2. (10 pts.) Referring to the table below, hiring a driver costs $10. Each machine costs $100. Which method should he use and why?
2. (10 pts.) Referring to the table below, hiring a driver costs $10. Each machine costs $100. Which method should he use and why?
(Brickley, J., et al., 2009, p.20) 2. (10 pts.) Referring to the table below, hiring a driver costs $10. Each machine costs $100. Which method should he use and why?
In this task I was asked to tell Shafal the importance of cost, revenue and profits are all important to running a business. In section b I was asked I was asked to give examples what would happen if the Shafal does not bring revenue and she doesn’t make profit. Profit means the amount left from sales revenue after deducting the cost of producing the goods and services. The importance of profit for Shafal is that this canhelp the business to expand byreinvesting the profits in to the business. If she makes profit she can invest in new equipment or machinery e.g.
This statement is true for: 29 What method of inventory valuation should be used for economic decision-making problems? 30 ____ are defined as costs which are incurred regardless of the alternative action chosen in a decision-making problem. 31 If TC = 321 + 55Q - 5Q2, then average total cost at Q = 10 is: 32 According to the theory of cost, specialization in the use of variable resources in the short-run results initially in: MIDTERM QUIZ 2 The different methods by which the sellers inform their potential buyers about the product is called: knowledge
This statement is true for: 29 What method of inventory valuation should be used for economic decision-making problems? 30 ____ are defined as costs which are incurred regardless of the alternative action chosen in a decision-making problem. 31 If TC = 321 + 55Q - 5Q2, then average total cost at Q = 10 is: 32 According to the theory of cost, specialization in the use of variable resources in the short-run results initially in: MIDTERM QUIZ 2 The different methods by which the sellers inform their potential buyers about the product is called: knowledge
0.1/0.6/0.8/0.7 0.6/5.4/3.6/4.8 0.3/1.5/2.7/1.8 Totals: 1.0/7.5/7.1/7.3 Brand B is best choice when considering these factors. Tammy is also likely to consider product price. 2. Based on the following, calculate the costs of buying and of leasing a motor vehicle. Purchase Costs | Leasing Costs | Down payment $1,500 | Security deposit $500 | Loan payment $450 for 48 months | Lease payment $450 for 36 months | Estimated value atEnd of loan $4,000 | End of lease charges $600 | Opportunity cost interest rate: 4 percent | Purchasing vehicle: $1,500 + [$450 x 48mths ] - $4,000 + [$1,500 x 0.4% x 4yrs] = $19,340 Leasing vehicle is: [$450 x 36mths] + $600 + [$500 x 0.4% x 3yrs] = $16,860 3.
We would have paid attention to how the economy was doing. If the market was in a recession and was going to be for a long period of time we would have manufactured a cost effective entry level electric scooter. One that would have the bare necessities to get from point a to b. An entry level price point would help fit the consumer’s needs. Once the brand was established and the market had recovered then we would start to introduce a higher end
Whether you will be buying it outright with cash, or taking out a car loan. In either case you want to want to budget the price. In the case of a loan you want to find out how much you can afford to spend every month and not be eating ramen noodles every night. You also can not forget to include the price of title transfer and registration fees on top of the price of the car. Plus you then want to get a quote from your insurance company to find out how much your insurance will be
Some may say that hybrids are beneficial to the economy but they leave out the high costs, safety issues, and difficulties that come with buying a hybrid vehicle. The high cost of owning a hybrid vehicle is outrageous, you have to buy a very expensive battery, car charger, and you can’t forget maintenance on the vehicle, when it comes time to repair it. The price of owning a hybrid car is shocking, it can range anywhere from $30,000 to $45,000, and can even cost over $110.000 for some of the most advanced models (All Data Base). If you think this price is fair for this type of vehicle, wait until you have to replace the batteries, because once the car battery ages it will hold less charge, meaning the battery will die faster, and eventually you will have to replace the battery packs, or you may have to buy a new car. These batteries cost anywhere from $3,000 to $8,000 (Auto.Serv.pg.