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3 years ago

Calculating the price elasticity of supply.

Business

1 answer:

alekssr [168]3 years ago

5 0

Answer:

Explanation:

W1= 30 W2 =50

Q1 = 6 Q2 = 16

Elasticity of supply = (16-6) / (50-30) * (50+30) / (6+16)

= (10/20) * (80/22) =80/44= 1.82

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ampara Corporation manufactures two styles of lamps long dash Bedford Lamp and Lowell Lamp. The following per unit data are ava

zhenek [66]

Answer:

The $ 4 per machine hour is the contribution margin per machine hour for the Lowell Lamp.

Explanation:

Since in the question two lamps : Bed-ford lamp and Lowell lamp information is given .

Based on the information mentioned in the question, First we have to calculate the contribution margin per unit. Than we are able to calculate contribution margin per hour.

The computation for Lowell Lamp is given below

The contribution margin per unit = Sales per unit - variable cost per unit

= $38 - $22

= $16 per unit

Since, contribution margin per unit is $16 per unit. So, now we calculate contribution margin per machine hour which is equals to

Contribution margin ÷ machine hours for Lowell lamp

$16 per unit ÷ 4

= $ 4 per machine hour

Thus, the $ 4 per machine hour is the contribution margin per machine hour for the Lowell Lamp.

8 0

3 years ago

TRUE or FALSE. A treasury bill must be 13 weeks.

belka [17]

Its true it is supposed to be in 13 weeks

5 0

3 years ago

Read 2 more answers

Caroline is an artist. She purchases canvas, paints, brushes, and accessories for $75. She sells orn of her original paintings t

liberstina [14]

Answer:

Value added to the gallery will be $3000

So option (C) will be correct answer

Explanation:

We have given that Caroline sells her original painting for $1500 to an art gallery.

And after that her painting was sold to an art lover at cost of $4500

We have to find the value added to the gallery

Value added to the gallery will be equal to difference of price sold to the art lover and cost at which painting is sold to art gallery

So value added to gallery = $4500 - $1500 = $3000

So option (C) will be correct answer

4 0

3 years ago

You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th

Ronch [10]

Answer:

you should accept the payments because they are worth $56,451.91 today

Explanation:

We have to determinate the present value of the proposed annuity of $641 per month over a ten year spawn

Then, the value of the annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 641.00

time 120 (12 months x 10 years)

rate 0.005416667

$641 \times \frac{1-(1+0.00541666666666667)^{-120} }{0.00541666666666667} = PV\\$

PV $56,451.9083

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3 years ago

Travis, a licensed salesperson, was awarded a judgment of $10,000, but the broker won't pay. for what amount may travis apply to

Alex

Travis may apply for $0 as in the US, consumers who have won a court judgment against a licensee are given reimbursement.

A licensed real estate broker, salesperson, or closing agent's dishonest, fraudulent, or dishonest conduct, or the conversion of trust money, are grounds for compensation under the Real Estate Education, Research, and Recovery Fund.

Every commercial sales transaction must comply with the agency disclosure obligation. A licensee's disclosure of the party(ies) he acts on behalf of in the transaction shall be confirmed in writing.

By the law, Payments from the Real Estate Inspection Recovery Fund are limited to a maximum of $30,000 per license holder and a maximum of $12,500 per transaction.

Learn more about Real Estate Recovery Fund at brainly.com/question/14102448

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6 0

2 years ago