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Alex
3 years ago
6

What other cost categories are not reflected in the budget above? And how much do you estimate they will cost

Business
1 answer:
BaLLatris [955]3 years ago
3 0

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

The other cost categories that are not reflected in the budget above are the following.

Monthly internet subscription, recreational center, laundry, school expenses, entertainment, home supplies, and drugstore. (which include, cream, shampoo, soap, toothpaste, etc.)

And how much do you estimate they will cost?

Monthly internet subscription $15

Recreational Center $25

Laundry $30

School expenses  $20

Entertainment $100

Home supplies $25

Drugstore (which include, cream, shampoo, soap, toothpaste, etc.)  $50

The key here is not only to have a good budget but respect it and follow through. Otherwise, you will have problems at the end of the month trying to make ends meet.

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Max and maddy charge people to park on their lawn while attending a nearby craft fair. At the current price of $10, seven people
guapka [62]

Answer: c. They would do better charging $15 than $10.

Explanation:

It is given that Max and Maddy total cost of car parking remains the same, that is it does not matter whether they have seven or five cars parked on their lawn. So, since total cost is constant, Max and Maddy's decision would depend on total revenue.

Profit = TR- TC

Total revenue from charging, $10 is $70,

Total revenue from charging $15 is $75.

Since, total cost is constant, Max and Maddy will choose to charge $15 since it is giving them $5 more.

5 0
3 years ago
At Lequals86​, Kequals90​, the marginal product of labor is 8 and the marginal product of capital is 2. What is the marginal rat
Sidana [21]

Answer:

0.25

Explanation:

The marginal rate of technical substitution (MRTS) can be described as the rate of a reduction is one factor to maintain the same production level when another factor is increased.

Given that labor is measured on the horizontal axis, the MRST of K for L can be calculated as follows:

MRST_{KL} = \frac{MP_{K} }{MP_{L} }

Where;

MPK =  Marginal product of capital = 2

MPL = Marginal product of labor = 8

Substituting the values into the equation, we have:

MRST_{KL} = \frac{2}{8} =\frac{1}{4} = 0.25

This implies that 0.25 of capital must be given up to have one unit of labor.

3 0
3 years ago
Next week, super discount airlines has a flight from new york to los angeles that will be booked to capacity. the airline knows
Setler79 [48]
The cost of underestimating the demand is considered a revenue loss that arises due to cancellation of flight costing $134. Hence, cost of underetimating the demand is C_u=\$134.

The cost of overestimating the demand is known as rewards. For example, free round trip ticket worth $263. Hence, the cost of overestimating the demand is C_o=\$263.

\frac{C_u}{C_u+C_o} = \frac{134}{134+263}  \\  \\ = \frac{134}{397} =0.3375

The z-score that yields a p-value of 0.3375 is -0.4193.

Thus, super discount airlines should overbook the flight by 35 + (-0.4193 x 24) = 35 - 10.0632 = 24.9368 = 25 seats.

Therefore, super discount airlines should overbook the flight by 25 seats.
4 0
3 years ago
Which example envolves a real world restriction that can affect your decision making process?
lbvjy [14]
I think the answer is family disputes
7 0
3 years ago
As organizations expand into global markets, business communicators need to become aware of their own culture and how it differs
Natalka [10]

Answer:

1. Robust middle class growth

2. Technological advancements

3. a) A beer and wine selection primarily made up of U.S. brands

b) A policy forbidding employees from dating each other

d) A friendliness policy encouraging employees to smile at customers

e) Plastic bags

Explanation:

Middle class growth in different countries in recent times have increased the sake of smartphone and tablets globally

Technological advancements in the second question would be the only cause of better technologies such as the use of video teleconferencing in the example

The people in this country would not like the listed options as shown here

7 0
3 years ago
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