Answer:
a) Q = 100M + 60C
b) L = 0
c) L = Q / 60
d) Cost = $66.67
Explanation:
a)
Let M be the self service machines and L be the cashiers hired by company.
M = self service machines
C = hired cashiers
Q = Total output
Each self service machine can process 100 orders per hour = 100M
Cashier can process 60 orders per hour = 60C
Then,
Q = 100M + 60C
b)
Marginal Product of self service machine = 100 / 20 = 5 order per dollar
Marginal Product of cashier = 60 / 10 = 6 order per dollar
Marginal Product of cashier is higher than Marginal Product of self service machine(6 > 5).
Then, demand for self service machine is zero.
L = 0
c)
L = Orders to be processed / Order processed per cashier
L = Q / 60
d)
L = Q / 60
L = 400 / 60 = 6.66666667
Cost = L x 10 = 6.66666667 x 10 = $66.67
Hope this helps!
Answer:
D) South American cocoa bean producers refuse to ship to chocolate producers in the US.
Explanation:
A nonbinding rice ceiling means that the equilibrium price is below the price ceiling, so it will have no effect in real life. In order for the price ceiling to become binding and start to negatively affect the market, the equilibrium price must increase.
The only option that would increase the equilibrium price is option D, since the shortage of a key input will probably result in an increase in the price of the key input. If the price of a key input increases, the cost of producing chocolate will increase, resulting in a leftward shift of the supply curve.
A leftward shift of the supply curve will decrease the total quantity supplied and it will increase the price of chocolate at every level of quantity demanded. This will result in an increase in the equilibrium price which might ultimately change the price ceiling from nonbinding to binding.
Answer:
The computations are as follows
Explanation:
a) Before tax income is
= After Tax Income ÷ (1 - Tax Rate)
= $58,500 ÷ (1 - 0.35)
= $90,000
b) Total Contribution Margin
Contribution Margin = Fixed Costs + Before Tax Income
= $190,000 + $90,000
= $280,000
c) Calculation of Total Sales
Variable Cost is 75% of Sales
SO, Contribution Margin 25% of Sales
Contribution Margin = $280,000
25% of Sales = $280,000
Sales = $280,000 ÷ 25%
= $1,120,000
d) Break Even Point in dollars
Break Even Point in dollar = Total Fixed Costs ÷ Contribution Margin percentage
= $190,000 ÷ 25%
= $760,000
We simply applied the above formula
Marketing synergies often come at the expense of product synergies because : A single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.
<h3>What is marketing synergies?</h3>
Synergy means the sum is greater than the part. Marketing synergy occurs when multiple marketing initiatives are combine to create an effect more than the sum of their parts.
The above means that customers contact one after fewer viewings of marketing messages across various platform.
Hence, Marketing synergies often come at the expense of product synergies because a single customer segment will likely require a variety of products, each of which will have to be designed and manufactured.
Learn more about marketing synergies here : brainly.com/question/1438675
