what reasons would you give for the reaction of consumers to price changes​

Answers

Answer 1

Explanation:

ayes

he's!Once the cells in a biological machine stop working, it can never be started again. It goes into a cascade of decay, falling toward disorder and randomness. Except in the case of viruses. They can turn off and go dead. Then, if they come in contact with a living system, they switch on and multiply. The only thing that "lived" inside this monkey was the unknown agent, and it was dead, for the time being. It was not multiplying or doing anything, since the monkey's cells were dead. But if the agent touched living cells, Nancy's cells, it would come alive and begin to amplify itself. In theory, it could amplify itself around the world in the human species.

Summary of central idea: It is petrifying that even if viruses are dead, they have the potential to "come alive.”


Related Questions

1. Brodrick Company expects to produce 20,000 units for the year ending December 31. A flexible budget for 20,000 units of production reflects sales of $400,000; variable costs of $80,000; and fixed costs of $150,000. If the company instead expects to produce and sell 26,000 units for the year, calculate the expected level of income from operations.
2. Refer to information QS 1. Assume that actual sales for the year are $480,000, actual variable costs for the year are $112,000, and actual fixed costs for the year are $145,000 Prepare a flexible budget performance report for the year.

Answers

Answer:

Brodrick Company

1. The expected level of income from operations is:

= $266,000.

2. Flexible Budget Performance Report for the year

                                          Flexible        Actual         Variance

                                          Budget        Budget

Sales revenue               $480,000     $480,000       $0

Variable costs                   96,000         112,000      $16,000 U

Fixed costs                      150,000        145,000          5,000 F

Net operating income $234,000     $223,000       $11,000 U

Explanation:

a) Data and Calculations:

Expected production units = $20,000

Expected sales based on 20,000 units = $400,000 at $20 per unit

Variable costs = $80,000 at $4 per unit

Fixed costs = $150,000

Expected sales based on 26,000 units

Expected level of income from operations:

Sales revenue = $520,000 ($20 * 26,000)

Variable cost =      104,000 ($4 * 26,000)

Fixed cost =          150,000

Net income =    $266,000

Actual sales revenue for the year = $480,000 (24,000 * $20)

Actual variable costs =                          112,000 (24,000 * $4.67)

Actual fixed costs =                              145,000

Net operating income =                    $223,000

Complete the following data taken from the condensed income statements for merchandising Companies X, Y, and Z. For those boxes in which you must enter negative numbers use a minus sign.
Company X Company Y Company Z
Net income/(net loss) $30 $_____ $(20)
Sales _____ 1,270 970
Gross profit 245 _____ 525
Operating expenses _____ 525 _____
Cost of goods sold 330 790 _____

Answers

Answer:

Company X:

Sales :

= Gross Profit + Cost of goods sold

= 245 + 330

= $575

Operating expenses:

= Gross profit - Net income

= 245 - 30

= $215

Company Y

Gross profit:

= Sales - Cost of goods sold

= 1,270 - 790

= $480

Net income:

= Gross profit - Operating expenses

= 480 - 525

= $(45)

Company Z

Operating expenses :

= Gross profit - Net income

= 525 - (-20)

= 525 + 20

= $545

Cost of goods sold:

= Sales - Gross profit

= 970 - 525

= $445

Define the term creativity​

Answers

Answer:

Creativity is defined as the tendency to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.

Answer:

Creativeness is defined as the tendency to generate or recognize ideas, alternatives, or opportunities which can be useful for problem-solving,  communication, and for fun with others.

Explanation:

Examples include creative thinking: problem-solving, writing, visual art, communication skills, and openness.

In 2019, website and moving development, web production, user interface, and interaction design as well as design and visual design will be the main fields for creative grabbing.

What are the types of model risk

Answers

1. Wrong model.
2. Model implementation.
3. Model usage.
4. Uncertainty on volatility.
5. Time inconsistency.
6. Correlation uncertainty.
7. Complexity.
8. Illiquidity and model risk.

All of the following are true of IT policy frameworks, except: A. an IT policy framework includes policies, standards, baselines, procedures, guidelines, and a taxonomy. B. the framework must define the business as usual (BAU) activities and accountabilities needed to ensure information security policies are maintained. C. an IT policy framework should be fully accessible by executives and managers, with relevant highlights shared with general employees. D. you can measure success by how well the framework helps reduce risk to the organization.

