Problems and Applications Q9 Only one firm produces and sells soccer balls in the country of Wiknam, and as our story begins, international trade in soccer balls is prohibited. The following equations describe the monopolist's demand, marginal revenue, total cost, and marginal cost: Demand: P=15-Q Marginal Revenue: MR=15-2Q Total Cost: TC = 3+9+0.90 Marginal Cost: MC=34Q where Q is quantity and P is the price measured in Wiknamian dollars
The monopolist produces ____ soccer balls and sells them at a price of $____each. The monopolist's profit is $_____ in the case. One day, the King of Wiknam decrees that henceforth there will be free trade-either imports or exports-of soccer balls at the world price of $10. The firm is now a price taker in a competitive market. The domestic production of soccer balls will ______ to soccer balls, and domestic consumption will ____ to _____ soccer balls.Therefore, Wiknam will ____ soccer balls In this case. In our analysis of international trade is _____ than the world price, and the country is an ____. This is because the claim made in Chapter 9 assumed the domestic market was _____.

Answers

Answer 1

The monopolist produces 6 soccer balls and sells them at a price of $7 each. The monopolist's profit is $8 in the case.

Under Monopoly,

Marginal Revenue = Marginal Cost

13-2Q = 1-+Q

12 = 3Q. Solve for Q

Q = 4 units.

Pm = 13-4 = 7

Profit = 28 – (3+4+8)

Profit = 13

The company will be a price taker in a free trade system. When price equals MC, the company will manufacture.

given:

Pc = 1 + Q Pc = $8

When Qc is solved for, we get Qc = 7 units. The company will make Qc = 7 units.

Price at Demand = $8 Qd = 6 units

7 units of domestic production

6 units are consumed domestically.

The company is exporting football balls.

MC = MR, where MC stands for marginal costs and MR represents for marginal revenue, is how the profit maximization rule is expressed in economics. Marginal costs, or the increase in costs brought on by producing a new good, must match marginal revenues in order for businesses to maximize their profits.

The quantity at which marginal revenue equals marginal cost, or MR = MC, is the production decision that will maximize profits for the monopoly.

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Related Questions

The magnitude of the transportation costs in a production process of a given land use and the relative sensitivity of these transportation costs to distance from the city center determine:
a.The ease of transportation
b.The optimal size of the buildings in the area
c.The cost of real estate taxes.
d.The optimal distance from the city centre.
e.The slope of the bid-rent function

Answers

e. The bid-rent function's slope. A key factor in influencing the slope of the bid-rent function is the size of transportation costs and how sensitive they are to distance from the city centre.

The link between the rent or price of land and its location relative to the city centre is represented by the bid-rent function. In general, steeper bid-rent functions are caused by higher transportation costs and more sensitivity to distance. As one moves further from the city centre, land values or rents should drop more quickly, according to a steeper bid-rent function. This reflects both the desire for closer proximity to the city centre and the higher transit expenditures. The distribution of economic activities within an area, development choices, and land use patterns are all impacted by the slope of the bid-rent function.

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A message sent by an HR manager asking all employees to submit details about overtime done in the previous quarter is an example of routine request

Answers

Answer:

D) information or action

Explanation:

These are the options for the question

A) settlements to claims

B) recommendations

C) adjustments

D) information or action

E) references

Routine request can be regarded as a request for information, which is been contained in case files, indices,schedules as well as dockets that doesn't look for impounded as well as confidential and sealed information.

When sending a routine email

that give recognizion for a job that is well done, the following should be included;

✓rationale that state work important of the work.

✓closing statement which encourages continued excellence.

✓specific descriptionthat explain purpose of the message.

It should be noted that message sent by an HR manager asking all employees to submit details about overtime done in the previous quarter is an example of routine request information or action

What do you call it investing when you receive income that results from selling an asset stock for more than the purchase price?

Answers

Investment income is the money you make from selling stocks or other assets for a profit over their original cost.

