Answer:
(a) $570
(b) $680
(c) $110
Explanation:
(a) Total revenue refers to the revenue that is obtained by selling a particular quantity of goods at a particular price.
Hot Air's total revenue when the quantity is 3 rides per month:
= Quantity of rides × Price per ride
= 3 × $190
= $570
(b) Hot Air's total revenue when the quantity is 4 rides per month:
= Quantity of rides × Price per ride
= 4 × $170
= $680
(c) Marginal revenue is defined as the revenue obtained from an additional unit sold.
In this case, it is calculated as the difference between the total revenue obtained from the 3 rides per month and the total revenue obtained from the 4 rides per month.
Hot Air's marginal revenue when the quantity increases from 3 rides to 4 rides a month:
= $680 - $570
= $110
Missing information: Market demand schedule is missing from the question. Hence, it is attached with the answer.
In the telecom industry, the threat of new entrants is most likely low.
Threat of New Entrants<span> is a factor that analyzes how </span>likely it is for a new entrant to enter the competitive environment a company operates. Because the telecom industry in New Taria is <span>characterized by the presence of strong network effects, high brand loyalty, high economies of scale it is very unlikely for a new telecommunication operator to enter the industry.</span>
Answer: a) Maude likely can successfully sue her employer for violation of a Whistleblower Protection Law.
Explanation:
Whistleblowers are people who call attention to illegal activities in their workplace which means that Maude qualifies as one.
In order to encourage people to speak out and call attention to illegal activities in the workplace, there are several laws at both Federal and State level that are aimed at protecting employees should they report said illegal activities.
This is why it is likely that Maude can sue her employer for violation of such laws but she must do so speedily to ensure that she can be helped as some of these laws tend to be limited.
Answer:
99.035%
Explanation:
Data provided in the question:
CPI in 1979 = 72.6
CPI in 1993 = 144.5
Now,
The percentage by which prices rise during the period 1979-1999 will be calculated as :
= [ (CPI in 1993 - CPI in 1979 ) ÷ CPI in 1979 ] × 100%
or
= [ (144.5 - 72.6 ) ÷ 72.6 ] × 100%
or
= [ 71.9 ÷ 72.6 ] × 100%
or
= 99.035%
The percentage by which prices rise during the period 1979-1999 is 99.035%
Answer:
5 years
Explanation:
According to the conservative end of period cash flow approach, cash flow is only computed at the end of the period. Therefore, the payback occurs at the year when the balance ceases to be negative. With constant cash flows of $25,000:
The payback period is 5 years.