Why are more technology companies based in the San Francisco Bay Area than in any other part of the country?

C. If the marginal cost of a gallon of milk increases, how will the household respond?

Stella [2.4K]

Answer:

If the marginal cost of a gallon of milk increases, how will the household respond?

C. The household will continue to consume the same amount.

Explanation:

The increase in the marginal cost of a gallon of milk will not greatly alter the quantity of milk consumed by a typical household. At this initial point when the marginal cost of a gallon of milk increases, the household is not affected because the seller has not shifted the cost to consumers. Even when the marginal cost increase is shifted to the consumers, the quantity required by the household remains the same. What may likely change at that stage is that the price at which the a household buys a gallon of milk increases marginally. The marginal increase will not distort demand for milk but households can change brands and not the quantity of milk, or at worst, they pay a higher price for a gallon.

5 0

4 years ago

The plant union is negotiating with the Eagle Company, which is on the verge of bankruptcy. Eagle has offered to pay for the emp

nexus9112 [7]

Answer:

d. a., b., and c.

Explanation:

Reduction in pay (a) Marginal tax (b) Reduction in tax (c = a x b)

A. $5000 0.28 $1,400

B. $4000 0.15 $600

C. $6000 0.35 $2100

Reduction in After-tax Income (d = a - c)

A. $3,600

B. $3,400

C. $3,900

this means that all the above a, b, and c options are correct because in all the three cases, the reduction in after-tax pay of the employee will be less than $4000 value of the nontaxable insurance premium to be paid by the employer which would ultimately benefit the employee.

7 0

4 years ago

Carl purchased an apartment complex for $2.6 million on March 17 of year 1. of the purchase price, $1,050,000 was attributable t

Olin [163]

Answer:

total depreciation year 1 = $71,358

total depreciation year 2 = $80,358

Explanation:

Land cannot be depreciated, therefore Carl can only depreciate the building's cost = $2,600,000 - $1,050,000 = $1,550,000

Rental property can be depreciated at a fixed rate of 3.636% per year during 27.5 years. Depreciation per year for the building = $56,358

Furniture on rental property can be depreciated on a 5 year basis using a MACRS table and half year convention:

depreciation year 1 = 20% x $75,000 = $15,000

depreciation year 2 = 32% x $75,000 = $24,000

total depreciation year 1 = $56,358 + $15,000 = $71,358

total depreciation year 2 = $56,358 + $24,000 = $80,358

8 0

3 years ago

At an appliance store, the price of a refrigerator is marked up 25% to $406. 25. What was the price of the refrigerator before t

Triss [41]

The price of the refrigerator before markup will be $325. This can be calculated by reversing the markup in the price of the refrigerator.

<h3>What is Markup?</h3>

Markup basically refers to the difference between the selling price of a good and its cost. The markup is generally expressed as a percentage and is added to the cost of the good to ensure cost cover and earn profit.

For the given question, the before markup price can be calculated as:

Given:

$\rm \:\:After\: markup\:price = \$406.25\\\\Markup\:percentage\:\: = 25\%$

Makeup is the addition to the original price of a good. The after markup price can be taken as 100% + 25% = 125% of original price.

Then original price can be calculated as:

$\rm x = \$406.25 \times \dfrac{100}{125}\\\\x = \$325$

Therefore the before markup price is $325.

Learn more about markup here:

brainly.com/question/5189512

5 0

3 years ago

A product has annual demand of 10,000 units. The plant manager wants production to follow a four-hour cycle. Based on the follow

sweet [91]

Answer:

Based on the data, the holding cost per unit per year that will enable the desired production cycle is:

= $18.00.

Explanation:

a) Data and Calculations:

Annual demand of the product = 10,000 units

Demand per day, d = 40 (10,000/250) units

Given days in a year = 250 days

Production, p per day = 200 units

Ordering cost, S = $7.20 per order

Q (demand for four hours or half a day) = 20 units (40/2) following a four-hour cycle

Number of orders = 10,000/20 = 500

Total ordering costs = $3,600 (500 * $7.20)

Since EOQ = Q = 20 units

20 = Square root of (2*D*S)/H

Where:

D = Annual demand

S= Ordering cost

H = Holding cost

20 = Square root of (2 * 10,000 * $3,600)/H *10,000

20 = Square root of 72,000,000/(H * 10,000)

Substituting H with $18

= Square root of 72,000,000/180,000

= Square root of 400

= 20

7 0

3 years ago