Investment income includes money from interest, dividends, capital gains from the sale of stocks or other assets, and any other profits from other investment types. Investment income is the money you make from selling stocks or other assets for a profit over their original cost. Investment income is the money you make from selling stocks or other assets for a profit over their original cost.

Additionally, dividends collected from stocks owned by mutual funds, interest accrued on bank accounts, and the proceeds from the sale of gold coins are all regarded as investment income.

The tax treatment of long-term investment income varies by country and region and is frequently varied and preferential. Find out more about investment income and the kinds of assets that might yield income.

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In HVAC systems, sensors are one of the most important components. i. What is the main function of the sensors? ii. Based on different HVAC variables, what kind of sensors are normally used in the intelligent buildings? iii. Explain the different sensors with their advantages and disadvantages Resistance temperature devices ► Thermistors Thermocouples (14 marks)

Answers

In HVAC systems, sensors play a crucial role in regulating indoor climate control. They measure various environmental parameters and send signals to the system for effective control. Different types of sensors are used in intelligent buildings based on HVAC variables. These sensors include temperature sensors, occupancy sensors, humidity sensors, carbon monoxide sensors, light level sensors, and pressure sensors. Each sensor serves a specific function and contributes to optimizing HVAC performance.

1. Temperature Sensors:

Temperature sensors, such as Resistance Temperature Devices (RTDs), thermistors, and thermocouples, measure ambient temperature. RTDs offer high accuracy and repeatability, while thermistors are highly sensitive and cost-effective. Thermocouples have a wide temperature range but lower accuracy compared to RTDs and thermistors.

2. Occupancy Sensors:

Occupancy sensors detect the presence of occupants in a space and help control HVAC systems based on occupancy. They contribute to energy efficiency by optimizing HVAC usage.

3. Humidity Sensors:

Humidity sensors measure moisture content in the air. They assist in maintaining appropriate humidity levels for occupant comfort and preventing moisture-related issues.

4. Carbon Monoxide Sensors:

Carbon monoxide sensors detect harmful gas presence, ensuring indoor air quality and safety.

5. Light Level Sensors:

Light level sensors monitor light intensity in a space, enabling daylight harvesting and controlling artificial lighting systems to conserve energy.

6. Pressure Sensors:

Pressure sensors measure air pressure within the HVAC system. They help monitor and regulate airflow, ensuring proper ventilation and system performance.

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Suppose the latest iPhone costs AUD1,199 in Sydney and USD875 in New York. The current exchange rate is 1AUD = USD0.70.

a. If PPP holds, what should the current AUD spot rate in USD be?

b. Is the AUD over- or under-valued?

c. Briefly explain you answer from part b.

d. The general level of inflation as measured by the consumer price index is expected to be 9% per year in the US next year and 7% in Australia. What would you expect the one-year forward rate to be? C

Answers

a.The current AUD spot rate in USD would be AUD1,199 / USD875 = 1.37.

b. The AUD is overvalued.

c.AUD = USD0.70.The calculated spot rate is higher than the actual exchange rate, it indicates that the AUD is overvalued.

d.The one-year forward rate would be approximately 1.37 × (1 + 0.07) / (1 + 0.09) = 1.33.

a. If PPP holds, the current AUD spot rate in USD should be calculated by dividing the price of the iPhone in AUD by the price of the iPhone in USD. Therefore, the current AUD spot rate in USD would be AUD1,199 / USD875 = 1.37.

b. The AUD is overvalued.

c. The overvaluation of the AUD is determined by comparing the calculated spot rate in part a (1.37) with the actual exchange rate of 1 AUD = USD0.70. Since the calculated spot rate is higher than the actual exchange rate, it indicates that the AUD is overvalued.

This means that the AUD is relatively stronger or more expensive compared to the USD, as it would require more AUD to purchase the same amount of goods or services compared to the USD.

d. The expected one-year forward rate can be estimated based on the inflation differential between the US and Australia. The inflation rate in the US is 9%, while in Australia it is 7%.

