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AysviL [449]
4 years ago
15

Toby operates a small deli downtown. the deli industry is monopolistically competitive. toby says he is producing the quantity t

hat minimizes his average total cost. assuming that toby is maximizing profits, his
Business
1 answer:
evablogger [386]4 years ago
5 0
Here is the answer that completes the statement above.
Regarding the situation of Toby who runs a small deli downtown, if he is already maximizing his profits, therefore, we can say that the number or amount of delis will soon increase or rise. Hope this answers your question.
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You’ve invested a lot in Moondogs -- now you need to find the right price to charge for your coffee. It has to be low enough to
stich3 [128]

Steps to figure out the right price of coffee would be :-

Explanation

1.Expenditure - Analyse the amount that has been uncured in the process of making the coffee. It should include all the raw material and other expenses such as services taken of people as well as assets purchased as well.

2. Profit Margin - A standard percentage of profit margin should be set which would be added in the expenditure of the coffee. This would give us the right price of the coffee per cup.

8 0
3 years ago
If government regulations force employers to provide dental insurance, then there is a movement up the:________.
Bas_tet [7]

Answer:

The correct answer is the option 3: AS shifts right and price level would increase.

Explanation:

To begin with, the <em>Aggregate Supply Curve</em> is the total amount of goods and services that the suppliers are willing and able to offer at a certain price level given and at a certain period of time. If the costs of the sellers increases then that would mean that they would try to obtain more profits so that would implicate in an increase in the amount of quantity offered by them. So that means that the aggregate supply curve would shift to the right and the price level would increase as the sellers would try to earn more profits so that they could cover all the new costs given by the government.

6 0
4 years ago
What<br> are three effects inflation have on an economy
Brrunno [24]
1. Hardships for poor people and fixed income salaried households 
<span>2. Business Profits tend to go up in times of inflation </span>
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7 0
3 years ago
Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.83 times at the end of 2008. If the firm's tota
navik [9.2K]

Answer:

Trina's Trikes have equity of 5.03 million

Explanation:

Debt to equity ratio is the rate of debt as compared to equity of the firm.

We can calculate the amount of equity by using formula of debt to equity

Debt to equity = Total Debt / Total equity

1.83  = 9.2 million / Total equity

Total Equity = 9.2 million / 1.83

Total Equity = 5.03 million

4 0
4 years ago
April Corporation developed the following per-unit standards for its product: 2 pounds of direct materials at $3.75 per pound. L
BigorU [14]

Answer:

200 Unfavorable

Explanation:

Calculation to determine what The direct materials usage variance for last month was:

Material usage variance =( Direct materials pounds - Direct materials units) * Actual quantity purchased

Let plug in the formula

Material usage variance= (2 pounds *900) -2,000 pounds

Material usage variance= 1,800 - 2,000

Material usage variance=200 Unfavorable

Therefore The direct materials usage variance for last month was 200 Unfavorable

7 0
3 years ago
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