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liubo4ka [24]
3 years ago
8

If the market price of each camera case is $8 what is the profit-maximizing quantity? 300 units 400 units 500 units 600 units

Business
1 answer:
Serjik [45]3 years ago
3 0

Profit will be maximum for the firm where marginal revenue = marginal cost.

Since, the market price is fixed at $8 and therefore each additional unit of camera will be sold at $8.
Hence, marginal revenue = $8.

From the table, it is clear that cameras are manufactured in batches of 100.

Marginal cost is the cost incurred to produce one additional unit of camera. It will be calculated by taking the difference of successive variable costs (or total costs) divided by 100.

To produce 400th unit, marginal cost = (2760 - 1960)/100 = $8

Hence, profit maximising quantity isB. 400 (MR = MC)

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Blowing Sand Company has just received a one-time offer to purchase 9,400 units of its Gusty model for a price of $30 each. The
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Answer:

Net income from special order = $56,400

Blowing Sand Company  should accept the order because it will increase net income by $56,400

Explanation:

In order to carry out an incremental analysis, only relevant cash flows should be considered.

The relevant cash flows from accepting the special order are the variable costs and the sales revenue.

Please, note that the fixed costs are not relevant for this decision. Simply because they would be incurred either way.

1.  The sales revenue from the order- $30 × 9400 = $282,000

2. the variable cost of production   $24 per unit × 9,400 = $225,600

The contribution from the special order would be determined as follows:

Contribution from special order = sales revenue - variable cost

= $282,000 - $225,600

= $56,400

Blowing Sand Company  should accept the order

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3 years ago
What do you call the surface of a fabric created by plucking yarns from it with little needles on rotating drums?
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Answer:

Answer is Nap.

Explanation:

The surface of the fabric that is used to pluck yarn from fabric is called nap. The process is called napping, in which the fibres are teased and then the soft fur-like surface is created. This process is mostly used yarning of blankets and woollen fabrics.

4 0
3 years ago
All of the following are examples of a capital project EXCEPT
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Answer:

c

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Data that can be modeled as dimension attributes and measure attributes are called _______ data.
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Data that can be modeled as dimension attributes and measure attributes are called <u>_Multi-dimensional__</u> data.

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In the multi-dimensional data set you can manipulate different perspective and dimension by features or attributes. Multi-dimensional data modeling can dig deeper for deriving insights than the two-dimensional relational data set.  It can view the data in the form of a data cube. Data cube can be modeled and viewed as in multiple dimensions.

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2 years ago
Jane Moreland receives $500 per month from Social Security and her husband, Josh, receives 180 percent of the amount Jane does.
Minchanka [31]

Answer:

Jane's Social security = $535.71

Josh's Social security = $964.29

Explanation:

Jane's Social security = $500

Josh's Social security = $500 x 180%

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5 0
3 years ago
Read 2 more answers
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