1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jek_recluse [69]
2 years ago
7

‍You have just decided to add a new line to you manufacturing plant. Compute the expected loss/profit from the addition if you e

stimate the following:
i. There is a 50% chance that profit will increase by $100,000
ii. There is a 30% chance that profit will remain the same
iii. There is a 20% chance that profit will decrease by $15,000
Business
1 answer:
nikklg [1K]2 years ago
3 0

Answer:

The expected profit from the addition is $47,000

Explanation:

Total Addition can be calculated by netting expected values of all situations as follow:

Expected value = %Chance x additional Profit/loss

i Expected profit = 50% x $100,000 = $50,000

ii Expected profit = 30% x $0 = $0 (Profit is same there is no addition)

iii Expected profit = 20% x ($15,000) = ($3,000)

The expected profit from the addition = $50,000 + ($3,000) = $47,000

You might be interested in
An application of the Law of Supply is,
tino4ka555 [31]

Answer:The law of supply says that a higher price will induce producers to supply a higher quantity to the market. Supply in a market can be depicted as an upward sloping supply curve that shows how the quantity supplied will respond to various prices over a period of time.

Explanation:

3 0
2 years ago
A government policy that sets the highest price that can be charged for a good or service is a __________.
trasher [3.6K]

Answer:

B. price ceiling.  

A government policy that sets the highest price that can be charged for a good or service is a price ceiling.

3 0
3 years ago
Aztic Inc., a manufacturer of sports goods, plans to expand its operations to various other countries. During market research, i
RSB [31]

Answer: demographic makeup

                         

Explanation:  Demographics is a population analysis based on criteria like age, ethnicity, and gender. Demographic data relates to systematically articulated social economic-economic statistics, including jobs, schooling, wages, marriage rates, rates of births and deaths, and much more.

Governments, companies, and NGOs use surveys to learn much more about the dynamics of a community for many reasons, including policy development and research on the economic market. Demographic information is collected to create a profile for the client base of the company for company's marketing objectives.

Thus, from the above we can conclude that the given case depicts demographic makeup.

8 0
3 years ago
Financial barriers to healthcare are a huge concern to people around the world. describe three (3) organizations who provide fin
Vlada [557]

These are some of the organizations that provide financial assistance to healthcare: 

1. NeedyMeds, Inc. 

T<span>his is a national non – profit organization that provides free information to </span>those<span> people who cannot afford the medications. </span>T<span>his organization aims on providing affordable healthcare to </span>people. They also provide discount cards for medicine accepted in over 65,000 pharmacies. 

2. Partnership for Prescription Assistance 

This organization help those people who are uninsured or underinsured with their medications for free or nearly free. The organization<span> provides a single point of access to over</span> 475 patient assistance programs, including around<span> 200 offered by biopharmaceutical companies.</span> 

3. RxHope 

T<span>his organization provides an advocate and facilitator in getting the people's medications for free or at a small amount.</span>

4 0
3 years ago
Yvonne is preparing a tax return for Jack. Jack wants to claim his nephew as a dependent even though he does not meet the criter
Evgesh-ka [11]

Answer:

stage 4

Explanation:

4 0
3 years ago
Other questions:
  • A semi-conductor company has established a plant overseas in south africa where the power grid is somewhat unreliable. the plant
    10·1 answer
  • Which four ethical norms are often used by companies to help individuals make ethical decisions?
    8·2 answers
  • If the pound sterling appreciates against the U.S. dollar, England buys _____ U.S. goods, causing the U.S. aggregate demand curv
    13·1 answer
  • On January 1, Applied Technologies Corporation (ATC) issued $550,000 in bonds that mature in 10 years. The bonds have a stated i
    7·1 answer
  • Which course of action would the WTO take if member A tries to impose a trade barrier against member B?
    12·2 answers
  • Which of the statements is true regarding advertising? Perfectly competitive firms have the strongest incentive to advertise. Ad
    12·1 answer
  • The price elasticity of demand measures the: A. responsiveness of quantity demanded to a change in quantity supplied. B. respons
    12·1 answer
  • 2.5 If the nominal rate of interest is 4.25 percent and the expected rate of inflation is 1.75 percent, what is the real rate of
    12·1 answer
  • At a large department store, the number of years of employment for a cashier is a normally distributed variable with a mean of 5
    7·1 answer
  • An election is being held to fill three seats on the board of directors of a firm in which you hold stock. The company has 8,200
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!