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Bogdan [553]
3 years ago
12

Brenda and Louise are twin sisters who each married 20 years ago. Brenda and her husband run a small piano tuning business. They

have had a small, loyal customer base, and their modest but adequate income has not changed over time. Louise and her husband each work for a corporation, and their incomes have steadily increased over the last 20 years allowing them to increase their standard of living. Assuming that Brenda and Louise began their married lives equally happy, and based on their income histories alone, what would you predict about the subjective well-being of Brenda and Louise today
Business
1 answer:
NeX [460]3 years ago
5 0

Answer: Probably, still happy

Explanation:

People measure success differently, and what makes an individual happy may not be applicable to another, some person's gain satisfaction in doing their own business, while some prefer working for other people. This is why there isn't any specific measure for people's success. Concerning Brenda and Louise, there is a great possibility that they are happy in their various endeavors, having chosen a particular career part and stuck to it for years. This doesn't mean they won't have challenges but means they are happy where they are.

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A chemical manufacturer is setting up capacity in Europe and North America for the next three years. Annual demand in each marke
Yuri [45]

Answer:

Explanation:

The two choices under consideration are building 4 million units of capacity in North America

YEAR                         1                    2                           3  

Production and Sales 4,000,000.00   4,000,000.00   4,000,000.00  

Variable cost @ 10  40,000,000.00   40,000,000.00   40,000,000.00  

Divide by:

Conversion Factor  1.33                         1.33                     1.33  

Multiply by:

Growth(.1*.5)+(-.05*.5) 1.025                        1.025^2                  1.025^3  

NET CASHFLOWS  30,827,068.00   31,597,744.00   32,387,688.00  

DCF @ 10%     0.909090909           0.83                  0.75  

Present Values  28,024,607.27   26,113,838.02   24,333,349.36  

NET TOTAL COST 78,471,794.65  

or building 2 million units of capacity in each of the two loca-tions. Building two plants will incur an additional one-time cost of $2 million.

YEAR                  0            1                      2                              3  

Production and Sales       4,000,000.00      4,000,000.00   4,000,000.00  

Variable cost @ [(10+9)/2] 38,000,000.00  38,000,000.00   38,000,000.00  

Additional cost  2,000,000.00      

Conversion Factor     1.33     1.33                   1.33                       1.33  

Growth(.1*.5)+(-.05*.5)    1.025               1.025^2              1.025^3  

CASHFLOWS  1,503,759.40  29,285,714.29  30,017,857.00  30,768,304.00  

DCF @ 10%       1           0.909090909    0.826446281 0.751314801  

Present Value 1,503,759.40  26,623,376.62   24,808,146.28   23,116,682.19  

NET TOTAL COST = 76,051,964.50  

DECISION: The manufacturer should build 2 plants in 2 different locations because it gives a lower net present cost

<u>At what initial cost differential from building the two plants will the chemical manufacturer be indifferent between the two options?</u>

The difference in both options came from the fact that variable cost is lower in Europe and building the plant is more expensive. If there is no increase in cost and variable cost is same everywhere, then both options will be same.

5 0
3 years ago
The fabric costs $14.00 per yard.if you buy 5 yards or more, you can get 20% off.how much would five yards cost on sale?
Rasek [7]
If you were to buy 5 yards at $14 a yard, your first cost would be at $70. But with 14 being 20% of 70, you would subtract 14 out of the $70, which would leave your final cost at $56.
7 0
3 years ago
The Average Product of Labor is __________.
sveticcg [70]

Answer:

A) the ratio of output to the number of workers used to produce that output.  

Explanation:

As per definition, the average product of labor = Total Output/Number of workers employed .

All the other choice involve the change in total cost/revenue/output which means it will be Marginal and not average.

3 0
3 years ago
Imagine that your boss has given you the task of giving a speech at the next staff meeting about new office procedures. What que
Kipish [7]
First and foremost, specifically which topics to cover and how much time to take covering them.
I would ask those questions because my boss may have a different idea of what needs to be communicated than I.  My boss may also have a different objective for the communication than I realized and I may be able to enhance that message in some way.
6 0
3 years ago
Which type of system would you find citizens paying higher taxes in order to have the Government provide some benefits for socie
kkurt [141]

Answer:

ghihgihihgiogiog

Explanation:

4 0
2 years ago
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