Answer:
To avoid possible agency problems, <em>profit sharing</em> should be included in your offer
Explanation:
<em>Profit sharing</em> has to be included to ensure trust and to also gain the new general manager's trust
Answer:
total cost = $22
Explanation:
given data
assistant coach earn = $13 per hour
admission fee = $9
solution
we get here total cost of skipping practice and going to the carnival is express as
total cost = assistant coach earning + admission fee .....................1
because here he losses a hour in work and additionally spending in carnival
so now put here value in equation 1 we get
total cost = $13 + $9
total cost = $22
Answer:
<em>Increase in quantity demanded</em>
Explanation:
Demand for a product is the different quantities of that product that consumers are willing and ready to pay for at different prices.
There are many factors that affect the demand for a product; these include change in the price of the product, price of related products, change in consumer income, change in fashion, taste and style.
<u><em>Change in quantity demand</em></u>
Specifically, the law of demand states that there is an inverse relationship between quantity demand and its price. Change in quantity demand is a movement along the demand curve.
<em>A change in the price of a product will produce an opposite change in the quantity that consumers are willing to buy assuming all other factors do not change. This is referred as to as change in quantity demand. This can either be an increase or a decrease depending on the direction of the price movement.</em>
<u><em>Change in demand</em></u>
<em>Change in demand is the shift in the demand curve to either right or left. This can be attributed to any of the factors that affect demand other the price e.g change in income.</em>
<em>Therefore a decrease in the price of laptop computers will lead to an increase in the quantity demanded</em> .
Answer:
The answer is stated below:
Explanation:
Taking the highest and second lowest cost and miles driven as:
Cost = Highest - Lowest
Cost = $15,000 - $14,150
Cost = $850
Miles Driven = Highest - Lowest
Miles driven = 8,500 - 8,000
Miles Driven = 500
So,
= Cost / Miles driven
= $850 / 500
= $1.70
Total Cost would be 15,000 and 13,500
So, computing the variable cost as:
Variable cost of highest cost (VC) = Miles driven of $15,000 cost × $1.70
VC = 8,500× $1.70
VC = $14,450
Variable cost of lowest cost (VC) = Miles driven of $13,500 cost × $1.70
VC = 7,500× $1.70
VC = $12,750
Computing fixed cost as:
Fixed cost of highest cost = Total cost - VC
= $15,000 - $14,450
= $550
Fixed cost of lowest cost = Total cost - VC
= $13,500 - $12,750
= $750
Answer:
A
Explanation:
the sales price increase and because the variable cost are the same the contribution margin will increase, which lead to think the BEP is lower.
But, because the fixed cost also increase we cannot determinate where the new BEP Will be higher or lower. The fixed cost could increase so much that nulifies the increase in the contribution margin or even be higher enought that the BEP goes higher.
So Option A is the only true statment.