To calculate the expected one-year forward rate, we can use the formula: Forward Rate = Spot Rate × (1 + Inflation Rate Domestic) / (1 + Inflation Rate Foreign). Therefore, the one-year forward rate would be approximately 1.37 × (1 + 0.07) / (1 + 0.09) = 1.33.

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The real risk-free rate is the increment to purchasing power that the lender earns in order to induce him or her to forego current consumption. If you earn 0.5 percent a month in your bank account, this would be the same as earning a 6 percent annual interest rate with annual compounding.

Answers

The answer is true, The statement If you earn 0.5 percent a month in your bank account, this would be the same as earning a 6 percent annual interest rate with annual compounding is true.

What is the simplest way to define a bank?

As a noun, "bank" can refer to a location where people deposit money or to a lengthy mound or slope, such as a riverbank. The verb bounce off is also used with the noun bank. The term bank is extremely common and can be used in both noun and verb forms.

Why is it known as a bank?

The word "bank" derives from the Italian word "banco," which means "a bench," since Italian merchants negotiated agreements to lend and borrow money next to benches during the Renaissance. They positioned the cash on the bench. Since the dawn of time, simple financial records have existed.

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Explain the importance of excellent customer service.

Answers

excellent customer service is very important because if they treat the customers badly then their company’s customers will slowly decrease


what are the unique financial reporting implications of the partnership entity in comparison with the proprietorship and corporate
structures? how does the closing process differ for the partnership?

Answers

The financial reporting of the Partnership firm differs from the  proprietorship and corporate entities as the closing process of partnership involves creation of the realization account, whereas the another entity not required this.

What is financial reporting?

Standard techniques for giving stakeholders an accurate portrayal of a company's finances, including revenues, profits, expenses, cash flow, capital, and official records that provide in-depth insights into financial information, are referred to as financial reporting.

The payment of taxes, fines, and interests has new financial reporting consequences for partnership firms that are distinct from any other sort of business company.

Taxes paid to partners or owners, on the other hand, are accounted for in a transaction with the owners.

Furthermore, the financial reporting implications for a partnership firm differ from those for a sole proprietorship or a corporation, as the partnership business is distinct from the two stated businesses.

The closing process of partnership differs from the another businesses because the closing process of partnership involves the preparation of realization account.

Therefore, the partnership form of business enterprise is differed from the other business.

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The share in the company's profit is called_________.​

Answers

Answer:

profit sharing

Explanation:

From Investopia they define profit sharing as

"A plan gives employees a share in their company's profits based on its quarterly or annual earnings."

The fed's primary tool to change the money supply is?

Answers

The Federal Reserve's primary tool to change the money supply is open market operations, which involve buying and selling government securities to inject or withdraw money from the banking system, thereby influencing the overall money supply.

The Federal Reserve's primary tool to change the money supply is open market operations. Open market operations involve the buying and selling of government securities, such as Treasury bonds, in the open market.

1. The Federal Reserve decides to increase or decrease the money supply.

2. If the Fed wants to increase the money supply, it buys government securities from banks and other financial institutions in the open market.

3. By purchasing these securities, the Fed injects money into the banking system, increasing the reserves held by banks.

4. The increased reserves enable banks to lend more money to businesses and individuals, thereby expanding the money supply.

5. Conversely, if the Fed wants to decrease the money supply, it sells government securities to banks and other financial institutions.

6. Selling securities reduces the reserves of banks, limiting their ability to lend and contracting the money supply.

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Question 13 All else constant, a bond will sell at OA a premium less than OB a premium; equal to OC a discount; less than OD. a discount; higher than OE par less than when the coupon rate is the yield to maturity. 3.33 pts D Question 14 3.33 pts Stephanie is going to contribute $160 on the first of each month, starting today, to her retirement account. Her employer will provide a match of 50 percent. In other words, her employer will add $80 to the amount Stephanie saves. If both Stephanie and her employer continue to do this and she can earn a monthly interest rate of 0.45 percent, how much will she have in her retirement account 35 years from now? OA $336,264.14 OB. $204,286.67 OC. $199,312.04 OD. $268.418.78 OE $299,547.97 DQuestion 15 3.33 pts Consider a $1.000 par value bond with a 10% annual coupon. There are 9 years remaining until maturity. Assume that the required return on the bond is 7%. What is the price of the bond? A $769.64 OB $827.23 OC$1000.00 OD $1195.46 OE $1272.07

Answers

Question 13: A bond will sell at a discount when the coupon rate is less than the yield to maturity. Therefore, the correct answer is OD. a discount; higher than.

