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svlad2 [7]
3 years ago
15

Suppose that Marie is buying bananas. She decides that she would like to purchase three bananas at the price of $0.25 per banana

, but not a fourth banana. Which of the five foundations of economics, illustrated above, best describes Marie’s thinking?A. opportunity cost B. trade-offs C. marginal thinking D. trade creates value E. incentives
Business
1 answer:
dmitriy555 [2]3 years ago
6 0

Answer:

The correct answer is letter "C": marginal thinking.

Explanation:

Marginal Cost of Production is an economic term that refers to the change in production costs resulting in producing one more unit. It is most often used within manufacturers as a means of identifying an optimum production level. The formula to calculate the cost of production is the change in total production cost divided by the change in total quantity produced.

As Marie is analyzing the extra benefit and cost of buying one more banana,  economists would say she is performing "<em>marginal thinking</em>".

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Sometimes speakers eliminate details from their speeches in an attempt to influence audience opinion. This concern relates to wh
nikitadnepr [17]

Answer:

The correct answer is letter "A": Avoid purposeful ambiguity.

Explanation:

Ambiguity represents an obstacle while giving a speech. Speakers must review their speech to find out if there are segments that might not be clear for the audience, to <em>clarify </em>them or simply <em>avoiding </em>without changing the overall meaning of the message that is intended to be provided.

8 0
3 years ago
Hockey Accessories Corporation manufactured 21 comma 600 duffle bags during March. The following fixed overhead data pertain to​
Agata [3.3K]

Answer:

D) $8,200 favorable

Explanation:

Hockey Accessories Corporation manufactured 21,600 duffle bags during March. The following data pertain to ​March:

                                                      Actual                      Static Budget

Production                                 21,600 units                22,000 units

Machine hours                           1,150 hours                  2,200 hours

Fixed overhead costs                 $ 84,200                    $ 92,400

What is the amount of fixed overhead spending​ variance?

Hockey Accessories Corporation estimated its fixed overhead costs at $92,400, but the actual overhead costs were only $84,200. The difference between estimated and actual costs is $8,200 favorable variance (= $92,400 - $84,200) since the fixed overhead costs were lower than estimated.

4 0
2 years ago
Branford Inc. reported the following results from the sale of 24,000 units of SR-90:
Liula [17]

Answer:

d. None of the answers is correct

$17,000 increase

Explanation:

As per the given question the solution is provided below:-

For reaching the change in income if the special order is accepted we need to follow some steps which are as follows:-

Step 1

Variable manufacturing cost per unit = Variable manufacturing costs ÷ Sale units

= $240,000 ÷ 24,000

= $10

Step 2

Cost related with special order = Number of units × Variable manufacturing cost per unit

= 3,400 × $10

= $34,000

Step 3

Income from special order = Number of units × Selling price

= 3,400 × $15

= $51,000

Therefore the Change in income if special order is accepted = Income from special order- Cost related with special order

= $51,000 - $34,000

= $17,000 increase

d. None of the answers is correct the right answer is $17,000 increase.

To reach the change in income if special order is accepted we simply put the values into formula.

3 0
2 years ago
those making more than $200,000 are the primary beneficiaries of the home mortgage interest deduction.
netineya [11]

Answer:true

Explanation:

4 0
1 year ago
Desiree is reluctant to take a promotion because it involves moving. She knows little about the area she would be living in. Acc
KonstantinChe [14]

Answer:

A. uncertainty

Explanation:

Based on the scenario being described within the question it can be said that the most likely reason for such employee resistance to change is uncertainty. This basically revolves around not knowing what is going to happen or the information regarding some sort of change. Such as not knowing the details of the area in which Desiree will have to move to if she were to accept her new promotion.

8 0
3 years ago
Read 2 more answers
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