Assume the XYZ Corporation is producing 20 units of output. It is selling this output in a purely competitive market at $10 per unit. Its total fixed costs are $100 and its average variable cost is $3 at 20 units of output. This corporation: Group of answer choices should close down in the short run. is realizing an economic profit of $40. is maximizing its profits. is realizing a loss of $60. PreviousNext

Answers

Answer 1

Answer: is realizing an economic profit of $40

Explanation:

The total cost involved in the production will be:

Fixed cost = $100

Variable cost = $3 × 20 = $60

Total cost = $160

The selling price will be:

= $10 × 20

= $200

The economic profit will then be;

= Selling price - Cost price

= $200 - $160

= $40


Related Questions

David opened his own bicycle shop 30 years ago, and although he enjoyed his work, he needed more free time. When Josie requested to work as an apprentice, David was very willing. Before long Josie was able to run the store without any help. This is an example of how:

Answers

Answer:

This is an example of how an apprenticeship can benefit both the business owner and the apprentice.

Explanation:

Apprenticeship is the system or process of hiring someone to train him/her to learn the trade. This method is used in companies and other jobs to train new generations about the trade and also pass on the job.

David may have had the bicycle shop for three decades but now that he desired more free time, he had to pass on the work to someone who can take care of the shop in his place. The apprenticeship of Josie enabled him to have the desired free time while his shop still runs. This is an example of how apprenticeship is beneficial for both parties.

show your acquittance with report? discuss the di
different types of report.​

Answers

Answer:

A

report is written for a specific audience; it must always be accurate and objective. ... Types of reports include memos, meeting minutes, expense reports, audit reports, closure reports, progress reports, justification reports, compliance reports, annual reports, and feasibility reports

What are the basic points to be considered while running the occupation? for each of them​

Answers

Answer:

interest

qualification

skills

finance

I need points 5),:6)6

Suzanne has purchased a car with a list price of $23,860. She traded in her previous car, which was a Dodge in good condition, and financed the rest of the cost for five years at a rate of 11.62%, compounded monthly. The dealer gave her 85% of the listed trade-in price for her car. She was also responsible for 8.11% sales tax, a $1,695 vehicle registration fee, and a $228 documentation fee. If Suzanne makes a monthly payment of $455.96, which of the following was her original car?
a. 2004 Intrepid
b. 2008 Neon
c. 2005 Viper
d. 2007 Dakota

Answers

Answer:

its a

Explanation:

Lets say you were a teacher. If parent approaches you to encourage you to give information about another child, what should you do.

Answers

first of all I will ask the parents what's the matter, if they explain me then also I will not going to give the child's information, I will contact to the principal about this matter and school management will look out at this matter.

I surely won't give.Privacy of children is my first priority .If some one acquires that Then it will hamper that students privacy .So I won't give.

The clerical and editorial employees in a publishing house need to be at their desks by 8:00 AM and follow a set of precise procedures dictated by management. The jobs of these clerical and editorial employees ________.

Answers

Answer: Formalization

Explanation:

Formalization could be defined as the length of an organization's policies, description and rules all spelt out for everyone to see. What makes up formalized structures or what we can know them for are their rules and regulations.

The jobs of these clerical and editorial employees are related to Formalization, they either form this rules out with the management or play the role of spelling it out(written) for all to see.

amount of tax, TTT, in dollars to be paid by an individual with an income of III between 8{,}2258,2258, comma, 225 and 34{,}50034,50034, comma, 500 dollars is given by the equation above. Tax is paid from the portion of income above 8{,}2258,2258, comma, 225 dollars and the remaining amount becomes a part of disposable income. What percentage of income above 8{,}2258,2258, comma, 225 dollars remains after paying tax for an individual whose income falls within the specified range

Answers

Answer:

[tex]Amount = 87.5\%[/tex]

Explanation:

Given

[tex]T =0.125(I - 8225)[/tex]

Range = 8225 to 34500

See comment for proper format

Required

The percentage left after tax paid for individual in the above range

[tex]T =0.125(I - 8225)[/tex]

Rewrite as:

[tex]T = 12.5\% (I - 8225)[/tex]

The 12.5% implies that individuals in that income range pay 12.5% of the income.

So, the amount left is:

[tex]Amount = 100\% - 12.5\%[/tex]

[tex]Amount = 87.5\%[/tex]

The practitioner completes an incision and drainage of a patient's infected right heel, which tested positive for MRSA. What statement is true regarding how the perioperative team should perform postoperative cleaning after this patient leaves the OR?

