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stepladder [879]
3 years ago
7

Sam and sadie charge people to park on their lawn while attending a nearby craft fair. at the current price of $10, eight people

park on their lawn. if they raise the price to $15, they know that only six people will want to park on their lawn. whether they have eight or six cars parked on their lawn does not affect their costs. from this information it follows that
Business
1 answer:
Alborosie3 years ago
3 0

I guess the correct answer is they would do better charging $15 than $10.

Tom and Sadie charge people to park on their lawn while attending a nearby craft fair. At the current price of $10, eight people park on their lawn. If they raise the price to $15, they know that only six people will want to park on their lawn. Whether they have eight or six cars parked on their lawn does not affect their costs. From this information it follows that they would do better charging $15 than $10.

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What is the difference between a hands-off manager and a hands-on manager?
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Answer:

In general, a hands-on manager spends more time interacting directly with employees and working on tasks. This contrasts with a manager who has a more hands-off approach and spends a lot of time in his office making decisions and delegating tasks

Explanation:

7 0
3 years ago
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Wilson's is reviewing a project with an internal rate of return of 13.09 percent and a beta of 1.42. The market risk premium is
BartSMP [9]

Answer:

Yes, The project will  be accepted.

Explanation:

Projects should be accepted when their internal rate of return is greater than the Weighted Average Cost of Capital (WACC). The WACC represents the cost or risk of the company so if the return is greater than the risk, then this will be favorable.

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3 years ago
Annapolis Company purchased a $1,000, 6%, 5-year bond at 97 and held it to maturity. The straight line method of amortization is
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Answer: $330

Explanation:

The Net cash received is the Total Money received minus the Total money paid.

The total money paid is calculated as such,

= $1,000 x 97%( this a DISCOUNT bond meaning that it was sold for less than Par. This number signifies how much in percentage of Par it was purchased for)

= $970

$970 is the Total Amount paid.

The Total Amount Received would be,

= Principle on Maturity + Interest for 5 years

= 1,000 + 1,000(0.06) * 5 years

= $1,300

Net Cash Received is therefore,

= Total Amount Received - Total Amount Paid

= 1,300 - 970

= $330

$330 is the net cash received over the life of the bond investment.

5 0
3 years ago
Which shift in the demand curve most likely to describe a company in a monopolistically competitive market that begins to spend
DanielleElmas [232]
Which shift in the demand curve most likely to describe a company in a monopolistically competitive market that begins to spend more on advertising? An upward shift on the demand curve. A monopolistic competitive market is imperfect competition because many products sell similar products but they are different due to branding and quality used so they are not perfect substitutes for one another. 
4 0
3 years ago
Jennifer Schwab is an investor in The Handy Man Pro Shops. On January 1, she purchased 225 shares of stock at a price of $15 per
Tju [1.3M]

Answer:

C. $3,375

Explanation:

Calculation for the value of this stock on the company's balance sheet on December 31

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Therefore the value of this stock on the company's balance sheet on December 31 will be $3,375

5 0
3 years ago
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