Seller Unit Costs Values Unit Buyer 1st 2nd 2nd 1st 103 121 130 149 117 107 145 119 113 141 115 123 125 137 127 131 109 133 135 138 105 129 135 111 123 456 1234 56

Q: Figure A Q Figure B Figure C Price (dollars per unit) 15, 14- 13- 12- 11- 10- Price (dollars per…

A: In a perfectly competitive market, there are large number of firms producing similar and identical…

Q: Calculate profits given:- Total revenue = $10,000 Total cost = $7700

A: The data presented in the question above is:- Total revenue = $10,000 Total cost = $7700 Using this…

Q: STORES & SALES 16 14 12 10 8. 4 2 100 200 300 400 500 600 SALES STORES

A: Graph 1 measures sales on the horizontal axis and measures Stores on the vertical axis.  Graph 2…

Q: Design 3-year Financial forecast for a car- sharing company The company should be not existed one…

A: Financial forecast: It refers to the management that is done by the companies to manage their…

Q: The world price of zinc has increased to the point where “moth balled” zinc mines in east Tennessee…

A: The total production mine producing 20,000 tons per year (which is at 100% capacity) when zinc sells…

Q: 400 360 320 M 280 240 200 B 160 120 M 80 40 40 80 120 160 200 240 280 320 360 400 QUANTITY (Units)…

A: Statement 1: The elasticity of demand is the responsiveness of demand to prices. Diagrammatically,…

Q: 1) Julianna Abdallah owns and operates FirstCakes, a bakery that creates personalized birthday cakes…

A: A break-even analysis is a financial calculation that weighs the costs of a new business, service or…

Q: rofit maximizing output is at: *   100 320 440

A: Total profit is calculated as total revenue minus total cost

Q: The table below represents a particularconsumer’s evaluative criteria, criteria…

A: Customers find it difficult to make choices among products that have similar attributes. In order to…

Q: John decided to leave his job and open a bookshop in the city center. He was working as an engineer…

A: Economic cost=Implicit cost+Explicit cost

Q: Price of Quantity of Total Marginal Utensil Utensils demanded Revenue Revenue $50 100 $45 200 $40…

A: The sum of money that a firm earns without deducting the expenses is called revenue.

Q: Instructions: Fill - up the vacant table. Given is as follows: Week Sales ( $1,000) Four-week Moving…

A: Introduction Sales of 9 week has given. 4 moving average has calculated as = add the sales of…

Q: Output (unit) Total Cost (RM) Price (RM) | 1 550 660 2 670 585 3 720 510 4 740 435 5 800 360 960 285…

A: b. Fixed costs are considered in the short run and in the long run, all costs are variable costs.…

Q: Interest Table Cost.1.2: Amount Rates Loan #1 = $25,000 2.00% Loan #2 = $40,000 2.50% Owner's Last…

A: Explicit cost includes all those cost that are recorded in the books of accounts.Explicit…

Q: b Mills Inc. markets office furniture but does not manufacture it. The company o niture from the…

A: Firm uses different techniques and methods to increase efficiency and productivity. Firm seeks to…

Q: Listen In the practical field of business ethics, morality and ethics mean the same. Question 12…

A: Business is part and parcel of this world. Without business human race cannot survive. Daily…

Q: 18. Annual sales: $165,000 Average inventory: $14,700 Inventory turnover (nearest tenth):

A: Inventories are items held by businesses for the purpose of sale. Businesses sales some portion of…

Q: If the seller manufacturing the books with costing $10 per book.  the seller sells 500 books at a…

A: Total number of books (Q) = 500 Price of each book (P) = $100 Manufacturing cost per book = $10

Q: The average cost is $13 and the output pro- duced is 10 units Calculate total cost

A: The information being given is:- Average cost = $13  Output = 10 units  Total cost = ?

Q: Interest Table Cost.1.2: Amount Rates Loan #1 = $25,000 3.20% Loan #2 = $40,000 4.30% Owner's Last…

A: Accounting profit is the financial profit after deducting explicit costs from total revenue.

