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Dima020 [189]
3 years ago
13

Below, you are given the total revenue and total cost associated with producing and selling different quantities of a good. You

will use this information to identify the marginal revenue and marginal cost associated with producing different quantities of the good and the profit associated with each quantity. Lastly, you will identify a rule for maximizing profit.
Scott's Sundaes is an ice cream shop, famous for its root beer floats. Scott's Sundaes is the only ice cream shop in town. The table below provides the total revenue and total cost associated with selling different quantities of root beer floats.
Price of Quants Total Marginal Total Marginal Profit
floats of floats revenue revenue cost Cost
$7.50 0 $5
$7.00 1 $6
$6.50 2 $8
$6.00 3 $11
$5.50 4 $15
$5.00 5 $20
$4.50 6 $26
$4.00 7
Business
1 answer:
GalinKa [24]3 years ago
3 0

Answer:

Fixed costs are the relatively stable, ongoing costs of operating a business that are not dependent on production levels. They include general overhead expenses such as salaries and wages, building rental payments or utility costs. Variable costs, meanwhile, are those directly related to, and that vary with, production levels, such as the cost of materials used in production or the cost of operating machinery in the process of production.

Total production costs include all the expenses of producing products at current levels. As an example, a company that makes 150 widgets has production costs for all 150 units it produces. The marginal cost of production is the cost of producing one additional unit.

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Karolina has been working in integrated marketing communications for High Flying Kites Company. She is very conscious of how muc
Anit [1.1K]

Answer:

Database Marketing

Explanation:

According to my research on the different marketing methods, I can say that based on the information provided within the question the best communication method for achieving her goals would be Database Marketing. This is because this type of marketing technique uses databases to choose the right individual market segments and delivering their marketing message through those channels with the people that are already part of those market segments.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
Read 2 more answers
Can anyone please tell me the right answer
olganol [36]
Commit to buy more in the future
5 0
3 years ago
Koehn Corporation accounts for its investment in the ordinary shares of Sells Company under the equity method. Koehn Corporation
AVprozaik [17]

Answer:

A) a reduction of the carrying value of the investment

Explanation:

Under the equity method, the investor company cannot record dividends as revenue, it must record them as a reduction of the carrying value of their investment. Under the equity method, the value of the investment decreases with cash dividends. This transaction involves only a change between assets, investment decreases while cash increases, no additional revenue is recorded.

5 0
3 years ago
Castle Brew Inc., a leading multinational beverage manufacturing company, coordinates with Waste Yard Inc., a waste management c
ycow [4]

Answer:

Socially responsible business

Explanation:

The company is investing in save the enviroment, so it is assuming his role inside the society. It is performing a policy which  does not seek profit, it seeks to generate a better and sustainable community and world.

It reduces waste and promotes recicling

5 0
3 years ago
People who make goods and services are called _____ . <br> consumers<br> producers<br> investors
Aneli [31]
People who make goods and services are called PRODUCERS.

They are called producers because they produce the goods and services needed by the consumers.

Consumers are people who requires the goods and services provided by the producers.


8 0
3 years ago
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