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german
3 years ago
11

Werner installs custom sound systems in cars. If he installs seven systems per day, his total costs are $300. If he installs eig

ht systems per day, his total costs are $400. William will in. stall eight sound systems per day only if the eighth customer is willing to pay at least:_______.
A. $400.
B. $300
C. $50.
D. $100.
Business
1 answer:
sergiy2304 [10]3 years ago
8 0

Answer:

$100

Explanation:

Total cost if he installs seven systems = $300

Total cost if he installs eight systems = $400

Therefore, the marginal cost of installing 8th system is the difference between the total cost of installing eight systems and the total cost of installing seven systems.

Marginal cost of installing 8th system:

= Total cost of installing 8 systems - Total cost of installing 7 systems

= $400 - $300

= $100

The profit maximization conditions says that the marginal cost must be equal to the marginal revenue.

Hence,

William will install eight systems per day only if the eight customer is willing to pay at least $100.

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Poodle Corporation was organized on January 3, 2018. The firm was authorized to issue 98,000 shares of $5 par common stock. Duri
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Answer:

$383,900

Explanation:

Calculation for the total Paid-in capital at the end of 2018

Total Paid-in capital=(39,000 shares of common stock *$5.80per share)+(19,000 shares of common stock * $8.30 per share)

Total Paid-in capital=$226,200+$157,700

Total Paid-in capital=$383,900

Therefore the total Paid-in capital at the end of 2018 is $383,900

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3 years ago
Anna and ben are up for the same promotion at work. when it comes time to make a decision, the management committee chooses ben
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I believe that Anna has just encountered a glass ceiling. 
This means that Anna has encountered a barrier that her from rising to the level of management committee through promotion simply because she is a woman.This term is extended to refer to the obstacles that hinder the advancement of minority women. It is often difficult for minority women to rise to ranks  simply because of their responsibilities, color and discrimination. In this case, Anna being a good mother to her children makes the management think that she wont want more responsibilities. 
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3 years ago
Read 2 more answers
Silver Springs Company has an unfunded retiree health care plan. Each of the company's four employees has been with the organiza
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Answer:

1. The expected post-retirement benefit obligation at the end of 2021 is $196,000, the present value of total net costs of providing health care benefits.

2. Calculation of the accumulated post-retirement benefit obligation at the end of 2021 is as below:

APBO = EPBO * Full eligibility period / Attribution period

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APBO = $196,000 * 2/30

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APBO = $13,066.67

Thus, accumulated post-retirement benefit obligation at the end of 2021 is $13,066.67.

6 0
3 years ago
Claire created an ad for a company with a target audience of customers under the age of 16 for her advertisement. However, the p
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She should have used language on a level that youth could easily understand.

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3 years ago
All of the following are business-level cooperative strategic alliances EXCEPT: a. competition response strategic alliances. b.
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<u>Answer:</u>

All of the following are business-level cooperative strategic alliances EXCEPT D) Synergistic strategic alliances.

<u>Explanation:</u>

Business-level Cooperative strategies are used by the firms when they want to grow and improve the performance in the market of individual products. All this is achieved through various strategic alliances: Complementary Strategic Alliance, Competition-response, Uncertainty-reducing, and Competition-reducing strategic alliance. These alliances help overcome various problems of a business in the corporate world.

After listing all these strategies, it is clear that a Synergistic strategic alliance is not a part of business-level cooperative strategic alliances which means that option D is the correct choice.

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