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3 years ago

Which of the following decisions cannot be made at the margin?

2 answers:

8 0

D.) Whether to order a pepperoni or a cheese pizza is a decision that cannot be made at the margin.

Making decisions at a margin is merely considering an option on top of your made decision. Cost and Benefit is a factor in thinking in a margin.

You have already decided to move. Your marginal decision is whether to move to Boston from Chicago,

You have already decided to spend the day on Saturday. Your marginal decision is whether to watch a movie or go hiking.

You have already decided to have a two-week vacation. Your marginal decision is whether to spend it on the shore or in town.

You have decided to order a pizza. Any flavor of pizza will still make you spend money. So there is no marginal decision needed.

xeze [42]3 years ago

6 0

I believe the answer is: A. whether to move to Boston from Chicago

Decision that is made at a margin refers to the type of decision which do not require you to think about the next move after making the decision.

When you are deciding to move to another city, you definitely need to think about your next move in term of finding new apartments, new jobs, and how to socialize with new people.

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Job 243 was recently completed. The following data have been recorded on its job cost sheet: Direct materials $ 55,870 Direct la

liq [111]

Answer:

$16.66

Explanation:

Data provided

Direct material = $55,870

Direct labor hour = 475

Wage rate = $11

Machine hour = $556

Number of units = 4,100

Overhead rate = $13

The preparation of job sheet is shown below:-

Direct Material $55,870

Add: Direct Labor $5,225

( 475 × $11)

Overhead $7,228

($556 × $13)

Total $68,323

Number of units 4,100

Cost per unit $16.66

($68,323 ÷ 4,100)

8 0

3 years ago

I need help with economic hw can someone come up with a example for scarcity and choice, opportunities cost

diamong [38]

Scarcity occurs when the demand for something exceeds the supply. Examples often occur with natural resources when they are over used. Think of over fishing, hunting or poor farming. The choice to over hunt in present may cost hunting opportunities in the future.

4 0

3 years ago

Ivy is investing in a home cleaning franchise called HomeKeepers. At her first interview with the franchisor's selling agent, sh

evablogger [386]

Answer:

A royalty is a fee that the franchisee has to pay the franchiser for trading under its name.

Explanation:

A franchise operation is when one party (franchiser) allows another party (franchisee) access to it’s proprietary knowledge, trademark and processes in order to allow the party to sell a product or provide a service under the business’s name. A common example of a franchise operation are KFC outlets across the globe.

A royalty fee is a fee that the franchisee has to pay the franchiser on a common basis such as quarterly or annually for trading under its name. It is generally calculated as a percentage of gross sales. In this case the royalty fee would be 5% of gross sales.

4 0

3 years ago

The categories for people-based services include a. volunteers, skilled operators, and professionals. b. unskilled labor, skille

Alex777 [14]

Answer:

b. unskilled labor, skilled labor, and professionals

Explanation:

As the people services include the semi and skilled based works done they include Lawn care, security guards, and skilled labor as plumbing and catering and those of the professionals include the accountant, lawyers, and the managing consultants.

8 0

3 years ago

Howard Co. had the following first-year amounts for a $7,000,000 construction contract: Actual costs $2,000,000 Estimated costs

Dmitrij [34]

Answer:

estimated loss from the project is $1,000,000

correct option is a. ($1,000,000)

Explanation:

given data

contract price = $7,000,000

Actual costs = $2,000,000

Estimated costs = 6,000,000

Progress billings = 1,800,000

Cash collected = 1,500,000

to find out

What amount should Howard recognize as gross profit (loss)

solution

we get in the amount to complete the project that is

amount to complete = contract price - Actual costs - Estimated costs

amount to complete = $7,000,000 - $2,000,000 - 6,000,000

amount to complete = - $1000000

so estimated loss on project

so that the total $1,000,000 loss must be recognize

so correct option is a. ($1,000,000)

5 0

3 years ago