Answer:
Q is 98
Explanation:
Marginal (average) cost (including opportunity cost) = $8 + $2 = $10
Profit is maximized when MR = MC = 10.
P = 402 - 2Q
Total revenue (TR) = P x Q = 402Q - 2Q^2
MR = dTR/dQ = 402 - 4Q
Equating with MC,
402 - 4Q = 10
4Q = 392
Q = 98
Answer:
Hence, the quote that should be listed in the newspaper is 102.024
Explanation:
The computation of the quote that should be listed in the newspaper is shown below:
Quote would be listed is
= $10,275 ÷ $10,000 × 100
= 102.75
= 102 : 0.75 × 32
= 102.024
Hence, the quote that should be listed in the newspaper is 102.024
hence, the same is to be considered by taking all the information given in the question
Answer:
b. $2,720,000
Explanation:
The contribution margin is what is left after subtracting the variable cost from the sales.
From there, the company pays their fixed cost and the rest is net income.
In this case you have a company desiring to get 720,000 net income after paying their 2,000,000 fixed cost
So we come up with with formula:
Replacing the know values, we get the unknow value. Like it was a solve for X question:
Answer:
<u>Democracy.</u>
Explanation:
Democracy is a social organization characterized by popular influence and participation in the political decision-making process. In the democratic regime, the people are free to choose their rulers through votes.
It can be defined in a broader context as a constitutional, electoral and administrative order, the foundations of which must be established according to a social system. Some fundamentals of democracy are:
- Freedom of expression and opinion of the individual.
- Freedom of expression and political opinion of the individual.
- Equal political rights and favorable opportunities for the people and parties to speak out on decisions of general interest.
