Answer:
See the explanation below.
Explanation:
The court likely to rule in favor of Ewing.
The reason is that the enough consideration that gives backing to a promise in this case is generally the waiver of a legal right to eat to obesity as requested by the other party.
The evidence that Ewing has lost 154 pounds in weight over the stipulated period is a consideration that sufficient enough under the law. The payment of $10 pound that Ewing has lost is a promise. The fact that Ewing also benefit from the weight loss does not matter.
Marginal utility is the extra satisfaction gained from consuming one more unit of a good.
Answer: $0.79.
Explanation:
Given that,
Tendered bill = $5
Bill charged = $4.21
Therefore,
The change due is calculated by subtracting bill charged from tendered bill.
Change due = Tendered bill - Bill charged
= $5 - $4.21
= $0.79
Hence, change in dollars would be $0.79.
Answer:
$62,100
Explanation:
Given that,
Sales price per unit = $ 40
Variable costs per unit:
Manufacturing = $ 23
Marketing and administrative = $ 8
Total fixed costs:
Manufacturing = $ 76,000
Marketing and administrative = $24,000
Total incremental costs:
= Variable manufacturing + Variable marketing and administrative
= (6,900 × $23) + (6,900 × $8)
= $158,700 + $55,200
= $213,900
Incremental income:
= Incremental revenue - Total incremental costs
= (6,900 × $40) - $213,900
= $276,000 - $213,900
= $62,100
Therefore, the operating income increases by $62,100.
