Answer and Explanation:
f (p) function denotes the number of suits sold for a price p in dollars.
At Price = $200, the number of suits sold is:
f (p) = 650 - 2(200) =250 suits
Lets see how much at price = p' = 250 does it sell,
f (p)' = 650 - 2(250) = 150
Rate of change formula:
f (p)' - f(p) / p' - p = 250 - 200 / 150 - 250 = -0.5
We see that as the price increases, the number of suits sold decreases. It can also be credited by the fact that the rate of change is in negative which implies an inverse relationship between price and quantity.
Answer:
The board members of Company A, Inc. are considering purchasing a warehouse for the storage of inventory for the company. During the consideration of different warehouses from the realtor, the board votes to purchase the warehouse in Ohio as a centrally located warehouse to their Michigan headquarters. During the discussion, not many options were discussed regarding each property, and the board rushed the process. One of the board members stated that the process did not require much time because they relied on the information and reports from the realtor. It is later discovered that a board member, Lisa, owned 10% of the Ohio Warehouse that the company purchased. She has stated that the warehouse was 10% hers as a result of a property settlement years ago, and she did not see her small interest ownership as being something to the level that she was going to greatly benefit from the sale, so it was nothing she felt a concern about. Some of the shareholders feel this decision may not have been in the best interest for the company and are considering legal action against the board.
a. Explain what defense the board members have regarding their decision i
Explanation:
I don't know
Answer:
The correct answer to the following question is option B) decrease.
Explanation:
Regressive tax is that of tax which is imposed in such manner that when the income level in the economy increases , the average tax rate would decrease. This type of tax has heavy burden on the low income people as it takes high proportion of their income. So it can be said here that there is an inverse relationship between tax payer's ability to pay ( which can be measured in income , assets or consumption) and the tax rates imposed.
Answer:
- <u><em>It is best for Jerilyn to use the $10 coupon when the value of the purchase is equal or lower than $66.67, and it is best to use the $10 coupon when the value of the purchase is greater than $66.67</em></u>
Explanation:
Assume the value of the purchase is P.
Then <em>15%</em> of P is 0.15P.
To obtain the maximum benefit from the <em>15% coupon</em>, <em>Jerilyn</em> should use it when the discount from it is greater than the discount from the $10 coupon. This is:
Divide both sides by 0.15:
If the value of the purchase is equal to $66.67 the total discount with any cuopon are equal; if it is lower than $66.67, the discount of the $10 coupon is greater.
Thus, you conclude that for a $66.67 purchase she should use the $10 cuopon and for a purchase greater than $66.67 she should used the 15% cuopon.
Answer:
amoritzation expense 3,268
copyright 3,268
Explanation:
We will divide the acquisition cost by the total units of production:
925,000 / 2,100,000 = 0.024571429 this would be the rate per poster
<u>Then we multiply by this year level:</u>
(it is convinient to do all in a single step if using a calculator to avoid any rounding error)
133,000 x 925,000 / 2,100,000 = $3,268.00
amoritzation expense 3,268
copyright 3,268
