You have new items in your feed. Click to view.
Question and answer
Owen runs a delivery business and currently employs three drivers. He owns three vans that employees use to make deliveries, but he is considering hiring a fourth driver. If he hires a fourth driver,
he can schedule breaks and lunch hours so all three vans are in constant use, allowing him to increase deliveries per day from 60 to 75. This will cost an additional $75 per day to hire the fourth driver. The marginal cost per delivery of increasing output beyond 60 deliveries per day A. is $0 because Owen does not have to purchase another van B. is $5 C. is $75 D. cannot be calculated without knowing Owen's total fixed costs
The marginal cost per delivery of increasing output beyond 60 deliveries per day is $5.
Get an answer
Original conversation
User: Owen runs a delivery business and currently employs three drivers. He owns three vans that employees use to make deliveries, but he is considering hiring a fourth driver. If he hires a fourth driver, he can schedule breaks and lunch hours so all three vans are in constant use, allowing him to increase deliveries per day from 60 to 75. This will cost an additional $75 per day to hire the fourth driver. The marginal cost per delivery of increasing output beyond 60 deliveries per day A. is $0 because Owen does not have to purchase another van B. is $5 C. is $75 D. cannot be calculated without knowing Owen's total fixed costs

Weegy: The marginal cost per delivery of increasing output beyond 60 deliveries per day is $5.
Expert answered|debnjerry|Points 31138|

User: Expected economic profit per unit is equal to A. expected price B. expected average total cost C. the difference between expected average price and expected average total cost D. the difference between expected total revenue and expected total cost

Weegy: Expected economic profit per unit is equal to C. the difference between expected average price and expected average total cost
Expert answered|debnjerry|Points 31138|

User: If a firm in a perfectly competitive market experiences a technological breakthrough, A. other firms would find out about it eventually B. other firms would find out about it immediately C. other firms would not find out about it D. some firms would find out about it, but others would not



Question
Asked 5/13/2012 4:47:00 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Other things being equal, when average productivity falls, A. average fixed cost must rise B. marginal cost must rise C. average total cost must rise D. average variable cost must rise User: According to economist Colin Camerer of the California Institute of Technology, many New York taxi drivers decide when to finish work by setting an income goal for themselves. If this is true, then on busy days when the effective hourly wage is higher, taxi drivers will A. work the same number of ...
Weegy: D. average variable cost must riise User: According to economist Colin Camerer of the California Institute of Technology, many New York taxi drivers decide when to finish work by setting an income goal for themselves. If this is true, then on busy days when the effective hourly wage is higher, taxi drivers will A. work the same number of hours as they will on slower days B. work fewer hours than they will on slower days C. work more hours than they will on slower days D. not work any hours Weegy: B. work fewer hours than they will on slower days User: A firm's demand for labor is derived from the A. opportunity costs associated with labor and leisure B. desires and needs of the entrepreneur C. cost of labor inputs D. demand for its output Weegy: A. opportunity costs associated with labor and leisure User: Owen runs a delivery business and currently employs three drivers. He owns three vans that employees use to make deliveries, but he is considering hiring a fourth driver. If he hires a fourth driver, he can schedule breaks and lunch hours so all three vans are in constant use, allowing him to increase deliveries per day from 60 to 75. This will cost an additional $75 per day to hire the fourth driver. The marginal cost per delivery of increasing output beyond 60 deliveries per day Weegy: The marginal cost per delivery of increasing output beyond 60 deliveries per day (More)
Question
Expert Answered
Asked 5/13/2012 4:29:22 PM
0 Answers/Comments
26,776,508 questions answered
Popular Conversations
Simplify -|-5 + 2| User: How many terms are in the expression shown ...
Weegy: -54 + 18 = -36 User: Simplify 3(x - 4) + 8(x + 2) User: What is the equation of the line that passes through ...
1/17/2017 1:07:03 PM| 5 Answers
3r = 10 + 5s, when r = 10?
Weegy: r(r+3) = 1 User: 5x + 2y = 20, when x = 0.3? User: What is the value of a in the equation 3a + b = 54, when b ...
1/17/2017 9:50:12 AM| 3 Answers
All men were given the right to vote in the Fifteenth Amendment, ...
Weegy: All men were given the right to vote in the Fifteenth Amendment, and women in the Nineteenth Amendment. ...
1/17/2017 9:22:18 AM| 2 Answers
If you visit the Senate chamber during a session on an average day, ...
Weegy: Teamwork is a joint action by two or more people or a group, [ in which each person contributes with different ...
1/17/2017 11:14:47 AM| 2 Answers
How many seats in the Senate are up for election every two ...
Weegy: There are 2 pints in a quart. User: Articles 1 and 2 of the Constitution provide senators with all of these ...
1/17/2017 2:31:03 PM| 2 Answers
Weegy Stuff
S
Points 300 [Total 300] Ratings 0 Comments 300 Invitations 0 Offline
S
Points 175 [Total 187] Ratings 0 Comments 175 Invitations 0 Offline
S
P
Points 163 [Total 594] Ratings 2 Comments 143 Invitations 0 Online
S
Points 85 [Total 87] Ratings 5 Comments 35 Invitations 0 Offline
S
L
P
P
P
Points 58 [Total 4017] Ratings 0 Comments 58 Invitations 0 Offline
S
P
P
Points 58 [Total 953] Ratings 1 Comments 48 Invitations 0 Online
S
Points 40 [Total 40] Ratings 4 Comments 0 Invitations 0 Offline
S
Points 24 [Total 96] Ratings 0 Comments 24 Invitations 0 Online
S
Points 12 [Total 12] Ratings 0 Comments 12 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.