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beks73 [17]
3 years ago
13

When the store hires two workers, they are able to serve 16 customers per hour. When the store hires three workers they are able

to serve 22 customers per hour. Each customer spends an average of $4 in the store. What is the marginal benefit of hiring the third worker? Enter a whole number, with no dollar sign.
Business
1 answer:
kotegsom [21]3 years ago
7 0

Answer: $24

Explanation:

Given that,

Two workers serve = 16 customers per hour

Three workers serve = 22 customers per hour

Each customer spends an average of $4 in the store.

Total revenue from Two workers = 16 × $4

                                                       = $64

Total revenue from Three workers = 22 × $4

                                                          = $88

Therefore, the marginal benefit of hiring the third worker would be:

=  Total revenue from Three workers - Total revenue from Two workers

= $88 - $64

= $24

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Answer:

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A relevant cost can be defined as the cost that are said to be in form of a future cash cost that is relevant and important to a particular decision.

The relevant cost:

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General Motors increases the price of a model car produced exclusively for export to Europe. Which U.S. price index is affected?
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anson Corporation Co.'s trial balance included the following account balances at December 31, 2018: Accounts receivable $12,000
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Answer:

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                         Anson Corporation

                     Balance Sheet (Partial)

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