Answer:
Cost per unit= $2,500.70
Explanation:
Cost per unit of an item is the fixed cost of producing the item plus the variable cost.
That is:
Total cost = fixed cost + variable cost
In this instance the fixed cost (cost of the application) is given as $250,000
The variable cost (cost of delivery) is $0.7
For 100 units variable cost will be $0.7* 100= $70
Total cost= 250,000+ 70
Total cost= 250,070
Cost per unit = Total cost/ Number of units
Cost per unit= 250,070/100
Cost per unit= $2,500.70
An if then else structure.
Hope it helps!
Answer: $3360
Explanation:
Based on the information given in the question, the amount of cash paid by SH to Oakley will be calculated as thus:
SH will be entitled to a discount of 4% since the payment was made within the discount period, therefore, the discount that is applicable will be:
= $4500 - $1000
= $3,500
Therefore, the amount of cash payment that is made by SH to Oakley will be:
= $3,500 - (4% × $3,500)
= $3500 - (0.04 × $3500)
= $3500 - $140
= $3360
Therefore, the amount of cash paid by SH to Oakley is $3360.
Answer:
The graph has been attached.
Explanation:
a. Please see attached graph with the shaded budget set labelled A
b. Please see attached. Curve C; D and E are the indifference curves. The most suitable one would be D since it is on the budget curve. E is not maximum utility and C is unattainable given his budget of $20.
c. U (X,Y) = X + 2Y
At C, Utility = 10 + 2(10) = $30. That is above his budget
At D, Utility = 10 + 2(5) = $20. This is within his budget. – most utility.
At E, Utility = 5 + 2(5) = $15. This is below his budget.
The Indifference curve that gives most utility is D, where cheese is 10 and cocoa is 5 units.
