The price and quantity of computers that should be produced to maximize the firm’s profits will be $360 and 80 computers.
The demand curve for College Computers is given as (Q) = 800 - 2P where, P = 400 - 0.5Q.
Therefore, the weekly total revenue will be:
= (400 - 0.5Q) × Q
= 400Q - 05Q²
Marginal revenue = 400 - Q
Weekly cost of producing computers will be:
= 1200 + 2Q²
Marginal cost = 4Q
Maximum profit will b earned when MR = MC
Therefore, 400 - Q = 4Q
Collect like terms
4Q + Q = 400
5Q = 400
Q = 400/5
Q = 80
Quantity = 80 units
Therefore, the price will be:
P = 400 - 0.5Q
P = 400 - 0.5(80)
P = 400 - 40.
P = 360
The price is $360.
The weekly total revenue will be:
TR = price × quantity.
TR = 360 × 80
TR = $28800
The total cost will be:
TC = 1200 + 2(80)²
TC = 1200 + 12800
TC = 14000
Therefore, the profit will be:
= TR - TC
= $28800 - $14000
= $14800
Read related link on:
https://brainly.com/question/25238337
At Dec. 31 Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (debit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. The amount of the adjustment for uncollectible accounts would be:
Answer:
to make the money
Explanation:
Which QuickBooks Online report answers the common business question: "Who owes me money?"
Answer:
Accounts Receivable Aging report.
Explanation:
Because you're receiving money.
Small business commonly employ what type departmentalization
Answer:
line departmentalization
Explanation:
Hope this helps:)
~Kisame'sAbs
Sam burned his hand on the stove. The burn was so bad that it permanently scarred his hand and made it hard to grip things. A doctor told him that he could fix the hand through a simple “skin-grafting” procedure. Sam and the doctor entered into a contract to have the surgery for $1,200. After the surgery, Sam’s hand worked perfectly, but he grew hair out of the palm of his hand. Even though he tried waxing his hand and using Nair, he was not able to stop the hair from growing. Did the doctor breach the contract by giving Sam a hairy hand? If so, why, and what should the court do about it?
The swim lane approach to estimating the revenue generated by advertising in different media.. Group of answer choices ..is very effective for determining advertising ROI is very effictive when combined with the walk lane method. ..is prone to overestimating the contribution of specific media advertsing channels. ...is the future of the advertsing industry
Answer:
Explanation:is prone to overestimating the contribution of specific media advertsing channels. is very effictive when combined with the walk lane method.
Newton Company has the following accounts in its general ledger at July 31: Accounts Receivable $40,000 and Allowance for Doubtful Accounts $2,500. During August, the following transactions occurred. Oct. 15 Sold $15,000 of accounts receivable to Fast Factors, Inc. who assesses a 3% finance charge. 25 Made sales of $800 on VISA credit cards. The credit card service charge is 2%.
Based on the transactions that occurred on Aug. 15 and Oct. 25 the appropriate journal entries for Newton Company are:
Aug. 15
Debit Cash $14,550
($15,000×97%)
Debit Service Charge Expense $450
($15,000×3%)
Credit Accounts Receivable $15000
Oct. 25
Debit Cash $784
($800×98%)
Debit Service Charge Expense $16
($15,000×2%)
Credit Sales Revenue $800
Learn more here:
https://brainly.com/question/23530605
Leeuwin Brokerage enters into a lease agreement with Bumble Motors to lease an automobile with a fair value of $77,000 under a 5-year lease on December 20, 2018. The lease commences on January 1, 2019, and Leeuwin will return the automobile to Bumble on December 31, 2023. The automobile has an estimated useful life of 7 years. Leeuwin made a lease payment of $10,900 on December 20, 2018. In addition, the lease agreement stipulates annual payments of $10,900, due on January 1 of 2019, 2020, 2021, 2022, and 2023. The implicit rate of the lease is 6% and is known by Leeuwin. There is no purchase option, no lease incentives, no residual value guarantees, and no transfer of ownership. Leewin incurs initial direct costs of $1,100
Requried:
Assuming that this is classified as an operating lease, what is the amount of the lease liability on January 1, 2019 before the lease payment?
Answer:
Explanation:
$80,273
The following graph shows the supply curve for a group of students looking to sell used smartphones. Each student has only one used smartphone to sell. Each rectangular segment under the supply curve represents the “cost,” or minimum acceptable price, for one student. Assume that anyone who has a cost just equal to the market price is willing to sell his or her used smartphone.
