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3 years ago

6

Barb's Bakery made $200 last month selling 100 loaves of bread. This month it made $300 selling 60 loaves of bread. What is the

price elasticity of demand for Barb's bread?

1 answer:

Virty [35]3 years ago

5 0

The answer will be 150 dollars

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The marketing manager would like to introduce sales commissions as an incentive for the sales staff. The marketing manager has p

77julia77 [94]

Answer:

<u>The overall effect on the company's monthly net operating income of this change is $40,960</u>

Explanation:

New contribution margin ($154 - $11)=143

New unit monthly sales (9,800 + 320)=10,120

New total contribution margin (10,120 units * 143 per unit)= 1,447,160

Present total contribution margin (9,800 units * 154 per unit)=1,509,200

Changes in total contribution margin=(62,040)

Plus Savings in sales person's salaries= 103,000

Change in net operating income $40,960

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3 years ago

Clonex Labs, Inc., uses the FIFO method in its process costing system. The following data are available for one department for O

suter [353]

Answer:

Materials 187,230‬

Conversion 182,200

Explanation:

FIFO method, from the started units we will add the reamining work onthe beginning WIP invnetory and subtract the undone part of the ending WIP inventory

Materials

Started units 176,000

October 1st 27,000 x (1 - 57%) = 11,610‬

October 31th 20,000 x (1-81%) = (380)

Equivalent Units 187,230‬

Conversion

Started units 176,000

October 1st 27,000 x (1 - 33%) = 18,000

October 31th 20,000 x (1-41%) = (11,800)

Equivalent Units 182,200

5 0

3 years ago

Mark and Rasheed are at the bookstore buying new calculators for the semester. Mark is willing to pay $75 and Rasheed is willing

Romashka [77]

Answer:

Mark's individual consumer surplus is $10.

Explanation:

Mark and Rasheed are at the bookstore buying new calculators for the semester.

Mark is willing to pay $75 and Rasheed is willing to pay $100 for a graphing calculator.

The price for a calculator at the bookstore is $65.

The consumer surplus is the difference between the maximum price that a consumer is willing to pay and the price he actually has to pay.

Mark's individual consumer surplus

= Price mark was willing to pay - Price he actually has to pay

= $75 - $65

= $10

4 0

3 years ago

The shift of jobs toward the service sector can be best explained by

sweet [91]

Innovations that increase gains in productivity but reduce the need for workers

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3 years ago

If I make a lot of claims on my insurance, my insurance cost will probably go up.

tangare [24]

Answer:

true

Explanation:

because there will be so many claims that each time you make a claim it costs more.

6 0

4 years ago