1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ber [7]
3 years ago
9

Suppose that the market demand for 32-oz. wide mouth Nalgene bottles is Q = 50,000p^-1.076, where Q is the quantity of bottles p

er week and p is the price per bottle. The market supply is Q = 0.01p^7.208. What is the equilibrium price and quantity? What is the consumer surplus? What is the producer surplus?

Business
1 answer:
Natasha_Volkova [10]3 years ago
4 0

Answer:

Equilibrium price and quantity

$6.44 and 6768

Consumer surplus

$571,081

Producer Surplus

$5,288

Explanation:

In this question, we are asked to calculate equilibrium price and quantity, consumer surplus and producer surplus.

Please check attachment for complete solution and step by step explanation

You might be interested in
Fuzz Inc., a well-known soft drink manufacturing company, introduces a new drink into the market, to make up for the company's p
mars1129 [50]

Answer:

C.

Explanation:

Organizational effectiveness happen when an association is able to meet its objectives and achieve the outcomes the organization intends to produce. This means an organization that produces a desired effect or an organization that is productive without waste.

Is critical to success in any economy. In order to achieve increased and sustainable business results, organizations needs to execute strategy and engage employees.

Is about each individual doing everything they know to do and doing it well. in other words organizational effectiveness is the capacity of an organization to produce the desired results with a minimum expenditure of energy, time, money and human and material resources.

8 0
3 years ago
MC Qu. 151 Using the information below for... Using the information below for Sundar Company; determine the total manufacturing
Sphinxa [80]

Answer:

Manufacturing Cost = 94,100

Explanation:

Given that,

Direct materials used = $ 20,500

Direct labor used = 26,000

Factory overhead = 47,600

Beginning work in process = 12,200

Ending work in process = 12,800

Manufacturing Cost = Direct Material + Direct Labor + Factory Overhead

Manufacturing Cost = $20,500 + 26,000 + 47,600

Manufacturing Cost = 94,100

5 0
3 years ago
Earnings on principal is called interest. True False
enyata [817]
True

Mark as brainliest plz.
8 0
3 years ago
Prepare a monthly flexible selling expense budget for Cottonwood Company for sales volumes of $300,000, $350,000, and $400,000,
rodikova [14]

Answer:

Sales volumes                            <u>   $300,000  </u>    <u> $350,000 </u>     <u> $400,000</u>

Total selling expenses                <u>  $541,500  </u>    <u>  $595,750 </u>    <u>  $650,000 </u>

Explanation:

Basically, a flexible budget can be described as a budget that adjusts with changes in volume or activity.

Therefore, monthly flexible selling expense budget for Cottonwood Company which adjusts with sales volumes can be prepared as follows:

Cottonwood Company

Monthly Flexible Selling Expense Budget

For the Month .....

<u>Details</u><u>                                                    $                      $                      $      </u>

Sales volumes                             <u>   300,000  </u>        <u> 350,000 </u>     <u> 400,000</u>

<u>Variable selling expenses:</u>

Sales comm. (6% of sales)                18,000              21,000           24,000

Shipping exp. (1% of sales)                 3,000               3,500             4,000

Misc. selling exp. (1.5% of sales)        4,500               5,250             6,000

<u>Fixed selling expenses:</u>

Sales manager's salary                  120,000            120,000         120,000

Advertising expense                       90,000             90,000           90,000

Misc. selling expense                <u>        6,000   </u>       <u>      6,000  </u>      <u>     6,000  </u>

Total selling expenses               <u>   541,500  </u>        <u>  595,750 </u>      <u>  650,000 </u>

8 0
3 years ago
Which of the following companies would be most risky to invest in? A. Company A makes bold moves and grows rapidly. B. Company B
iVinArrow [24]
The right answer for the question that is being asked and shown above is that: "A. Company A makes bold moves and grows rapidly." <span> The company that would be most risky to invest in is that </span><span>A. Company A makes bold moves and grows rapidly.</span>
4 0
3 years ago
Read 2 more answers
Other questions:
  • Burns Industries currently manufactures and sells 23,000 power saws per month, although it has the capacity to produce 38,000 un
    8·1 answer
  • In the concept of best fit privilege, a user has the bare minimum access based on what is needed to complete one’s responsibilit
    15·1 answer
  • The Howe Co. stockholders equity account follows: Common stock (400,00 shares at $4par) $1,600,000 Paid in capital in excess in
    6·1 answer
  • How does the overall economy and it’s various aspects impact your life and finances?
    15·1 answer
  • During the year, Kiner Company made an entry to write off a $32,000 uncollectible account. Before this entry was made, the balan
    7·1 answer
  • In year 1, nominal GDP for the United States was $2,250 billion and in year 2 it was $2,508 billion. The GDP deflator was 72 in
    10·1 answer
  • Randi Wood wants to become the best manager in the firm. She takes every available opportunity to learn new skills and improve h
    9·1 answer
  • If beginning capital was $110,000, ending capital was $95,000, and the owner's withdrawals were $10,000, the amount of net incom
    11·1 answer
  • Which person would benefit most from taking advantage of a low variable
    7·1 answer
  • We use statistics when making decisions, rather than parameters, because ________________.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!