Answer:
net revenue tends to increase.
Explanation:
unresponsive to changes in price of gasoline indicates that there will not be any impact on demand of gasoline whatever may be the change in the price.
Hence if gas station owner increases the price of gas, demand will remain same. Therefore, there will net rise in revenue for gas station.
Actually in such cases profit margin also increases as there is not any increase in production cost, per unit profit will increase as there is increase in per unit selling price. Hence it can be also concluded that net profit for gas station owner will also increase
<span>BJ rate: 1/20 job/hh
----
App rate: 1/60 job/hr
---
Together rate: 1/x job/hr
</span><span>Equation:
rate + rate = together rate
1/20 + 1/60 = 1/x
Multiply thru by 60x
3x + x = 60
4x = 60
x = 15 hrs (time to do the job together)</span>
Answer:
C. because it does not produce enough oil.
Explanation:
Although, the United States is one of the leading producers of oil, yet still import oil because it does not produce enough oil to meet the demand of its citizens. In other words, the United States consumes more than what she can produce.
Another reason is that most refineries in the United State are created basically for heavy crude whereas most of what she produce are light crude oil. The United States import the oil she is able to process while she export to other countries to complete the setup process.
The remedy to the above situation is when new refineries are built which are somewhat expensive or the existing refineries are upgraded to meet with the demand.
Answer:
The package of shoes and carryalls based on the sales mix expected for the coming year is:
= 4:1
Explanation:
a) This means for every 4 shoes, there is 1 carryall.
b) Data:
Company-wide Fixed costs = $91,500
Unit price of a pair of shoes = $60
The variable cost = $21
This gives a contribution to the fixed cost = $39 ($60 - $21) per unit
Unit price of carryalls = $36
The variable of carryalls = $9
This gives a contribution to the fixed cost = $27 ($36 - $9) per unit
Estimated quantity of pairs of shoes to be sold next year = 3,500
Estimated quantity of carryalls to be sold next year = 875
The ratio of shoes to carryalls = 3,500:875
= 3,500/875
= 4:1
The sales mix for Chillmax Company refers to the proportion of the company's total sales for each type of product sold (pairs of shoes and carryalls).
