Answer:
do not Install guard rail because the guard rail cost exceed the expected benefits
Explanation:
given data
guard rail cost = $70,000
average damage = $10,000
guard rail prevent = 5 vehicles
to find out
What should the county do
solution
we know here guard rail cost is $70,000
but expected benefits = $10,000 × 5
expected benefits = $50,000
so we can say that do not Install guard rail because the guard rail cost exceed the expected benefits
Answer:
TRUE
Explanation:
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
In the short run, the firm would continue to operate if its revenue covers variable cost. if it doesn't it would shut down.
Answer:
The correct answer is C. Stand-alone branding.
Explanation:
In the model of independent brands (house of brands) different brands coexist independently acting on the basis of the different lines of business. This model allows attacking different market segments with specialist brands in each of them, but in the face of the great freedom it provides, minimal synergies between brands are used. For example, LVMH, the world leader in luxury products, has in its portfolio brands such as MOËT & CHANDON, DIOR, AG HEUER or SEPHORA, among others, which operate without any link to the corporate brand.
Answer:
$40,970
Explanation:
The computation of the total cost of the material K is given below;
Material needed for August sales:
= 14,000 × 3
= 42,000
Desired ending inventory:
= 14,500 × 3 × 20%
= 8,700
Beginning inventory:
= 2,500
Now
Purchases in August:
= (42,000 + 8,700 - 2,500) × $0.85
= $40,970
Answer:
- <u><em>To maximize the purchasing power of his income, Juand should accept the offert of Atlanta, GA.</em></u>
Explanation:
To answer this question you need the <em>comparative costs of living</em> in each of the trhee cities.
In a similar question, you can find the <em>cost of iiving indexes</em> for <em>Atlanta, Boston,</em> and <em>San Francisco</em>. Here is the table:
<em />
<em> Cost of living index</em>
<em>City (100 = U.S. City average)</em>
<em>Atlanta, GA 98</em>
<em>Boston, MA 160</em>
<em>San Francisco, CA 245</em>
Thus, to determine which offer <em>Juan should accept to maximize the purchasing power of his income</em>, divide each income by the cost of living index.
<u>Atlanta, GA:</u>
<u />
<u>Boston, MA</u>
<u>San Francisco, CA</u>
Rank the adjusted earnings in decreasing order:
- $510.20 > $437.50 > $407.16
Hence, in spite of the nominal earnings in Atlanta are the lowest, the higher cost of living indexes of the other cities, make that the offer from Atlanta the best one.
