Answer: $66.25
Explanation:
What should the per unit selling price be to make a 25% profit this year?
First, we'll calculate the total cost which will be:
= $100,000 + $5000(33)
= $100,000 + $165,000
= $265000
%profit = 100(revenue - cost)/ cost
25% = 100(revenue - 265000)/265000
Therefore, revenue will be:
265000(1 + 25%) = 331250
265000(1.25) = 331250
Revenue = $331250
Selling price per unit will be:
= $331250/5000
= $66.25/unit
Since you gave no table,
her federal income in 14 % Rate = 14 % x 2,100
= $ 294
Her federal tax in 16 % Rate = 16 % x 2,100
= $ 336
Answer:
Give an example of a situation in which a surplus of a product led to decreased prices. similarity, give a example of a situation in which a shortage led to increased prices. what eventually happened in each case? why?
In the course of having surplus of a product which decreases the price, this happens as a result of high competition as there many people selling the same products which in turns leads to crash in price in order to make sales and little profit.
while product shortage or scarcity happens as a result of decrease in resources or decrease in supply, hence; results into scarcity of products which eventually aids increment of price
Explanation:
Answer and Explanation:
There is no copyright infringement here. Savant homes had not taken a copyright protection for the design prior to this time. Also in the case it was found that the design is not in fact a unique design by Savant homes as it is used widely and was common before savant homes used it. And so it was a dummy model for everyone to copy from. Therefore the infringement was considered invalid as there was no ground for savant homes to claim it as am intellectual property
