Answer:
b.significance testing is answer.
Explanation:
I hope it's helpful!
Answer: Maslow's hierarchy of needs
Explanation:
Maslow's hierarchy of needs is referred to as or known as a theory which was proposed by the American psychologist Abraham Maslow, that tends to put forth the notion/idea that individuals are usually/mostly motivated by the following five categories of need, i.e. safety, physiological, esteem, love, and also self-actualization.
Answer:
a. What is the MRP? What is the MRC? Should the firm add this delivery vehicle?
marginal revenue product = marginal product of labor x marginal revenue per output unit
MRP = 1,500 packages x $0.10 per package = $150
marginal resource cost (MRC) = $100 (the cost of renting the delivery truck)
The company should add the delivery truck because MRP is higher than MRC.
b. Now suppose that the cost of renting a vehicle doubles to $200 per day. What are the MRP and MRC in this situation?
MRP = $150 (doesn't change from question a)
MRC = $200 (the cost of renting the delivery truck)
The company should not add the delivery truck because MRP is less than MRC.
c. Next suppose that the cost of renting a vehicle falls back down to $100 per day, but, due to extremely congested freeways, an additional vehicle would only be able to deliver 750 packages per day. What are the MRP and MRC in this situation? Would adding a vehicle under these circumstances increase the firm's profits?
MRP = 750 packages x $0.10 per package = $75
MRC = $100
The company should not add the delivery truck because MRP is less than MRC.
Answer and Explanation:
The computation is shown below:
Amount to be recovered = $710,000
Present value of bargain purchase option is
= $100,000 × PV factor at 5% for 5th period
= $100,000 × 0.783526166
= $78,352.62
The Amount to be recoverd via periodic lease payment is
= $710,000 - $78,352.62
= $631,647.38
The Annual lease payment is
= $631,647.38 ÷ Cumulative PV factor for annuity due at 5% for 5 periods
= $631,647.38 ÷ 4.545951
= $138,947.25
