Answer: See explanation
Explanation:
From the question,
Qd = 100 – 2P
We have to use the subject of the formula to get the expression for Price(P). This will be
2P = 100 - Qd
P= (100 - Qd) /2
P = 50 - 0.5Q
Also, C(Q) = 10Q
MC = 10
Since P = MC
50 - 0.5Q = 10
Collect like terms.
50 - 10 = 0.5Q
0.5Q = 40
Q = 40/0.5
Q = 80
Recall that,
P = 50 - 0.5Q
= 50 - 0.5(80)
= 50 - 40
= 10
The profit will be calculated as:
= TR - TC
where,
Total revenue = Price × Quantity
= 80 × 10 = 800
Total cost = 10Q = 10 × 80 = 800
Profit = 800 - 800 = 0
Based on a predicted level of production and sales of 19,000 units, a company anticipates total variable costs of $58,900, fixed costs of $38,000, and operating income of $34,240. Based on this information, the budgeted amount of variable costs for 17,000 units would be:____.
a. $72,240.
b. $58,900.
c. $52,700.
d. $108,144.
e. $38,000.
Answer:
Total variable cost= $52,700
Explanation:
Giving the following information:
19,000 units:
Total variable costs= $58,900
Fixed costs= $38,000
First, we need to determine the unitary variable cost:
Unitary variable cost= 58,900/19,000
Unitary variable cost= $3.1
Now, the total variable cost for 17,000 units:
Total variable cost= 17,000* 3.1
Total variable cost= $52,700
Which of the following was not an effect of the Norris LaGuardia Act?
What does gross domestic product mean
GDP or gross domestic product is the total market value of the finished product and services produced in a country in a specific time period.
what is the four international payment method
The equation for calculating the price elasticity of demand
O does not use percent change in the numerator and denominator.
O takes into account slope.
O uses percent change in both the numerator and denominator.
The equation for calculating the price elasticity of demand O uses percent change in both the numerator and denominator.
Call for is the amount of a terrific that clients are inclined and able to buy at diverse fees all through a given time. The relationship among rate and quantity call for is also known as the call for curve.
Demand is the amount of purchasers who are willing and in a position to shop for merchandise at various costs at some point of a given period of time. Demand for any commodity implies the clients' preference to gather the coolest, the willingness and potential to pay for it.
As instance, if a consumer is hungry and buys a slice of pizza, the first slice could have the finest gain or application.
Learn more about demand here:https://brainly.com/question/1245771
#SPJ9
_______ is not considered to be a "developing" nation. A. Brazil B. India C. China D. Japan E. Mexico
Answer:
A. Brazil
Explanation:
A price tactic that requires the purchaser to bear the freight cost from the shipping point is called
Answer:
The appropriate approach is "FOB origin pricing".
Explanation:
Above mentioned pricing strategy seems to be socioeconomic pricing during which the commodities were mostly positioned cheap or discounted on the platform the manufacturer or company. Throughout this particular instance, that the farther the consumers seem to be from the retailers, the further individuals charge, so even though the export prices recommendation system with either the length goods being shipped.iVillage is a website for women that encourages its users to discuss health and beauty, parenting, personal finances, career management, and relationships. This website is an example of
Answer:
A web community.
Explanation:
A web community can be defined as an online or virtual community that comprises of a group of people (members) sharing common or similar interests and as such come together to communicate or interact frequently with one another on topical issues over the internet. Some of the channels used by the members to communicate regularly with one another are blogs, servers, bulletin boards, forums etc.
In this scenario, iVillage is a website for women that encourages its users to discuss health and beauty, parenting, personal finances, career management, and relationships.
Hence, this website is an example of a web community.
The Family Restaurant chain had a 10% return on a $74,000 investment in new ovens. The investment resulted in increased sales and an increase in income that was 4% of the increase in sales. The increase in sales was:
Answer: $185,000
Explanation:
The 10% Return on investing in the oven is said to be the same as 4% of the increase in sales.