Answers

Answer:

D. you can measure success by how well the framework helps reduce risk to the organization.

Explanation:

The IT policy measures includes

1. The policies, standard, etc

2. It is the framework that works with the bau activities in order to ensure the policies related to the information security that should be maintained

3. It could be fully accessible by the executives having a relevant highlights that shared with the general employees

SO, the option d is considered

A company is evaluating a new 4-year project. The equipment necessary for the project will cost $3,500,000 and can be sold for $715,000 at the end of the project. The asset is in the 5-year MACRS class. The depreciation percentage each year is 20.00 percent, 32.00 percent, 19.20 percent, 11.52 percent, and 11.52 percent, respectively. The company's tax rate is 34 percent. What is the aftertax salvage value of the equipment?
Hint: 1. Find the remaining book value at the end. 2. Subtract this from the expected sale price to find the gain on sale. 3. Apply the tax rate to this gain to find the taxes owed. 4. The after-tax salvage value is the sale price minus the taxes.
a) $715,000.
b) $752,468.
c) $540,444.
d) $677,532.
e) $471,900.

Answers

Answer:

d) $677,532.

Explanation:

1.

Written down value of the equipment after 4 years = Cost x ( 100% - 1st year MACRS - Second-year MACRS - Third-year MACRS - Fourth-year MACRS ) = $3,500,000 x ( 100% - 20% - 32% - 19.20% - 11.52% ) = $604,800

2.

Now calculate the gain on the sale of equipment

Gain on the sale of equipment = Sale Price - Written down Value after 4 years = $715,000 - $604,800 = $110,200

3.

Tax owed = Gain on the sale x Tax rate = $110,200 x 34% = $37,468

After-tax salvage value = Sales price - Tax = $715,000 - $37,468 = $677,532

differentiate between the short run and Long run?​

Answers

Answer:

Short-run is a time limit during which at least one input can be fixed and other input quantities can be verified.

The long run is a time period in which all the inputs can be verified in quantities.

Explanation:

Both the fixed and variable costs occur in the short term.There are no fixed costs in the long term.The combination of the output of a company results in the desired amount of the goods at the lowest possible cost is sustained by efficient long-term costs.The output changes variable costs. For instance, the employee's salaries and raw material costs are variable costs.

Based on variable costs and the production rate, the short-run costs are increasing or falling. If a company manages its short-term costs well over time, the desired long-term costs and goals will more likely be achieved.

Rotweiler Obedience School’s December 31, 2009, balance sheet showed net fixed assets of $1,271,006, and the December 31, 2010, balance sheet showed net fixed assets of $2,108,650. The company’s 2010 income statement showed a depreciation expense of $171,813. What was Rotweiler’s net capital spending for 2010?

Answers

Answer:

The answer is "[tex]\$1,009,457[/tex]".

Explanation:

The net fixed asset starting value [tex]= \$1,271,006[/tex]

The net fixed asset ending value[tex]= \$2,108,650[/tex]

The expense of the depreciation  [tex]= \$171,813[/tex]

[tex]\text{Net Capital Spending = The net fixed asset ending value} - \text{The net fixed asset starting value} + \text{The expense of the depreciation} \\\\[/tex]

                                   [tex]= \$2,108,650 - \$1,271,006 + \$171,813\\\\= \$1,009,457[/tex]

Blue Inc. uses LIFO inventory costing. At January 1, 2020, inventory was $217,208 at both cost and market value. At December 31, 2020, the inventory was $287,675 at cost and $261,060 at market value. Use an allowance account. Prepare the necessary December 31 entry under (a) the cost-of-goods-sold method (b) Loss method.

Answers

Answer:

A. Dr Cost of Goods Sold $26,615

Cr Allowance to Reduce Inventory to Market $26,615

B.Dr Loss Due to Market Decline of Inventory $26,615

Cr Allowance to Reduce Inventory to Market $26,615

Explanation:

(a) Preparation of the necessary December 31 entry under the cost-of-goods-sold method

COST-OF-GOODS-SOLD METHOD

Dr Cost of Goods Sold $26,615

Cr Allowance to Reduce Inventory to Market $26,615

($287,675 - $261,060)

(b) Preparation of the necessary December 31 entry under Loss method

LOSS METHOD

Dr Loss Due to Market Decline of Inventory $26,615

Cr Allowance to Reduce Inventory to Market $26,615

($287,675 - $261,060)

Currently, the income statement for company Grace reflects a total period cost for depreciation of $7,876,000. Grace is planning for an increase in this depreciation next year. On the financial statements of Grace this will . . .

