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grin007 [14]
3 years ago
8

Cassie's Quilts alters, reconstructs, and restores heirloom quilts. Cassie has just spent $800 purchasing, cleaning, and reconst

ructing an antique quilt which she expects to sell for $1,500 once she is finished. After having spent $800, Cassie discovers that she would need some special period fabric that would cost her $200 in material and time in order to complete the task. Alternatively, she can sell the quilt "as is" now for $900. What is her marginal benefit if she sells the quilt "as is" now?
A. $100
B. S900
C. She makes a marginal loss of $600, not a marginal benefit.
D. The marginal benefit cannot be determined
Business
1 answer:
Nataliya [291]3 years ago
3 0

Answer:

The correct option is B.

Explanation:

The marginal benefit is the maximum amount which a person or individual is willing to pay in order to have an additional service or benefit. It is the additional satisfaction, which the person receives when an additional service or good is purchased.

So, in this case, Cassie need or require some special fabric which cost her $200 that is the additional amount she need to pay in order to complete the task. But alternatively, she could sell the quilt for $900. Therefore, she had a marginal benefit of $900, if sells the quilt as is now.

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Answer:

Value added

Explanation:

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The value of this difference help to determine the profit on products.

Higher the value of add, higher will be the charges of product and higher will be the revenue collected.

4 0
3 years ago
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kirza4 [7]

Answer: The donor may incur a gift tax liability. Also, the cost basis will be $50 per share to the recipient of the gift.

Explanation:

From the question, we are informed that a customer owns 200 shares of ABC, that were bought 2 years ago at $50 per share and that the current market value of ABC stock is $60 per share.

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3 years ago
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dolphi86 [110]

Answer:

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Explanation:

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8 0
3 years ago
Read 2 more answers
The "real burden" of the debt is directly related to
goldenfox [79]
Hi.

I think the answer is the idea of opportunity cost.

~
5 0
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Answer:

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Explanation:

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