PART 2 - C PROBLEM SOLVING PROBLEM NO.4 Compute for the CR Amount: $3500 market Value productivity ateributable to equipment per year (operating costs have aſready been deduCted from the revenue) $8500 $8500 $8500 $8500 $8500 2 3 4 5 End of Year i= 25%/yr $23500 investment Cost 1,
Q: A firm sells bagels for £0.52 each. With 6 workers the firm produces 48 dozen per hour, and with 7…
A:
Q: Institutions that help to channel funds from savers to borrowers are known as a) corporations. b)…
A: People do not consume their entire income rather they like to save a part of the income for future…
Q: What is supply side economics and what is the general assessment of the efficacy of supply-side…
A: Some refer to supply-side economics as "Reaganomics" or the "trickle-down" doctrine advocated by…
Q: what is monopolistic competition
A: Market is defined as a mechanism in which buyers and sellers engage in order to reach an agreement…
Q: 3- Given the total-cost function C(Q) = Q³ – 5Q² + 12Q + 75, Write out the marginal cost function.…
A: The marginal cost function is the derivative of the total cost function, C(x). To find the marginal…
Q: Why inequality still exist?
A: Inequality refers to the state or situation of not being equal in various aspects such as rights,…
Q: 1. Mrs. Renata converted the payment of her P50,000 debt to five (5) equal payments at the end of…
A: A loan is a contract between two people: a lender (who provides money) and a borrower (who receives…
Q: Marcus was an aircraft mechanic for 27 years. An advancement in technology automated his job, so…
A: Unemployment rate is the percentage of labor force who is looking for a job and are able to work.
Q: Refer to the accompanying table to answer the next six questions. Quantity of Quantity of Monthly…
A: Equilibrium in the market occurs at the intersection of demand and supply curves.
Q: Find the consumer's and producer's surplus if for a product D(x) = 16 – 0.005x² and S(x) = 0.004x² .…
A: Given Demand function: D(x)=16-0.005x2 .... (1) Supply equation: S(x)=0.004x2…
Q: Suppose a country's mobile phone industry is supplied by only two firms (i.e. an oligopoly). Explain…
A: Oligopoly: - it is a market condition where there are few firms or sellers in the market selling…
Q: Determine the point elasticity n of the demand equation 2p?q = 3000 + 1000p^2 when p = 20.
A: Elasticity of demand is defined as type responsiveness of the quantity demand when price of the…
Q: The following diagram shows the structure of cost and demand facing a monopolistically competitive…
A: A monopolistically competitive firm produces at the intersection point of MR and MC. If a…
Q: Refer to the accompanying graph. Which event would cause the supply curve to to the right? O a)…
A: Supply curve is upward sloping. Increase in supply is represented by the rightward shift of the…
Q: Relevant damage categories for compensatory damages include damages that are compensable by law and…
A: Compensatory damages are funds. It is given to a plaintiff to compensate for losses such as damages,…
Q: Cooperation in a Finite Game We have seen that if we play the Prisoners' dilemma with finite…
A: A Finite Game is defined as a game where there are fixed number of players, the players have a fixed…
Q: You have deposited your $20000 lottery winnings in an account that pays 8%interest compounded…
A:
Q: Explanation it correctly Q)Explain on a table the differences between the two macroeconomic…
A: A multiplier is a numerical coefficient used in economics to demonstrate how a change in total…
Q: Suppose the xenophobia situation in South Africa becomes worse, which will cause the average lavour…
A: The Solow model is an economic growth model that examines the change in the output level in an…
Q: If we consider ethics in a global scale, what is likely to stay consistent across different cultures…
A: Ethics: It refers to the values or norms that are followed by the people. Ethics help in framing the…
Q: What is the consumer price index (CPI)? O a) The CPI is a measure of food, clothing, and housing…
A: The Consumer Price Index (CPI) is a proportion of the typical change time in the costs paid by…
Q: Fill in the blanks. Suppose the annual saving rate is 10 percent, population growth is 3 percent per…
A: Given Information - Saving Rate(s) = 10% Population growth rate (n) = 3% Depreciation (d) = 4%…
Q: a machine costs 80,000 and the salvage value after 20 years is 20,000. find the equivalent annual…
A:
Q: If specialization and outsourcing can harm domestic workers, why do countries still engage in trade?…
A: A country specializes in the good which it can produce at a lower opportunity cost than the other…
Q: Suppose that Fizzo and Pop Hop are the only two firms that sell orange soda. The following payoff…
A: The correct answer is given in the second step.