Answers

Answer:

Currently, the income statement for company Grace reflects a total period cost for depreciation of $7,876,000

The following information was available for the year ended December 31, 2016

Sales $260,000
Net income 38,340
Average total assets 560,000
Average total stockholders' equity 315,000
Dividends per share 1.23
Earnings per share 3.00
Market price per share at year-end 24.60

Required:
a. Calculate margin, turnover, and ROl for the year ended December 31, 2016.
b. Calculate ROE for the year ended December 31, 2016.

Answers

Answer:

A. Margin 14.75%

Turnover 0.46 times

ROI 6.85%

B. ROE 12.17%

Explanation:

A. Calculation to determine the margin, turnover, and ROl for the year ended December 31, 2016.

Calculation for MARGIN

Using this formula

Margin=Net income/Sales

Let plug in the formula

Margin=$38,340/$260,000

Margin=0.1475*100

Margin=14.75%

Calculation for TURNOVER

Using this formula

Turnover=Sales /Average total assets

Let plug in the formula

Turnover=$260,000/$560,000

Turnover=0.46 times

Calculation for ROI

Using this formula

ROI=Net income/Average total assets

Let plug in the formula

ROI=$38,340/$560,000

ROI=0.0685*100

ROI=6.85%

Therefore the margin is 14.75%, turnover is 0.46 times and ROl is 6.85% for the year ended December 31, 2016.

B. Calculation to determine the ROE for the year ended December 31, 2016.

Using this formula

ROE=Net income /Average total stockholders' equity

Let plug in the formula

ROE=$38,340/$315,000

ROE=0.1217*100

ROE=12.17%

Therefore the ROE for the year ended December 31, 2016 is 12.17%

Diamond Boot Factory normally sells its specialty boots for $35 a pair. An offer to buy 110 boots for $29 per pair was made by an organization hosting a national event in Norfolk. The variable cost per boot is $13 and special stitching will add another $1 per pair to the cost. Determine the differential income or loss per pair of boots from selling to the organization. Enter the amount as a positive number. The Diamond Boot Company is operating at less than capacity and could accept the offer without disrupting normal operations. Differential per pair of boots from accepting the special order is $fill in the blank 2 .

Answers

Answer:

Since there is no loss occur from these sales and rather $15 per pair is profit from the sale of boots. So it should be accepted.

Explanation:

Now the calculation of differential income or loss per pair of boots from selling to the organization,

which activity would a consumer most likely preform

Answers

Explanation:

Consumer are individuals who buys products or services for personal use and not for manufacture or resale. Buying goods best describes the role of a consumer. Correct answer: A Because of this, consumers can be influenced by marketing and advertisements and they play a huge role in the marketing process.

Furthermore, what is one way economics can influence your daily life? by forcing a decision on a career path. by limiting your ability to save money. by helping you understand that every choice has a tradeoff.

please mark me as brain list

The predicted 2017 costs for Gamma Motors are as follows: Manufacturing Costs Selling and Administrative Costs Variable $250,000 Variable $600,000 Fixed 450,000 Fixed 300,000 Average total assets for 2017 are predicted to be $5,000,000. If the company desires a 10 percent rate of return on total assets, what is the markup percentage on total manufacturing costs for the desired profit

Answers

Answer: 200%

Explanation:

First find the return required.

= 10% of total assets

= 10% * 5,000,000

= $500,000

The total manufacturing costs are:

= 250,000 + 450,000

= $700,000

We need to know the amount to increase the manufacturing costs by so that it covers both the desired return and the admin costs:

= (Desired return + Admin costs) / Manufacturing costs * 100%

= (500,000 + 600,000 + 300,000) / 700,000 * 100%

= 200%

Trevor heard a burglar entering through a living room window.He grinned as he picked up his gun. Crouching behind the sofa in his darkened home,he ambushed and killed the intruder with several well placed shots.He then added another notch in his trusty side-arm.Trevor most probably:____________

a. has exercised his constitutional right of self-defense.
b. has acted legally,because the shooting took place inside his home.
c. has acted legally if,but only if,the burglar was armed with a gun.
d. is guilty of a homicide,or at least voluntary manslaughter.

Answers

Answer: D. guilty of a homicide, or at least voluntary manslaughter.

Explanation:

Homicide is the act whereby a human being kills another person. A homicide can be reckless or accidental. Voluntary manslaughter is when someone else is killed unlawfully such as for self-defense.

Therefore, Trevor most probably be guilty of a homicide, or at least voluntary manslaughter.

