2. What does an interest inventory measure?

There is a 60 percent chance of low demand and a 40 percent chance of high demand. The corresponding (inverse) demand functions

Burka [1]

Answer:

New houses build =200

Profit =$13,860,000

Explanation:

In this particular question there are 2 scenarios for demand function,

i.e. (a.) 60 percent chance of low demand, $P_{60} = 300,000-400Q$

(b.) 40 percent chance of high demand, $P_{40} = 500,000-275Q$

∴ Expected demand function = 60%×(300000-400Q) + 40%×(500000-275Q)

= 380,000-350Q

$P_{D}$ =380000-350Q

Revenue = (380000 - 350Q)×Q = 380000Q - 350 $Q^{2}$

Here, the no. of new homes build will depend on maximizing profit

∵ Profit = Revenue - Cost

π = (380000 - 350Q)×Q - (140000+240000Q)

π = 380000Q - 350 $Q^{2}$ - (140000+240000Q)

In order to maximize profit , we will

$\frac{\delta P_{\pi}}{\delta Q}$ = 0

$\frac{\delta P_{\pi}}{\delta Q}$ = 380000-350*2*Q-240000

∴ 380000-350×2×(Q-240000) =0

Q=200

So number of houses that they should build =200

π = 380000Q - 350 $Q^{2}$ - (140000+240000Q)

π = 380000-(350× $200^{2}$ ) - (140000+(240000*200))

π =$13,860,000

New houses to be build =200

Profit =$13,860,000

8 0

3 years ago

Class, Let's work on this together. Becca would like to organize BMI as either an LLC or as a C corporation generating a 4 perce

kodGreya [7K]

Answer:

LLC Description C Corp. Description

(1) Pretax earnings $18,000 4%*$450,000 $18000 4%*$450,000

(2) Entity level tax 0 $2,700 15% × (1)

(3) After-tax entity earnings $18,000 (1) – (2) $15,300 (1) – (2)

(4) Owner tax $5,040 (3)*28% $2,295 (3)* 15%

(5) After-tax earnings $12,960 (3)- (4) $13,005 (3) – (4)

6 0

3 years ago

S. Economics Explain the term "Budget"

nadya68 [22]

Budget means basically like you have a only a certain amount of money you can use, for example. “I have a 50$ budget” this means that I can only spend up to 50$ on that certain thing.

5 0

3 years ago

Teamwork success requires ______. Group of answer choices

serious [3.7K]

Answer:

The correct answer is (C)

Explanation:

Organisations like never before are confronted with issues which require arrangements at the suitable time to such an extent that the supervisor is to a great extent a leader than everything else. Organisations need a system where lateral decision making is implemented, it is a process in which new ideas are developed by taking a look at things in critical manners.

7 0

4 years ago

B-to-B companies use digital marketing to position their businesses as thought leaders and generate sales leads, primarily in th

PolarNik [594]

Answer:

The answer options to this question would be the following:

a) communication and orders

b) promotional mix

c) banners

d) content marketing

The correct answer is d) content marketing.

Explanation:

Content marketing is a marketing technique that is based on the generation of different content around a brand. The purpose of content marketing is to attract and retain those potential customers through relevant and valuable content.

Thanks to this marketing technique you can work the entire cycle of the user's purchase. In other words, the process a person goes through from the moment they realize they have a need until they decide to buy a product / service to solve it.

6 0

4 years ago