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horrorfan [7]
2 years ago
14

Applying macroeconomic knowledge to explain the fiscal policy of countries in 2008

Business
1 answer:
Alex73 [517]2 years ago
6 0
Hmm this us hard i am 14
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If fixed costs are $1,200,000, the unit selling price is $240, and the unit variable costs are $110, what is the amount of sales
Lady bird [3.3K]

Answer: The amount of sales required to realize an operating income of $200 000 is a. 10,769 units.

Explanation: We can solve it with a simple equation:

200 000 = 240x - 1 200 000 - 110x

200 000 + 1 200 000 = 240x - 110x

1 400 000 = 130x

1 400 000 / 130 = x

10769, 23077 = x

We check: 240 . 10769,23077 - 1 200 000 - 110 . 10769,23077  = 200000 √

5 0
3 years ago
The time required for an automotive center to complete an oil change service on an automobile approximately follows a normal​ di
sveticcg [70]
Let X be the time or period needed for an automobile center to finish an oil change.

X ∼ N (17, 2.5) 

a) 

P(X ≥ 20) = P((X - 17)/5 ≥ (20- 17)/2.5) = P(Z ≥ 1.2) = .1151 *100 = 11.51% is the answer

b) 
P(X ≥ x) = 0.07 

P (X - 17)/2.5 ≥ (x - 17)/2.5) = 0.07

P (Z ≥ z) = 0.07
look at the z table, 0.07 lies between 1.47 and 1.48, add and then divide you'll get:z = 1.475

1.475 = (x - 17)/2.5 

x = 20.6875 ≈ 21 minutes
3 0
3 years ago
A 16-ounce bottle of Prairie Herb vinegar sells for $4.95, and a 16-ounce bottle of Heinz vinegar costs $1.05 . Prairie Herb vin
Gelneren [198K]

Answer:

Price Skimming

Explanation:

Prairie Herb Vinegar is new to the market and using a price skimming strategy. This is where the product is sold at the highest price a certain customer base will be willing to purchase the product at. This also creates a scenario where a perception of quality is created. As the company attempts to attract more customers they will lower the price of the product hopefully expanding their existing customer base.

5 0
3 years ago
Read 2 more answers
Which sentence best explains the mistake Maggie made? Her mortgage payments are high, and some months, she earns barely enough t
blondinia [14]

Answer:

She failed to properly assess her risk of storm damage.

Explanation: Edge 2021

4 0
3 years ago
Which of the following is considered to be a financial statement?
lakkis [162]

Answer:

Balance sheet

Explanation:

5 0
3 years ago
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