The Jeans Store Sells 7 Pairs of Jeans Per Day

question 50

Multiple Choice

The Jeans Store sells 7 pairs of jeans per day when it charges $100 per pair.It sells 8 pairs of jeans per day at a price of $90 per pair.What is the marginal revenue of the eighth pair of jeans?

• A)$20.
• B)$90.
• C)$100.
• D)$700.

Comprehend the electrophysiological properties of muscle and nerve tissues.

Identify the factors that control muscle power and force of contraction.

Understand the structure and function of different neuroglia in the central nervous system (CNS).

Comprehend the basic concepts of neurophysiology, such as reaction time.

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Definitions:

Allocation of Cost

The process of assigning a cost or group of costs to one or more cost objectives, such as projects, functions, or departments.

Straight-Line Depreciation

An arrangement for apportioning the financial burden of a tangible asset equally over its viable years.

Residual Value

The projected value remaining for an asset at the conclusion of its operational lifespan.

Estimated Life

The projected period over which an asset is expected to be useful in the operations of a business for depreciation purposes.