Marginal analysis
A. focuses on the last unit that will be sold.
B. can be very useful if a firm's pricing objective is profit maximization.
C. can be used to find the most profitable price and quantity.
D. can help find the price that results in the greatest difference between total revenue and total cost.
E. All these answers are correct.
Answer: E
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Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4000 client-visits, but its actual level of activity was 3990 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November:Data used in budgeting: Fixed element per monthVariable element per client-visitRevenue - $36.80? Personnel expenses$30,900? $11.80?Medical supplies 1900? 7.20?Occupancy expenses 9000? 3.30?Administrative expenses 7300? 0.20?Total expenses$49,100? $22.50??Actual results for November: ?Revenue$147,032? Personnel expenses$77,944??Medical supplies$31,460??Occupancy expenses$21,673??Administrative
expenses$7859????The spending variance for medical supplies in November would be closest to: A. $760 F B. $760 U C. $832 F D. $832 U
Compare and contrast the ‘psychoanalytic’ and ‘humanist self-psychology’ approaches to personality. What are some strengths and weaknesses to both approaches? Why should a manager have knowledge about such approaches to personality?
What will be an ideal response?
Written defamatory remarks are referred to as _____.?
A) ?libel B) ?slander C) ?jargon D) ?consensus
When products differ in batch size and complexity, they usually consume different amounts of ________.
Fill in the blank(s) with the appropriate word(s).