All categories

2 years ago

Continuing the analysis of Ginnie's Gym Refreshment Bar:

Business

1 answer:

Irina18 [472]2 years ago

8 0

The bundle that is going to maximize profit is going to be Late

<h3>How to find the bundle that would maximize profit</h3>

we have the net profit from early to be 7 + 5 = 12

We have the net profit from late to 6 + 10 = 16

We can see that the value for late is greater at 16 compared to that of the early.

Hence we can say that late has the greatest profit.

Next we have to solve for the profit that is made. This is the net profit.

The solution is given as 16 - 12 = 4

<h3>What is profit maximization</h3>

This is the process where by businesses would try to get the best output possible from the given inputs that they would use in the business. It goal is to be able to maximize the returns that they would make.

Read more on profit maximization here:

brainly.com/question/13464288

#SPJ1

You might be interested in

QuestionA baseball team is deciding where to celebrate their tournament victory. They decide between two restaurants by voting,

Damm [24]

Answer:

majority rule

Explanation:

4 0

3 years ago

Which type of private label brand carries no evidence of a retailer s affiliation, is manufactured by a third party, and is sold

Drupady [299]

Answer:

A. A captive brand

Explanation:

-A captive brand is when a brand is produced by another party and owned by the retailer but there is no evidence of this and it is only sold by it.

-A complementary brand is when a brand is marketed together with another one to encourage the purchase of both.

-A cooperative brand is when a brand shares a promotion with another one.

-An exclusive brand is a brand that is produced by the retailer and it is sold using its name.

-A generic brand is when a product doesn't have a brand name and it has a lower price than the ones from well-known brands.

According to this, the answer is that the type of private label brand that carries no evidence of a retailer s affiliation, is manufactured by a third party, and is sold exclusively at the retailer is a captive brand.

8 0

3 years ago

Kasen has left 30 acres of land to the First Church of Magnolia with the condition that it shall own and have rights to it forev

vichka [17]

Answer: Fee simple defeasible.

Explanation:

A fee simple defeasible is a transfer of property that has conditions placed on the property. The holder of a fee simple defeasible has the property as a "fee simple" subject to the given condition. In a case whereby the condition is not met or violated then the property will go back to the grantor or a specified third party.

In this case, if the first church of Magnolia allows alcohol to be sold on the land, the property will be given back to Kasen or his heirs.

5 0

3 years ago

Which of the following phrases BEST defines the word import?

Lubov Fominskaja [6]

<span>to obtain a product from another country </span>

8 0

3 years ago

Read 2 more answers

During a company's first year, the asset account, Office Supplies, was debited for $3,900 for the purchases of supplies. At year

fiasKO [112]

Answer:

The adjusting entry will be shown below:

Explanation:

The adjusting journal which is to be recorded in the following case will be:

Office Supplies expense A/c..............................Dr $2,275

Office Supplies A/c.........................................Cr $2,275

As the amount $3,900 is already debited and at the year end, the remaining amount of office will be posted to the account of the office supplies expense against the office supplies account.

Working Note:

Amount = Debited amount of office supplies - Offices supplies on hand

= $3,900 - $1,625

= $2,275

5 0

3 years ago