Answered: 5. The effort is measured by a.…

Business

Economics

5. The effort is measured by a. Man-time b. All of the answers c. Man-money d. money-time

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter10: Financing And Producing Goods

Section: Chapter Questions

Problem 4AA

See similar textbooks

Related questions

Q: C Search Textbook Solutions + V Young Nails Inc MindTap - Cengage Lea X e Learnin…

A: The economy can be bring back to the natural level of output by increasing aggregate demand by using…

Q: Explain the concept long run in production time frame

A: In an economy, market condition is analyzed in two periods that are short-run andd long-run.

Q: Raffe, an American, works for a company that manufactures electronics. His managers select him for…

A: Raffe is an American and his manager select him for an assignment to lead the launch of a new…

Q: describe of How managerial economics ( micro economics ) works in our professional life ( real life…

A: Managerial economics: Managerial economics is that branch of economics which emphasizes on all such…

Q: Problem 2. Congratulations! Upon graduating you accept a well-deserved job with XER Consulting. Your…

A: Production Possibility Curve:- It can be explained as a curve that indicates the maximum amount of…

Q: Production Possibilities Corn Rye (Bushels) (Bushels) 2,500 2,000 700 1,500 1,200 1,000 1,600 500…

A: GIVEN Production Possibilities Corn (Bushels) Rye (Bushels) 2,500…

Q: NOTE: pls explain what’s on the image attached

A: Crop insurance aims to help small farmers in the event of crop loss. The feasibility of crop…

Q: Rail freight carloads and intermodal container traffic and changes are a telltale of supply chain…

A: Answer -

Q: S. D. D. 11 S. D. D. S. D.

A: Demand means the quantity of goods that the consumers are willing and able to purchase during a…

Q: A sporting goods store sells 100 pool tables per year. It costs $52 to store one pool table for a…

A: Since you have posted multiple question so i will solve only first question for you if you want to…

Q: I need help with the question 1. “Brightwheel” pitch number 2 is about SignalVault

A: Startup is a word that has become very famous these days and this startup culture is generating a…

Q: Home - » Students MyLab Economics Homework - × P Do Homework - 2-1 MyEconLab: x + Ô…

Q: OneLogin x B Achieve Assignments - ECO2023 X Assessment - Microeconomics 68 X…

A: Entrepreneur is a person who plays significant role in changing economic and business transactions…

Q: Flow 1 Flow 2 A Flow 3 B Flow 4 Refer to the diagram. (There are a couple of lines missing. It…

A: The illustration shows two economic entities, households and firms, with the flow of money, inputs…

Q: PROBLEM SET Study and solve the given problems below. Show your complete solutions and label your…

Q: Q)What type of cost is the tuition paid for college credit after the census date when a refund is no…

A: In economics, cost is classified into different categories according to its influence on an…

Q: need all soltions step by step #3 Please show all work.

A: Demand curve shows quantity demand as a function of price. Inverse demand curve shows price as a…

Q: What is the expected profit if Jesaki Inc. produces and sells 6,180 widgets? Round to the nearest…

A: Given Total cost function: C(x)=210+12x ... (1) Total revenue function: R(x)=…

Q: “A case of a start-up is going to be provided.” What are pains, gains and customer jobs in this…

A: Value of Customers Customer value is the measure of a product or service's value to a customer in…

Q: Home - » Students MyLab Economics Homework - P Do Homework - 2-1 MyEconLab: x + Ô…

Q: Does Design & build or Management Procurement methods or strategies can improve the system of…

A: Introduction Tradition approach also help in developing new approach because as time goes on…

Q: Economics A company sells apples. Annual demand is 20,000, the order cost is $150.00 and the holding…

Q: (a) What business local business opportunities should be an Entrepreneur from Zambia look into…

A: a)Local entrepreneurs could star agricultural crops exports business. Lot of agricultural crops are…

Q: Please Answer My Questions Economics no 3 In 30-35 Minutes as u know from the sub parts A,B,C.....…

A: MARR (minimum acceptable rate of return) is generally assumed as the benchmark rate at which a firm…

Q: 4. A decision at the margin Edison is a hard-working college sophomore. One Tuesday, he decides to…

A: Marginal gain the additional number of problems solved by employing an additional hour to problem…

Q: 8. Your team is in the middle of a project. Mary dictates who is doing what job. How could this team…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: Give action words that Best describe farming starting with the letter found in the word f-a-r-m.

A: F - Feed, Fertility, Fertiliser, Farmland A - Afforestation, Arable, Agrochemical R - Ranch, Reap,…

Q: You are an Uber driver in Washington D.C. who earns $70 for a day's work. You have been offered a…

A: Consumer surplus refers to an economic measurement of consumer benefit. It is the difference between…

Q: S-Curve for Question 1 and 2 Curve 1 Performance Curve 2 Curve 3 First Innovation Incremental…

A: Business is started by utilizing four factors of production: land, labor, capital, and enterprise. A…

Q: 4. A decision at the margin Bob is a hard-working college freshman. One Tuesday, he decides to work…

A: Marginal gain is the additional number of problems solved by allocating an additional hour to…

Q: Write the answers to the following questions on the answer sheet. (You must show your work.) 1. List…

A: The correct answer is given in the second step.

