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Usimov [2.4K]
4 years ago
11

Suppose that a monopolistically competitive restaurant is currently serving 230 meals per day (the output where mr = mc). at tha

t output level, atc per meal is $10 and consumers are willing to pay $12 per meal.
Business
1 answer:
Gre4nikov [31]4 years ago
8 0

Answer:

460$ profit

Explanation:

Marginal revenue is equal to marginal cost which shows that the restaurant is working in a competitive environment.

The restaurant is serving 230 meals, per meal cost is 10$.

The total cost of serving 230 meals is = 230*10 = 2300$  

The restaurant is earning 2$ profit per meal, the total profit is = 230* 2= 460$

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Remington Arms continually monitors the legal-political environment for changes in legislation that may adversely impact the sal
Luda [366]

Answer:

SWOT threat analysis

Explanation:

SWOT analysis stands for: Strength, Weakness, Opportunities and Threats

The business that wants to stay afloat must constantly engage in self examination in line with national and international demonstration effect on the firm. in line with this, it must be able to identify the firm's:

Strengths in the market place and among competitors with view to maximizing it,

Weaknesses to know its limitations and possibility of converting weakness to strength,

Opportunities - To have information of existing opportunities and choose the ones that can produce adequate returns on investment  

Threats - To know the activities of both competitors and legal framework that may constitute a threat to its existence or affect its existing returns on investment.

Therefore Remington Arms is trying to identify the threats to its business

3 0
3 years ago
The depreciation component of a lease payment is _____.
xz_007 [3.2K]
The answer would be A.
6 0
4 years ago
Read 2 more answers
Stacey purchased 300 shares of Coulter Industries stock and held it for 4 months before reselling it.
Rainbow [258]

Answer:

The value of m is Three (3)

Explanation:

The annualized return or annual return on investment s the percentage that tells you how much an investment has increased in value on average per year over a period of time.

Annual return can be a preferable metric to use over simple return when you want to evaluate how successful an investment has been or to compare the returns of two investments you've held over different time frames on equal footing.

Now, to calculate the annual returns,

We look up the current price and  purchase price.

If the stock has undergone any splits, make sure the purchase price is adjusted for splits. If it isn't, you can adjust it yourself. For example, if you held a stock for 4 years, during which time it has had a 2:1 and a 3:1 split, then you can calculate your split-adjusted purchase price by dividing your purchase price by 6 (2 x 3).

Then we calculate the simple return percentage

After which we go ahead to annualize it.

3 0
4 years ago
Valley Forge and Metal purchased a truck five years ago for local deliveries. Which one of the following costs related to this t
vodka [1.7K]

The correct option is - 3 ( "Money spent last month repairing a damaged front fender" )

<u>Explanation:</u>

Sunk cost means the cost that has been already incurred in the past and cannot be recovered. This implies that sunk costs should be not be considered in future decision making of the project, because these are the cost that can not be changed with under taking the project or not. The significant aspect  about this costs is that they shouldn't be allowed to influence subsequent decisions.

With the theatre ticket example, there's an opportunity to leave the theatre at the intermission and spend the rest of your evening doing something else more enjoyable.  If you don't like the play then you might decide to leave, but the sunk cost of the ticket shouldn't influence your decision to stay or leave.

7 0
3 years ago
Don operates a taxi business, and this year one of his taxis was damaged in a traffic accident. The taxi was originally purchase
OleMash [197]

Answer:

Option (A) is correct.

Explanation:

Given that,

Purchasing price of taxi = $32,000

Adjusted basis = $2,000 at the time of the accident

Cost of repair = $2,500

Insurance reimbursed Don = $700

Lesser of Adjusted basis at the time of the accident and Cost of repaired is the amount of causality loss before adjustments.

So, lesser amount is $2,000 as compared to the cost of repair ($2,500).

Therefore,

Amount of causality loss before adjustments = $2,000

Hence,

Don's casualty loss deduction:

= Amount of causality loss before adjustments - Insurance reimbursed

= $2,000 - $700

= $1,300

3 0
3 years ago
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