Answer:
These are the options for the question:
A. They should be more willing to tear down the $5 million stadium, because it cost less to build.
B. They should be more willing to tear down the $50 million stadium, because it cost more to build.
C. The cost to build the old stadium shouldn’t be considered.
And this is the correct answer:
A. They should be more willing to tear down the $5 million stadium, because it cost less to build.
Explanation:
City A will likely be more willing to tear down its old stadium because it costed $5 million to build. City B, on the other hand, will have to think twice because a stadium that costed $50 billion to build could have more value than it seems, or the City could simply not have enough money to build a better new stadium (something that would probably cost more than $50 billion to do).
Answer:
I want to become a very accomplished writer, and a dog trainer
Answer:
The correct answer is letter "B": Joint venture.
Explanation:
In a Joint Venture, two or more businesses agree to contribute to capital and resources for a common project. Usually, developers, manufacturers, and service providers agree to form a joint venture. If successful, those parties split the profit based on the value of their respective contribution to the joint venture.
Answer:
An increase in the unit (per pill) contribution margin.
Explanation:
Breakeven point is defined as the level of sales where total cost is equal to total revenue.
The formula is given as
Breakeven= Fixed cost ÷ (Sales revenue -Variable cost)
Note the Sales revenue less variable cost is the contributing margin.
Breakeven= Fixed cost ÷ Contributing margin
To reduce breakeven we must either reduce the numerator or increase the denominator.
In this case an increase in contributing margin will result in a decrease in breakeven amount of the company.
