To answer this question, the only important values are:
<u>Bin</u>
Units sold = 14,000
Variable cost = $80
<u>Arks</u>
Units sold = 56,000
Variable cost = $60
Calculating for total variable cost:
Total variable cost = $80 * 14,000 + $60 * 56,000
Total variable cost = $4,480,000
Calculating for e:
e = Total variable cost / Total units sold
e = $4,480,000/(14,000+56,000)
e = $64
Answer is letter A.
<span> </span>
The statement that is true here is:
c.
Max has made a counter-offer.
Explanation:
Max here is giving another offer on the above of the offer that is given by Allie the travel agent.
He is trying to bargain himself into a better position in the deal and then to seal it as he can see an obvious profit in the game.
Thus, this counter deal that is offered puts both parties in a situation of advantage and either of the two can make things final or obstruct the deal spending on if they would want this deal to take place on the given terms or would want better terms.
Answer:
markup 200% over cost
selling price 75 dollars
Explanation:
investment 500,000
return on investment : 10%
500,000 x 10% = 50,000
units producted: 1,000
markup per unit: 50,000 / 1,000 = 50 dollar
the markup will be: 25 * X = 50
X = 2 = 200%
selling price: 25 + 50 = 75
75
That fees are called the Closing costs
These payment usually being done when both the buyer and the seller close the deal.
Closing costs can be incurred by either buyer or the seller, such as :
- Attorney fees
- Survey Fees
- documentation fees
- Home Warranties , etc
Answer:
an economy is capable of sustaining or producing without generating higher inflation.
Explanation:
In simple words, potential economy refers to that level of output or GDP that an economy can produce and sustain over along term with its given level of inflation and resources available.
Potential income has to be maintained over a long term and is based on the assumption that all of the resources available, whether human or natural, will be utilized as according to their maximum utility power.