Answer:
$19
Explanation:
Marginal revenue is the change in revenue when production increases by one unit
Marginal revenue = change in total revenue / change in quantity produced
total revenue 1 = $30 x 10 = $300
Total revenue 2 = $29 x 11 = $319
change in total revenue = $319 - $3000 = $19
Change in quantity produced = 11 - 10 = 1
Marginal revenue = $19 / 1 = 19
Answer:
$5.74
Explanation:
Q* = 2DS / H[1-(d/p)]
Q² = 2DS / H[1-(d/p)]
S = (Q²)(H)[1 - (d/p) / 2D
Setup cost S = (200^2)*(10)*(1 - (100/800)) / 2*30,500
Setup cost S = 40000*10*0.875 / 61000
Setup cost S = 350000 / 61000
Setup cost S = 5.737704918032787
Setup cost S = $5.74
Your answer is true that is what a segmented market is
Answer:
He will sell 600 pizzas per week if he cuts the price by 10%.
Explanation:
Price Elasticity of demand measure the responsiveness of demand to change in the price of a product. It calculates the ratio of change in demand and change in price.
Price elasticity of demand = % change in demand / % change in price
-2 = % change in demand / 10%
% Change in in demand = -2 x 10%
% Change in in demand = -20%
Following the law of demand as price decreases the demand of the product increases. So the sale of Pizzas will be increased by 20%.
Current Sale of Pizzas = 500 pizzas
Increase in sales = 500 x 20% = 100 pizzas
Increased sale = 500 + 100 = 600 pizzas
Answer:
The correct option is (b)
Explanation:
Managerial accounting is for internal purpose for the managers for decision making. It is not mandatory as per GAAP, unlike financial accounting. Transactions are recorded as per the understanding of managers and not as per specific standards,
Managerial accounting focuses on data being relevant and not necessarily objective. Since, it caters to internal users, it is customized as per their requirement. Financial accounting, on the other hand needs to be highly objective as it caters to a wider audience who need transparent and reliable financial information.
Therefore, managerial accounting focuses on data relevance over data objectivity.