What are the purchase goods for cash Rs. 12,000 and for credit Rs. 8,000 (journal entries)?

Answers

Explanation:

Journal entries

Books of (----- LTD)

Particular                             Amount            Amount

Purchase     A/c Debit         20,000

Cash            A/c Credit                                12,000

Creditor       A/c Credit                                 8,000

(Being goods purchase on cash and credit)

The case explains that newly-hired CEO Ron Johnson quickly ordered the alteration of all stores to remove discount racks and add premium items. According to the case, that change and others signaled the move from a _________ strategy to a ________ strategy.

Answers

Answer:

cost-leadership; blue ocean

Explanation:

From the question we are informed about the case explains that newly-hired CEO Ron Johnson quickly ordered the alteration of all stores to remove discount racks and add premium items. According to the case, that change and others signaled the move from a cost-leadership strategy to a blue ocean strategy.

Cost leadership can be regarded as strategy where there is establishment of a competitive advantage as a result of having the lowest cost of operation in a particular the industry by a firm, in this case, it is possible for a firm to be

lowest cost producer but at same time it doesn't offer lowest-priced products or services.

Blue Ocean Strategy can be regarded as a strategy used in a market in a case whereby where there exist no competition or there is very less competition for a particular product market. This strategy involves searching for a business whereby few firms operate it and pricing pressure is minimal or doesn't exist.

The supplies account had a beginning balance of $1,693. Supplies purchased during the period totaled $4,413. At the end of the period before adjustment, $445 of supplies were on hand. Prepare the adjusting entry for supplies. If an amount box does not require an entry, leave it blank.

Answers

Answer:

Debit Supplies expense $5,661

Credit Supplies account $5,661

Explanation:

At the time of purchasing supplies, the entries includes a debit to supplies accounts, and a credit to cash or accounts payable which is dependent on whether the cash purchased was done via cash or an account

For supplies used, debit supplies expense and credit supplies account. The movement in supplies account over a period is due to purchases and its expressed as;

Opening balance + Purchases - Supplies used = closing balance

$1,693 + $4,413 - Supplies used = $445

$6,106 - Supplies used = $445

Supplies used = $6,106 + $445

Supplies used = $5,661

In its first year of operations, Sunland Company recognized $33,800 in service revenue, $6,700 of which was on account and still outstanding at year-end. The remaining $27,100 was received in cash from customers. The company incurred operating expenses of $19,600. Of these expenses, $12,640 were paid in cash; $6,960 was still owed on account at year-end. In addition, Sunland prepaid $3,250 for insurance coverage that would not be used until the second year of operations.
(a) Calculate the first year's net earnings under the cash basis of accounting, and calculate the first year's net earnings under the accrual basis of accounting. Cash Basis Accrual Basis Net Income $ GA
(b) Which basis of accounting (cash or accrual) provides more useful information for decision-makers? Accrual basis Cash basis Media

Answers

Answer:

A. Cash basis of accounting $11,110

Accrual basis of accounting $13,870

B. Cash basis of accounting

Explanation:

a. Calculation of the first year net earnings under the cash basis of accounting, and the first year net earnings under the accrual basis of accounting.

CASH BASIS OF ACCOUNTING

Revenue $27,100

Less Expenses ($12,640)

Less Prepaid Assets ($3,250)

Total $11,110

ACCRUAL BASIS OF ACCOUNTING

Revenue $33,800

Less Expenses ($19,600)

Less Prepaid Asset ($3,250)

Total $10,950

Therefore the first year net earnings under the cash basis of accounting is $11,110 and the first year net earnings under the accrual basis of accounting is $10,950

(b) Based on the above Calculation the basis of accounting that provides more useful information for decision-makers will be CASH basis of accounting of the amount of $11,110 because it help to show the complete company financial considerations.

Which subscription level(s) in QuickBooks Online include the Receipt Capture feature?

Answers

what the person above me said ^

Goodwill arises when one firm acquires the net assets of another firm and pays more for those net assets than their current fair value. Suppose that Target Co. had operating income of $1,215,000 and net assets with a fair value of $5,400,000. Takeover Co. pays $8,100,000 for Target Co.’s net assets and business activities.

Required:
a. How much goodwill will result from this transaction?
b. Calculate the ROI for Target Co. based on its present operating income and the fair value of its net assets.
c. Calculate the ROI that Takeover Co. will earn if the operating income of the acquired net assets continues to be $180,000.
d. What reasons can you think of to explain why Takeover Co. is willing to pay $300,000 more than fair value for the net assets acquired from Target Co.?

