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sleet_krkn [62]
3 years ago
7

A catering company is producing at a point where its marginal costs are $25 and its fixed costs are $5000. At the current price

of $10 it is producing 50 meals. If the demand goes up, such that they can now charge $20 per meal, how much should the firm now produce
Business
1 answer:
Kipish [7]3 years ago
6 0

Answer:

The firm should shut down the production.

Explanation:

The given marginal costs = $25

Fixed cost of the production = $5000

The price of producing the 50 units of meals = $10

The new price of the meal when demand goes up = $20

Since it can be seen that the price of the meal is lower than the average cost or even it is less than the marginal cost. So, when the prices are lower than average cost then a firm should shut down the production because after shutting down the production the loss will be equal to the fixed cost only.

So, the firm should shut down the production.

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MrRissso [65]

Keeping the paint away from an open flame.


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g You earn $40,221 at your job and must pay 11% of your income in taxes. You then decide to save 8% of your disposable income. H
Yanka [14]

Answer:

The amount left for consumption spending is $32,932.95

Explanation:

The amount left for consumption spending is known as disposable income or take-home pay less savings .The disposable income is the income left after taxes have been paid to relevant tax authority.The computation of amount left for consumption is done below:

Gross income                                           $40,221

Tax at 11%(11%*$40,221)                            ($4424.31 )

Disposable income                                   $35,796.69

Savings at 8% of disposable income

($35,796.69*8%)                                          ($2,863.74)

Amount left for consumption spending     $32,932.95

This is not mean that I have to spend this $32,932.95 during the month, there might some investments  I want to my money on to yield more returns.

4 0
3 years ago
Read 2 more answers
Organisms exhibiting complex multicellularity are large and have cells/tissues that are not in contact with their environment. S
maxonik [38]

Answer:

Explanation: the question should be, Why is bulk flow a necessary condition of complex multicellularity?

Then here is the answer, Multicellular organisms are that have plenty cells and they have s complex units that makes up their functions and makes them to begin to function as one.

Organisms exhibiting complex multicellularity are big and have cells/tissues that are not usually in contact with their environment. They are have systems that can overcome the limits of diffusion (movement from area of higher concentration to that of lower) must evolve for basic physiologic processes to occur.

7 0
3 years ago
Wildhorse, Inc., is expected to grow at a constant rate of 5.00 percent. If the company’s next dividend, which will be paid in a
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Answer:

the required rate of return on the stock is 12.52%

Explanation:

The computation of the required rate of return on the stock is shown below:

= (Next year Dividend ÷  current stock price ) + growth rate

=  ($1.68 ÷ $ 22.35 ) + 0.05

= 0.075 + 0.05

= 12.52%

Hence, the required rate of return on the stock is 12.52%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
Which of the following types of work do human services workers conduct?
Kisachek [45]

The type of work that human services workers conduct is A. They deliver services to people who need them.

<h3>What is human services?</h3>

It should be noted that human services refers to the services that are given to people such as teaching, barbing, etc.

In this case, the type of work that human services workers conduct is that they deliver services to people who need them.

Learn more about human services on:

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8 0
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