If peanuts cost .25 per bag, you would divide $10 by .25 to determine how many bags you are able to buy.
Answer:
D 0.60.
Explanation:
Elasticity of Supply measure the responsiveness of supply against the change in price of the product.
Using mid point method
Change in Quantity = ( S2 - S1 ) / [ ( S2 + S1 )/2 ]
Change in Quantity = ( 30 - 20 ) / [ ( 30 + 20 )/2 ]
Change in Quantity = 10 / 25
Change in Quantity = 0.4
Change in price = ( P2 - P1 ) / [ ( P2 + P1 )/2 ]
Change in price = ( $20 - $10 ) / [ ( $20 + $10 )/2 ]
Change in price = $10 / $15
Change in price = 0.67
Elasticity of Supply = Change in Quantity / Change in Price
Elasticity of Supply = 0.4 / 0.67
Elasticity of Supply = 0.597 = 0.60
<span>The veteran chosen would probably be Veteran B. Veteran A seems like he has been doing well for himself financially, and additional funds would only help to enrich him further. Veteran B has a more immediate need for the money: to buy a house large enough for him and his mother, who is probably the caretaker due to his severe injury.</span>
Answer:
d. quality.
Explanation:
-Delivery area refers to the places in which the appliances can be delivered.
-Quantity refers to the amount of appliances that the company can produce and sell.
-Price refers to the amount of money that customers would pay for the appliances.
-Quality refers to the degree in which the appliances can meet the customer's requirements.
According to this, the answer is that based on its customers, ABC should try to dominate the market in quality because its products meet the expectations of professional chefs and that should be market to focus on as the company can have an important advantage by providing exactly what they need.
The other options are not right because professional chefs are interested on what they can do with this appliances and not on price, quantity or delievery area.
Answer:
Differential cost = $4 per unit
Explanation:
For a make or buy decision the relevant cash flows include
- the differential variable of the two options
- savings from avoidable fixed costs associated with internal production
Differential cost = internal cost - External purchase price
= 15- 11
<em> = $4 per unit</em>