Return on oven = 10% * 74,000
= $7,400
$7,400 is 4% of increase in sales;
Increase in sales = 7,400/4%
= $185,000
Watson Corporation is considering buying a machine for $25,000. Its estimated useful life is 5 years, with no salvage value. Watson anticipates annual net income after taxes of $1,500 from the new machine. What is the accounting rate of return assuming that Watson uses straight-line depreciation and that income is earned uniformly throughout each year
Answer:
12%
Explanation:
Accounting rate of return = Average net income / Average book value
Average book value = (Cost of equipment - salvage value) / 2
Average book value = ($25,000 - 0) / 2 = $12,500
AAR = $1500 / $12,500 = 0.12 = 12%
Recovery of Previously Written Off A/R
September 10-King pays the $200 previously
written off as uncollectible.
Prepare both journal entries.
Answer and Explanation:
The journal entries are shown below
On Sep 10
Account receivable - king $200
To Bad debt expense $200
(Being the reinstate previously written off account receivable is recorded)
Here account receivable is debited as it increased the assets and credited the bad debt expense as it decreased the expenses
On Sep 10
Cash Dr $200
To Account receivable - king $200
(Being cash collection is recorded)
Here the cash is debited as it increased the assets and account receivable is credited as it decreased the assets
Which of these elements contributes toward globalization of the economy?
The element which contributes to the globalization of the economy is the use of foreign labor. Therefore, A is the correct option.
What is globalization?Globalization is the process of globalizing trade, goods, and services. Under this process, the trade, import, and export barriers are at a minimum. Not only the goods and services but the culture and customs of one country are also seen to be adopted by other countries under globalization. Globalization is the process of interacting with other countries by globalizing.
The process of globalization involves many ways including people-to-people contact such as visiting other countries; increasing trading by enhancing the value of imports and export; increasing the cultural contact between the countries such as Yoga which is an ancient wisdom of India is now becoming a part of the daily routine of many people around the globe.
Thus, the employment of foreign labor is a factor in the globalization of the economy. As a result, choice A is the best one.
Learn more about globalization here:
https://brainly.com/question/15283031
#SPJ2
The given question is incomplete. The complete question is given below.
Which of these elements contributes toward globalization of the
economy?
A. Use of foreign labor
B. Import duties and tariffs
C. Anti-immigration policies
D. Opportunity costs
Drummond Corporation purchased machinery for $960,000 on January 1, 2014. Straight-line depreciation has been recorded based on a $60,000 salvage value and a 5-year useful life. The machinery was sold on May 1, 2018 at a gain of $18,000. How much cash did Peterson receive from the sale of the machinery
Answer:
$198,000
Explanation:
The computation of the cash received from the sale of machinery is shown below:
= ($960,000 - $60,000) × 1 ÷ 5years
= $18,0000 per annum.
Now for four years it would be
= $180,000 × 4 years
= $720,000 and
Till May 1, it would be
= $180,000 × 4 months ÷ 12 months
= $60,000
The value of the asset as on May 2018 is
= $960,000 - $720,000 - $60,000
= $180,000
Now the cash received is
= $180,000 + $18,000
= $198,000
What does reconciling an account involve? checking one's financial records against the bank’s making sure a paycheck arrives on time calculating the interest owed on a savings account identifying instances of identity theft
Answer:
checking one's financial records against the bank’s
Explanation:
Reconciling an account is the regular confirmation that the reported balances are accurate. It involves checking one's account against bank balances to ensure the figures are tallying. Reconciling may require making adjustments to capture omitted transactions and charges. In practice, reconciliation involves comparing one financial records against the bank statement.
Answer:
checking one's financial records against the bank’s
Explanation:
The total cost of producing a given level of output is:____.
a. minimized when marginal product multiplied by input price is equal for all inputs.
b. minimized when the marginal products of all inputs are equal.
c. maximized when a corner solution exists.
d. minimized when the ratio of marginal product to input price is equal for all inputs.
Answer:
The total cost of producing a given level of output is:____.
d. minimized when the ratio of marginal product to input price is equal for all inputs.
Explanation:
With the above situation, the marginal cost (input price) = the marginal revenue (marginal product). The producer can then maximize profit if it can lower its average total cost per unit below the marginal cost for producing one additional unit of its product. In all cost situations, it is better for the producer to have the total revenue exceeding the total costs, at all times, but more especially with increasing production.