1. Region A (the purple shaded area) represents the total producer surplus when the market price is (Blank) , while Region B (the grey shaded area) represents the change in total producer surplus when the market price changes from $100 to $140 .
In the following table, indicate which statements are true or false based on the information provided on the previous graph.
2. Assuming each student receives a positive surplus, Sam will always receive less producer surplus than Teresa. (True or False)
3. .Producer surplus is smaller when the price is $140 than when it is $100. (True or False)
3. In order for Beth to earn a producer surplus of exactly $60 from selling a used smartphone, the market price needs to be (Blank)
1. The market price that represents the total producer surplus is $140.
Statement True/False
2. Sam will always receive less producer surplus than Teresa. False
3. When the price is $140 producer surplus is smaller than at $100. False
4. For Beth to earn a producer surplus of exactly $60, the market price needs to be $240 ($180 + $60).
Data and Calculations:
Cost Market Price Producer Surplus
A B C D = (B -A) E = (C - A)
Lorenzo $20 $100 $140 $80 $120
Naha $60 $100 $140 $40 $80
Sam $80 $100 $140 $20 $60
Teresa $100 $100 $140 $0 $40
Andrew $160 $100 $140 -$60 -$20
Beth $180 $100 $140 -$80 -$40
The producer surplus represents the excess of the market price over the price a seller is willing to sell an item. For example, Teresa is willing to sell the smartphone at $100. If the market price is $120, she gets a producer surplus of $20 ($120 - $100).
Thus, the market price for a used smartphone must exceed the seller's willingness price to produce a producer surplus.
Learn more: https://brainly.com/question/14942304
Demand and supply (economics)
Answer: B (second option)- The market is in equilibrium.
Explanation:
Not sure if its correct, if its not im sorry, but I got it correct on edg 2021
In your initial post, first you will introduce yourself to your peers. Along with your introduction, share your career goals, such as the type of company you hope to work in or the job role you seek. Next choose an area of business law, such as employment law, contract law, finance law, or environmental law. Name the area of business law you selected, describe what value you think these types of law have from the perspective of running a business, and explain any disadvantages you think these types of law have for businesses.
In a professional presentation to your peers, you must use clear and objective language, which conveys your information in an assertive manner.
As an example, let's assume you have chosen the field of environmental law to work. Your presentation could be constructed as follows:
Personal presentation.Professional Profile.The type of position you want to work.Disadvantages of environmental law for companies.Let's assume that your core career objective is to assist in holding companies accountable for environmental responsibility through environmental law.
Therefore, you must include the reasons that lead companies to be potential causes of environmental imbalance and how environmental law can help and institute more stringent actions for environmental protection.
This is a matter of creativity and should be written by you, but I hope these tips are helpful.
Learn more here:
https://brainly.com/question/4432202
STATE THE MODULES THAT ARE INCLUDED WHEN LEARNING ECONOMICS.
Answer:
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. ... The building blocks of economics are the studies of labor and trade.
In order for money to work properly, there can be only a certain amount of it in
the economy and there must be rules on who can print it. This is an element
of which characteristic of money?
A. Divisibility
B. Acceptability
C. Limited supply
D. Uniformity
Explanation:
A. Divisibilityor C. Limited Supply,
B. Acceptability
Money is a medium of exchange, it is divisible, acceptable, and scarce supply.
What exactly is the definition of money?Something widely accepted as a medium of exchange, a measure of value, or a method of payment: for example. A: newly minted metal currency that has been officially coined or stamped, B: monetary value.
Money's characteristics are:
A. Dissolvability
B. Acceptance
C. Scarcity of Supplies
Therefore, options A, B, and C aptly explain the money's characteristics.
Learn more about the money here:
https://brainly.com/question/14253896
The Los Angeles area has long been plagued by urban smog. Suppose that one of several ozone-reducing policy options is being evaluated by economists using benefit-cost analysis. 1.) Since the policy will be implemented over time, economists assume that per resident benefits will accrue in increments of $500 at the end of each of the next three years. Find the present value of benefits (PVB) for each resident, assuming an annual discount rate of 9%. (2 pts.)
The present value of benefits (PVB) for each resident if there's an annual discount rate of 9% is $1477.
Increment in year 1 will be:
= $500 × (1 + 9%)
= $500 × 1.09
= $545
Increment in year 2 will be:
= $500 × (1 + 9%)²
= $594.05
Increment in year 3 will be:
= $500 × (1 + 9%)³
= $647.52
Therefore, the PVB nominal will be:
= 520/1.09 + 594.05/1.1881 + 647.52/1.295
= $477 + $500 + $500
= $1477
In conclusion, the present value if benefits is $1477.
