Answer:
Explanation:
At equilibrium market demand =market supply and there is no pareto improvement over the equilibrium.Pareto improvement is where somebody can be improved off without intensifying other.
At equilibrium,total number of quantities that purchaser needs are equivalent to amounts which a providers needs to sell at a given cost
It does not implies all people will have same pay and market cost can vary by over 5% if request or supply changes
Answer:
1,500 units; 1,000 units
Explanation:
Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit
Fixed cost = $160,000
Sales Mix = 60% of X + 40% of Y
= 0.6X + 0.4Y
So,
Contribution Margin of the Mix:
= (60% × contribution margin of X) + (40% × contribution margin of Y
)
Contribution Margin of the Mix per unit:
= (60% × 80) + (40% × 40)
= 48 + 16
= $64
Break Even Point (in units) = Fixed cost ÷ Contribution margin per unit
= 160,000 ÷ 64
= 2,500 unit
At the Level of break even
:
Unit of X at break-even:
= 60% of 2,500
= 1,500 units
Unit of Y at break-even:
= 40% of 2,500
= 1,000 units
In the states of texas, Andrea is not responsible to pay the inheritance tax as there are no applicability of inheritance tax in texas.
What do you mean by tax?
Tax is an obligatory payment made by the citizens or corporations to the government. These taxes are the major sources of revenue for the government.
As Andrea works as an accountant and lives in Texas, she is exempt from paying the inheritance taxes as this tax is repealed by the state.
Thus, Andrea is not responsible to pay inheritance tax.
Learn more about Tax here:
brainly.com/question/16423331
Answer:
A Dominant Strategy
Explanation:
In game theory, a dominant strategy as the question states is a strategy that seeks to be the better strategy irrespective of what other players do. It is also a strategy that will always yield the highest payoff regardless of the actions of other players.
There are two types of strategic dominance:
A strictly dominant strategy will always provide greater utility to the player using it irrespective of the action or strategy of others
A weakly dominant strategy may not always give greater utility but the strategy strives to ensure that the same payoff or utility is attained equal to the strategy of other players and a greater payoff is attained wherever possible.
Answer: Obtain written consent from Seller Kelly and Buyer Jenny to make appointments
Explanation:
In a situation whereby Blake wishes to enter into negotiations for the purchase of Kelly's property, then Blake needs to obtain written consent from Seller Kelly and Buyer Jenny to make appointments.
The reason for this is because Blake already has a written agreement to represent seller Kelly and buyer Jenny that also authorizes Blake to act as an intermediary.