Answer:
$550,000
Explanation:
Based on the information given the OPPORTUNITY COST OF RUNNING THE HARDWARE STORE will be $550,000 ($500,000+$50,000), which include the amount of $500,000 which is the cost of renting the store as well as to the cost to buy the stock while the $50,000 is her salary as an Accountant, reason been that she would QUIT HER JOB as an accountant in order for her to run the store.
Therefore the OPPORTUNITY COST will be $550,000
Answer:
1.- CM 13.25
2.- BEP units 2114 (round to the next higher whole number)
3.- BEP dollars $33,811.32 (nearest cent)
Explanation:
![Sales \: Revenue - Variable \: Cost = Contribution \: Margin](https://tex.z-dn.net/?f=Sales%20%5C%3A%20Revenue%20-%20Variable%20%5C%3A%20Cost%20%3D%20Contribution%20%5C%3A%20Margin)
16 - 2.75 = 13.25
![\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}](https://tex.z-dn.net/?f=%5Cfrac%7BFixed%5C%3ACost%7D%7BContribution%20%5C%3AMargin%7D%20%3D%20Break%5C%3A%20Even%5C%3A%20Point_%7Bunits%7D)
28,000/13.25 = 2113.2075
![\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}](https://tex.z-dn.net/?f=%5Cfrac%7BFixed%5C%3ACost%7D%7BContribution%20%5C%3AMargin%20%5C%3ARatio%7D%20%3D%20Break%5C%3A%20Even%5C%3A%20Point_%7Bdollars%7D)
![\frac{Contribution Margin}{Sales Revenue} = $Contribution Margin Ratio](https://tex.z-dn.net/?f=%5Cfrac%7BContribution%20Margin%7D%7BSales%20Revenue%7D%20%3D%20%24Contribution%20Margin%20Ratio)
13.25/16 = 0.828125
28,000/0.828125 = 33811.32
Answer:
underway is the answer I'm thinking
Answer:
From the historical references, we can say that the two leading command economies of the world, China and the Soviet Union both made the transition to the mixed economy.
Explanation:
A command economy refers to the economic system where all significant facets of the economy and economic production are controlled by the Government. In the command economy, it is the government that makes the decision of what to produce, how to produce, and how to distribute the manufactured products and services within the economy. It establishes a very dominant government which restricts the rights of its citizen to seek economic goals. It inevitably creates an environment in which governments will expand their influence over certain aspects of human life. Most command economies, including the Soviet Union, started making the transition to a mixed economy from the 1980s onward. This entailed a privatization process and price deregulation.