urer produces a pair of shoes at a labor cost of P 9.00 a pair and a material cost of P 8.00 a pair. The fixed charges on the business are P 90,000 a month a
Q: Which of the following is not a fixed cost?
A: C.Front Office Pay
Q: In the Cost Minimization Problem, the isoquant curve for an output level equal to the output quota? ...
A: Isoquant shows the combinations of labor and capital they are used to produce certain level of outpu...
Q: Classify each of the statements as an example of positive or normative analysis.. The sugar quota in...
A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...
Q: 7. Given the following estimated regression line Y = 10.0 + 6.0 x X. R2 0.40, SER = 2.0, n = 500 (8....
A: Answer: (1) α = 1 - (confidence level / 100) = 1 - (99/100) = 0.01 The critical probability = p* = 1...
Q: On the following graph, use the orange points (square symbol) to plot Lorenzo's free-throw percentag...
A: Calculations: 1) Game Free- Throw percentage (Game Result*100) 2) Average Free -Throw percentage (To...
Q: Enumerate at least five interpretations of the graph of the Marginal Utility curve
A: Marginal Utility refers to the additional utility derived from the consumption of an additional unit...
Q: Discuss in detail the effects of the following factors on the position of IS curve - 4-Taxes; 5-tech...
A: An IS curve is a curve that helps to determine the level of interest rate and output in an economy. ...
Q: How did the information revolution affect modern society?
A: Information revolution led to the age of the internet where optical networks of communication play a...
Q: 14. A supply and demand puzzle The following graph shows the market for cars in 2008. Between 2008 a...
A: The relationship between the amount of a goods that producers need to sell at varied costs and there...
Q: Elaborate the differences between the disinflation strategies proposed by Keynesians and classical. ...
A: Inflation refers to the consistent rise in general price level over period of time . Whereas disi...
Q: Use the following information for questions 3 through 5: You are an advisor to the mayor of Iola, a...
A: 3. The current unhappiness of the Mayor regarding the town of Lola is explained by the economic te...
Q: If the short-run IS–LM equilibrium occurs at a level of income above the natural level of output, th...
A: If the short-run IS–LM equilibrium occurs at a level of income above the natural level of output, t...
Q: QUESTION 1 An interest rate of 38% per year, compounded monthly, is nearest to * per year Enter the ...
A: DISCLAIMER :- As you posted multiple questions we are supposed to solve the first one only as per gu...
Q: Market failure refers to a situation when a. Social efficiency is not achieved b. Perfectly compet...
A: The economic condition described by the inefficient distribution of products and services in the fre...
Q: Rationing of most scarce goods and services in a capitalist economy is done by: Group of answer ...
A: Rationing is described as the artificial restriction of demand or the control over the allocation of...
Q: What is the accumulated amount of a 8-year annuity paying P 4,300at the end of each year, with inter...
A: In the question above, it is given that : Principal = P 4300 Rate of interest = 4% = 0.04 Time peri...
Q: Classify each of the statements as an example of positive or normative analysis.. The sugar quota in...
A: The sugar quota in the United States costs consumers $6.08 billion a year. Correct Answer: Positive ...
Q: In the short run, ________ in the federal funds rate ________ the price level, and ________ real GDP...
A: Federal Funds rate is the potential instrument of monetary policy for the central bank,Fed.
Q: Real World Medical Technology is putting together its R&D budget for the coming year. The firm has c...
A: Given the table:
Q: Really need some help answering these questions, it’s all one problem but I understand that it’s kin...
A: Solution: Consumer 1: U(x1, x2) = x1 x2
Q: 2. A construction firm plans to purchase new excavator. Two manufacturers offered to company with th...
A: Here we will compare these two options using PW method. The economic life is different here so we w...
Q: Table 24-1 The following table pertains to Cheeseland, an economy in which the typical consumer's b...
A: The economics a s a study is based upon the basic idea of scarcity, or the limit to the amount of re...
Q: What are the advantages and disadvantages of globalization to the economy of the Philippines? Give 4...
A: GLOBALIZATION: It is the spread of information,products,technology and jobs across nation...
Q: If the U.S. interest rate rises, the exchange rate value of the dollar ________ and net exports ____...
A: Net exports, the difference between exports and imports depend on exchange rate. Appreciation reduce...
Q: identify two major trends in the changing demographics of the workforce.
A: The two major trends in the changing demographics of the workforce would include:- 1. Ageing populat...
Q: The price elasticity of supply is a measure of the: Responsiveness of buyers of a good to change...
A: Price elasticity of supply indicates the relationship between price and quantity supplied.
Q: Given the information in the table below, graph the marginal cost of labor for a monopsony firm. Plo...