Jack is a self-employed contractor. He uses his Ford F250 in his business. He does not have another vehicle for personal use. He wants to
claim the standard mileage rate for the business use of his pick-up. To do so he must keep records of the following, except:
Choose one answer a. Total mileage during the year
b. Cost of insurance for the pick-up.
c. Business mileage during the year
d. Commuting mileage during the year
For Jack to claim the standard mileage rate for the business use of his pick-up, he is not expected to keep the records of b. Cost of insurance for the pick-up.
Instead, Jack must record the total, business, and commuting mileage for the year. He does not need to record the cost of insurance to claim the standard mileage rate.
Thus, Jack can claim the standard mileage rate for the business use of his pick-up without the record of the cost of insurance.
Learn more about the claiming the standard mileage rate and record keeping here: https://brainly.com/question/4954869
When the allowance method is used for bad debts, the entry to write off an individual account known to be uncollectible involves a
Answer:
debit to the Allowance account.
Explanation:
GAAP is an acronym for Generally Accepted Accounting Principles, it comprises of the accounting standard, procedures and principles used by public institutions in the United States of America. The U.S GAAP is issued by the Financial Accounting Standards Board (FASB) and adopted by the U.S. Securities and Exchange Commission (SEC).
IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB). The International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globally.
According to the Generally Accepted Accounting Principles (GAAP), when the allowance method is used for bad debts, the entry to write off an individual account known to be uncollectible involves a debit to the allowance account.
Customer complaints can be viewed positively as an opportunity to
A. give gifts away
B. identify unwanted customers
C. fix a problem
D. fire an unwanted employee who has made a mistake
Answer:fix a problem
Explanation I took test
Customer complaints can be viewed positively as an opportunity to fix a problem. Therefore, option (C) is correct.
Who are the customers?The term customer refers to that who buy goods and products from the shop or the business, these are as a customer there are different types of customers are being there who have different needs and services they need that can be under the business as customers buy and sell the things.
As we see the customer opportunity as well, we can see there are certain complaints are being there which have to be solved by the dealers as well by the fix the concerns as well, there are certain issues being there which have been solved by it. As we see that customer brings more opportunity to the business for them also to solve their problems on time is good.
Therefore, customer complaints are to be solved quickly, hence option (C) is correct.
Learn more about customers here:
https://brainly.com/question/13472502
#SPJ2
Outline one proactive step the Meanwells might take to reduce the price sensitivity of their bus service so they can increase the price charged?
Answer:
i need help with this too:( also merry early christmas
Explanation:
Which of the following is important for
your financial advisor to know?
The important details that your financial advisor should know are:
assets, liabilities, income, expensesThis would help your financial advisor to make informed evaluations of your finances to be able to give you sound advice about habits you should stop, where to invest, and other related information.
Who is a Financial Advisor?This refers to a person that is a professional thatprovides expertise for clients' decisions around money matters,
Hence, we can see that your question is incomplete, so I gave you a general overview to help you get a better understanding of the concept,
Read more about financial advice here:
https://brainly.com/question/28405498
#SPJ1
ABC company received a special order for 5000 untis at a sales price of 10 per unit. ABC normally sells these for 12 each. Each unit requires 6 of variable manufacturing costs, and each order what will the affect be on pre-tax income?
Answer:
The increase in pre-tax income 20,000
Explanation:
The fixed cost of production would remain the same whether or not the special order is taken, hence, irrelevant for the decision at hand.
The sale price for the special order=10
the variable cost per unit=6
contribution margin per unit from special order=10-6=4
The increase in pre-tax income=total contribution margin from special order
The increase in pre-tax income=5000*4
The increase in pre-tax income=20,000
Hence, accepting the order is worthwhile.
Suppose that Kathy uses her credit card to cover her expenses and pay her bills. She accumulates a balance of $12,500 at an annual interest rate of 21%. Determine the future value of the total amount she will have to repay, if she takes 6 years to pay it off. Briefly, explain how excessive credit usage can’t lead into financial burden or default on your loans. (Show your work)
Answer:
$39,230.35
Explanation:
Balance = $12,500
Rate of Interest = 21%
Duration to repay = 6 years
Future pending amount =[12,500 * (1 + 0.21)^6]
Future pending amount = 39,230.35
Thus, Kathy have to repay $39,230.35 at the end of 6 years.
