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3 years ago

What prompted reed Hastings to start Netflix

2 answers:

5 0

I read in a book about Netflix that Reed Hastings was prompted to start Netflix when he had a large overdue (Around $40 in fees) for a DVD.

Rudiy273 years ago

5 0

The correct answer is: He got a big late fee for a movie rental.

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A market maker faces the following demand and supply for widgets. Eleven buyers are willing to buy at the following prices: $15,

beks73 [17]

Answer:

maximum profit ($30 in total) is obtained by selling 5 units

Explanation:

if the market maker buys and sells one unit, his/her profit = $15 - $5 = $10
if the market maker buys and sells two units, his/her profit = $10 + ($14 - $6) = $18
if the market maker buys and sells three units, his/her profit = $18 + ($13 - $7) = $24
if the market maker buys and sells four units, his/her profit = $24 + ($12 - $8) = $28
if the market maker buys and sells five unit, his/her profit = $28 + ($11 - $9) = $30

the maximum profit per unit is obtained by selling only 1 unit, but the total maximum profit is obtained by selling 5 units.

3 0

3 years ago

Mongar Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhe

Monica [59]

Answer:

Variable overhead variance = $1,440 unfavorable

Explanation:

The variable overhead efficiency variance is the difference between the actual hours and the standard hours for the actual output valued at the standard variable overhead rate per hour.

Machine hours

standard hours for the actual output 4,190

Actual hours 4,350

Efficiency variance 160 unfavorable

Standard rate per hour(see note) × $9

Variable overhead variance 1,440 unfavorable

Standard variable rate per machine hour

= Budgeted overhead cost/Budgeted machine hour s

= $37,800/4,200 hours =$9 per machine hour

Variable overhead variance = $1,440 unfavorable

4 0

3 years ago

What factor has the greatest impact on your credit score

PilotLPTM [1.2K]

I'd assume loans or credit debt.

8 0

3 years ago

Read 2 more answers

Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company’s most recent monthly contribution fo

nadya68 [22]

Answer:

If linen department is dropped operating income of the company will decrease.

Explanation:

That is because the cotrollable margin of the department is positive:

controllable margin = contribution margin - controllable fixed costs

$605,000-($800,000-380,000) = 185,000

That means that the Linen department helps to reduced fixed cost that are not generated by this department and that will keep existing wether the department is closed or not.

In addittion the Hardware department will loose 19% of its sales if the Linen department is closed. Thus will result in a reduction of the cntribution margin of the hardware deparment too.

Download xlsx

3 0

3 years ago

What is the expected impact of increased security measures imposed by the federal government on airlines and consumers? Instruct

Kipish [7]

Answer:

It will increase price for consumers, as well as cost for airlines (due to increased demand & supply)

Explanation:

Markets are at equilibrium when market demand = market supply.

If federal government imposes more safety measures on airlines & consumers. Cost for airlines rise due to increased security expenditures, so supply decreases (shifts leftwards). Customers might feel safer amidst more personal & organisational security measures, so demand increases (shifts rightwards).

Both these factors lead to increase price for consumers, as well as cost for airlines

3 0

4 years ago