Answer:
Minimum Selling Price = $3
∵ MR = P , MR ≥ MC (for sale). ∴ P ≥ MC
Explanation:
Special Order of 11000 arc printers has been recently received by Zena. Additional (marginal) cost per printer = $3 , needed for new product. Fixed manufacturing cost is constant irrespective of production level.
Price equal to Marginal Cost is the minimum condition for seller (Zen) to sell. As; in case of constant prices, price is equal to Marginal (additional) Revenue per unit sale. And, Marginal Revenue should be more than or at least equal Marginal cost to incentivise sale. If Marginal revenue from increased output unit is less than its marginal cost, the sale of that unit is loss making, & wont be done.
Answer:
Operating Machinery
Explanation:
The correct option is - Operating Machinery
Reason -
For a job,
Employers want to make sure you are qualified for the job by having the appropriate degree,
But they also need to know if you have the skill set too.
The top 5 Employment skills are :
- Critical thinking and problem solving
- Teamwork and collaboration
- Professionalism and strong work ethic
- Oral and written communications skills
- Leadership
So,
Communication
, Problem-solving
, Working in Teams are examples of an Employability skill
But Operating Machinery is not an employability skill .
Yes , it is a close system
The future worth of the periodic payment, in this case, annual, can be calculated through the equation,
FV = P x ((1 + r)^n - 1)/ r))
where FV is the future value, P is the periodic payment, r is the interest rate, and n is the number of years. Substituting the known values,
2,000,000 = P x ((1 + 0.06)^30 - 1)/ 0.06))
The value of P from the equation is $25,297.82
Hence, the answer to this item is the fourth choice.
Answer:
(i) (-$5.4)
(ii) (-$162) Loss
Explanation:
(a) Probability of good days (P1) = 24% = 0.24 and Gain on a good day = $390
Probability of bad days (P2) = 36% = 0.36 and Loss on a bad day = $275
Probability of rest of the time (P3) = 0.40 and break even
Expected value of Scott's day trading hobby:
= P1 × Gain on a good day + P2 × Loss on a bad day + P3 × $0
= 0.24 × $390 + 0.36 × (-$275) + 0.40 × 0
= $93.6 - $99
= -$5.4
(b) We need to find the money would be expect, after 1 month (30 days):
= 30 days × Expected value of Scott's day trading hobby
= 30 days × (-$5.4)
= (-$162) loss
