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Mila [183]
3 years ago
11

While waiting in line to buy one cheeseburger for $1.50 and a medium drink for $1.00, Sally notices that she could get a value m

eal that contains both the cheeseburger and medium drink and also a medium order of fries for $2.75 . She thinks to herself, "Is it worth the extra 25 cents to get the medium fries?" To an economist, Sally's decision is an example of:________.
a. marginal analysis.
b. basing decisions on total, rather than marginal, value.
c. an unintended consequence.
d. the fallacy of composition.
Business
1 answer:
mrs_skeptik [129]3 years ago
4 0

Answer:

a. marginal analysis.

Explanation:

The cost to add the fried will be the cost added to obtain the fries rather than the cost of a single medium order of fries.

This is the basis of the marginal analysis on which the revenue and marginal cost represent the extra revenue granted for an additional unit and the extra cost for producing an unit. In theory, the firm produce when marginal revenue matches marginal cost.

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On 20/07/2019, "ABC" Company sold goods to customer "X" with a total value of $120.000 The customer pad
shepuryov [24]

Answer:

1) total sales revenue = $120,000

this amount holds regardless of how much money was collected in cash or if an account/note receivable was recorded

2) the company must recognize interest revenue:

principal = $72,000

interest revenue = $72,000 x 10% x 40/360 days = $800

Dr Interest receivable 8000

    Cr Interest revenue 800

4 0
2 years ago
Question 7 of 10
joja [24]

Answer:

B. the set of plans for product, price, place, and promotion that the marketer will use

4 0
2 years ago
Because of uncertainty about future inflation, the union devotes a large quantity of resources to monitoring inflation indicator
IrinaVladis [17]

Answer:

C. Variable inflation is associated with high transaction costs

Explanation:

Because of uncertainty about future inflation, it may not uncertain relative to its price change. Therefore, option A is not correct.

In order to maximize financial position, inflation harms borrowers and helps lenders, so option B is also incorrect.

Option C is correct because variable inflation is associated with high transaction costs in order to maximize the financial position. For example, if the inflation rate is 5% during first quarter, the price level is not much to disrupt the financial position. Again, in the next quarter, if the inflation rate changes to 4%, the position will be effective more. However, if it increases, it will not affect too much.

7 0
3 years ago
The Muffin House produces and sells a variety of muffins. The selling price per dozen is $ 18​, variable costs are $ 5 per​ doze
Vlad1618 [11]

Answer:

$7,222

Explanation:

Given that,

Selling price per dozen = $18​

Variable costs = $5 per​ dozen

Total fixed costs = $ 5,200

Contribution margin per dozen:

= Selling price per dozen - Variable costs per dozen

= $18​ - $5

= $13

Contribution margin ratio:

= (Contribution margin ÷ Selling price per dozen) × 100

= ($13 ÷ $18) × 100

= 0.72 × 100

= 72%

Break-even sales in​ dollars:

= Total fixed costs ÷ Contribution margin ratio

= $5,200 ÷ 0.72

= $7,222

6 0
3 years ago
ATech has fixed costs of $7 million and profits of $4 million. Its competitor, ZTech, is roughly the same size and this year ear
Triss [41]

Answer: Degree of Operating Leverage

A Tech = 2.75

Z Tech = 3

Explanation:

As defined in question itself,

Degree of Operating Leverage = 1 + \frac{fixed\ cost}{Profit}

As here, it is provided that profit for both the companies are same amounting $4 million.

Although the fixed cost differ by $1 million.

A Tech Degree of operating Leverage = 1 + \frac{7,000,000}{4,000,000} = 2.75

Z Tech Degree of Operating Leverage = 1 + \frac{8,000,000}{4,000,000} = 3

This clearly demonstrates that A Tech will reach its break even faster than the Z Tech as the ratio of fixed cost to variable cost is lower in A tech in comparison to Z Tech.

5 0
3 years ago
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