Answer:
Diamond Boot Factory
Differential income per pair of boots from accepting the special order is:
= $7.00.
Explanation:
a) Data and Calculations:
Selling price of specialty boots = $26 a pair
Variable cost per boot = $9
Special offer for 70 boots at $18 per pair
Additional stitching cost = $2
Total variable cost for the special order = $11 ($9 + $2)
Revenue from the special order = $1,260 ($18 * 70)
Variable cost for the special order 770 ($11 * 70)
Differential income = $490 ($7 * 70)
<span>Athletes who train at high altitudes increase their red blood cell count and thus increase their oxygen supply during exercise. Increased oxygen supply results in more amount of oxygen laden blood supply to the muscles of the body.</span>
Answer:
option (c) $875 per year
Explanation:
Given;
Average cost of collision claims for careful drivers = $500 per year
Average cost of collision claims for for poor drivers = $3000 per year
Poor drivers known by the company = 15%
thus,
Careful drivers = (100% - 15%) = 85%
Therefore,
Insurance company's breakeven price for the collision insurance
= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)
= 0.15 × $3000 + 0.85 × $500
= $450 + $425
= $875 per year
Hence, the correct answer is option (c) $875 per year
Answer:
A
Explanation:
While dealing with a DOG situation, it is best to disinvest in the product and focus on other products with greater market potential
Answer:
A production combination outside of the PPF is unattainable by the economy with the given resources and technology.
This represents the Concept of scarcity in economics.
If the economy wishes to achieve the production point outside the frontier, they will have to enhance the production possibility capacity by introducing new technology or finding new resources.
Explanation:
