Answer:
The correct answer is a. any firm producing a different quantity will have higher costs
.
Explanation:
The LRAC curve determines the relationship between everything assumed by production in order to produce a certain quantity of goods. In this case, when a minimum point is presented, every producing entity will have an increase in costs, because this situation determines an inverse relationship between the two variables studied. in case the fund is flat, it is understood that the company is capable of competing in the market.
Answer:
The correct answer is the option D: present her with data showing that the pool is not only needed but also affordable and practical.
Explanation:
To begin with, due to the fact that Ms Wheterby is new to the system of the school it will not be nice to compliment her about her leadership due to the fact that she may not acted much in the time she was there and because Matthew does not know her that much too, therefore that the best way to approach to her is to show her that the pool is a big deal and can not only be needed but also affordable and practical for the students in order to achieve better goals as well as increase the reputation of the school. And in order to do that Matthew will need good data.
Answer:
PV= $114,699.21
Explanation:
Giving the following information:
Annual payment= $10,000
Number of years= 20
Interest rate= 6%
<u>To calculate the present value, we need to use the following formula:</u>
PV= A*{(1/i) - 1/[i*(1 + i)^n]}
A= annual payment
PV= 10,000*{(1/0.06) - 1 / [0.06*(1.06^20)]}
PV= $114,699.21
Answer:
b. −1,002.5
Explanation:
economic profit = accounting profit - opportunity costs
- accounting profit = revenue - maintenance and insurance = $96,000 - $30,240 = $65,760
- opportunity costs = the lost salary as a computer programmer + money he could earn by selling the land lot and investing = $48,000 + ($395,000 x 4.75%) = $66,762.50
economic annual profit = $65,760 - $66,762.50 = -$1,002.50
Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.
<h3>How is the total gross profit calculated?</h3>
This can be found as:
= Sales revenue - Cost of goods sold
Sales revenue:
= 200,000 x 4.70
= $940,000
Cost of goods sold:
= Total production cost / Total units produced x Units sold
= 665,600 / 208,000 x 200,000
= $640,000
Gross profit:
= 940,000 - 640,000
= $300,000
Find out more on gross profit at brainly.com/question/942181.
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