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Tatiana [17]
2 years ago
12

A manufacturer sells his product at $23 per unit, selling all he produces. His fixed cost is $18,000 and his variable cost per u

nit is $18.50. The level of production at which the manufacturer breaks even is
Business
1 answer:
svp [43]2 years ago
5 0

Answer:

4000 Units

Explanation:

x = number of units made and sold

C(x) = cost

C(x) = 18.50x+18000

R(x) = revenue

R(x) = 23x

Breakeven point occurs when the cost and revenue are the same, which produces a profit of 0 dollars.

R(x) = C(x)

23x = 18.50x+18000

23x-18.50x = 18000

4.50x = 18000

x = 18000/(4.50)

x = 4000

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Suppose there are 1000 firms in a market and all are identical. Firm A will hire 20 workers when the wage rate is $10, 25 worker
Triss [41]

Answer:

d. the quantity demanded for the market will increase to less than 30,000 workers.

Explanation:

Missing options:

  • a. the quantity demanded for the market will increase to 30,000 workers.
  • b. the quantity demanded for the market will increase to more than 30,000 workers.
  • c. the quantity demanded for the market will increase, but we can't tell which of the above answers is correct.
  • d. the quantity demanded for the market will increase to less than 30,000 workers.

maximum total demand for labor = 30 (at $8) x 1,000 firms = 30,000 workers, but since the equilibrium rate had been $9 for many years, some workers have already been hired at $9, and it is usually very difficult to lower someone's wage once they have been working. Even thought the quantity demanded will increase, it will probably not be able to reach 30,000 workers.

6 0
3 years ago
What is a sales quota
soldier1979 [14.2K]

Answer: A sales quota refers to a time-bound sales target set by management for a particular region, sales team, or individual rep.

Explanation: Sales quotas are often attached to a daily, monthly, or quarterly period. Sales quotas can be measured in a number of different ways, including by profits, sales, or rep activity

6 0
3 years ago
manolo is released after a three-week stay at a psychiatric hospital. they need to find an apartment near their place of employm
malfutka [58]

She should not have volunteered to be in a psychiatric hospital. People who are classified as "mentally sick" frequently elicit unfavorable responses.

Employment means having a job that is paid against the work you do. Employees are employed by an employer. As in We're striving to boost our employment of women, the term "employment" can also refer to the act of hiring individuals.

A wide variety of mental health conditions—disorders that impact your emotions, thinking, and behavior—are referred to as mental sickness, sometimes known as mental health disorders. Depression, anxiety disorders, schizophrenia, eating disorders, and compulsive behaviors are a few examples of mental sickness.

To learn more about employment

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5 0
1 year ago
Pre-Fab purchased some machinery two years ago for $337,600. These assets are classified as five-year property for MACRS. The MA
faltersainse [42]

Answer:

$153,566.80

Explanation:

Book value of old machine = Machinery Cost*(1 - Accumulated depreciation)

Book value of old machine = $337,600*(1 - 0.20 - 0.32)

Book value of old machine = $337,600*0.48  

Book value of old machine = $162,048

Loss on sale = Sale value - Book value

Loss on sale = $149,000 - $162,048  

Loss on sale = -$13,048

Tax saving due to loss (cash inflow) = $13,048 * 0.35

Tax saving due to loss (cash inflow) = $4,566.80

Total cash inflow = $4,566.8 + $149,000

Total cash inflow = $153,566.80

Therefore, the after-tax salvage value from this sale is $153,566.80.

6 0
3 years ago
How does the fair credit reporting act help the consumer
Step2247 [10]
<h2>Answer with Explanation</h2>

The Fair credit reporting act is the law that protects consumers from miscommunication being used against them. It helps consumers by offering special guidelines on the methods of credit reporting and provide them access to their own credit report. In addition, protected access is also provided to banks, insurance companies or other businesses that offer credits. It also allows consumers to receive a notification of any possible negative notification as well as protect personal account numbers.

7 0
3 years ago
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