The number of books that will be produced such that the costs from the two methods be the same is 4668 units.
From the complete question, the total cost of the first equation will be:
= 8.25x + 65054
The total cost for the second equation will be:
= 19.50x + 12539
Then, we'll equate both equations together and this will be:
8.25x + 65054 = 19.50x + 12539
Collect like terms
19.50x - 8.25x = 65054 - 12539
11.25x = 52515
Divide both side by 11.25
11.25x/11.25 = 52515/11.25
x = 4668 units.
Therefore, the breakeven unit will be 4668 units.
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Answer: $11,620
Explanation:
A=P(1+r/n)^nt
A=$10,000(1+0.03/12)^12×5
A=$10,000(1+0.0025)^60
A=$10,000(1.0025)^60
A=$10,000(1.162)
A=$11,620
Note: A= Future value
P= principal
r=Interest rate
n= no.of time Interest is compounded
t= time money is invested.
Answer:
option (B) 912 ± 42.6
Explanation:
Data provided in the question:
Standard deviation = 64 square feet
Sample size, n = 15
Mean = 912
Confidence level = 99%
Now,
Confidence interval = Mean ± z[s ÷ √n]
here,
z = 2.58 for 99% confidence level
Thus,
Confidence interval = 912 ± 2.58[64 ÷ √15]
or
Confidence interval = 912 ± 2.58[64 ÷ √15]
or
Confidence interval = 912 ± [ 2.58 × 16.525 ]
or
Confidence interval = 912 ± 42.63
= 912 ± 42.6
Hence,
The answer is option (B) 912 ± 42.6
Answer:
DiscountHaven Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company's marketing and sales, logistics, administrative, and other such related costs get divided between a large number of product units stocked in its stores. This makes it difficult for smaller retail stores and supermarkets to compete against DiscountHaven's low prices. Thus, DiscountHaven has a competitive advantage due to its economies of scale.
Explanation:
Economies of scale are the economic benefits that are realized by operating on a larger scale. In general, the average cost per unit of output decreases with an increasing scale because fixed costs are spread over more units of output. Operational efficiency is often greater with increasing scale, which in turn leads to lower variable costs. When the average costs increase with an increasing scale, this is called the disadvantage of scale.
When an industry is characterized by economies of scale, it can lead to a monopoly or oligopoly. Only large companies can then produce economically so that the barriers to entry for new market players are high.