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3 years ago

Many college football teams require a "donation" in order to purchase season tickets. This is an example of

Business

1 answer:

Sidana [21]3 years ago

8 0

Answer:

The correct answer is letter "C": two-part pricing.

Explanation:

Two-part pricing is set when there is a fixed price for a good or service but there is a variable price added based in a charge per unit of consumption. The sum of the two prices is the total the consumers have to pay to access the product. Typically, this type of pricing is set in monopolistic markets.

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"You need to have $15,000 in five years to pay off a home equity loan. You can invest in an account that pays 5.75 percent compo

Nana76 [90]

Answer:

I have to invest $11364.

Explanation:

The formula of Compound Interest is:

$A = P(1+\frac{r}{n})^{nt}$

where A = Amount

P = Principle

r = rate

n = Number of Compounding per year

t = total number of year

Here, A = 15000, r = 5.75% = 0.0575, n = 4(quarterly), and t = 5.

Putting all these values in above formula:

$15000 = P(1+\frac{0.0575}{4})^{4\times5}$

⇒ $15000 = P(\frac{4.0575}{4})^{20}$

⇒ $15000 = P(1.014)^{20}$

⇒ $15000 = P(1.320)}$

⇒ P = 11364

Hence, I have to invest $11364 for 5 years.

4 0

3 years ago

How might a person’s place in the life cycle influence investment decisions?

vfiekz [6]

Answer:

Student responses will vary, but should include: A young investor has years of earning power and can take greater risks because he/she has time to make-up for losses. An older investor needs more security and current income from their investments because they are using it to retire on or they need it to continually grow so that they can retire.

Explanation:

3 0

4 years ago

Which of these is a common tax form in the United States? 40B 1001Z 1040Z All of the above

shusha [124]

Answer:

1040 Z is the correct answer

Explanation:

7 0

3 years ago

What is meant by market in the lower-of-cost-or-market rule?

Pavel [41]

Answer:

Stock is valued at lower of : cost or market price [prudence principle]

Explanation :

Prudence or Conservatism is an accounting principle : anticipating for all possible losses & expenditures, not anticipating for possible profits & gains. This makes business better prepared to face all contingent expenditures/ losses.

This concept's implication is that : Stock or Inventory is valued at the value whichever is lesser between 'cost of inventory' & sale price. This makes inventory valuation as per the above explained Prudence/ Conservatism principle.

7 0

3 years ago

The Acme Widget Company has found that if widgets are priced at s 389, then 1000 will be sold. They have also found that for eve

kvv77 [185]

Answer:

See the explanation below.

Explanation:

a. The number of widgets that will be sold

Let y represent the number of widgets that will be sold, and and we already have x as price of widget, we therefore have:

y - 1,000 = (-600/10) * (x - 389)

y - 1,000 = -60 * (x - 389)

y = 1,000 - [60 * (x - 389) ]

y = 1,000 - 60x + 23,340

y = 24,340 - 60x

b. The revenue generated by the sale of widgets

Let R represent Revenue, therefore we have:

R = xy

R = x(24,340 - 60x)

R = 24,340x - 60x²

c. The cost of producing just enough widgets to meet demand

Let C represent total cost, we therefore have:

C = 8,000 + 97.25y

C = 8,000 + 97.25(24,340 - 60x)

C = 8,000 + 2,367,065 - 5,835x

C = 2,375,065 - 5,835x

d. The proft from selling widgets

Let P represent profit, we therefore have:

P = R - C

P = 24,340x - 60x² - (2,375,065 - 5,835x)

P = 24,340x - 60x² - 2,375,065 + 5,835x

P = - 60x² + 30,175x - 2,375,065

e. Find the price that will maximize profits from the sale of widgets

Profit is optimum when dP/dx = 0

Therefore, we have

0 = - 120x + 30,175

120x = 30,175

x = 30,175/120 = $251.46

4 0

4 years ago