Answer:
Monthly rent of $345 would maximize revenue
Explanation:
Revenue = Price * Quantity
Quantity depends on price. We need to work out the relationship between price and quantity (that is, the demand function)
When the rent is $420, quantity demanded is 90 units:
When P = 420 we have Q = 90
Let x be the change in price. For every 3 dollar increase (decrease) in price demanded quantity will decrease (increase) 1 unit:
P = 420 + x (a) we have Q = 90 - x/3 (b)
To find the relationship between P and Q we seek to eliminate x.
Multiply both sides of (b) with 3 we have: 3Q = 270 - x (b')
From (a) and (b') we have: P + 3Q = 420 + x + 270 - x
=> P = 690 - 3Q
Revenue R = P * Q = (690 - 3Q) * Q = 690Q - 3Q^2
To find maximum set derivative of R to 0:
dR = 690 - 6Q = 0
=> Q = 690/6 = 115
To lease 115 the price should be P = 690 - 3Q = 690 - 3*115 = 345
Answer:
$37.79
Explanation:
The computation of the stock price is shown below:
Data given in the question
Next year dividend = $3.25
Growth rate = 3.5%
Required rate of return = 12.1%
So, the stock price is
= Next year dividend ÷ (Required rate of return - growth rate)
= $3.25 ÷ (12.1% - 3.5%)
= $3.25 ÷ 8.6%
= $37.79
We simply apply the above formula to find out the stock price
Answer:
The flexible-budget amount is $120,000
Explanation:
The flexible-budget amount is the same lump sum as the static budget.
Therefore, The flexible-budget amount is $120,000.
Answer:
D Citizens.
Explanation:
Citizens are the employees that responds to the negative events(events that are not related to their work) because they want to remain a part of the organization but they don't posses the credibility that required to change.
Citizens are the employees that do little things showing around the new employees.
Systematic risk does not include business risk (option c).
<h3>What is systematic risk?</h3>
Systematic risk are risk that are inherent in the economy. Systematic risk cannot be diversified away. They are also known as market risk. Examples of this risk include recession, inflation, and high interest rates. Systematic risk can only be insured against. Systematic risk is known as undiversifiable risk.
Business risk is an example of non-systematic risk. It is the risk that is specific to a business and not the whole economy. Non-systematic risk can be diversified by holding different types of stocks in the portfolio. Non-systematic risk are known as diversifiable risk.
To learn more about systematic risk, please check: brainly.com/question/24177720
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