Answer:
d. Making choices based on comparing marginal benefits with marginal costs
Explanation:
Opportunity Cost Marginal Analysis in Economics helps managers to understand the idea of opportunity cost in making an additional input for output. Presume a manager realizes that there is space in the budget to employ an additional worker. Marginal analysis tells the manager that an additional worker provides net marginal benefit or not and the manager then decides if to hire one more worker or forgo it for an alternative.
Answer:
$300
Explanation:
California tax law continue to allow miscellaneous itemized deductions subject to 2% of Federal AGI
Tax preparation fees $1,000
Less: AGI limit of 2% <u>$700 </u>(35,000*2%)
Deduction on his/her California <u>$300</u>
income tax return
Answer:
d. bA < 0; bB = 0.
Explanation:
The possible answers that best describes the historical betas for A and B is bA < 0; bB = 0 because an average annual return for stock B is stable and constant, its beta would be zero. An average annual return for stock A is higher once market’s average annual return is lower or lesser in which therefore indicates that its beta is negative.
Answer:
option (A) 251 phones
Explanation:
Data provided in the question:
Average quantities of prepaid cell phones used = 1500 per week
Standard deviation, s = 145
Lead time for their own brand of prepaid cell phones, L = 3 weeks
lot size = 350 phones
Safety stock = 500 phone
Now,
The standard deviation of demand during lead time will be
= Standard deviation × 
= 145 × √3
= 251.14 ≈ 251 phones
Hence,
The correct answer is option (A) 251 phones
Answer:
B) Entrepreneurship and knowledge
Explanation:
For Darnell, labor is readily available. The many locations where he can set up his business represents land. He is sure to get start-up funds, which is capital. Out of the four factors of production, he now needs entrepreneurship skills and knowledge.
Entrepreneurship is the art of creating a new business and managing it to profitability. It involves taking risks associated with pursuing a business opportunity. Darnell is the entrepreneur in this case. He has to coordinate all the other factors of production and make them work as a unit. He needs the knowledge to start and manage the business to make it successful.