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- WITH SOLUTION PLSIf the profit function for selling smart phone screen magnifier is -4500p2 + 561500p – 11898000, what is the maximum profit that can be expected from selling smart phone screen magnifiers? Question 1 options: $ 0, no profit $ 5,617,681 $ 1,717,764 -$ 8,004,171PLS SHOW COMPLETE SOLUTION
- The manager of a sole distributorship for a famous brand of automobiles was discussingwith the assistant manager the planned introduction by mid-year of a new model, theXP-60. It was decided earlier that the price be set at P400,000, at which level the totalnumber of units sold was estimated at 500 units annually. The assistant manager hassuggested that the price should be set at a somewhat lower level, say, at P360,000 inorder to attract a major segment of the non-targeted market. At this lower price, 1,000units are expected to be sold.1. Formulate the firm’s linear demand equation for the product given the estimates andprojections made.2. What is the (point) price elasticity of demand at price P400,000? At P360,000?3. What is the midpoint arc price elasticity of demand between these two prices?Interpret the result.4. Determine the total revenue (TR) function and the marginal revenue (MR) function.5. Calculate marginal revenue at the originally proposed price and at therecommended…Tanaka Industrial Systems Company is trying to decide between two different conveyor belt systems. System A costs $275,000, has a 4-year life, and requires $81,000 in pretax annual operating costs. System B costs $355,000, has a 6-year life, and requires $75,000 in pretax annual operating costs. Both systems are to be depreciated straight-line to zero over their lives and will have zero salvage value. Suppose the company always needs a conveyor belt system; when one wears out, it must be replaced. Assume the tax rate is 22 percent and the discount rate is 9 percent. Calculate the EAC for both conveyor belt systems.Prominent Sdn Bhd produces furniture at several factories. Its Seberang Prai factoryproduces office chairs. Management aims to increase production in the coming year to 800units per month. Therefore, management is exploring two production strategies for thecoming year. The first strategy is to continue operations with the existing machine, MachineA, and the second strategy is to rent a new machine, Machine B, to produce the office chairs.The monthly rental of Machine B is RM14,000. Machine B takes half an hour to produce oneoffice chair. However, it requires a more skilled labour force with an hourly rate of RM30 perhour.Comparatively, continuing to use Machine A means that costs will remain the same. MachineA is 5 years old and is operating below capacity. The hourly labour rate is RM20 and thematerials required for each unit is RM30. Each office chair is assembled within an hour. Eachunit of the finished office chair is sold for RM120.The fixed monthly running costs of thefactory is…
- For each of the first 50 units, does MR exceed MC?Compute the number of blocks that an ice plant must be able to sell per month to break-even based on the following data: Cost of electricity - P20.00/block Tax to be paid - P2.00/block Real estate tax - P3,500/month Salaries and wages - P25,000/month Others - P 12,000/month Selling price of ice - P 55/blockMenkin’s Tools produces low-cost steel tools. One of their most popular tools is a steel wrench that comes in three sizes. Each of the three wrenches is forged in hydraulic presses. Data for the forging presses are given below? FC VC SP A $ 200,000 $ 6.00 $ 20.00 B $ 150,000 $ 4.50 $ 18.00 C $ 275,000 $ 3.25 $ 15.00 What is the breakeven point (in units) for Press A? 10,657 11,111 12,432 14,286 What is the breakeven point (in units) for Press B? 10,657 11,111 12,432 13,346 What is the breakeven point (in units) for Press C? 14,896 18,865 20,960 23,404
- Monthly sales of a particular personal computer are expected to decline at the following rate of S'(t) computers per month, where t is time in months and S(t) is the number of computers sold each month. S'(t)= -25t^(2/3) The company plans to stop manufacturing this computer when monthly sales reach 900 computers. If monthly sales now (t=0) are 2,100 computers, find S(t). How long will the company continue to manufacture this computer?Please answer correct explain 14 and 15 plz both are Don't answer by pen paper plzA process plant making 5000 kg/day of a product selling for $1.75/kg has annual variable production cost of $2M at 100 % capacity and fixed costs of $700,000. What is the fixed cost per kg at the break even point ? If the selling price of the product is increased by 10%, what is the dollar increase in net profit at full capacity if the income tax rate is 35% of the gross earnings?