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Federal Electricity Company, a state owned company, is the sole producer of electricity. Using derivations and...
2. Laredo Gas Company is the sole producer of natural gas in Laredo. The company's operations are regulated by the City Energy Commission. The demand function for gas in Laredo has been estimated as P=1,800 - .3Q where Q is output (measured in units) and P is price (measured in dollars per unit). The company's cost function is: TC = 360,000+ 120 + Q2 This total cost function does not include a "normal" return on the firm's invested capital of...
QUESTION 3 Clear Sound Ltd. produces stereo speakers. The company is considering a modification to one of its models - CSIIX, that would make it more attractive to customers. One unit of CSIIX currently costs RM250 and sells for RM300. Unit cost RM150 90 Variable manufacturing cost Fixed manufacturing cost Variable selling and administrative Total costs RM250 Clear Sound's marketing department carried out a market research at a cost of RM50,000 and as a result, has discovered that the following...
At 31st of December 2019, John owned 25% of the common stock capital of a company called Empire’s Investment Ltd. The company focuses on the local real estate market and shows increasing profits year after year. At the beginning of the year 2020 the company presented the following Balance sheet: assets cash 2.005.000,00 land 200.000,00 buildings 1.200.000,00 acc depr buildings -200.000,00 real state available for sale 2.500.000,00 construction in progress 2.300.000,00 total assets 8.005.000,000 liabilities ...
the page 199 MANAGEMENT FOCUS Protecting U.S. Magnesium In February 2004, U.S. Magnesium, the sole surviving U.S. producer of magnesium, a metal that is primarily used in the manufacture of certain automobile parts and aluminium can, filed a petition with U.S. International Trade Commission contending that a surge in imports had caused material damage to the U.S. industry’s employment sales, market share, and profitability. According to U.S. Magnesium, Russian and Chinese producers had been selling the metal at prices significantly...
The table below shows a hypothetical demand and supply schedule for CD players. Price, K Quantity demanded, thousand/yr Quantity supplied, thousands/yr 100 10 3 120 9 4 140 8 5 160 7 6 180 6 7 200 5 8 Plot the supply and demand curves on the same diagram Find the equilibrium price and quantity Using the same data, what is the excess supply or demand When the price is K120? When the price is K200? Explain why and in...
Companies invest in expansion projects with the expectation of increasing the earnings of its business.Consider the case of Garida Co.:Garida Co. is considering an investment that will have the following sales, variable costs, and fixed operating costs:Year 1Year 2Year 3Year 4Unit sales5,5005,2005,7005,820Sales price$42.57$43.55$44.76$46.79Variable cost per unit$22.83$22.97$23.45$23.87Fixed operating costs except depreciation$66,750$68,950$69,690$68,900Accelerated depreciation rate33%45%15%7%This project will require an investment of $15,000 in new equipment. The equipment will have no salvage value at the end of the project’s four-year life. Garida pays a...
THE BIG D COMPANY The Big D Company of Dallas, Texas, was a family owned, conservatively managed company. For over forty years the company enjoyed slow, steady growth in reaching its current employment level of just over 200. All expansions were financed entirely out of earnings. As the company grew, its operating procedures were periodically re-examined and modified to cope with the complex problems that accompany growth. The company developed, manufactured, and sold metering and flow control devices used in...
In an economy where the money supply and aggregate demand have been decreased by the Central Bank, you know that the Central Bank is using 答案选项组 a contractionary monetary policy. an expansionary monetary policy. a loose monetary policy. follow expansionary fiscal policy How does monetary policy affect the market? 答案选项组 Monetary policy has a more of an impact on consumption than investment. Monetary policy has a more of an impact on government spending than investment. Monetary policy has an indirect...
1) After considering the situation of market power for my software and how it changed after the introduction of competitors, consider situations of natural disasters and how governments respond to shortages resulting from them. Read this article; what is the most likely way that anti-gouging laws potentially can increase social welfare? Select one: a. Penalties assessed on price gougers can be redistributed to victims or the area at large that was affected by the natural disaster. In that sense, the...
0. A company developed a standard cost for overhead. Which of the following involves standard development procedures that are similar to developing overhead standard costs? a. predetermined overhead rates b. Budgeted direct labor costs c. standard costs for materials d. total number of units to be produced 11. Which of the following may be cause an unfavorable material variance? 1. more material was used than planned 2. A company paid a higher price for materials than expected 3. More materials...