Answer:
The correct answer is "relative prices; utility". A further explanation is provided below.
Explanation:
- The conditions of a connection or bond between variables customer demand or perhaps the proportion of such a given cost of production to the normal distribution of so many other products available throughout the marketplace.
- Individual's pleasure is usually measured by the consumption of that same goods and services.
Thus the above is the correct answer.
Answer: The correct answer is "a. $26,000".
Explanation: Implicit costs: Also known as opportunity costs have to do with alternative profit options, or money that we no longer receive when performing certain commercial actions.
A person incurs implicit costs when he waives an alternative action.
Implicit costs: $20000 + $6000 = $26000.
Answer:
wearing a suit to a job interview: ethical wearing an expensive suit to impress others not ethical, wearing your best dress suit to a formal banquet ethical wearing a law enforcement uniform to gain respect not ethical, finally wearing a certain type of style clothes to fit in with the desired crowd not ethical hope this helps good luck!
Answer:
$17,835.90
Explanation:
Currently Hodgkiss is operating at 92% of its fixed asset capacity, so they have an spare 8% to grow without adding any more fixed assets: ($780,000 / 92) x 100 = $847,826.09.
So they need to add fix assets in to increase its production by $32,173.91 (= $880,000 - $847,826.09).
Every dollar spent in fixed assets generates at full capacity $1.8039 in production output (= $847,826 / $470,000).
If they want to increase production by $32,174, they will need to spend $17,835.90 in fixed assets.