A:
Q: The following data is provided for a PPP project. To the People To the Government $1.8 million now a...
A: Given; Benefit= $95000 per year Cost= $1.8 million now and $200000 every three year Disbenefit= $35...
Q: Country X is a major oil exporter. It has a floating exchange rate system and has managed to maintai...
A: Given that: Floating exchange rate system fall in oil prices- from $100 a barrel to $29 a barrel
Q: Philippines A.Contractualization -endo practices B. No overtime pay C. Unsafe workplace D. No employ...
A: Unemployment and unemployment are the Phillippines most important problems and the economy. Today, a...
Q: If f(k) = 9k^0.5, s = 0.1, n = 0.1, and d = 0.2, what is the value of f(k) at equilibrium? %3D O a. ...
A: Given that, F(K) = 9K0.5 s = 0.1 n = 0.1 d = 0.2
Q: Would it be ethical if Facebook profited from selling your and others' personal information to emplo...
A: Ethical issues in the business refer to the decisions of business affecting the moral standards of t...
Q: The following data is provided for a PPP project. To the People To the Government $1.8 million now a...
A: Given; Benefits= $95000 per year Cost= $1.8 million now and $200000 every 3 year Disbenefit= $35000 ...
Q: ATC4 LRATO ATC ATC OUTPUT COST PER UNIT
A: Average total cost is the total cost incurred for a single unit of output out of the total output. A...
Q: Real GDP Consumption Planned investment Planned aggregate Unplanned inventory (in billions) (in bill...
A: * SOLUTION :- Given that,
Q: The fictitious country of World Campustan is expected to have an average annual growth rate of GDP p...
A: (1) According to Rule 70: The number of years to double = (70 / Annual growth rate) Note: If the ann...
Q: What is economics most concerned with? keeping interest rates low O making money allocating scarce r...
A: What is economic most concerned with.
Q: draw a general demand curve and label it D. Then shift the curve to the left or the right depending ...
A: In the beef market, a change in any demand determinants, except own price, will lead to shift the de...
Q: The following graph shows the short-run average total cost curves for different plant sizes and the ...
A: Long run average cost shows the relationship between average total cost and the quantity of output w...
Q: [S1] Treasury bond buybacks may indicate that there is a relaxed monetary policy. A business entity ...
A: Statement one states treasury bonds buyback. The government would buy back treasury bonds, which wou...
Q: Suppose $55 is the equilibrium price in the bicycle market. The equilibrium quantity is 30 bicycles....
A: The consumer surplus is given as the area of the triangle above the equilibrium price and line and b...
Q: . A manufacturing company purchased electrical services for the next 5 years to be paid for with $70...
A:
Q: Which of the following statements about productive efficiency is true? X: It means that an economy i...
A: The point where the firms are known to be operating at their respective maximum capacities is known ...
Q: Y = F(K, L) = AKªL^-« %3D A = 1, K = 3000, L = 9000 a = 0.6 |= |(r) = 1200 – 10r %3D C = C (Y-T) = 0...
A: a. Y=AKαL1-αY=1 x 30000.6 x 9000(1-0.6)Y=4647.44Now,Y=C+I+G4647.44=0.75(4647.44-800)+1200-10r+600464...
Q: Apply your understanding of the previous key terms by completing the following scenario with the app...
A: We know there is defferent between in two damand and quantity demanded . . Demand is the quantity...
Q: Suppose that Greece and Sweden both produce rye and shoes. Greece's opportunity cost of producing a ...
A: If a country has a lower opportunity cost of producing the good, it is said to have a comparative ad...
Q: Using the table in question 1, what was real GDP in year 2, in year 1 prices? (Hint: assume prices o...
A: To find GDP in year 2, using year 1 prices, we use quantities of year 2 and prices of year 1.
Q: A business model explains: Select one: O a. How the organization creates value O. b. How the organiz...
A: We show that Entrepreneurs need to develop and àdapt their business model as they seek clarity about...
Q: Use the following information for all of the questions in this Check Point: Y $14 trillion C- $8 tri...
A: The economies around the globe tend to have various entities, which are in the form of households, f...
Q: 8. Substitutes, complements, or unrelated? You work for a marketing firm that has just landed a cont...
A: Cross price elasticity of demand measures the responsiveness of quantity demanded of good 1 with res...
