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gregori [183]
3 years ago
11

Assume you own a churro stand. Also assume the next unit of labor that you hire produces 16 churros per hour, and the next machi

ne you could buy makes 21 churros per hour, Assuming you were seeking to expand churro production, which should you as a profit-maximizing firm hire next
Business
1 answer:
egoroff_w [7]3 years ago
6 0

Answer: Not enough information because the cost of each resource is not given.

Explanation:

With regards to the question, there's no enough information given in order to know the factor to hire next as a profit-maximizing firm.

Even though from the question given, the machine can make more churros per hour than the next unit of labor, the coat of both resources isn't given, therefore we cannot be certain on which one to choose.

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_____ is a practice where a store sends coupons to a customer, who has already bought a product from the store, for a more expen
Kaylis [27]

<em>Answer:</em>

<em>Upselling   </em><em>               </em>

<em>Explanation:</em>

<em>Upselling: </em><em>The term "upselling" is described as a specific sales technique in which a seller generally induces different customers to buy or purchase items that are considered as more expensive, upgrades or any other "add-ons" while making an effort to create a profitable sale. </em>

<em>In other words,</em><em> it is referred to as a practice or an effort to encourage various customers to buy high-end products. This is a method of persuading customers.</em>

<em>As per the question, the given statement signifies "upselling".</em>

3 0
3 years ago
Kristen saved for over a year so that she could afford a trip to the super bowl if her favorite team won the title. she was exci
EleoNora [17]

Answer:

This is effort justification

Explanation:

Kristen is justifying the effort of going to the Superbowl. She is saying she had a good time even though her team lost and the game was boring.

5 0
4 years ago
Question 1 (10 points) You are faced with a problem. You want to go to the movies with your friends and see the latest action fl
Ray Of Light [21]

The dilemma is to decide whether to ignore mother's orders or comply with them in this situation.

<h3>What is Opportunity Cost?</h3>

Opportunity Cost refers to the losses incurred on leaving the other possible alternatives in the decision making and choosing the one. It is the value of the best alternative choose in the process of the decision making.

In the Above situation,the individual would enjoy with friends if he goes to watch the movie However it can lead to trouble with his mother.

However, if individual does cleaning of the lawn; the price would be the fun you would have to forgo.

The best course of action would be to obey your mother because the consequences of doing otherwise are much worse.

Learn more about Opportunity Cost here:

brainly.com/question/12121515

#SPJ1

7 0
2 years ago
How long would it take for Nico to save an adequate amount for retirement if he deposits​ $40,000 per year into an account begin
dalvyx [7]

Answer: It will take Nico approximately 12 years

Explanation:

Payments = $40000

r = 12%

Future Value = 1000 000

Future Value annuity = Payments((1 + r)^n - 1)/r

1000000 = 40000((1 + 0.12)^n - 1)/0.12

40000((1.12)^n - 1) = 1000000 x 0.12

(1.12)^n -1 = 120000/40000

(1.12)^n = 3 + 1

nlog(1.12) = log(4)

n = log(1.12)/log(4) = 12.232510748

n ≈ 12 years

It will take Nico approximately 12 years

6 0
3 years ago
Read 2 more answers
In conducting their research, economists often substitute historical events and historical episodes for
podryga [215]

Answer:

b. laboratory experiments.

Explanation:

Laboratory experiments -

It refers to the practice of an experiment in a appropriate and controlled condition , is referred to as the laboratory experiments .

In this case , the experiment involve some standard conditions , which are necessary for the experiment to occur  .

Hence , from the given information of the question,

The correct option is laboratory experiments.

8 0
4 years ago
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