Answer:
Apples and Banana
a) Profit maximizing prices:
i) For Apple = $100
ii) For Banana = $40
b) Profits equal revenue minus costs:
i) For Apple = $100Q - (20 + 10Q) = $60Q
ii) For Banana = $40 - (26.5 + 5Q) = $8.50Q
c) To maximize profit, the price to charge is $100 for Apples and $40 for Banana.
d) I would expect to earn a profit of $68.50 for a set of apple and banana.
Explanation:
To maximize profit, Apple and Banana will be sold separately.
But, selling them together, the best profit maximizing prices will be $100 for Apples and $10 for Banana.
At this combined price, the banana still makes a contribution of $5 per unit towards offsetting the fixed cost of $26.50
Based on the various costs incurred by the three roommates, the monthly cost of the apartment is <u>$1,410.</u>
<h3>What is the most cost of the apartment?</h3>
The monthly cost of the apartment are all costs that relate to maintaining it and providing services to it.
This can be found as:
= Monthly rent + Monthly utilities + Internet service + cleaning fees
= 1,050 + 150 + 120 + 90
= $1,410
Find out more on household supplies at brainly.com/question/21370573.
Answer:
The correct option is;
Buy low and sell high
Explanation:
To "buy low and sell high" is a market strategy that involves the idea of buying stocks or goods or other financial instruments, when the market value is at the lowest, and sell when the prices are high or at their peak
That is a profit is made when traders buy stocks or goods at a price lower than they sell
The idea to buy low and sell high is aptly applied to stock market trading that have cycles of high and low prices. But it is also very much applicable to real estate and property, as these are more tangible items although they operate sometimes at a smaller scale.
At a time of declining prices, the cost flow method that will result in the highest ending inventory is LIFO.
If the costs are declining, it was the brand new stock purchase shall be at a decreased price and the oldest purchase shall be at a better fee. In the LIFO methods finishing stock is assumed from the oldest purchases, hence the LIFO assumption will result in the best ending inventory.
In a period of declining prices, LIFO will bring about the bottom value of products bought (maximum latest purchases) and the best ending stock (earliest purchases).
Last In First Out (LIFO) is a way used to account for stock. Under LIFO, the charges of the maximum latest merchandise purchased (or produced) are the primary ones to be expensed. For the duration of instances of rising charges, agencies may additionally find it beneficial to use LIFO price accounting over FIFO. below LIFO, firms can keep on taxes in addition to better fitting their revenue to their contemporary fees whilst charges are rising.
Learn more about LIFO here brainly.com/question/25887081
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