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Vadim26 [7]
3 years ago
15

Pat can either drive to work, which takes half an hour and uses $1.50 worth of gas, or take the bus, which takes an hour and cos

ts $1.00. How should Pat get to work?
Business
1 answer:
Harrizon [31]3 years ago
7 0

Answer:

pat should drive if saving half an hour is worth $0.50 or more

Explanation:

Marginal cost is the additional cost generated by producing an additional unit of output.

Marginal cost of taking the bus = 1 / 2 = 0.50

Marginal utility is the additional utility derived from consuming one more unit of a good

Marginal utility per good = marginal utility / price of the good

Pat should take the action that would yield him the highest utility given the marginal cost

So,pat should drive if saving half an hour is worth $0.50 or more

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An A-B design does not demonstrate a functional relationship between the treatment and the target behavior because there is no:
balandron [24]

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A pharmaceutical company announces that it has received Food & Drug Administration (FDA) approval for a new allergy drug tha
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3 years ago
All of the following are steps to help you be a good problem solver except:
andriy [413]
I would say that all of the following are steps to help you be a good problem solver except B and C. You need to define the problem and then set about creating solutions. For example, if it is becoming too expensive to haul ore out of an open pit because it its too deep so the haulage costs are prohibitive, then a  potential solution involves decreasing haulage costs by shortening the haul which can be resolved by extending in pit conveyors and crusher down close to the ore deep within the pit.
4 0
3 years ago
Read 2 more answers
If one unit of Product Z2 used $1.70 of direct materials and $3.70 of direct labor, sold for $10.00, and was assigned overhead a
vagabundo [1.1K]

Answer:

The correct answer is B

Explanation:

The gross profit is computed as:

Gross Profit (GP) = Selling price - Expense

where

Selling price amounts to $10.00

Expenses involve DM (Direct Material), DL (Direct Labor) and Overhead

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DL amounts to $3.70

And

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GP = $3.786 or $3.79

7 0
3 years ago
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