Q: Give an example to describe a company’s procurement cycle in details with all the steps and…

A: The procurement cycle can be defined as a series of actions taken in order to obtain specific goods…

Q: Use the information in the table to answer parts a and b below. Be sure to show all your steps for…

A: The problem is solved as follows:

Q: Microeconomics Jon quit his job as a manager at West End Savings bank where he earned $112,000 a…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Prepare 5 important points for the article

A: The above article analyses the impact of digitization on the labor market. It initially talks about…

Q: Economics Copying text from another author is not plagiarizm if you mean it as a compliment to the…

A: In an economy, government provides copyright to the people when they wrote their unique thoughts and…

Q: In economics the cost of doing somethin is a) the value of the next best opportunity not taken b)…

A: The costs(C) faced by economists include accounting-cost, explicit-cost, implicit-cost,…

Q: Sven runs a daycare for some of the neighborhood children, where he earns $300/day in revenue. He…

A: Here, some information about revenue band cost related to Sven's daycare job.

Q: a) For the following determine if it quantitative or qualitative. If it is quantitative, determine…

A: "Since you have asked multiple questions, we will solve first question for you. If you want any…

Q: The first step to take when you consider making a major purchase is to decide (a) whether you need…

A: The purchasing decision mechanism refers to how customers make decisions about retail purchases…

Q: What's true about Business planning? [Select all that apply] O Business planning is an ongoing…

A: Meaning of Planning administrative capacities where directors are needed to set up objectives and…

Q: The best way to present your report is? Select one or more: 0 a. Presentation is an important part…

A: In economics, report is prepared by economists when they use data to get information about specfiic…

Q: What is the opportunity cost for free colleges: There are still costs to run colleges, discuss some…

A: Opportunity cost is defined as the benefits an individual, business, or investor forgoes when he/she…

Q: 4. A decision at the margin Raphael is a hard-working college senior. One Saturday, he decides to…

A: When a consumer purchases an additional good or service, he or she earns a marginal advantage in the…

Q: Define the terms “Short Run” and “Long Run”. b. Would the short run be longer for Tonino’s Pizza…

A: a. Short run is defined as period during which at least one of the factors of production is fixed or…

Concept explainers

Cost of Production

In economic theory, production costs are the costs incurred by an industrial organization when it engineers a project or provides a service that generates revenue and benefits. Labor costs, raw materials, consumable manufacturing costs, and general overhead sum up, accounting for production costs. Total cost data is calculated by combining total direct costs of materials, labor costs, and total production costs.

Question

Software Economics
please answer quickly

5. The effort is measured by

a. Man-time

b. All of the answers

c. Man-money

d. money-time

4. It is not important to figure out how much the software will cost, before development

a. TRUE

b. FALSE

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

Write the method with formula explanation and working steps
Raphael is a hard-working college junior. One Tuesday, he decides to work nonstop until he has answered 100 practice problems for his math course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem. Time Total Problems Answered 8:00 AM 0 9:00 AM 40 10:00 AM 70 11:00 AM 90 Noon 100 Use the table to answer the following questions. The marginal, or additional, gain from Raphael’s first hour of work, from 8:00 AM to 9:00 AM, is _____ problems. The marginal gain from Raphael’s third hour of work, from 10:00 AM to 11:00 AM, is _____ problems. Later, the teaching assistant in Raphael’s math course gives him some advice. “Based on past experience,” the teaching assistant says, “working on 25 problems raises a student’s exam score by about the same amount as reading the textbook for 1 hour.” For simplicity, assume students always…
Total Cost Fixed Cost Variable Cost Marginal Cost Average Fixed Cost Average Variable Cost Average Total Cost Quantity $50 $150 G 10 $50 A SO 1 C $120 K $120 R. What is the value of B? $50 $25 S100 $200
need all soltions step by step #3 Please show all work.
part A is incorrect and Part B is incorrect can you re try
Alex is a hard-working college sophomore. One Saturday, he decides to work nonstop until he has answered 50 practice problems for his economics course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem. Time Total Problems Answered 8:00 AM 0 9:00 AM 20 10:00 AM 35 11:00 AM 45 Noon 50 Use the table to answer the following questions. The marginal, or additional, gain from Alex’s second hour of work, from 9:00 AM to 10:00 AM, is problems. The marginal gain from Alex’s fourth hour of work, from 11:00 AM to noon, is problems. Later, the teaching assistant in Alex’s economics course gives him some advice. “Based on past experience,” the teaching assistant says, “working on 7.5 problems raises a student’s exam score by about the same amount as reading the textbook for 1 hour.” For simplicity, assume students always cover the same…
Total Cost Fixed Cost Variable Marginal Cost Average Fixed Cost Average Variable Cost Average Total Cost Quantity Cost S50 $150 $50 A so C $120 K. $120 H What is the value of B? $50 $25 $100 $200
I'm stuck need help for second step
Please explain the steps
Please solve Fast i give upvote. Please also give Why other options is Incorrect.
fast urgent i will 10 upvotes.
Poornima is a hard-working college junior. One Saturday, she decides to work nonstop until she has answered 100 practice problems for her math course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem. Time Total Problems Answered 8:00 AM 9:00 AM 40 10:00 AM 70 11:00 AM 90 Noon 100 Use the table to answer the following questions. The marginal, or additional, gain from Poornima's second hour of work, from 9:00 AM to 10:00 AM, is problems. The marginal gain from Poornima's fourth hour of work, from 11:00 AM to noon, is problems. Later, the teaching assistant in Poornima's math course gives her some advice. "Based on past experience," the teaching assistant says, "working on 25 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during each hour they…