Answer:
Profit maximising price = 48
Explanation:
Total Cost : C (x) = 8x + 3
Demand Curve : p (x) = 88 − 2x
Total Revenue = p (x). x = x (88 - 2x) = 88x - 2x^2
Profit maximisation is where Marginal Cost (MC) = Marginal Revenue (MR)
MC = d TC / d Q = d (8x + 3) / d x = 8
MR = d TR / d Q = d (88x - 2x^2) / d x = 88 - 4x
Equating MR & MC ,
88 - 4x = 8 , 88 - 8 = 4x
x = 80 / 4 , x = 20
Putting value in demand curve,
p = 88 - 2x = 88 - 2 (20) = 88 - 40
p = 48
<span>Conflict
of interest is a very big issue when it comes to business because it may cause
wrong decisions. For example, you are business partners and each one of you
have different interests and ideas, thus you will not be able to formulate
better ideas and create a good business product. It is very important that in a
business, you and your business partner must agree in 1 idea and push it
through until it become a good product.</span>
I'm almost positive it is b marketing intelligence... but don't quote me on it.
Answer:
$25,000 will be an ordinary income(FMV)
Explanation:
Kate received an offer of unrestricted partnership capital interest for the expertise services. so, Kate recognizes it's an "ordinary income"which should be booked at the fair market value of the partnership interest so offered.
i.e $25,000 is ordinary income (FMV)
Answer:
23.68%
Explanation:
The computation of the cost of not taking a cash discount is shown below:-
Cost of not taking a cash discount = [Discount percentage ÷ (100% - Disc.%)] × (360 ÷ (Final due date - Discount period))
= (2% ÷ 98%) × (360 ÷ (50 - 19))
= 2.04% × 11.61
= 23.68%
Therefore for computing the cost of not taking a cash discount we simply applied the above formula.
