Answer:
Option "B" is the correct response for the statement provided.
$15
Explanation:
Marginal revenue refers to the additional income generated from selling one more unit of a product. Meanwhile, marginal benefit is defined as the earnings a business or entity receives when producing and distributing one additional or marginal product.
Marginal Benefit = New revenue - Previous revenue
= ($40) - ($25)
=$15
Thus, Lionel's Lawn Care's marginal benefit amounts to $15.
Answer:
full-service wholesalers
Explanation:
According to the situation described, the wholesale customers that require all the services listed in the question fall under the category of full-service wholesalers.
A full-service wholesaler provides a complete range of services including stocking inventory, offering credit options, managing a sales team, giving management support, and handling deliveries. Examples of full-service wholesalers are wholesale merchants and industrial distributors.
The sunk cost amounts to $70. Sunk Cost describes an expense that has already been incurred and is non-recoverable. Typically, these costs are ignored in decision-making as they cannot be avoided regardless of the decisions made. In this scenario, Damon Rutton spent $70 on a ticket, which is the only pre-paid expense; any additional costs for parking or refreshments would only be incurred if he chooses to attend the game.
Answer:
The right choice is option "A": Sender encodes the message.
Explanation:
Communication refers to the act of conveying information between individuals. The communication process consists of five (5) stages: encoding, planning, medium, decoding, and feedback. In the encoding phase, the message to be conveyed is formulated in the form of letters, words, or symbols prior to being transmitted through the channel.
Therefore, Crystal Jenkins is engaged in the encoding phase of communication by drafting a recommendation report.