Answers

Answer:

after the patient leave

At the end of the current year, using the aging of receivable method, management estimated that $31,500 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $900. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?

Answers

Answer:

Dr Bad debt expenses $ 32,400

Cr Allowance for doubtful accounts $ 32,400

Explanation:

Preparation of the adjusting entry that the company should make at the end of the current year to record its estimated bad debts expense

Dr Bad debt expenses $ 32,400

Cr Allowance for doubtful accounts $ 32,400

($31,500+$900)

( To record its estimated bad debts expense)

Estimated Bad debts expense =Account receivables + Debit balance

Estimated Bad debts expense= $31,500 + 900

Estimated Bad debts expense=$32,400

A company's total expected overhead for the year is $500,000. Two activity cost pools have been identified: Customer Service with a total cost of $200,000 and a total activity of 25,000 customer service calls; and Product Development with a total cost of $300,000 and total activity of 20,000 development hours. Using activity-based costing, calculate the appropriate activity rate(s). Multiple choice question. $8 per customer call and $15 per development hour $20 per customer call and $25 per development hour $11.11 per customer call or per development hour

Answers

Answer:

$8 per customer call and $15 per development hour

Explanation:

The computation of the activity rates is shown below:

For customer service

= $200,000 ÷ 25,000

= $8 per customer call

and for product development, the activity rate is

= $300,000 ÷ 20,000

= $15 per development hour

Hence, the first option is correct

ANd, the same is to be considered and relevant

Sports and marketing have to compete on which angle if they want to be relevant to the 21st century market?

cheapest prices

scarcest supply

most appealing

quickest distribution

Answers

Answer:

cheapest prices

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a business firm, so as to enhance the availability of goods and services to meet the unending requirements, needs or wants of the end users or consumers through advertising and market research. Thus, it comprises all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered.

Hence, sports and marketing have to compete on the cheapest prices, if they want to be relevant to the 21st century market because it's the most important factor that influences the willingness of a consumer to buy a good or take a service.

. You have determined that Company A's shares have an intrinsic value of $20 per share but are trading at $22 per share, while Company B's shares are worth $25 per share but are trading at $22 per share. What would a rational investor (or an arbitrageur) do to take advantage of this price difference (no short-selling constraint and transaction fee)

Answers

Answer:

a rational investor would short company A's shares and long company B's shares.

Explanation:

Company A's shares are overvalued.

A share is overvalued when its intrinsic value is less than its price

Company B's shares are undervalued.

A share is undervalued when its intrinsic value is greater than its price

It is expected that the price of company's A's share would fall. Investors that are holding this company's share would lose.

On the other hand, it is expected the the price of company B's shares would rise. Investors holding this company's share would gain from the increase in price.

Thus, a rational investor would short short company A's shares and long company B's shares.

Balancing life in college will require paying attention to which aspects of your life in order
to reach long and short term goals?
Finances, social life, academics and personal life

Class time and study time,

Managing your weight while dealing with cooking or meal plan.

Paying attention only to your social life can lead to career opportunities,

Answers

Answer:

finance , social life , academics and personal life

Which school faculty member should you talk to about enrolling in an AP
course?

Answers

Answer: The guidance counselor

Explanation:

Social worker is someone who helps people cope with the challenges tahtnthwy face in their lives. Social workers work with people who have addiction issues, people with disabilities, children etc.

A paraprofessional refers to someone who's specially trained to support students in school. Such oeeosn can be a teaching assistant, special education paraprofessional etc.

A registrar is the keeper of records in an educational institution whinis charged with the responsibility of registering students, and keeping their academic records.

The guidance counselor is a professional who provides career, academic, and social-emotional competencies to the students in a schoool through counseling. Such person is the faculty member smtaht you should talk to about enrolling in an AP.

course?

An attorney, a newly licensed sole practitioner, opened a trust account at a local bank into which she deposited a check from a client that constituted an advance payment for future legal services to be rendered by the attorney. Subsequently, the attorney also deposited her own funds into the account in order to pay bank service charges on the account. The attorney did not deposit into the trust account an engagement fee received from another client. The engagement fee represented payment to the attorney for accepting the case, being available to handle the case, and agreeing not to represent another party in the case. The fee did not require the attorney to perform additional legal services. The attorney maintained records related to all account transactions in accordance with the state rules of professional conduct, which are identical to the ABA Model Rules of Professional Conduct. Is the attorney subject to discipline with regard to her actions concerning the trust fund account

Answers

Based on the information given in the question, it should be noted that the attorney will not be subjected to discipline regarding her actions concerning the trust fund account.