Question 14: Using the formula for the future value of an ordinary annuity, Stephanie will have $336,264.14 in her retirement account 35 years from now. Therefore, the correct answer is OA. $336,264.14. Question 15: To calculate the price of the bond, we need to find the present value of its future cash flows (coupon payments and the final principal payment) discounted at the required return rate. Using the formula for the present value of an ordinary annuity, the price of the bond is $827.23. Therefore, the correct answer is OB. $827.23. Question 13: When the coupon rate is less than the yield to maturity, it means that the bond's interest payments are lower than the market's required return on the bond. In such a case, investors are willing to pay less for the bond, resulting in a discounted price. Question 14: To calculate the future value of Stephanie's retirement account, we can use the formula for the future value of an ordinary annuity. She contributes $160 per month, and her employer adds 50% of that amount, resulting in a total monthly contribution of $240. With a monthly interest rate of 0.45%, compounded monthly, and a time period of 35 years (420 months), the future value of her retirement account is $336,264.14. Question 15:To find the price of the bond, we need to discount the future cash flows using the required return rate. The bond has a $1,000 par value, a 10% coupon rate, and 9 years remaining until maturity. With a required return rate of 7%, we can calculate the present value of the bond's cash flows, which results in a price of $827.23.

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when smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force. how would this practice help the company to become a low-cost producer?

Answers

As smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force, this practice would help the company smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force by constructing efficient large-scale facilities.

Smart Electric condensed saw the potential for not only a cost savings, but also an improvement in their operations when they decided to consolidate all their parts factories into one large location.

This move enabled them to increase their research and development, as well as their customer service, while simultaneously decreasing their sales force.

This was accomplished by constructing efficient large-scale facilities that allowed for the production of all their parts under one roof. The cost savings and increased efficiency enabled them to better serve their customers and make better use of their resources.

As a result, Smart Electric has been able to provide its customers with quality products and services, while reducing its overhead costs.

The consolidation of their parts factories into one large location has been instrumental in allowing Smart Electric to succeed.

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Beckenworth had cost of goods sold of $11,121 million, ending inventory of $3,789 million, and average inventory of $2,135 million. Its days' sales in Inventory equals: (Use 365 days a year.) Mariple Cholce 701 doys. 03. 543. 540. 124.4 days

Answers

The correct option is 124.4 days.The days' sales in inventory formula is: Days' Sales in Inventory (DSI) = (Average Inventory / Cost of Goods Sold) * 365 days/year

Given the values given in the question:Cost of Goods Sold = $11,121 millionEnding Inventory = $3,789 millionAverage Inventory = $2,135 millionThe formula for days' sales in inventory can be calculated as:

DSI = (Average Inventory / Cost of Goods Sold) * 365 days/yearDSI = ($2,135 million / $11,121 million) * 365 days/yearDSI = 0.192 * 365 days/yearDSI = 70 daysHence, the answer is 124.4 days.

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The fact that a particular advertisement might not cause a consumer to make an immediate purchase is referred to as:.

Answers

If there is a scenario where an advertisement will not cause a consumer to immediately purchase the good, this is the lagged effect.

What is the lagged effect?

As the term suggests, it refers to an effect of advertising that is not immediately noticed on the consumer.

This means that the consumer might not immediately make a purchase after they see an advertisement, but they will still make a purchase at a later date thanks to that advert they saw remaining in their minds.

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How do companies regulate trade?

