Business, 10.09.2019 04:20 johnsonkia873

Aproperty title search firm is contemplating using online software to increase its search productivity. currently an average of 45 minutes is needed to do a title search. the researcher cost is $1.8 per minute. clients are charged a fee of $600. company a’s software would reduce the average search time by 8 minutes, at a cost of $3.6 per search. company b’s software would reduce the average search time by 9 minutes at a cost of $5.8 per search.
a. calculate the productivity in terms of revenue per dollar of input. (round your intermediate calculations and final answers to 2 decimal places. omit the "$" sign in your response.)
approach productivity per
dollar input
current $ 7.41 ± 0.01
company a $ 8.55 ± 0.01
company b $ 8.50 ± 0.01
b. which option would have the highest productivity in terms of revenue per dollar of input?
company a

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 18:20

The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will

Answers: 3

Answer

Business, 22.06.2019 07:00

For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent

Answers: 3

Answer

Business, 22.06.2019 13:50

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars

Answers: 2

Answer

Business, 22.06.2019 14:10

Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity

Answers: 1

Answer

You know the right answer?

Aproperty title search firm is contemplating using online software to increase its search productivi...

Questions