Chocolate for a purchase of six beers and above

Assignment Help Business Management
Reference no: EM131092723

Peter wants to buy a few beers for himself and a bar of chocolate for his girlfriend. He finds that buying 5 beers costs him $4 each and the bar of chocolate $3. The store gives free chocolate for a purchase of six beers and above. If Peter decides to buy six beers, what is the marginal cost of the sixth beer?

Reference no: EM131092723

Questions Cloud

Determine the maximum x component of acceleration : determine the maximum x component of acceleration at a given x.
Willing to pay for the machine today : In year 5, you expect to generate $20,000 in cash flow from operations and an additional $30,000 in cash flow upon the sale of the machine. Your required rate of return is 10%. What is the most you are willing to pay for the machine today?
The contribution of corporate social responsibility : Bangladesh has sustained an impressive track record for growth and development.  In the past decade, the economy has grown at nearly 6 percent per annum despite frequent natural disasters and the fuel, food price and global financial crises
Are given stories myths legend fairy tales or something else : Are these stories myths, legends, fairy tales, or something else? What, if anything, about these accounts is literally true? How do these accounts inform our conceptions of Thanksgiving, George Washington, Davy Crockett, or others you have thought..
Chocolate for a purchase of six beers and above : The store gives free chocolate for a purchase of six beers and above. If Peter decides to buy six beers, what is the marginal cost of the sixth beer?
Calculate the covariance and the correlation coefficient : GB513 - Correlation and Simple Linear Regression - Calculate the covariance and the correlation coefficient and comment on the relationship between X and Y.
Management desires simultaneous interval estimates : Refer to Grocery retailer Problem 6.9. Assume that regression model (6.5) for three p1-edictor variables with independent normal error terms is appropriate.
Shift of the demand curve : What factors may cause the shift of the demand curve to the right and what others causes the shift of the supply curve to the right. What is the impact of the price increase or decrease?
Discuss the application of orientalism to conrad novel : In two to three pages (excluding title and reference pages), discuss the application of orientalism to Conrad's novel. First, explain in your own words what Said means by orientalism and why he finds it problematic.

Reviews

Write a Review

Business Management Questions & Answers

  Quality management stresses

Total quality management stresses the importance of teamwork.

  Leadership and quality

Leadership and quality surrounds us and can often be heard about in the media. This week, you are to locate an article that pertains to this week's learning (leadership, performance excellence, quality, etc.). The article should be no more than..

  Analyse the strategic decision made by whirlpool

Critically analyse the strategic decision made by Whirlpool. Discuss carefully how the company initiated successful decisions and how each strategic level has been considered to compete in the market.

  Explain the concepts of emergence structure agency and power

Reflecting on how business and their environments relate, explain the concepts of emergence, structure, agency and power. Using examples, explain how and why do businesses manipulate their environment

  Various cultural leadershipwhat is expected of leadership

various cultural leadershipwhat is expected of leadership styles in different cultures and provide examples of the

  Introduction of the proposed business

Introduction of the proposed business

  Explain maslow''s and herzbergs theories

Examine the application of Maslow's and Herzberg's theories to an African or Caribbean nation where more than a quarter of the population is unemployed

  Important in determining the future

Identify what performance measures are within the retail environment. Next, how are these measures important in determining the future of an organization.

  Explain how would an economic climate like the recent severe

Explain How would an economic climate like the recent severe recession affect the effectiveness of these tools and how should the economic climate be factored into results

  Determining the information security

Describe in detail type of security threats faced by the India airline and also explain the sources of such security threats. Describe in details how technical, data and human safeguards can protect against such threats.

  Does the internet make investors any more or less safe

Does the Internet make investors any more or less safe?

  Discuss in detail the ethical, negligence

Discuss in detail the ethical, negligence

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd