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Fantom [35]
3 years ago
15

Your opportunity cost of cutting hair at your barbershop is $20 per hour. Electricity costs $6 per hour, and your weekly rent is

$250. You normally stay open nine hours per day. What is the marginal cost of staying open for one more hour?
A) $276
B) $26
C) $250
D) $37
Business
1 answer:
Brilliant_brown [7]3 years ago
3 0

Answer:

B) $26

Explanation:

Marginal Cost Formula:

Marginal Cost = Change in total cost / Change in quantity

Marginal Cost = (2070-1888) / 10-9

Marginal Cost = 182/1

Marginal Cost = $182

Marginal Cost = 182/70 = $26/hour

Working:

9 hours a day

Number of Hours worked during week = 9x7 = 63 hours

Total Cost = ((20+6)x63)+250 = $1,888

10 hours a day

Number of Hours worked during week = 10x7 = 70 hours

Total Cost = ((20+6)x70)+250 = $2,070

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Answer:

The correct answer is letter "C": lumber mill.

Explanation:

Job orders are forms that are given to workers that typically represent a third party to a company so they can perform a specific work. Besides, the job order includes the time expected for the worker to finish the job, the estimated wage charged, the materials needed to perform the job, and the number of employees necessary.

<em>Lumber mills</em> typically work with job orders to provide with cut pieces of wood to furniture enterprises.

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When there is no room for growth within a company, an employee cannot __________. a. Be promoted to new positions horizontally b
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D. be promoted vertically to new positions
7 0
2 years ago
When modeling the flow of income and expenditures in an economy the two principal participants are households (consumers) and fi
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Answer:

It must be found that the income of a home flows in a very habitual way day by day because the expenses that are generated in the daily living are many.

Regardless of the number of family members that make up a household, the flow of income will always correspond to a good or benefit to satisfy a basic or secondary need.

Explanation:

Other income that can flow from a household are those that are made through bank transactions, for scholarship payments, credit cards, or other types of transactions that allow households to make a profit.

4 0
3 years ago
You are thinking about a project to expand your business. In order to start the project, you have to invest $200,000 in new equi
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Answer:

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cost of new machine= $200,000

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working capital=$50,000

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