Answer:
From first-degree price discrimination it will achieve a profit of <em>11,100.5 dollars</em>
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Explanation:
Using first-degree price discrimination a firm would be able to eliminate all consumer surplus thus, keeping all the surplus for himself
the surplus will be the area below the demand line and above the marginal cost of 21 dollars
That will be:
(170 - 21) x 149 / 2 = <em>11,100.5</em>
Answer:
A. Ceiling Limit $193.00
Floor Limit $161.00
B. $106.00
C. $51.00
Explanation:
(a) Calculation to determine the two limits to market value that should be used in the lower-of-cost-or-market computation for skis.
Ceiling Limit =$212 - $19
Ceiling Limit =$193.00
Floor Limit =$212 - $19 - $32
Floor Limit =$161.00
Therefore the two limits to market value that should be used in the lower-of-cost-or-market computation for skis will be :
Ceiling Limit $193.00
Floor Limit $161.00
(b) Based on the information given boots has cost amount of $106.00 which means that
the cost amount which should be used in the lower-of-cost-or-market comparison of boots will be $106.00
Therefore The cost amount will be $106.00
(c) Based on the information given Parkas Current replacement cost was $51.00 which means that the MARKET AMOUNT that should be used in order to value parkas on the basis of the lower-of-cost-or-market will be $51.00
Therefore The market amount will be $51.00
The answer is "$51".
here is how we calculate and find the budget for this month;
Money spent on the entertainment in last 4 months = <span>$40, $55, $60, and $48
Now add these amounts;
</span><span>$40 + $55 + $60 + $48 = $203
Now divide this amount with 4, and we get the average budget;
$203/4 = $50.75
if we round to the nearest dollar, it will be;
$51.</span>
Solution :
The optimal order quantity, EOQ =
EOQ =
= 115.47
The expected number of orders =
= 17.32
The daily demand = demand / number of working days
= 8.33
The time between the orders = EOQ / daily demand
= 13.86 days
ROP = ( Daily demand x lead time ) + safety stock
= 76.64
The annual holding cost =
= 207.85
The annual ordering cost =
= 207.85
So the total inventory cost = annual holding cost + annual ordering cost
= 207.85 + 207.85
= 415.7
Answer:
A) breached the agent's fiduciary duties to the principal.
Explanation:
To be more specific, Sam broke the agent's the duty of loyalty towards the principal. An agent must act in the best interest of the principal, not on his own best interest. The agent is getting paid for performing a task on behalf of the principal, and by taking advantage of his position, the agent has clearly breached his contract with the principal. Therefore, the principal can sue the agent and recover for damages (tort suit).