Answer:
Bargain Electronics
Bargain Electronics would realize a net income of $6,000 by accepting the special order.
Explanation:
a) data and Calculations:
Production costs of MP3 Player:
Variable cost = $20
Fixed cost = $10
Total costs = $30
Selling price = $45
Special order from a foreign wholesaler = 3,000 units
Special order selling price = $25 per unit
Additional special shipping costs per unit = $3
Variable production costs = $20
Total costs for the special order = $23 ($3 + $20)
Net income from special order = $6,000 ($2 * 3,000)
Answer:
a. the cost of reducing it's existing pollution by one unit.
Explanation:
Marginal cost refers to the addition to total cost when one more unit of output is produced. Marginal cost in the given case would refer to the additional cost incurred for reducing the current pollution level by one unit.
In the given case, a firm is charged $250 for each unit of pollution emitted under the pollution tax option.
It is also stated that all the firms experience increasing marginal costs of pollution reduction.
This means, as additional units of pollution are reduced, the additional costs would go on increasing.
If a firm finds that, reducing 1 unit of pollution from the current level costs it equal or more than $250, it will opt to pay $250 since, for each subsequent unit of pollution reduction, the additional costs would rise.
<span>Solution:
Total cost of van = market cost of van + 6% sales tax on market cost + document verification fees
6% sales tax on market cost = market cost x 0.06 = 26857 x 0.06 = 1611.42
Total cost of van = 26857 + 1611.42 + 250 = 28,718.42
20% of total cost of van = 5843.684
Remaining amount = Total cost of van - initial financing = 22,974.74 dollars
Hence 22,974.74 dollars is the total amount that Williams family is financing.</span>
Answer: $100 million
Explanation:
National Income (GDP) for a close nation is calculated as:
= Consumption + Investment + Government spending
Making investment the subject would give us:
Investment = GDP - Consumption - Government spending
= 400 - 150 - 150
= $100 million