The reason why the attorney won't be subjected to any discipline is because the property of the client was kept by the attorney properly and it was separated from her own property. Also, necessary records were maintained by the attorney.

In conclusion, the attorney is not subject to discipline with regard to her actions concerning the trust fund account.

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The top part of Mars, Inc.'s 2018 balance sheet is listed as follows (in millions of dollars). Current assets: Current liabilities: Cash and marketable securities $ 10 Accrued wages and taxes $ 20 Accounts receivable 40 Accounts payable 30 Inventory 160 Notes payable 40 Total $ 210 Total $ 90 What are Mars, Inc.'s current ratio, quick ratio, and cash ratio for 2018?

Answers

Answer and Explanation:

The calculation is given below:

Current ratio is

= Current assets ÷ current liabilities

= 210 ÷ 90

= 2.33 times

quick ratio is

= Quick assets ÷ current liabilities

= + ($210 - $160) ÷ 90

= 0.56  

And, the Cash ratio is

= cash ÷ Current liabilities

= 0.11

In this way it should be determined

Outdoor Living Company has just received a special order for 500 hammocks. Outdoor Living has sufficient idle capacity to accept the order. Accepting the order will increase Outdoor Living's total variable manufacturing costs. Which type of cost is considered relevant to Outdoor Living's decision whether to accept or reject the special order?

Answers

Answer:

Raw materials to make the 500 hammocks.

On January 1, 2010, Wayne's Waffle House purchased a freezer for $45,000. The freezer had an estimated useful life of 10 years and an estimated residual value of $3,000 at the time of purchase. Wayne spent $10,000 on January 1, 2012, to replace the freezer motor. This replacement increased the freezer's life by 5 years and the residual value by $2,000. Assuming that straight-line depreciation is used, what will be the depreciation expense for 2012

Answers

Answer:

$3200

Explanation:

Calculation to determine what will be the depreciation expense for 2012

Using this formula

2012 depreciation expense=Estimated residual value+(Residual value/Estimated useful life)

Let plug in the formula

2012 depreciation expense=$3,000+($2,000/10 years)

2012 depreciation expense=$3,000+$200

2012 depreciation expense=$3,200

Therefore what will be the depreciation expense for 2012 is $3,200

Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $420 and has a unit contribution margin of $165; the Adult model sells for $970 and has a unit contribution margin of $510; and the Recreational model sells for $1,120 and has a unit contribution margin of $560. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,620,000, calculate the firm's contribution margin per composite unit.

Answers

Answer:

the  firm's contribution margin per composite unit is $8,775

Explanation:

The computation of the firm's contribution margin per composite unit is given below:

= $165 × 5 + $510 × 9 + $560 × 6

= $825 + $4,590 + $3,360

= $8,775

Hence, the  firm's contribution margin per composite unit is $8,775

Therefore the same is to be considered and relevant

Place the steps of the marketing research approach in the correct order. (Note: the first step should be the top item on your list and the last step should be at the bottom of your list) Instructions Choice 1 of 5. develop the research plan toggle button develop the research plan Choice 2 of 5. collect relevant information toggle button collect relevant information Choice 3 of 5. develop findings toggle button develop findings Choice 4 of 5. take marketing actions toggle button take marketing actions Choice 5 of 5. define the problem toggle button define the problem

Answers

Answer:

Choice 5 of 5. Define the problem

Choice 1 of 5. Develop a research plan

Choice 2 of 5. Collect relevant information

Choice 3 of 5. Develop findings

Choice 4 of 5. Take marketing actions

Explanation:

The steps of the marketing research approach includes

Step 1: Defining the problem

Step 2: Construction of the ideologies from which the problem is approached

Step 3: Formulation of research designs through which data and information are collected

Step 4: The collection and analysis

Step 5: Presentation of report and take marketing action

Therefore, the correct order from the given options are;

Choice 5 of 5. Define the problem

At this stage, the problem that is the basis for the research is clearly defined, including the background information, the purpose of the research,  and the information that could be useful in decision making

Choice 1 of 5. Develop a research plan

The blueprint or outline of how the research is to be conducted

Choice 2 of 5. Collect relevant information

The fieldwork in collection of data from the listed sources in the research blueprint

Choice 3 of 5. Develop findings

The findings are analyzed to derive the actionable research results

Choice 4 of 5. Take marketing actions

The implementation of the made decision

Answer:

1. Defining objectives and needs

2. Designing the research

3. Collecting the data

4. Analyzing data and developing insights

5. Developing and implementing an action plan

Beyond just money, the economy is about Question 10 options: the people who are most important to an individual's sense of self. the production, distribution, and consumption of goods and services. encouraging cooperation over competition. rituals and beliefs that divide the world into the sacred and the profane.

