Answer:
The correct decision would be to process further before product is sold
Explanation:
Profit if the product is sold un-assembled
Selling price $135
cost of un-assembled product ($60)
Profit on un-assembled product $75
Profit if the product is further assembled before sale
Selling price $170
Cost of un-assembled product ($60)
Cost of assembling product ($25)
Profit if the product is assembled $85
The profit increased by $10 if the product is further assembled before it is sold.
Hence the best course of action would be to further assemble the product before it is sold
Answer:
A competitive price-searcher market is a market where there are low entry or exit barriers, and the suppliers can determine the price of their products. Some economists believe that this type of market is inefficient because the suppliers are not able to sell enough output in order to minimize their average costs. Since the demand is very elastic in price searcher markets, any price change will cause a drastic change in the quantity demanded.
Price searcher markets share a lot of similarities with perfect competition markets, the main difference is that suppliers and consumers are not price takers. This means that any supplier can change their sales output by changing their price, which leads to greater competition.
Answer: Discussing about the services and inexpensive items in the menu.
Explanation: In the given case, Leila's target customers are the students in college campus. The college students do not have a lot of money to spend. Therefore, she should inform the audience about the inexpensive items in the menu that they can purchase.
She can also persuade them by telling them the services provided by cafe. The nearness of the cafe from the campus could save time of the students, thus it could be a good point to attract the students.
Answer:
$5,500 USD
Explanation:
Since traditional Roth IRA accounts cannot be owned jointly, then both individuals must have their own account. That being said they can still contribute to each other's Roth IRA accounts on behalf of their spouse. You can contribute a total of 100% of your earned income up to a limit of $5,500 USD. Pensions are not allowed as contributions. Individual's over the age of 50 have a limit of $6,500
