Answer:
Option B
Explanation:
Both Nadia and Samantha have insured their cars and willing to pay $100 over the expected loss for insurance. If the car is stolen the company would pay expected loss and would earn nothing and if the car is not stolen the company would not be liable for any loss and would earn $200, Therefore the company would earn between $0 and $200.
Answer:
sell, retail, trade, advertise, promote, buying,
Explanation:
The marginal productivity of the first hour of studying is 15%.
<h3><u>
What is Marginal Productivity?</u></h3>
- The additional output, return, or profit generated per unit as a result of benefits from production inputs is referred to as marginal productivity or marginal product.
- Raw materials and labor are examples of inputs. According to the rule of decreasing marginal returns, the marginal productivity will normally decrease as production rises when a production element is improved.
- This indicates that for every extra unit of output produced, the cost advantage often decreases.
- Diminishing marginal productivity is often recognized in its most straightforward form when a single input variable exhibits a drop in input cost.
- For instance, a reduction in labor expenses during the car-manufacturing process would result in slight increases in profitability per vehicle.
Formula for Marginal Productivity = (Qn – Qn-1) / (Ln – Ln-1)
The total product value is divided by the difference in labor to determine the marginal product of labor.
Know more about Marginal Productivity with the help of the given link:
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Answer:
80 units
Explanation:
Given:
- Price: $25 we have: 100 units
- Price: $20, how many units to maximize the total utility
Let X is the number of units we need to find
As we know that, the law of equal-marginal utility a consumer spends his or her income among goods so that utilities receive from the amount spent is equal. So we use a simple rule of three:
$25 100 units of utility
$20 X
<=> 25X = 20*100
<=> X = 80 units
Hope it will find you well.
Answer:
Two categories of expenses in merchandising companies are c. cost of goods sold and operating expenses
Explanation:
Merchandising Companies will incur direct expenses related to their trading activities in relation to each of their sales and these are known as cost of goods sold. Cost of Goods Sold is an expense in the Trading Account.
However, the Merchandising Company will also incur other indirect expenses to maintain its trading and are not directly related to each sale of their merchandise. For example the cost of Administration Work and Depreciation of its equipment. These are known as Operating Expenses. Operating Expenses are expenses in the Profit and loss Account