Answer:
Operating income increases by $40,000.
Explanation:
Given that,
Total fixed costs = $840,000
Sale price per unit = $60
Variable cost per unit = $30
Additional amount spend on advertising = $35,000
Sales volume would increase by 2,500 units.
Contribution margin:
= Sales - Variable costs
= $60 - $30
= $30 per unit
Increase in operating income:
= Increase in contribution margin - Increase in Fixed costs
= ($30 × 2,500 units) - $35,000
= $75,000 - $35,000
= $40,000
<span>worker
The </span>economic player that is most closely associated with the dual role of consumer and producer is the worker because he produces goods with his work, and so a worker is a producer, but he also consumes other goods, so the worker is also a consumer.
Answer:
The price elasticity of demand is -1.81.
Explanation:
At price level $9 the quantity demanded is 250.
At the price level $8, the quantity demanded is 300.
The price elasticity of demand will be
=
=
=
=
=
= -1.81
Answer Not claiming the instrument hes sending
Explanation: