Explain the relationship between deductibles and premiums

A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have

Ronch [10]

Answer:

Alternative A : 7,800 units

Alternative B: 5,250 units

Explanation:

$\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}$

Were:

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$

for A:

15 - 10 = 5 contrbution margin

each unit contributes 5 dollars

then: $39,000 fixed cost / $5 per unit = 7,800 units

It need to sale 7,800 untis to pay the fixed cost generated for alternative A

for B:

15 - 11 = 4 contribution margin

each unit contributes 4 dollars

then: $21,000 fixed cost / $4 per unit = 5,250

It need to sale 5,250 units to pay the fixed cost for this alternative

7 0

3 years ago

Making decisions often involves financial and nonfinancial factors. Provide a hypothetical example from your personal life of a

zheka24 [161]

Answer:

Yes, it is very much true that making decisions often involve both financial and non-financial factors. There are some situations in life where we have to consider both of them in order to make a valid or correct decision. For example, when we are buying a laptop, we will definitely consider its price and other specifications like, hard drive space, ram, but we will also consider its style, design and color as well not only price. In another case, when we have to choose between three jobs. One job offers $10000 per month in New York city, while other is offering $15000 in London and third one in China offering $18000. I love to live in New York city which is quite near to my hometown as well but it is offering me the less salary as compared to the other 2 options, I have to do a trade-off here. I will go for opting New York's job in $10000, I will not considering money factor here because I will be more comfortable in this city as many of my family members and friends live here, hence, sometimes both financial and non-financial factors matter when we have to make a decision.

4 0

3 years ago

according to age-earnings data, group of answer choices high earnings are due to motivation and innate ability, rather than educ

Delvig [45]

One of the indicators used in research on income levels is age. The result of research on age-earnings data is that investments in education result in higher earnings. Hence, the correct option is (D).

<h3>What is the Relationship Between Education and Earnings?</h3>

Based on the results of the research, it was found that people who have a higher level of education tend to have a higher level of income. This makes sense because, with a high level of education, a person basically has higher job opportunities. In addition, the knowledge possessed by someone with higher education allows that person to find the most appropriate solution to problems that exist in the business world.

Learn more about the relationship between employment and education at brainly.com/question/29338947

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3 0

1 year ago

If water is transparent, Why cant we see the fishes in the sea when we look at it?

Free_Kalibri [48]

Answer:

Water has a much higher refractive index, so does the material that the animals are made of so you can really make that difference in how light moves through the materials very minimal; therefore you can't see them. Even a piece of glass underwater is very difficult to see because that glare just doesn't happen.

i did get this from g00gle so it may be considered pagerism so just try to put it in your own words

Explanation:

7 0

3 years ago

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Explain external economics and external diseconomics

Effectus [21]

Answer:

If the social cost of an activity exceeds the costs relevant to the decision makers in the activity , there is an external diseconomy . If the benefits of an activity exceed its marginal cost , there is an external economy .

Explanation:

Thaats whaaat upp

4 0

3 years ago

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