Answer:
$0.10 and $0.02. is correct answer
Explanation:
Given:
Elasticity = - 5
Demand = -1.25
Computation:
-e = p / [p-mc]
5 = p / [p-0.02]
5p - 0.1 = p
p = 0.025
for new senior citizen;
1.25 = p / [p-0.02]
p = 0.1
So,
$0.10 and $0.02. is correct answer
Answer:
quick ratio = 0.61
Explanation:
given data
cash = $8,800
accounts receivable = $15,800
fixed assets = $87,600
accounts payable = $40,300
inventory = $46,900
solution
we get here quick ratio that is express as
quick ratio = (Cash + Accounts receivable) ÷ (Accounts Payable) .................1
put here value and we get
quick ratio =
quick ratio = 0.61
so correct option is c. 61
Answer:
$82,400
Explanation:
Cost of goods sold = beginning merchandise inventory + purchases - ending merchandise inventory.
$69,200 = $15,600 + purchases - $28,800
Purchases = $82,400
Answer:
Total cost of goods sold per unit is $35,000
Explanation:
Given Data:
cost for decorative pillow =$75.00 per unit
Total sold unit = 1750
Per unit manufacturing cost
we know that Variable Costing includes only manufacturing cost
Therefore, the total cost of goods as per variable costing can be computed as follow

The total cost of goods sold per unit is $35,000
Answer:
Stimulus generalization
Explanation:
Stimulus generalization defines that it is the process of call up for a reason by giving responses. For example we call dog by using the bell so that dog can come for food.
Therefore according to the given situation, Many store brands use similar packaging and labeling to the more expensive big company. The idea is that in customers, the look-alike kit would evoke a similar reaction that allows them to buy the affordable store brand so this is an example of Stimulus generalization