Answer:
See below
Explanation:
With regards to the above information, we can write out the equation to be;
P = (10,900 + y)($6 - 0.0001y)
= 65,400 - 1.09y + 6y - 0.0001y^2
= 65,400 + 4.9y - 0.0001y^2
dp/dx = 4.9 - 0.002y
Set equal to zero to find maximum
4.9 - 0.002y = 0
y = 8,000
So, maximum profit is $
Answer: The correct answer is D. An announcement by the FDA that oranges prevent heart disease
Explanation: There are a number of factors (determinants) which directly affects the level of demand for any given commodity. That is, such factors can make demand to change completely, either positively or negatively. One of such factors is the consumers’ preference or taste.
If the consumers begin to develop a preference for a particular commodity for any reason, then the demand for that commodity will go up. Like stated in the question, if there is an announcement by the government agency that oranges prevent heart disease, consumers would be more interested in eating oranges more than before. Even individuals and households that previously didn’t particularly like oranges would now be looking for them in grocery stores. The reason for this is quite simple; heart disease is a major health concern worldwide and many have died from this condition due to poor medical care. So, identifying oranges as a preventive measure would be a most welcome idea in view of the fact that it costs very little to buy oranges as a preventive measure against a killer disease and that is sure to induce consumers to develop a preference for oranges.
I would say d because that’s a product which is also a supply
Answer: The planning process begins with two attributes:
- A mission statement : focuses on the <u><em>current perspective</em></u> of the organization, describes general way of their capacities, their approach to the client and their activities. Is a starting point for the elaboration of the strategic vision.
- A vision statement : The fact of arriving at a well-reasoned conclusion of the company's <u><em>long-term direction</em></u> drives administrators to study the current business in detail and to develop a clearer idea of whether it is change is necessary and how to do it within the next 5 to 10 years.
Explanation:
What do we want to become? VISION STATEMENT
What is our reason for being? MISSION STATEMENT
What are the costs? VISION STATEMENT
How much money can I make? VISION STATEMENT
What are the risks? VISION STATEMENT
What products do we offer at a profit? MISSION STATEMENT
Answer:
$1,220.55
Explanation:
We use the Present value formula to find out the current price of the bonds. The calculation is presented on the excel spreadsheet
Given that,
Future value = $1,000
Rate of interest = 5.5%
NPER = 19 years
PMT = $1,000 × 7.4% = $74
The formula is shown below:
= -PV(Rate,NPER,PMT,FV,type)
So, after solving this, the current price of the bond is $1,220.55