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gavmur [86]
3 years ago
10

At a price of $4.00 each, shape magazine sells 1.25 million copies of its magazine targeted to young women seeking a healthier l

ifestyle. if the price per issue is increased to $4.50 each, only 1 million copies will be sold. fixed costs are $1 million and unit variable costs are $0.50 per magazine. calculate the average revenue for shape magazine at the higher price.
Business
1 answer:
ivann1987 [24]3 years ago
4 0
Selling price = $4.50
Copies sold = $1 million
Fixed costs = $1 million
Unit variable costs = $0.50 per magazine 

Sales = $4,500,000
Fixed costs = $1 million
Variable costs = $500,000

Revenue = Sales - fixed costs - variable costs 
Revenue = $4,500,000 - $1,000,000 - $500,000
Revenue = $3,000,000
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Brandfest is the most important way to thank its loyal customer and bring more business by sustaining the brand name.

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A risk of marketing myopia is that sellers pay more attention to:.
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social integration. i hope this helps for you!

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3 years ago
The ohio state studies and the leadership grid are associated with the ____ approach to leadership.
dsp73

The Ohio state studies and the leadership grid are associated with the behavioral approach to leadership.

<h3>What is meant by the behavioral approach?</h3>

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On January 1, 2021, Hobart Mfg. Co. purchased a drill press at a cost of $36,000. The drill press is expected to last 10 years a
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In 2021, the depreciation expense is $1500 and the book value is $34,500.

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units of production = (output in a given year / total estimated output) x (cost of the asset  -salvage value)

Book value is the cost of the asset or the carrying value of the asset less the depreciation.

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