Answer:
Explanation:
Given the following data about Dayna's Doorstep Inc(DD) :
Cost given by; C = 100 - 5Q + Q^2
Demand ; P = 55 - 2Q
A.) Set price to maximize output;
Marginal revenue (MR) = marginal cost (MC)
MR = taking first derivative of total revenue with respect to Q; (55 - 2Q^2)
MC = taking first derivative of total cost with respect to Q; (-5Q + Q^2)
MR = 55 - 4Q ; MC = 2Q - 5
55 - 4Q = 2Q - 5
60 = 6Q ; Q = 10
From
P = 55 - 2Q ;
P = 55 - 2(10) = $35
Output
35(10) - [100-5(10)+10^2]
350 - 150 = $200
Consumer surplus:
0.5Q(55-35)
0.5(10)(20) = $100
B.) Here,
Marginal cost = Price
2Q - 5 = 55 - 2Q
4Q = 60 ; Q = 15
P= 55 - 2(15) = $25
Totally revenue - total cost:
(25)(15) - [100-(5)(15)+15^2] = $125
Consumer surplus(CS) :
0.5Q(55-25) = 0.5(15)(30) = $225
C.) Dead Weight loss between Q=10 and Q=15, which is the area below the demand curve and above the marginal cost curve
=0.5×(35-15) ×(15-10)
=0.5×20×5 = $50
D.) If P=$27
27 = 55 - 2Q
2Q = 55 - 27
Q = 14
CS = 0.5×14×(55 - 27) = $196
DWL = 0.5(1)(4) = $2
Answer:
We can't define the firm's net income without additional information as either (1) or (2):
1) Revenues/ all income, and all expenses
2) Operating cash-flow together with interest expense, and tax rate
Explanation:
If we can have the operating cash-flow, then we can define EBIT (profit/ earnings before tax and interest) as below:
Operating cash-flow = EBIT + depreciation - increase of accounts receivable and inventories + increase of accounts payable.
Assuming Operating cash-flow is $100,000 then we have:
EBIT = $100,000 + $64,000 - $85,000 + $14,000 = $93,000
Assuming the firm have no interest expense and tax rate is 35%, then net profit = EBIT*(1- tax rate) = $93,000 * (1-35%) = $60,450
Answer:
Economies of scope
Explanation:
Economies of scope is a benefit that a company has by producing a a wide range of products or services which reduces the unit cost. In this case of a financial institution, offering more credit cards to a large number of people will help them achieve their desired cost savings. Economies of scope is achieved when it provides a business with ways to generate operational efficiencies.
Answer:
professor's efficiency is 75%
Explanation:
given data
expected cover = 16 chapters
able to cover = 12 chapters
to find out
the professor's efficiency
solution
we know here that when professor works at 100% efficiency
then complete 16 chapter in 1 semester
but here Professor completed only 12 chapter
so for 100% we know 16 chapter that is
100% = 16 chapter
and for x% = 12 chapter
so from above both equation we get x %
x = 100 % × 
x = 75%
so we can say that professor's efficiency is 75%
Answer:
<h2>☆ <u>Hola</u>! <u>Friend</u>! ☆</h2>
<h3>■ The chef de cuisine, or executive chef is in charge of the entire kitchen.</h3>
<h3>■ This position is the highest rank in the kitchen hierarchy.</h3>
<h3>■ The sous chef is the second in charge and often training to become a head chef.</h3>
<h3><u>Follow</u> <u>Me</u> ❤❤</h3>
