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Harman [31]
3 years ago
14

Based on the influence chart below, the decision variable(s) for this model a. Price and elasticity b. Price and fixed cost c. P

riced. Elasticity and fixed cost
Business
1 answer:
Troyanec [42]3 years ago
7 0

Price is the decision variable in the given model.

Answer: Option C.

<u>Explanation:</u>

For a model which is related to the field of commerce and affects a particular organisation or a firm, for that price is the most important factors. Because fixing the price at a particular level will help the firm earn profits and maintain position in the market.

Price is the cost of the product which is available to the customers in the market. The consumers have to pay that price to get a particular quantity of that particular product.

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Why does the risk of incorrect rejection result in an efficiency loss to the auditor?
Sever21 [200]
© 2017 Quizlet Inc.
8 0
3 years ago
ssume that interest rate parity exists. You expect that the one-year nominal interest rate in the U.S. is 7%, while the one-year
EleoNora [17]

Answer:

The answer is A. $5,784,000

Explanation:

[(1.08)/(1.11)] -1 = -3.6%

Thus one year forward rate is 0.60*[1 +(0.036)] = $5784

$5784 * 10 000 000= <u>$5,784,000</u>

8 0
3 years ago
What percentage profit is made on a sale if the selling price is $225,000 and the purchase price is $190,000?
IgorLugansk [536]

The percentage profit = 18%

A profit is made on sale with selling price more than the purchasing price. The purchasing price is also known as the cost price.

Given the selling price = $225000

and the purchasing price = $190000

Since the selling price is more than the purchasing price, there is obviously a profit gained.

Now profit amount = Selling price - Purchasing price

                                = 225000-190000 = $35000

Profit percentage = (Profit / Purchasing price) x 100%

                             = (35000 / 190000) x 100%

                             = 18.42%

Learn more about profit at brainly.com/question/19104371

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5 0
2 years ago
Run Like the Wind sells ceiling fans. Target profit for the year is $470,000. If each fan's contribution margin is $32 and fixed
PSYCHO15rus [73]

Answer:

c. 21,645

Explanation:

The computation of number of fans required to meet the company's goal is shown below:

= (Fixed cost+ target profit) ÷ (Contribution margin per unit)  

= ($222,640 + $470,000) ÷ ($32)

= ($692,640) ÷ ($32)

= $21,645

The contribution margin per unit = Selling price per unit - Variable expense per unit  

Therefore, the number of fans equal to $21,645  

We calculated by above formula.

4 0
3 years ago
Food Packaging, Inc., agrees to sell 50,000 6-ounce yogurt containers to Golden Dairy Company. Food can obtain only 20,000 of th
posledela

Answer:

Option C.

Explanation:

From the scenario presented above, Golden is not in any way liable for the inability to supply the total quantity of the 6-ounce yogurt containers, therefore, Golden can choose to reject the delivery of the 8-ounce containers.

Also, Golden can give Food Packaging a reasonable amount of time to enable them replace the containers, of Golden is not in a hurry to begin production and packaging.

5 0
3 years ago
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