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Answer:
Degree of operating leverage = 7.8
Explanation:
given data
sales = 2,080 units
per unit price = $50
Variable expenses = 25%
total fixed expenses = $68,000
solution
we get here Degree of operating leverage that is express as
Degree of operating leverage = Sales - variable cost ÷ (sales - variable cost - fixed cost) .......................1
here
Sales = 2080 × 50 = 104000
and
Variable cost = 104000 × 25% = 26000
so now put value in equation 1 we get
Degree of operating leverage =
Degree of operating leverage = 7.8
The complete question with diagram is attached
Answer:
($3.00, 420 lbs) and ($2.10, 510 lbs)
Explanation:
A shift in demand occurs when the quantity of a product consumers wants changes at all price levels.
A shift to the right indicates an increase in quantity demanded at all prices, while a shift to the left indicates a reduction in quantity demanded at all prices.
In the given scenario there is a shift in demand to the right with increase in 20 lbs of onions.
So at every price level there will be an increase in quantity demanded by 20 lbs.
According to the diagram at price $3 quantity initially demanded was 400 lbs. With the demand shift it will now be 400 + 20 = 420 lbs.
At price $2.10 demand was initially 490 lbs now it will be 490 + 20 = 510 lbs
The probability that a randomly selected student is female and an undergraduate = 37%
The probability of being female or an undergraduate= 1.05
<h3>The male students</h3>The male population = 55%
Therefore female population would be 1 - 0.55 = 45%
<u>Undergraduates</u> = 60%
The male undergraduate = 38%
Therefore female undergraduates = 60%-38%
= 22%
a. The probability that a randomly selected student is an undergraduate and female
=
= 37%
B. The probability that the student is female or undergraduate
P(A or B)
= Probability of female = 45/100
Probability of undergraduate = 60/100
= 0.45 + 0.60
= 1.05
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