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gogolik [260]
3 years ago
12

The price elasticity of demand for senior citizens purchasing coffee from McDonald's is −5, while non-senior citizens have a pri

ce elasticity of demand equal to −1.25. If it costs McDonald's $0.02 to produce a coffee, the optimal price for a cup of coffee for non-senior citizens and the resultant marginal cost under third-degree price discrimination are:_______.A) $0.004 and $0.02.B) $0.02 and $0.80.C) $0.10 and $0.02.D) $10 and $0.20.
Business
1 answer:
alekssr [168]3 years ago
8 0

Answer:

$0.10 and $0.02. is correct answer

Explanation:

Given:

Elasticity = - 5

Demand = -1.25

Computation:

-e = p / [p-mc]

5 = p / [p-0.02]

5p - 0.1 = p

p = 0.025

for new senior citizen;

1.25 = p / [p-0.02]

p = 0.1

So,

$0.10 and $0.02. is correct answer

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Paano nakakatolong ang mga estruktura ng pamilihan sa pagpapaunlad ng ating bansa​
kicyunya [14]

Answer:

<h3><u>PARA MAS LALO PANG GUMANDA ANG MGA STRAKTURA SA BANSA AT MARAMING MAIGANYUHAN ANG MGA TAO. NAKAKATULONG ITO SA MGA TAONG MAY TRBAHO NA MAY MGA HANAP BUHAY NA MAS LALO PANG LALAGO.</u></h3>

<u>h</u><u>o</u><u>p</u><u>e</u><u>f</u><u>u</u><u>l</u><u>l</u><u>y</u><u> </u><u>h</u><u>e</u><u>l</u><u>p</u><u>:</u><u>)</u>

Explanation:

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5 0
3 years ago
Department G had 2,040 units 25% completed at the beginning of the period, 12,200 units were completed during the period, 1,700
Margarita [4]

Answer:

18261

Explanation:

The first <u>key-point</u> will be that materials are applied entirely at the begining of the production so this part of the cost is quite easy:

You have an ending inventory of 1,700 units and then you have a given data of $9 per unit for direct materials so mulitply those to get:

ending inventory $15,300 materials cost

<u>Next part</u> will be to calculate the conversion cost.

<u />

<u>First step, </u>will be to calculate the conversion cost for the period,

which is direct labor + factory overhead:

78,600 + 26,200 = 104,800

Remember conversion cost = labor + overhead

<u>Second,</u> calculate the equivalent units:

Here we have the data for completed units so we work it like this

<em>Complete units</em>                                                                              12200

(this are finished o they count entirely)

<em>+ ending units x percent of completion </em>                   1700 x 20% = 340

(this are units we work during this period)

<em>- beginning units x percent of completion  </em>            (2040) x 5% = (510)

(this are units we don't work on this period,

they are from the previous month,

so we subtract them)

----------------------------------------------------------------

Equivalent units for conversion cost                                              12030

<u>Third,</u> we are almost there, we will divide this two to get the value of 1 unit of conversion cost

104,800 conversion cost / 12,030 equivalent units = 8.7115 CC per unit

<u>Fourth,</u> calculate the conversion cost for the ending inventory

conversion cost per unit x equivalent units of ending inventory

8.7115 x 340 = 2961

<u>Last Step,</u> we add the materials cost with the conversion cost

15,300 + 2,961 = 18261 VALUE OF ENDING INVENTORY

3 0
3 years ago
On average, companies that create plans have larger profits and grow much faster than companies that don't. true false
Murrr4er [49]
False - because not every business plans work
3 0
2 years ago
Cyclical unemployment is BEST described as unemployment arising from
Ira Lisetskai [31]

Answer:

Contraction cycle or Recession

Explanation:

The cyclical unemployment is due to the cycles of economy ( expantion:Grow and contraction: recession) Under these circumstances unemployment is considered normal as the economy cannot sustain itself always in an expansion cycle.

3 0
3 years ago
Of money's three functions, the one that distinguishes money from other assets is:
NNADVOKAT [17]

Answer:

Medium of Exchange

Explanation:

The main function that distinguishes money from other assets is that everybody accept the money as a medium of exchange, either for our job or to buy things that we are interested.

Always through history the main function of money was to be a medium of exchange because at the begining money didn't exist so you needed to use different things, first salt, then precious metal and today money as we know.

5 0
3 years ago
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