Answer:
600 units
Explanation:
The equation to calculate target profit is:
S × Q = (V × Q) + F + T
-
S = sales price
- Q = Quantity of units
- V = Variable expenses
- F = Fixed expenses
- T = Target profit
$134Q = $67Q + $32,300 + $7,900
$134Q - $67Q = $40,200
$67Q = $40,200
Q = $40,200 / $67 = 600
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The correlation coefficient is a statistical measure that figures the quality of the connection between the relative developments of the two factors. The scope of qualities for the relationship coefficient limited by 1.0 on a flat out esteem premise or between - 1.0 to 1.0. In the event that the relationship coefficient is more prominent than 1.0 or not exactly - 1.0, the connection estimation is inaccurate. A connection of - 1.0 demonstrates an immaculate negative correlation, while a connection of 1.0 demonstrates a flawless positive correlation. A connection of 0.0 shows zero or no connection between the development of the two factors.
Answer:
100,000
Explanation:
Given that
Approximately frauds = $10 million
Profit margin = 10%
And the sale value of the product per unit = $1,000
So by considering the above information, the additional units is
= Approximately frauds × Profit margin
= $10 million × 10%
= 100,000
So by multiplying the approximate frauds with the profit margin we can get the additional units
First option.
Indeed, some people may benefit by paying the artificial price, but not all as other people may not be able to satisffy all their demand as a price ceiling will also effectively create a shortage due to the low prices disincentivizing producers.