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GalinKa [24]
3 years ago
10

A decision at the marginVan is a hard-working college senior. One Thursday, he decides to work nonstop until he has answered 200

practice problems for his economics course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem.Time Total Problems Answered8:00 AM 09:00 AM 8010:00 AM 14011:00 AM 180Noon 200The marginal, or additional, gain from Van’s first hour of work, from 8:00 AM to 9:00 AM, isproblems.The marginal, or additional, gain from Van’s second hour of work, from 9:00 AM to 10:00 AM.The marginal gain from Van’s third hour of work, from 10:00 AM to 11:00 AM, isproblems.Later, the teaching assistant in Van’s economics course gives him some advice. "Based on past experience," the teaching assistant says, "working on 30 problems raises a student’s exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during each hour they spend reading.Given this information, in order to use his 4 hours of study time to get the best exam score possible, how many hours should he have spent working on problems, and how many should he have spent reading?a. 1 hour working on problems, 3 hours reading.b. 2 hours working on problems, 2 hours reading.c. 3 hours working on problems, 1 hour reading.d. 4 hours working on problems, 0 hours reading.
Business
1 answer:
Goshia [24]3 years ago
3 0

Answer and Explanation:

1. The extra gain arises from Van first work hour i.e. from  8:00 AM to 9:00 AM is

= 80 - 0

= 80

2. The extra gain arises from Van third work hour i.e. from  10:00 AM to 11:00 AM is

= 180 - 140

= 40

3. He should select 3 hours of working and 1 hour reading as at the fourth hour for problem solving, he solves only

= 200 - 180

= 20

That brings better off study at it depicts the worth of 30 solving problems

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Answer: Resellers

Explanation:

Resellers buy products from other businesses but do not significantly alter the form of the products they buy before selling them.

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Answer:

budgeted costs for direct​ materials

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budgeted direct manufacturing​ labor

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budgeted manufacturing​ overhead

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Explanation:

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What is a sales quota? Group of answer choices
Nuetrik [128]

Answer:

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Explanation:

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Its called convenience products
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During December of Year 1, Nile Co. incurred special insurance costs but did not record these costs until payment was made durin
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Answer:

The omission of this entry understated accrued liabilites. given that the related inventory was sold in year 1, it aslo overstated net income and retained earnings by understating cost of goods sold,  the same effects would occur if the insurance costs were chargeable to expense as a period cost

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Rules specify that contingent liabilities should be recorded in the accounts when it is probable that the future event will occur and the amount of the liability can be reasonably estimated. This means that a loss would be recorded (debit) and a liability established (credit) in advance of the settlement.

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