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kifflom [539]
4 years ago
14

The manager of a store that specializes in selling tea decides to experiment with a new blend. She will mix some Earl Grey tea t

hat sells for $ 6$6 per pound with some Orange Pekoe tea that sells for $ 4$4 per pound to get 400400 pounds of the new blend. The selling price of the new blend is to be $ 4.50$4.50 per​ pound, and there is to be no difference in revenue from selling the new blend versus selling the other types. How many pounds of the Earl Grey tea and Orange Pekoe tea are​ required?
Business
1 answer:
Lelechka [254]4 years ago
3 0

Answer:

Amount of Grey tea = 100 pounds

Amount of Orange Pekoe tea = 300 pounds

Explanation:

let G = amount of Grey tea

let 400 - G = amount of Orange Pekoe tea

6G + 4 (400 - G) = 4.5 x 400

6G + 1,600 - 4G = 1,800

2G = 1,800 - 1,600 = 200

G = 200 / 2 = 100

400 - G = 400 - 100 = 300

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Marizza181 [45]

Grande communications offers a lower price to customers who subscribe to Grande television, telephone, and internet services all at once. This is an example of price bundling.

Price bundling is a pricing strategy where companies package separate products together and offer them at a single typically lower price in order for higher sales and profit.

Price bundling is very common these days as it is seen that these days there are various companies who sell two products together at a lower price than the sum of the individual price of each product. Thus, by this they sell two products and make their sales.

Hence, Grande communications offers a lower price to customers whoever subscribes to Grande television, telephone, and internet services all at once.

To learn more about Price bundling here:

brainly.com/question/23175408

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8 0
2 years ago
William Ackman is a hedge fund manager who owned a large share of J.C. Penney stock. He was also a member of the J.C. Penney boa
Ksju [112]

Answer:

The capital market stakeholders and organisational stakeholders.

Explanation:

In this scenario William Ackman owned a large share of J.C. Penney stock, and also a member of the J.C. Penney board.

He had disclosed information about the company which was in breach of his boardroom duties.

There is a conflict for William in his roles as a capital market shareholder and a organisational stakeholders.

As a shareholder he has the freedom to disclose information about the company, but as a organisational stakeholders his obligation is to protect the company by not disclosing information about the CEO search and financial condition of the company.

7 0
3 years ago
A new machine with a purchase price of $109,000, with transportation costs of $12,000, installation costs of $5,000, and special
Marta_Voda [28]
<span>The machine would have a cost basis of $80,000 - $86,000. All business owners must gain profit from the products that they sell by ensuring that their capital will be returned to them. Putting such costing price gives the owner the capital gains as well as earning back the expenses that he has shelled out in order to purchase the machine to be sold in the market. <span>
</span></span>
8 0
3 years ago
Gordin Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-d
gizmo_the_mogwai [7]

Answer:

1. b) $2 U

2. d) $2800 F

3. a) $6920 F

4. d) $10253 F

Explanation:

1) The activity variance for administrative expenses in May would be closest to: (3000-3020)*.10 = 2 U

Therefore, answer is b) $2 U

2) Revenue variance = (38*4100)-158600 = 2800 F

Hence, answer is d) $2800 F

3) Revenue variance = (5940*32.60)-200564 = 6920 F

So answer is a) $6920 F

4) Spending variance for plane operating costs = (39590+2649*85+4*297)-255690 = 10253 F

So answer is d) $10253 F

8 0
3 years ago
What is one counter-argument to the premise that the wealth gap is a serious problem which needs to be addressed? the lower clas
VladimirAG [237]

The investments by the upper class that creates lower-class jobs is the counter-argument on wealth gap that needs to be addressed.

<h3>What is a wealth gap?</h3>

This refers to the gap that classifies the group of people based on their earned income and wealth.

The statement that "Investments by the upper class create lower-class jobs" need to be addressed because it is a true statement about the condition of every economy.

Therefore, the Option C is correct.

Read more about wealth gap

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5 0
2 years ago
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