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zalisa [80]
3 years ago
5

Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $20 per pound and costs $15.75

per pound to produce. Product D would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. ​ What is the differential cost of producing Product D? a. $6.50 per pound b. $8.55 per pound c. $5.25 per pound d. $17.00 per pound
Business
1 answer:
blagie [28]3 years ago
7 0

Answer:

$8.55

Explanation:

Differential cost is the difference between the two alternatives cost of production.

The management may decide to improve the features and quality of a particular product so as to sell it at a higher price and earn more revenue.

The additional cost incurred to arrive at this new feature , also known  as the incremental cost is the differential cost

In the scenario given , the additional cost is $8.55 as stated.

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Research shows that ____ is the number one reason cited for why organizations invest in information technology projects.
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Answer:

D

Explanation:

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3 years ago
Farrell wants to retire in six years. To have sufficient assets to fund retirement, Farrell needs to accumulate an additional $4
Mademuasel [1]

Answer:

$73,070.5

Explanation:

Inflation erodes the value of money. It makes more quantity of money to required to buy the same basket of food and services in the future.

With inflation, to calculate the the quantity of Dollars needed in n years time, we use the formula;

Inflated amount = h × (1 + f)^n

h= amount required today, f - inflation rate, n- number of years

So if Farrell needs $400,000 in 6 years time in real terms, with an inflation of 5% per year, he would need to have a quantity of money equal to

1.05^6 × 400,000 = $536,038.3.

To provide for $536,038.3  in 6 years time, he would need to contribute into a sinking fund on a yearly basis, an equal amount denoted as "A" in the formula below:

FV = A ×  ((1+r)^n  - 1)/r

FV - 536,038.3, r - 8%, n = 6

536,038.3 = A × ((1+0.08 )^(6) - 1)/0.08)

536, 038.3 = A × 7.3359

536,038.3/7.3359 = A

$73,070.5  = A

Farrell should invest at the end of every year

$73,070.5

7 0
3 years ago
Information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes pa
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Answer:

A. True

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The term business intelligence refers to the plans, process through which the raw data is to be converted into meaningful information that became relevant for the ethical decision making so that the goals and the objectives of the company could be accomplished.  

Data + Process = Information

Collection of information through internal and external parties would also help to analyze the trends, patterns for better decision making.  

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5 0
3 years ago
Age, income level, education, and buying habits are all components of the ____.
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That is all part of demographics
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3 years ago
When the price of a bar of chocolate is $1.00, the quantity demanded is 100,000 bars. When the price rises to $1.50, the quantit
Bas_tet [7]

Answer:

a. -1.25

b. -1.25

Explanation:

Price elasticity is used to measure the change in demand as a result of a change in price.

Formula is;

= % change in Quantity/ % change in Price

a. Suppose the price increases from $1.00 to $1.50. The price elasticity of demand is:

% change in Quantity using the midpoint formula;

=\frac{Q2 - Q1}{\frac{Q1 + Q2}{2} } \\\\= \frac{60,000 - 100,000}{\frac{100,000 + 60,000}{2}} \\\\= -0.5

% Change in Price using midpoint formula

=\frac{P2 - P1}{\frac{P1 + P2}{2} } \\\\= \frac{1.5 - 1.00}{\frac{1.00 + 1.50}{2} } \\\\= 0.4

= -0.5/0.4

= -1.25

b. Suppose the price decreases from $1.50 to $1.00. The price elasticity of demand is:

% change in Quantity using the midpoint formula;

=\frac{Q2 - Q1}{\frac{Q1 + Q2}{2} } \\\\= \frac{100,000 - 60,000}{\frac{100,000 + 60,000}{2}} \\\\= 0.5

% Change in Price using midpoint formula

=\frac{P2 - P1}{\frac{P1 + P2}{2} } \\\\= \frac{1.00 - 1.50}{\frac{1.00 + 1.50}{2} } \\\\= -0.4

= 0.5/-0.4

= -1.25

7 0
3 years ago
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