The net profit of the company in this case is given by the subtraction of the income minus the costs.
We have then:
b (t) = r (t) - c (t)
b (t) = 15 * e ^ (0.19 * t) - 12 * e ^ (- 0.03 * t).
We must determine the number of years.
from january 1st in the year 2000 until january 1st in the year 2007:
t = 2007-2000 = 7.
We have then evaluating t = 7 in the function:
b (7) = 15 * e ^ (0.19 * 7) - 12 * e ^ (- 0.03 * 7).
b (7) = 46.99 millions of dollars
answer:
the net profit was 46.99 millions of dollars
Answer and Explanation:
Movement along the demand curve in the labor market occurs when there is any change in wages of labor. An increase in wage rate will lead to decrease in quantity of labor demanded. As a result, demand curve will move upwards and vice versa.
Reasons other that increase or decrease in price such as demand for the respective product, will lead to shift in demand curve. For example, an increase in the demand for a particular good will increase the demand for labor that will produce the product. An increase in demand for labor in this case will shift the demand curve rightwards and vice versa.
Answer:
Timing Risk
Explanation:
Timing risk is a type of investment risks that a trade will not be performed at the best market price.
Answer:
D. the routine service.
Explanation:
Single cost driver rate: It is a cost assigned to each unit of cost driver activity directly. Cost driver also influence other business activity and effect the total cost incurred.
In the given case, Business offer both routine and specialized service, as we know single cost driver influence driver directly, therefore, cost driver of specialized service will overprice the routine service.