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Anestetic [448]
3 years ago
12

Suppose you are spending two hours a day studying economics, and your grade is 85 percent. You want a higher grade and decide to

study for one extra hour a day. As a result, your grade rises to 90 percent. Your marginal benefit of the hour studying is
Business
1 answer:
il63 [147K]3 years ago
5 0

Answer:

a 5 percent increase in your grade.

Explanation:

Marginal benefit refers to the additional benefit or utility obtained from consuming one extra unit of a product or service, or doing one extra unit of some type of activity.

For example, the marginal benefit of working out at least 30 minutes per day is that you body will be in better shape and you will be healthier. The marginal benefit of buying one more gallon of gas is that you will be able to drive your car 25 more miles.

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The annual demand for a product is 15,300 units. The weekly demand is 294 units with a standard deviation of 90 units. The cost
antiseptic1488 [7]

Answer:

Reorder point = (weekly demand * lead time) + (Z * standard deviation * √lead time) = (294 * 10) + (2.326 * 90 * √10) = 2,940 + 661.99 = 3,602 units

Old safety stock = Z * standard deviation * √lead time = 662 units

new safety stock = 331

331 = Z * 90 * √10

Z = 331 / 284.60 = 1.163

Using Normal distribution function, the new confidence interval is 87.76%

3 0
3 years ago
Chuck is concerned with what he considers to be an unfair situation at work. Although he put in 10 hours of overtime last week,
Levart [38]

Answer:

b. Decrease his inputs

Explanation:

The Equity Theory explains the influence that the perception of fair treatment has on the motivation of individuals. Or, from another point of view, in its demotivation.

People tend to compare ourselves to others. With other people's situations, inside and outside work. Thus, we form a perception about what is fair or unfair.

If the result of the comparison is understood as fair, people are more likely to feel motivated. On the contrary, when they perceive that they are treated unfairly, tension and demotivation appear.

In short, when compared to others, people want to be treated fairly for their contributions to the organization. And beliefs regarding what is fair and unfair can affect their motivation, attitudes and, therefore, their behaviors at work.

6 0
3 years ago
Carley Company purchases a new delivery truck for $45,000. The sales taxes are $3,000. The logo of the company is painted on the
disa [49]

Answer:

$49,420

Explanation:

5 0
3 years ago
You are a jeweler who wants to make sure you have the maximum number of diamonds for sale. You notice that the number of diamond
Gwar [14]

Answer:

sensitivity

Explanation:

A financial sensitivity analysis consists of analyzing the variables that influence decisions related to a business. That is, the dependent and independent variables are analyzed and how they will affect the economic results of a company.

This analysis is effective so that companies can make projections about how one variable is directly influenced by another according to the data found, assisting in the financial and economic decision-making process that will contribute to the profitability and positioning of the business.

7 0
3 years ago
The longdashrun supply curve in a perfectly competitive market states that​ _____. A. the longdashrun quantity remains the same
Leokris [45]

Answer: Option C

           

Explanation: Perfect competition refers to a market structure under which there are large number of buyers and sellers each operating at a small level.

In such a market structure the supply curve is a horizontal line that depicts that whatever the quantity is the price will remain the same, that is,  at the equilibrium level.

This happens due to the fact that there are large of number of participants present and no individual have the power to affect the price.

Thus, the correct option is C.

5 0
3 years ago
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