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vovangra [49]
3 years ago
11

How is the value of a product determined? A. By the amount a consumer is willing to pay for it B. By how much it cost the produc

er to make C. By its variable costs D. By the number of workers who were involved in making it Please select the best answer from the choices provided A B C D
Business
2 answers:
Sergio039 [100]3 years ago
7 0

Answer:

A i took the test

Explanation:

jasenka [17]3 years ago
6 0

Answer:

It is A

Explanation:

You might be interested in
During March, the production department of a process operations system completed and transferred to finished goods 25,000 units
lesya692 [45]

Answer:

175,000 units

Explanation:

total transferred units = beginning work in progress units + number of units started and completed

  • beginning work in progress = 25,000 units
  • units started and completed during March = 150,000 units

total transferred units = 25,000 + 150,000 = 175,000 units

7 0
3 years ago
"Smythe Co. invested $200 in a call option for 100 shares of Gin Co. $.50 par common stock, when the market price was $10 per sh
Ann [662]

Answer:

$100

Explanation:

The inherent value of a share or option or any other asset which an investor expects to have. In options it refers to the difference between it's current and the strike price.

The intrinsic value of options is calculated using the following formula:  

Intrinsic value of option = Number of share options × ( Market price of the stock on the date of the grant - exercise price of the share option )

Intrinsic value of option = 100 × ( $10 - $9 )

Intrinsic value of option = 100 × $1

Intrinsic value of option = $100

So, the intrinsic value of the call option at the time of the initial investment was $100.

6 0
4 years ago
A loan of 1000 is taken out at an annual effective interest rate of 5%. The loan will be repaid using the Sinking Fund Method. T
erastovalidia [21]

Answer:

Interest paid each year = 5% of 1000 = $50

$1000 is to be paid at the end of 10 years.So payment each year = pmt(rate,nper,pv,fv) where rate = 0.04,nper=10 and fv =1000.

Payment into the fund =pmt(0.04,10,0,1000) = $83.29 each year

Value of the sinking fund at the end of the 4th year =pv(rate,nper.pmt) =pv(0.04,4,83.29) = 302.34

Interest earned by sinking fund in year 5 = 0.04*302.34 = 12.09

Interest on loan in 5th year = $50

So difference between the interest payment on the loan and the interest earned by the sinking fund in the fifth year. = 50-12.09 = 37.91 = $38 (to nearest whole number)

4 0
3 years ago
At the level of output at which a single-price monopolist maximizes profit, price is Group of answer choices
Sladkaya [172]

Answer:

Greater than marginal cost.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. It is also known as oligopoly, wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

Also, a single-price monopolist is an individual or seller that sells each unit of its products to all its customer at the same price. Hence, a single-price monopolist doesn't engage in price discrimination among its customers (buyers).

At the level of output at which a single-price monopolist maximizes profit, price is greater than marginal cost because the marginal revenue would be below the demand curve.

However, if the marginal cost is greater than the price, the monopolist will not make any profit.

<em>In a nutshell, profit maximization for the single-price monopolist occurs at the point where marginal cost is equal to marginal revenue (MC = MR) on the graph of price (P) against quantity (Q) of goods. </em>

6 0
4 years ago
newspaper publisher uses roughly 800 feet of baling wire each day to secure bundles of newspapers while they are being distribut
tresset_1 [31]

Answer:

Explanation:

Reorder point quantity is the level at which an inventory is expected to be restocked , calculated by finding the sum of demand over the lead time and the safety stock days

Daily usage = 800 feet / day

Lead time = 6 days

Desired service level = 95%

Risk level = 1-0.95 =0.05

safety stock at 0.05 = 1800

Reorder point = expected demand  in (LT) + safety stock

= (800*6) + 1800

= 4800+1800 = 6600 feet.

3 0
3 years ago
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