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
stealth61 [152]
3 years ago
12

Mugs Café sells 1000 cups of coffee per week if it does not advertise. For every $50 spent in advertising per week, it sells an

additional 150 cups of coffee. a) Find a linear function that gives y = number of cups of coffee sold per week x = amount spent on advertising per week. b) How many cups of coffee does Mugs Café expect to sell if $100 per week is spent on advertising?
Business
1 answer:
Zepler [3.9K]3 years ago
8 0

Answer:

1,300 cups

Explanation:

This can be solved as follows:

Question "a"

y = a + bx ................................................. (1)

Where,

y = number of cups of coffee sold per week

x = number of times b is multiplied based on the amount spent on adverts

amount spent on advertising per week

a = fixed cups of coffee per week without advertising = 1,000 cups

b = extra quantity sold when $50 is spent on advertisement = 150 cups

If the available figures above are substituted into equation (1), we will have the linear function as follows:

y = 1000 + 150x ................................................. (2)

Equation (2) is the linear function required.

Question "b"

If $100 per week is spent on advertising, we can get X by dividing it by $50 as follows:

x = $100 ÷ $50 = 2

Substituting 2 for x in equation (2), we can calculate y as follows:

y = 1000 + 150(2)

  = 1000 + 300

  = 1,300 cups.

Therefore, 1,300 cups of coffee are expected to be sold per week by Mugs Café if it spends $100 per week on advertising.

I wish you the best.

You might be interested in
Suppose there exists a market for coffee that is in equilibrium at 500 cups brewed per week for $3/cup. Now suppose the demand f
Anton [14]

Answer:

Increase in Substitute good price , Decrease in Complementary Good price, Fall in Income , Taste & preferences change in favour of good.

Explanation:

Demand is the ability & willingness of consumer to buy a product at a price , period of time.

There are four factors affecting Demand with following relationships with it : Price of Good (inversely related) , Price of related goods (substitutes-directly related) & (complements-inversely related), Income (directly related) , Taste & preferences (depends).

Any Change in 'Quantity Demanded' due to change in good's own price leads to movement on the demand curve (contraction or expansion). Any 'Change in Demand' due to factors other than price shifts the demand curve (rightwards or leftwards).

So : Increase in substitute good's price (eg- tea) price makes coffee relatively cheaper, Decrease in complementary good's price (eg - sugar/milk) makes coffee altogether cheaper, taste & preference change in favour of coffee consumption (eg- people learning advantages of caffaine consumption). All these mentioned Increase the Demand for coffee & shifts its curve rightwards.

7 0
3 years ago
Which of the following are true?
laiz [17]

Answer:

c. Payback is the amount of time to recover the initial investment. No discounting occurs and all cash flows after the payback period are not accounted for. The rule is intuitive and used by small business owners

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.  The NPV does account for all cash flows as well as time value of money.

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested . The IRR does account for all cash flows.

The discounted payback period discounts cash flows

3 0
3 years ago
Bob inspires his employees to follow a vision, facilitates change, and creates a strongly positive climate, all while stressing
Lady bird [3.3K]

Bob inspires his employees to follow a vision, facilitates change, and creates a strongly positive climate, all while stressing performance. Bob has helped to create a(n) caring/civilized culture.

Explanation:

  • Bob inspires his employees to follow a vision, facilitates change, and creates a strongly positive climate, all while stressing performance. Bob has helped to create a(n) caring/civilized culture.
  • Developing a caring culture
  • Be optimistic and upfront to your goals.
  • Focus on strengths, not weaknesses
  • It’s the result of deliberate executive that promotes a civilized cultural environment.
  • Developing a caring culture starts with a few initial steps that aims at building the priorities of members to establish a dream team.
4 0
3 years ago
Emily Casper earns a weekly salary of $785. How much will she make after four weeks?
OleMash [197]

Answer:

$3140

Explanation:

It is given that,

Weekly salary of Emily Casper is $785. We need to find her earning after 4 weeks. It is a type of question based on the unitary method.

1 week = $785

4 week = 4 × $785

= $3140

Hence, her salary after 4 weeks is $3140.

7 0
3 years ago
One of the accounting records maintained by Visors Inc. lists the number of regular work hours worked by its employees, the over
Iteru [2.4K]

Answer:

B. Payroll record

Explanation:

Payroll record is a record in an organization showing the list of employees in that organization along with payments due to every employee in the organization for a specific pay period. It shows the number of hours worked, average pay rates, and deductions for each employee present in the organization. From the description detailed in the question, the record described is most likely a payroll record. In summary, it's a documentation showing under what criteria are the employees of an organization paid.

5 0
3 years ago
Other questions:
  • 2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 po
    14·1 answer
  • ony Manufacturing produces a single product that sells for $ 80. Variable costs per unit equal $ 45. The company expects total f
    15·1 answer
  • Lucky Cow Dairy provided the following expense information for May:Assembly line workers' wages: $72,300Caps for milk bottles: 3
    12·1 answer
  • Gonzalez Company has 350,000 shares of $10 par value common stock outstanding. During the year, Gonzalez declared a 10% stock di
    12·1 answer
  • Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on
    6·1 answer
  • Under the Contract To Buy & Sell Real Estate, if Buyer fails to notify Seller by the New Loan Termination Deadline that Buye
    15·1 answer
  • 1. A interest rate that does not change during the life of the loan is a
    14·1 answer
  • Aaron Company estimates direct labor costs and manufacturing overhead costs for the coming year to be $800,000 and $500,000, res
    5·1 answer
  • A price index is: Multiple Choice the cost of a market basket of goods and services in a base period divided by the cost of the
    14·1 answer
  • Describe one accountability issue of a business​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!