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Alona [7]
3 years ago
10

You are hired as a consultant for a local restaurant. It is considering whether to close at​ 9:00 p.m., stay open an extra hour​

(10:00 p.m.), or close earlier​ (8:00 p.m.). Based on wages and utility​ bills, the added cost​ (the marginal​ cost) of staying open for each additional hour is ​$404.If the additional revenue​ (the marginal​ revenue) during the last hour is ​$444​, the profit earned during the last hour of operation will be​ $ _______.
Business
1 answer:
Lyrx [107]3 years ago
8 0

Answer:

$40

Explanation:

Profit made is the difference between revenue earned and cost incurred by an entity.

Marginal profit is thus a difference between the additional sales during the added time and the additional cost incurred.

As such, for the local restaurant;

Profit earned during the last hour given that for each additional hour is ​$404 and the additional revenue​ (the marginal​ revenue) during the last hour is ​$444​

= $444 - $404

= $40

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Answer:

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3 years ago
Tara wants to put a small portion of every paycheck into a low-risk investment. which would be her best option?
nydimaria [60]

Tara's best option to put a small portion of every paycheck into a low-risk investment is investing in an S&P 500 index fund.

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1 year ago
The Whalers are interested in trading their star left tackle. He is a veteran and makes $1.6 million per year. They are consider
Romashka-Z-Leto [24]

Answer:

$1,800,000

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3 0
3 years ago
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2 years ago
Question 1
Virty [35]
<span>Which choice is the correct statement about "comprehensive" insurance?
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Question 2
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D. Both B and C.

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