1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sidana [21]
2 years ago
15

In January the price of dark chocolate candy bars was $2.00, and Aji’s Chocolate Factory produced 80 pounds. In February the p

rice of dark chocolate candy bars was $2.50, and Aji’s Factory produced 110 pounds. In March the price of dark chocolate candy bars was $3.00, and Aji’s Factory produced 140 pounds.a. Calculate the price elasticity of supply for Aji's Chocolate Factory in February b. Calculate the price elasticity of supply for Aji's Chocolate Factory in March c. If Aji's Factory is nearly at full capacity of production in March, what will happen to Aji's Factory price elasticity of supply in April?
Business
1 answer:
Natalija [7]2 years ago
4 0

Answer:

a. Calculate the price elasticity of supply for Aji's Chocolate Factory in February

  • 1.5 elastic

b. Calculate the price elasticity of supply for Aji's Chocolate Factory in March

  • 1.36 elastic

c. If Aji's Factory is nearly at full capacity of production in March, what will happen to Aji's Factory price elasticity of supply in April?

  • If the company is producing at full capacity, then its price elasticity of supply will be perfectly inelastic even if the price increases. This is because any increase in price will not affect the quantity supplied because the company cannot increase it even if they wanted to.

Explanation:

price elasticity of supply = % change in quantity supplied / % change in price

It measures the proportional change in the quantity supplied that producers will make given a 1% change in the price of their product.

PES February = [(110 - 80)/80] / [(2.5 - 2)/2] = 0.375 / 0.25 = 1.5

PES March = [(140 - 110)/110] / [(3 - 2.5)/2.5] = 0.273 / 0.2 = 1.36

You might be interested in
Sutton is a partner of RST Partnership. RST distributed $3,000 cash and a building with an adjusted basis of $10,000 and a fair
Eduardwww [97]

Based on the basis of the distributions and Sutton's basis in the partnership, the amount of taxable distributions to Sutton is $0.

<h3 /><h3>How much of the distributions can be taxed?</h3>

The distributions can only be taxed if they exceed Sutton's basis in the partnership of $90,000.

As neither the cash distribution nor the building, have enough to surpass Sutton's basis, the taxable distributions will be $0.

Find out more on taxable distributions at brainly.com/question/26474690.

#SPJ12

5 0
1 year ago
Two different manufacturing processes are being considered for making a new product. The first process is less capital-intensive
baherus [9]

Answer:

700 units

Explanation:

FC1 : Fixed Costs from process 1

VC1 : Variable cost per unit from process 1

FC2 : Fixed Costs from process 2

VC2 : Variable cost per unit from process 2

FC1 = $50,000

VC1 = $700 per unit

FC2 = $400,000

VC2 = $200 per unit

To calculate the break-even (quantity) point we must equate the TC1 (Total cost of process 1) to TC2 (Total cost of process 2)

TC1 = TC2

FC1 + VC1(y) = FC2 + VC2(y)      where y is the break-even units

50,000 + 700y = 400,000 + 200y

500y = 350,000

y = 350,000 / 500

y = 700 Units

7 0
3 years ago
Read 2 more answers
Yuto owns a souvenir shop in Tokyo. He wants to reach English speaking tourists in his city during certain hours of the day. Whi
vesna_86 [32]

Answer:

Location targeting

Ad scheduling

Language targeting

Explanation:

Yuto try three new and improve methods, Location targeting , Ad scheduling ,Language targeting to reach English speaking tourists.

By using these techniques, Yuto focus on specific target and specific location for target his tourist .

7 0
3 years ago
which account option is designed to house money for easy access, either by check or by debit card? certificate of deposit checki
marta [7]

A checking account is the type of account option that is designed to house money for easy access, either by check or by debit card.

<h3>What is a checking account?</h3>

It is also called a transaction account. It is a bank account that allows you to easily deposit & withdraw money for daily transactions. A checking account can also include depositing a check you receive, taking out cash with your debit card or setting up direct deposit for your paychecks.

Hence, the checking account is the type of account option that is designed to house money for easy access, either by check or by debit card.

Therefore, the Option B is correct.

Read more about checking account

brainly.com/question/24751568

#SPJ1

7 0
1 year ago
1. Do you think the United States is ethically required to respond to epidemics and other health crises in foreign countries? Wh
alexira [117]

Answer:

yes it is because United States has always been a health crises foreign country

5 0
11 months ago
Other questions:
  • Select the answer that most accurately describes the effects of NAFTA.
    11·2 answers
  • Carolina mills purchased $270,000 in supplies this year. the supplies account increased by $10,000 during the year to an ending
    10·1 answer
  • Property Rights and Corruption When looking at a country as a market or investment, the international business must consider the
    15·1 answer
  • Some companies want to get their products into as many outlets as possible. These companies understand that the more exposure th
    9·1 answer
  • Taggart Transcontinental has a divided yield of 3.5%. Taggart's equity cost of capital is 10%, and its dividends are expected to
    10·1 answer
  • On 12/31/10, Heaton Industries Inc. reported retained earnings of $675,000 on its balance sheet, and it reported that it had $17
    9·1 answer
  • Consider the market for minivans (Some would describe a minivan as a family car). Looking at the two statements, which one is tr
    10·1 answer
  • Indicate the effect on the accounting equation and on the debit-credit analysis. Aug. 1 Opens an office as a financial advisor,
    8·1 answer
  • A bank has the following balance sheet: SETS RETURN % MILLION $ LIABILITIES COST % MILLION $ Cash 0.00 35 Fixed-rate Deposits 3.
    8·1 answer
  • Impact of population growth on environmental degradation​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!