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Lilit [14]
3 years ago
9

C&A Cruise owns 10 ships and wants to serve 2000 passengers each week. Each cruise ship can carry 500 passengers on each voy

age. Assume ships always travel fully loaded. What is the longest average travel time on a voyage that allows C&A Cruise to meet its goal of serving 2000 passengers per week?
Business
1 answer:
sveticcg [70]3 years ago
4 0

Answer:

2.5 weeks

Explanation:

The average  travel time on a voyage that allows C&A Cruise to meet its desired goal of 2,000 passengers per week is determined by their total capacity over the 10 ships (10 x 500), divided by the weekly flow of 2,000 passengers.

t = \frac{10*500}{2,000}\\t=2.5\ weeks

The longest average travel time possible is 2.5 weeks.

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Consider a basket of consumer goods that costs $60 in the United States. The same basket of goods costs NOK 40 in Norway. Holdin
Helen [10]

Answer:

4.5 and 3

Explanation:

We know that

Real exchange rate = Nominal exchange rate × (Cost of the basket in US  ÷  Cost of the basket in  Norway)

So according to this formula, the computation is shown below

When the nominal exchange rate is 3, then the real exchange rate would be

= 3 × (60 ÷ 40)

= 4.5

When the nominal exchange rate is 2, then the real exchange rate would be

= 2 × (60 ÷ 40)

= 3

7 0
4 years ago
Demand for earbuds is represented by: P = 402 – 2Q The costs are $8 per set of earbuds. In order to stock earbuds, other items w
Mkey [24]

Answer:

Q is 98

Explanation:

Marginal (average) cost (including opportunity cost) = $8 + $2 = $10

Profit is maximized when MR = MC = 10.

P = 402 - 2Q

Total revenue (TR) = P x Q = 402Q - 2Q^2

MR = dTR/dQ = 402 - 4Q

Equating with MC,

402 - 4Q = 10

4Q = 392

Q = 98

7 0
3 years ago
What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from
ahrayia [7]

Answer:

A) 19.91%

Explanation:

Net present value of cash flow at 19.91% can be calculated as follows

- 100000 + 30000/1.1991 + 30000/ (1.1991)² + 30000/(1.1991)³ + 30000/ (1.1991)⁴ +30000/(1.1991)⁵ + 30000/ (1.1991)⁶

= -100000 + 25018 +20864 +17400 +14511 +12101 +10092

= 0 ( approx )

So  the IRR for the  project is 19.91 % .

8 0
4 years ago
Ray kroc first became involved with mcdonalds as a salesman selling what item to the restaurant chain?
denis-greek [22]
Ray kroc first became involved with mcdonalds as a salesman selling : Milkshake - mixer
He became fascinated by the possibilities that Mcdonalds could offer and became the first one who propose to make McDonalds became a franchise

hope this helps
7 0
3 years ago
Every day we rely on the work of millions of other people to provide us with food, clothing, and shelter. People work for our be
beks73 [17]

Answer:

The correct answer is: they benefit by doing so.

Explanation:

Thanks to their interaction, human beings can satisfy their needs. People organize conveniently so their resources can be used to produce the goods and services they naturally demand -food, clothing, and shelter. This is the reason why governments must promote healthy living in societies so individuals can get the most of each other benefiting themselves.

6 0
3 years ago
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