1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vesnalui [34]
3 years ago
10

Calvin is a college student who has identified the need his fellow students have for transportation to and from a nearby store.

He owns a van that can carry four people in addition to himself; he pays $50 insurance costs per month. He has calculated that his cost of transporting his fellow students will be $2.50 per student per round-trip ride, assuming he has a full van. Given this information, which statement is correct, assuming Calvin has a full van?
Business
1 answer:
xeze [42]3 years ago
4 0

Answer:

Calvin's marginal cost is constant at $2.50; Calvin's average variable cost is constant at $2.50.

You might be interested in
A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 15 loans per da
anyanavicka [17]

Answer:

a) 46.7, 80 b) 20, 60   c) yes

Explanation:

a) % utilization= utilization/design capacity × 100

                       = 7/15 × 100

                       = 46.7%

   % efficiency= efficiency/design capacity × 100

                              = 12/15 × 100

                                  =80%

b) Utilization= 2/10 × 100 = 20%

 Efficiency= 6/10 × 100= 60%

c) A system with higher efficiency ratios will always have higher utilization as these systems will have lesses number of failures

6 0
3 years ago
The chapter identifies three governing mechanisms for strategic alliances: non-equity, equity, and joint venture. List the benef
Paul [167]

A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence.

The agreement is less complex and less binding than a joint venture, in which two businesses pool resources to create a separate business entity.

<h3>What is Joint Venture?</h3>

A joint venture is a child company of two parent companies.

It’s maintained by sharing resources and equity with a binding agreement. Whether it’s formed for a specific purpose or an ongoing strategy, a joint venture has a clear objective, and profits are split between the two companies.

<h3>What is Non – Equity Strategic Alliance?</h3>

In a non-equity strategic alliance, organizations create an agreement to share resources without creating a separate entity or sharing equity.

Non-equity alliances are often more loose and informal than a partnership involving equity. These make up the vast majority of business alliances.

Learn more about strategic alliances here:

<h3>brainly.com/question/19474063</h3><h3 /><h3>#SPJ4</h3>
3 0
2 years ago
Using both the supply and demand for bonds and liquidity preference framework, show how interest rate are affected when the risk
nignag [31]

Answer:

Yes, the results are the same in both frameworks. Please see below for explanation.

Explanation:

With regards to the bond supply and demand framework, people will look to buy more bonds since they are more wealthy now. Hence, the supply of bonds will increase. The supply curve and the demand curve will both move to the right, with the former shifting more than the latter. The equilibrium interest rate will increase.

With regards to the liquidity preference framework, once the economy experiences a positive shift, there will also be an increase in the demand for money. People will make an increased number of transactions as well and hence, the demand curve will move towards the right. The equilibrium interest rate will rise too.

4 0
3 years ago
Television is a popular advertising medium among companies selling products and services that are consumed by mass markets becau
Natasha2012 [34]

Answer:

It has the ability to reach large audiences in a relatively cost-efficient manner.

Explanation:

Television is one of the medium used for advertising products by the sellers or the distributors or the suppliers. It is one of the mass media of advertising a product or service covering a large number of people at a particular time.

Since a cost incurred on an advertisement is just once in a few years moreover the same digital advertisement can be shown to a large or mass number of people at the same time thus proving that advertisement through television is cost effective or efficient as well.

4 0
4 years ago
the u.s. postal service maintains a monopoly on mail delivery in part through its exclusive right to access customer mailboxes.
tensa zangetsu [6.8K]

Answer:

Government intervention,

Explanation:

because the government (Congress) only allows the U.S. Postal Services to access mailboxes.

3 0
3 years ago
Other questions:
  • Absolute v. comparative advantage activity this chart shows how many units of tractors and cotton workers can produce in the uni
    5·1 answer
  • Passerine runs a tapestry shop in Rome, weaving historical images for the tourism industry. Lately, her arthritis has gotten wor
    12·1 answer
  • Which of the following ratios indicates the percentage of each sales dollar that is available to cover fixed costs and to provid
    8·1 answer
  • Why might vertical systems be a business ethics issue? ?
    11·1 answer
  • If you were advising which actions a company should take to perform value chain activities more cost effectively, you would not
    6·1 answer
  • Which of the following statements about marketing is true? Multiple Choice A marketing exchange focuses on making a single trans
    14·1 answer
  • 2. What is a stock exchange?
    7·1 answer
  • Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. Size of Offer Public
    12·1 answer
  • Duce, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machi
    7·1 answer
  • A property title search firm is contemplating using online software to increase the productivity of the researcher performing th
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!