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sergejj [24]
3 years ago
13

Suppose that Marie is buying bananas. She decides that she would like to purchase three bananas at the price of $0.25 per banana

, but not a fourth banana. Which of the five foundations of economics, illustrated above, best describes Marie's thinking? Choose one:
A. incentives
B. trade-offs
C. marginal thinking
D. opportunity cost
E. trade creates value
Business
1 answer:
Aliun [14]3 years ago
8 0
You’re answer would be B love!
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5b. MousePad Computer Company, in addition to its retail sales, conducts night classes in computer technology. MousePad has prov
monitta

Answer:

Net Income = $18,000

Explanation:

              MousePad Computer Company

       Contribution Margin Income statement

Revenue (120 students × $450)                                      = $54,000

Less: Variable expenses:

Student-related costs (120 students × $100) = $12,000

Administrative costs (120 students × $30)     = $ 3,600

Total variable expenses                                               <u>    =($15,600)</u>

Contribution Margin                                                          $38,400

Less: Fixed cost

Instructors salary (3 × $1,800)       = $ 5,400

Maintenance on building              = $15,000

<u>Total fixed cost                                                                 =$(20,400)</u>

Net Operating Income                                                    =$18,000

Note:

Students cost is a variable expense, because if we decrease the student's number, the revenue and expenses will decrease proportionately. Moreover, the company is getting profit from the students.

8 0
3 years ago
he Alford Group had 220,000 shares of common stock outstanding at January 1, 2018. The following activities affected common shar
cricket20 [7]

Answer:

Consider the following calculation

Explanation:

1. Determine the 2018 EPS.

EPS = Net Income / Weighted Average number of shares

Numerator

Net Income = $15,90

Denominator

Weighted Average number of shares = 2,20 – (24x10/12) + (24x2/12) + (96x1/12)

= 2,52 Shares

EPS 2018 = $15,90 / 2,52 Shares

= $6.31 per share

2. Determine the 2019 EPS.

Numerator

Net Income = $15,90

Denominator

Weighted Average number of shares

=[ 2,20 – 24 + 24 + 96 ] x 2 Stock Split

= 6,32 Shares

EPS 2019 = $15,90 / 6,32 Shares

= $2.52 per share

3. At what amount will the 2018 EPS be presented in the 2019 comparative financial statements?

Numerator

Net Income = $15,90

Denominator

Weighted Average number of shares

= 2,520 x 2 Stock split

= 5,04 Shares

EPS = $15,90 / 5,04

= $3.15 per share

8 0
3 years ago
Your manager, Felix Young, wants to know why your estimate of the time it will take to get an MRP system up and running is so lo
Svet_ta [14]

Answer: MRP is a term used in data warehousing to refer to a system that is used to process the day-to-day transactions of an organization. These systems are designed in a manner that processing of day-to-day transactions is performed efficiently and the integrity of the transactional data is preserved.

Explanation: Based on the findings from Young it showed that his management runs an inefficient system that has no accountability and modes of operation  in bench marking staff operations on a daily and monthly basis. 2. Records for business transactions should be automated to cushion fraudulent practice from staff or management.

3 0
3 years ago
The era in marketing history characterized by the notion that the consumer is king is known as the ________ era.
marta [7]

Answer:

The Selling Era

Kotler refers to this as businesses "selling what they make, rather than making what the market wants to buy." ... Selling-era tactics can be risky for companies, as the hard sell can turn off consumers, perhaps even push them into the arms of a competitor.

Explanation:

6 0
2 years ago
Mary's bakery is trying to determine what price to charge for her cookies, so mary places a low price on them and raises it each
AfilCa [17]
The answer is that, "Mary was conducting an experiment".
Mary has done the experiment by raising the price of cookies every week, and when her experiment finished, she concluded a result from her experiment about the price of cookies which is more profitable. So in daily life we do many experiments to get conclusion from them sometimes it takes more time some times less.
3 0
3 years ago
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