All categories

3 years ago

describe how a company would balance the tradeoff between cost and speed when selecting a shipping method

Business

1 answer:

Zielflug [23.3K]3 years ago

6 0

Answer: The opportunity cost is the most desirable trade-off.

Explanation: Trade-offs refer to the choosing decisions that an individual faces when choosing between two-goods or making any other economic decision. For instance, a graduate may face a trade-off between choosing a job or starting up his own business.

While, opportunity cost is simply the cost of the lost alternative. For example, if the graduate chooses to start a business then his opportunity cost is the salary foregone from going for a job.

Thus, when deciding on which option to choose (trade-off) we always look at the option which has a lower opportunity cost. So we can say that they are the most desirable trade-off.

You might be interested in

Pesos are a monetary unit used in the country of Mexico. Pesos are exchanged at a rate of 600 pesos to one U.S. dollar ($1.00).

adelina 88 [10]

Explanation:

Given , $ 1=600 pesos

so, a person wants to buy an object that cost 4,800

let assume $=x

x=4,800/600=8

So the answer is$8

$ 8= 4800 pesos

5 0

3 years ago

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

Melissa pellerano does consulting for the yellow pages. Her clients want to know how much of an increase in customers' awareness

tankabanditka [31]

Melissa must conduct "causal research".

Causal research falls under the class of conclusive research, as a result of its endeavor to uncover a circumstances and end results connection between two factors. Like descriptive research, this type of research endeavors to demonstrate a thought set forward by an individual or association. Be that as it may, it essentially varies on the two its techniques and its motivation. Where descriptive research is expansive in degree, endeavoring to more readily characterize any feeling, demeanor, or conduct held by a specific gathering.

6 0

3 years ago

A firm is a competitive seller of output at amarket price of $3. The only resource itrequires to create its product is labor, wh

bulgar [2K]

Answer:

B. $6

Explanation:

Marginal revenue for the worker = change in wage ÷ change in quantity output

Change in wage = (40×$6) - (36×$6) = $240 - $216 = $24

Change in quantity output = 40 - 36 = 4

Marginal revenue for the worker = $24 ÷ 4 = $6

4 0

3 years ago

In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Ivan

Alona [7]

Answer:

Requirement: Prepare the entry to record the sales transactions and related taxes.

1. Date Account Titles and Explanation Debit Credit

Apr. 10 Cash $30,975

Sales Revenue $29,500

Sales Tax Payable $1,475

(To record Cash sales along with sales tax)

2. Date Account Titles and Explanation Debit Credit

Apr. 15 Cash $18,530

Sales Revenue $17,000

Sales Tax Payable $1,530

(To record Cash sales along with sales tax)

Workings

- Total Sales along with sales tax = $18,530, Sales Tax Rate = 9%. Sales Tax Amount = 18530*(0.09/1.09) = $1,530

- Sales Without Sales Tax = $18,530 - $1,530 = $17,000

7 0

3 years ago