The options were
A) an incentive
B) an opportunity cost
C) equity
D) efficiency
Answer is A) an incentive
The worker is given some extra pay than his basic pay to encourage him to perform better in future for getting that extra commision. This increases his overall output and hence benefits the company.
Answer:
6.25%
Explanation:
Interest is calculate using the formula
I= P x R x T
in this case
I= interest, p= $975, r=?? ,t = 1
Therefore:
60.94 = 975 x r x 1
60.94 =975 r/100... we multiply both side by 100 to get rid of the fraction.
6094=975r
r=6094/ 975
r=6.2502
interest rate = 6.25%
Answer:
The indifference point is $17,000
Explanation:
Giving the following information:
Location:
Alpha Ave.:
Fixed Costs= $ 5,000
Variable costs= $ 200 per person
Beta Blvd.:
Fixed costs= $ 8,000
Variable costs= $150 per person
We need to find the indifference point.
Alpha= 5000 + 200*x
Beta= 8000 + 150*x
5000 + 200x=8000 + 150x
50x=3000
x= 60