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3 years ago

Which of the following statements about renting & owning is CORRECT?

Business

2 answers:

elena55 [62]3 years ago

7 0

They both share responsibility and control over the property

yanalaym [24]3 years ago

3 0

The correct answer for this is (b)

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Explain the effect of a tariff on consumer surplus and producer surplus.

rosijanka [135]

The increase in the domestic price of both imported goods and the domestic substitutes reduces the amount of consumer surplus in the market. Tariff effects on the importing country's producers. ... The increase in the price of their product on the domestic market increases producer surplus in the industry.

7 0

3 years ago

A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper Fixed costs Variabl

shtirl [24]

Answer:

Results are below.

Explanation:

Giving the following information:

Fixed costs= $192,000

Unitary variable cost= $320 per week

Selling price per unit= $480 per week

To calculate the total cost, we need to use the following formula:

Total cost= fixed costs + unitary variable cost*number of units

Total cost= 192,000 + 320*number of weeks

Now, the total revenue:

Total revenue= selling price per week*Number of weeks

Total revenue= 480*x

Finally, the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 192,000 / (480 - 320)

Break-even point in units= 1,200 campers

3 0

3 years ago

Nyeil is a consumer products firm that is growing at a constant rate of 6.5 percent. The firm’s last dividend was R3.36. If the

OleMash [197]

Answer:

31.12

Explanation:

Given that,

Growing at a constant rate = 6.5%

Firm’s last dividend, R = 3.36

Required rate of return = 18%

Expected dividend next year = 3.36 × (1 + 6.5%)

= 3.5784

Market value of stock:

= Expected dividend next year ÷ ( required return - growth rate)

= 3.5784 ÷ (0.18-0.065)

= 31.11652

= 31.12

3 0

4 years ago

Hommie Delicacies produces two products (Orapine and Banango) from a joint process. The joint cost of production is GH¢80,000. F

SVEN [57.7K]

Answer:

Explanation:

Joint cost = 80,000

Orapine

cost of 5000 at 20 = 100,000

Incremental Cost of further processing =20,000

Incremental revenue = 5000* (25-20)= 25,000

Incremental income 5,000

Banango

cost of 10000 at 15 = 150,000

Incremental cost of further processing = 20,000

Incremental revenue = 10,000*(16-15) = 10,000

Incremental income = (10,000) loss

If Orapine is processed further , there will be an incremental income of 5,000 compared to Banango that will bring an incremental loss of 10,00 if processed further.

Based on this , it is advised that Orapine be processed further while Banango is not

3 0

3 years ago

Imagine you are the owner of a natural gas company. You can either extract as much of the resource as fast as possible or delay

Arte-miy333 [17]

Answer:

Explanation:

7 0

4 years ago