Answer:
Contribution margin = $200,000
Explanation:
As per the data given in the question,
Contribution margin = Sales - Variable expense
Number of books = $880,000 ÷ $55
=16,000
Gross margin = 340,000
Variable selling expenses = 16,000 × $6
=$96,000
Variable administrative expense = $880,000 × 5%
=$44,000
Total = $96,000 + $44,000
= $140,000
Contribution margin = $340,000 - $140,000
= $200,000
<span>As there is no set of options given with the question, we'd go with one difference which is most conspicuous between the two types of countries. That difference is the standard of living and amenities in the incone range of the masses. In developing countries, people still have to give up on necessary amenities which are normal to have in developed countries.</span>
The choices are:
A. special cause variation.
B. common cause variation.
C. short-term variation.
<span>D. long-term variation.
</span>
The answer is A. special cause variation. In a management-controllable variation, the strategy is to separate common from the special cause of variation. It is all about the management control and not worker control. However, once it is identified the workers should know about it and have the tools to solve it.
Joe should decrease his consumption of crackers and his marginal utility from crackers will increase and also increase his consumption of cheese and his marginal utility from cheese will decrease .
<h3>What happens to marginal utility when consumption decreases?</h3>
According to the Law of Diminishing Marginal Utility, the additional utility derived from increasing consumption declines with each additional increase in consumption level.
What happens to marginal utility when consumption increases?
According to the law of declining marginal utility, when consumption rises, the marginal utility gained from each extra unit decreases, all other things being equal.
Why does marginal utility decrease as more is consumed?
- Consumers will only purchase more of a specific good if the price drops since they get less satisfaction from consuming more units of that good.
- Thus, the law of diminishing marginal value contributes to the understanding of the law of demand.
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Answer:
PART A
(1) In order to meet its demand for cars
(2) in order to use Waymo's Technological advancement in development self driving cars with GM.
(3) In order to strategically position the company to compete favourably in the car lift market and car sharing.
PART B
NO,all the reasons are equally important.
PART C
They are all needed in order to strategically position the company in terms of availability of cars with the required modern technological trends needed to compete favourably in the market for lift cars and car sharing.
Explanation:GM(General Motors) is an American car manufacturer with a long time experience in auto Manufacturing.
Lyft is a car lift and car sharing service provider, it is an American brand with its head quarters in California,United States of America.
Waymo(way forward in mobile)is an American self driven vehicles Manufacturing Company, it is a member of the Alphabet Inc, who also own Google.