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3 years ago

8

The owner of ProPhone has charted the company's marginal revenue and marginal cost for its latest line of smartphones, the Blaze

r. Use the chart to calculate the company's profit. How many phones will ProPhone need to sell to maximize profit?

1 answer:

Marta_Voda [28]3 years ago

7 0

What chart I don’t see it

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A regional airline owns 10 aircraft and employs 20 pilots. The airline makes an average of three trips per day with each of its

marishachu [46]

Answer:

a short-run decision because the number of aircraft is held constant while the labor input is changed.

Explanation:

In the short run, at least one variable or factor of production is fixed and cannot be changed. In the long run, all factors of production can be changed.

In this case, the number of aircraft is the fixed factor of production (capital) while labor is variable because more pilots can be hired. Regulation state that pilots must rest a certain amount of time in between flights, so if you want to increase the amount of flights you need to hire more pilots and cabin crews since regulations do not require planes to rest.

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Caitlin's employer has agreed to pay for Caitlin to receive her cosmetology license. This benefit is known as.

Bumek [7]

This benefit is know as Educational Benefit

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3 years ago

Read 2 more answers

The Talbot Company uses electrical assemblies to produce an array of small appliances. One of the assemblies, the XOminus01, h

Molodets [167]

Answer:

$1,975 per year

Explanation:

The first step is to calculate Economic order quantity using the following formula:

Economic Order Quantity = √2DO / H

Here

A is Annual Demand which is 12,000 Units.

O is Ordering Cost per order $650 per order.

H is Holding or Carrying Cost per unit per year is $30 per unit per year.

By putting values, we have:

Economic Order Quantity = √(2 * 12,000 * $650) / 30 = 131.66 units

Now annual inventory holding costs can be calculated using the following formula:

Inventory Holding Cost = Average Inventory * Holding Cost

Here,

Average Inventory = EOQ /2 = 131.66 / 2 = 66 units

By putting values we have:

Annual Inventory Holding Cost = 66 * 20 = $1,975 per year

5 0

3 years ago

Kacy Spade, owner, invested $10,500 cash in the company in exchange for common stock. The company purchased office supplies for

Naya [18.7K]

Answer:

The trial balance of Kacy Spade showed total of $12,726 on both debit and credit as found in the attached spreadsheet

Explanation:

In preparing the trial balance, I showed the earlier postings into ledgers for those accounts that had more one transaction and I showed those ones with just a transaction in the trial balance colored-coded in yellow.

Trial balance tests the arithmetical accuracy of postings done in the ledgers by summarizing the ledgers' balances in the trial balance.

8 0

4 years ago

Assume that the CAPM holds. One stock has an expected return of 8% and a beta of 0.5. Another stock has an expected return of 13

Zolol [24]

Answer:

10.5%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For one stock

8% = Risk-free rate of return + 0.5 × (Market rate of return - Risk-free rate of return)

8% = Risk-free rate of return + 0.5 × Market rate of return - 0.5 × Risk-free rate of return

8% = 0.5 × Risk-free rate of return + 0.5 × Market rate of return

8% ÷ 0.5 = Risk-free rate of return + Market rate of return

So, Risk-free rate of return + Market rate of return = 16

Risk-free rate of return = 16 - Market rate of return - 1

For another stock

13% = Risk-free rate of return + 1.5 × (Market rate of return - Risk-free rate of return)

13% = Risk-free rate of return + 1.5 × Market rate of return - 1.5 × Risk-free rate of return

13% = - 0.5 × Risk-free rate of return + 1.5 × Market rate of return - 2

Now put these equations together

13% = - 0.5 × (16 - Market rate of return) + 1.5 × Market rate of return

13% = - 8 + 0.5 × Market rate of return + 1.5 × Market rate of return

So, Market rate of return would be

= 21 ÷ 2

= 10.5%

4 0

3 years ago