Answer:
The Answer is 11.75
Step-by-step explanation:
1) turn the fraction 5 7/8 into a decimal.
2) 5 7/8 turn into 5.875 when you divide 7 into 8 which will give you 0.875 then you add the 5 you get 5.875.
3) Then divide 5.875 divided by 0.5 give you 11.75.
Hopes this helps.
Answer:
$65,000
Step-by-step explanation:
The question asks to calculate the contribution margin for the month of March.
The contribution margin is mathematically calculated as the selling price per unit minus the variable cost per unit
According to the parameters in this particular question, the contribution margin is selling price - total variable cost = 160,000 - 95,000 = $65,000
Answer: Equilibrium price would be $13.33 and equilibrium quantity would be 133.3 units.
Step-by-step explanation:
Since we have given that
Demand function is stated as
Supply function is stated as
We need to find the equilibrium price and quantity for this device.
For equilibrium, D(p) = S(p).
so, it becomes,
and when we put the value of p in any function:
Hence, Equilibrium price would be $13.33 and equilibrium quantity would be 133.3 units.
