Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
Answer:
No the given statement is not correct.
Explanation:
Federal Government does not determine the pay structure for any occupation. Each occupation determine its own salary structure. For example, the doctors would determine their own fee that they would charge to the patients, schools will determine their fee that they would charge from students, lawyers determine their own fee, and the examples are countless. Government sometimes only sets the minimum level of wage that must be paid to a worker. For example government can put a base at 10 dollars wage rate that has to be given to the worker working for you. So you must give the worker at least $10, but you can give him $15 or $20, as much as you like and as much as he charges you, but you can't give him less than 10 dollars
Answer:
where marginal cost and marginal revenue meet.
Explanation:
we should use income statement to find the new profit and the gross profit first then we can find out the expenses while doing it down on the statement anything which had written expenses is expenses.
Answer:
$67,000
Explanation:
The total revenue will be income from the 300 rooms and that from 100 rooms
=(300 x $140) + ($100 x 250)
=$42,000 +$25,000
=$67,000
