Answer:
Option (A) is correct.
Explanation:
A particular profit maximizing firm is produces at a point where marginal cost is equal to the marginal revenue.
Pizza cheese is used as an input for producing pizza, so if there is an increase in the price of pizza cheese then this will results in an increase in the cost of production for the Ronny's Pizza House and this change will shift the marginal cost curve upwards.
We know that marginal revenue curve is downward sloping and marginal cost curve is upward sloping, so if there is a upward shift in the MC curve then it cuts the marginal revenue curve at a lower level of output.
Answer:
$ 58,333 Personnel costs is allocated to B
Explanation:
According to the given data the Employees to be considered for allocation = A+B+C = 15+5+10 = 30 employees
The Personnel Dept direct cost = $ 350,000
No. of employees for B = 5
Therefore, in order to calculate what amount of Personnel costs is allocated to B, we have to use the following formula:
Allocated cost =Personnel Dept direct cost x No. of employees for B/Total employees =
Allocated cost = $ 350,000 x 5/30 = $ 58,333
$ 58,333 Personnel costs is allocated to B
<span>The marketing mix element being addressed is Place. Place refers to the various channels that a business takes product to market. Traditionally, place has referred to the physical locations where a business carries out fulfillment of it orders but in recent times, mail order and websites with online ordering facilities falls under this element.</span>