Answer:
2.5 nights
Explanation:
8.95*10= 89.5-(2.87*10)= 57.20
100+50=150/57.20=~2.5
Answer:
Ernesto's payoff will be zero and Timothy's payoff will also be zero.
Explanation:
Ernesto and Timothy are involved in a game of rock, paper, scissors.
If a player wins his payoff is 1. If a player loses his payoff is -1.
If both players tie their payoff is 0.
Here, both Timothy and Ernesto chose paper. So, there will be a tie between them.
Thus, both of them will have zero as a payoff.
Answer:
e. Personal value equation
Explanation:
To check that the product the company is offering to the customers whether the product is financially feasible or not, the companies individually take the opinion of the customer about the product by delivering and communicating them personally so that they actually know about their product.
Customer perception is different about the product they want to buy. They simply want the benefit and the satisfaction after consuming the product that means the time and the cost they has incurred to get the product is to meet their expectations.
Answer:
a. Yes, the company was profitable as it is evidence by the positive net profit margin.
b. Yes, increase in asset turnover increases shows that the operating assets generate higher amount of sales than the last year.
Explanation:
a. Net Profit margin is the percentage (%) of the revenue remaining after all the expenses are subtracted from the sales. It states the amount of profit which a business could extract from the aggregate sales.
Yes, the company is profitable in the year 2015 as the business has positive net profit margin and it is also evidenced.
b. Assets turnover ratio is the one which measures the efficiency of the company or the business and its ability to generate the sales from the assets through comparing the net sales with the average aggregate assets.
Yes, the increase (last year it was 1.29, but now it increases from 1.29 to 1.42) states that the operating assets will generate higher amount of sales from the last year.
Answer:
Explanation:
Producer surplus can be defined as the difference between how much a person can receive by selling a good at the market price versus how much a person would be willing to accept for the given quantity of good.
The Perfect Price Discrimination (1st degree price discrimination) will occur when an organization charges a different price for every unit consumed.
Producer surplus is formally given as PS = TR( q ppdm ) 0 q ppdm MC(q)dq
Where TR is the Total Revenue
For total cost and the definite integral of marginal cost over the range of output, we find that PS = TR( q ppdm ) TC( q ppdm ).
That is the sum of the consumer surplus and producer surplus is the total gains from trade.
