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ludmilkaskok [199]
3 years ago
5

Amy borrowed​ $20,000 from her parents to open a bagel shop. She pays her parents a​ 5% yearly return on the money they lent her

. Her other yearly fixed costs equal​ $9,000. Her variable costs equal​ $30,000. In her first​ year, Amy sold​ 40,000 dozen at a price of​ $1.50 per dozen. ​Amy's total fixed costs equal _________.A) $1,000.
B) $9,000.
C) $10,000.
D) $21,000.
Business
1 answer:
Lilit [14]3 years ago
5 0

Answer:

<h2>Amy's total fixed cost in this case is $10,000.</h2>

Explanation:

Amy's variable cost is given as $30,000 and a part if her annual fixed cost is $9000.She is supposed to pay 5% of the yearly return on $20000 that she borrowed from her parents.

Hence,Amy's yearly return on the money borrowed from her parents=(20000\times 0.05)=1000 dollars

Amy has to pay a fixed amount of $1000 to her parents every year.

Therefore,Amy's total fixed cost at the end of the year=(9000+1000)=10000dollars or $10,000.

Therefore,Amy's total yearly fixed cost is $10,000.

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The Supply/Demand equilibrium price is __________ with an equilibrium quantity of _________. PRICE Column 1 Quantity Column 2 Qu
ArbitrLikvidat [17]

Answer:

a) price of $7 and quantity of 50 units

Explanation:

According to what I'm understanding of the table you got the following:

\left[\begin{array}{ccc}Price&Supply&Demand\\5&11&36\\6&36&68\\7&50&50\\7&73&37\\...&....&...\end{array}\right]

The equilibrium will be when both forces meet in this case, it is clear that it is happening at a price equal to $7 which generates a supply of 50 units and a demand for 50 units. Both have the same value so it is equilibrium

3 0
3 years ago
Looking at the relationship between elasticity and total revenue, we can say that
pishuonlain [190]

Looking at the relationship between elasticity and total revenue, we can say that the option that is right to chose is

<em>e. None of the above</em>

Explanation:

Relationship between elasticity of the product revenue and the good price is so that there are a lot of variables to determine its effect on the total revenue of that said product.

This can be the demand supply change as well as the demand cost and the production cost of the production that must be taken into account before we begin to find a relation between their elasticity.

This makes them more vulnerable to change and thus leaves little chance to determine a relation,

8 0
3 years ago
A retail property valued at $710,000 earns $4,650 per month. What is the annual percent of return?
Paul [167]

Answer:

7.9%

Explanation:

The rate of return is the ratio of return to the amount invested.

Since the property earns $4,650 per month,

Therefore;

$4,650 × 12 = $55,800

To get the annual rate of return,

= Monthly returns on property/Value of profit×100%

= $55,800/$710,000

=7.9%

4 0
3 years ago
The mass exodus of more affluent caucasians from urban to suburban areas is sometimes referred to as
Andreyy89
Answer:  "white flight" .
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3 0
3 years ago
Special Forces is a unique division of the U.S. military. These highly trained individuals work in teams and often plan their ow
Mama L [17]

Answer:

The correct answer is:  controlling.

Explanation:

The controlling function in management helps to measure progress towards the organizational goals and brings with it any variations to indicate corrective action. It is a useful tool that allows organizations to verify if everything is happening according to the initial plan adopted.

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3 years ago
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