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agasfer [191]
2 years ago
8

You have the option to play tennis or a round of golf​ (but not​ both). The tennis match requires you to take 2 hours off from w

ork and the round of golf requires you to take 4 hours off from work. Playing tennis has value to you equal to ​$70​, while golf has value to you equal to ​$105. Tennis courts are publicly available at no​ cost, but golf costs ​$20 per round. Suppose your wage from working is ​$12 per hour.The net benefit from playing tennis is $ ___ and the net benefit from playing golf is $ ___ (Enter your responses as integers).
Business
1 answer:
Gre4nikov [31]2 years ago
7 0

Answer:

Explanation:

Value ( Playing Tennis) = $70

Value ( Playing Golf) = $105

Net benefit (Tennis) =$70-($12 x 2hr)

                                 = $70-$24

                                 = $46

Net benefit (Golf) = $105-$20-($12 x 4hr)

                             = $85-$48

                             = $37

You have the option to play tennis or a round of golf​ (but not​ both). The tennis match requires you to take 2 hours off from work and the round of golf requires you to take 4 hours off from work. Playing tennis has value to you equal to ​$70​, while golf has value to you equal to ​$105. Tennis courts are publicly available at no​ cost, but golf costs ​$20 per round. Suppose your wage from working is ​$12 per hour.The net benefit from playing tennis is $ 46 and the net benefit from playing golf is $ 37

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An aircraft company has an order to refurbish the interiors of 18 jet aircraft. The work has a learning curve percentage of 80.
gavmur [86]

Answer:

a. 125.43 hours

b. 767.92 hours

c. 2,129.04 hours

Explanation:

Using the mathematical approach, we have :

y = ax ^b

Where ,

y is the average time to manufacture x units

a is the time its takes to manufacture first plane

b is the log of 80% divided by log 2

Then,

Average time for 5 planes = 300 (5)^-0.322

                                            = 178.67 hours

Total time for 5 planes = 178.67 hours × 5

                                      = 893.35

Average time for 4 planes = 300 (4)^-0.322

                                            = 191.98 hours

Total time for 5 planes = 191.98 hours × 4

                                      = 767.92 hours

The fifth plane would take =  893.35 - 767.92

                                            =  125.43 hours

Average time for the 18 planes = 300(18)^-0.322

                                                    = 118,28 hours

Total time for 18 planes = 118,28 hours × 18

                                       = 2,129.04 hours

5 0
2 years ago
A bloomberg businessweek north american subscriber study collected data from a sample of 2861 subscribers. fifty-nine percent of
ollegr [7]

a. The population of this study consists of all subscribers to Bloomberg Newsweek in North America.

b. Quantitative variables are those that can be measured numerically. Annual income is a quantitative variable since it can be expressed in numbers.  

c. Categorical variables are those that can’t be quantified. They can only take on a fixed number of values. In this case, the question ‘do you own an American express credit card’ can take on only two values – Yes or No. So, the ownership of an American Express credit card is a categorical variable.

d. The data above gives two different values that describe the same population at the same time, it involves cross-sectional data.

Time-series data refers to data that is collected at equally spaced time intervals. For e.g. production of wheat in each year for the last 10 years, the amount of rainfall received over each of the last five years etc.

Cross-sectional data refers to data from many (similar)individual groups at one given point in time. For e.g. Prices of different varieties of corn on a particular day.

e. On the basis of the survey, Bloomberg Newsweek might infer that at least some of its subscribers with an income of $75,000 or more have an American Express credit card.

4 0
2 years ago
John bought a waterfront lot with a setback requirement of 50 feet from the street. the lot is only 100 feet deep and drops off
LenKa [72]
<span>He would apply for a variance. This would allow John to deviate from the current zoning laws as set by the location that he is living in. This variance would give John the ability to build his home to the dimensions required by the land, as well as still being able to meet the specifications he is wanting.</span>
3 0
2 years ago
Jervis sells $75,000 of its accounts receivable to Northern Bank in order to obtain necessary cash. Northern Bank charges a 5% f
Natasha2012 [34]

Answer:

Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.

Explanation:

Step 1 of 2

Calculate the amount of factoring fee.

Factoring fee = 5% ×Account Receivable

=5%×$75,000

=$3,750

​

Step 2 of 2. Journey record. Image attached.

Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.

4 0
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Which feature should a Consultant recommend to allow a Tier 2 Service Representative to take over case processing from Tier l an
True [87]

Answer:

B

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6 0
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