Answer:
The answer is 629,000.
Explanation:
- For each unit of M sold, the price is 7 and the cost is 3, so the contribution margin is 4;
- For each unit of N sold, the price is 4 and the cost is 2, so the contribution margin is 2;
- For each unit of O sold, the price is 6 and the cost is 3, so the contribution margin is 3;
- With the mix, 1 unit of sale contributes (contribution per mix) 3*M+1*N+2*O = 3*4+1*2+2*3 = 20
For covering the 340,000 of fixed costs, you have to sale 340,000/20 units. That's equal to 17,000 units.
Each unit of sales is equal to (price per mix) 7*M+4*N+6*O = 7*3+4*1+6*2 = 37. So, with 17,000 units, the total sales will be 17,000 * 37 = 629,000.
Answer:
The correct answer is option C.
Explanation:
A monopolistic competitive firm has a downward sloping demand curve. Such a firm is a price maker. It decides price and output through the interaction of the marginal revenue and marginal cost.
The marginal revenue is the change in revenue because of selling an additional output. At high prices, the marginal revenue will be positive while at low prices it will be negative.
Answer:
Debtor: Joanna and her husband; Creditor: Resturant
Explanation:
Hope this helps
Answer:
B. There will be a decrease in supply.
Explanation:
The switch would cause the amount of cow rearers to fall. The amount of cow available would fall and there would be a decrease in the supply of beef.
I hope my answer helps you
A certain bank assigns one unique number to each savings account. The amount of savings in each account depends on how much the owner deposits into the <span>account. The interest paid on each account depends on how much money is in the account. The relation that is not a function is that "</span><span>interest paid, amount in savings account."</span>
