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Ulleksa [173]
4 years ago
10

Assume a demand equation for good​ 'x': Q = 9 - 0.1p - p_y + 0.01p_z + 0.0005Y; where p = own price of the good Q = quantity dem

anded p_y = price of a related good = $3 p_z = price of a different related good = $200 Y = consumer income = $4,000/mo. The quantity demanded as a function of the price can be written:
Business
1 answer:
Ray Of Light [21]4 years ago
5 0

Answer:

Q = 10 - 0.1p

Explanation:

Given that,

Demand equation for good​ 'x':

Q = 9 - 0.1p - p_y + 0.01p_z + 0.0005Y

Where,

p = own price of the good

Q = quantity demanded

p_y = price of a related good = $3

p_z = price of a different related good = $200

Y = consumer income = $4,000/month

Therefore, the quantity demanded as a function of the price can be written as follows;

Q = 9 - 0.1p - p_y + 0.01p_z + 0.0005Y

Q = 9 - 0.1p - 3 + 0.01(200) + 0.0005(4,000)

Q = 6 - 0.1p + 2 + 2

Q = 10 - 0.1p

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Hester's manufacturing software company is doing better than it ever has and just a year ago it was floundering. Prior to a year
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Permanent team structure was Hester now a part of under the new ownership.

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3 0
4 years ago
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and ac
Zina [86]

Answer:

Explanation:

Overhead allocated to Product X = Department A overhead cost+ Department B overhead cost

=  $51,157.84+$5755.62=

= $56,913

Calculations:

Using a single-driver allocation system, with direct labor hours as the driver, how much overhead was allocated to Product X:

Department A's Overhead rate per labor hour = Overhead costs/Total direct labor hours  = $4300000/60000 hours = $71.66 per hour

Overhead (Department A) = $71.66per hour*724 labor hours

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3 years ago
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lyudmila [28]

Answer:

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8 0
3 years ago
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