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
Hoochie [10]
3 years ago
14

Andrew has decided to open an online store that sells home and garden products. After searching around, he chooses the software

company Initech to provide the software for his website since their product required the least amount of specialized investments for him to use it. They agreed upon price of $6,000. To use Initech’s software, Andrew makes $1,800 in sunk capital investments and spends 45 hours learning how to use Initech’s software, which is very different from other software packages. Both Andrew and Initech view Andrew’s time as worth $30 per hour and Initech is fully aware of the investments Andrew must make to use their product. After Andrew’s investments were made, Initech came to Andrew and asked for more money. How much do you think they asked for?
Business
1 answer:
tino4ka555 [31]3 years ago
6 0

Answer:$4650

Explanation:

The cost that is recoverable is $30 per hour that was agreed as the hour to be spent in learning the soft ware. The sunk cost it's an irrecoverable cost that does influence decision making. When the agreed leaning cost of $30 per hr for 45hr of $1350 is deducted from the asking price of $6000 we have the $4650

You might be interested in
Sara is the team leader for the remote coding project team at her hospital. She has brought together coders, IT technicians, and
harkovskaia [24]

Answer:

Forming.

Explanation:

The forming stage includes a time of direction and acclimating. Uncertainty is high during this stage, and individuals are searching for leadership and authority. A member who declares authority or is educated might be hoped to take control.

6 0
3 years ago
If real income rises 4%, prices rise 1%, and nominal money demand rises 4%, what is the income elasticity of real money demand?
goblinko [34]

The income elasticity of real money demand d. 3/4

Increase in real money demand = Increase in nominal money demand - Increase in inflation = 4% - 1% = 3%

Income elasticity of real money demand = % increase in real money demand / % increase in real income

= 3% / 4%

= 3/4

Income elasticity of demand is a monetary measure of how responsive the amount of demand for a very good or provider is to trade-in earnings. The formulation for calculating earnings elasticity of demand is the percentage change in quantity demanded divided by using the percent change in earnings.

In economics, the profits elasticity of call for is the responsivenesses of the quantity demanded an amazing to an alternate in patron profits. It is measured because of the ratio of the share exchange in the amount demanded to the proportion exchange in profits.

If the earnings elasticity of call for is more than 1, the best or carrier is taken into consideration a luxury and profits elastic. An amazing provider that has an earnings elasticity of call for between zero and 1 is considered an ordinary correct and income inelastic.

Learn more about Income elasticity here: brainly.com/question/15899715

#SPJ4

5 0
1 year ago
This is homework form me a teacher have you drawn a cool awesome drawling
Delvig [45]

Answer:

B

Explanation:

dont give me brainliest

6 0
2 years ago
Assume that Simple Co. had credit sales of $250,000 and cost of goods sold of $150,000 for the period. It estimates that 1 perce
Dahasolnce [82]

Answer:

A. Debit: Bad Debt Expense 2,500

Credit: Allowance for Doubtful Accounts 2,500

250,000 x .01 = 2,500

B. Debit: Bad Debt Expense 2,750

Credit: Allowance for Doubtful Accounts 2,750

3,000 - 250 = 2,750

8 0
3 years ago
Asynchronous Testing of 2 Specimen-Diversion Devices to Reduce Blood Culture Contamination: A Single-Site Product Supply Quality
jasenka [17]

Skin antisepsis kits having alcohol and chlorhexidine gluconate or tincture of iodine are associated with low rates of blood culture contamination.

<h3>Skin antisepsis kits</h3>

Skin preparation is an important factor in declining the rate of blood culture contamination. We evaluated blood culture contamination rates associated with the use of skin antisepsis kits including either 2% alcoholic chlorhexidine gluconate or 2% alcoholic tincture of iodine.

Contamination of blood cultures is a typical problem, with rates for organizations ranging from 2% to more than 6%. Most contaminants produced from blood cultures are indigenous human microbial flora. Careful skin practice is an important factor in reducing the rate of blood culture contamination.

To learn more about blood culture contamination visit the link

brainly.com/question/1426959

#SPJ4

6 0
8 months ago
Other questions:
  • What is one effective way for employees to keep their skillsets current
    11·2 answers
  • Which neca committee is responsible for the production of the magazine the quality connection?
    13·1 answer
  • If the market rate of interest is greater than the contract rate of interest, the bonds will sell for a.their face amount. b.mor
    14·2 answers
  • The balance sheet reports the A. financial position on a specific date. B. financial position for a specific period. C. results
    14·1 answer
  • In its first month of operations, Sunland Company made three purchases of merchandise in the following sequence: (1) 200 units a
    12·1 answer
  • Explain how some of the behavioral biases discussed in the chapter might contribute to the successof technical trading rules.
    15·1 answer
  • Which term refers to business processes that are not executed by a single group or function? _______
    15·1 answer
  • A Regional Sales Manager's (RSM) direct reports are frequently added as sales team members for other sales representatives' oppo
    14·1 answer
  • Under what conditions does a​ Cobb-Douglas production​ function,
    7·1 answer
  • The top five cities where venture capitalists are investing their money represent 10% of the global total.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!