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guapka [62]
4 years ago
8

Sunk costs: a. should be considered, but only when marginal cost is less than marginal benefit. b. should be considered only whe

n there is no information about marginal cost and marginal benefit. c. are essential parts of economic decisions. d. are irrelevant to economic decisions.
Business
1 answer:
Nina [5.8K]4 years ago
4 0

Answer:

 d. are irrelevant to economic decisions.

Explanation:

Sunk cost is cost that has been incurred and cannot be recovered. They are irrelevant and should not be considered when making economic decisions.

For example, if it costs $1500 to build a store and $500 has already been spent. $500 is the sunk cost and it would not be considered in the decision to continue or abandon the project.

I hope my answer helps you

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If a basket selling price is $13per unit with the variable expense is $10 per unit and the company's monthly fixed expense if $7
TiliK225 [7]

Answer:

26,000 units

Explanation:

The break-even point is calculated by dividing fixed costs by the contribution margin per unit.

Fixed costs are $78,000

Contribution margin per unit = selling costs - variable costs

=$13-$10

Contribution margin per unit=$3

Break-even point = $7800/$3

=26,000 units

6 0
3 years ago
Because of the free-rider problem,
Nookie1986 [14]

Answer:

c. private markets tend to undersupply public goods

Explanation:

Because of the free-rider problem, private markets tend to undersupply public goods

6 0
3 years ago
When a firm has many potential competitors and tries to develop a marketing strategy to differentiate its products from the comp
Digiron [165]

Answer:

na buang ka ayaw ko ug pangutana

5 0
2 years ago
Carl's Pens, an office supplies company, has launched a new marker pen that can be used on any surface. The company has set up b
lakkis [162]

Answer:

promotion

Explanation:

Promotion element does not only makes people aware of the product, but it rather involves various steps, in which the marketing is ensured at maximum reach, from display to personal selling, everything is included.

When the company has setup the booths for such promotion and that the company has setup such booths in various locations, to attract more and more customers, and free display, and further offering trials.

This is the element of marketing mix, which is a combination of various other techniques.

6 0
3 years ago
Sam Seller was worried that Barney would not perform under the contract and demanded an assurance. How many days does Barney hav
Anika [276]

Answer:

The correct answer is letter "A": 30.

Explanation:

Adequate Assurance is requested after a contract was signed by two parties by one of the parties has doubts the other will be able to fulfill the demands of the agreement. In such cases, the doubting party can send in writing the request for confirmation to the other party involved and if the second party does not provide a response within 30 days the initial contract is considered repudiated.

Thus, <em>Barney has 30 days from the date Sam Seller requested an Adequate Assurance of Performance to respond.</em>

7 0
3 years ago
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