Answer: Sunk cost
Explanation:
Sunk cost also sometimes referred to as past cost is a cost that has already been spent by an individual or firm and cannot be recovered.
From the question, if $500 was spent last week in fixing the transmission in a car and the brakes are now acting up, and one has to decide qwhether to fix them or trade the car in for a newer model.
The amount spent on the brake situation in this case is a sunk cost as it has already been incurred and nothing can be done about it anymore.
Answer:
C(100) = (75 x 100) + (200 x 100) = $27,500
Explanation:
the initial cost function of producing bikes is:
C(x) = 75F + 100W
the initial cost to produce 1 bike = $75 + $100 = $175
if the cost of wheels increase to $100 each, then the cost function is:
C(x) = 75F + 200W
in this case, there is not much to calculate since every bicycle must have 1 frame and 2 wheels, that means that in order to produce 100 bicycles you will necessarily need 100 frames and 200 wheels. Labor is not considered in this cost function, so any cost minimization strategy is limited to using the minimum amount of parts:
C(100) = (75 x 100) + (200 x 100) = $27,500
Answer:
B. Managers; Leaders
Explanation:
Managers are the ones that "manages" as company. They are responsible to directing, controlling, supervising and staffing a company or an organization. The help in coordination of activities in order to achieve the organization's or company's goal. The are mainly focused on doing things right in order to achieved set goals through predetermined plans.
A leader is broader than a manager. A leader is a person that influences people or workers under him in the aim of achieving a goal. A leader is focused on doing the right thing through good leadership and management.
Answer:
B. You present updated SMART goals better aligned with your projected MQLs for the campaign’s remaining two months, based off the first month’s data.
