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makvit [3.9K]
3 years ago
15

The manager of a 100 unit apartment complex knows from experience that all units will be occupied if the rent is $600 per month.

A market survey suggests that, on average, one additional unit will remain vacant for each $10 increase in rent. What rent should the manager charge to maximize revenue?
Business
1 answer:
timama [110]3 years ago
7 0

Answer:

Explanation:

The manager should charge $800 per month. At this level, there would be 80 occupants and the total rent would be 64,000. This is the highest revenue level. At 810, profits start to decrease.

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Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in
Sonbull [250]

<u>Full question:</u>

Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in his warehouse and delivers them to various cabinet makers prior to them completing the cabinets' construction. Trent is a

A. retailer.

B. intrapreneur.

C. service provider.

D. wholesaler.

E. direct marketer

<u>Answer:</u>

Trent is a  wholesaler

<u>Explanation:</u>

A wholesaler acquires the goods from a producer in mass quantity and re-sells it to retailers in tiny portions. Wholesalers obtain a central position in the retailing course set-up. Warehousing is an essential marketing function offered by the wholesaler.

A wholesaler holds a huge accumulation of goods for retailers. Wholesalers support to maintain prices by regulating stocks according to demand. Many wholesalers manage their warehouses for stocking goods. . He also trades goods to the retailer on account. Thus, at both edges the wholesaler serves as a financier.

6 0
3 years ago
The market share held by the "Other" category (which includes dark pools) constitutes roughly ______% of trading volume in NYSE-
Volgvan

Answer:

The correct word for the blank space is: 30%.

Explanation:

The New York Stock Exchange (<em>NYSE</em>) is the largest, oldest, and best-known stock exchange in the world. The market capitalization of the NYSE's listed companies is unmatched. Its listings feature most of the world's largest and best-known corporations. The NYSE requires a high standard before the stock can be listed. This is why there is around 30% of the listed companies in the NYSE that trade in other markets because they are not considered qualified.

4 0
3 years ago
On January 1, 2018, Gibson Corporation entered into a four-year operating lease. The payments were as follows: $20,000 for 2018,
antiseptic1488 [7]

Based on accounting principles, the correct amount for total lease expense in 2019 is<u> $17,000.</u>

<h3>Why is this the correct amount?</h3>

Accounting principles state that lease payments must be recorded as an equal amount over the years of the lease.

The total lease payment is:

= 20,000 + 18,000 + 16,000 + 14,000

= $68,000

Annual payment is:

= 68,000 / 4

= $17,000

Find out more on lease payments at brainly.com/question/5563107.

3 0
2 years ago
When the engineers from fm global (factory mutual) conduct inspections at industrial facilities, whose interests are they hired
WINSTONCH [101]

When the engineers from FM Global (factory mutual) conduct inspections at industrial facilities, the interest they hired is to protect the companies that insure the properties.

FM Global is one of the global's biggest commercial and business assets coverage and chance management agencies, focusing on assets safety. we've currently ranked #447 on the Fortune 500 list of America's largest companies.

Malcolm C. Roberts is responsible for the strategic and operational direction of FM Global, one of the world's largest industrial property insurers and which insures nearly US$10.2 trillion in business belongings in greater than a hundred thirty international locations.

"FM international" is the communicative name of the organization, while the felony call is "manufacturing facility Mutual coverage organization". FM international has been named the "first-rate property Insurer inside the international” by means of Euromoney mag.

Learn more about FM Global here brainly.com/question/8304017

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4 0
2 years ago
As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He c
Serga [27]

Answer:

$1,275

Explanation:

The computation of the amount of commission for paying is shown below:

= Invested amount × fund charges a load percentage

= $30,000 × 4.25%

= $1,275

By multiplying the invested amount with the fund charges a load percentage we can easily calculate the amount of commission and the same is to be considered

8 0
3 years ago
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