Answer:
$27,600
Explanation:
The maximum amount that the university should pay must be equal to the variable costs of the personnel department. The department's total costs are $35,500 and the variable costs are $22,000 and the avoidable fixed costs are $5,600, so as long as the university pays up to $27,600 (= $22,000 + $5,600) to the outside vendor, then it will not have increased its total costs.
The fixed non-avoidable costs = $35,500 - $22,000 - $5,600 = $7,900 will remain regardless of what decision is made. If the university pays more than the variable costs and avoidable fixed costs, e.g. $28,000, then total costs would be $36,900 which results in a $400 increase.
Answer:
<em>(A) Customer-perceived value.</em>
Explanation:
- <em>Objective value </em>is based on facts, observance and results of a specific process. The results observable may be of the advertising efforts, logistics and inventory control, shift in product promotion approach and customer focused approach followed by the firm etc.
- <em>Demand </em> is the quantity of a particular good, the customers are desiring and willing to purchase at a certain point of time.
- <em>Exchange</em> refers to a transaction of sale and purchase of a good or service.
- <em>Satisfaction</em> is the measure of happiness. A customer can be delighted or disappointed with a firm's product.
Now, we are left with <em>Customer-perceived value which is the customer's evaluation of the difference between all the benefits and all the costs of a market offering relative to those of competing offers. </em>A higher <em>customer perceived value</em> can bring customer loyalty and good product feedback to other potential customers, which can make the product seller's prospects bright for the future.
The reason as to why his economic rent is so high because of
the reason that there is still a high demand in regards of his star appeal
which is letter A. as he was known to be a professional football receiver, even
if he is retired, he still considered to be known or popular in which makes him
to be in high demand and resulting for his economic rent to be high.
Answer:
Utility is a term in economics that refers to the total satisfaction received from consuming a good or service. ... The economic utility of a good or service is important to understand, because it directly influences the demand, and therefore price, of that good or service.
IN SIMPLE WORDS:
A utility is an important service such as water, electricity, or gas that is provided for everyone, and that everyone pays for. ... public utilities such as gas, electricity and phones.
<em><u>Please mark as brainliest if answer is right </u></em>
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