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2 years ago

A publisher faces the following demand schedule for the next novel from one of its popular authors:

Business

1 answer:

enyata [817]2 years ago

4 0

Answer and Explanation:

The completion of the second, fourth, and fifth columns of the given table is to be shown in the attachment below:

As we know that

Profit = Total revenue - total cost

Total revenue is the revenue earned by the company by multiplying the price with the quantity demanded

While the total cost is

= Fixed cost + variable cost

The marginal revenue comes from

= Change in total revenue ÷ change in quantity

We simply use these formulas in the spreadsheet below.

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Sheffield Corp. sold some of its plant assets during 2021. The original cost of the plant assets was $904000 and the accumulated

JulsSmile [24]

Answer:

The correct answer is Option C.

Explanation:

In the indirect cash flows statement, there are 3 sections, namely: net cash flows from operating activities, net cash flows from investing activities and net cash flows from financing activities.

The items in the question only affect the first two. Under the net cash flows from operating activities, we need to subtract the gain realized from the disposal of the plant assets from net income, which is Sales proceed minus Net book value, i.e., $90,800 - ($904000- $843000) = $29,800.

The sales proceed is $90,800. This would be recognized as cash inflow under net cash flows from investing activities.

8 0

3 years ago

the standard deviation is a better measure of risk than the coefficient of variation if the expected returns of the securities b

IgorC [24]

Answer:

False

Explanation:

6 0

2 years ago

Suppose Antonio and Caroline are playing a game in which both must simultaneously choose the action Left or Right. The payoff ma

ladessa [460]

Answer:

Caroline to choose right

Antonio chooses left and Caroline chooses right.

Explanation:

Interpreting the payoff matrix:

Both choose right:

Antonio receives 3, Caroline receives 7

Both choose left:

Antonio receives 4, Carolina receives 6

Caroline chooses left, Antonio chooses right:

Antonio receives 7, Caroline receives 5

Caroline chooses right, Antonio chooses left:

Antonio receives 6, Caroline receives 8

As we can see, Antonio only has a better payoff then Caroline if she chooses left and he chooses right. Therefore, the dominant strategy is for Caroline to choose right, this way she will always have the greater payoff.

If Antonio chooses right, the outcome may alter depending on the outcome, therefore it is not a Nash Equilibrium. However, if Antonio chooses left, no matter what Caroline chooses, she will have the greater payoff. At the same time, if Caroline chooses right, Antonio cannot change the outcome by changing his strategy. Therefore, the outcome reflecting the unique Nash equilibrium in this game is as follows: Antonio chooses left and Caroline chooses right.

8 0

3 years ago

The three "R's" of socially responsible business are "reuse," " recycle," and "____."

vagabundo [1.1K]

Answer:

Reduce

Explanation:

Reduce

Reuse

Recycle!

6 0

2 years ago