The answer is A. Please show all steps
Homework Answers
Thus, Price of Caramel = 3 cents.
Hence the correct answer is (A) 3 cents.
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The answer is A. Please show all steps 19. Ms. Prindable makes caramel apples (Y) out of normal apples (A) and caramel...
Please answer and explain the steps involved in each. 20. The rate of product transformation refers...
Please answer and explain the steps involved in each.
20. The rate of product transformation refers to a. how a consumer can trade one good for another while still maximizing his or her utility. b. how a firm can substitute one input for another and still maintain the same production level. c. how production of one good can be substituted for another while still using a fixed supply of inputs efficiently. d. how quickly a firm can produce a final...
Please fill in the graph and state the (x,y) axis aswell please. Fill in the blanks please aswell.
Please fill in the graph and state the (x,y) axis aswell please.
Fill in the blanks please aswell.
Suppose Yvette runs a small business that manufactures frying pans. Assume that the market for frying pans is a competitive market, and the market price is $20 per frying pan The following graph shows Yvette's total cost curve Use the blue points (circle symbol) to plot total revenue and the green points (triangle symbol) to plot profit for frying pans quantities zero...
PLEASE ANSWER THIS QUESTION CORRECTLY!! AND WRITING MUST BE CLEAR TO READ!! THANKS!! AND LIST ALL...
PLEASE ANSWER THIS QUESTION CORRECTLY!! AND WRITING MUST BE
CLEAR TO READ!! THANKS!! AND LIST ALL THE COORDINATES
POINTS FOR ALL GRAPHS PLEASE!!
Suppose Janet runs a small business that manufactures shirts. Assume that the market for shirts is a price-taker market, and the market price is $10 per shirt. The following graph shows Janet's total cost curve. 0 Use the blue points (circle symbol) to plot total revenue, and the green points (triangle symbol) to plot profit for the...
Can anyone help. Please show steps so I can learn 4. Mateo's room overlooks a CFL...
Can anyone help. Please show steps so I can learn
4. Mateo's room overlooks a CFL football stadium. He decides to rent a telescope for $50.00 a week and charge his friends to use it to peep at the games for 30 seconds. He can act as a single-price monopolist for renting out "peeps." For each person who takes a 30-second peep, it costs Mateo $0.20 to clean the eyepiece. This table shows the information Mateo has gathered about the...
Please show me the steps and formulas!! Hurtington, Inc., produces cutlery sets out of high-quality wood...
Please show me the steps and formulas!!
Hurtington, Inc., produces cutlery sets out of high-quality wood and steel. The company makes a Standard set and a Deluxe set and sells them to retail department stores throughout the country. The Standard set sells for $80, and the Deluxe set sells for $100. The variable expenses associated with each set are given below. Standard Deluxe Variable production cost 20.00 $ 40.00 Sales commission 16.00 $ 20.00 Number of units sold in the...
Carbex, Inc., produces cutlery sets out of high-quality wood and steel. The company makes a Standard...
Carbex, Inc., produces cutlery sets out of high-quality wood and steel. The company makes a Standard set, and a Deluxe set and sells them to retail department stores throughout the country. The Standard set sells for $68, and the Deluxe set sells for $83. The variable expenses associated with each set are given below. Standard Deluxe Variable production costs $ 19.00 $ 34.00 Sales commissions (19% of sales price) $ 12.92 $ 15.77 The company’s fixed expenses each month are:...
Please show all work PROBLEMS: 1. V Boutique is a fashion house that designs, manufactures, and...
Please show all work
PROBLEMS: 1. V Boutique is a fashion house that designs, manufactures, and sells evening gowns. Their lowest-selling design is a vibrant green strapless gown in Dupioni silk. V Boutique is considering lowering the selling price of the gown to stimulate demand. However, before lowering the price, they must evaluate the total costs associated with the gown. • Fabric and materials - $62/gown • Labor to construct the gown - $40/gown • Equipment cost for these gowns...
I need an answer to 10 and 12 only please show me the steps and formulas...
I need an answer to 10 and 12 only please show me the steps
and formulas and explanation.
H Page 7 of 12 Total sales =400,000 + 350,000 Harrington, Inc., produces cutlery sets out of high-quality wood and steel. The company makes a Standard set and a Deluxe set and sells them to retail department stores throughout the country. The Standard set sells for $80. and the Deluxe set sells for $100 The variable expenses associated with each set are...
Please show the steps and formulas thanks!! 10 Austen Company makes a single product. Each unit...
Please show the steps and formulas thanks!!
