What economist is known for the use of microcredit?

John Chen can purchase basic loaves of white bread from a local bakery for $1.50 each and sell them in his deli for $3.00 each.

masya89 [10]

Answer: The difference in daily profit by selling white bread instead of speciality bread is $22.

Daily Profit from selling white bread:

Selling Price per loaf $3 .0

Cost per loaf $1.5

Profit per loaf $1.5 ( 3.0 - 1.5)$

No. of units sold per day 52

Profit per day $52 * 1.5 = 78$

Daily Profit from selling specialty bread:

Selling Price per loaf $4.50

Cost per loaf $2.50

Profit per loaf $2 ( 4.5 - 2.5)$

No. of units sold per day 28

Profit per day $28 * 2 = 56$

Hence the difference in daily profit is $78 - 56 =22$

5 0

3 years ago

Mike's Roadside Market buys produce from area farmers, marks the merchandise at a price that includes some profit, and then sell

vivado [14]

Answer:

reseller

Explanation:

A resller is a person that purchases finished goods and sells them again to customers in order to earn a profit. Resellers do not make changes or modify the products they buy. Resellers can be wholesalers or retailers.

i hope my answer helps you

3 0

4 years ago

The Western and Pacific Railroad has two divisions, the Western Division and the Pacific Division. The company recently invested

slava [35]

The amount of track improvement cost that should be allocated to the Western Division is $3,200,000.

<h3>What amount should be allocated to Western Division?</h3>

The amount that should be allocated to Western Division is a function of the miles travelled on the Western division.

The amount to be allocated to Western Division : (miles travelled on Western division / total miles travelled) x cost of the revision

miles travelled on Western division = 800,000 miles
total miles travelled = 1,200,000 + 800,000 = 2,000,000 miles

The amount to be allocated to Western Division : (800,000 / 2,000,000) x 8,000,000 = $3,200,000

To learn more about cost, please check: brainly.com/question/25717996

#SPJ1

7 0

2 years ago

If a defendant makes an untrue statement of fact about the plaintiff and the statement was intentionally or accidentally publish

bulgar [2K]

If a defendant makes an untrue statement of fact about the plaintiff and the statement was intentionally or accidentally published to a third party, the defendant is held liable for misappropriation of the right to publicity-The STATEMENT HOLDS FALSE

Explanation:

The right of publicity is violated when the unauthorized commercial use of a plaintiff's identity occurs.

A commercial use occurs when the defendant offers the plaintiff's identity to promote the sale of products, services, or fundraising.

The statement stated in the question stands false because

The defendant has not made any unauthorized use of the Plaintiff identity.
No promotion of sale of any product ore services or any fundraising activity is mentioned in the question

Hence ,the Statement hold's False

5 0

4 years ago

You own shares in Supernova Inc. that were purchased at a price of $23 per share. Quicksilver

pantera1 [17]

Answer:

A) 47.83%

Explanation:

The computation of the return is shown below:

= (Supernova price per share - owned purchase price per share) ÷ (owned purchase price per share) × 100

= ($34 per share - $23 per share) ÷ ($23 per share) × 100

= ($11 per share) ÷ ($23 per share) × 100

= 47.83%

Simply we take the difference per share and then divide it by the owned purchase price per share so that the accurate rate of return can be computed

5 0

3 years ago