The pie chart below shows the percentage of total revenue that a publisher receives from various types of publications. Use this chart to answer the questions below. (a) Which category accounts for approximately one-fifth of the publisher's total revenue? Select One e (b) Approximately what percentage of the total revenue comes from Magazines and Paperbacks combined? Write your answer as a multiple of 10% - that is, 10%, 20%, 30%, .. Textbooks Cookbooks Nonfiction Poetry Magazines (c) If the revenue from Cookbooks is 20% of the total revenue, approximately what percentage of the total revenue comes from Poetry? Paperbacks 10% 20% 40% 50%
Q: V2 What are the factors that will affect the total revenue?justify your answer
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A: Since you have asked multiple question, we will solve the first question for you. If you want any…
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A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
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A: Total revenue is the product of price and quantity
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A: Below are the formula for the TR and profit: TR = Price x Quantity Profit = TR - Total Cost
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A: To plot the demand curve, take Price on the y-axis and Qd on the x-axis and plot the points. After…
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A: Price elasticity of demand = percnetge chabnge in quantitry demanded / percenrtaghe change in price.
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A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
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A: Total revenue (TR) = $100 Total quantity (Q) = 10 units Average revenue (AR) = ?
Q: " . In Figure 1.6, the total revenue is represented by the area... MC B ATC G Demand MR E H Quantity…
A: * ANSWER :- * The OPTION A (ABFE) is correct answer.
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A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…
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Q: Please explain how to calculate total revenue
A: Total revenue is the amount that a firm or individual receives after selling the output.
Q: The graph below plots the firm's total revenue curve: that is, the relationship between quantity and…
A: A curve's slope indicates the curve's steepness and direction at a certain location. It describes…
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A: We will solve the first question only. Please resubmit the others in case you want them to be…
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Q: Using the figure above, what is the total revenue for the firm?
A: Total revenue is the product of the total quantity produced and the price per unit of the product
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A: Profit is the excess of revenue(TR) over costs(TC).
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A: Customers are the people who buy the goods and services of the business. It is very important to…
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A: Given: MC = $1 Group Value Frequency Baby Boomers $5 20% Generation X $4 10% Generation Y…
Q: Define total revenue?
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A: Total revenue is the revenue being earned by the company through the selling of goods and services…
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A: The number of firms within the market shows the competition level in the market. If there are many…
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A: The concept of rationality says that individuals choose the best decision for them with the…
Q: How does the goal of the firm influence the sales maximization and profit maximization decision.
A: # Firm has priorities based on whether to maximize profits or maximise it's sales.
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A: Monopoly is a market condition where there is a single seller. It sells a unique commodity in the…
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A: Since you have posted a question with multiple sub parts, we will solve first three sub parts for…
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A: When talking about video game industry, it is the fastly growth industry due to an increased…
Q: In the figure above, what is the total revenue at point A? A) $150 B) $20 C) $2000 D) $3,000
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A: A break-even point is the point at which a company's costs and revenues equal each other, often…
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Q: Your marketing department has identified the following customer demographics in the following table.…
A: Given: MC = $1 Group Value Frequency Baby Boomers $5 20% Generation X $4 10% Generation Y…
Q: Refer to Figure 15-5. Based upon the information shown, what is total revenue for Bearclaws, given…
A: A monopoly is a type of market structure that consists of a single producing agent with complete…
Q: Find the value of total revenue if output is 60 units and average revenue is $10
A: The information being given to us is:- Total revenue = ? Output = 60 units Average revenue = $10
Q: Outline the economic factors that affect marketing decisions and consumer buying power.
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Q: MC 18 AVC 16 14 13 20 Dollars
A: The Profit is maximized where the MR = MC. thus, profit maximization condition: MR = MC.