Q: Problem 6.1. Tommy runs a small metal shop fabricating custom gates and other decorative work. Tommy…

A: a)All are explicit cost except entrepreneurial skill because it would come under implicit cost…

Q: John decided to leave his job and open a bookshop in the city center. He was working as an engineer…

A: Explicit costs are ordinary business costs that show up in the overall record and straightforwardly…

Q: Calculate accounting profit if :- Total revenue = $3000 Explicit cost = $3000

A: The data presented in the question above is:- Total revenue = $3000   Explicit cost = $3000…

Q: TFC TVC TC MC TR MR PROFIT/LOSS 400 100 400 50 200 400 100 300 400 130 400 400 180 500 400 220 600…

A: TC=TFC+TVC Fixed cost is independent of output produced whereas variable cost with the level of…

Q: Tatal Fixed Cost (TFC) Tatal Variable Tatal Cast Ouput AFC AVC ATC I MC (TPP) Cast (TVC) (TC) 40 70…

A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…

Q: 50 70 80 100 110 120 130 = -2x +450 = 100 + 5x 450 350 330 310 290 270 250 230 210 190 100 350 400…

A: A demand curve is a graph in economics that displays the relationship between a commodity's price…

Q: A company produces 7040 Units of its product and sold it for $1.10 per unit. To produce these…

A: Answer: Given, Total prouduction= 7040 units Selling price= $1.10 per unit Cost of labor= $1,000…

Q: abour                    total product 0                             0  1…

A: "Factors of production are resources that are used to produce a good or service." There are various…

Q: Memriman Company provides the following ABC costing information: Activities Account inquiry hours…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Industrial Relations (IIR) which is who should handle L country, whether the headquarters or a…

A: Industrial relations are defined as interactions and relationships that exist in an industry,…

Q: Output (unit) Total Cost (RM) Price (RM) - 1 550 670 660 2 585 720 510 4 740 435 5 800 360 6 960 285…

A: Marginal cost is the additional cost incurred in order to produce an additional unit of ouptut.…

Q: A manufacturing business that is involved in manufacturing and selling a single product. The annual…

A: The total revenue of a firm is the total payments received from the sale of goods and services.…

Q: Company Dream Ltd has a demand of 75 Lakhs per year. Setup cost and holding cost are 29 and 35 per…

A: Given that; Annual demand = 75 lakhs per year Setup cost = $29 per unit Holding cost = $35 per unit…

Q: 41. was completed on April 11, 193 New York. The multipurpose office tower is also one of New York…

A: Environment refers to the nature or atmosphere that is present everywhere. The better the…

Q: A special shoe manufacturer ABC Co. has costs of production as follows :…

A: The total cost (TC) consist of fixed cost (FC) and variable cost (VC) in short-run, i.e. TC = FC +…

Q: Price 408 384 360 336 312 288 264 240 216 192 168 144 120 96 72 48 24 0 0 56 112 168 224 280 336 392…

A: Answer: A firm maximizes its profit where marginal revenue (MR) and marginal cost (MC) intersect…

Q: A chemical company produces a special industrial chemical that is a blend of three chemical…

A:

Q: Q TFC TVC TC MC AFC AVC ATC TR MR ТР 2 10 70 60 30 5 35 70 4 60 16 76 3 15 4 19 140 35 64 6 60 30 90…

A: In economics, the marginal cost of production is the adjustment of absolute creation cost that comes…

Q: . Given the following fixed and variable costs and the volumes, calculate the total andunit costs.

A: Total cost is the sum of fixed and variable costs. Unit cost is obtained on dividing total cost by…

Q: If accounting profits are $6000 and explicit cost are $2200 Calculate total revenue

A: The information being given is:- Accounting profit = $6000  Explicit cost = $2200 Total revenue = ?

Q: ARC's bid No Bid ABC's manufacturing decision: Adopt current system, or Develop new system. Bids…

A: There are three available alternatives - No bid , Bid 950 , Bid 850 To determine the alternative…

Q: answer asap. Thank you .. I will rate helpful

A: An equal monthly payment (EMI) is a sort of installment made by borrowers to banks consistently in a…

Q: Fixed Variable Total Marginal Average Fixed Average Variable Cost Average Total Quantity Cost Cost…

A: At zero quantity total quantity is 150 so the fixed cost is 150 throughout the production. Total…

Q: (pizzas per hour) Cost Cost Cost Cost Fixed Variable Cost Revenue Revenue (dollars (1) (2) (3) Cost…

A: Fixed cost is independent of output produced.

Q: 18. Annual sales: $165,000 Average inventory: $14,700 Inventory turnover (nearest tenth):?

A: Inventories are items held by businesses for the purpose of sale or usage. Inventories can be goods,…

Q: II b c MC ATC P-MR-AR

A: The significant kinds of market structure incorporate monopoly, monopolistic competition, oligopoly,…

Q: Mr. Allahditta who runs a general store at Jodia Bazar, a customer namely Mr. Arif visited his shop…

A: A contract is a spoken or written arrangement between two or more than two people that is…

Q: 1. A furniture store sold picnic chair for $22.95 during a promotional sale. The store bought the…

A: Given:   Cost of coffee maker = $36 less 40% and 15%   Now the actual cost = 85% of (60% of 36) =…