Answer:
$22 per pound
Explanation:
The computation of the differential revenue of producing and selling Product C is shown below:
= Sale value per pound of product C - Sale value per pound of product B
= $82 per pound - $60 per pound
= $22 per pound
By subtracting the Sale value per pound of product B from the Sale value per pound of product C we can get the differential revenue and the same is shown above
Answer:
C. Agents
Explanation:
They are sales representatives for manufacturers or wholesalers and usually are hired on a commission basis.
<span>If pizza and hamburgers are substitutes, then a rise in pizza prices will cause consumers to move to hamburgers instead. Assuming a fixed supply curve for hamburgers, this will push out the demand curve, which will cause the equilibrium of the two curves to move to a point of higher price and higher quantity. As such, the correct answer is b: a rise; an increase.</span>
