Answer:
total fixed cost= 90,000
Explanation:
Giving the following information:
A firm expects to sell 25,000 units of its product at $11 per unit. Pretax income is predicted to be $60,000. The variable costs per unit are $5.
The pretax income is calculated using the following formula:
Pretax income= total contribution margin - total fixed cost
60,000= 25,000*(11 - 5) - total fixed cost
60,000 - 150,000= - total fixed cost
total fixed cost= 90,000
Answer:
True
Explanation:
A price discriminating monopolist will set a higher price where demand is more elastic and a lower price where demand is less elastic.
Its real GDP will be $1280.
According to the data provided here, we have that;
Production of 220 pounds of jelly beans at $5 means = 220 x 5 = $1100
While the 90 pounds of gum drops at $2 = 90 x 2 = $180
As production is an investment (I) so,
real GDP = $1100 + $180 = $1280
Hence, the real GDP of the production of two consumer goods ( Commodities ) is $1280.
When the production after completion goes to the market and after selling they generate revenue and the investment and profit come back which actually calculates the real GDP of an economy.
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The answer to number 2 is B. so that you do not take any trade secrets like recipes from the company if you leave
Answer:
<u>Average total cost for 7000 staplers was= $2.43</u>
Explanation:
Total Cost=Fixed Cost +Variable Cost
Fixed Cost =$45000-$28000
Fixed Cost=$27000
Average total Cost= Fixed Cost/ Quantity
=17000/7000
=$2.43
