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valentina_108 [34]
3 years ago
11

At higher prices, what happens to the opportunity cost?

Business
1 answer:
kirill115 [55]3 years ago
8 0
B. i think it gets larger bc law of demand says that w higher prices, buyers will demand less of a product.
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Cherries on Top, a national ice cream shop, is struggling financially to keep up with the bigger chains. The top executives have
marin [14]

Answer:

The correct answer is letter "B": utilitarian approach.

Explanation:

The utilitarian approach is a corporate practice by which managers make benefit/costs decision attempting to maximize the benefits by minimizing the costs. This approach is implemented to safeguard stakeholders' investments which represents one of the main sources of income for the company to keep their operations up.

8 0
3 years ago
Dybala Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Sel
Tanya [424]

Answer:

  • Increase of $8,900

Explanation:

  • It means that if the investment in advertising generate an increase of 330 units of sales it would have an increase in the income of the company of $8,900.

  • Initial Situation

Dybala  

5,320      Quantity

$ 125,0     Unit Price

$ 665,000 Total Net Sales

100%        Percentage

-$ 75,0     Unit Variable Cost

-$ 399,000 TOTAL Variable Cost

60%         Percentage

$ 50,0      Unit Cont Margin

$ 266,000 Contributing Margin

40%                % Contribution

-$ 240,000 Anual Fixed Costs

$ 4,9        Unit Segment Margin

$ 26,000 Segment Margin

4%            % Contribution

  • New Situation with the incremental sales.

Dybala  

5.650       Quantity

$ 125,0     Unit Price

$ 706.250 Total Net Sales

100%        Percentage

-$ 75,0      Unit Variable Cost

-$ 423.750 TOTAL Variable Cost

60%         Percentage

$ 50,0      Unit Cont Margin

$ 282.500 Contributing Margin

40%         % Contribution

-$ 247.600 Anual Fixed Costs

$ 6,2        Unit Segment Margin

$ 34.900 Segment Margin

5%             % Contribution

5 0
3 years ago
What are the characteristics of a mixed economy?
Oxana [17]
A characteristics of a mixed economy is a mix of both private and government control.
7 0
3 years ago
Your Aunt Elsa has $500,000 invested at 6.5%, and she plans to retire. She wants to withdraw $40,000 at the beginning of each ye
Ksju [112]

Answer:

22.85

Explanation:

Present value (PV): $500,000

Rate: 6.5% per annual

Payment (PMT) : $40,000 per year

We can use excel to calculate the maximum number of whole payments that can be withdrawn before the account is exhausted

=NPER(rate, PMT, -PV,,1) = NPER (6.5%,40000,-500000,,1) = 22.85

Download xlsx
7 0
3 years ago
A lease for a period of more than one year must be in writing to comply with the __________ . (a) leasehold estate (b) statute o
Yakvenalex [24]

(b) Statue of frauds

<span>Statue of frauds is generally the requirement of particular contracts to be in writing and signed by all parties involved in an agreement. In the context of real estate, the statue of frauds protects tenants from unfair eviction or tenancy termination. Similarly, it protects property buyers from sellers’ “change of mind” or refusal to sell the property on the grounds that the seller obtained a higher offer price from another interested buyer. However, there are exemptions to the statue of frauds which vary from state to state. </span>

7 0
3 years ago
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