Answer:
1. Compute the activity rate for each activity cost pool. (Omit the "$" sign in your response.)
Activity Cost Pool Activity Rate
Machine setups $ per setup $140
Special processing $ per MH $35
General factory $ per DLH $10
Explanation:
See the attached picture for explanation.
Answer:
The use of a limited-time offer to persuade people to make a purchase is an example of the principle of scarcity
What is Scarcity?
A situation in which unlimited wants exceed the limited resources available to fulfill those wants.
Answer:
Option D is correct
Explanation:
The reason is that increase in tax lowers the demand of the products. When the government imposed additional taxes on vodka, the demand will obviously fell. Now the vodka manufacturing company in retaliation of imposed taxes, will have to lower its price to still attract its customers. Now the difference in this ($3) decrease in price and ($5) increase in taxes is $2 additional cost per unit, which the buyer will have to bear. This means sixty percent of the additional cost (3/5*100) will be beared by the vodka seller. The increase in prices of the Vodka will decline the demand of the product, which means fewer products would be sold.
The firm will exit or leave the industry as its not making any profits.
<h3><u>CALCULATION OF THE PROFITS</u></h3>
According to the Question,
The firm produces at P = MC
Where we know,
Q = 55 units
P = $4.78
ATC or Average Total Cost = 6.76
AVC or Average Valuable Cost = 3
P > AVC so the firm produces to minimize losses at the MC = P.
Profit = ( P - ATC ) × Q
=( 4.78 - 6.76 ) × 55
= - 108.9
The profit is - 108.9 dollars per minute.
As the firm in the industry is making losses ( a negative profit ) so it will exit the industry in the long run.
To know more about competitive firms, check the given link.
brainly.com/question/28104159
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Answer:
dang sucks hi though and ok and what lol