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3 years ago

Suppose the cost of 5 pencils is $1.50. The cost of 6 pencils is $1.75. The marginal cost of the sixth pencil is

Business

1 answer:

nataly862011 [7]3 years ago

4 0

Answer:

$0.25

Explanation:

The marginal cost of the sixth pencil is given by the difference in total cost of purchasing 6 pencils from the cost of purchasing 5 pencils. That is, the change in cost caused by the addition of the sixth unit of output:

$MC = \$1.75-\$1.50 = \$0.25$

The marginal cost of the sixth pencil is $0.25

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TeleGlobal is an American firm producing TV sets. TeleGlobal imports TV set components from Taiwan and assemb them domestically.

vichka [17]

Answer:

The right choice is Option c (110.0%).

Explanation:

⇒ $Effective \ rate \ of \ protection = tariff \ rate \ on \ imported \ finished \ good + price \ of \ Component\times \frac{(tariff \ on \ imported \ good- tariff \ on \ imported \ component)}{(Price \ of \ finished \ good - Price \ of \ components)}$

On estimating the values, we get

⇒ = $30 \ percent + (80 \ percent\times 500)\times \frac{(30 \ percent - 10 \ percent)}{500-80 \ percent\times 500}$

⇒ = $110 \ percent$

Note: percent = %

3 0

3 years ago

Jill is exploring multiple suppliers in order to find the best price. However, instead of calling all eight potential suppliers,

tigry1 [53]

The concept that best describes Jill's action of contacting only the first three suppliers instead of calling all eight suppliers is <u>A) cognitive limitations.</u>

<h3>What are cognitive limitations?</h3>

Cognitive limitations are the human and information processing restrictions imposed on decision-making. The originate from the limited human cognitive nature and information processing abilities. Cognitive limitations lead to probability distortions. They cause errors in decision-making.

The implication of Jill's action is that she might be making the wrong decisions.

<h3>Answer Options:</h3>

A) cognitive limitations.

B) optimal decision making.

C) the illusion of control.

D) escalating commitment.

Thus, the concept that best describes Jill's action of contacting only the first three suppliers instead of calling all eight suppliers is <u>Option A</u>.

Learn more about cognitive limitations at brainly.com/question/13649097

7 0

2 years ago

Which of the following business document contains preprinted blanks to be filled in?

stira [4]

The answer to the question is a form

4 0

3 years ago

Read 2 more answers

Suppose that while melissa was on the coast, she also spent two days sightseeing the national parks in the area. to do the sight

Virty [35]

Most of the times when a personnel is sent for an official business trip, transportation and lodging, and sometimes even meals are shouldered by the company.

In the statement given above, it is noted that the meals that Melissa took are considered personal in nature. Hence, she can deduct this from the business expenses.

8 0

3 years ago

Two or more organizations that join forces in order to achieve advantages that neither can perform as well alone are known as __

SpyIntel [72]

Answer:

correct answer is Strategic allies

Explanation:

Strategic allies is a arrangement between 2 or more than 2 organization for undertaking mutual beneficial projects even both retain their independence.

as they have less complex than a joint venture

and for improving their product and development competitor in the market , they can enter into a strategic alliance

so as that both organizations can work on common coal with benefit

so correct answer is Strategic allies

5 0

3 years ago