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Vesna [10]
3 years ago
7

You sell hockey goals for $200 each. weekly sales are 60 units. you estimate that for every $10 you increase the price, sales dr

op by 3 units per week. what will be your weekly revenue from hockey goals at a price of $300?
Business
1 answer:
wariber [46]3 years ago
4 0
If for every $10 increase sales drop by 3 units when you increase to $300 you will lose 30 units. 

($10)(10) = 100
(10)(3) = 30

60 units - 30 units = 30 units. 
($300)(30) = $9,000 is your weekly revenue at a price of $300 per unit.
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Negative externalities are created when
katrin2010 [14]

Answer:

The correct answer is (C)

Explanation:

Negative externalities occur when an individual or firm making a choice negatively affect other parties.  A driver who recklessly drives a car on a busy highway is a negative externality because the amusement of the driver is negatively affecting other people. A negative externality arises when the benefit of a decision is less than the negative outcomes of that decision.

3 0
3 years ago
1. Consider an economy with a population of 100,000 households. 60 percent of households reportan annual income of $25,000 ("low
Leona [35]

Answer:

The total income earned by households in this economy is:

$4,700,000,000

Explanation:

a) Data and Calculations:

Household population = 100,000

Low earners = 60% with annual income of $25,000 each

Mid earners = 30% with annual income of $70,000 each

High earners = 10% with annual income of $110,000 each

60% of the population = 60,000 (100,000 * 60%) households

30% of the population = 30,000 (100,000 * 30%)  households

10% of the population = 10,000 (100,000 * 10%)  households

Total income earned by the households:

Low earners = 60,000 * $25,000 =      $1,500,000,000

Mid earners = 30,000 * $70,000 =         2,100,000,000

High earners = 10,000 * $110,000 =        1,100,000,000

Total income earned in the economy $4,700,000,000

3 0
2 years ago
A new children's hospital is being built in Springfield, and Friendly Corp. has publicly pledged that it will contribute $5 mill
frozen [14]

Answer:

Following are the solution to this question:

Explanation:

By IAS 1 — Annual Report presentation, 3 concepts were all first consideration, its second consistency as well as the third reporting framework related to investment based that can be define as follows:

  • Full accrual basis: its IAS 1 allows an organization to compile all financial reports through an accounting standards basis, with exception of working capital details. Even more cash accounting is a method to record profit or expenditure account balances when they are made.
  • All financial statements throughout the United States were repayment-based. Any cost will not be reported underneath the accrual system once it is accruing. It implies that recognition is irrelevant whenever a company pays cash to pay an expense.
  • Thus the allocation of 2 million to the year that the Pleasant Corp. was created must be listed as just an expense. As well as the remaining payment amount must be listed as expenses once it is paid. Future interventions throughout the current FY should not be published.
  • Also, notice the payment incoming to ensure that you will be prepared when due, but just don't join the way of supporting using the cash method. It simply reports an expense of what you are pay if you make a payment when you choose to use the cash method. Consequently, until the next date, you would not modify your reporting, which is also known as journal entries.
5 0
3 years ago
9.To what part of an industry does a worker's education contribute?
laiz [17]

Answer:

human capital

Explanation:

Human capital is the economic value brought by workers' experience and skills. It is the attributes, abilities, and quality of labor to influence a firm's productivity. Human capital is enhanced through education, training, and work experiences.

Human capital is an intangible asset to a business. Human capital is a critical element if a business is to achieve its goals. Due to this reason, companies are always investing in improving the quality of their human capital.

4 0
3 years ago
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Ho
Brrunno [24]

Answer:

37.7 hours

Explanation:

Calculation to determine what The delivery cycle time was:

Using this formula

Delivery cycle time=Wait time +Throughput time

Where,

Wait time=28.0

Throughput time=Process time 1.0+ Inspection time 0.4+ Move time 3.2 +Queue time 5.1=9.7

Let plug in the formula

Delivery cycle time=28.0+9.7

Delivery cycle time=37.7

Therefore Delivery cycle time was 37.7

7 0
2 years ago
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