Answer:
a. Breakeven point in number of rented rooms:
= Fixed costs / Contribution margin
Fixed cost = Salaries per month + Utilities + Depreciation + Maintenance
= 7,000 + 1,000 + 1,100 + 1,508
= $10,608
Contribution margin:
= Rent price - Maid service - Other costs
= 65 - 13 - 26
= $26
Breakeven point in rented rooms:
= 10,608 / 26
= 408 rooms
b. Breakeven point in dollars:
= Fixed costs / Contribution margin ratio
= 10,608 / (26 / 65)
= 10,608 / 40%
= $26,520
A) the marginal propensity to save is the number associated with y which is 0.8
B) the marginal propensity to save is 1-0.8 = 0.2
C) replace y with the 400 and solve: c = 40 + 0.8(400) = $360
D) Average propensity to consume = 360/400 = 0.9
E) 400-360 = $40
F) 40/400 = 0.1
The telecommunications technology that Victor's company can use is a wiki.
<h3>What is telecommunication?</h3>
It should be noted that telecommunication simply means the communication over distance by cable, telegraph, or telephone.
In this case, the telecommunications technology that Victor's company can use is a wiki. This important for the communication.
Learn more about telecommunication on:
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