Answer:
See the explanation below
Explanation:
Significance of price elasticity of producers:
- useful in pricing decisions
- when demand is elastic, firms have to reduce their price to earn more revenue
- when demand is inelastic firms need to raise prices to earn more revenue
Answer:
$.75 million
Explanation:
Calculation for what is the cost of the merger
Cost of merger= $350,000 ×$45 - ($15 million)
Cost of merger= $15.75 - $15 million
Cost of merger= $.75 million
Therefore the cost of the merger will be $.75 million
Answer:
The amount of set-up cost allocated to each product:
Plus = <u>$2,250 x 19 set-ups</u>
380 units
= $112.50 per unit
Max = <u>$2,250 x 37 set-ups</u>
18,500 units
= $4.50 per unit
The correct answer is D
Explanation:
In order to obtain the amount of set-up allocated to each unit of Plus and Max, there is need to multiply the set-up cost per unit by the number of set-up for each product divided by number of each unit produced.
Not always, but If you have bad eyes, then it is Manditory to wear them until you go to sleep
Answer: 8 quarters
Explanation:
Nickels means 5 cents
Dimes means 10 cents
Quarters means 25 cents.
N and D = $2.7 = 270 dollars
Q and D = $3.5 = 350 dollars
Find the attached document for the solution.
