Answer:
$12,000
Explanation:
Margin of safety = Current sales level - Break even point
=(8,000 ×12) - (7,000 × 12)
= 96,000 - 84,000
= $12,000
Education expensive budget. That means. education investment property plan
Answer:
E) -2.50 ; inferior
Explanation:
Before you earned $3,500 per month, you consumed 7 units per month. That means that you consumed 1 unit every $500 earned.
When your income increased to $4,000, you only consumed 5 units per month. That means that your consumption decreased to 1 unit for every $800.
The income elasticity of demand using the midpoint method is calculated by using the following formula:
income elasticity = {change in quantity demanded / [(old quantity + new quantity) / 2]} / {change in income / [(old income + new income) / 2]}
= {-2 / [(7 + 5) / 2]} / {500 / [(3,500 + 4,000) / 2]} = (-2 / 6) / (500 / 3,750) = -0.333 / 0.133 = -2.5
Since the income elasticity of demand is negative, the good X is an inferior good.
Answer:
natural
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question this scenario depicts Fargo's concern for it's natural environment. This term refers to the natural resources that a company uses but may cause problems in increased pollution, as well as shortages in those materials, and regulatory intervention. Which in this scenario the resource in question is their thermal power consumption, which is why they are switching to wind power.
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