Answers

Answer:

Explanation: Protective tariffs, import quotas, trade embargoes, and voluntarily restrained exports are the four primary categories. The protective tariff, which is a levy on imported goods, is the most prevalent kind of trade barrier. Tariffs are used by nations to increase income and shield home sectors against international imports that are more affordable.

What is the principal of a loan repayment?

Answers

When someone borrows money, the lender typically charges interest on the principle, which is the amount owed on the loan. The principle may also be reduced through payments made by the brrower.

Each payment typically includes both interest and a portion of the principle, with more of the payment going towards the interest at the beginning of the loan and more going towards the principle as the loan is paid down.

The principle of a loan repayment is important because it affects the amount of interest charged on the loan, the length of the repayment period, and the total amount of money that the borrower will pay over the life of the loan.

Typically, loans with higher principles will have higher monthly payments and longer repayment periods, while loans with lower principles will have lower payments and shorter repayment periods.

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how many tines in earth does the sun intersect equartor​

Answers

Answer:

два

Explanation:

ESTIMATING COSTS
ACTIVITY 1- Scenario: Margaret has recently opened up her own
Beauty Salon in Abu Dhabi. She has been operating for the last 6
months as a sole trader.
List Margaret's costs for her business below:

Fast plz​

Answers

Answer:

Opening your own hair salon is a milestone for any hairdresser. You may be wanting to open a salon so that you are self-employed. You may also be wanting to provide your own clients with services that align with your vision of what a hairdressing experience should be. However, opening a hairdressing salon is a big responsibility, even if you have previous experience in the hairdressing industry.

One of the most important things you will need to consider when planning to open a hairdressing salon is how to structure your business. Your business structure is the legal framework of your business. It has the potential to reduce your exposure to financial risk and enable flexibility for growth. The wrong business structure for a new business may be costly and may not be suited to your business goals. This article considers four popular business structures and their suitability for hairdressing businesses.

1. Sole Trader

If you are starting a hairdressing salon on your own or are wanting to freelance, you may choose to operate as a sole trader. As a sole trader, you will have full control and autonomy of the running your business. This structure is usually relatively easy and cheap to set up. It also has minimal legal formalities.

To set up as a sole trader, you will need an Australian Business Number (ABN). If you intend to trade under your own name, then you don’t need to register a business name. However, if you plan to operate under a different name, you simply need to register a business name with the Australian Securities and Investments Commission (ASIC).

Although it has an easy setup, this structure does come with risk. If any of your clients sue you or you incur any debts, you will be personally responsible. This means that if you can not repay these debts from the funds of the business, you will have the repay the debt from your own personal finances.

Also, as a sole trader, you have limited resources available to fund the growth of your business. You will need to rely on:

personal savings;

loans; and

business profits.

You cannot raise funds from the general public. Being a sole trader may also not be the most tax-effective decision. This is because a sole trader is liable to the same tax rate applicable to individual taxpayers on income earned. You should check this with an accountant or tax lawyer.

2. Partnership

If you plan to open your hairdressing salon with one or more business partners, you may choose to enter into a partnership. Similar to a sole trader, the setup is simple and has minimal upfront costs. You will require an ABN for the partnership and most partnerships also register a business name.

It is also important for the partners to enter into a partnership agreement. This agreement governs the relationship between partners and sets out key terms, which may describe:

how the business will be managed;

how the profits will be shared;

who will fund the partnership;

how you or your partners can sell your share in the business; and

the process for managing disputes.

However, setting up a partnership also comes with risks. Like a sole trader, if someone sues you or you go into debt, your personal assets and finances will be at risk.

Additionally, partnerships involve joint liability. Therefore, you may be personally liable for business debts owed by any of the other partners. The amount owed is not divided proportionally according to your percentage of ownership in the business, so you could be responsible for paying the entire amount.

Like a sole trader, you cannot raise funds from the general public to fund the growth of your business. You will need to rely on:

the savings of each partner;

loans; or

business profits.

However, unlike a sole trader, you can look to bring on more partners to increase the pool of funds available for the business.

