She needs to calculate how much her item costs to make. She might also need to know her revenue
Answer:
The correct answer is B.
Explanation:
Giving the following information:
26,000 units:
Total variable costs= $448,500
Fixed costs= $507,000
<u>First, we need to determine the unitary variable cost:</u>
Unitary variable cost= 448,500/26,000
Unitary variable cost= $17.25
<u>Now, the total cost for 24,000 units:</u>
Total variable cost= 24,000*17.25= $414,000
Total fixed cost= $507,000
Total cost= $921,000
Answer:
The correct answer is the interviewee. You can use the term candidate as well.
Explanation:
The purpose of conducting an interview is to identify a potential candidate for the job. During the process, many aspects of an individual's personality and technical proficiency is evaluated.
Answer:
Given that,
Percent Change in prices = 10%
Percent Change in quantity demanded = 20%
Therefore,
Price elasticity of demand = 
Price elasticity of demand = 
Price elasticity of demand = 2
Hence, price elasticity of demand is greater than 1 which means that the Tasty Treat Tea has a elastic demand.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
In a perfectly competitive market with 50 firms, output is zero at prices less than $20.
At prices of $20 to $29.99, each firm will produce 1 unit of output.
At a price of $27, the industry produces 50*1= 50 units.
At any price of $30 or more, each firm will produce 3 units of output.
At a price of $35, the industry produces 50*3= 150 units.
