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9966 [12]
2 years ago
5

What is the difference between a demand curve and a demand schedule?

Business
1 answer:
svetlana [45]2 years ago
5 0

Answer:

Demand schedule:

The Demand schedule refers to the tabular representation of the quantity demanded at the various price levels. By observing the demand schedule, we can conclude that as the price of the good increases then as a result the quantity demanded for that good falls. It represents various combination of price and quantity demanded.

Demand curve:

A demand curve refers to the graphical representation of the demand schedule which shows the relationship between the price of the commodity and the quantity demanded for that commodity. It is downward sloping curve which shows that there is an inverse relationship between the price of a good and the quantity demanded.

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The controller of Crane Industries has collected the following monthly expense data for use in analyzing the cost behavior of ma
Anna [14]

Answer:

Variable cost per unit= $6.6 per unit

Explanation:

Giving the following information:

January: $2,880 330

February: $3,180 380

March: $3,780 530

April: $4,680 660

May: $3,380 530

June: $5,520 730

To calculate the unitary variable cost, we need to use the following formula:

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

Variable cost per unit= (5,520 - 2,880) / (730 - 330)= $6.6 per unit

4 0
2 years ago
Annual maintenance costs for a particular section of highway pavement are $2500. The placement of a new surface would reduce the
rewona [7]

Answer:

The maximum investment is $6,360.111

Explanation:

Giving the following information:

The placement of a new surface would reduce the annual maintenance cost to $500 per year for the first 3 years and to $1000 per year for the next 7 years. After 10 years the annual maintenance would again be $2500.

We need to find the net present value. The maximum initial investment will be the amount that makes the NPV cero.

NPV=∑[Cf/(1+i)^n]

Cf= cash flow

<u>For example:</u>

Year 1= 500/1.05= 476.19

Year 3= 500/1.05^3= 431.92

Year 5= 1,000/1.05^5= 783.53

NPV= 6,360.111

The maximum investment is $6,360.111

6 0
3 years ago
Ben was considering spending his gift card on books, music downloads, or movie tickets. He chose the movie tickets. Any values g
Bess [88]

Answer:

b

Explanation:

6 0
3 years ago
In this assignment, you'll use a word processor to create a newsletter based on the following scenario: Suppose that you are a s
adelina 88 [10]

A high school secretary is under obligation to convey the students regarding the rules and regulations as well as the upcoming events that are about to take place in a high-school through a newsletter.

<h3>What is a newsletter?</h3>

A bulletin of information, which is circulated among the members of an organization and any such person who has substantial interest in such information, is regarded as a newsletter.

A newsletter is attached in the form of an image with this part for the purpose of reference.

Hence, a newsletter that is required to be circulated by the high-school secretary will be in the form of the image being attached.

Learn more about newsletter here:

brainly.com/question/26221447

#SPJ1

6 0
2 years ago
Turner, a billing executive, goes directly above his immediate boss, Ally, to Charlie for permission to take his lunch break 30
SSSSS [86.1K]

Answer: Option A    

 

Explanation: In simple words, Scalar principle refers to the rule under which a subordinate is obligated to report his or her actions to the immediate supervisor and not the higher management.

In the given case, Turner asked from his superior to take lunch break early which in turn resulted in the perception that it is allowed in the organisation. Therefore, turner gave authority to his subordinates and other co workers the of the department to do the same also.

Hence from the above we can conclude that the correct option is A.

5 0
3 years ago
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