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geniusboy [140]
3 years ago
9

RyanRyan Street Barber Shop pays $ 30$30 per month for water for the first 12 comma 00012,000 gallons and $ 2.50$2.50 per thousa

nd gallons above 12 comma 00012,000 gallons. Calculate the total water cost when the barber shop uses 8 comma 0008,000 ​gallons, 13 comma 00013,000 ​gallons, and 17 comma 00017,000 gallons.
Business
1 answer:
Phantasy [73]3 years ago
4 0

Answer:

  • 8,000: $30
  • 13,000: $32.50
  • 17,000: $42.50

Explanation:

<u>8,000</u>

This amount is below the quantity for which additional charges accrue. The base charge applies: $30.

<u>13,000</u>

This is 1000 gallons more than you get for $30, so costs an additional $2.50. The total water cost is ...

  $30 +2.50 = $32.50

<u>17,000</u>

This is 5,000 gallons more than you get for $30, so costs an additional 5×$2.50 = $12.50. The total water cost is ...

  $30 +12.50 = $42.50

_____

<em>Comment on the water charges</em>

$30 is the same as the cost of 12,000 gallons at $2.50 per thousand. So, the total bill can be figured at $2.50 per thousand, with a $30 minimum.

  8 × $2.50 = $20, so the charge is the minimum, $30

  13 × $2.50 = $32.50

  17 × $2.50 = $42.50

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A representative gives a seminar to investors, making a presentation about successful hedge fund strategies. It is attended by 1
jeyben [28]

Answer:

A representative gives a seminar to investors, making a presentation about successful hedge fund strategies. It is attended by 10 retail clients and 20 institutional clients. FINRA defines this as: a retail communication.

Explanation:

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3 0
3 years ago
The perfectly competitive price and output level occur where
jasenka [17]

Answer:

It occur where MR = MC

Explanation:

Perfectly competitive organization or firm is the one who is price taker, which states that they must accept the price at which it sells the goods to consumer.

In a firm that is a perfectly competitive, the level of output  as well as the price happen where the Marginal Cost is equal to the Marginal Revenue.

It is stated as MR = MC.

7 0
3 years ago
The united states imposes a tariff on electronics imported from china. Which would be a result?
balu736 [363]

Americans purchase more domestically produced electronics.

China has ceased all product marketing to Americans. Chinese gadgets are becoming more affordable. Consumer demand for domestically produced electronics in the US rises as a result of the electronics trade with China.

An economic idea known as demand theory explains the connection between customer demand for products and services and market prices.

Demand is the quantity of an item or service that customers are willing and able to purchase at a specific price in a specific time frame.

Demand theory explains how alterations in customer demand for an item or service have an impact on its market price.

To learn more about tariffs on electronics

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7 0
2 years ago
On December 31, 2018, a company had assets of $34 billion and stockholders' equity of $28 billion. That same company had assets
Orlov [11]

Answer:

131.6%

Explanation:

Total assets is $50 billion

Liabilities = 50-stock holder equity which is $12 billion

= 50-12

= $38 billion

Therefore the debt to assets ratio can be calculated as follows

= 50 billion/38 billion

= 1.3157×100

°= 131.6

Hence the debts to assetsrayion is 131.6%

7 0
3 years ago
Consider the following cash flows: Year Cash Flow 2 $ 22,200 3 40,200 5 58,200 Assume an interest rate of 9 percent per year. a.
miss Akunina [59]

Answer:

Total FV= $134,711.26

Explanation:

Giving the following information:

Cash Flow:

Cf2= $22,200

Cf3= $40,200

Cf5= $58,200

Interest rate= 9 percent per year.

To calculate the future value, we need to use the following formula on each cash flow:

FV= PV*(1+i)^n

Cf2= 22,200*(1.09^3)= 28,749.64

Cf3= 40,200*(1.09^2)= 47,761.62

Cf5= 58,200

Total FV= $134,711.26

8 0
3 years ago
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