Answer:
The company will have financial advantage as it is able to generate more revenue then earlier. The company can benefit from increase of fixed selling expense by selling more units and generating more profits.
Explanation:
If Andretti company produces and sells 89,000 daks at $44 per dak then it can generate revenue of $3,916,000.
If the company increases the selling expense it can increase the sales by 35% above the current level of 89,000, the company can sell 120,150 units at $44 per unit which generates the revenue of $5,286,600. There will be additional selling expense of $140,000. The net gain to the Andretti company after the increase of sales will be 5,146,000 ($5,286,600 - $140,000).
There is net gain to to company of $1,230,000 ($5,286,600 - $3,916,000)
Answer:
Sue's opportunity cost of changing oil is <u>more</u> than Fred's and her opportunity cost for changing tires is <u>less</u> than Fred's.
Explanation:
Opportunity Cost is the value of next best alternative sacrifised while choosing an alternative. Eg : If I can read English or Science & opportunity cost of reading it is reading Science.
Oil Tires Sacrifise Ratio (Oil:Tires)
Sue 20 20 20:20 = 1:1
Fred 20 10 20:10 = 2:1 or 1:0.5
Sue can change oil by sacrifising 1 unit tire, Fred can change oil by sacrifising 0.5 unit of tire. So, Sue's opportunity cost of changing oil is more than Fred's .
Fred can change tire by sacrifising 2 units of oil, Sue can change tire by sacrifising 1 unit of oil. So, Sue's opportunity cost of changing tires is less than Fred's.
In most situations, the simplest, easiest, and most cost-effective way to acquire new technology is to:<span>BUY IT</span>
Answer:
The statement is true
Explanation:
Utility is defined as the usefulness which a customer can get from acquiring a service or good.
MU (Marginal Utility) is the one which is the additional utility or goods or service gained or acquired by a customer, from the consumption of 1 additional unit. In other words, it is the usefulness which is obtained from gaining one more or additional unit of a product.
Therefore, the statement is true.
English, end, enpowering engagement estate, and environment