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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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In Agile projects early risk planning, assessment and response planning is done at a high level, and more detailed and timely ri
kkurt [141]

Answer:

TRUE

Explanation:

Quick program management relates to the factors which determine the success or failures of a task. Risk assessment doesn't need to provide structured risk reports and reviews on agility programs. Risk management is integrated into scrum jobs, tools, and activities.

Agile risk assessment is achieved more by then describing activities. Several Agile methods search throughout the process to define and minimize the risks.

4 0
3 years ago
Lester's just signed a contract that will provide the firm with annual cash inflows of $28,000, $35,000, and $42,000 over the ne
Free_Kalibri [48]

Answer:

$64,474.20

Explanation:

As for the information provided,

discount rate = 7.25%

First payment will be made at the end of year 1

Discounting factor = \frac{1}{(1+0.0725)^1} = 0.9324

Thus, current value of payment = 28,000 \times 0.9324 = $26,107.20

Discounting factor for receipts =

Year 1 = \frac{1}{(1+0.0725)^1} = 0.9324 = $28,000 \times 0.9324 = 26,107.20

Year 2 = \frac{1}{(1+0.0725)^2} = 0.8694 = 35,000 \times 0.8694 = 30,429

Year 3 = \frac{1}{(1+ 0.0725)^3} = 0.8106 = 42,000 \times 0.8106 = 34,045.20

Therefore, value of contract today = - $26,107.20 + $26,107.20 + $30,429.0 + $34,045.20 = $64,474.20

5 0
4 years ago
Based on your knowledge of word parts, complete the sentence with the correct word. sam had to mix __________ parts of the two c
AURORKA [14]
The answer for this question is. Sam had to mix equal parts of the two chemicals for the experiment. When we say equal, the same in number or amount. If equitably, dealing fairly or equitably with everyone. If equation, a complicated situation or issue. So the right answer is equal. 
0 0
3 years ago
Read 2 more answers
Union Local School District has bonds outstanding with a coupon rate of 4.9 percent paid semiannually and 20 years to maturity.
RUDIKE [14]

Answer:

Ans. Price of the bond is $9,250.57

Explanation:

Hi, first we need to establish the semi-annual coupon of the bond and the semi-annual discount rate (YTM semi-annually)

Coupon=10000*(4.9%/2)= $245

To turn the annaul YTM to semi-annual, we have to use the following equation

YTM(semi-annual)=(1+YTM)^{\frac{1}{2} } -1

YTM(semi-annual)=(1+0.056)^{\frac{1}{2} } -1=0.0276

After all this, we are ready to find the price, here is the math of this.

Price=\frac{245((1+0.0276)^{39}-1) }{0.0276(1+0.0276)^{39} } +\frac{(245+10000)}{(1+0.0276)^{40} } =9250.57

Best of luck.

4 0
4 years ago
Fran wants to hire a diverse group of capable people to work at her brand new fitness studios. Unfortunately, many of the applic
Strike441 [17]

Answer:

use a combination of tests measuring both cognitive abilities and non-cognitive traits such as emotional intelligence and personality

Explanation:

In the given scenario many of the applicants Fran perceives as having good emotional intelligence and agreeable personalities (a plus for a fitness studio), do not score well on the cognitive ability test.

Since she wants people that have non-cognitive traits such as emotional intelligence and personality, and also good cognitive abilities.

She will need to use a combination of tests measuring both cognitive abilities and non-cognitive.

8 0
3 years ago
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