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dezoksy [38]
3 years ago
13

Little Rascals Child Care Center has decided to change its hours from 6am to 6pm to 7am to 5pm beginning at the start of the nex

t month. The owner, Wanda, feels that the change is needed because only a few families were coming in before 7am, and, therefore, it was not cost-effective to be open that early. In making her decision, was Wanda being sensitive to the families who brought their children to the center?
Business
2 answers:
Mumz [18]3 years ago
6 0

Answer:

Yes, because most did not need her services that early.

Explanation:

Since most families do not bring their children to the child care centre before 6am it is more cost effective for Little Rascals Child Care Center to open at 7am and close at 5pm.

The new timing will reduce cost as the care centre will be open for 10 hours compared to 12 hours before now. Also the staff will be less stressed and will be more productive by not being overworked.

This strategy is a way to remove wastage in operation for Little Rascals Child Care Center.

Dafna11 [192]3 years ago
4 0

Answer: YES

Explanation:

While to Wanda the owner of Little Rascals Child Care Center, the decision will help her save cost. It is rather obvious that the need to open by 6 am is not very demanding since most families already prefer coming by 7 am. Though the change in closing time might be problematic in the short run, most parents should be able to comply with it since office hours ends by 4pm in most cases, giving them enough time to pick up their children by 5pm. Wanda should also cut her charges a little in consideration of the changes, as well as the more reduced time.

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Economists say that individuals make decisions at the margin. What does its menas?
leva [86]

Answer:

When Economists say that humans make decisions at the margin they mean that decisions are made on the basis of the cost and benefit of getting an additional unit of a good/ service.

Marginal benefit refers to the additional utility that we will derive from consuming one extra unit of a good or service and factors in heavily into our decision making. We usually accept a decision if the Marginal benefit is higher or equal to the Marginal cost ( cost of the additional unit) of the good/service.

If the Marginal Cost is instead higher, the decision would most probably be cancelled.

4 0
3 years ago
Identify each action listed here as a federal, state, or shared power.
Korvikt [17]

Answer:

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Redesign and print the hundred-dollar bill  <u>FEDERAL POWER</u> ⇒ ONLY THE FEDERAL GOVERNMENT CAN PRINT MONEY

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Negotiate a trade agreement with the European Union <u>FEDERAL POWERS</u> ⇒ THE COMMERCE CLAUSE ESTABLISHES THAT ONLY CONGRESS CAN REGULATE INTERSTATE COMMERCE. THE EXECUTIVE BRANCH MAY NEGOTIATE A DEAL BUT CONGRESS MUST APPROVE IT.

Explanation:

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3 years ago
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Burka [1]

Answer:

$119.56

Explanation:

We will use compound interest formula to solve this problem.

The formula is:

F=P(1+r)^t

Where

F is the future value

P is the present amount

r is the rate of interest per period

t is the number of periods

Here,

F is the value we want, after 3 years

P is the present amount, $100

r is the rate of interest per quarter (per period)

Given r = 6% annually, so that would make:

6%/4 = 1.5% per quarter, or 1.5/100 = 0.015

Also, t is the number of quarters in 3 years, that would be 4*3 = 12

Now, substituting, we get our answer:

F=P(1+r)^t\\F=100(1+0.015)^{12}\\F=100(1.015)^{12}\\F=119.56

The first answer choice is right, $119.56

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