Answer:
B. is the satisfaction or pleasure one gets from consuming it.
Explanation:
The utility is the concept which marks the level of satisfaction that a person gets after consuming a particular good. The utility obtained cannot be measured in terms of the weight of the physical property of the goods. It is the result of the satisfaction of the customers after consuming it. The utility exists not in the product but the consumption of it.
The break-even for your food truck business is $37,500.
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
Fixed cost is the cost that does not change with the unit of output. It remains constant regardless of the units of output produced.
Fixed cost of the business = $100,000 + $50,000 = $150,000
Variable cost is cost that varies with the units of output produced. Example are wages and cost of raw materials.
Variable cost of the business = $6.
Break-even = $150,000 / ($10 - $6) = 37,500
A similar question was answered here: brainly.com/question/3254072
Answer:
$72,150
Explanation:
Calculation to determine Hummingbird’s taxable income for the year
Using this formula
Taxable income =Net active income +Portfolio income-Passive loss
Let plug in the formula
Taxable income=$240,500+$96,200-$264,550
Taxable income=$72,150
Therefore Hummingbird’s taxable income for the year is $72,150
Unemployment willl cause the production possibilities to shift inwards, so I the answer would be option A.
During massive unemployment period, production possibilities will heavily decrease due to the lower amount of capital and the lower amount of consumers for that potential product (which happen because the consumers lose a lot of its purchasing power). This situation will cause the curve to move inwards.
Answer:
d. Reduce average Inventory
Explanation:
Inventory turnover ratio represents how quickly an entity's inventory is converted into sales and cash is generated.
Inventory turnover in days is computed as;
=
Inventory turnover ratio can be computed as:
=
Average stock =
wherein, Op stock = Opening stock
Cost of Goods Sold = Sales - Gross Profit
A reduction in the average inventory level would increase the inventory turnover ratio, and thus reduce the inventory conversion period from 80 days to a lower level.