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Answer:
Number of caramels = 20
number cremes = 30 - 20 = 10
Explanation:
Data provided in the question:
Selling cost of each box = $12.50
Number of pieces of candies held in a box = 30
Cost of producing caramel = $0.25
Cost of producing cremes = $0.45
Now,
let the number of caramels be 'x'
Thus,
Number of cremes = 30 - x
Profit = Selling price - Cost
3 = $12.50 - [ 0.25x + 0.45(30 - x) ]
or
[ 0.25x + 0.45(30 - x) ] = 12.50 - 3
or
0.25x + 13.5 - 0.45x = 9.50
or
-0.20x = 9.50 - 13.5
or
-0.20x = - 4
or
x = 20
Hence,
Number of caramels = 20
number cremes = 30 - 20 = 10
When a local auto repair shop sponsors a local softball team, it is using the public relations element of the promotional mix.
Public relations allows a company to create a good image with the public through relations and organizations they work with for the public to see. When the local auto repair shop sponsors a local softball team, they are not only advertising their name, but people are recognizing them as a company that gives back. By being active in their community they are building public relations.
Answer:
$20,000
Explanation:
If the Rubber Division was dropped at the beginning of last year, the financial advantage (disadvantage) to the company for the year would have been: the segment's margin of $20,000
The president considering the elimination of this division is not advisable. As long as none of the allocated common corporate fixed costs could be avoided, If the Rubber Division was dropped at the beginning of last year, the financial disadvantage to the company for the year would have been it's contributed margin that went towards off-setting corporate fixed costs.
Furthermore, if this segment is closed, it would affect the Cork division because it would be reporting a lower net operating income of $90,000 as a result of bearing all the corporate costs alone.
Answer:B. if transaction costs are low, private bargaining will result in an efficient solution to the problem of externalities.
Explanation:
The coarse theorem:
If there is a conflict between parties this will lead to an effecient results irrespective of who won the right to the property as long as the transaction cost related to the price negotiation is insignificant.