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babymother [125]
3 years ago
10

Marilyn​, a medical ​student, buys two cups of coffee a​ day, which costs her ​$5.00. She decides to buy one more cup each day a

nd her expenditure on coffee increases to ​$7.50. The marginal cost to Marilyn of a cup of coffee is​ _______.
Business
1 answer:
PSYCHO15rus [73]3 years ago
8 0

Answer:

The marginal cost to Marilyn of a cup of coffee is $2.50

Explanation:

Marginal cost = change in cost/change in quantity = $7.50 - $5.00/3 - 2 = $2.50/1 = $2.50

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Suppose Happy Dog Soap Company is evaluating a proposed capital budgeting project (project Beta) that will require an initial in
Alekssandra [29.7K]

Answer:

-$1,878,086.608

Explanation:

The computation of the net present value is shown below;

             (in dollars)                                         (in dollars)

Year Cash flows Discount factor Present value  

0             -3225000              1                             -3225000  (A)

1              275000           0.9259259259           254629.630

2             475000           0.8573388203           407235.940

3             400000           0.793832241               317532.896

4             500000           0.7350298528          367514.926

Total                                                                   1346913.392  (B)

Net present value                                           -$1,878,086.608 (A - B)

This is the answer but the same is not provided in the given options

5 0
3 years ago
Using the rule of 70, how many years will it take an investment to double if the return is 88 %? Round your answer to two decima
solong [7]

Answer:

It will take 8.8 years to double the investment given an interest rate of 8.8% annually.

Explanation:

Giving the following information:

Interest rate= 8.8%

<u>The rule of 70 is a means of estimating the number of years it takes for an investment or your money to double. </u>We will use the following formula:

<u></u>

Number of Years to Double= 70/Annual Rate of Return

Number of Years to Double= 70/8.8

Number of Years to Double= 7.95

It will take 8.8 years to double the investment given an interest rate of 8.8% annually.

7 0
3 years ago
Firms who are attempting to engage in price discrimination will offer customers with a​ ________ demand a higher price and custo
djyliett [7]

Answer: Less elastic

More elastic

 

Explanation: Price discrimination in simple words is the situation in which  the producer of the commodity charges different prices from different individuals for the same commodity.

If the demand for a particular commodity is less elastic for a consumer, then there is high chance that he will not shift his demand to other product due to high price.

But a more elastic demand suggest that the consumer is not very used to for the product and can shift demand from high prices.

Thus, firms will charge high prices from less elastic customer and low prices from more elastic customers.

3 0
3 years ago
The following information was taken from the most recent balance sheet of Collectible Calendars, Inc.: Cash &amp; Cash Equivalen
Sindrei [870]

Answer:

1.130

Explanation:

Given:

Cash & Cash Equivalents = $32,000

Short-term Investments = $8,000

Current Receivables (Net) = $64,000

Current Liabilities = $92,000

Now,

The quick ratio is the ratio of the sum of the cash, cash equivalents and net receivables to the current liability of a firm

Therefore,

for the given question

quick ratio = \frac{\$32,000 + \$8,000 + \$64,000}{\$92,000}

or

quick ratio = \frac{\$104000}{\$92,000}

or

quick ratio = 1.130

7 0
3 years ago
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses ma
liq [111]

Answer: $450,000

Explanation:

From the question, we are told that the activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $560 per batch and that Product X has machine hours of 3,000.

Machining cost assigned to poduct X will be gotten by multiplying the machine hours by the activity rate per machine hour. This will be:

= 3000 × $150

= $450,000

4 0
3 years ago
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