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Andru [333]
2 years ago
5

11. King Arthur is going into battle and he needs to decide how many more swords and helmets he should buy. The tables show the

total benefit for swords and helmets. Assume each sword costs two dollars and each helmet costs one dollar. If King Arthur only has $10, how many swords and helmets should he buy to maximize his total benefit
Business
1 answer:
Kazeer [188]2 years ago
7 0
Can show the tables?
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Explain question number 1
inessss [21]

The supply curve is a graph that shows quantity supplied at a given price. Quantity is on the x axis and price is on the y axis.

At $8, Maria is willing to supply 35 hours.

at $10, she will supply 40 hours, and at $12 she will only supply 37 hours.

The drop in hours between $10 and $12 makes sense because at $10 working 40 hours she will make $400 dollar. but at $12 she can make more money working fewer hours, and can use her time for other things.

5 0
3 years ago
At the beginning of the year, ACME had an inventory of $600,000. During the year, the company purchased goods costing $2,250,000
babunello [35]

Answer:

COGS (cost of goods sold) = $2,100,000

Gross Profit rate = 0.3

Explanation:

The formula for computing COGS (cost of goods sold) is as

COGS (cost of goods sold) = Beginning inventory + Purchases - Ending inventory

where

Beginning inventory amounts to $600,000

Purchases made during the period is $2,250,000

Ending inventory is $750,000

So, putting the values above:

COGS (cost of goods sold) = $600,000 + $2,250,000 - $750,000

COGS (cost of goods sold) = $2,850,000 - $750,000

COGS (cost of goods sold) = $2,100,000

The formula for computing Gross Profit rate is as:

Gross Profit rate = Gross Profit / Net Sales

where

Gross Profit is computed as:

Gross Profit = Net Sales - COGS

= $3,000,000 - $2,100,000

Gross Profit = $900,000

Net Sales is $3,000,000

So, putting the values above:

Gross Profit rate = $900,000 / $3,000,000

Gross Profit rate = 0.3

4 0
3 years ago
Which of the following will probably earn a higher level income?
aleksley [76]

In my opinion D. a female accountant with a masters degree in business administration, will earn a higher level of income. <em>Explanation- if she has a masters then they may accept her in jobs other people are not able to get without a masters, they may also pay her higher because of it.</em>


<h3>Hope this will help- for more help follow me, or contact me</h3>
7 0
3 years ago
Read 2 more answers
Annual maintenance cost for a particular section of highway pavement are $3,000.The placement of a new surface would reduce the
UkoKoshka [18]

Answer:

$17,877

Explanation:

initial outlay = ?

net cash flows years 1 to 5 = $3,000 - $400 = $2,600

net cash flows years 6 to 10 = $3,000 - $800 = $2,200

assuming that the discount rate is 6%, we need to determine the maximum amount of initial investment that would result in the NPV = 0

in order to do this we have to calculate the present value of the future cash flows:

PV = $2,600/1.06 + $2,600/1.06² + $2,600/1.06³ + $2,600/1.06⁴ + $2,600/1.06⁵ + $2,200/1.06⁶ + $2,200/1.06⁷ + $2,200/1.06⁸ + $2,200/1.06⁹ + $2,200/1.06¹⁰ = $17,877

that means that the maximum amount that can be invested = $17,877, and that way the NPV = 0

7 0
3 years ago
Albert is looking for his first-ever summer job. Eleanor was laid off from the gold mine where she worked because of the decreas
Pani-rosa [81]

True , Cyclical unemployment can be negative.

Explanation:

Cyclical unemployment may be negative as well — when the economy hits its productivity and will be in the economic growth cycle process (works outside its PPC), then cyclical unemployment will be negative. The current unemployment rate is below the standard rate of unemployment.

The given statements are different in each scenario.

There are three elements of employment:

• Structural unemployment, which happens when Jobless people are also not qualified to work

• Frictional unemployment, due to the time needed to find one another by job-seekers and accessible employers

• Cyclical unemployment, because of the status of the business cycle unemployment

8 0
3 years ago
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