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loris [4]
4 years ago
7

Sally runs a hair styling salon. sally is a profit-maximizing owner whose firm operates in a competitive market. the marginal co

st of a haircut is $15. what is the maximum wage that sally will pay her stylists?
Business
1 answer:
Dima020 [189]4 years ago
3 0
<span>There is insufficient information to answer this question</span>
You might be interested in
On December 31 of Swift Co.’s first year, $70,000 of accounts receivable is not yet collected. Swift estimates that $4,000 of it
pishuonlain [190]

Answer:

1. $66,000

2. $66,000

Explanation:

The computations are shown below:

1. Before written off:

= Account receivable balance - uncollectible amount

= $70,000 - $4,000

= $66,000

2. After written off:

= Account receivable balance - second year written off amount - uncollectible amount + second year written off amount

= $70,000 - $700 - $4,000 + $700

= $66,000

8 0
4 years ago
A measure of the outcome of a decision such as profit, cost, or time is known as a _____. a. forecasting index b. payoff c. bran
ValentinkaMS [17]

Answer:

b. payoff

Explanation:

In the context of business, this measurement is known as a payoff. In other words, it refers to whatever is obtained as a final result from a specific outcome generated after making specific decisions. Every business decisions revolve around what the potential payoffs will be in order to decide whether or not they will be worth making and if the benefits outweigh the negative aspects.

6 0
3 years ago
What are the three functions of money? A store of value, a bank reserve holding, a medium of exchange A medium of exchange, a un
solmaris [256]
The answer is B. It’s B because I really don’t know I just said something
5 0
3 years ago
Which of the following describes a developing nation?
natima [27]
<span>The one that describes a developing nation is A, a command economy with a low human development index. The developing country or also known as the industrialized nation is a sovereign express that has an exceptionally created economy and progressed innovative foundation with respect to different less industrialized countries.</span>
3 0
3 years ago
A timeline for a strategic plan can be as long as 10 years. However, the timeline for a strategic plan for a company is generall
svetoff [14.1K]

Answer:

The correct answer is C

Explanation:

Strategic planning is defined as the document which reflect or states how the plans of the company to function as well as grow over the period of time, which mostly 3- 5 years. This is grounded on the mission statement, goals and core values.

In the strategic planning process, there is no specific timeline which need to be followed, but most of the business usually have the plan for 1-2 years or 2-3 years and others create a fresh plan annually.

6 0
3 years ago
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