Answer:
TC = $122, MC = $22
Explanation:
Total cost = Fixed cost + Variable cost
Total cost of producing 11 gelatos
$100 + $22 = $122
Marginal cost of producing 11 gelatos
MC = Change on total cost / change in quantity
=
= $22/1
MC = $22
Answer:
D) Price and Quantity Supplied
Explanation:
A supply curve is a graphical representation which involves the relationship between the price of a product and the quantity supplied of that product.The vertical axis on the graph represents the price of the product or commodity while the horizontal axis on the graph represents the quantity supplied of the product or commodity. The supply curve is illustrated as an upward slope from left to right because of the relationship between the price of the product and the quantity supplied of the product or commodity.
Answer:
The maximum price of the stock that can be paid is $13.75
Explanation:
The value can be found using the Dividend Valuation Model the value of the stock can be calculated from the following formula:
Value of Stock = Dividend paid / Required rate of return
By putting the values we have:
Value of stock = $1.65 / 12% = $13.75
Made leader , only people who are born leaders are dictatorship countries like north korea
Answer:
the degree of operating leverage is 5
Explanation:
The computation of the degree of operating leverage is given below:
= Contribution margin ÷ EBIT
= (Sales - Variable expense) ÷ (Sales - Variable expense - Fixed expense)
= ($670,000 - $420,000) ÷ ($670,000 - $420,000 - $200,000)
= $250,000 ÷ $50,000
= 5
Hence, the degree of operating leverage is 5
