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aivan3 [116]
3 years ago
15

Fishing Adventures rents small fishing boats to tourists for day­long fishing trips. Each boat can only carry 1500 pounds of peo

ple and gear for safety reasons. Assume the average weight of a person is 150 pounds. Each group will require 200 lbs of gear for the boat plus 10 lbs of gear for each person. Who want to rent a boat?
Business
1 answer:
galben [10]3 years ago
8 0

Answer:

Who want to rent a boat? 8 person

Explanation:

Carry  1500 pounds    

Carry  200 pouns      

Average  150 pound /person    

Additional10 pounds/person    

     

1500-200=150x +10x

         1300=160x    

        x=1300÷160    

        x=8,12  

 8 person Aditional Gear  

 150          10  

 8           8  

 1200 80            200 1480

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An operation operates with a variable cost percentage of 72%. The owner wants to increase sales revenue by an amount necessary t
padilas [110]

Answer:

The answer is $2,857.14    

Explanation:

Let us assume Sales be $500 per month  

                                                 Monthly    

Sales                                    $500    

Less: Variable Cost(72%)    $360    

Contribution(will be 28%)    $140    

Less: Fixed Cost(Assume)      0    

Operating Income                     $140    

If there should be an increase of $800 per month in the operating Income

Revised Operating Income $140 + $800 = $940  

Therefore Contribution is equal to $ 940  

If Contribution is $940 equal to 28%, then Sales be 100%  

$940 ÷ 28%    

$3,357.14    

Therefore additional increase in Sales revenue required per month

$3,357.14 - $500    

$2,857.14    

4 0
3 years ago
Starbucks discovered through marketing research that 30% of consumers buy over 90% of all coffee drinks. If Starbucks used this
ser-zykov [4K]

Answer: Objective and Specific

Explanation:

 According to the given scenario, the Starbucks is basically analyzing the market segments by using the proper marketing search process and it using the objective and the specific base of the segmentation for evaluating the each segments in the given data.

The main component of the segmentation is the objective that helps in reducing the overall risk in the decision process and also increase the overall efficiency of the product in the market.

 Therefore, Objective and Specific is the correct answer.

4 0
3 years ago
The interest rate the federal reserve charges on loans it makes to commercial banks is called the:
Aleksandr-060686 [28]
<span>The discount rate is the interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility--the discount window. :)</span>
7 0
4 years ago
Keynesian theory is based on the concept that saving and consumption are influenced primarily by real current disposable income.
Sonbull [250]

Answer:

saving and consumption are influenced primarily by real current disposable income

Explanation:

keynesian economics is a known form of economics that is of demand-side in the sense that it encourages government action to increase and decrease demand and output.

Consumption is using ur money by spending it on new goods and services out of a household's current income.

While Saving is simply not eating up or the act of not consuming all of one's current income. Keynes argument was that the interest rate is not the most necessary factor in saving and consumption decisions. Rather, real saving and consumption decisions depend primarily on a household's real disposable income

4 0
3 years ago
in the two-period model, if consumption in both periods is a normal good, then an increase in income in period two: does not inc
Readme [11.4K]

Answer:

increases consumption in both periods.

Explanation:

A normal good is any product or service whose demand increases as consumers' income increases. The demand for a normal good will also increase due to the improvement in economic conditions in an economy.

A normal good is regarded to be of high utility value. Its consumption provides consumers with greater satisfaction. As a result, if consumer's income increase, demand for normal goods increases. Should consumption increase in a period, the demand will increase. The demand will continue to rise if incomes increase.

5 0
3 years ago
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