10 Austen Company makes a single product. Each unit requires $55 of direct materials. Manufacturing overhead (MOH) cost is applied in the amount of 150% of direct labor cost. Two thirds of the MOH cost is fixed. The company had no beginning or ending inventory in August. The company reports additional information for August below: Sales quantity 8,000 units Selling price $ 300 Manufacturing cost per unit $ 130 Variable selling & administrative...
1) Decreasing returns to scale may occur as increasing the amount of inputs used A) increases...
1) Decreasing returns to scale may occur as increasing the amount of inputs used A) increases specialization B) may cause coordination difficulties. C) always increases the amount of output produced D) increases efficiency. 2) Which of the following statements is NOT true? A) AFC = AC - AVC C) AVC = wage/MPL B) AC = AFC + AVC D) C=F-VC 3) The more elastic the demand curve, a monopoly A) will have a larger Lemer Index. will face a lower...
Please answer and explain the steps involved in each.
20. The rate of product transformation refers to a. how a consumer can trade one good for another while still maximizing his or her utility. b. how a firm can substitute one input for another and still maintain the same production level. c. how production of one good can be substituted for another while still using a fixed supply of inputs efficiently. d. how quickly a firm can produce a final...
Please fill in the graph and state the (x,y) axis aswell please.
Fill in the blanks please aswell.
Suppose Yvette runs a small business that manufactures frying pans. Assume that the market for frying pans is a competitive market, and the market price is $20 per frying pan The following graph shows Yvette's total cost curve Use the blue points (circle symbol) to plot total revenue and the green points (triangle symbol) to plot profit for frying pans quantities zero...
PLEASE ANSWER THIS QUESTION CORRECTLY!! AND WRITING MUST BE
CLEAR TO READ!! THANKS!! AND LIST ALL THE COORDINATES
POINTS FOR ALL GRAPHS PLEASE!!
Suppose Janet runs a small business that manufactures shirts. Assume that the market for shirts is a price-taker market, and the market price is $10 per shirt. The following graph shows Janet's total cost curve. 0 Use the blue points (circle symbol) to plot total revenue, and the green points (triangle symbol) to plot profit for the...
Can anyone help. Please show steps so I can learn
4. Mateo's room overlooks a CFL football stadium. He decides to rent a telescope for $50.00 a week and charge his friends to use it to peep at the games for 30 seconds. He can act as a single-price monopolist for renting out "peeps." For each person who takes a 30-second peep, it costs Mateo $0.20 to clean the eyepiece. This table shows the information Mateo has gathered about the...
Please show me the steps and formulas!!
Hurtington, Inc., produces cutlery sets out of high-quality wood and steel. The company makes a Standard set and a Deluxe set and sells them to retail department stores throughout the country. The Standard set sells for $80, and the Deluxe set sells for $100. The variable expenses associated with each set are given below. Standard Deluxe Variable production cost 20.00 $ 40.00 Sales commission 16.00 $ 20.00 Number of units sold in the...
Please show all work
PROBLEMS: 1. V Boutique is a fashion house that designs, manufactures, and sells evening gowns. Their lowest-selling design is a vibrant green strapless gown in Dupioni silk. V Boutique is considering lowering the selling price of the gown to stimulate demand. However, before lowering the price, they must evaluate the total costs associated with the gown. • Fabric and materials - $62/gown • Labor to construct the gown - $40/gown • Equipment cost for these gowns...
I need an answer to 10 and 12 only please show me the steps
and formulas and explanation.
H Page 7 of 12 Total sales =400,000 + 350,000 Harrington, Inc., produces cutlery sets out of high-quality wood and steel. The company makes a Standard set and a Deluxe set and sells them to retail department stores throughout the country. The Standard set sells for $80. and the Deluxe set sells for $100 The variable expenses associated with each set are...
Please show the steps and formulas thanks!!
10 Austen Company makes a single product. Each unit requires $55 of direct materials. Manufacturing overhead (MOH) cost is applied in the amount of 150% of direct labor cost. Two thirds of the MOH cost is fixed. The company had no beginning or ending inventory in August. The company reports additional information for August below: Sales quantity 8,000 units Selling price $ 300 Manufacturing cost per unit $ 130 Variable selling & administrative...
1) Decreasing returns to scale may occur as increasing the amount of inputs used A) increases specialization B) may cause coordination difficulties. C) always increases the amount of output produced D) increases efficiency. 2) Which of the following statements is NOT true? A) AFC = AC - AVC C) AVC = wage/MPL B) AC = AFC + AVC D) C=F-VC 3) The more elastic the demand curve, a monopoly A) will have a larger Lemer Index. will face a lower...
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