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3 years ago

On a per unit basis, economic profit can be determined as the difference between:

1 answer:

6 0

<span>The product price and the average total cost determines the profit. If a company is charging a higher price than the per-unit cost, then they are earning a profit on that item. If they increase the price with everything else remaining constant, their profit increases. The opposite happens when they lower the price, all else held constant.</span>

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If at a price of $24, Octavia sells 36 home-grown orchids and at $30 she sells 24 home-grown orchids. What is the change in quan

Ad libitum [116K]

Answer:

Explanation:

At the price of $24, the demand is 36

At the price of $30, the demand is 24

change in quantity demanded

= 36-24

= 12

3 0

3 years ago

You need a 30-year, fixed-rate mortgage to buy a new home for $250,000. Your mortgage bank will lend you the money at an APR of

cricket20 [7]

Answer: $463,067.50

Explanation:

Calculation of single bill payment i.e. Future value

$Future\ value=Present\ value\times(1+r)^{n}-Payment\times\frac{(1+r)^{n}-1 }{r}$

$Future\ value=250,000\times(1+\frac{5.45}{1200} )^{360}-900\times\frac{(1+\frac{5.45}{1200} )^{360}-1 }{\frac{5.45}{1,200} }$

= $250,000 × 5.110505847 - $900 × 905.06551

= $1,277,626.46 - $814,558.96

= $463,067.50

Therefore, the single balloon payment will be $463,067.50

8 0

3 years ago

PLEASE HELP!!!

Marta_Voda [28]

Answer:

Expenses

Explanation:

4 0

2 years ago

In order to go to college, Hank goes from working full-time making $28,000 per year to working part-time at half the salary for

alina1380 [7]

Answer: C

Explanation: Took the test

6 0

2 years ago

A manager doing performance appraisals gives more weight to recent employee behaviors than to behaviors of 6 or 9 months earlier

stiv31 [10]

Answer:

The correct answer is letter "B": availability.

Explanation:

Availability bias or availability heuristic refers to individuals tending to relate the easiest judgment they can recall about a certain matter as its most suitable metric and even a metric that could predict future behavior on that topic. This happens because those people make assumptions based on what they can remember of that matter which might not be necessarily the most accurate input about it.

Therefore,<em> if a manager is measuring performance only placing focus on employees' recent and not past behavior, the manager is implementing availability bias.</em>

7 0

2 years ago