3. Company

Whether you are operating your hairdressing salon on your own or with other business partners, you may decide to operate as a company. A company is a separate legal entity. This means it is capable of suing and being sued. It also holds assets in its own name and can enter into contracts in its own name.

There are two key players involved in the management of a company. These are shareholders and directors. As the founder of your business, you will usually be both a shareholder and a director of the company that you establish. Any other business partners may also take on these roles.

hope it helps

What is the solution to this equation x+15=28

Answers

Answer:

13

Explanation:

Trust me

if a country had a trade surplus of $100 billion and then its exports rose by $40 billion and its imports rose by $30 billion, its net exports would now be

Answers

The net exports would now be $110 billion.

What are net exports?

A country's overall commerce is gauged by its net exports. The calculation of net exports is straightforward: Net exports are calculated as the total value of a country's exports less the total value of its imports of goods and services.

If a country's net exports are positive, it has a trade surplus; if they are negative, it has a trade deficit. Thus, a country's overall trade balance includes its net exports as part of it.

A nation with positive net exports earns more money from the sale of its commodities abroad than it does from all of its imports combined. The total amount of products and services that a nation exports to other countries includes all of its exports of goods, freight, travel, tourism, communication, and other services.

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Select the correct answer.
What does the Electronic Fund Transfer Act do?
O A.
It protects banks from malware and hackers.
O B. It establishes consumer rights relating to electronic banking.
• C.
gives the PCI Security Standards Council the right to monitor banks,
O D.
It defines the illegal activities in which hackers engage.

Answers

Answer:

Explanation:

establishes consumer rights relating to electronic banking.

A conservative financing plan involvesSelect one:a. heavy reliance on debt.b. heavy reliance on equity.c. high degree of financial leverage.d. high degree of combined leverage.

Answers

A conservative financing plan involves heavy reliance on debt. Hence option (a) is the answer.

What is a conservative working capital financing policy?

Conservatism in investing places an emphasis on minimizing risk while maintaining the purchasing power of one's capital. The majority of low-risk securities, including treasuries and other high-quality bonds, money markets, and cash equivalents, will often be given a relatively high allocation in conservative investment plans. To keep the company's assets and obligations in balance and to protect against unforeseen issues, a conservative working capital policy is typically implemented.

Accounting conservatism in investing places an emphasis on minimizing risk while maintaining the purchasing power of one's capital. The majority of low-risk securities, including Treasuries and other high-quality bonds, money markets, and cash equivalents, will often be given a relatively high allocation in conservative investment plans.

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Type the correct answer in the box. Spell all words correctly.
What is a major disadvantage of e-commerce from the point of view of traders?
The major disadvantage is that the traders now face stiff competition from other e-commerce traders, not only at a local level but also ___.

Answers

The complete sentence is  "The major disadvantage is that the traders now face stiff competition from other e-commerce traders, not only at a local level but also at an international level."

What is e-commerce?

Generally, E-commerce, commonly referred to as electronic commerce or internet commerce, is the term used to describe the exchange of money and data for the purpose of doing business through the internet.

An online retailer may do business with consumers, companies, or organizations like the government (B2G). Customers who sell to businesses (C2B), other customers (C2C), or governments may all engage in e-commerce (C2G).

In conclusion, "The key disadvantage is that the dealers now face intense competition from other e-commerce traders, not just at a local level but also at an international one," reads the whole text.

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Sbj’s chris smith writes about institutional multiteam ownership as a closely watched trend in sports finance. Which major sports league is the last holdout for allowing this approach?.

Answers

Finance: CAZ Investments jumps into growing field of institutional ownership, and eyes last holdout league

One of the trends in the market that has received the most attention recently is institutional multiteam ownership. The top leagues in the country have long outlawed the practice, but barriers are starting to break down as a result of the pressing need for cash and soaring franchise prices that have priced out many potential purchasers.

