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Fed [463]
4 years ago
6

Farmer Fanny sells her crops in a perfectly competitive market. If she produces 500 bushels for total revenue of $3,000 and if h

arvesting the 501 bushel would raise her total cost from $2500 to $2510, her A) revenue will increase by $4.00 if she harvests the 501't bushel. B) revenue will fall by $4.00 if she harvests the 501st bushel. C) average fixed cost will rise if she harvests the 501st bushel. D) profit will fall by $10.00 if she harvests the 501t bushel. E) profit will fall by $4.00 if she harvests the 501" bushel.
Business
1 answer:
PolarNik [594]4 years ago
3 0

Answer:

E) profit will fall by $4.00 if she harvests the 501" bushel.

Explanation:

Please see attachment

Download pdf
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Oriole Company uses the units-of-activity method in computing depreciation. A new plant asset is purchased for $52000 that will
AnnZ [28]

Answer:

$ 0.61 per unit

Explanation:

The unit-of-activity method is one of the asset depreciation methods. Under this method, the depreciable cost of the asset is spread over the units produced. The formula is a more accurate measure of wear and tear.

In this case:

Depreciable cost=(purchase price -salvage value)

   =$52000.00 -$3200.00

   =$48,800.00

Depreciation  per unit=  Depricable cost / expected production

      =$48,800/80000

    =$ 0.61per unit

4 0
3 years ago
Annie is at the checkout line of the grocery store when she sees a case of candy bars. She then decides to buy them. This is an
g100num [7]
This is impulse buying
7 0
3 years ago
Inflation is running at 1.2% per year when you deposit $11,000 in an account earning 6% compounded monthly. In constant dollars,
nordsb [41]

Answer:

$13,316.54

Explanation:

Data provided in the question:

Inflation rate, i = 1.2% = 0.012

Deposits = $11,000

Interest rate, r = 6% = 0.06

Time, t = 4 years

since compounded monthly, number of periods n = 12

Now,

Future value of money with the interest

= Deposits × [1+ \frac{r}{n}]^{n.t}

= $11,000 × [1+ \frac{0.06}{12}]^{12\times4}

= $13,975.38

Considering the inflation,

Amount after 4 years = Future value × [1 - i ]ⁿ

= $13,975.38 × [1 - 0.012]⁴

= $13,316.54

5 0
3 years ago
Roman Industries' plant operates five days per week with a daily payroll of $6,000. Employees are paid every Saturday for the wo
Sergeu [11.5K]

Answer:

$12,000

Explanation:

Calculation to determine the amount of Wages Expense recorded on the next payday, Saturday, April 3

Using this formula

Wages Expense=Daily payroll *2 days

Let plug in the formula

Wages Expense=$6,000*2 days

Wages Expense=$12,000

Therefore the amount of Wages Expense recorded on the next payday, Saturday, April 3 is $12,000

4 0
3 years ago
An experimenter had groups of one to four people look up at the sky on a street corner and measured what proportion of people wh
Dafna1 [17]

Answer:

an experiment.

Explanation:

An experiment refers to a scientific process that could be made to discover the things, hypothesis test and exhibit a fact i.e. known

Here in the given situation, it is mentioned that the experimenter contains a group in which one to four people are looking up to the sky on the corner of the street and also the proportion is measured

So this is an example of an experiment

6 0
3 years ago
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