10,000-15,000 american dollars
Answer:
1.Occupancy days $3,760
Electrical costs $10,528
Variable cost=2.80
Fixed cost=$650
2. Seasonal factors
Systematic factors
Number of days
Explanation:
1.Calculation using high and low method for both Occupancy days and Electricity cost
Occupancy Electrical
Days Costs
High activity level 4,410 12,998
Low activity level 650 2,470
Change 3,760 10,528
Calculation for Variable cost of electricity per occupancy-day.
Using this formula
Variable cost= Electricity cost/Occupancy days
Let plug in the formula
Variable cost=10,528/3,760
Variable cost=2.80
Calculation for Fixed cost of electricity per month
Fixed cost=2,470-(650*2.80)
Fixed cost=2,470-1,820
Fixed cost=$650
2. Factors that are likely to affect the variation in electrical costs from month to month will include the following:
Seasonal factors
Systematic factors
Number of days
Seasonal factors can either be winter or summer.
Systematic factors include either having guests, To switch off fans as well as lights.
Number of days are days that are present in a month.
Totalitarianism places citizens under absolute state control
When deciding what price to charge consumers, the monopolist may choose to charge them different prices based on the customers income level.
Given that monopolist chooses different prices from different customers.
We are required to give the basis on which the monopolist may charge different prices from different customers.
Monopoly is a situation in which the producer or seller charges comparatively high prices from customers.
So, the monopolist may choose to charge the different prices from different customers based on the income level of customers.
Hence when deciding what price to charge consumers, the monopolist may choose to charge them different prices based on the customers income level.
Learn more about monopoly at brainly.com/question/13113415
#SPJ4
