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Dima020 [189]
4 years ago
13

​Bette's Breakfast, a perfectly competitive​ eatery, sells its​ "Breakfast Special"​ (the only item on the​ menu) for​ $5.00. Th

e costs of​ waiters, cooks,​ power, food, etc. average out to​ $3.95 per​ meal; the costs of the​ lease, insurance, and other such expenses average out to​ $1.25 per meal. Bette should A. lower her output. B. close her doors immediately. C. raise her prices above the perfectly competitive level. D. continue producing in the short​ run, but plan to go out of business in the long run.

Business
1 answer:
melisa1 [442]4 years ago
6 0

Answer:

D. continue producing in the short​ run, but plan to go out of business in the long run.

Explanation:

Please see attachment.

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American Chemical Company manufactures a chemical compound that is sold for $52 per gallon. A new variant of the chemical has be
Leona [35]

Answer:

a. The total profit would be positively affected as it increases

Explanation:

1. We calculate the value of revenue per 8000 gallons with the initial chemical compound and processed into the new variant

Revenue Initial Chemical Compound= 8000 gallons X ($52/gallon)

Revenue Initial Chemical Compound=<em><u> $ 416.000</u></em>

Revenue Chemical compound processed into the new variant=8000 gallons X ($83/gallon)

Revenue Chemical compound  processed into the new variant= <u><em>$ 664.000</em></u>

2. If we consider that the other production costs will be the same for the two chemical compounds, then the only difference will be the processing cost to refine the basic compound into the new variant. For this reason, we substract only the value of processing the basic compound into the new variant for the revenue of this.

<u><em>$ 664.000 - $160.000= $504.000</em></u>

3. The benefit values for each case are:

Initial Chemical Compound: $416.000

Chemical compound  processed into the new variant: $504.000

In conclusion, greater benefit is obtained by processing the basic compound in the new variant than if the basic compound were sold only

3 0
3 years ago
Consider the following per unit data for Jennifer Company, a seller of tables and chairs: What is the weighted-average unit cont
lisabon 2012 [21]

Answer:

$28 per unit

Explanation:

since the information is missing, I looked for similar questions:

contribution margin per chair = $50 - $35 = $15

contribution margin per table = $200 - $120 = $80

sales mix: 4 chairs + 1 table

contribution margin per sales mix = (4 x $15) + $80 = $140

weighted average contribution margin = $140 / 5 = $28

5 0
3 years ago
What is the difference between a savings account and a certificate of deposit?
Alecsey [184]
A savings account you can redraw from, while a certificate of deposite has to be left alone for a certain while, and it ussually gains more interest.
6 0
3 years ago
Which of the following is true?
Mandarinka [93]

Answer:

The answer is "Choice C".

Explanation:

The federal securities legislation governs its sales or offering of stock, investment management, the companies of some industry professional persons, investment companies like mutual funds, tender documents, proxy statements, and, more particularly, publicly-traded company control.  It's not just the external directors, but also the managers of the organization apply to these rules mostly on the release of erroneous financial reports.

3 0
3 years ago
A method of allocating merchandise cost that assigns the most recent purchased costs to the ending inventory shown on the balanc
____ [38]
The answer is B. First in, first out method

Or commonly known in accounting as the FIFO method, is inventory valuation method where the first goods purchased by company is also the first goods sold.

By doing that, this will make the last goods purchased ( the most recent purchased) by the company became company ending inventory.


7 0
3 years ago
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