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vesna_86 [32]
3 years ago
5

DeShawn's Detailing is a service that details cars at the customers' homes or places of work. The cost to DeShawn to perform his

basic detailing package is $40, and he charges a price of $75 for this service. For a total price of $90, DeShawn will also detail the car's engine, a service that adds an additional $20 to the total cost of the package. A. What is DeShawn's marginal benefit if he sells a basic detailing package?
B. What is the marginal cost of adding the engine detailing to the basic detailing package?
C. Should DeShawn continue to offer the engine detailing service?
Business
1 answer:
dsp733 years ago
3 0

Answer:

A. What is DeShawn's marginal benefit if he sells a basic detailing package?

  • marginal benefit = marginal revenue - marginal cost = $75 - $40 = $35

B. What is the marginal cost of adding the engine detailing to the basic detailing package?

  • $20

C. Should DeShawn continue to offer the engine detailing service?

  • Yes. From an economic point of view, a firm maximizes its accounting profit when marginal revenue = marginal cost, and since DeShawn's marginal cost is still much lower than his marginal revenue, he should continue to offer it. From a marketing point of view, this premium service (it is more expensive) may be something that a certain percent of DeShawn's clients want and if he quitted that service he might lose the clients.

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Rick has been distressed over a long period of time. He has had problems coping with life and relating to people. In addition, h
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Answer:

personal distress, maladaptive behaviour, and deviance

Explanation:

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5 0
3 years ago
If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that does only one or the​ other,
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Complete Question:

If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that repairs only one or the other, this would be an example of __________.

Group of answer choices

A. economies of scope

B. economies of scale

C. monitoring

D. increasing transactions costs

Answer:

A. economies of scope

Explanation:

If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that does only one or the​ other, this would be an example of economies of scope.

Economies of scope can be defined as an economic factor which makes proportionate savings possible as well as reducing the cost of production when products are manufactured together instead of manufacturing them individually or separately.

4 0
3 years ago
An investor buys an 8% municipal bond in the secondary market on a 10% basis. The investor does not accrete the bond discount an
adell [148]

Answer: C

Explanation:

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5 0
3 years ago
Read 2 more answers
Classifying Costs as Materials, Labor, or Factory Overhead Indicate whether the following costs of Procter & Gamble, a maker
AfilCa [17]

Answer:

a. factory overhead cost

b. factory overhead cost

c. factory overhead cost

d. direct labor cost

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f. direct labor cost

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j. factory overhead cost

Explanation:

Direct Material Costs and Direct Labor Costs are easily traceable to the cost object whilst its difficult to trace Factory Overhead Costs to the cost object.

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3 years ago
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vagabundo [1.1K]
The question is incomplete and should state "Recent rains increase the demand for kayaks, as paddlers want to take advantage of the exciting river conditions on the Oconee river. New plastic technology makes kayaks less expensive to make, as a result, one should expect the equilibrium price of kayaks to purchased to fall and the equilibrium quantity of the kayaks to raise." The questions is also a true or false question. The answer will be false. It is false because both the equilibrium price will raise and so will the quantity. The increase in demand will will create a new curve in the demand which will raise the prices and the companies will make more kayaks. 
7 0
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