Answer:
option (A) $28.00
Explanation:
Data provided in the question:
Total cost of Shaniqua's plate = $7.00
Desired product cost = 25%
Now,
Let the selling price for a steak dinner be 'x'
therefore,
[(Total cost of plate) ÷ (Selling price)] × 100% = 25%
or
[ $7 ÷ x] = 0.25
or
or
x = $7 ÷ 0.25
or
x = $28
Hence,
correct answer is option (A) $28.00
Answer:
B- Self interest results in the Nash Equilibrium which is the best outcome for the players.
Explanation:
Prisoner's dilemma: It is the answer in the game theory to the reason that why 2 conflicted parties doesn't cooperate. According to Prisoner's Dilemma, 2 conflicted individuals doesn't cooperate because they both are acting to secure their own self interest, considering that the collective interest would be far much better, but they are interested in win/lose situation.
Nash Equilibrium: This occurs when both parties realize that no extra benefit will incur if they change their strategy, so they both remain on the same strategy and solve the dilemma while getting the optimum outcome for both of them.
Answer:
The correct answer is letter "C": simplified his choices for purchasing chips.
Explanation:
Brand fulfill different functions for its customers such as <em>representing a certain level of prestige</em> or social status over a group, moreover when the brand is associated to a luxury item; brands also serve as a <em>form of identification and communication of having values</em> -like purchasing environmental-care products only; or <em>simplifying purchasing choices</em>, when there are many competitors for a given good but the brand has special features that help consumers prefer it.
Answer:
$2,090 should be charged as rent to obtain maximum profit.
Explanation:
Let's assume x is the number of occupied apartment.
Therefore, the total rent the company is getting can be represented as;
{(560 + 45(80-x)}x-50x
Y=560x + 3600x - 45x^2 - 50x
Y=4110x - 45x^2
Y^'=(4110x - 45x^2)^'
Y=4110 - 90x
Y=0
4110-90x = 0
90x = 4110
x = 45.67
Rent is therefore;
560 + (80 - 46)45
=560 + 1530
=$2,090
Answer:
Increase of $1 million.
Explanation:
Depreciation expense = (Capital assets cost - Land cost) ÷ Average Years
= (90 - 10) ÷ 20
= $4 million
Reconciliation from governmental changes in fund balances to governmental activities changes in net assets would reflect:
= capital outlay expenditures - Depreciation expense
= 5 million - 4 million
= $1 million
Therefore, there is an increase of $1 million.