Excessive credit usage would not lead to default on your loans because credit card companies offer loan when you maintain a healthy balance sheet which means you maintain a specific amount in your account always which can repay the loan easily. Keeping extra money in your account reduce the probability that customers default on loans.
If the owner of a concert hall wishes to use third-degree price discrimination to price its tickets at $20, $15, and $10, it should price tickets lower for customers who
Answer: more elastic in their demand for tickets
Explanation:
Third-degree price discrimination is used by company when different price is being charged to a particular group of consumers.
Based on the scenario in the question, the owner of the concert hall should price tickets lower for customers who are more elastic in their demand for tickets.
Elastic demand simply means that a little change in the price of the concert hall will lead to a higher change in the quantity demanded. In this case, when the price increases, such people will buy little tickets. Therefore, the prices should be set lower for these set of people as there will be a huge increase in demand when the price is lower.
SEE
What characters can be included in a macro name? Check all that apply.
letters
numbers
spaces
underscores
BO
symbols
Answer:
Letter
Number
Underscores
Explanation:
A Macro names should mainly comprise of alphanumeric characters which is made up of mainly letters and numbers. Underscores as well as the first key being in capital is also important.
Space isn’t necessary as it has no clearly defined function .
Answer:
1) Letters
2) Numbers
3) Underscores
Explanation:
got it right on edge
What is it about incentive systems that makes them so attractive to leaders attempting to implement organizational change
Answer:
Incentive systems are so attractive to leaders who attempt to implement organizational change because they are powerful tools that can influence and motivate workers to embrace organizational change.
Explanation:
Incentive systems promote and encourage specific workers' actions or behavior. They are particularly used in businesses to motivate employees to adopt certain behaviors during a change transition by management. Studies have shown that if correct incentive systems are correctly selected, implemented, and monitored, they can increase team performance by an average of 44 percent. This improved performance makes incentive systems attractive to leaders who are implementing organizational changes.
The yield to maturity will be greater than the coupon rate when a bond is selling at a premium. true/false
Answer: False
Explanation:
When a bond is selling at a price that is above the Par value, it is said that the bond is selling at a Premium. This happens when the Coupon rate is higher than the Yield to Maturity.
The logic here is that the bond will be paying out more as coupon payments than the current yields in the market so it is a more attractive option that will command a higher price.
What is persecution
Answer:
: to harass or punish in a manner designed to injure, grieve, or afflict specifically : to cause to suffer because of belief.
Explanation:
my name is landon whats urs
Answer:
lloyd
Explanation:
Target buys products from manufacturers and then resells them to consumers. As such, Target is which of the following
A manufacturing business
A promotional enterprise
A service business
A marketing intermediary
Answer:
intermediary
Explanation:
they do not make the products. they are a stopping point a product takes between manufacturing and consumer
Target buys products from manufacturers and then resells them to consumers. Target is a marketing intermediary. Thus, the correct answer is option D.
What is a marketing intermediary?Marketing intermediaries are independent businesses that help the flow of goods and services from producers to end users. Agents, wholesalers and retailers, marketing services agencies, physical distribution companies, and financial institutions are among them. It is also known as Middlemen.
Marketing intermediaries are companies that help businesses promote, sell through digital product catalogues, and deliver goods to customers. Traditional intermediaries are classified into four types: agents and brokers, wholesalers, distributors, and retailers.
Therefore, Target is a marketing intermediary.
To learn more marketing Intermediary, click here:
https://brainly.com/question/16344809
#SPJ2
Alba wants to learn how to grow orchids and looks online for a podcast that discusses the correct variety, soil mixture, amount of light needed, and how often to water the plants. This is an example of content marketing because
Answer: it includes media such as videos, podcasts, webinars and blog posts.
Explanation:
Content marketing is a marketing approach that is used by businesses or organizations to give valuable information and content to the customers or a particular audience.
Content marketing includes e-books, blog posts, podcasts, educational articles, videos, and webinars. Content marketing helps in answering certain questions and also give the audience something different that they can't get somewhere else.