Answer:
If closed the operating income will decrease by 50,000
Is a better scenario to continue with the residential sercives
Explanation:
<em><u>current scenario:</u></em>
contribution margin 450,000
Fixed Cost 480,000
net loss 30,000
<em><u>drop scenario:</u></em>
contribution margin = 0
fixed cost 450,000-370,000 = 80,000
net loss (80,000)
Answer: Jessica's implicit costs are $46,000.
Implicit costs are the benefits that an individual gives up when they take a decision. Implicit costs are also known as opportunity costs.
In this case, Jessica will lose her salary of $40,000 each year. She will also lose the rent of $6000 a year from the building if she opens her fast food joint. So, total implicit costs are:
Answer:
C. a derived demand.
Explanation:
Derived demand is a rise in the demand of a product due to the increase in demand for related or intermediate goods. If two distinct goods or services are used together, a rise in the demand of one will cause the demand for the other to rise. Products or services used together are called complementary goods.
Derived demand is primarily as a result of the usage of a product in the production or consumption of other goods or services. In this case, the demand for workers is solely due to a rise in the demand for cars. Should the demand for vehicles decrease, then the demand for workers will fall.
The leading cause of sources of petroleum in North America is because of the Exclusive Economic Zone. This has resulted in several petroleum companies queuing up in North America. Business wise economic zones are of high importance as they are given several facilities that are not available elsewhere.
Using a cost-benefit analysis to make ethical decisions about research reflects a(n) Utalitarian perspective.
<h3>What Is Utilitarianism?</h3>
The term Utilitarianism is known to be a kind of a theory that is based on morality and this is known to be one that tends to advocates for actions that brings about happiness or pleasure and it is one that is against actions that leads to unhappiness or harm.
Hence, if directed toward creating social, economic, or political decisions, a utilitarian philosophy is said to often aim for the growth of society as one or as a whole.
Hence, Using a cost-benefit analysis to make ethical decisions about research reflects a(n) Utalitarian perspective.
Learn more about Utalitarian perspective from
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