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sashaice [31]
2 years ago
10

The owner of a quick oil-change business charges $ 20 per oil change and has 40 customers per day. If each increase of $ 2 resul

ts in 2 fewer dailer customers, what price should the owner charge (to the nearest $ 2 ) for an oil change if the income from the business is to be as great as possible?
Business
1 answer:
Airida [17]2 years ago
4 0

Answer:

maximum income is $900

Explanation:

given data

oil change = $20

per day = 40 customer

increase = $ 2

dailer customers = 2

owner charge = $ 2

to find out

income from the business

solution

we know current income is 40 × 20

current income = $800

we consider here price increase x and income as function y

so y = (20 +2x) × ( 40 - 2x)    ........1

y = −4x² + 40x + 800

take derivative and put dy/dx = 0 for maximum

dy/dx = -8x + 40

0 = -8x + 40

x=5

so here from 1

y = (20 +2x) × ( 40 - 2x)

y = (20 +2(5)) × ( 40 - 2(5))

y = 30 × 30

y = 900

so maximum income is $900

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You are a consulting firm intern and your job is to help a client choose investment projects. Your client, RealEstate, is a youn
steposvetlana [31]

Answer:

(f)None

Explanation:

Pay back period is the no of years in which cost of investment is recovered in the form of cash flow.

Project with cash back period of two years is acceptable .

Project 1

initial outlay of fund = 100 million dollar

cash flow in first two years = 50+50 = 100 million dollar

so it is acceptable because it recovers the project cost in first two years .

Project 2

initial outlay of fund = 80 million dollar

cash flow in first two years = 40+45 = 95

so it is acceptable because it recovers the project cost in first two years .

Project 3

initial outlay of fund = 70 million dollar

cash flow in first two years = 30+40 = 70

so it is acceptable because it recovers the project cost in first two years .

Project 4

initial outlay of fund = 60 million dollar

cash flow in first two years = 30+40 = 70

so it is acceptable because it recovers the project cost in first two years .

Project 5

initial outlay of fund = 50 million dollar

cash flow in first two years = 30+25 = 55

so it is acceptable because it recovers the project cost in first two years .

So none will be rejected

8 0
3 years ago
Firms that are _______ recognize that including a strong social orientation in business is a sound strategy that is in the best
ruslelena [56]

Answer:

Socially responsible

Explanation:

The term social responsibility refers to give back to the society in which its operates. A firm being socially responsible means that it has an obligation to act for the benefit of society at large.

Being socially responsible helps both the society at large and also the firm. It helps the firm in the sense that it changes the orientation or give a good impression of the firm to the society and also helps the organisation to gain a bigger and larger customer base.

To the society, social responsibility of the a firm provides some basic needs that will improve the well being of the society.    

Example of social responsibility by firms may include, organizing seminars that helps the society to gain more knowledge about a particular phenomenal, construction of health care centers, roads and making  the environment more beautified.

6 0
3 years ago
DeFeet International started as a cyclist sock company. The founder, Shane Cooper, said that the existing socks for cyclists wer
SpyIntel [72]

Answer:

Multi-Segment Marketing

Explanation:

As DeFeet initially positioned themselves as cyclist sock company but after some time, they identified the mass appeal of their product. They started offering hiking and snow gear which included products like arm skins, calfskin, boxer briefs, gloves, shirts other than just socks. Not only that but they also made a department for customized products. This strategy of offering same category product to different segments is known is multi-segment marketing

4 0
3 years ago
You pay $5,500 per year for insurance on your building. Fire damage caused $15,000 in repairs. The insurance company paid for th
ElenaW [278]

Based on the amount you pay now and the increase in insurance premiums, your annual insurance costs next year would be $6,325.

<h3>What is the next insurance cost next year?</h3>

The annual cost of insurance refers to the amount that is paid in premiums in a year.

That cost is currently $5,500 but will increase by 15%.

= Current insurance cost x ( 1 + rate of increase)

Solving gives:

= 5,500 x ( 1 + 15%)

= $6,325

Find out more on insurance cost at brainly.com/question/4953989.

6 0
2 years ago
Brian is responsible for the promotions and public relations of his firm, which produces rubber tires. a recent development in t
brilliants [131]

Answer:

Not newsworthy.

Explanation:

The news is not worth publishing because this is not something that excites the public or catches their attention.

When you are in public relations and you need to advertise and promote a company and it's products, the idea is to capture the imagination of your target audience.

In this example, the news proposal will rightly be rejected because it does not seem to serve any of these purposes.

8 0
3 years ago
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