Answer:
The equation that gives the price p they can charge for n shirts is
p = -0.005n + 82
Explanation:
Establish the variables for the equation
n = number of shirts that can sell
p = price per shirt
For case one we have n1 = 5000 p1 =$57
For case two we have n2 = 15000 p2= $7
Calculate the slope remeber that in this case the y will be represented by the price (p) and the x by the number (n) so we have:
m =
Replace in the equation (y-y1) = m (x - x1) with our variables:
(p-p1) = m(n-n1)
p - 57 = -0.005 (n - 5000)
p - 57 = -0.005n + 25
p = -0.005n + 25 + 57
p = -0.005n + 82
To verify we can replace for example the values of n2 to get p2 as follows
p= -0.005 (15000) + 82
p = - 75 + 82
p = 7
If fulfills the condition that for 15000 shirts the price is $ then the equation is correct
Answer:
The answer is $1,042.65
Explanation:
Coupon payment being done semiannually means it is paid twice in a year
N(Number of periods) = 10 periods ( 5 years x 2)
I/Y(Yield to maturity) = 3 percent( 6 percent ÷ 2)
PV(present value or market price) = ?
PMT( coupon payment) = $35 ( [7 percent÷ 2] x $1,000)
FV( Future value or par value) = $1,000.
We are using a Financial calculator for this.
N= 10; I/Y = 3; PMT = 35; FV= $1,000; CPT PV= -1,042.65
Therefore, the market price of the bond is $1,042.65
Answer:
$ 27.10
Explanation:
Given
The direct labor budget 5,800
Variable overhead rate is $9.10 per direct labor-hour.
Variable Overhead = 5800* $ 9.1= $52780
Budgeted fixed manufacturing overhead is $104,400
Total Budgeted Overhead = $ 157180
Budgeted Labor Hours 5800
Predetermined Overhead rate = $ 157180/ 5800= $ 27.10
The predetermined overhead rate is calculated by dividing the total budgeted overhead by the budgeted hours.
The total budgeted overhead includes the variable overhead and the budgeted fixed overheads.
Answer:
Higher prices.
Explanation:
Expansionary monetary policy seeks to grow the economy by increasing the money supply, lowering interest rates, and stimulating demand. As we know from the supply/demand curves, higher demand leads to higher price levels.
Answer:
Becky
Explanation:
A person has absolute advantage in the production of a good if she produces more quantities of the good compared to the other person.
Susan produces 4 pizzas in an hour while Becky produces 5 pizzas in an hour. So, Becky has an absolute advantage in the production of pizzas.
I hope my answer helps you