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3 years ago

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Roberta is thinking about joining the food co-op store. If she pays $10.00 to join, she will get 10% off on all the groceries sh

e buys there. How much must she buy before her savings equal her membership fee? A. $1,000.00 B. $100.00 C. $10.00 D. $50.00

1 answer:

Vinvika [58]3 years ago

6 0

Answer:

B

Explanation:

$100.00 x %0.10 equals 10.00

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A baseball team plays in a stadium that holds 58,000 spectators. With ticket prices at $10, the average attendance had been 27,0

bixtya [17]

Answer:P(x) = -3000 $\times$ (x) + 57000

Explanation:

Let the demand function be given by p(x)

Let P(x) be the demand for the match at price x

P(x) = a $\times$ (x) + b

27000 = a $\times$ (10) + b

33000 = a $\times$ (8) + b

Solving we get a = -3000 and b = 57000

Thus P(x) = -3000 $\times$ (x) + 57000

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3 years ago

Read 2 more answers

You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products

Margarita [4]

Answer: Please refer to Explanation

Explanation:

Cross Price Elasticity of Demand measures the responsiveness of Quantity demanded of one good to the price of another good.

Remember that according to the laws of Supply and Demand when prices rise, demand drops.

When the Cross Price Elasticity is POSITIVE, it is said that the goods are SUBSTITUTES because a price increase (decrease) in one leads to more (less) of the other being demanded because they can be switched for one another like Coke and Pepsi.

When Cross Price Elasticity is NEGATIVE however then the goods are COMPLIMENTS because an increase (decrease) in the price of one good led to a reduction(increase) in demand of the other good. This proves that the goods compliment each other and so their demand moves in the same direction.

Raskals and Penguin Patties.

Cross Price ED (Raskals and Penguin Patties) = Percentage change in quantity demanded of Raskals/ Percentage change in price of Penguin Patties

Cross Price ED (Raskals and Penguin Patties) = -4%/-5%

= 0.8

This is positive so Penguin Patties and Raskels are Substitutes albeit weak ones.

Kipples and Penguin Patties.

Cross Price ED (Kipples and Penguin Patties) = Percentage change in quantity demanded of Kipples/ Percentage change in price of Penguin Patties

Cross Price ED (Kipples and Penguin Patties) = 6%/-5%

= -1.2

As it is a negative figure, Penguin Patties and Kipples are Compliments albeit weak ones as well.

5 0

3 years ago

ave a cash refund of $750 to a customer because of a lost package. (The customer had previously paid in cash.) Sent a check for

Kaylis [27]

Explanation:

The Journal Entry is given below:-

1. Fees income Dr, $750

To cash $750

(Being fees income is recorded)

2. Utilities expense Dr, $1,050

To cash $1,050

(Being utilities expense is recorded)

3. Accounts receivable Dr, $7,800

To fee income $7,800

(Being services provided is recorded)

4. Equipment Dr, $4,600

To cash $4,600

(Being equipment purchase is recorded)

5. Accounts payable Dr, $3,500

To cash $3,500

(Being payment of is recorded)

6. Cash Dr, $15,250

To fee income $15,250

(Being cash receive is recorded)

7. Cash Dr, $6,250

To Accounts Receivable $6,250

(Being cash receive is recorded)

8. Cash Dr, $25,000

To capital $25,000

(Being additional investment is recorded)

9. Supplies Dr, $3,250

To accounts payable $3,250

(Being purchase of supplies is recorded)

10. Rent expense Dr, $3,750

To cash $3,750

(Being rent expenses is recorded)

8 0

3 years ago

Tula has a $5500 credit card balance that she revolves month to month. What is her minimum monthly payment if the credit card co

ollegr [7]

Answer:

The minimum monthly payment is $220

Explanation:

The minimum monthly payment is computed as 4% of outstanding balance,hence the minimum payments is computed thus:

4%*$5500=$220

Credit cards are issued financial institutions to their customers to enable make expenditure in advance.The funds being spent is not in the customer's account unlike debit cards where customer's account must have been pre-funded .

On settling the amount owed to the bank,the customer pays interest on the amount borrowed such as the 4% charged in this scenario.

The interest rates charged are most times at single rate.

6 0

4 years ago

Nation’s Capital Fitness, Inc. operates a chain of fitness centers in the Washington, D.C., area. The firm’s controller is accum

g100num [7]

Answer:

Instructions are below

Explanation:

Giving the following information:

January 520 $ 4,470

February 490 4,260

March 300 2,820

April 500 4,350

May 310 2,960

June 480 4,200

July 320 3,000

August 400 3,600

September 470 4,050

October 350 3,300

November 340 3,160

December 320 3,030

A) To calculate the fixed and variable costs, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (4,470 - 2,820) / (520 - 300)

Variable cost per unit= $7.5

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 4,470 - (7.5*520)

Fixed costs= $570

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,820 - (7.5*300)

Fixed costs= $570

B)

Total cost= 570 + 7.5x

x= hours of mantainance

C) x= 590

Total cost= 570 + 7.5*590

TC= $4,995

D) x= 600

Total cost= 570 + 7.5*600

TC= $5,070

8 0

3 years ago