Answer:
11,000 people
Explanation:
fixed costs per store $80,000
variable cost ratio 0.80
average sale per customer $15
average customer sales per week 1.75
customers as portion of population 4%
each customer shops 1.75 x 52 = 91 times per year
contribution margin per visit = $15 - ($15 x 0.8) = $3
contribution margin per client per year = $3 x 91 = $273
in order to make $40,000 in profits, you need at least:
($80,000 + $40,000) / $273 = 439.56 ≈ 440 customers
to determine the city's total population = 440 / 0.04 = 11,000
Answer:
For paint line to must produce the 4950 gallons of beige paint, it needs total of 5174.1 Kg. It accounts for the factors which are mentioned in the question . Explanation for this is attached in the image.
Explanation:
Explanation is in the attached image.
Answer:
A) The current supply will shift to the left
Explanation:
The supply curve shifts to the left when the total quantity supplied decreases, which results in a price increase at any given quantity.
If everyone expects that the football team will have a great season, the quantity demanded for tickets will increase, which will increase their price. But the suppliers will also hold to their tickets until a day or two before the games to increase expectations and fans' anxieties. That way the price will increase even more, and they will make a higher profit.
Answer:
Explanation:
As the complete question is not given thus the complete question is found online and is attached herewith.
As per the complete question, the goals of the two foundations are required which are as follows:
American Federation of Labor:
American Federation of Labor made efforts for
- <em>Cooperation among corporate and political leaders to achieve goals of the working community</em>
- <em>Settlement of hundreds of industrial disputes </em>
- <em>Encouraged improvements in safety environment at the factory </em>
- <em> Establishment of pensions for long-term workers</em>
Industrial Workers of the World
Industrial Workers of the World advocated and worked for:
- The one big union
- The rejection of capitalism
- The inclusion of unskilled and foreign born workers.
