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2 years ago

The satisfaction received from using one more unit of a good or service is called

1 answer:

6 0

The satisfaction received from using one more unit of a good or service is called "marginal benefit ". Marginal benefit alludes to what individuals will surrender keeping in mind the end goal to get one more unit of a goods or services, while marginal cost alludes to the estimation of what is surrendered so as to deliver that extra unit. Extra units of a good ought to be created as long as minimal advantage is more than marginal cost.

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For an analysis of the salaries of your company, you plot the salaries of all employees against the number of years they have w

Arisa [49]

Answer:

1. That values that you must plot are:

(1, 4.08))

(20, 5.08)

(40, 6.18)

2. Yes, the plot of those three points is straight enough.

Explanation:

A. What are the values you will plot?

The x-ccordinate of your plot is still the number of years the exmployees have worked for the company.

The y-coordinate of your plot is the the base-10 logarithm of the salary.

Therefore:

1) A part-time shipping clerk: 1 year, $12,000

⇒ $(1,log_{10}12,000)=(1,4.08)$

2) A manager: 20 years, $120,000

⇒ $(20,log_{10}120,000)=(20,5.08)$

3) The CEO: 40 years ago, $1,500,000

⇒ $(40,log_{10}1,500,000)=(40,6.18)$

Summarizing, the points to plot are:

(1, 4.08)

(20, 5.08)

(40, 6.18)

B. Will the plot of these three points be straight enough?

To find whether the plot is straight enoguh, you may either plot them, make a regression, or, since they are only three points, you can whether the change of rate of the points is constant.

Change of rate of the first two points, r:

r = rise/run = Δy / Δx = (5.08 - 4.08) / (20 - 1) =1.00/19 ≈ 0.05

Change of rate of the second and the third points, r:

r = rise/run = Δy / Δx = (6.18 - 5.08) / (20 - 1) = 0.05

Since both rate of changes are equal (or reasonably equal) the plot is straight enough.

4 0

3 years ago

PLEASE ANSWER QUICKLY: (FIRST ANSWER GETS BRAINLIEST)

Vladimir79 [104]

Answer : rent to own business !

shes paying for her to own it but still gets to take it home

5 0

3 years ago

Master Hatter's demand for hats is 25,000 per year. The order cost is $425 and the carrying cost is $4.50 per unit. The cost pai

laiz [17]

Answer with its Explanation:

Part A. Economic order quantity Computation

Economic order quantity can be calculated by using the following formula:

EOQ = Squaroot of (2* D * S / H)

Here

Ordering cost per order is $425 which is S

Annual Holding cost per unit per year is $4.5 which is H

Annual Demand is 25000 Units

By putting values, we have:

EOQ = (2 * 25000 * $425 / $4.5) ^(1 / 2) = 2173 Hats

Part B.

Total Cost at EOQ = Purchasing Cost + Total Ordering cost + Holding Cost

By putting values, we have:

Total Cost = 25,000 Units * $25 per unit + ($25,000 / 2173 Hats) * $425 + (2173 Hats / 2) * $4.5 = $634,778 Annual Cost

Part C.

For ordering at-least 2000 units per order, the total cost would be:

Total Cost under 2000 order quantity = 25,000 * $25 per unit + (25000/2000) * $425 + (2000/2) * $4.5

Total Cost under 2000 order quantity = $634,813

By ordering at least 2000 hats will bring a loss of $35 ($634,778 - $634,813), hence Master Hatter must only order in EOQ.

6 0

3 years ago

Litton Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the b

Minchanka [31]

Answer:

Overapplied overhead= $7,575

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,250,000 / 40,000

Predetermined manufacturing overhead rate= $31.25 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 31.25*4,780

Allocated MOH= $149,375

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 141,800 - 149,375

Overapplied overhead= $7,575

6 0

3 years ago

Protocols created by _____ are most likely to be accepted and successful.

Elina [12.6K]

Multi-functional new product teams

5 0

3 years ago