Read related link on:
https://brainly.com/question/25301867
Parker has two options for buying a car. Option A is 2.1% APR financing over 72 months and Option B is 5.1% APR over 72 months with $2600 cash back, which he would use as part of the down payment. The price of the car is $32,018 and Parker has saved $3200 for the down payment. Find the total amount Parker will spend on the car for each option if he plans to make monthly payments. Round your answers to the nearest cent, if necessary.
The total amount that Parker will spend on the car for each option with monthly payments are as follows:
Option A Option B
Monthly Payment $473.69 $423.46
Total Cost $34,105.45 $36,288.86
Data and Calculations:
Option A Option B
Cost of car $32,018 $32,018
APR 2.1% 5.1%
Period of loan 72 months 72 months
Down payment $0 $5,800 ($2,600 + $3,200)
Total loan amount $32,018 $26,218 ($32,018 - $5,800)
Total Loan Payments $32,018.00 $30,488.86
Total Loan Interest $2,087.45 $4,270.86
Monthly Payment $473.69 $423.46
Total Cost $34,105.45 $36,288.86
Option B:
Auto Price = $ 32,018
Loan Term 72 months
Interest Rate 5.1%
Down Payment 5800
Results:
Monthly Pay = $423.46
Total Loan Amount = $26,218.00
Upfront Payment = $5,800.00
Total of 72 Loan Payments = $30,488.86
Total Loan Interest = $4,270.86
Total Cost (price, interest, tax, fees) = $36,288.86
Option A:
Auto Price = $32,018
Loan Term 72 months
Interest Rate 2.1
Down Payment 0
Results:
Monthly Pay: $473.69
Total Loan Amount = $32,018.00
Upfront Payment = $0.00
Total of 72 Loan Payments = $34,105.45
Total Loan Interest = $2,087.45
Total Cost (price, interest, tax, fees) = $34,105.45
Learn more: https://brainly.com/question/24807970
WellWheats, Inc. produces breakfast cereal and sells each box, or unit, for $7. The company has forecast production for the next three months as follows: July 5,000 units, August 6,000 units, September 3,500 units. Monthly manufacturing overhead is budgeted to be $20,000 plus $5 per unit produced. What is budgeted manufacturing overhead for July
Based on the information the budgeted manufacturing overhead for July is $45,000.
WellWheats, Inc. Budgeted Manufacturing Overhead for the month of July
Monthly Manufacturing Overhead $20,000
Additional manufacturing costs $25,000
(5,000 units x $5 per unit produced)
Total Budgeted Manufacturing Overhead for July $45,000
($20,000+$45,000)
Inconclusion the budgeted manufacturing overhead for July is $45,000.
Learn more here:
https://brainly.com/question/22715656
Kendra is a quality assurance inspector for a toothpaste manufacturer what would be one task that Kendra might perform as part of her job
I give 20 points
Answer:
A. Kendra opens random boxes of toothpaste and inspects the tubes inside.
I am sorry if it is not correct, it just seems like the most logical answer, as she assures the quality of toothpaste.
Which of the following is most unlikely to present a barrier to entry into a market?
Select one:
a.
market forces
b.
patent laws
c.
technological advantages
d.
deregulation
The factor which is most unlikely to present a barrier to entry into a market is deregulation.
Deregulation is the removal or reduction of regulations in order to help stabilise an economy or to give traders a free market
As a result of this, we can see that deregulation does not present a barrier to entry in a market because of the removal of government barriers which otherwise would have made things difficult for a person to get into a market.
Therefore, the correct answer is option D
Read more here:
https://brainly.com/question/4676885
Which of the following types of business ownership has the highest personal liability risk?
A.
A partnership
B.
A sole proprietorship
C.
A C corporation
D.
An LLC
Answer:
A C corporation
Explanation:
Answer:
A.partnership
I have picked out A because in a partnership business,one is responsible for the progress of the business and when the business is in debts,he can even sell his personal property to cover up the loss made
Please answer need help asap
Answer:
Machinery
Explanation:
What's the purpose of the three questions you should ask before using your emergency fund?
The three-question:
Is it unexpected?
Is it necessary?
Is it urgent?
Answer:
to reconsider yourself before spending your emergency funds.
Explanation:
if it's not important then don't use it.
is it unexpected?.. well do you expect to use this fund.
is it necessary?... do you really need this stuff
is it urgent?.... do you need these things right now?
