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cluponka [151]
3 years ago
8

Suppose your elasticity of demand for your parking lot spaces is –2, and price is $8 per day. if your mc is zero, and your capac

ity is 80% full at 9
a.m. over the last month, are you optimizing?
Business
1 answer:
marshall27 [118]3 years ago
7 0
The answer to the question above is "no, the business is not optimizing" according to the information shown on the question above. In this situation, we have the greater marginal revenue (4=8*(1-1/2)) than the marginal cost (0)and the business is not in its full capacity. The parking lot business can increase its marginal cost to achieve its full capacity to gain more profit.
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At December 31, 2021 and 2020, P Co. had 58,000 shares of common stock and 5,800 shares of 5%, $100 par value cumulative preferr
Finger [1]

Answer:

$10.19 per share

Explanation:

With regards to the above, the basic earnings per common share is seen below;

Preferred dividend = Shares × Par value × Shares percentage

= 5,800 × $100 × 5%

= $29,000

So, basic earning per share = (Net income - Preferred dividend) ÷ Common shares

= ($620,000 - $29,000) ÷ 58,000

= $10.19 per share

Therefore, for 2021, basic earnings per common share amounted to $10.19

6 0
3 years ago
A manager who has the abilities to relate to people, understand their needs, and show compassion has ____ skills.
Yuliya22 [10]
I think the answer is interpersonal skills.
8 0
3 years ago
Read 2 more answers
You're optimizing a client's Shopping campaign to drive online sales and are assessing the company's website. You determine that
skad [1K]

Answer: must allow shoppers to go back to their shopping cart when using their desktop computer.

Explanation: It important to use strategies that maximise the size of the mobile screens of people's phones when making a mobile website. This makes it easier for people to return to their shopping cart when they are on their desktop computer, thereby allowing them to carry on again on their desktop, to complete their purchase.

8 0
3 years ago
Explain the difference between common and preferred stock? List the advantages and disadvantages of each.
Juli2301 [7.4K]
Common stockholders will not receive any money before the preferred stock holders in the case of the company having to liquidate.  So thats a disadvantage.  Preferred stockholders tend to get higher dividends paid out to them, which is an advantage.  
7 0
3 years ago
In​ March, 2006 the labor department of the country of Jobland determined that the size of the labor force was 100 million out o
Lubov Fominskaja [6]

Answer:

a). Unemployment rate in March=8%

b). Unemployment rate in April=9.4%

Explanation:

a).

The unemployment rate can be expressed as;

R=P/L

where;

R=unemployment rate

P=number of unemployed persons

L=labor force

In our case;

R=unknown

P=number of unemployed persons=labor force-number of employed persons

P=100-92=8 million

L=100 million

replacing;

R=8/100=0.08×100=8%

The unemployment rate in March=8%

b).Unemployment rate for April

Unemployment rate={(total unemployed+discouraged workers)/(labor force+discouraged workers)}×100

total unemployed=8 million

discouraged workers=1.5 million

labor force=100 million

replacing;

Unemployment rate=(8+1.5)/(100+1.5)=(9.5/101.5)×100=9.4%

Unemployment rate in April=9.4%

6 0
2 years ago
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