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Vsevolod [243]
3 years ago
14

An Uber driver faces costs for driving that include sunk costs like insurance that contribute $.50 to the average cost per mile.

Yet when a rider offers to pay less than $0.50 per mile for a ride, the driver agrees because
Business
1 answer:
KonstantinChe [14]3 years ago
3 0

Answer:

sunk costs like auto insurance (in this case) do not increase as driving increases

Explanation:

In the case when the uber driver faces cost for driving so the sunk cost such as insurance that contribute $0.50 but the other rider pay lower than $0.50 per mile so here the driver agrees as the sunk cost would not increased in the same way like driving rises.

Therefore the above represent the answer

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Rankings in a search engine, such as Google or Bing, may determine the desirability of a product. In this form of marketing, a c
kherson [118]

Answer: Search Engine Marketing

Explanation:

Search engine marketing (SEM) is a form of Internet marketing that involves the promotion of websites by increasing their visibility in search engine results pages (SERPs) primarily through paid advertising.

They achieve this by finding the most relevant and popular keywords for the site and its products, and using those keywords on the site in a way that will generate and convert traffic.

6 0
3 years ago
A whole life insurance policy in which premiums are reduced for an initial period (e.g. 3 years) and are higher thereafter is an
sp2606 [1]
<span>This is an example of modified life policy. In modified life cycle, the premium differs at different stages of life. In the initial period, the person is fit and healthy and hence the premiums are low while at the later stage, a person develops various kinds of diseases and hence accordingly the premiums are increased at a later stage to compensate for that.</span>
3 0
3 years ago
Job 412 was one of the many jobs started and completed during the year. The job required $9,500 in direct materials and 35 hours
forsale [732]

Answer:

The appropriate answer is "$8,457,50".

Explanation:

The given values are:

Direct material cost,

= $9,500

Direct labor cost,

= $10,400

Units completed in job 412,

= 4

Now,

The total cost for completion of job 412 will be:

=  Direct \ materials \ cost + Direct \ labor \ costs

On substituting the values, we get

=  9,500 + 10,400

=  19,900 ($)

Unit produced cost will be:

=  \frac{19,900}{4}

=  4,975 ($)

70% of unit produced cost will be the profit margin, then

=  70 \ percent\times 4,975

=  3,482.50 ($)

hence,

The price charged to the customer will be:

=  Unit \ product \ cost + Profit \ margin

On substituting the values, we get

=  4,975 + 3,482.50

=  8,457,50 ($)

3 0
3 years ago
If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will _________ the quantity demand
UkoKoshka [18]

If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will <u>increase </u>the quantity demanded by about  <u>2.5%</u>.

Price elasticity of call for is a measurement of the trade in the intake of a product on the subject of exchange in its price. Expressed mathematically, it's miles: charge Elasticity of demand = percent trade-in quantity Demanded / percentage trade-in rate.

we are saying a great is price elastic whilst growth in prices causes a bigger % fall in demand. e.g. if fee rises 20% and demand falls 50%, the PED = -2.five. Examples consist of Heinz soup.

Learn more about Price elasticity here: brainly.com/question/24384825

#SPJ4

6 0
2 years ago
You're an agency that needs to know the technical specifications to build and implement your upcoming video campaign. where can
kodGreya [7K]
The correct answer is:
<span>In the Google Display Specifications site
</span>
Source, explanation and more answers: <span>https://goo.gl/94uU63</span>
7 0
3 years ago
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