Answer:
A. $ 450 comma 000
Explanation:
In order to compute the fixed cost per month first we have to determine the variable cost per unit which is shown below.
Variable cost per hour = (High total cost - low total cost) ÷ (High production volume - low production volume)
= ($710,000 - $550,000) ÷ (13,000 units - 5,000 units )
= $160,000 ÷ 8,000 units
= $20
Now the fixed cost equal to
= High total cost - (High production volume × Variable cost per unit)
= $710,000 - (13,000 units × $20)
= $710,000 - $260,000
= $450,000
We simply applied the above formula
Answer:
The correct answer is option c.
Explanation:
An oligopoly is a market structure where there are a few sellers. These sellers may be selling homogenous or differentiated products.
There is high competition in the market. The sellers are interdependent on each other.
This interdependence happens because of a few sellers. The decisions of a seller affect its rivals. So before making a decision regarding price and output, a firm must consider the reaction of its rivals.
So all the firms are mutually interdependent.
Answer:
$7,000
Explanation:
Data provided in the question:
Amount owed by Andrea on a medical bill to university hospital = $12,000
Amount by which the Andrea's debt exceeded her assets = $5,000
Now,
The debt forgiveness that Andrea will need to include in her gross income will be
= Amount owed on a medical bill - The amount by which debt exceeded assets
= $12,000 - $5,000
= $7,000
There will be loss due to the interest of the amount borrowed just to compensate or supplement their existing reserves.
Total money borrowed is $100 + ($100*%interest)
This strategy of the owner is not good and may result to more money loss than gaining more profit.
