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xz_007 [3.2K]
2 years ago
6

Store A offers an item you want for $750 with a yearly maintenance plan that will cost you $50 each year over the next five year

s. Store B offers the same item for $760 with a one time payment of $225 for a maintenance plan that is good for five years. If you take the best deal, how much will you pay?
Business
1 answer:
bagirrra123 [75]2 years ago
3 0

Answer:

$985

Explanation:

The total amount to be spent of store A

cost of the item: $750

yearly maintenance : 50 x 5 = $250

Total : $750 + $250

= $1000

For Store B

Cost of the item: $760

Maintenance plan: $225

Total: $ 760 + $225

=$985

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Answer:

$6,000,000

Explanation:

Change in risk = 0 in 1,000 to 1 in 1,000 = 0 to 0.001 = +0.001

Change in wage = $30,000 to $36,000 = +$6,000

Therefore:

wage/risk = 6,000/0.001

= $6 million or $6,000,0000

The value of a human life for workers with these characteristics should a cost-benefit analyst use is $6,000,000 because workers are willing to receive an extra $6,000 for a 1 in 1,000 increase in risk of death, implying a value of life of $6 million)Value of human life for workers with these characteristics = $6 million .

In order words the workers require $6,000 to accept a death risk of .001. The value of life implied by this is $6,000/.001 = $6,000,000.

4 0
2 years ago
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What are the factors of production required by jewellery shop to operate its business
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Answer:

See explain

Explanation:

There are 4 factors of production, land labor entreprenuership and capital.

The land of the jewellery shop would be the actual land that the store is on itself. The labor of the shop would be any of the work that any employees are doing. The capital would be any goods or machinery that is used in the store like cash registers, or bulletproof glass to protect their belongings, or any tools that the store uses to help make their jewellery etc. The last and final factor entrepreneurship might be for example the owner of the store, who manages the other 3 factors to bring a profit to the store.

4 0
2 years ago
Maize Company incurs a cost of $34 per unit, of which $21 is variable, to make a product that normally sells for $59. A foreign
meriva

Answer:

A.$42,700 increase

B. Yes

Explanation:

A.

Selling price unit $30

Variable cost unit ( 21)

Logo ( 2)

Contribution margin unit $ 7 x 6,100 units = $42,700 increase

Therefore the increase in net income Maize will realize by accepting the special order, assuming Maize has sufficient excess operating capacity is $42,700

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3 0
3 years ago
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AURORKA [14]

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The declaration of the customer as bankrupt is an adjusting event since it affects the receivable collection, hence the need to adjust it as uncollectible,

4 0
2 years ago
Select the correct answer.
irga5000 [103]
$60, because 4 percent of 300 is 12, and 12*5 years is $60 earned through interest.

The answer is 60.
5 0
3 years ago
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