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victus00 [196]
3 years ago
13

Suppose the price of a tie rises from $45 to $55. using the midpoint method, what is the percentage change in price?

Business
1 answer:
Vinvika [58]3 years ago
4 0
<span>By midpoint formula, the percentage change in the price of a tie = {( $55 - $45) / [($45 + $55)/2]} * 100 = (10/50) * 100 = 20 percent</span>
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In the month of March, Ivanhoe Salon services 550 clients at an average price of $150. During the month, fixed costs were $26,88
Fed [463]

Answer and Explanation:

The computation is shown below:

a. Total sales is

= 550 clients × $150

= $82,500

Variable costs is

= 60% of sales

= 60% × $82,500

= $49,500

Now

Contribution margin is

= total sales - variable costs

= $82,500 - $49,500

= $33,000

and, Contribution margin per unit is

= contribution margin ÷ total units

= $33,000 ÷ 550

= $60

And,

Contribution margin ratio is

= contribution margin ÷ total sales

= $33,000  ÷ $82,500

= 40%

3 0
3 years ago
Refer to the accompanying figures. If Mallory and Rick are the only two consumers in this market, then the market demand for sod
Anni [7]
I think the answer is $0.50, I’m sorry if it’s wrong
3 0
3 years ago
If the spending multiplier equals 5 and equilibrium income is $2 billion below potential GDP, then _____ to reach the potential
rosijanka [135]

Answer:

total spending needs to increase by $0.4 billion

Explanation:

Calculation to determine how much total spending needs to increase or decrease

Using this formula

Increase or Decrease in total spending=Equilibrium income/Spending multiplier

Let plug in the formula

Increase or Decrease in total spending=$2 billion/5

Increase or Decrease in total spending=$0.4 billion

Therefore If the spending multiplier equals 5 and equilibrium income is $2 billion below potential GDP, then TOTAL SPENDING NEEDS TO INCREASE BY $0.4 BILLION to reach the potential real GDP level.

3 0
3 years ago
Crispies is a breakfast cereal manufacturing company. It is shifting its manufacturing process from batch processing to assembly
Vilka [71]

Answer: Plunge installation

Explanation:

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The plunge installation system is also known as the direct installation in which the companies or an organization are shut down their old systems and start install the updated version so that they can easily communication with their clients and the customers in the market.  

Therefore, Plunge installation is the correct answer.

4 0
4 years ago
The net of a triangular prism is shown below.
harkovskaia [24]

The perimeter is the sum of all three sides of the triangle. In this case it is 18.

<u>Explanation:</u>

In geometry, a triangular crystal is a three-sided crystal; it is a polyhedron made of a triangular base, a deciphered duplicate, and 3 faces joining comparing sides. A privilege triangular crystal has rectangular sides, else it is angled.

A triangular prism has two triangular bases and three rectangular sides and is a pentahedron since it has five countenances. Outdoors tents, triangular rooftops and "Toblerone" wrappers - chocolate pieces of candy - are instances of triangular prisms.

6 0
3 years ago
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