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3 years ago

EB1.

Business

1 answer:

olya-2409 [2.1K]3 years ago

3 0

Answer:

34,000 units

Explanation:

Given that,

Budgeted sales = 32,000 units

Ending inventory required = 6,000 units

Beginning inventory = 4,000 units

Hence,

Number of units = Budgeted sales + Ending inventory - Beginning inventory

Number of units = 32,000 units + 6,000 units - 4,000 units

Number of units = 34,000 units

Therefore, 34,000 units must be produced to also meet the 6,000 units required in ending inventory.

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3 years ago

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Jaklyn loves her job, admires her boss, and believes in the goals and vision of the company she works for. She can't imagine loo

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Answer:

C) a high level of organizational commitment.

Explanation:

Since Jacklyn loves her job, admires her boss, believes in goals and vision of company. Also, she can't imagine looking for or finding a better job. Jacklyn likely demonstrates a high level of organizational commitment.

Hence, she's not ready to bear the cost or difficulty associated with leaving or finding another job and thus desires to remain at her present company.

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3 years ago

Freeze Ice Cream Shop sells its specialty shakes for $3.50 each. In the summer months, the shop typically sells 200 shakes a day

mamaluj [8]

As a result of the demand increasing only slightly compared to the reduction in price, the demand must be <u>inelastic</u>.

<h3>Why is the demand inelastic?</h3><h3 />

The demand is considered to be inelastic if the price elasticity is less than 1.

The price elasticity is:

= (%Change in quantity/% Change in price)

Solving gives:

= 15 / 200 ÷ 0.50 / 3.50

= -0.525

In conclusion, the demand for the shakes is inelastic.

Find out more on inelastic demand at brainly.com/question/1899986.

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2 years ago

A monopolist's maximized rate of economic profits is $2 comma 700 per week. Its weekly output is 900 units, and at this outpu

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Answer:

Average total cost= $46

Marginal revenue= $33

Explanation:

In this instance the monopolist's total cost is the revenue from sale of one unit less the economic profits per unit

Economic profit per unit= 2,700/900

Economic profit per unit= $3

Average total cost= (Price per unit) - (Economic profit per unit)

Average total cost= 49 - 3= $46

For this instance marginal revenue is equal to marginal cost.

Marginal revenue= Marginal cost= $39

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3 years ago

A stock has a beta of 1.12 and an expected return of 10.8 percent. A risk-free asset currently earns 2.7 percent. a. What is the

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Answer:

6.75%

Explanation:

Data provided in the question:

Beta of the stock = 1.12

Expected return = 10.8% = 0.108

Return of risk free asset = 2.7% = 0.027

Now,

Since it is equally invested in two assets

Therefore,

both will have equal weight = $\frac{1}{2}$ = 0.5

Thus,

Expected return on a portfolio = ∑(Weight × Return)

= [ 0.5 × 10.8% ] + [ 0.5 × 2.7% ]

= 5.4% + 1.35%

= 6.75%

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3 years ago