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
liubo4ka [24]
4 years ago
6

Mr. and Mrs. Atoll are planning a party for 10 people and want to make sure they have enough soda for everyone to have two bottl

es. Which of the following makes the most economic sense?1. 20 bottles of soda at $1.50 each2. 4 six-packs of soda at $5.00 each3. one case of 24 sodas at $18.504. two cases of 24 sodas at $18.50 each
Business
1 answer:
Rama09 [41]4 years ago
8 0

Answer:

3. one case of 24 sodas @ $ 18.50

Explanation:

The question requires that the hosts need to have enough to have two sodas each. The number of guests being 10, the requirement is to have 20 sodas.

Now comparing the various pack sizes available:

1. 20 sodas $ 1.50 per bottle, Total cost $ 30, per serving cost $1.50

2. 4 6 packs @ $ 5 each. Total cost $20, Per serving cost $0.83

3. 24 soda case @ $18.5. Total cost $ 18.50, Per Serving costs $ 0.77

4, 2 x 24 soda cases @ 18.50. Total Cost $ 37.00 Per serving costs $ 0.77

The per serving costs are the same in 3 & 4 above, however, since the requirement is to have 20 sodas and the overall costs as well as the per serving costs is the best in option 3, this is the preferred option.

You might be interested in
Suppose a tire manufacturer wants to set a mileage guarantee on its new XB 70 tire. Tests revealed that the tire's mileage is no
kogti [31]

Answer:

The manufacturer should announce a guaranteed mileage of 44528 miles

Explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

\mu = 47900, \sigma = 2050

What guaranteed mileage should the manufacturer announce

Only until the 5th percentile will have to be replaced, which is the value of X when Z has a pvalue of 0.05. So it is X when Z = -1.645.

Z = \frac{X - \mu}{\sigma}

-1.645 = \frac{X - 47900}{2050}

X - 47900 = -1.645*2050

X = 44528

The manufacturer should announce a guaranteed mileage of 44528 miles

6 0
3 years ago
Read 2 more answers
​If your long-run costs exhibit increasing returns to scale,securing big orders leads you to:__________
kolbaska11 [484]

Answer:

Option B, Reduce average costs, is the right answer.

Explanation:

Option B is correct because if there is an increasing return to scale that means the firm is using additional inputs and the use of these inputs increases the output in greater proportionate than the proportionate increase in inputs. Moreover, the output of the company will increase. Consequently, the total cost will also increase but the average cost of production will fall.

4 0
4 years ago
Assume that demand increases from D1to D2; in the new long run equilibrium, price settles at a level between P1and P2This means
aksik [14]

Answer:

The answer is B. Increasing

Explanation:

An increasing-cost industry is an industry whose costs for production increase as more companies compete.

Why is this so? - This is because each new company in the industry increases its demand for supplies and factors needed for production.

A decreasing‐cost industry is one where costs of production reduces as the industry expands.

6 0
4 years ago
Given the following information, compute accounts receivable turnover. Gross sales $150,000 Accounts receivable, beginning of ye
STatiana [176]

Answer:

6.75

Explanation:

Given that,

Gross sales = $150,000

Accounts receivable, beginning of year = $18,000

Sales = $135,000

Accounts receivable, end of year = $22,000

Average accounts receivables:

= (Beginning AR + Ending AR) ÷ 2

= ($18,000 + $22,000) ÷ 2

= $40,000 ÷ 2

= $20,000

Accounts receivable turnover:

= Sales ÷ Average accounts receivables

= $135,000 ÷ $20,000

= 6.75

Note: Accounts receivable, end of year is missing from the question. It is amounted to $22,000.

5 0
3 years ago
Profit or Loss on New Stock Issue Security Brokers Inc. specializes in underwriting new issues by small firms. On a recent offer
ExtremeBDS [4]

Answer and Explanation:

The computation of profit or loss is shown below:

The formula used is

= (Price × number of shares) - proceeds to Beedles - out of pocket expenses

a. For $5 per share

= ($5 × 3 million shares) - $14,000,000 - $340,000

= $15,000,000 - $14,000,000 - $340,000

= $660,000

b. For $6.25 per share

= ($6.25 × 3 million shares) - $14,000,000 - $340,000

= $18,750,000 - $14,000,000 - $340,000

= $4,410,000

c. For $5 per share

= ($4.25 × 3 million shares) - $14,000,000 - $340,000

= $12,750,000 - $14,000,000 - $340,000

= -$1,590,000

5 0
3 years ago
Other questions:
  • It is generally agreed internationally that the one thing that can most readily undermine equity, efficiency and integrity in th
    10·1 answer
  • Torque Engine Company is considering opening a plant in China. It will cost $3,500,000 to set up the plant and $750,000 to train
    8·1 answer
  • Galaxy Inc. has a tax burden ratio of .75, an interest burden of .6, a leverage ratio of 1.25, and a return on sales of 10%. Thi
    6·1 answer
  • The managers of a restaurant have decided to utilize the Hawthorne effect to increase productivity, which means using cameras to
    13·1 answer
  • A fico score represents all of the following except: (1 point)the amount of money in your retirement account. income to debt rat
    14·2 answers
  • Glowbot is a mobile app development firm. The firm allows its employees to grow by giving them the liberty to make their own dec
    11·1 answer
  • Explain the downside of social media for sports and entertainment marketers
    13·1 answer
  • Could someone help with the answer please
    14·2 answers
  • When a firm uses host country nationals to staff the entire organization, what type of staffing plan is being used?
    11·1 answer
  • A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. Its profit margin and total as
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!