How are most travel itineraries arranged?

Suppose that the market demand curve for scooters is given by P = 300 - 5Q, where P is the price and Q is total industry output.

BigorU [14]

Answer:

The total number of scooters is 10

Explanation:

Total profit is maximized where Marginal Revenue (MR) = Total Marginal Cost

= 50 + 50 + 50 + 50 = $200

TR = P × Q = (300 - 5Q) × Q = 300Q - 5Q²

So, MR = $\frac{d(TR)}{dQ}$ = 300 - 2(5Q) = 300 - 10Q

Now, MR = 200 gives,

300 - 10Q = 200

So, 10Q = 300 - 200 = 100

So, Q = $\frac{100}{10}$

So, Q = 10

7 0

3 years ago

As a firm grows, it must support increases in revenue with new investments in assets. The self-supporting, or sustainable, growt

rjkz [21]

Answer:

Sustainable growth rate = 0.67148%

The firm maintains a constant ratio of liabilities to equity.

Explanation:

Sustainable growth rate = ROE *Plow back Ratio / (1-ROE * Plow back Ratio)

When ROE = Net Income / Total Assets

= $2,000,000/$300,000,000

= 0.00667

Plow back Ratio = 1 - (Dividend / Net Income)

= 1 - ($180,000/$2,000,000)

= 1 - 0.09

=0.91

Sustainable growth rate = ROE * Plow back Ratio / (1-ROE * Plow back Ratio)

= 0.00667 * 0.91 / (1 - 0.00667 * 0.91)

= 0.0060697 / 0.9039303

=0.0067148

= 0.67148%

Therefore, the sustainable growth rate is 0.67148%

The firm maintains a constant ratio of liabilities to equity is the correct assumption for the sustainable growth model.

3 0

3 years ago

A company that is unwilling to give up control of the business is in need of additional capital. Would issuing additional stock

svetlana [45]

Answer:

Issuing bonds will be the better option for this company. Mainly because they do not like to give up the control of the company or to change its equity structure.

When the bonds are issued, the company gets the money from the investors and has to pay an agreed amount of interest periodically until maturity of the bond, where the company will have to pay the face value of the bonds.

Explanation:

8 0

3 years ago

What ethics "Rule"does it break?

AysviL [449]

The breaking of rules is violation of law. The legal right does not comes under the law if anybody has the right to break the law.

Explanation:

A Rule is a statement that denotes about what a person should do or not to do in a specific situation. It clarifies demarcates or interprets a law or policy.Rule is a principle or standard that serves as a norm for guiding an action.

The rules for professional ethics are do not enter into attorney client relationship, do not negotiate fees with the client and do not give legal advice.

The people break the laws and takes high risk because of their less self control.

7 0

3 years ago

A manufacturer of tiling grout has supplied the following data:

NNADVOKAT [17]

Answer:

c. 31.4%

Explanation:

As we know that

Contribution margin ratio is

= Contribution margin ÷ Sales revenue × 100

where,

Contribution margin is

= Sales revenue - Variable manufacturing expense - Variable selling and administrative expense

= $1,920,000 - $957,000 - $360,000

= $603,000

And the sales revenue is $1,920,000

So, the ratio is

= $603,000 ÷ $1,920,000 × 100

= 31.40%

6 0

3 years ago