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Ber [7]
3 years ago
14

Allison's Auto Art is a company that applios pinstripes to vehicles. Allison's cost for a basic 1 -color pinstriping job is $35,

and she charges $95 for this service. For a total price of $175, Allison will apply a fancier 3-color pinstripe ap Should Allison continue to offer the 3-color pinstripe application? A. no, her marginal benefit is less than her marginal cost B. yes, but only if she lowers the price of the 1-color application C. yes, she stil makes a profit by selling the 3-color application D. More information is needed for Alison to make this decision.
Business
1 answer:
valkas [14]3 years ago
3 0

Answer:

C. yes, she still makes a profit by selling the 3-color application.

Explanation:

As for the information provided,

Cost for 1 color pin striping job = $35

Cost for three color pin striping job accordingly = $35 \times 3 = $105

Price charged for pin striping is as follows:

For 1 color = $95

For 3 colors = $175

Even on 3 color striping there is a profit of $70, thus, it should be sold.

As there is no loss, although the profit margin is decreased as a percentage of cost when compare to margin on 1 color pin striping.

Thus, correct option is Statement C.  

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Black_prince [1.1K]
Chill/Sleep mode... I think errr
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3 years ago
Which of the following is a function of a commercial bank? *
Zarrin [17]

Answer:

lending of depositor's funds

3 0
3 years ago
Nichols Enterprises has an investment in 250 bonds of Elliott Electronics that Nichols accounts for as a security available for
abruzzese [7]

Answer:

securities available for trade: 250,000

Explanation:

The investment will be trade at market value. which is 1,200

Nichols cannot set the price of an assetat his own will. If possible a company will do it to increase his assets and look more solid than it is.

To evaluate the bonds at 1,200 the market price will need to be at 1,200

Currently the price third parties gives the security is 1,000 so it should carry the investment  at

250 bonds x 1,000 market value = 250,000

4 0
4 years ago
A U.S.-owned car factory in Mexico produces $5 million of cars. $2.5 million of these cars are sold in Mexico and the other $2.5
Dahasolnce [82]

Answer:

The amounted contributed to U.S.GDP is $2 million

Explanation:

First and foremost, the question reiterated that $1 m is due to U.S-owned equipment company and U.S.managers working in Mexico,this is where the key to unlocking the question lies.

On the basis that the money is shared equally between the equipment company and the U.S managers working in Mexico,each group gets $500,000 which is an input for the car manufacturer. However, $2.5m worth of cars are sold to U.S-an output ,deducting the $500000 due to the managers from the output value gives $2m

7 0
3 years ago
Consider the following data for a closed economy:
notsponge [240]

Answer: The answer is given below

Explanation:

a. . Private saving

Private saving=Y+TR-C-T

= $11t + $1t - $8t - $3t

= $12 trillion - $11 trillion

= $1 trillion

b. Public saving

Public Saving= T-G-TR

Since G is not given, we can use:

I = public saving + private saving

$2t = public savings + $1t

Public saving= $2 trillion - $1 trillion

Public savings = $1 trillion

c. Goverment purchases

Since public savings = T - G - TR

$1t = $3t - G - $1t

G = $3t - $1t - $1t

G = $3 trillion - $2 trillion

G = $1 trillion

d. The goverment budget deficit or budget surplus.

There is a budget surplus of $1 trillion which has been calculated in the public savings.

4 0
3 years ago
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