16. A est is NOT showing ons of intoxication but a server who has been monitoring the rest is concerned about the number of drinks the quest has consumed. What should the server do in this situation?
Continue serving the guest but stop when the guests how’s signs of intoxication
Continue serve the guest because he or she can deally handle more alcohol than the average person
stop sere koho to the puest because the post may have a tolerance to alcohol
Ask the quest to leave the establishment immediately
Answer:
Some of the choices seem to have some spelling mistakes but:
The server should stop serving alcohol and if the guest becomes combative/belligerent, ask the guest to leave.
Explanation:
Signs of intoxication might not be immediate, so after a few drinks, the server should stop serving. If the man is a disturbance/combative, the server should call the police department.
There are good ways to handle quest. The server should continue serving the guest but stop when the guests show’s signs of intoxication.
There are different ways to handle an intoxicated customer in a restaurant. The best way is to offer the customer some coffee or food, as a replacement for a drink.
Do call a cab or order a ride home for the customer and never let them drive. Note that a customer may becomes angry, but be patient and escort them outside of the restaurant and call the police if it becomes more than you can handle.
Note that you should not stop serving the guest unless there is signs of intoxication as it will be very rude to do so without any signs shown by the guest.
Learn more about Customer services from
https://brainly.com/question/1286522
Five fishermen live in a village and have no other employment or income-earning possibilities besides fishing. They each own a boat that is suitable for fishing but which has no resale value. Fish are worth $5 per pound, and the marginal cost of operating the boat is $500 per month. The fishermen all fish a river next to the village. According to the following schedule, the fishermen have determined that, when there are more of them out on the river fishing, they each catch fewer fish per month.
Boats Fish Caught per Boat (pounds)
1 200
2 190
3 175
4 155
5 130
If each fisherman acts in his own best interest, will he continue to operate his boat each month? Why or why not?
Answer:
Answer : Per boat operating cost = $500 per month.
Price of fish = $5 per pound.
There are 5 fishermen and each fisherman has 1 boat.
Explanation:
sorry its too short my brain is ded xD
Each fisherman will continue operating their boat each month despite decreased fish catches, as the positive profits outweigh having no income.
Profit = (Fish Caught per Boat × Price per Pound) - Marginal Cost
Fisherman 1: Profit = (200 × $5) - $500 = $500
Fisherman 2: Profit = (190 × $5) - $500 = $450
Fisherman 3: Profit = (175 × $5) - $500 = $375
Fisherman 4: Profit = (155 × $5) - $500 = $275
Fisherman 5: Profit = (130 × $5) - $500 = $150
Each fisherman will continue operating his boat each month even though there are more fishermen using the river, catching fewer fish per boat because the positive profits from fishing ($5 per pound) outweigh the marginal cost of boat operation ($500 per month) ensuring some income.
learn more about Profit here
brainly.com/question/34892562
#SPJ3
Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. They have been paying another company to manufacture the boxes for them but are interested in manufacturing the boxes themselves. They’ve developed the following cost estimates:
Sales (100,000 units) $ 1,000,000
Costs: Fixed Variable
Raw Materials $ 0 $ 300,000
Direct Labor 0 200,000
Factory Costs 100,000 150,000
Selling and Administrative
Costs 110,000 50,000
Total Costs $ 210,000 $ 700,000
Operating Income $ 90,000
1. How many units will Gay and Joy need to sell to breakeven?
If Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. How many units will Gay and Joy need to sell to breakeven is: 70,000 units.
First step is to determine the selling price
Selling price = $1,000,000 / 100,000 units
Selling price = $10
Second step is to determine the Variable cost per unit
Variable cost per unit =$700,000 / 100,000 units
Variable cost per unit = $7
Third step is to calculate the Contribution margin per unit using this formula
Contribution margin per unit = Selling price - Variable cost
Let plug in the formula
Contribution margin per unit = $10 - $7
Contribution margin per unit = $3
Fourth step how many units will Gay and Joy need to sell to breakeven
Using this formula
Break even= Fixed cost / Contribution per unit
Break even = $ 210,000 / $3
Break even =70,000 units
Inconclusion if Gay and Joy developed a neat Bento box for children. The shape of the containers encourages healthy eating, and it is very popular. How many units will Gay and Joy need to sell to breakeven is: 70,000 units.
