Answer: The correct answer is <u>$150.</u>
Explanation:
We know that the marginal cost of hiring a third worker is $ 40. And that the average total cost when 3 workers are hired is $ 50. The average total cost formula is:
Average total cost = (total cost) ÷ (number of workers)
Then we solve the equation in 3 steps:
1) $ 50 = X ÷ 3
2) $ 50 × 3 = X
3) $ 150 = X
We can diagram the workers cost chart
Number of workers - Marginal cost - Total cost
1 - $60 - $60
2 - $50 - $110
3 - $40 - $150
Answer: Guaranteeing the quality of products so that the errors are completely eliminated instead of errors being identified and fixed.
Explanation:An e-commerce company spends a lot of money on product replacement, as customers often complain about the products they receive. The company has to replace the products delivered with better products. The company needs to guarantee that the quality of products errors are completely eliminated instead of errors being identified and fixed. By doing so , the cost will eliminated going forward .
Which core value of total quality management can assist the e-commerce company in tackling the problem of product replacements?
Answer:
Any value given up from not choosing the other options is the <u>opportunity cost</u>
Explanation:
The cost of opportunity is the alternative that you sacrifice when you choose an option.
It represent the benefits that you misses out on when choosing one alternative over another.
In this case, the cost of opportunity is to plant crops.
WHY ARE YOU ASKING ABOUT UNEMPLOYMENT? ARE YOU SELF AWARE YOU DON'T HAVE A JOB JOOOOOHN? HMPH SO SLOW FOR MAKING UNEMPLOYMENT INTO THE WIND OF RETURDED NESS
An import tariff would increase the price of certain foreign-made goods.
