Answer:
C. $5
Explanation:
Marginal utility is the benefit gained from consuming an additional unit of a product or service.
According to the question, Michael is maximizing utility when Marginal Utility / Price of colas is equal to Marginal Utility / Price of hotdogs. Marginal utility can thus be found by solving the following equation for X (the price of hot dog)
MU/P of Colas = MU/P of hot dogs
300/3 = 500/X
3/300 = X/500
X = (3/300) x 500
X = 0.01 x 500
X = 5
Hence, the price of each hot dog is $5.
Seven major elements of communication process are:
(1) sender
(2) ideas
(3) encoding
(4) communication channel
(5) receiver
(6) decoding
(7) feedback.
Answer:
$50
Explanation:
Calculation to determine the intrinsic per share stock price be immediately after the repurchase
First step
Total Assets=Value of operations of 20,000+ Short term investments of 1000
Total Assets=$21,000
Second step
Equity =Assets - Debt
Equity= $21,000-$6,000
Equity= $15,000
Now let determine the intrinsic per share stock price
Intrinsic per share stock price=$15,000/300
Intrinsic per share stock price=$50
Therefore the Intrinsic value per share will be $50 immediately after the repurchase has occured.
Answer:
The spending variance for "Employee salaries and wages" for March would have been closest to $1,200F
.
Explanation:
Customers served (q)
Employee salaries and wages ($58,400 + $1,000q)
The spending variance for "Employee salaries and wages" for March would have been closest to
Actual Results Flexible Budget Revenue and Spending Variances
(q) 26 26
($58,400 + $1,000q) $ 83,200 $ 84,400 $1,200F
Somebody whose job is to provide analytics or research should always be someone who is very good at quantitative analysis. They should be good with math and numbers, because their job is to analyze a business. The same goes for research. A good researcher is good at math because they have to analyze large datasets. This person would also be pretty detail-oriented because they need to make sure that they are not making small mistakes, as small mistakes could result in poor decisions that come out of their analysis.
Does that make sense?
