BUSINESS HIGH SCHOOL

Christine and Paul are deciding how to split their time between writing music and lyrics for their new album. Their PPFs for 72 h of work are shown. Christine and Paul have to write music for 8 songs and lyrics for 12 songs (4 songs already have music). When they are done, they can go to a private island and relax from all their hard work. It is possible that they will use more than 72 h. Once they start writing lyrics and music, assuming their hired help packs for them and their plane is waiting outside their door, in how many hours can they board the plane to their relaxing island getaway?

Answers

Answer 1
Answer:

Answer:

Each of them is going to work for 96 hours or 4 days.

  • Paul will write the music for 8 songs.
  • Christine will write the lyrics for 12 songs.

Explanation:

PPFs (72 hours)                    Music (M)               Lyrics (L)

Christine                                       8                             9

Paul                                              6                              4  

Christine can write the music the one song in 9 hours and the lyrics in 8 hours.

Paul can write the music the one song in 12 hours and the lyrics in 18 hours.

Paul's opportunity cost of music per lyrics = 12/18 = 2/3, and the opportunity cost of lyrics per music = 6/4 = 3/2

Christine's opportunity cost of lyrics per music = 8/9, and the opportunity cost of music per lyrics = 9/8

Paul should specialize in writing music because his opportunity cost is lower, it will take him 12 x 8 = 96 hours to write down the music for 8 songs.

Christine should be in charge of writing lyrics (lower opportunity cost), it will take her 8 x 12 = 96 hours.

Each of them is going to work for 96 hours or 4 days.

  • Paul will write the music for 8 songs.
  • Christine will write the lyrics for 12 songs.

Related Questions

HIGH SCHOOL

In one of the cases in the textbook, Larry Gunter was a shipping clerk for a computer company that manufactured microprocessor chips. After learning that the chips were valuable, he stole three boxes and sold them to his girlfriend's father. Since the scheme worked so well the first time, he continued stealing and selling the chips, even letting a co-worker in on the scheme. How was the theft discovered? a. A security guard found the chips in a routine check of his work cart
b. An inventory manager filling an order noticed that many of the chips were missing
c. The auditors found the shortage when they conducted the annual inventory event
d. His co-worker notified the loss prevention department in exchange for a cash reward

Answers

Answer:

B) An inventory manager filling an order noticed that many of the chips were missing

Explanation:

The text book case explained that Larry was discovered by the inventory manager, but what really is troubling is not that he was able to steal the chips since bad things can happen, but that they happened several times. This means that the company's controls are extremely deficient and it wasn't so difficult to bypass them. If the inventory manager didn't discover Larry's crimes, then an auditor should have discover them. But that is no excuse, if the company knows that the chips are very valuable they should enforce stricter controls to prevent future incidents.

COLLEGE

A company is concerned that the number of patents and new products being developed by the company is declining. Which one of the following perspectives of the balanced scorecard is most relevant to this issue? (A) customer perspective
(B) financial perspective
(C) internal process perspective
(D) learning and growth perspective

Answers

Answer:

Internal process perspective

Explanation:

Correct word for the given statement is Internal process perspective

Internal process perspective :

Internal process perspective perspective explains how the company is going to satisfy customer needs and meet financial goals. The most important: Make sure that the goals from the Internal perspective are linked to the goals from the Customer perspective.

It make and convey the proposition for costumer.

HIGH SCHOOL

HURRY!!!!!!!!!!!!!!!!!!!!! The computer network used for trading securities is the NYSE.
TRUE or FALSE

Answers

TRUE ITS TRUEEE. ITS TRUEEEEEEEEEEEE
COLLEGE

Instead of offering the same benefit package to every employee, cassandra's company allows her to choose whether she wants day care or health care, a gym membership, or an extra week of vacation. cassandra's employee benefits package is part of a(n) _______ plan.

Answers

The benefits package is part of a cafeteria plan. Employers sometimes offer benefit plans that allow employees to choose the benefits most relevant to their lives instead of a one-size-fits-all plan that requires workers to accept benefits that they will never use.

Answer:

flextime

Explanation:

COLLEGE

Solar Products purchased a machine for $39,000 on July 1, 2012. The company intends to depreciate it over 4 years using the double-declining balance method. Salvage value is $3,000. Depreciation for 2013 is :
a. $19,500b. $9,750c. $14,625d. $9,000

Answers

Answer:

Option (c) is correct.

Explanation:

Given that,

Cost of machine = $39,000

Depreciation years = 4

Salvage value = $3,000

Straight line rate:

= (100 ÷ 4)%

= 25%

Double declining rate:

= (2 × Straight line rate)

= (2 × 25)%

= 50%

Depreciation for year 2012:

= Cost of machine × Double declining rate × Time period

= $39,000 × 50% × 6/12

= $9,750

Depreciation for 2013:

= (cost of machine - Depreciation for year 2012) × Double declining rate

= (39,000 - $9,750) × 50%

= $14,625

COLLEGE

pproximately how much should be accumulated by the beginning of retirement to provide a $2,500 monthly check that will last for 25 years, during which time the fund will earn 6% interest with monthly compounding?

Answers

Answer:

$388,017.16

Explanation:

The amount that shall be accumulated at the beginning of retirement to provide a $2,500 for the period of 25 years shall be determined through the present value of annuity formula which is mentioned below:

Amount that should be accumulated=R[(1-(1+i)^-n)/i]

In the given question

R=monthly check that will be received=$2,500

n=number of months during which monthly checks will be  received=25*12=300

i=interest rate compounded monthly=6/12=0.50%

Amount that should be accumulated=2500[(1-(1+0.50%)^-300)/0.50%]

                                                            =$388,017.16

HIGH SCHOOL

Jonathan is the CEO of a cell phone manufacturing company. At the company's Annual General Meeting, he made an announcement to the shareholders about one vacant position in the company's supervisory board. In the context of managerial roles, which of the following roles does Jonathan illustrate in this scenario? A) Leader roleB) Liaison roleC) Disseminator roleD) Spokesperson role

Answers

Answer:

Spokesperson

Explanation:

Based on the information provided within the question it seems that in this scenario Jonathan is illustrating the role of Spokesperson. This role focuses on getting specific information out into the public as well as making sure in some cases only a select few people get the information. This is what Jonathan was doing by making the announcement at the company's Annual General Meeting.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

HIGH SCHOOL

The market potential is equal to the​ ________, or the sales limit approached by company demand as company marketing effort increases relative to that of​ competitors, if the company gets​ 100% of the market

Answers

The answer is: The market potential is equal to the​ "company sales potential".

The company sales potential refers to the the greatest level of sales  company or an organization can hope to accomplish in the figure time frame with its present and arranged levels of promoting exertion and consumption and the given arrangement of economic situations.
COLLEGE

Along a short-run aggregate supply curve, output is related to unexpected movements in the ______. Along a Phillips curve, unemployment is related to unexpected movements in the ______. price level; inflation rate inflation rate; price level unemployment rate; price level price level; level of output

Answers

Answer:

The answer is price level and inflation rate

Explanation:

Because the short run Phillips curve represents a combination of unemployment and inflation that an economy might experience given current expectations about inflation. It is an inverse relationship between inflation and unemployment.

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