Ask question

Ask question

All categories

aleksandrvk [35]

2 years ago

11

A person decides to buy a book to read rather than buying a movie ticket. The movie ticket that the person has given up, is know

n as

1 answer:

Lady_Fox [76]2 years ago

8 0

Answer:

deficit

Explanation:

You might be interested in

IE 9-2 ... PPF Model – If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model)

DerKrebs [107]

Answer:

Severe Inflation

Above $2.34

Explanation:

If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model), then one Risk is a movement toward Point "P" with severe inflation. The corresponding AS/AD Model would move from a Price Level of $2.00 to above $2.34.

8 0

3 years ago

A manufacturer estimates that its product can be produced at a total cost of C(x) = 50,000 + 100x + x3 dollars. If the manufactu

timofeeve [1]

Answer:

The level of production x that will maximize the profit is: 22,966

Explanation:

C(x) = 50,000 + 100x + x³

R(x) = 3400x

P(x) = R(x) - C(x)

= 3400x - [50,000 + 100x + x³]

= 3400x - 50,000 - 100x - x³

= 3300x - 50,000 - x³ .................... (A)

P'(x) = 3300(1) - 0 - 3x²

= 3300 - 3x²

At a critical point, P'(x) = 0

∴ 0 = 3300 - 3x²

3x² = 3300

x² = 1100

x = ± $\sqrt{1100}$

P"(x) = -6x

P( $\sqrt{1100}$ ) = -6 ( $\sqrt{1100}$ ) < 0

by second derivative, 'P' max at x = $\sqrt{1100}$ = 33.17 (rounds)

since x = $\sqrt{1100}$ ,

recall that P(x) = 3300x - 50,000 - x³ from equation (A)

Therefore, Maximum Profit

P( $\sqrt{1100}$ ) = 3300 $\sqrt{1100}$ - 50000 - $\sqrt{1100} ^{3}$

= 3300(33.17) - 50,000 - 33.17³

= 109461 -50,000 - 36495.26

= 22,965.74

Maximum profit is 22,966 to the nearest whole number

5 0

2 years ago

Qué importancia tiene llevar contabilidad para las empresas en El Salvador? ayuda porfavorrr

miv72 [106K]

La importancia de la contabilidad radica en que, sin ella, no sabrías cuánto dinero entra y sale de tu organización ni podrías planear para el crecimiento futuro

7 0

3 years ago

The net income reported on the income statement for the current year was $210,000. Depreciation recorded on equipment and a buil

Lana71 [14]

Answer:

Cash flows from operating activities section

Amount in $

Net income 210,000.00

Depreciation 62,500.00

Change in Accounts Receivable -2,400.00

Change in Inventories 13,500.00

Change in Prepaid Expenses -600.00

Change in Accounts Payable 3,800.00

Change in Salaries Payable <u> -750.00</u>

Cash flows from operating activities <u> 286,050.00</u>

Explanation:

The operating activities includes net income, depreciation and changes in current assets and current liabilities. The depreciation as a non-cash item is added back in the cash flows statement.

An increase in current assets represents an outflow of cash hence the negative value and vice versa. The increase in current liabilities represents an inflow of cash hence it is positive and vice versa. Below are the changes.

Amount in $ Amount in $ D ifference

Change in Accounts Receivable 71,000 73,400 (2,400.00)

Change in Inventories 140,000 126,500 13,500.00

Change in Prepaid Expenses 7,800 8,400 (600.00)

Change in Accounts Payable 62,600 66,400 3,800.00

Change in Salaries Payable 9,000 8,250 (750.00)

7 0

3 years ago

Which of the following is TRUE? *

Katena32 [7]

Answer:

increase income or decrease total expenses

Explanation:

Over budget refers to a situation where the estimated costs exceed the actual resources available or the amount allocated. Over budget is when expenses are more than allocated finances.

There are insufficient funds in an over budget. To address the insufficient funds issue, more resources must be obtained, or the expenses must be reduced.

7 0

2 years ago