Answer:
b. between $100 and $200
Explanation:
Producer surplus: The producer surplus is a difference between the willing price declared by the producers and the price the producers receives for supplying the goods and services.
In mathematically,
Producer surplus = Willing price - Receiving price
= $400 - $300
= $100
Answer:
Audience
Explanation:
In the situation of prime-time television, we can describe producers who make a wide network to give a platform for Products.
In this case, products refer to an individual who watches or use to see televisions, and advertisers want that audience to see their advertisement, and fulfill their satisfaction so, consumers considered as advertisers.
Answer:
$61,445.20
Explanation:
we need to determine the present value of an annuity, and the simplest to determine this is by using annuity factors:
number of payments = 20
interest rate = 7%
annuity payment = $5,800
present value of the annuity = $5,800 x 10.594 (PV factor, 7%, n= 20) = $61,445.20
if we do not have an annuity table at hand (or in the internet), the formula used to calculate the annuity factor is:
annuity factor = [1 - 1/(1 + r)ⁿ] / r
Answer:
Break-even Sales in Dollar = $240,000
Explanation:
The Breakeven is the level of activity that a business must operate to in order to cover its total costs. It denotes the minimum number of customers or quantity of product that a business must serve or produce inorder for its profit to be equal to zero.
At the break-even point, the busine<em>ss makes no profit or loss because the total revenue equals the total costs.</em>
It is calculated as follows:
Break-even Points (in sales revenue) = <u>Total Fixed cos</u>t
contribution margin
Panera Bread must sell box of bagels worth:
Break-even = 150,000/ 62.5%
= $240,000
Answer:
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Explanation:
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