The Figure Above Shows the Marginal Benefit of Additional Minutes

question 178

Multiple Choice

The figure above shows the marginal benefit of additional minutes in a cell-phone plan.The marginal cost is constant at $0.10 per minute.
-What is the optimal number of minutes to purchase?

• A) 0.
• B) 100.
• C) 200.
• D) 300.
• E) 400.

Apply Robert Gagné’s nine events of instruction to training delivery.

Understand various common training delivery problems and identify potential solutions for them.

Define an event of instruction and explain Gagne's nine events of instruction.

Explain the concept of trainability tests and their utility in employee training processes.

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Definitions:

Variable Manufacturing

Costs in manufacturing that change in proportion to the volume of production, such as materials and labor.

Materials Price Variance

The difference between the actual cost of materials used in production and the budgeted cost of materials, based on standard prices and actual quantities purchased.

Variable Manufacturing

Costs in manufacturing that vary directly with the level of production, such as raw materials and direct labor costs.

Variable Overhead Rate

The rate at which variable overhead costs are allocated to each unit of production, based on a certain activity level.