Answers

The economy is about "the production, distribution, and consumption of goods and services" also along with money.

The key components of the economy are:

Production.DistributionConsumption.

These three elements drive the flow of money within an economy. Let's see:

The goods are produced as per the needs and demands of the people where people work to earn wages, salaries, profit, etc.This stage is followed by the distribution of these goods across different regions and areas. Lastly, these goods are purchased by their final users for consumption and their income earned from firms return to them again(circular flow of income).

Therefore, option B states a true claim about the elements of an economy.

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Daniel wants to buy a laptop computer, and he has $300 in savings. He can purchase a new computer for $279 or a refurbished [repaired or renovated] computer for $100. What should Daniel do next?

Answers

Answer:

He should buy a refurbished computer

Explanation:

This saves him 179  dollars

Suppose the town of Falls Valley has a mosquito problem. After a bad summer, the town accountants explain that the marginal cost of providing one more treatment for mosquito control is $100,000. The town should provide the additional mosquito control only if the marginal: Group of answer choices social cost of mosquito control is more than $100,000. benefit for any individual citizen is at least $100,000. social cost of mosquito control is less than $100,000. benefits for all individual citizens add up to at least $100,000.

Answers

Answer:

The correct option is "benefits for all individual citizens add up to at least $100,000".

Explanation:

Marginal cost refers to the additional cost incurred in order to provide an additional unit of a commodity.

For a community, town, or country, benefit is maximized when the marginal cost of providing a good or service to the community, town, or country is equal to the sum of the marginal benefit for all individual citizens of the community, town, or country.

Based on the above explanation, the correct option is "benefits for all individual citizens add up to at least $100,000". That is, the town should provide the additional mosquito control only if the marginal benefits for all individual citizens add up to at least $100,000.

If the book value per share is $40 and the market price is 52.50 per share calculate the required rate of return on the stock.

Answers

Answer:

0.11 or 11%

Explanation:

The computation of the required rate of return is given below:

Required Rate of Return is

= Next Year Dividend ÷ Current Market Price + Growth Rate

= $3.15 ÷ $52.50 + 0.05

= 0.06 + 0.05

= 0.11 or 11%

working note

Given that

Current Market Price = $52.50

As we know that  

Growth Rate = Return on Equity × Retained Earning Ratio

Now  

Return on Equity = EPS ÷ Book Value of Share

= $5 ÷ 40

= 12.50%

So,  

Retained Earning Ratio is

= 1 - Dividend Payout Ratio

= 1 - 0.60

= 0.40

And,

Dividend Payout Ratio = DPS ÷ EPS

= $3 ÷ $5

= 0.60

Now

Growth Rate = 12.50% × 0.40

= 5%

So,

Next Year Dividend = Dividend Recently paid × (1 + growth rate )

= $3 × 1.05

= $3.15

Pls help pls

Why is there a huge demand of professionals in the field of agriculture??

Answers

Agriculture is a important field in countries development.Agriculture contributes 10-50℅ GDP to most of the countries.Agricultural determines the Development rankings.Agriculture helps the country to feed all the citizens .Hence there is a huge demand of professionals

Do you think that interest and capacity play a great role to get success in a profession?Give your opinion.​

Answers

Answer:

For many people, interest is a driving factor for motivation and happiness in their life. Interest is one of the important parts while choosing a career. When we love what we are doing, we will always put our best performance forward and strive to learn more. Consequently, that will enhance our self-confidence as well.

Explanation:

It is important to know yourself and your capacities. Your strengths are things you can leverage on, things you can use to push yourself further. On the other hand, your weaknesses are not your downfall. So,interest and capacity is important in our career.

Yes, I think interest and capacity play a great role to get success in a profession.

What is interest?

An interest is a desire or want to do/hear something or someone. interest can be stated as an emotion that a person possess regarding something. a person is said to be interested if that particular thing excites or gives a joyful feeling to person while doing that particular act. interest is very essential in a profession to be successful because if a person is not interested in particular subject and profession how can that person provide best services out of that profession.

What is capacity?

Capacity is an ability of a person to perform a particular job or to do a particular task. capacity here refers to the thinking capacity or mental capability that is required in a profession. this is another ingredient that is very important to be successful in any profession.

for example you cannot ask a 5 year old to be judge in a court because that person doesn't possess such professional skill along with it he is not capable to think and provide service for same profession.

