Answer:
a. an express warranty.
Explanation:
An express warranty -
It is the insurity given by the seller in order to give the replacement or repairs for any of the faulty product or services , within a particular time frame after purchasing the product , is known as an express warranty .
It helps to make sure about the product the buyer have purchased and for any repairs in the future .
Hence , from the question , the example shown is about an express warranty .
Answer:
The correct answer is option A) Total surplus is represented by the area between the demand and supply curves up to the point of equilibrium.
Explanation:
Total surplus consists of consumer ans producer surplus.
whereas consumer surplus is the area above the market price and below the demand curve, while producer surplus is the area below the market price but above the supply curve.
Total surplus is the total area for the consumer surplus plus the total area for the producer surplus represented by the area between the demand and supply curves up to the point of equilibrium.
Answer:
400 bottles should be ordered at a time
25 orders should the warehouse place in a year to minimize inventory cost
Explanation:
With regards to the above , we will calculate the economic order quantity
Given that;
Annual demand = 10,000
Cost per order = $96
Holding cost per unit = $12
EOQ = √ 2 × Annual demand × Cost per order / Holding cost per unit
EOQ = √ 2 × 10,000 × $96 / $12
EOQ = 400 bottles
Number of order = Total demand / Economic order quantity
= 10,000 / 400
= 25 orders.
Therefore,
400 bottles should be ordered at a time
25 orders should the warehouse place in a year to minimize inventory cost
Answer:
Stock A at an amount of $1075000 at beta of 1.2
Stock B at an amount of $675000 at Beta of 0.5
Stock C at an amount of $750000 at beta of 1.4
Stock D at an amount of $500000 at beta of 0.75
Answer: $5,000
Explanation:
The Contribution Margin (CM) given it $80,000 for Store B.
The Contribution margin ratio is;
= CM / Sales
= 80,000 / 200,000
= 40%
Given an increase of $30,000 in sales, increase in CM is;
= 30,000 * 40%
= $12,000
Traceable fixed costs for that increase was $7,000 so the segment margin will be;
= CM - Traceable fixed cost
= 12,000 - 7,000
= $5,000