Answer:
C(T) = $730 + $25T
R(T) = $35T
T = 193 transactions
Explanation:
Given that:
C = cost ; R = revenue ; T = number of transactions
Amount paid per transaction = $25
Cost keeping office open = $730
Amount collected on each transaction = $35
(a) Find a formula that gives C as a function of T.
C(T) = Cost of keeping office open + (cost per transaction × number of transactions)
C(T) = $730 + $25T
(b) Find a formula that gives R as a function of T.
R(T) = (Amount collected per transaction * number of transactions)
R(T) = $35T
(c) Find the number of daily transactions that are needed to make the revenue $1200 more than the cost.
R = C + 1200
Substitute the value of R and C into the equation:
35T = 730 + 25T + 1200
35T - 25T = 730 + 1200
10T = 1930
T = 1930 / 10
T = 193 transactions
Answer:
d. All of the above
Explanation:
Government regulations are the rules that players in an industry must abide by. In a free-market economy like the US, the government's main role is to regulate economic activities. The government enforces regulation through its various agencies.
The areas of regulations include but are not limited to
- Protecting consumers from undue exploitation by businesses,
- Encourage fair business competition
- Promote a healthy, safe work environment for employees
- Promote and sustain a clean environment
- Private data protection and security
Popson Inc. incurred a material loss that was unusual in character. This loss should be reported as: a line item within income from continuing operations.
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Explanation:</u></h3>
Any income or loss that was incurred during the continuous operations of any segment of business or in the continuous operations of any segment of business will be either represented as after tax gain or loss on selling the business segment and the after tax effect of the operations of the discontinued business segment.
The areas such as expenses, revenues, loss and gain and those excluding the operation discontinued and extra ordinary items will included as the income from continuing operations.In the example given, the company has material loss during its operations and hen it should be reported as a line item within income from continuing operations.
<span>this speaker has learned the value of using personal pronouns. Pronouns in English include I, You, he, she, it, we, they, me, him, her, us, and them. This often points out the contrast in people as in their gender, number or case.</span>
Answer:
Basically, the museum might price this way because of the low number of people that go to the place that specific day and<u> in order to stimulate the demand from visitors</u>.
Explanation:
To begin with, the reason why organizations price this way, in where they offer one day total free admission is due to the fact that commonly that day selected does not count with much visitors in comparison with the other days of the week supported by statitics of the place and therefore the museum, in this case, wants to increase the amount of people that enter the building, basically.
Secondly, once that the main reason of why the museum might price this way is said, the reason why the are likely to choose a day like Thursday rather than Saturday is due to the fact that Saturdays tend to be the day where those kind of places are full of people because most of the people do not work on weekends and therefore the organization do not need to encourage the entrance of visitors, they will go anyways without any stimulation.