Answers

Answer:

A. $2,700,000

B. 22.5%

C. 2.22%

D. Target Co was a profit making company

Explanation:

a. Calculation to determine How much goodwill will result from this transaction

Goodwill=$8,100,000- $5,400,000

Goodwill=$2,700,000

Therefore the goodwill that will result from this transaction is $2,700,000

b. Calculation to determine the ROI for Target Co.

Using this formula

Return on investment = Operating income / Net assets * 100

Let plug in the formula

Return on investment=$ 1,215,000 /$5,400,000 * 100

Return on investment= 22.5%

Therefore the ROI for Target Co is 22.5%

c. Calculation to determine the ROI that Takeover Co.

Using this formula

Return on investment = Operating income / Net assets * 100

Let plug in the formula

Return on investment= $180,000 / 8,100,000 * 100

Return on investment=2.22%

Therefore the ROI that Takeover Co is 2.22%

d. Based on the information given the reason

why TAKEOVER CO. is willing to pay the amount of $300,000 more than the FAIR VALUE for the NET ASSETS that was ACQUIRED from Target co., was because Target Co was a profit making company.

Suppose the U.S. yield curve is flat at 3% and the euro yield curve is flat at 5%. The current exchange rate is $1.4 per euro. What will be the swap rate on an agreement to exchange currency over a 3-year period

Answers

Answer: hello your question is incomplete attached below is the complete question.

answer :

3.02 million,    2.96 million,    2.91 million

Explanation:

Determine the swap rate over a 3-year period

swap rate = forward exchange rate * exchange amount

For year 1

1.4 * ( 1 + 0.03 / 1 + 0.05 ) * 2.2 million

= 1.4 ( 0.98095 ) * 2.2

= 3.02 million

For year 2

1.4 * ( 1 + 0.03 / 1 + 0.05 )^2 * 2..2 million

= 1.4 ( 0.98095 )^2 * 2.2 million

= 2.96378 million

For year 3

1.4 * ( 1 + 0.03 / 1 + 0.05 )^3 * 2.2 million

= 1.4 ( 0.98095 )^3 * 2.2 million

= 2.90733 million  

XYZ Industries makes heavy construction equipment. The standard for a crane calls for 20 direct labor-hours at $24 per direct labor-hour. During a recent period 875 cranes were made. The labor efficiency variance was $1,200 Unfavorable. How many actual direct labor-hours were worked

Answers

Answer:

17,550

Explanation:

Labor efficiency variance = Standard rate * (Actual hours - Standard hours)

$1200 = $24 * (Actual hours - 875*20)

50 = Actual hours - 17,500

Actual hours = 17,500 + 50

Actual hours = 17,550

So, the actual direct labor-hours which were worked is 17,550.

Short Company purchased land by paying $27,000 cash on the purchase date and agreed to pay $27,000 for each of the next seven years beginning one-year from the purchase date. Short's incremental borrowing rate is 7%. On the balance sheet as of the purchase date, after the initial $27,000 payment was made, the liability reported is closest to:_________.
a. $117,700.
b. $189,000.
c. $145,511.
d. $172,511.

Answers

Answer:

c. $145,511

Explanation:

Present value of Payment = Amount*PVADF at (7%, 1)

Present value of Payment = $27.000*6.38929

Present value of payment = $172.511

Liabilities reported after initial payment = $172,511 - $27,000

Liabilities reported after initial payment = $145,511

Each of these items must be considered in preparing a statement of cash flows for Flint Corporation. for the year ended December 31, 2022.For each item, state how it should be shown in the statement of cash flows for 2022.a. Issued bonds for $150,000 cash.
b. Purchased equipment for $200,000 cash.
c. Sold land costing $50,000 for $50,000 cash.
d. Declared and paid a $20,000 cash dividend.

Answers

Answer and Explanation:

The classification is as follows:

a. Financing activity inflow of cash

b. INvesting activity outflow of cash

c. Investing activity inflow of cash

d. Financing activity outflow of cash

The inflow of cash shows the positive sign while on the other hand the outflow of cash shows the negative sign

And, the same should be relevant

Royal Inc. issued 10-year, $100,000, 10% annual interest-bearing bonds with a carrying value of $88,800 as of December 31, 2020. Royal Inc. amortizes the discount using the effective interest method. At the time the bonds were issued on June 30, 2020, Royal Inc. elected to account for the bonds using the fair value option. In prepar-ing financial statements for 2020, Royal Inc. will need to make an adjusting entry to reflect the change in the fair value of the bonds.Required:a. Assume that the fair value of the $100,000 bonds is $80,000 on December 31, 2020. The decrease in fair value is due to general interest rate changes. Record the adjusting entry on December 31, 2020. b. Assume instead that the fair value of the $100,000 bonds is $95,000 on December 31, 2020. The increase in the fair value of the bonds is due entirely to a change in the credit risk of the debt.

