Answer:
Net Increase in profit is $27,000
Explanation:
* The data was missing in this question, a similar question is attached with the answer, and answer is made accordingly. Please find it.
Sales ( $350,000 x 120% ) = $420,000
- Variable cost ( 40% ) = $168,000
- Traceable fixed cost( 175000+15000) = <u>$190,000</u>
Net Profit = $62,000
Net Increase in Net Income = $62,000 - ( 350,000 - (350,000 x 40%) - 175,000 ) = 27,000
Answer:
C.
Explanation:
i just had this question on a paper test and i got it right i hope this helps
Based on the information given the cost of the 6 pounds of trail mix is $18.00.
Pounds of almonds=x
Pounds of raisins=(x + 2)
Hence,
Pounds of raisins=2+2
Pounds of raisins=$4
Since pound raisins is $2.00 and a pound of almonds is $5.00, cost of 6 pounds of trail mix will be calculated as:
Cost of trail mix= ($4 × 2) + (2 × $5)
Cost of trail mix= ($8 + $10)
Cost of trail mix= $18.00
Inconclusion the cost of the 6 pounds of trail mix is $18.00.
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Answer:
Increase; a positive
Explanation:
An aggregate demand in economics terms is an economic measurement of the total amount of demand for all finished goods and services produced in an economy.
Aggregate demand is expressed as the total amount of money exchanged for those goods and service at a specific price level and point in time.
Answer:
Neither the United States nor Chile has a comparative advantage in chair production.
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
A countrry has absolute advantage if it produces more quantities of a good when compared to another country.
America:
Opportunity cost in producing chairs = 1,000 / 100 = 10
Opportunity cost in fishing = 100 / 1000 = 0.1
For Chile:
Opportunity cost in producing chairs = 400 / 40 = 10
Opportunity cost in fishing = 40/ 400 = 0.1
Neither the United States nor Chile has a comparative advantage in chair production because they produce at the same opportunity cost.
I hope my answer helps you
