1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lakkis [162]
3 years ago
10

5) A car rental company offers two plans for one way rentals. Plan I charges $36 per day and 17 cents per mile. Plan II charges

$24 per day and 25 cents per mile. a. If you were to drive 300 miles in a day, which plan is better? b. For what mileage are both rates equal?
Business
1 answer:
Rom4ik [11]3 years ago
6 0

Answer:

a. Plan I is better is we drive 300 miles in a day.

b. 150 miles.

Explanation:

a. if mileage is 300 then rental charges will be,

Plan I : $36 + 17 cents * miles

$36 + 0.17 * 300 = $41.10.

Plan II : $24 + 25 cents * miles

$24 + 0.25 * 300 = $99.00

Plan I total cost for 300 miles is $41.10 whereas Plan II total cost for 300 miles is $99.00. Plan I is better plan and cost effective.

b. For mileage (m) calculation we will use equation;

Plan I = Plan II

$36 + 0.17m = $24 +0.25m

0.25m - 0.17m = $36 - $24

m = $12 / 0.08

m = 150 miles.

You might be interested in
________ is the active buying and selling of the domestic currency against foreign currencies.
Marysya12 [62]
The answer is "Direct interventions".

Interventions are either direct or indirect. Direct interventions refers to active purchasing and offering of local cash against outside foreign currencies. In the event that the objective were to expand estimation of local cash then they would BUY its own money utilizing its foreign trade holds. 
6 0
3 years ago
When marketers evaluate the attractiveness of each potential segment and decide in which of these groups they will invest resour
Iteru [2.4K]

When marketers evaluate the attractiveness of each potential segment and decide in which of these groups, they are engaging in​ targeting.

A serviceable obtainable market also known as a target market, can be defined as a group of customers within a business's serviceable available market at which a business aims its marketing efforts and resources. A  serviceable obtainable market  is a subset of the total market for a service or product. Target market used to helps increase the effectivity of the campaign.

There are 5 different types of targeting, such as:

  • Behavioral Targeting
  • Contextual Targeting
  • Search Retargeting
  • Site Retargeting
  • Predictive Targeting

Learn more about target marketing here brainly.com/question/13363009

#SPJ4

5 0
1 year ago
What is the action called that unreasonably restricts competition and functions against the public interest?
vodomira [7]

There is a violation of antitrust laws that happens that unreasonably restricts competition and functions against the public interest. This is just one of the three parameters that apply to a business and how they may violate antitrust laws. An Antitrust law is a state and federal recognized law that is in place so that there can be adequate business competition.

4 0
3 years ago
_____ tend to move in anticipation of the business cycle, turning up in anticipation of recovery and turning down at signs of ec
pogonyaev
Capital goods tend to move in anticipation of the business cycle, turning up in anticipation of recovery and turning down at signs of economic weakness.
7 0
3 years ago
Simko Company issued $750,000, 8-year, 6 percent bonds on January 1, 2018. The bonds were issued for $710,000. Interest is payab
11Alexandr11 [23.1K]

Answer:

Bond issuance:

Dr cash                                          $710,000

Dr discount on bonds payable    $40,000

Cr bonds payable                                           $750,000

The payment of interest on December 31, 2018:

Dr interest expense     $50,000

Cr discount on bonds payable    $5000

Cr cash                                           $45,000

Explanation:

The bonds were issued at a discount to their face value, as a result, the discount on bonds payable is computed thus:

discount on bonds payable=$750,000-$710,000=$40,000

Bonds payable would be credited with $750,000 while cash and discount on bonds payable would be debited with $710,000 and $40,000 respectively

annual discount amortization=$40,000/8=$5000

annual coupon=$750,000*6%=$45000

6 0
3 years ago
Other questions:
  • If a firm can earn ________, the firm is creating value for its shareholders.
    11·1 answer
  • In order to understand a customer's wants, a marketer must understand __________?
    14·1 answer
  • he following information is provided for crashing analysis. Task NT CT Normal cost Crash cost Imm. Pred. A 8 6 1400 1600 -- B 5
    8·1 answer
  • Dunwich is a small village; in 2014, its GDP was $10,000 and its population was 10 people. In 2015, GDP in Dunwich decreased to
    7·1 answer
  • Jeanne is 54 years old. She had worked as a medical research librarian for ten years before quitting in her late forties. She wa
    9·1 answer
  • A researcher wanted to determine the mean number of hours per week (Sunday through Saturday) the typical person watches televisi
    9·1 answer
  • You, the manager of an electronics store, have asked the salespeople in the camera department and the computer department to com
    11·1 answer
  • Which of the following describes a person's financial debt or obligation?
    13·2 answers
  • The following information about the payroll for the week ended December 30 was obtained from the records of Boltz Co.:Salaries:
    14·1 answer
  • You are replacing a team’s leader and have noticed a number of team norms. If you are wondering how certain behaviors got establ
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!