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mars1129 [50]
2 years ago
8

In which of the following scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense?

Business
1 answer:
solong [7]2 years ago
7 0
You have no insurance.
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The daily profit p in dollars of a company making tables is described by the function upper p left parenthesis x right parenthes
Assoli18 [71]

The following equation of parabola is given:

p(x)= - 5 x^2 + 240 x - 2475

where p(x) = y

This is a standard form of the parabola. We need to convert this into vertex form of equation. The equation must be in the form:

y – k = a (x – h)^2

Where h and k are the vertex of the parabola. Therefore,

y = - 5 x^2 + 240 x - 2475

y = -5 (x^2 – 48 x + 495)

Completing the square:

y = -5 (x^2 - 48 x + 495 + _) - (-5)* _

Where the value in the blank _ is = -b/2

Since b = -48        therefore,

y = -5 (x^2 – 48 x + 495 + 81) + 405

y – 405 = -5 (x^2 – 48 x + 576)

y – 405 = -5 (x – 24)^2

Therefore the vertex is at points (24, 405).

The company should make 24 tables per day to attain maximum profit.

4 0
3 years ago
Fremont Enterprises has an expected return of 12 % and Laurelhurst News has an expected return of 24 %. If you put 56 % of your
Savatey [412]

Answer:

     = 18.7%

Explanation:

<em>A portfolio is a collection of assets/ investment. The return on a portfolio is the weighted average of all the return of the individual assets weighted according to the percentage of total funds allocated to each assets.</em>

Expected return on portfolio:

E(R) =(  Wa*Ra) + (Wb*Rb)

  Wa   =   56%   ,   Wb = 100-56 = 44%

Ra = 12%, Rb = 24%

E(R) = (0.56*24%) + (0.44× 12%)

       = 18.7%

8 0
2 years ago
A profit-maximizing firm operates in purely competitive product and resource markets, with the following resource and production
andrew11 [14]

Answer:

b) 5

Explanation:

W TP MP MRP

1 100  

2 190 90 900

3 270 80 800

4 340 70 700

5 400 60 600

6 450 50 500

7 490 40 400

8 520 30 300

the marginal product of n labor = (total product of n labor - the total product of p labor)/(n-p)............(n>p)

Marginal revenue product = marginal product*price

the firm employ input up to marginal revenue product equal to the wage

MRP = wage or closest lower wage

where W = 5

the firm will higher 5 workers.

7 0
3 years ago
Read 2 more answers
McConnell Corporation has bonds on the market with 18 years to maturity, a YTM of 9.8 percent, a par value of $1,000, and a curr
djyliett [7]

Answer:

13.70%

Explanation:

We use the PMT formula which is to be shown in the attachment

Given that,  

Present value = $1,326.50

Future value = $1,000

Rate of interest = 9.8%  ÷ 2 = 4.9%

NPER = 18 years × 2 = 36 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the PMT is

= $68.48  × 2

= $136.92

Now the coupon rate is

= $136.92 ÷ $1,000

= 13.70%

4 0
3 years ago
Opal Company manufactures a single product that it sells for $100 per unit and has a contribution margin ratio of 30%. The compa
yarga [219]

Answer:

$490,000.

Explanation:

To find out sales of Opal Company we will use below equation,

Sales = Variable cost + Fixed cost + Target profit

variable cost margin will be (1 - contribution margin)

= 0.7 (1 - 0.3)

we will consider sales as x,

x = 0.70x + $49,000 + 0.20x

x = 0.90x + $49,000

x - 0.90x = $49,000

x = $49,000 / 0.10

x = $490,000.

Sales = $490,000.

7 0
3 years ago
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