Q: Which of these is a basic goal of the Federal Reserve System? a. export promotion b. zero…
A: The correct answer is given in the second step.
Q: 1. Consider the following normal-form game:
A: Since the question you have posted consists of multiple parts, we will answer the first two…
Q: Robinson Crusoe has a technology represented by the production function = VL where y denotes…
A:
Q: Q (3) Find the price elasticity of supply for the following supply function Q = -2 + 0.8 P when…
A: The supply curve shows the positive relationship between price and quantity supplied. The supply…
Q: How many airplanes would a competitive firm produce if the market price was $14?
A:
Q: Households
A: A circular flow model shows us the direction flow of money and goods and services between the agents…
Q: Many economists attribute the troubles of the Great Recession in housing markets to a) an increase…
A: Stock market crash, which lead to an inquiry at banks, where the sub-prime mortages problems were…
Q: A man bought a lot worth P1,000,000 if paid in cash. On the installment basis, he paid a down…
A: Simple Interest basically refers to a way of calculating interest on a particular principle amount…
Q: In the Lorenz curve, the final entry in the cumulative income column needs to be 0% 45% 100%…
A: Lorenz curve is a curve of distribution of income with an economy.
Q: ves itself. QUESTION 32 Currency in circulation plus bank reserves: OA. form the monetary base. B.…
A: Currency in circulation refers to the amount of money that people hold in their hands.
Q: Period 1 3 4 5 6 Gross Requirements 50 50 50 50 50 50 Scheduled Receipts On Hand Inventory 75…
A: The complete MRP table is shown below. Based on this we can answer
Q: A single-price monopoly transfers economic profit to consumers consumer surplus to producers O…
A: Consumers surplus refers to the area above the price and below the demand curve. Producer surplus is…
Q: An increase in would lead to an increase in long-run economic growth. a) consumer spending and…
A: Economic growth is the permanent increase in real GDP per capita.
Q: Which of the following is correct? The price and the corresponding quantity that the regulator…
A: A natural monopoly exists because of very large initial costs that create the barrier to entry.
Q: Which of the following statements concerning profit-maximizing firms in long-run equilibrium is…
A: A firm maximizes profit by producing at a point where marginal revenue is equal to marginal cost
Q: 1.a Suppose voters always vote for the candidate whose stated position is nearest to their own views…
A: Since you have posted multiple questions, we will solve the first question for you. If you want any…
Q: PART 2 - C PROBLEM SOLVING PROBLEM NO.2 Compute the FW: $3500 market value productivity attributable…
A: A stream of cash flow refers to the flow of cash payments or cash receipts. The period of these cash…
Q: 11. Suppose there is a duopoly of two identical firms, A and B, facing a market inverse demand of P…
A:
Q: 8. From the following graph, show the equilibriums under each scenario. Market is in equilibrium at…
A: Monopoly can be defined as the market structure that can be characterized by one seller who is…
Q: Current Attempt in Progress Two investments involving a virtual mold apparatus for producing dental…
A: Given information Two Conveyor Investment A: Initial investment =$56100 Operational cost=$150000…
Q: Is the lottery a fair way to allocate economic resources? Discuss, referring to both of the…
A: "Investing in stocks is like gambling in a casino" True, both investing and gambling include some…
Q: If immigrants into a country are primarily low-skilled workers, it will most likely reduce all…
A: * ANSWER :- From the above information we observe that the answer is provided below as
Q: The expansion phase of a business cycle occurs from the a) bottom of a trough to the next trough. O…
A: Business cycle refers to increase and decrease real output produced in the economy.
Q: (PERFECT-INFO GAME) Consider the game shown at the right. a. What is the number of pure strategies…
A: We have answered only the first two questions for you, i.e. part (a) and (b) Given, Two Players :…
Q: Demonstrate your understanding of the law of diminishing marginal returns.
A: Law of diminishing marginal productivity states that the marginal production from the additional…
Step by step
Solved in 2 steps
- BVM manufactured and sold 25,000 small statues this past year. At that volume, the firm was exactly in a breakeven situation in terms of profitability. BVM’s unit costs are expected to increase by 30% next year. What additional information is needed to determine how much the production volume/sales would have to increase next year to just break even in terms of profitability? (a) Costs per unit (b) Sales price per unit and costs per unit (c) Total fixed costs, sales price per unit, and costs per unit (d) No data is needed, the volume increase is 25, 000 + 25, 000(0.30) = 32, 500 units.The ore of a gold mine in the province contains, on average, 0.5 ounce of gold per ton. Method A ofprocessing costs 150Php/ton and recovers 93% of the gold, while Method B costs only 120Php/tonand recovers 81% of the gold. If gold can be sold at 1,200/ounce, which method is better and by howmuch?a. Method A, by 43Phpb. Method A, by 42Phpc. Method B, by 42Phpd. Method B, by 43PhpCompany X has $ 938529 in annual fixed costs. The primary product generates $ 7.98 in revenue per unit and has variable costs of $5.50. The annual breakeven quantity is ____ units.
