Answer:
Options B and C are correct.
- Marginal profit is negative.
- Profit is positive.
Explanation:
At q = 150
R = 80q = 80(150) = 12,000
C = 0.002(150)3 + 22(150) + 750 = 6750 + 3300 + 750 = 10,800
R > C so first is incorrect.
MR = 80
MC = 0.006(150 x 150) + 22 = 135 + 22 = 157
MC > MR so B is correct.
Profit = TR - TC = 80(150) - 0.002(150)3 - 22(150) - 750 = 12000 - 10800 = 1200
Profit is positive.
Marginal profit = MR - MC = 80 - 157 = - 77
MR is Negative
c. history of the Great Depression
Answer:
(a) $200,100
(b) $200,100
Explanation:
The movement in the accounts receivable balance at the start and end of an accounting period is due to cash payments, additional credit sales, and any amount written off during the period.
This may be expressed mathematically as
opening balance + sales - cash collected - amount written off = closing balance
$35,100 + $361,800 - cash collected = $196,800
Cash collected = $35,100 + $361,800 - $196,800
= $200,100
Answer: 2,900 shovels
Explanation:
Ending Inventory = Beginning Inventory + Total Inventory Purchased - Sales
900 = 500 + Total produced - 2,500
Total Purchased = 900 + 2,500 - 500
Total purchased = 2,900 shovels
NB; There was no beginning balance in your question so I gave a random figure of 500 units. Use the equation if the figure is different.
Answer:
Martha
Based on the data and assuming these trends continue,
Investment in Handy Prosthetics is preferred as it would give Martha a stable long-term investment.
Explanation:
a) Data:
Handy El Lobo Malo
Prosthetics Incorporated
Standard deviation of stock prices = $1.05 $9.82
b) The above standard deviations measure the spread of the stock prices over their daily stock closing prices in one year. The Handy Prosthetics' stock does not fluctuate as much as the El Lobo Malo's stock. This reduced fluctuation in prices makes it a more stable investment than El Lobo Malo's stock. Therefore, Martha should prefer the Handy's stock to the El Lobo Malo's stock.
