1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
anygoal [31]
3 years ago
15

The manufacturing shop is producing custom photo imprinted mouse pads for clients. The startup equipment cost $400. A mouse pad

has a production cost of $3. The retail sale is $12.
1). Write a cost function
2). Write a revenue function
3). Give the break-even point
Please help me answer all 3 questions, thanks!
Business
1 answer:
Grace [21]3 years ago
8 0

Answer:

c(x) =400 + 3x

r(x) = 12x

x = 44.44

Explanation:

Given

<u>Cost</u>

Equipment = 400

Production = 3 per mouse pad

Revenue

Sales\ Price = 12

Solving (a): The cost function

Let the number of mouse pad be x and the cost function be c(x).

c(x) =Equipment + Production * x

c(x) =400 + 3 * x

c(x) =400 + 3x

Solving (b): The revenue function

Represent this with r(x)

r(x)= Sales\ Price * x

r(x)= 12 * x

r(x)= 12 x

Solving (c): The break-even point

This is the point where r(x) = c(x)

So, we have:

12x = 400 + 3x

Collect Like Terms

-3x+12x = 400

9x = 400

Solve for x

x = \frac{400}{9}

x = 44.44

You might be interested in
BrewCo sells coffeemakers for $120 each. The firm currently has variable costs per unit of $65. If BrewCo is able to reduce its
sineoko [7]

Answer:

The contribution margin ratio will increase.

Explanation:

Giving the following information:

BrewCo sells coffeemakers for $120 each. The firm currently has variable costs per unit of $65. BrewCo can reduce its variable cost per unit to $58.

Contribution margin ratio= (selling price - unitary variable cost)/selling price

New Contribution margin ratio= (120 - 58)/120= 0.52

Old Contribution margin ratio= (120 - 65)/120= 0.46

5 0
3 years ago
Gillian reprimands an employee in front of his peers for speaking out of turn during a sales meeting. Which of the following typ
kykrilka [37]

Answer:

The correct answer is the option B: Negative reinforcement.

Explanation:

To begin with, in the field of behavioral psychology and business management the concept known as "Reinforcement" refers to the action or process of changing or keeping someone's behavior by the action of having an specific reaction that will be negative or positive accepted by the individual whose behavior we are looking to change or maintain. Therefore that the reinforcement is followed by a particular stimulus that the individual normally has when making the action that we want to change or keep.

The negative reinforcement refers to the process of producing a consequence with the purpose of avoiding or trying to stop certain stimulus so that the individual will stop that behavior in order to avoid the consequence.

8 0
2 years ago
Assume the marginal propensity to consume is 0.75. What will happen if government spending increases by $100 billion
bazaltina [42]

What will happen if government spending increases by $100 billion is:

Real output will increase by a maximum of $400 billion.

<h3>Government spending</h3>

Using this formula

Multiplier=1/(1-MPC)

Where:

MPC=Marginal propensity to consume =0.75

Let plug in the formula

Multiplier=1/(1-0.75)

Multiplier=1/0.25

Multiplier=4

Increase in GDP= Government spending ×4

Increase in GDP=$400

Inconclusion what will happen if government spending increases by $100 billion is: Real output will increase by a maximum of $400 billion.

Learn more about government spending here:brainly.com/question/25125137

8 0
2 years ago
How does inventory differ from other types of purchases and discuss what controls pertain specifically to inventory processes?
Ivenika [448]

Inventory are the products which are directly involved in the manufacturing of a business. Inventory includes raw materials inventory, work in progress inventory and finished goods inventory.

In a merchandising business, inventory includes  all the products available for use. There are inventories in the administrative section of the company also which is  known as the supplies Inventory.

Purchases are a nominal account that forms part in the cost of goods sold. Purchases  term is used in the manufacturing firm  and is the raw materials needed in the production of their product, thus will also form part of the inventory account if there is a left over for it.

Inventory on the other hand can come from the purchases itself in terms of the raw materials.

<u> There are many </u><u>inventory control</u><u> such as the following:</u>

Conducting different  semi annual inventory count to know the actual number of inventory in hand against the monitoring of the inventory

Maintaining security of the facility of the stockroom storage by having cctv and padlock of  the room.

Checking the incoming and outgoing inventory based on the documents given in the store.

Proper segregation of duties must be there, the record keeper should not be the same person as the one holding the inventory.

To know more about inventory here:

brainly.com/question/15118949

#SPJ4

4 0
2 years ago
Commercial banks, savings and loan associations, and credit unions Multiple Choice
Phantasy [73]

Answer:

The correct answer is letter "D": accept deposits and make loans.

Explanation:

Commercial banks are the most common financial institutions there are allowing people have access to<em> deposits, loans, Certificate of Deposits (CDs), mortgages, credit cards, </em>and <em>mutual funds </em>among a wide variety of investment and credit instruments.  

At a lower level, savings and loan associations and credit unions offer deposits and loans but the first ones share the money pooled among its members who share profits and credit unions are non-profit entities mainly formed by employees of the same organization.

7 0
2 years ago
Other questions:
  • What are some specific liquids that have less than 80 percent water?
    10·1 answer
  • An increase in a firm's expected growth rate would cause its required rate of return to a. decrease. b. fluctuate more than befo
    10·1 answer
  • A loss-purchase buy and sell agreement among three partners, funded with individual life insurance, would require how many polic
    6·1 answer
  • All of the following are ways that you as a teen or young adult can improve your credit score EXCEPT...
    8·1 answer
  • ___ are a payment mechanism that are similar to regular bank checks but are transmitted electronically, with a signature in digi
    8·1 answer
  • For each market listed below, determine whether it is best characterized as a Cournot oligopoly, Stackelberg oligopoly, or Bertr
    9·1 answer
  • According to the article "Keeping alive the Big Questions" by Jaweed Kaleem, which was presented this week, what are some reason
    5·1 answer
  • What is the meaning of market testing?
    13·2 answers
  • B2B marketing requires a special, unique set?​
    15·1 answer
  • In the short run, average total costs and average variable costs converge as output increases because:________
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!