Answer:
B
Explanation:
In this question, we are asked to pick from the options what should serve as the point of action of the firm given the scenario painted in the question;
We proceed as follows;
ATC= 30 $
Marginal revenue(MR)= 40 $
Price(P) =50 $
For efficiency,MC=minimum ATC=30 $
MR =40 > MC=30
For profit maximization, MR =MC
So, firm should raise output ,so that MR falls and becomes equal to MC
So correct option is B.
Answer:
6. a)
total fixed costs = $600,000
product mix:
1 Diablo: 2 Call of Duty: 3 Sekiro: 4 Starcraft II
Contribution margin per unit:
- Diablo = $55 - $22 = $33
- Call of Duty = $48 - 17 = $31
- Sekiro = $33 - $12 = $21
- Starcraft = $22 - $11 = $11
Contribution margin per product mix = $33 + (2 x $31)) + (3 x $21) + (4 x $11) = $172
break even number (in product mix) = $600,000 / $172 = 3,488.37 ≈ 3,489 product mixes
6.b)
- Diablo = 3,489 games
- Call of Duty = 3,489 x 2 = 6,978 games
- Sekiro = 3,489 x 3 = 10,467 games
- Starcraft = 3,489 x 4 = 13,956 games
Answer:
Pay
Explanation:
Auto liability insurance helps offset the costs of bodily injuries and property damages to the other driver. The principle applies if you are the one at fault in the of an accident.
Auto liability insurance coverage is mandatory by law. It covers the medical expenses of the other party. In some circumstances, it may cover lost wages and legal fees in case the other party files a lawsuit. It also covers the repair or replacement cost of the other drivers' car.
Answer:
The answer is A. corporate social responsibility
Explanation:
Corporate Social Responsibility is a commitment by a business to behave ethically and contribute to economic development while improving the quality of life of its workforce and society as a whole.
