When a tax is placed on the buyers of cell phones, the size of the cell phone market <span>and the effective price received by sellers both decrease. When a tax is placed on the buyers of cell phones, the market doesn't really increase or decrease as those needing cell phones are still going to purchase and use them however the price that is received usually decreases because they aren't moving at a fast rate. It is likely that the amount of tax placed on them will have a say in how they increase or decrease within the market. </span>
Total variable cost is -44000 ,0, 244000.
TR = P * Q
TC = FC + VC
Profit = TR - TC
Price Q TR FC VC
10 6000 6000 * 10 = 60000 44000 =10 * 6000 = 60000
16 8000 16 * 8000 = 128000 44000 =10.5 * 8000 = 84000
40 12000 40 * 12000 = 480000 44000 =16*12000 = 192000
Profit
-44000
0
244000.
The main goal of a perfect competitor to maximize profits is to calculate the optimum production level where marginal cost (MC) = market price (P). As shown in the graph above, the point of profit maximization is where the MC intersects the MR or P.
This is the output when the marginal revenue from the last sold unit is equal to the marginal cost to produce it.
In order to maximize profits, companies need to produce in a place where marginal revenue and marginal cost are equal. The company's marginal production cost is $ 20 per unit. If the company produces 4 units, its marginal revenue is $ 20. Therefore, the company needs to produce 4 production units.
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They spend on labor 5625. based on the given situations.
Exertions fee ought to be around 20 to 35% of gross income. slicing hard work costs is a balancing act. locating methods to streamline labor costs is rooted in reducing costs without sacrificing personnel morale or productivity.
Hints from White-Hutchinson enjoyment and studying consulting institution say that restaurant labor costs ought to be available in at much less than 30% of sales, and food and exertions costs ought to be less than 60% of the revenue.
The labor-to-revenue ratio is a monetary analysis device that compares the amount of cash a business enterprise spends on its employees to the quantity of cash it makes in net sales. Dividing hard work value via net sales for a given duration yields this ratio. Multiplying the result through 100 converts it to a percentage.
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Answer:
C) Jamie is only entitled to the leave to take care of his daughter.
Explanation:
The Family and Medical Leave of 1993 applies to all public entities, schools, and businesses with 50 or more employees. In this case, Coffee-Ha-Ha is included since it has 61 employees (including Jamie).
This law provides employees with up to 12 weeks of unpaid leave for:
- Birth and care of the newborn child
.
- Placing a child for adoption or foster care.
- Take care of family member (spouse, <u>child</u>, or parent) with a serious health condition
- Take medical leave when unable to work due to a serious health condition.
Jamie cannot take a leave for taking care of his mother in law, but he can take an unpaid leave for taking care of his daughter.
The probability that the buyer of one ticket will win the lottery that is worth $10 million will be determined or calculated by dividing the number of tickets that a person has by the total number of tickets which were sold at a certain period. When this statement is translated to mathematical expression,
P = x / S
where P is the probability, x is the number of ticket bought by the winner (this number is already given to be 1), and S is the number of the sample (this is given to be 175175 million. Substituting the known values,
P = 1 / 175175 million
<em>ANSWER: 5.71 x 10^-12</em>
