Answer:
a. $196
b. $88
c. $88
d. $88(x)
e. $20
f. $88
Explanation:
Given:
Rent = $20
Cost per Tux = $88
x = Number of tux
- Since $20 is rent regardless , how many tuxes we rent
Cost function C(x) = 88(x) + 20
A. Cost of renting two tuxes
C(2) = $88(2) + $20
= $176 + $20
= $196
B. All tuxes has same cost, so cost of second tux = $88
C. All tuxes has same cost, so cost of tenth tux = $88
D. Here variable cost means value of tuxes , so variable cost = $88(x)
E. Here rent is described as fixed cost = $20
F. Marginal cost = change in cost / change in quantity
= ${(2*88) -(1*88)} / 2-1
= $88
Answer:
The answer is "Option b".
Explanation:
The Loanable funds are the amount of all the assets that individuals and companies have agreed to save and lend to creditors instead of for personal use, as an investment.
The earnings are also the foundation for supplying loanable funds. That request for credit funds is focused on lending. This relationship among saving provision and loan request decides its real rate as well as the sum of loans.
Depends on the job I’m pretty sure
Answer:
achieve economies of scope
Explanation:
Economies of scope -
It is the concept in economics , which is the reduction in the total cost of the production , when some products are produced collectively rather than individually , is known as economies of scope .
Same case is given in the question , where the management have organised medical and dental practices via some unique training program for the staff .
Answer: Relationship Marketing
Explanation:
Relationship marketing is a form of marketing where a business tries to create a lasting bond with their customers, done by constant communication with their customers to get feedback of their products/ services.
Phat International is making use of dialogue with their customers to create more loyal customers which is a form of relationship marketing.