Answers

Answer:

Royal Inc.

Journal Entries:

a. Assumed fair value on December 31, 2020 = $80,000

Debit Bonds Payable $8,800

Credit Fair Value Adjustment - Bonds Payable $8,800

To record the fair value adjustment in the carrying value of the bonds.

b. Assumed fair value on December 31, 2020 = $95,000

Debit Fair Value Adjustment - Bonds Payable $6,200

Credit Bonds Payable $6,200

To record the fair value adjustment in the carrying value of the bonds.

Explanation:

a) Data and Calculations:

Face value of bonds issued = $100,000

Carrying value as of December 31, 2020 = $88,800

Coupon interest rate = 10%

Maturity period = 10 years

a. Assumed fair value on December 31, 2020 = $80,000

Bonds Payable $8,800 Fair Value Adjustment - Bonds Payable $8,800

b. Assumed fair value on December 31, 2020 = $95,000

Fair Value Adjustment - Bonds Payable $6,200 Bonds Payable $6,200

barcain credit corp. wants to earn an effective annual return on its consumer loans of 12 percent per year. the bank uses daily compounding on its loans. What interest rate is the bank required by law to report to potential borrowers

Answers

Answer:

11.17%

Explanation:

Calculation to determine What interest rate is the bank required by law to report to potential borrowers

Required Effective Annual Rate = 12%

APR(Daily) = 365[(1.12)^1/365 - 1]

APR(Daily) = 365[(1.12)^0.0027-1]

APR(Daily) = 11.17%

You own a bond that has a duration of 7 years. Interest rates are currently 8%, but you believe the Fed is about to increase interest rates by 28 basis points. Your predicted price change on this bond is ________.
a. +1.81%
b. +6.48%
c. −6.48%
d. −1.81%

Answers

The answer could be D but if not then it has to be C

Astro 19,300 units of its only product and incurred a $ 54,940 loss ( ignoring taxes ) for the current year , as shown here During a planning session for year 2020's activities , the production manager notes that variable costs can be reduced 40 % by installing a machine that automates several operations . To obtain these savings , the company must increase its annual costs by . The maximum output capacity of the company is units per year . \$143,000; 40, 000 ASTRO COMPANY Contribution Margin Statement For Year Ended December 31 , 2019 719,240 costs Contribution margin (532, 680)/(177, 560); 232, 599; 5(54, 948) Repuired . 1. Compute the break even point in dollar sales for 2019 ( Round your answers to 2 decimal places . )

Answers

Answer: $682,727.27

Explanation:

Sales price is given as $36.80 per pair and variable costs are $27.60 per pair.

Break Even Point in dollars = Fixed Cost / Contribution margin ratio

Fixed costs = Old fixed costs + increase

= 232,500 + 143,000

= $375,500

Contribution margin = Selling price - Variable cost

Variable costs are to reduce by 40%:

= 36.80 - (27.60 * (1 - 40%))

= $20.24

Contribution margin ratio = Contribution margin / Selling price

=  20.24 / 36.80

= 55%

Break Even Point in dollars = 375,500 / 55%

= $682,727.27

At the quantity of 682 orders of Crispy Chicken Sandwich Tacos from Taco Bell, the marginal social benefit of a Crispy Chicken Sandwich Taco is $3.45 and the marginal social cost is $2.60. To produce the efficient quantity of Crispy Chicken Sandwich Tacos:_________

a. fewer Crispy Chicken Sandwich Tacos should be produced.
b. there should be no change in the amount of Crispy Chicken Sandwich Tacos produced.
c. More information on production costs is needed to determine the efficient level of Crispy Chicken Sandwich Tacos.
d. more Crispy Chicken Sandwich Tacos should be produced.

Answers

Answer:

Hence the correct option is D. more Crispy Chicken Sandwich Tacos should be produced.

Explanation:

Since the marginal benefit is greater than marginal social cost, Therefore more output can be produced.  

D. more Crispy Chicken Sandwich Tacos should be produced.

Other Questions
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