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Alexeev081 [22]
3 years ago
5

Askew Enterprises produces a product with fixed costs of $200,000 and variable cost of $9 per unit. The company desires to earn

a $100,000 profit and believes it can sell 20,000 units of the product. Required a. Based on this information, determine the target sales price.
Business
1 answer:
Jet001 [13]3 years ago
3 0

Answer:$24

Explanation:

Formula : Sales - Variable costs - Fixed costs = profit

x(20,000) - $180,000-$200,000 = $100,000,

x(20,000) = $480000

x = $24

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Society suffers a deadweight loss in a pure-monopoly market because
nekit [7.7K]
A pure-monoply means that a company does not have to compete with other producers within the market. Since they aren't competing with a good or service, they aren't competing with each others customers either. When a company does not have to compete on price/customers they may end up being greedy and have market failure. 
8 0
3 years ago
Suppose that actual inflation is 3 percent, the Fed's inflation target is 2 percentage points, and unemployment rate is 3 percen
Dahasolnce [82]

The government would set its targeted interest at 6.5%

Based on the Taylor's rule

R = π + A + 0.5(A-A*) + 0.5

This is the formula that helps to get the output gap

<u>Definition of terms</u>

R is the nominal federal funds rate

π is the real rate of federal funds = 2%

A is the rate of inflation

A* is the target of of inflation = 2%

Rate of unemployment = 3%

The government has a target of full employment that is at 4 percent.

When we enter the values into the formula

R = 2% + 3% + 0.5(3%-2%) + 0.5%(2%)

= 5% + 0.5% + 1%

= 6.5%

Therefore the government would set its targeted interest at 6.5%

Read more on brainly.com/question/14466278?referrer=searchResults

5 0
3 years ago
What is is the most important factor in what a nation produces and trades
Serga [27]
 <span>The most important factor is currency exchange rate.</span>
5 0
3 years ago
On June 1, 2015, Ivanhoe Company and Shamrock Company merged to form Bridgeport Inc. A total of 752,000 shares were issued to co
kompoz [17]

Solution:

a-1) Calculation of the number of shares used for calculating Basic Earning per share    

No. of shares                         period        

752000                                    3/12                           188000    

1314000                                    9/12                           985500    

Weighted average No of shares outstanding   1173500

a-2) Calculation of the number of shares used for calculating Diluted Earning per share    

                        No. of shares                 period        

                          752000                   3/12                 188000                                     1314000                    3/12                  328500      with Bonds       1340400                    6/12                670200      

Weighted average No of shares outstanding           1186700   

Each bonds to per converted into 44 common stock

i.e. 600 Bonds *44 common=26400 Potential equity shares

b-1) Calculation of earning figures to be used for calculating Basic Earning per share    

After Tax net Income will be earnings = $1614000      

b-2) Calculation of earning figures to be used for calculating Diluted Earning per share    

After tax net Income                                                   1614000      

Interest for the 2017 =600000*7*6/12   21000      

Tax effect on Interest @40%                     8400      12600                                                                                                 1626600

Earnings = 1626600      

7 0
3 years ago
Maria works as a tutor for $10 an hour and as a waitress for $14 an hour. This month, she worked a combined total of 83 hours at
Katena32 [7]

Answer:

$ (-4t+872)

Explanation:

Earning for 1 hour as a tutor= $10

Earnings for 1 hour as a waitress= $14

Total hours worked in the month combined jobs= 83 hrs

Number of hours worked as a tutor for the month= t

Finding the number of hours worked as a waitress for the month= 83-t  hours

Total amount earned that month = amount earned as a tutor+ amount earned as a waitress

Amount earned as a tutor= $10 × t = $10t

Amount earned as a waitress= $14× (83-t)= $ (1162-14t)

Total amount earned combined= $ 10t + $ (1162-14t)

                                                   =$ ( 10t-14t +1162)

                                                   = $ (-4t+872)

4 0
3 years ago
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