What is profession?

A profession is a field of work that requires special knowledge and training over a period of time. a person doing profession is known as professionals. the profession is basically a way of knowing and learning skills and education for a particular subjects such as law, medical. the practitioners of professions are said to be expert of such profession.

Hence, to get successful in a profession, interest and capacity is very important and essential as interest creates curiosity and eagerness to learn that particular profession in every manner and explore every aspect of that profession to provide best service out of it along with it the capacity to grasp and learn such skills to be expert in such profession is also required.

Therefore, a successful professional is one that have interest in that particular field and also capable to learn and evolve in that particular profession according to need and requirement.

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Suppose the demand for cherries sold from roadside stands in Michigan is perfectly elastic. The owner of one roadside stand raises the price of cherries by 10%, as a result 1 point A. Zero cherries are sold at this stand. B. No change in the quantity demanded at this stand. C. A 10% decrease in the quantity demanded at this stand. D. A 10% increase in the quantity demanded at this stand. E. All available cherries will be sold.

Answers

Answer:

A

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price  

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases

it is in perfectly competitive markets that demand is perfectly elastic

Toby has been working on collecting tidbits over the past year from a financial firm's trash in an effort to eventually break into their system. Even though the financial firm has strict restrictions on access to their trash, Toby has been able to bypass these restrictions. How has Toby most likely done this

Answers

Answer:

By acting or posing as a waste management collector looking to fix the dumpster or collect the debris

Explanation:

The computer as an electronic machine has served as a tool or an object of the crime, subject of the crime and an instrument of the crime

Cyber crime

This is simply known as a criminal act. It is the process by which there is the stealing or destruction of information, resources, or funds utilizing computers, computer networks and the Internet.

Computer fraud

This is simply a type of fraud committed with the use of contemporary technology and it is regarded as a law crime. It includes theft of information and corporate espionage etc.

Most cyber crimes are usually well organized. The individual committing the crime usually puts a lot of efforts in achieving their goal. Toby could only have gained access to the company dumpster if he poses as the one or company sent to collect the trash.

Providing incentives for customers to learn more about your service is known as
A. branding
(B. advertising Not the answer)
C. permission marketing.
D. search engine optimization.

Answers

For your answer it’s letter c Because Providing incentives for customers to learn more about your services is known as Permission marketing

Concord Company sells merchandise on account for $3300 to Pharoah Company with credit terms of 1/10, n/30. Pharoah Company returns $800 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Concord Company make upon receipt of the check

Answers

Answer:

Dr Cash $825

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

Explanation:

Preparation of the journal entry that Concord Company make upon receipt of the check

Dr Cash $825

($800+$25)

Cr Sales Returns and Allowances $800

Cr Sales Discounts $25

(To record receipt of the check)

Sales discount=(Sales Price -Sales return) × 1%

Sales discount=($3300 - $800) × 1% = $25

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Womens historians, meanwhile, have shown little interest in the subject of party politics, instead drawing on personal papers, legal records such as wills, and records of female associations to illuminate womens domestic lives, their moral reform activities, and the emergence of the womans rights movement.However, most historians have underestimated the extent and significance of womens political allegiance in the antebellum period. For example, in the presidential election campaigns of the 1840s, the Virginia Whig party strove to win the allegiance of Virginias women by inviting them to rallies and speeches. According to Whig propaganda, women who turned out at the partys rallies gathered information that enabled them to mold party-loyal families, reminded men of moral values that transcended party loyalty, and conferred moral standing on the party. Virginia Democrats, in response, began to make similar appeals to women as well. By the mid-1850s the inclusion of women in the rituals of party politics had become commonplace and the ideology that justified such inclusion had been assimilated by the Democrats.The primary purpose of the passage as a whole is toA. examine the tactics of antebellum political parties with regard to womenB. trace the effect of politics on the emergence of the womans rights movementC. point out a deficiency in the study of a particular historical periodD. discuss the ideologies of opposing antebellum political partiesE. contrast the methodologies in two differing fields of historical inquiry 15. In a school, the ratio of boys and girls is 4:5, when 100 girls leave the school, the ratio becomes 6:7. How many boys are there in the school which is/are true regarding bruxism? 1. Stress is not a factor in the etiology of TMD. 2.Stress is associated with an increase in bruxism. 3. There are two separate categories ofbruxism: sleep bruxism and awake bruxism. 4. 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