Generally, on a production possibilities curve, the optimal point is achieved where each good is produced at a level where marginal benefits equal marginal costs.
<h3>What is an
optimal point?</h3>
On a graph, this refers to the best or most favorable point on a graph curve etc
Hence, on the a production possibilities curve, the optimal point is achieved where each good is produced at a level where marginal benefits equal marginal costs.
Therefore, the Option B is correct.
Read more about optimal point
<em>brainly.com/question/92653</em>
#SPJ12
Answer:
good hope you're doing great!
Answer:
Option (c) is correct.
Explanation:
Variable manufacturing costs = $30000
Variable selling and administrative costs = $14000
Fixed manufacturing costs = $160000
Fixed selling and administrative costs = $120000
Investment = $1700000
ROI = 50%
Planned production and sales = 5000 pairs
ROI = Investment Value × ROI Rate
= $1,700,000 × 50%
= $850,000
Desired ROI per Pair of Shoes :-
= ROI ÷ Planned production and sales
= $850,000 ÷ 5000 pairs
= $170
A process for two or more people coming together to operate an investment, such as partnerships or corporations, is Franchise.
<h3>What is franchise?</h3>
Franchise is a type of business that is owned and operated by an individual (franchisee) but that is branded and overseen by a much larger entity.
Advantages of owing a franchise are :
- A franchise owner gets valuable help throughout the lifespan of the business.
- Owning a franchise comes with a low rate of failure.
Therefore, franchise is a process whereby two or more people come together to operate an investment, such as partnerships or corporations.
Learn more about franchise here: brainly.com/question/3687222
Answer:
Explanation:
So, we are looking for a linear equation. As we know Equation of a line has different forms, let´s use slope-intercept form:
Where C is the total cost as a function of t, t is the amount of airtime in minutes, m is the slope and b is the y-intercept
Now, let´s use the data provide in order to find m and b:
(E1)
(E2)
We have a 2X2 system of equations, let´s solve it using elimination method:
Replacing b in (E1) or (E2):
Knowing the slope m and the y-intercept b the linear model that represents the total cost as a function of t is:
You can check the results evaluating t=150 and t=300, the results must be 40 and 55 respectively
