1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mash [69]
3 years ago
13

If a fishing boat owner brings 10,000 fish to market and the market price is $7 per fish, she will have $70,000 in total revenue

. If the average variable cost of 10,000 fish is $4 and the fixed cost of the boat is $20,000, what is her profit
Business
1 answer:
Alex777 [14]3 years ago
6 0

Answer:

$10,000

Explanation:

Given that

Total revenue is $70,000

Total fixed cost is $40,000

And, the total variable cost is $10,000

According to the given situation, the computation of profit is shown below:-

Profit = Total Revenue - Total Fixed cost - Total variable cost

= $70,000 - (10,000 × $4) - 10,000

= $70,000 - 40,000 - 10,000

= $10,000

Therefore for computing the profit we simply applied the above formula.

You might be interested in
What could this sign is on the left side
Mnenie [13.5K]

Answer:

well the sign on the left showes a coffee and on the right they said twi dollars for the brewed coffee

4 0
2 years ago
Neot was just​ promoted, and what​ she's most excited about is that she now gets a corner office and a designated spot in the em
Delicious77 [7]

Answer:

Esteem needs.

Explanation:

An individual's esteem need according to Maslow is the need for respect, self esteem, status, and self confidence. Everyone wants to be valued and accepted by people, and this is esteem need. Esteem is an internal need but it is influenced by external environment when people validate and approve of a person.

North has just been promoted and along with this status change comes a corner office and a designated parking spot. This shows she is accepted and valued by the organisation.

3 0
3 years ago
What is one example of a planned economy?
Daniel [21]

Answer:

socialist economy

Explanation:

A planned economy is a system where the government or the central authority makes all major economic decisions. The government decides on the type and quantities of goods to produce and for whom to produce. In the planned economy, factors of production belong to the government. Manufacture of goods and services is motivated by service to the community, not profits.

A socialist economy is a good example of a planned economy. Just like in a planned economy, a socialist economy is characterized by heavy government involvement. The state controls the factors of production. Public service is the reason for economic production, while consumers do not have the liberty to choose products.

6 0
3 years ago
Who is candice tell me
lara [203]

Answer: im pretty sure shes the phineas and ferb character

Explanation:

4 0
3 years ago
Your grandfather put some money into an account for you on the day you were born. You are now 18 years old and are allowed to wi
raketka [301]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Value at 18= $4,909

Interest rate= 3%

To calculate the final value, we need to use the following formula:

FV= PV*(1+i)^n

A) Number of years= 7

FV= 4,909*(1.03^7)= $6,307.45

B) Number of years= 47

FV= 4,909*(1.03^47)= $19,694.39

C) Finally, we need to determine the original investment. We need to isolate the present value from the formula:

PV= FV/(1+i)^n

PV= 4,909/(1.03^18)

PV= $2,883.52

5 0
3 years ago
Other questions:
  • The company president does not believe that the formula should be altered for fear it will tarnish the company's brand
    12·1 answer
  • How many employees does a walmart have at one specific location?
    14·1 answer
  • In the circular flow of economic​ activity, there are two kinds of markets in which firms and households interact. In the fact
    9·1 answer
  • What would be the total cost of leasing a vehicle for four years that requires a security deposit of $1,000 (which would be with
    9·1 answer
  • 1.How does inertia affect a person who is not wearing a seatbelt during a collision?
    15·2 answers
  • Your business plan is a
    5·1 answer
  • Profits and losses play an important role in helping a. to signal to government which businesses are suffering losses so that th
    6·1 answer
  • O’Brien Brewery and Delgado Vintage Wines both decided to write off a specific customer’s uncollectible account as a bad debt ex
    7·1 answer
  • The GDP price index is multiple choice 3 computed for each industry sector. a measure of the price of a specified collection of
    14·1 answer
  • Sergio has decided to diversify his investments in the following way: $4,000 in an account earning 3. 2% simple interest $4,000
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!