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3 years ago

In which market model are the conditions of entry into the market easiest?

1 answer:

5 0

Under which market model are the conditions of entry into the market easiest?
a. Monopolistic competition
b. Oligopoly
c. Pure monopoly
d. Pure competition

The answer would be Pure Competition

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Lin Corporation has a single product whose selling price is $134 per unit and whose variable expense is $67 per unit. The compan

podryga [215]

Answer:

1. 600 units

2. $81,800

Explanation:

In this question we use the formula of break-even point in unit sales which is shown below:

= (Fixed expenses + target profit) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $134 - $67

= $67

And, the other items values would remain the same

Now put these values to the above formula

So, the value would equal to

= ($32,300 + $7,900) ÷ ($67)

= ($402,00) ÷ ($67)

= 600 units

2. Break even point = (Fixed expenses + desired profit) ÷ (Profit volume Ratio)

And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100

So, the Profit volume ratio = ($67) ÷ ($134) × 100 = 50%

The other values would remain same

Now put these values to the above formula

So, the value would equal to

= ($32,300 + $8,600) ÷ (50%)

= $81,800

8 0

3 years ago

You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $70

V125BC [204]

Answer:

First find the Average fixed cost per papper.

That is,

1. Fixed cost is -

, If sales fall by 20%

Then,

So AFC per papper rises from $1.95 to 2.437

2. The MC will be changes from this 20 % fall is

then

So the marginal cost are changes $1.95 to $2.88

3. Before the changes in cost

So the changes is

The amount changes from $2.40 to $2.88 per paper

Explanation:

5 0

3 years ago

if you were in the dry cleaning business whom would you benchmark for their technological innovations

Cloud [144]

If you were in the dry cleaning business you would benchmark the business itself for their technological innovations

5 0

3 years ago

assuming the hiking shoes division of the all about shoes corporation had the following results last year managements target rat

Nutka1998 [239]

Answer:

116.67%

Explanation:

Note: Complete question is attached as picture below

Capital Turnover = Sales / Total Assets

Capital Turnover = $7,000,000 / $1,500,000

Capital Turnover = 4.67

Sales Margin = Operating Income / Sales

Sales Margin = $1,750,000/$7,000,000

Sales Margin = 0.25

Sales Margin = 25%

Division Rate of Investment = Capital Turnover * Sales Margin

Division Rate of Investment = 4.67 * 25%

Division Rate of Investment = 116.67%

8 0

3 years ago

Cafe x bought 20,000 cups for $1,400 when they opened for business last month. At the end of the month they had 8,000 cups left.

JulsSmile [24]

Calculation of the cost of goods sold (cogs) for the month;

It is given that Cafe x bought 20,000 cups for $1,400 when they opened for business last month. At the end of the month, they had 8,000 cups left. It means the Cups sold are (20,000-8000) = 12,000 cups

And the Cost of 12,000 cups sold shall be $1400*12000/20000 = $840

Hence the cost of goods sold (cogs) for the month is $840.

5 0

3 years ago