Answer:
$5,000 increase
Explanation:
Data provided as per the question is below:-
Contribution margin = $50
Increase units = 100
The computation of profit is shown below:-
Model 24 Sales Increase By 100 units
Profit will increase = Contribution margin × Increase units
= $50 × 100 units
= $5,000 increase
Therefore for computing the profit increase we simply multiply the contribution margin with increase units.
With the given information, I assume that Holden works in financial services, probably in the sales side of the company. This could be investments or a commercial bank.
Answer:
The company must sell 10,00 products to break even
Explanation:
If you use the approached suggested in the question, you can solve for break even quantity by setting revenue to equal cost
R = C => 9x = 50,000 + 4x => 5x = 50,000 => x =10,000
<u>Double check: </u>
10,000 products sold as $9 would fetch $90,000 in revenue
Producing 10,000 products would incur 50,000 + 4 * 10,000 = $90,000 in total costs
=>The solution is correct
Answer:
Money market instruments is the best place for the investment.
Explanation:
Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short period of time, less than a year. Most of the money market instruments such as treasury bills, commercial papers, certificate of deposits etc provide fixed returns so this money market instrument is considered the best for investing money for good profit.
1.perfect competition
2.monopolistic competition
3.oligopoly
4.monopoly