Learn more here:
https://brainly.com/question/16674064
Education Planning: Suppose you have just had your first child and you want to begin saving for their college education. You estimate that with inflation, the cost of four years of college at a top university will cost a total of $225,000 in 18 years when your child graduates from high school. How much do you need to invest at the end of each month (part a) or year (part b) for the next 18 years to accumulate the $225,000 assuming:
To obtain $225,000 in 18 years it is necessary to save or invest at least 1,041.66 every month and 12,500 every year.
We know the total money that needs to be saved to cover college education is $225,000 and the time to save up this money is 18 years. Based on these two details, let's find out how much you need to save every month and every year.
Total of months:
12 months x 18 years = 216 months.The total you need to save per month:
$225,000 / 216 = 1,041.66.The total you need to save per year:
1,041.66 x 12 = 12,499.99 that can be rounded as 12,500.Note: This question seems to be incomplete; however, I answered it based on the information provided.
Learn more in: https://brainly.com/question/11508361
The people who live on Shangri-La Island consume only rice and fish. Last year, which was the reference base year, the price of rice was $ a pound, the price of fish was $ a pound, and the average urban household spent $ on rice and $ on fish. This year, the price of rice is $ a pound and the price of fish is $ a pound. What is the CPI in the current year?
The CPI in the current year is 226.9.
The consumer price index measures how the cost of a basket of goods in a given economy has changed over a given period of time. Changes in the cost of the basket of good occurs as a result of inflation.
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
The basket of goods for the people of Shangri-La Island are fish and rice. The cost of a basket of good = average amount spent on fish + average amount spent on rice
Cost of basket of goods last year = $20 + 6 = $26
Cost of basket of goods this year = (price of fish this year x quantity of fish bought) + (price of rice this year x quantity of rice bought)
($7 x 2) + ($9 x 5) = $59
CPI in the current year = ($59 / $26) x 100 = 226.9
Please find attached the complete question. To learn more about, consumer price index, please check: brainly.com/question/3870930?referrer=searchResults
Activity-based costing for varying batch production
A manufacturing company has the following two activities associated with completion of products:
The setting up of machines for running batches of products
The actual production of units produced
The company has annual manufacturing overhead costs of $2,000,000, of which $200,000 is directly involved in setting up machines for batch runs. During the year, the company expects to perform 400 machine setups, one setup per batch for a total of 400 batches of production. Assume that the batch sizes vary considerably, but the work involved in setting up the machines is not appreciably different from one job to the next.
If the company estimates that the $200,000 costs associated with setups will yield 400 setups this year, the cost associated directly with each setup will be $ per setup. Because each job will require its own setup, setup costs are viewed as batch costs. Because $200,000 of the $2,000,000 are costs associated with setups, this means that costs associated directly with the production of units equal $.
give the advantages of business partnership structures
Answer:
Your welcome! Hope you have a nice wonderful day :)
Explanation:
One of the advantages of having a business partner is sharing the labor. Having a partner may not only make you more productive, but it may afford you the ease and flexibility to pursue more business opportunities. It might even eliminate the downside of opportunity costs.
Check out this app! It’s millions of students helping each other get through their schoolwork. https://brainly.app.link/qpzV02MawO
Answer:
yeah there are more of us
What happened to the U.S. dollar when President Nixon closed the gold
window?
A. It became part of a total commodity system
B. It came part of a partial fiat system
C. It became part of a total fiat system
D. It became part of a partial commodity system
Answer:
I think it's c but I'm not 100 percent
The Nixon Shock actually directed the future of the Bretton Woods Agreement and the convertibility of U.S. dollars into gold. Nixon uncoupled gold from its set $35 price and stopped the convertibility of dollars into gold by alien governments and central banks.
What occurred to the U.S. dollar when Nixon shut the gold window?
The Nixon Shock actually directed the future of the Bretton Woods Agreement and the convertibility of U.S. dollars into gold. The Nixon Shock stood as the catalyst for the stagflation of the 1970s as the U.S. dollar depreciated.
Nixon uncoupled gold from its set $35 price and stopped the convertibility of dollars into gold by alien governments and central banks. At this moment, the dollar evolved virtually free-floating, estimated only by analogizing it to other order currencies.
Therefore, the correct answer is option C. It became part of a total fiat system
To learn more about President Nixon refer to:
https://brainly.com/question/3392045
#SPJ2
How service managers could use the pigmalion effect in practice give example
Answer:
Employee burnout and work-related stress are linked to the Pygmalion effect of leaders' expectations and influence on workers. For example, higher expectations lead to higher performance, which in turn encourage even higher expectations
