Incremental contribution margin:
$25,000 increased sales x 60% CM ratio $15,000
Incremental fixed salary cost 8,000
Increased net income $7,000.
yes, the position should be converted.
In economics, the margin is profit after deducting expenses, expressed as a percentage. In investing, the margin is the deposit an investor leaves with a broker when borrowing money to buy a security.
The portion of a page or sheet outside the body of a printed product or document. 2: The outer boundary and adjoining surface of something: a ridge at the edge of the continental margin of a forest. 3: Any amount or measure or degree of substitution permitted or granted due to unforeseen circumstances or special circumstances was not subject to error.
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Answer:
Option (A) is correct.
Explanation:
The average fixed cost is determined by dividing the total fixed cost by number of units produced.
Given that,
Fixed cost = $24
The average fixed cost of producing 3 units of output is:
= Total Fixed cost ÷ Number of units produced
= $24 ÷ 3
= 8
Therefore, the average fixed cost of producing 3 units of output is $8.00.
Mass production - to produce custom products in large quantities
Answer:
Option (D) is correct.
Explanation:
For Aline:
E(v) = Earning × Probability of earning + Don't believe earning × probability
= 200,000(0.5) + 0(0.5)
= 100,000
For Saraf
:
E(v) = Earning × Probability of earning + Earning × probability
= 0.75(100,000)+0.25(10,000)
= 77,500
Therefore, the expected value of the undertaking is according to Aline, is $100,000.
Answer:
See below
Explanation:
1. Entrepreneurs Add to National Income
Entrepreneurship creates new businesses that focus on making profits. These ventures employ people who earn directly or indirectly from them. The new incomes add to a country's GDP. Consequently, the government collects higher revenues through taxation, which it uses for national development.
2. Entrepreneurs Create Social Change
Though innovations and creativity, entrepreneurs introduce new products and services and easier ways of doing things that improve life's quality. For example, the advancement of internet technology has created many job opportunities while still making it possible for others to work and earn a living remotely.
3. Community Development
Through Corporate social responsibility programs, entrepreneurs play a significant role in community development. Corporates globally have funded projects that provide communities with essential services: water projects, schools, hospitals, and clean environments that have been financed by entrepreneurs.
