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
Allushta [10]
3 years ago
9

You rent a car for $29.95. The first 150 miles are free, but each mile thereafter costs 15 cents. You plan to drive it 200 miles

. What is the marginal cost of driving the car beyond the first 150 free miles?
Business
1 answer:
kari74 [83]3 years ago
5 0

Answer:

marginal cost is 15 cents

Explanation:

given data

car rent = $29.95

distance d1 = 150 miles

cost = 15 cents per miles

distance d2 = 200 miles

to find out

marginal cost

solution

first we find here cost for driving d2

cost for 150 to 200 miles  = 15 × 50

cost for 150 to 200 miles  = 750 cents = $7.5

so

cost for driving d2  = $7.5 + $29.95

cost for driving d2 = $37.45

so

marginal cost will be

marginal cost = change in cost / chance in distance

marginal cost = 37.45 - 39.95   /   ( 200-150)

marginal cost = 7.5 / 50  = 0.15

marginal cost is 15 cents

You might be interested in
If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a h
goldfiish [28.3K]

If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday): TRUE

<h3>What are tax returns?</h3>
  • A tax return is a form or form that is filed with a tax authority and discloses income, expenses, and other relevant tax information.
  • Tax returns enable taxpayers to assess their tax liability, plan their tax payments, and receive refunds for overpayments.
  • In most nations, an individual or corporation having a reportable income, such as wages, interest, dividends, capital gains, or other profits, must file an annual tax return.
  • For example, if April 15th comes on a Saturday, the deadline for individual tax returns is April 17th (assuming it is not a holiday).

Therefore, the statement "if April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday)" is TRUE.

Know more about tax returns here:

brainly.com/question/4210849

#SPJ4

Complete question:

If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday). TRUE or FALSE

4 0
2 years ago
Q 6.3: Hanson Technology is a computer manufacturer. For years, Hanson has relied on the JIT inventory method. However, due to n
Taya2010 [7]

Answer:

The answer is: Their inventory levels will increase

Explanation:

When companies use the Just in Time (JIT) they reduce their ordinary inventory to a minimum level, without any safety stock and that help them lower costs and improve their efficiency.

Since Hanson is changing from the JIT inventory system to a more traditional inventory system, their inventory levels should increase to include certain safety stock levels.

6 0
2 years ago
3. Categories of expenditures Edison and Hilary Girard live in Swarthmore, PA. Hilary's father, Kevin, lives in Sweden. For each
Ksivusya [100]

Answer:

Explanation:

1. Hilary's father in Sweden orders a bottle of Vermont maple syrup from the producer's website: included in U.S exports (X) account because it produced in the U.S soil.

2. Hilary gets a new video camera made in the United States: included in Consumption (C) account.

3. Edison's employer upgrades all of its computer systems using U.S.-made parts: included in the Investment (I) account because it is capital expenditure.

4.The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore: included in government purchases (G) account because Pennsylvania repaves are paid by the state of Pennsylvania.

5 .Edison buys a sweater made in Guatemala: included in Imports (M) account because it is consumed in U.S soil but not produced there.  

 

8 0
3 years ago
What year was the transistor invented and by what company?.
sveticcg [70]

Answer:

The transistor was invented on June 30th 1948 by Bell telephone laboratories

4 0
2 years ago
The manager of an unregistered hedge fund is typically compensated by a fee based on
saw5 [17]

Answer:

The correct answer is letter "A": I and III.

Explanation:

A Hedge Fund is a private investment fund that markets itself almost exclusively to wealthy investors. They are aggressive risk-seeking investment funds that typically use leverage to magnify returns. Hedge funds are not subject to the Investment Company Act of 1940 and profits usually from an annual management fee (usually 2%). Besides, most hedge funds charge a performance fee based on profits earned.

7 0
2 years ago
Other questions:
  • A company borrows 100,000 today at 12% nominal annual interest. the monthly payment of a 5 year loan is most nearly:
    8·1 answer
  • A sale of goods was denominated in a currency other than the entity’s functional currency. The sale resulted in a receivable tha
    15·1 answer
  • Overton Company has gathered the following information. Units in beginning work in process 20,300 Units started into production
    11·1 answer
  • By offering a menu of policies with different premiums and deductibles, insurance companies can _____ their customers; for examp
    8·1 answer
  • What would likely have the most severe immediate effect on an economy? Multiple Choice A significant drop in exports. The Fed's
    7·1 answer
  • You manage a popular nightclub, and lately revenues have been disappointing Your bouncer suggests that raising drink prices will
    13·1 answer
  • What is true of a perfectly competitive market?
    15·1 answer
  • If a gain of $8,096 is realized in selling (for cash) office equipment having a book value of $56,296, the total amount reported
    11·1 answer
  • Your company is estimated to make dividends payments of $2.1 next year, $3.6 the year after, and $4.2 in the year after that. Th
    13·1 answer
  • Majer Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Co
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!