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kotegsom [21]
1 year ago
7

Consider the demand equation q=20,000 p^(-1.4). if the cost of production is constant at $0.50 per unit then what is the optimal

price to maximize profit?
Business
1 answer:
skelet666 [1.2K]1 year ago
4 0

Consider the demand equation q=20,000 p^(-1.4). if the cost of production is constant at $0.50 per unit $1.75 is the optimal price to maximize profit.

The income maximization system depends on income general sales overall fee. consequently, a firm maximizes earnings while MR = MC, that is the primary order, and the second order depends on the first order. This idea differs from wealth maximization in phrases of length for income earnings and the company's goals.

Calculation,

The demand equation q=20,000 p^(-1.4)

The production constant is $0.50

maximum profit= $1.75

The choicest charge is that charge point at which the total earnings of the seller are maximized. while the rate is just too low the vendor is shifting a big quantity of devices but income is the best possible combination of income. Examples of income maximizations like this encompass: discovering less expensive raw materials than those presently used. discover a provider that gives better charges for inventory purchases. locate product resources with decreased delivery prices. lessen labor expenses.

Learn more about The optimal price here:-brainly.com/question/28332226

#SPJ4

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Foster, Inc., purchased a truck by paying $5,000 and borrowing the remaining $30,000 required to complete the transaction. Ident
neonofarm [45]

Answer: c. Foster Inc.'s assets will decrease by a net amount of $30,000.

d. The Company's liabilities will increase by $30,000.

Explanation:

From the question, Foster, Inc., bought a truck by paying $5,000 and then borrowed the remaining $30,000 that was required to complete the transaction.

Since the company borrowed $30,000, this will lead to an increase in the liability of the company by $30,000. Also, it will lead to a reduction in the net assets of the company by a net amount of $30,000

6 0
3 years ago
Universal Containers' contact center manager needs to measure the following metrics: - Agent productivity - Customer satisfactio
VLD [36.1K]

Answer: Average handle time

First contact resolution

Explanation:

Since the center manager needs to measure the productivity of the agent and the customer satisfaction, the report that should be recommended by a consultant would be the average handle time and the first contact resolution.

The average handle time shows the time taken for a transaction to be completed. This can be used to determine the productivity of agents. Also, first contact resolution can be used to determine customer satisfaction as it shows the number if queries that were successfully resolved.

8 0
3 years ago
IBC stands for A None of the above B Idea Basics for Certifications C Industry Based Certification D Introductory Business Certi
Feliz [49]
C industry based certificate
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3 years ago
Answer the following question using this order book: Order Book Example Buy Orders (Bids) Sell Orders (Asks) Amount Price Amount
Murljashka [212]

The spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>

<h3>What is the spread?</h3>

The spread is the gap or difference between the bid and the ask prices of a security or asset, like a stock, bond, or commodity

The spread is commonly known as a bid-ask spread.  This implies that while the investor is bidding to sell the security at $41.87, it could be sold for $42.25, giving a difference (spread) of $0.38 per share.

<h3>Data and Calculations:</h3>

Buy Orders (Bids)        Sell Orders (Asks)

Amount       Price         Amount          Price

63              $42.15            3               $42.16

36              $42.12          68              $42.22

112             $41.99          113              $42.25

 3             $41.88             9              $42.44

Spread at a ask price of $42.25 = $0.38 ($42.25 - $41.87)

<h3>Answer Options:</h3>

a.) 0.01

b.) 0.29

c.) 0.38

d.) 0.17

Thus, the spread for this security after an investor submits a sell order for 185 shares at $41.87 is c.) <u>$0.38</u><u>.</u>

Learn more about security spreads and bid and askprices at brainly.com/question/14467928

7 0
2 years ago
Heather Hudson makes stuffed teddy bears. Recent information for her business follows:
KonstantinChe [14]

Answer:

Degree of Operating Leverage =  1.24

Explanation:

given data

Selling price =  $35.50  per bear

Total fixed cost = 1,450.00  per month

Variable cost = 16.50 per bear

sells = 390 bears

solution

we get here Degree of Operating Leverage that is express as

Degree of Operating Leverage = Contribution Margin ÷ Operating Income   .................1

and

Contribution Margin = Sales - Variable cost  .................2

Contribution Margin = (390 bears × $35.50) - (390 bears × $16.50)

Contribution Margin = $7410

and

Operating Income = Sales - Variable cost - Fixed Costs ................3

Operating Income = (390 bears × $35.50) - (390 bears × $16.50) - $1450

Operating Income = $5960

so put value in equation 1

Degree of Operating Leverage = \frac{7410}{5960}  

Degree of Operating Leverage =  1.24  

5 0
3 years ago
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