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cupoosta [38]
2 years ago
14

In response to the u.s. income distribution trend toward ________, levi-strauss introduced premium levi's capital e line to upsc

ale retailers and the economy levi strauss signature line to mass-market retailers.
Business
1 answer:
shtirl [24]2 years ago
8 0
In response to the US income distribution trend towards LOW AND HIGH INCOME, Levi Strauss introduced ........................
Levi Strauss introduce two different products, one for the high income class and the other for the low income class, thus ensuring that he serves the people in both groups. 


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Until recently, hamburgers at the city sports arena cost $ 2.50 each. The food concessionaire sold an average of 1750 hamburgers
Artyom0805 [142]

Answer:

  (A) p = -0.002x +6; 0 ≤ x ≤ 3000

  (B) R(x) = x(6 -0.002x); 0 ≤ x ≤ 3000

  (C) C(x) = 1.44x +1903

  (D) (550, 2695), (1730, 4394.20)

  (E) P(x) = -0.002x^2 +4.56x -1903

  (F) increasing at $2.16 per hamburger

Explanation:

(A) The two-point form of the equation for a line can be used.

  y = (y2 -y1)/(x2 -x1)(x -x1) +y1

The two points we have are ...

  (x, p) = {(1750, 2.50), (1450, 3.10)}

so the equation is ...

  p = (3.10 -2.50)/(1450 -1750)/(x -1750) +2.50

  p = 0.6/-300(x -1750) +2.50

  p = -0.002x +6

The domain of this function is where x and p are greater than 0. That will be for ...

  0 ≤ x ≤ 3000

__

(B) Revenue is the product of burgers sold (x) and their price (p).

  R(x) = xp

  R(x) = x(6 -0.002x)

The domain of R(x) is 0 ≤ x ≤ 3000. This is the same as the domain of p(x).

___

(C) The cost function is the sum of fixed costs and variable costs:

  C(x) = 1.44x +1903

__

(D) See the attachment for a graph of cost and revenue. The break-even points are (x, revenue) = (550, 2695), (1730, 4394.20).

__

(E) Profit is the difference between revenue and cost.

  P(x) = R(x) - C(x) = x(6 -0.002x) -(1.44x +1903)

  P(x) = -0.002x^2 +4.56x -1903

__

(F) The marginal profit is the derivative of the profit function:

  P'(x) = -0.004x +4.56

  P'(600) = -0.004(600) +4.56 = -2.40 +4.56 = 2.16

At a production level of 600, the profit is increasing at a rate of $2.16 per hamburger.

6 0
2 years ago
Which of the following is capable of increasing real GDP in the long run?
Alja [10]

Answer: Option (c) is correct.

Explanation:

Correct Option - An increase in the state of technology.

The aggregate supply curve in the long run is a vertical line and parallel to the y-axis. |t is perfectly inelastic in the long run.

Now, if there is increase in the money supply in the economy then this will increase the aggregate demand in the short run. Hence, aggregate demand curve shift rightwards, as a result real GDP increases in the short run and move beyond the potential level of real GDP.

Also, there is a creation of inflationary gap in the economy, as a result real GDP shifts back to its initial position at potential real GDP. So, there is no increase real GDP in the long run.

Similarly, decrease in interest rates and an increase in government spending will also results in inflationary gap in the economy. Therefore, doesn't affect the real GDP in the long run.

But an increase in the state of technology is capable of increasing real GDP in the long run. Improvement in the state of technology will shift the long run aggregate supply curve rightwards, as result there is an increase in potential GDP in the long run.

4 0
3 years ago
Intellectual property falls into a category of property known as​ _____ rights, which are not tangible physical objects
Nataliya [291]
Intellectual property falls into a category of property known as intangible rights, which are not tangible physical object. 
Due to being intangible they can transfer information to another business or person but it has no physical being. Software design, brands, trademarks, domain names are some examples of intangible and intellectual property. 
4 0
3 years ago
William Corporation has a contract with the labor union which guarantees its workers pay for at least 40,000 hours every quarter
geniusboy [140]

Answer:please refer to the explanation section

Explanation:

direct labor hours = 39000 hours

Finished Goods = 13000 units

direct labour hours per unit = 3 hours

Direct Labor cost per hour = $12

Direct Labor Cost = 13000 units x 3 hours x $12 = $ 468000.

William corporation will pay $480000 (40000 x $12) as per the contract agreement with labour union but Direct Labor cost to be capitalized on Cost of Finished Goods is $ 468000. The cost of $ 12000 should be treated as an expense

3 0
3 years ago
"John is a registered representative who has discretionary options accounts for 25 of his largest customers. John likes the news
kotegsom [21]

Answer: This is a violation of position limits

Explanation:

When checking to see if there has been a violation of control limits, all the accounts managed by a single entity or all accounts under <em>common control</em> will be added up instead of being evaluated on an individual basis.

John manages 25 accounts out of which he bought calls for 10. He bought 30,000 for each of the 10 which would mean that he bought 300,000 call contracts.

This exceeds the 250,000 contract limit so is a violation of position limits.

7 0
3 years ago
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