Afirm currently employs four workers in a sandwich shop, and produces sandwiches at a total cost per sandwich (atc) of $3. the sandwiches sell for $5. if the marginal cost of hiring another worker to produce sandwiches is $5.50 per sandwich, then:

a. it will cost $5.50 to make another sandwich, which can only be sold for $5.
b. the firm will lose $0.50 per sandwich if it hires another worker.
c. the firm should not hire a fifth worker.

Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?