I am pretty sure that it's d, the cost of your car if it's stolen because its a car insurance
Answer:
<u>Innovation theory of profit.</u>
Explanation:
The theory of profit innovation was defined by <em>Schumpter</em>, and corresponds to the economic profit that a company can achieve through the innovation of products and services offered.
The role of the entrepreneur is to offer successful innovations that will influence his performance in the market and consequently increase his profit.
Therefore, according to<em> Shumpeter</em>, innovation corresponds to any set of policies that will help an organization to reduce costs related to the production process or increase demand for products and services.
Answer:
$10
Explanation:
By choosing option B, you have a 0.001 chance of winning $8000, and a 0.999 chance of winning the $2 consolation prize. Therefore, the expected value of option B is given by:
Rounding to the nearest cent, the expectation of option B is also $10.
Answer:
$62
Explanation:
Breakeven point is the production level at which the revenue gained is equal to the cost incurred in producing a product.
It is an important consideration because businesses can plan on how to increase profits by producing more above this level.
The formula for break-even is given as
Breakeven= Fixed cost ÷(Price - Variable cost)
To get the price to breakeven, we will take breakeven point as 50 massages per day
50= 1,850 ÷ (Price - 25)
50* (Price - 25)= 1,850
(50* price) - (50* 25)= 1,850
Price = (1,850 + 1,250) ÷ 50
Price= $62
