Answer:1 ) 6 units of output,( 2) Total revenue is $90, (3) Total Cost is $93
Explanation:
Q TFC TVC. TC
$ $ $
O 11 0 11
1 11 12 23
2 11 22 33
3 11 34 45
4. 11 48 59
5 11 64 75
6 11 82 93
To calculate the total cost
TFC + TVC = Total Cost
11 + 0 = 11
11 + 12 = 23
11 + 22 = 33
11 + 34 = 45
11 + 48 = 59
11 + 64 = 75
11 + 82 = 93
The total cost is $93
To calculate the Total revenue
Price × Quantity
Since price = $15, Quantity = 6 unit
15 × 6 = 90
Total revenue = $90
The firm will produce 6 units of output
Answer:
$130,000
Explanation:
For determining the additional life insurance required first we need to follow some steps which are shown below:-
Step 1
Total needs = Cash needs + Income needs + Special needs
= $30,000 + $140,000 + $100,000
= $270,000
Step 2
Total assets held = Bank accounts + Retirement plans + Investment accounts
= $20,000 + $30,000 + $40,000
= $90,000
Step 3
Total amount of life = $270,000 - $90,000
= $180,000
and finally
Additional life insurance required =
The Total amount of life - Life insurance provided by the employer
= $180,000 - $50,000
= $130,000
Answer:
Option A: retro
Explanation:
Difference factors influence consumers to buy certain things. These factors are used to segment consumers. The segmentation is done includes: behavioural, demographic, geographic and psychographic.
Baby boomers fall under the demographic segmentation under the age classification of generations (includes: seniors, baby boomers, generation X and generation Y( college age students).
Today's college age students compose the largest generation. The baby boomer generation is the second largest and over the last thirty years or so, has been a very attractive market for sellers. Retro (old) brands or products that companies "bring back" for a period of time we're aimed at baby boomers during the economic downturn. A perfect example is the Pepsi throwback and Mountain Dew throwback, which are made with cane sugar like they were "back in the good old days" instead of corn syrup.
Therefore, the option that best suits the question is option A, RETRO.
Answer:
A: Yes
Explanation:
The additional worker would cost $100 per day i.e. Marginal Cost = $100
Whereas the Marginal Revenue = (2,750-2,600) = $150
Since Marginal revenue exceeds marginal cost by (150-100) = $50, Cindy should hire 12th worker.
Answer: $18,750.00
Explanation: So what you'll do is (12,500 * 2) + 12,500 / 2 = 18,750
