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max2010maxim [7]
2 years ago
7

The quantity demanded x (in units of a hundred) of the Mikado miniature cameras per week is related to the unit price p (in doll

ars) by p = −0.2x2 + 220 and the quantity x (in units of a hundred) that the supplier is willing to make available in the market is related to the unit price p (in dollars) by p = 0.1x2 + 8x + 110. If the market price is set at the equilibrium price, find the consumers' surplus and the producers' surplus. (Round your answers to the nearest dollar.)'

Business
1 answer:
Pepsi [2]2 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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The average cost of production for a bottle of vitamin water in the industry is $4 while its average price is $7. StoreAll Inc.
VMariaS [17]

Answer:

The correct answer is option A.

Explanation:

The average cost of production for a bottle of vitamin water in the industry is $4 while its average price is $7.

StoreAll Inc. manufactures the same product for $3 per bottle and sells it for $7 per bottle.

The store Inc manufacturers is able to produce at a lower cost than the other firms. This implies that it has a competitive advantage in the production of mineral water.

Competitive advantage refers to the conditions that help a firm outperform its competitors.

8 0
2 years ago
the ongoing responsibilities of the security manager. What other components of security management, as outlined by this model, c
Allushta [10]

Answer: the other components that can be used include risk assessment, quality assurance check, strategic security frameworks and mode of governance.

Explanation:

Security management is simply a process that involve identification of an organisation's assets including the employees, customers, machines, Information assets followed by means to protect these assets. Organizations use these security management procedures and implementation to check risk, quality and threats.

Security manager should be a manager with the following attributes ;

- to implement a decent security/plan

- to lead actively

- to organise and control security function.

-to implement a good quality assurance check.

3 0
3 years ago
Sheffield Corp. determines that 53000 pounds of direct materials are needed for production in July. There are 3100 pounds of dir
zvonat [6]

Answer:

Budgeted total cost of Direct Material purchases ($) =$ 157,800

Explanation:

<em>Raw material purchase budget is determined by adjusting the raw material usage budget for opening and closing inventory of materials. </em>

Purchase budget = usage budgeted + closing inventory - Opening inventory

Material purchase budget = 53,000 + 2,700 - 3,100= 52,600  pounds

Note the closing inventory represents the stock of materials needed to be kept, hence it will increase the purchase budget. So we added.

On the other hand hands, the opening inventory represented what already existed , hence we subtracted it as it will reduce what will be required.

Material purchase budget ($) = purchase budget in quantity × standard price per quantity

Material purchase budget = 52,600 × $3 = $ 157,800

Budgeted total cost of Direct Material purchases ($) =$ 157,800  

8 0
3 years ago
Kordel Inc. acquired 75% of the outstanding common stock of Raxston Corp. Raxston currently owes Kordel $500,000 for inventory a
Nady [450]

Answer:

what amount of Raxston’s liability should be eliminated? d.$500,000

Explanation:

At different levels of the consolidation, certain intercompany payables and receivables balances must be eliminated. Eliminations are only required in the context of a consolidation where the trading parties are both included in a given consolidation.

8 0
3 years ago
according to the basic dcf stock valuation model, the value an investor should assign to a share of stock is dependent on the le
Temka [501]

Answer:

T

Explanation:

7 0
2 years ago
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