A pricing tool that focuses on the changes in total revenue and total cost from selling one more unit to find the most profitable price and quantity is called Marginal analysis.
Marginal analysis is an examination of the added benefits of an activity against the incremental costs resulting from the same activity. Businesses use marginal analysis as a decision-making tool to help them maximize their potential revenue. For example, if a company has a budget to make room for another employee and plans to hire another person to work in the factory, marginal analysis indicates that hiring that person provides a net marginal benefit.
To learn more about Marginal analysis, click here.
brainly.com/question/14513809
#SPJ4
Answer:
This is the complete question with options
Alex sees that his neighbors' lawns all need mowing. He offers to provide the service in exchange for a wage of $20 per hour. Some neighbors accept Alex's offer and others refuse. Economists would describe Alex's behavior as
A. rational self-interest because he is attempting to increase his own income by identifying and satisfying someone else's wants.
B. greedy because he is asking for a high wage that some of his neighbors can't afford to pay.
C. selfish because he is asking for a wage that is higher than others might charge.
D. irrational because some neighbors refused his offer.
The answer is A . rational self-interest because he is attempting to increase his own income by identifying and satisfying someone else's wants.
Explanation:
Alex is regarded as a rational self - interest individual because his decision focuses on his own monetary benefits which also influences the environment in which he is, in the sense that he is helping his neighbor mow their lawns.
Remodel Inc can seek compensation. By entering a contract with Leslie, both parties are bound by certain rules. The contractor must have spent some money related to performing the job. Breaching the agreement impacts on Remodel, financially speaking. They can therefore seek compensation for any amount spent due to the award of the contract, like logistics costs incurred to fulfill the contract.
Answer: retailing
Explanation:
From the information given, Nicole is engaging in retailing. Retailing, is the selling of goods and services to the consumers.
In retailing, the retailer buys from the producer or whilesaler and then sells in individual units to the customers. Since Nicole has developed strong relationships with suppliers so that new orders come relatively quickly and then sells to the customers, she's a retailer.
Answer:
11.78%
Explanation:
Weighted average cost of capital WACC determines firms cost of capital. It includes all sources of finance which are included in firms capital structure. The WACC is calculated with given formula:
WACC = E/V Re + D/V * Rd (1 - T)
Re = cost of equity
V = Firms Market value of Debt and Equity
Rd = Cost of debt
E = market value of equity
D = market value of debt
T = Marginal Tax rate
WACC = 14.7 * 1 / 1.45 + 8.1 * 0.45 / 1.45 (1 - .34)
WACC = .1013 + 0.0165
WACC = 11.78%