- An industrial engineering consulting firm usually observes a 90% learning curve rate in the installation of enterprise level software with its clients. If the first installation required 75 hours, estimate the time required for (a) the fifth, (b) the tenth, and (c) the twentieth installations. (d) Research the AMCF Code of Ethics. How are these similar to and different from engineering society ethics statements from your discipline?Method of full coating is taking into account a. Only direct costs and respective contribution margin b. All costs including fixed and variable costs c. Only direct costs and respective gross margin d. Total sum of fixed costs,but only a paid amount of variable cosAnswer the 2nd bullet point only (Engineering Economics)
- Mauro Products distributes a single product, a woven basket whose selling price is $17 and whose variable expense is $14.96 per unit. The company's monthly fixed expense is $3,672. a. Solve for the company's break-even point in unit sales using the equation method. b. Solve for the company's break-even point in dollar sales using the equation method and the CM ratio.ENGINEERING ECONOMY RATE WILL BE GIVEN. WRITE THE COMPLETE SOLUTIONS/EXPLANATION LEGIBLY OR TYPEWRITTEN. GIVE STRAIGHT TO THE POINT EXPLANATION. A company is analyzing a make-versus-purchase situation for a component used in several products, and the engineering department has developed these data: Option A: Purchase 10,000 items per year at a fixed price of $8.50 per item. The cost of placing the order is negligible according to the present cost accounting procedure. Option B: Manufacture 10,000 items per year, using available capacity in the factory. Cost estimates are direct materials = $5.00 per item and direct labor = $1.50 per item. Manufacturing overhead is allocated at 200% of direct labor (= $3.00 per item). Based on these data, should the item be purchased or manufactured?Initial Cost: ($300,000)The Study Period: 15 yearsSalvage (Market) Value of the Project: 12% of the initial costOperating Costs in the first year: ($7,500)Operating Costs increase by 5% per yearBenefits in the first year: $30,000 Benefit increase by 13% per yearMARR: 9% per year 1)Determine the NPW, AW, FW of the project. 2) Is the Project acceptable? WHY?
- 2-19. Acellphonecompanyhasafixedcostof$1,500,000 per month and a variable cost of $20 per month per subscriber. The company charges $39.95 per month to its cell phone customers. (2.2) a. What is the breakeven point for this company? b. The company currently has 73,000 subscribers and proposes to raise its monthly fees to $49.95 to cover add-on features such as text messaging, song downloads, game playing, and video watching. What is the new breakeven point if the variable cost increases to $25 per customer per month? c. If 10,000 subscribers will drop their service because of the monthly fee increase in Part (b), will the company still be profitable? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.A vertical oil well has been drilled and completed. The productive zone is between the depths of 2,800 and 2,900 feet, you can assume there is oil in the entire thickness (gross = net). The average porosity is 10%, average water saturation is 20% and the oil formation volume factor is 1.3 RB/Stb. Other reservoirs with similar properties have drainage areas of 40 acres and the recovery factor 10.47305% (it is known with extreme precision!) a) Compute STOIIP and ultimate recovery, using the formals presented in lecture b) This well will also have a gas oil ratio (GOR) of 800 scf/bbl, how much gas is expected to be produced from this well?Ella Ltd recently started to manufacture and sell productDG. The variable cost of product DG is £4 per unit and the totalweekly fixed costs are £18 000.The company has set the initial selling price of product DG byadding a mark up of 40 per cent to its total unit cost. It has assumedthat production and sales will be 3000 units per week.The company holds no stocks of product DG.Required:(a) Calculate for product DG:(i) the initial selling price per unit; and(ii) the resultant weekly profit. The management accountant has established that alinear relationship between the unit selling price (P in £)and the weekly demand (Q in units) for product DG isgiven by:P = 20 - 0:002QThe marginal revenue (MR in £ per unit) is related to weeklydemand (Q in units) by the equation:MR = 20 - 0:004Q(b) Calculate the selling price per unit for product DG that shouldbe set in order to maximize weekly profit. (c) Distinguish briefly between penetration and skimming pricingpolicies when launching a new…