Answer:
F(x) = 15000 + (140 + 0.04x)
F(x) = 300 - 6x
15000 ÷ (300 - 6x - (140 + 0.04x))
Explanation:
Given that :
Fixed cost = 15000
Variable cost = 140+0.04x
Selling price = 300 - 6x
Number of units = x
Total cost :
Fixed cost + variable cost
15000 + (140 + 0.04x)
Total revenue :
300 - 6x
F(x) = 300 - 6x
Break even point :
Total cost = total revenue
Break even point (units) :
Fixed cost ÷ (selling price per unit - variable cost per unit)
15000 ÷ (300 - 6x - (140 + 0.04x))
Answer with explanation:
It is better for companies to offer a mixture of compensation programs instead of only one since it attracts a major number of competent workers. Some employees might be very selective at the time of choosing a job according to the benefits they could receive. For instance, a high executive could prefer to start working in an "A" firm since they organization offers an attractive number of stock shares per year as part of the compensation program instead of working for firm "B" that is not even publicly listed.
Answer:
The correct answer is option C.
Explanation:
The law of diminishing marginal utility means that keeping other things at constant the marginal utility derived from the consumption of a commodity goes on declining with each additional unit of the commodity.
So, the marginal utility from the first unit will be highest, that from second unit will be lesser, that from third even lower and so on.
In the examples given above, Wesly's case is most applicable to this.
So, option C is the correct answer.
Answer:
The correct words for the blank spaces are (<em>in that order</em>): low; high; opportunity; reservation.
Explanation:
For buyers and sellers to benefit from a transaction, the price of the goods or services offered must be at equilibrium. It implies the price is low enough for consumers to consider purchasing the product and high enough for producers to offer it earning a profit.
Besides, producers should consider their opportunity costs which are the costs of adding one more unit for production. On the other side of the road, consumers consumer their reservation price which is the maximum amount of money they could pay for a good or service based on the value they give to the product.