Step by step
Solved in 2 steps
- A manufacturing company leases a building for $100,000 per year for its manufacturing facilities. In addition, the machinery in this building is being paid for in installments of $20,000 per year. Each unit of the product produced costs $15 in labor and $10 in materials. The product can be sold for $40. Use this information to solve, If the selling price is lowered to $35 per unit, how many units must be sold each year for the company to earn a profit of $60,000 per year? (a) 12,000 (b) 10,000 (c) 16,000 (d) 18,000 (e) 5,143. Select the closest answer.Please Calculate the break even point, Cash Flow, NPV, sensitivity of NPV to quantity sold, and sensitivity of OCF to changes in the variable cost figureA company has determined that the price and the monthly demand of one of its products are related by the equation D = √(400 − p), where p is the price per unit in dollars and D is the monthly demand. The associated fixed costs are $1,125/month, and the variable costs are $100/unit. Use this information to answer, Which of the following values of D represents the breakeven point? (a) 10 units (b) 15 units (c) 20 units (d) 25 units.
- upon graduating with an accounting degree, you open your own accounting firm of which you are the sole employee. To start the firm you passed on a job offer with a large accounting firm that offered you a salary of RM60,000 annually. Last year you earned a total revenue of RM100,000. Rent and supplies last year were RM50,000. 2.1) Your annual economic costs areA man is considering investing P 500,000 to open a semi-automatic washing business in a city of 400,000 population. The equipment can wash on the average 12 cars per hour using two men to operate it and to do small amount of handwork. The man plans to hire two men in addition to himself and operate the station on an 8-hour basis, 6 days per week, 50 weeks per year. he will pay his employees P 25.00 per hour. He expects to charge P 25.00 for a car wash. Out of pocket miscellaneous cost would be P 8,500 per month. He would pay his employees for 2 weeks for vacations each year. Because of the length of his lease, he must write off his investment within 5 years. His capital now is earning 15% and he is employed at a steady job that pays P 25,000 per month. He desires a rate of return of at least 20% on his investment. Would you recommend the investment? Use ROR method and Annual Worth method.Shows the derivative function of: TC = 4Q² + 2Q + DC(Q) + FC,where TC = Total Cost, DC = Depreciation cost of capital for each Q production, and FC = Fixed Cost.
- Question: The total annual fixed costs of PAKEL Incorporated Company that manufactures and sells goods X are 9000 TL, the unit sales price is 6.25 TL, and the unit exchange cost is 3.25 TL. In case the enterprise works at full capacity, 6000 products are produced annually. With this information;a) The amount of production at the point of transition to profit,b) Calculate the sales income and Capacity utilization degree at this point.c) Show the transition point to Profit in a graph. (TL=Turkish Lira) I'd be happy if you solve a,b and c sections. Have a nice day!. Given the following fixed and variable costs and the volumes, calculate the total andunit costs.Isabel runs her family's small pineapple processing plant, which takes fresh pineapples and cuts them into pineapple rings, spears, and chunks. The capital stock of the firm consists of three machines of various vintages, each of which can process the pineapples into any of the three different forms. All of the machines are in excellent condition, and all machines can be running at the same time. Cost of processing per pineapple Maximum total capacity (pineapples) per day Machine 1 $ 0.10 250 Machine 2 0.25 400 Machine 3 0.50 500 (A) Assume that "cost of processing" includes all labor and materials, including the owner's wages. Assume further that Isabel's family signed a long-term contract (20 years) with a service company to keep the machines in good repair for a fixed fee of $1,825 per year, or $5 per day.1) Derive the firm's marginal cost curve.2) Derive the firm's total cost curve.(B) At a price of $0.40, how many pineapples would the company process?…
- A shoe manufacturer produces a pair of shoes at a labor cost of ₱90 a pair and materials cost of ₱80 a pair. The fixed charges of the business are ₱90,000 a month and the variable cost is ₱40 a pair. If the shoes sell for ₱300 a pair, how many pair's must be produced each month by the manufacturer to break-even?ACME Coal paid $5,000 to lease a railcar from the Reading Railroad. Under the terms of the lease, $1,000 of this payment is refundable if the railcar is returned within two days of signing the lease. 1. Upon signing the lease and paying $5,000, how large are ACME’s fixed costs? Its sunk costs? 2. One day after signing the lease, ACME realizes that it has no use for the railcar. A farmer has a bumper crop of corn and has offered to sublease the railcar from ACME at a price of $4,500. Should ACME accept the farmer’s offer?To automate one of its production processes, theMilwaukee Corporation bought three flexible manufacturing cells at a price of $400,000 each. Whenthey were delivered, Milwaukee paid freight chargesof $20,000 and handling fees of $15,000. Site preparation for these cells cost $45,000. Six foremen, eachearning $20 an hour, worked five 40-hour weeks toset up and test the manufacturing cells. Special wiring and other materials applicable to the new manufacturing cells cost $3,500. Determine the cost basis(amount to be capitalized) for these cells.