 7-5 Coupon Rates [LO2] Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity
kakasveta [241]

Answer:

5.32%

Explanation:

The computation of the coupon rate on the bonds is shown below:

As we know that

Current price = Annual coupon × Present value of annuity factor(6.1%,8 ) + $1,000 × Present value of discounting factor(6.1%,8)

$952 = Annual coupon × 6.18529143 + $1,000 × 0.622697222

Annual coupon is

= ($952 - 622.697222) ÷ 6.18529143

= $53.24

Now

Coupon rate is

= Annual coupon ÷ Face value

= $53.24 ÷ $1,000

= 5.32%

Working notes:

1. Present value of annuity is

= Annuity × [1 - (1 + interest rate)^-time period] ÷ rate

= Annual coupon × [1 - (1.061)^-8] ÷ 0.061

= Annual coupon × 6.18529143

And,

2.Present value of discounting factor is

= $1,000 ÷ 1.061^8

= $1000 × 0.622697222

4 0
2 years ago
Suppose the Japanese economy has been experiencing slow growth. As a result, the Prime Minister, who thinks John Maynard Keynes
snow_tiger [21]

Answer: The recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen

Explanation:

From the question, we are informed that GDP gap of 1 trillion yen and the marginal propensity to consume (MPC) is 0.60. Also, to close the GDP gap, the prime minister has decided to increase government spending. This means that there will be a recessionary gap because the actual GDP will be less than the potential GDP.

Fir the economy to be brought to its potential GDP, the spending of the government will give a stimulus to the economy. Since MPC is 0.6, the multiplier will be:

= 1/1-MPC

= 1/1 - 0.6

= 1/0.4

= 2.5

The government spending will then increase in order to close the recessionary gap as:

∆Y = ∆G × Multiplier

100 = ∆G × 2.5

∆G = 100/2.5

∆G = 40

Therefore, the recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen.

4 0
3 years ago
Why should you understand what you can and cannot copyright?
Alexeev081 [22]

Answer:

Copyright is important as it helps to protect the value of an author/academic/researchers work, by giving the originator of the work the ability to protect it from unlicensed or uncredited usage.

Explanation:

5 0
2 years ago
Read 2 more answers
Sujin must send an email about longer working hours and salary increase to all the employees who work in her organization. Which
serious [3.7K]

Sujin's organizing strategy should be answering all the questions the employees are likely to have in the email, as stated in option A and explained below.

<h3>How should Sujin organize her email?</h3>

Since employees might end up having doubts and questions about the new work schedule and the salary increase, Sujin should try her best to predict, so to speak, those questions and address them in the email.

By using such an organizing strategy, Sujin will be able to convey the necessary information while avoiding being flooded with responses filled with questions.

With the information above in mind, we can choose option A as the correct answer.

The missing answer choices for this question are the following:

  • She should answer all the questions the employees are likely to have in the email.
  • She should end the email by giving importance to the message and not the employees.
  • She should place the good news at the end of the message and the bad news in the middle of the message.
  • She should not present the bad news in a positive way, as it might confuse the employees.

Learn more about writing emails here:

brainly.com/question/24688558

#SPJ1

4 0
1 year ago
Livingston Co. uses process costing to account for the production of elastic bands. Direct materials are added at the beginning
madam [21]

Answer:

The total cost per unit using the weighted average method would be:

$15,97  

Explanation:

                Materials   Conversion Costs  

Begining  $ 14,000         $ 8,000  

APRIL          $ 72,000        $ 80,000  

TOTAL          $ 86,000 $ 88,000  

Units               8,000   8,000  

                       100% 50%  

WIP                4,000   2,000  

TOTAL              12,000   10,000  

USD/Unit          7,17              8,80   $15,97  

3 0
3 years ago
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