Answer:
$12,250
Explanation:
The profit-maximizing output is at MC = MR
We are given with Marginal Cost we need to find Marginal Revenue
MR = additional revenue for an additional unit
P = 150 – 0.25Q
Q = (150 - P)/0.25 = 600 - 4P
Total Revenue= P x Q = (150 - 0.25Q)Q
TR = 150Q-0.25Q^2
MR = will be the slope of the total revenue function:
dTR/dQ -0.5Q + 150
Now we equalize MR and MC
-0.5Q + 150 = 10 + 0.5Q
Q = 140
P when Q = 140
P = 150 - 0.25 Q = 150 - 0.25(140) = 150 - 35 = 115
Producer surplus:(using marginal cost)
(P(140) - P(0)) x Q140
(80 - 10 ) x 140 = 9,800
Consumer surplus:
(P0 - Pm ) x Qm /2
(150 - 115) x 140 / 2 = 2.450
Total Surplus: 9,800 + 2,450 = 12,250
Answer:
Offer them a specific call to action
Explanation:
Answer:
identify those applicants that are most likely to succeed.
Explanation:
There are several reasons why companies carry out background checks, the most important ones are:
- safety and security purposes: e.g. convicted felons cannot work for certain industries that have direct relation with state and federal government levels, a bank will not hire an individual convicted of fraud, power plants will not hire someone convicted of terrorism, etc.
- evaluate the candidate's potential: by evaluating the candidate's character, fitness and even past mistakes, the company may be able to determine the professional potential of the candidate, e.g. someone who had excellent grades in grades can be considered to be very fit for a job, but if previous employment situation show that they cannot handle pressure or extra work, then their potential is limited.
Answer:
$7,000,000
Explanation:
Accounting for Non-Controlling Interest requires measurement of stock at Fair Value.
Total fair value of firm = Fair value of common stock + Fair value of preferred stock
= $62,000,000 + $8,000,000
= $70,000,000
90% of equity represent the extent of controlling interest in the firm. Thus, remaining 10% will be the value of non-controlling interest.
As already discussed, non controlling interest requires measurement at fair value:
Non-Controlling Interest = Total Fair Value x Percentage of Non-Controlling Interest
= $70,000,000 x 10%
= $7,000,000 (Answer)