The actions of the millions of producers is driven by self interest.
<h3>Who is a producer?</h3>
A producer is an individual or firm that makes goods and services for consumers. For example, a farmer who plants apples is a producer. Also, the owner of the lemonade stand is a producer.
The goal of a producer is to earn profits all things being equal. Profits is when total revenue is greater than total cost.
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Answer:
The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B.
Payback period A=2,1539 years.
Payback period B= 3,0042 years
Explanation:
The payback period refers to the amount of time it takes to recover the cost of an investment. The payback period is the length of time an investment reaches a breakeven point.
<u>Cash Flow A:</u>
$
I0= - 70.000
1= 28000 = -42000
2= 38000 = -4000
3= 26000 = 22000
Payback period= full years until recovery +
unrecovered cost beginning year/Cashflow during year
Payback period A= 2 + (4000/26000)= 2,1539 years.
<u>Cash Flow B:</u>
$
I0= -80000
1= 20000 = -60000
2= 23000 = -37000
3= 36000 = -1000
4= 240000 = 239000
Payback period B= 3 + 1000/240000= 3,0042 years
<u>The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B. </u>
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Answer:
Rent is $2400
utilities other than cellphone is $625
Total home office expenses is $3025
Explanation:
firstly we need to calculate the percentage of how much in total does the office take in the apartment so we will say (300 square feet/1200 square feet) x 100
which is 25% so then to get the rental expense of the office we will say :
25%x$9600 = $2400 we say 25% which is office space in the apartment multiplied by the total apartment rental to get the office rent expense.
Then for the utilities we will say 25%x$2500 = $625 we multiply like this because the office uses 25% of all the apartment utilities .
thereafter the total home office expenses is the sum of both the rental office expense plus the the utilities other than telephone for the home office expense:
$625 + $2400 = $3025 then we get total home office expenses.
Answer:
a. Qx =9, Qy=9
Explanation:
As per the given data
Q = QX = QY
MRX = 150 - 6QX = 150 - 6Q
MRY = 30 - 4QY = 30 - 4Q
MC = 10Q
Now calculate the Marginal revenue as follow
MR = MRX + MRY
MR = 150 - 6Q + 30 - 4Q
MR = 150 + 30 - 6Q - 4Q
MR = 180 - 10Q
The Equilibrium of the producer will be
MR = MC
180 - 10Q = 10Q
180 = 10Q + 10Q
180 = 20Q
Q = 180 / 20
Q = 9
As we know
Q = Qx = QY
Hence, the value of Qx and QY is 9