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- Please show solution for this question. Determine the revenue (R) and cost (TC). The production will vary according to the sales volume. Express the equation as follows. R = 100N – 0.001N2 TC = 0.005N2+4N+60,000 Find 1) The most profitable production volume. 2) Volume of production at break even point. 3) Production volume with lowest average cost. Answer 1) 8,000 units 2) 6,000 units 3) 3,464 unitsA company estimated that the relationship between the unit price and demand per month for a potential new product is approximated by P = $ 100 – $ 0.1D. The company can produce the product by increasing fixed costs $ 17,500 per month, and the estimated variable costs is $ 40 per unit. What is the optimal demand, D*, and based on this demand, should the company produce new product? Why? a) Work out the complete solution by differential calculus, starting with formula for profit or loss per month b) Solve graphically for an approximate answer1. Which of the following statements is false?a) A high-efficiency organisation would want to have fewer storage facilities to increaseresponsiveness but this practice too is known to reduce responsivenessb) Having many production sites increases cost and reduces efficiency but responsiveness tocustomer demands increases because of proximityc) A highly responsive organisation for example would want to have many storage facilitieslocated nearer to customers but this practice reduces efficiencyd) None of the above
- Given below is a table that represents number of customer visits, number of leads, number of conversions, average order value, and economic value per lead on Facebook and LinkedIn. Analyze the data and answer which channel has higher economic value of lead and higher conversionPlzz answer correctly ASAP. Will give Positive rating.A recent engineering was given the job of determining the best production rate for a new type of casting in a foundry. After experimenting with many combinations of hourly production rates and total production cost per hour, he summarized his findings in (table 1). The engineering then talked to the firm’s marketing specialist, who provided estimates of selling price per casting as a function of production output (see table 2). There are 8,760 hours in a year. What production rate would you recommend to maximize total profits per year? Table 1 Total cost per hr Casting production per hr $1,000 100 $2,600 200 $3,200 300 $3,900 400 $4,700 500 Table 2 Selling price / casting Casting production per hr $20.00 100 $17.00 200 $16.00…
- Instructions: Answer the letters (A) and (B) only. Data table is also provided (refer to the photo below). 1. Assuming that the product’s price is P58 per pack, should the competitor sell in the short-run? Why or why not? If it decides to sell, what will be the profit-maximizing (or loss-minimizing output per day)? What is the profit (or loss) that the seller can realize per day? What is the profit or loss) per pack? A. Assuming that the product price is P42 per pack B. Because of increasing sellers of masks in the market, the product’s price further decreased to P32 per pack.Instructions: Answer the letters (A) and (B) only. Data table is also provided (refer to the photo below). 1. Assuming that the product’s price is P58 per pack, should the competitor sell in the short-run? Why or why not? If it decides to sell, what will be the profit-maximizing (or loss-minimizing output per day)? What is the profit (or loss) that the seller can realize per day? What is the profit or loss) per pack? A. Assuming that the product price is P42 per pack, answer the same questions in letter A. B. Because of increasing sellers of masks in the market, the product’s price further decreased to P32 per pack. Again, answer the same questions in letter A.a. Estimate the demand equation for the product. Month Price Amount January 18 50 February 16 55 March 14 60 April 12 65 May 10 70 June 8 75 b. Estimate the supply equation that the product presents. Month Price Amount January 10 70 February 11 90 March 12 110 April 13 130 May 14 150 June 15 170 c. If that buyer and seller of the above data come together in a market, will it be possible for the breakeven point to be obtained? Use the graphical and mathematical process to find the solution
- Alocal toy manufacturer is using a production line that runs 8 hours per day and produces a toy that requires a total of 7 tasks to be performed. The daily demand is 100 toysTimes of the tasks are 273, 2.01, 2.13, 2.0, 2.61, 2.71 and 2.95 minutes for A, B C, D, E , and Grespectively. However, due to the nature of the product there are precedence rules that must be observed. Such that Task A does not need any predecessors: task B requires task A to be completed. To start task Deach require task B to be completedTask must be completed prior to stating task E. Task F needs both task D and task E to be completed. Finally, task G can start only once task Fiscompleted.Given we apply the most remaining tasks rule for balancing the assembly line, with broken according to longest task time firstWhat will the estimated idle time in minutes for THIRD workstation?Solve question number 7 only early. Correctly explain it's.based on the information in the table what is marla's profit margin? marla's smoothie shop total revenue-$1,400total cost- $900average cost- $7fixed cost-$700quantity-200 A.$3.50 B.$2.50 C.$4.50 D.$5.00