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3 years ago

8

East Coast Cleaners borrows $20,000 for 120 days and pays $400 interest. What is the effective rate of interest if the loan is d

iscounted

1 answer:

Vika [28.1K]3 years ago

5 0

The answer is 4.0 because i you said get your money from

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What is a well-informed, but often neglected, source of free marketing data? A. infomercials B. college professors C. Secondhand

klemol [59]

The correct answer is option B - COLLEGE PROFESSORS. The Academia is a brilliant source of free marketing data, and they are very knowledgeable and well-informed. However, the academia is often neglected because entrepreneurs usually ignore and/or overlook them

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3 years ago

Only one of the approaches to ethical reasoning has as its central tenet that actions are more right if they promote more happin

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A. End-result ethics

Explanation:

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3 years ago

A lower control limit must by definition be a value less than an upper control limit. True or false

SVEN [57.7K]

Answer:

True

Explanation:

The lower control limit is a limit of the quality control characteristics that describe the common cause of variations form the natural control process, that horizontal lines that are drawn in the distance of plus and minus 3. Found usually in the six sigma model of the quality deviation.

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3 years ago

What kind of bread is boiled before it is baked?

Scrat [10]

Explanation:

Breads such as bagels and pretzels are made by boiling them first because boiling sets the crust before it is placed in the oven. The starch on the exterior quickly gels and forms a barrier. This keeps the water from penetrating very far into the bread. Bagels are usually boiled for 30 to 60 seconds per side.

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3 years ago

Suppose you are the manager of a watchmaking firm operating in a competitive market. Your cost of production is given by C = 200

irga5000 [103]

Answer:

1. 20 units

2. $600

Explanation:

1. $C = 200 + 2q^{2}$

MC = 4q

Price, P = $80

For maximizing profits,

Marginal cost = Price of the commodity

4q = 80

q = 20 units

$C = 200 + 2q^{2}$

$C = 200 + 2(20)^{2}$

= 200 + 800

= 1,000

2. Profit = Total revenue - Total cost

= (Price × Quantity) - TC

= (80 × 20) - $1,000

= $1,600 - $1,000

= $600

3. We know that the firm in the short run will be produce at a point where total revenue is greater than the total variable cost

Average variable cost = variable cost ÷ quantity

$=\frac{2Q^{2}}{Q}$

= 2Q

MC = 4Q

Here, MC is greater than AVC at any given point.

so in the short run firm will producing short run positive profit.

4 0

3 years ago