Answer:
4 shirts
Explanation:
Principle of Optimization at the Margin states that the individual maximises utility when consuming a prpduct as long as the marginal benefit exceeds to marginal cost. If marginal cost is greater than the benefit the consumer will find another alternative.
In this instance Maria sees the short as value of $40, while sale price is $21
So when she buys the first shirt her perceived cost is now 40- 5= $35
For the second shirt perceived cost is 35-5= $30
For the third shirt perceived cost is 30-5= 25$
For the fourth shirt it is 25-5= $20
At this stage cost is slightly higher than the benefit and she will stop buying shirts.
Answer: -$200 or $200 loss
Explanation:
Profits are made on call options when the price of the underlying asset increases in value.
These contracts are sold per 100.
The premium paid is subtracted from the profit to find the net profit.
Net Profit = ( 1,301 - 1,300 - 3) * 100
= -$200
Answer:
Contribution margin per unit = $180
Explanation:
The contribution margin per unit is the amount that each unit contributes towards covering the fixed costs of the company after the variable cost of each unit has been covered. It is calculated by deducting the variable cost per unit from the selling price per unit.
Contribution margin per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = 450 - 270
Contribution margin per unit = $180
Answer:
(b) Social, and economic dimension
Explanation:
The dimensions of a business environment refers to the various factors that must be taken into consideration so as to have a sustainable business in a particular environment. These factors include the economic, legal, social, technological and political policies guiding a particular environment. If these factors are disregarded, the business can easily crumble.
In the question above, social factors that involve the incorporation of norms, values, beliefs, traditions, impact, and social trends ensures the smooth running of the business.
In the economic dimension, economic policies and systems that include taxes, interest rates, unemployment rate, stock market indices, etc. play a key role in the success of the business.
In order for more efficient workers to earn higher wages, a company would have to be using a <u>differential rate </u><u>pay </u><u>structure.</u>
<h3>What is a differential rate pay structure?</h3>
- Workers are paid based on time taken to complete tasks.
- Workers who finish by the time they are supposed to are paid higher.
Efficiency refers to finishing tasks in a particular time which means that those employees who finish on time are more efficient and will get a higher pay.
Find out more on<u> differential rate pay structure</u> at brainly.com/question/5044592.
