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Lisa [10]
3 years ago
9

Brooklyn sells a single product to wholesalers. The company's budget for the upcoming year revealed anticipated unit sales of 33

,200, a selling price of $26, variable cost per unit of $11, and total fixed costs of $364,000. If Brooklyn's unit sales are 300 units less than anticipated, its breakeven point will:
A. increase by $15 per unit sold.
B. decrease by $15 per unit sold.
C. increase by $11 per unit sold.
D. decrease by $11 per unit sold.
E. not change.
Business
1 answer:
ELEN [110]3 years ago
8 0

Answer:

E. not change.

Explanation:

The break even point is a point at which the company produces a quantity at which it does not earn any profit or face any losses, so it is a point where the revenues are equal to cost. The break even quantity depends on the fixed cost, variable cost and price of the product and not on the quantity sold. So when the Brooklyn Unit sales are 300 units less than expected it wont change the break even point because the break even point has no relation to it.

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guapka [62]

Answer: C. does not​ hold, since the product sold is required for​ survival, so increasing the price did not affect consumption

Explanation:

The law of demand simply stated that when the price of a particular good increases, people will buy less of that product and when there is reduction in the price of the good, consumers will buy more of that particular product.

In the scenario in the question, the law of demand doesn't hold because despite the rise in price, the quantity demanded doesn't change.

Therefore, the correct option is C.

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2 years ago
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8 0
3 years ago
The overall variability of a firm's returns depends on the expected return of each individual project, percentage of funds inves
attashe74 [19]

Answer:

True

Explanation:

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7 0
2 years ago
You own a golf course in Florida and you need to determine how many golf carts you need to buy to maximize profits. Please answe
Elan Coil [88]

Answer:

a) 260 rounds of golf

b) 74

c) attached below

d) 70 golf carts

Explanation:

<u>a) Calculate the user cost of capital and what is it expressed in</u>

user cost of capital = total depreciation + total interest

= ( rate of depreciation * Golf cart cost ) + ( real interest rate * Golf cart cost )

= ( d + r ) Golf cart cost

= ( 0.05 + 0.08 ) 2000 = 260 rounds of golf

<u>b) determine the number of carts that should be bought to maximize profits</u>

Profits are maximized when User Cost of capital = MPKF

(d +r) Golf cart cost = MP Kf = 1000 – 10K

( 0.05 + 0.08 ) 2000 = 1000 – 10K

260 = 1000 – 10K     ∴ K = ( 1000 - 260 ) / 10 = 74

c) attached below is the required graph

<u>d) Determine what happens to the profit maximizing number of golf carts</u>

User cost of capital ( 1 - t ) = MPK^f

∴ User cost of capital ( 1 - t ) = 1000 – 10K

260 ( 1 - 0.15 ) = 1000 – 10K

305.88 = 1000 – 10K

K=69.41

that is approximately 70 golf carts is been bought to maximize profit

8 0
2 years ago
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Roman55 [17]

Answer:

c. A low late payment fee

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For people who do not pay their bills on time they can use credit cards that do not charge for late fee or those whose late payment fee charge is very low.

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