Numerous early participants are testing the waters even though the market is still in its infancy. The Atlanta Hawks, Phoenix Suns, and Sacramento Kings are among the NBA teams in which Dial Capital's Home Court Partners has acquired small percentage stakes after becoming the first fund to get authorization to do so in 2019. Sacramento Kings and Suns. Over $1 billion is being raised by Dynasty, the pro team investment company founded by Jonathan Nelson of Providence Equity Partners and Don Cornwell of PJT Partners. Arctos Sports Partners is currently without a doubt the market leader. The company, led by managing partners Ian Charles and Doc O'Connor, has acquired stakes in more than a dozen teams in the NBA, NHL, MLS, and European soccer; its investments in MLB alone include the Boston Red Sox through a partnership with Fenway Sports Group, the Chicago Cubs, Houston Astros, Los Angeles Dodgers, and San Diego Padres. It announced $3.94 billion in assets under management earlier this year and is currently soliciting money for a second fund with a target size of $1 billion.

In collaboration with Bonaccord Capital Partners, CAZ Investments announces the successful closing of a $485 million private equity ownership fund.

The fund made it possible for the CAZ network of investors to purchase minority holdings in some of the best middle-market private investment managers.

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what is the index that tracks the top 500 u.s. stocks?

Answers

Answer: The S&P 500 Index

Explanation:

if the useful life of an asset is 10 years, a company cannot keep the asset for more than 10 years. this is a violation of generally accepted accounting principles (gaap)

Answers

The statement is incorrect. According to generally accepted accounting principles (GAAP), the useful life of an asset represents an estimate of how long the company expects to use the asset to generate economic benefits.

It is not a strict limitation on how long the company can keep the asset. While it is common for companies to dispose of assets at the end of their useful lives, there can be situations where an asset continues to be used beyond its estimated useful life. In such cases, the company may reassess the useful life and make appropriate adjustments to the financial statements, such as depreciation expense and carrying value of the asset. GAAP allows for flexibility in recognizing the continued use of assets beyond their initial estimated useful life.

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everything else held constant, the interest rate on municipal bonds rises relative to the interest rate on treasury securities when a. municipal bonds become more widely traded. b. income tax rates are lowered. c. income tax rates are raised. d. corporate bonds become riskier.

Answers

Interest rates would increase since the tax-exempt status of municipal bonds would lose some of its appeal and there would be less of a market for them as a result of the lower income tax rates.

When the income tax rate is reduced for municipal bonds, the value of the bonds will also decline because the tax-exempt status for the bonds will also be reduced as a result of the lower income tax rate. Additionally, it lessens the demand for municipal bonds.

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financial reform after the recent economic crisis has been most concerned with which of the following:

Answers

Following the recent financial crisis, which of the following has garnered the greatest attention: Hold Wall Street companies responsible for their behavior.

What is economic crisis?The term "crisis" refers to a time in a system's dynamics when there are numerous challenges, conflicts, or tensions that make it difficult for the system to function normally and that can put tremendous pressure on it to change. According to this definition, "the crisis period represents the stage in which the changes within the system are determined by the actions of a system." Threats become risks during a crisis, and dangers form the cornerstone of what makes a system vulnerable. The term "economic crisis" refers to a situation where a country's economy has a sudden decline in strength, which is typically caused by a financial crisis.

Hence, the recent financial crisis, which of the following has garnered the greatest attention: Hold Wall Street companies responsible for their behavior.

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If consumers feel that the price of ice cream is so low that there must be something wrong and do not buy it then this is an example of

Answers

Answer:ice cream is the best always buy it_-_

Explanation:

Answer:

poor pricing

Explanation:

consumers sometimes fear the quality of a product is poor if the price too low.

https://smallbusiness.chron.com/poor-pricing-affect-success-product-36373.html

Fixed cost=20,000$
Variable cost per unit of production=500$
Number of items sold= 1000
price=800$
a) What is contribution margin and contribution margin ratio and how do you interpret it?

b) What is BEP quantity and $ sold? Explain what do the numbers mean?

Answers

the contribution margin and contribution margin ratio help us analyze the profitability of each unit sold, while the BEP quantity and BEP $ help us understand the sales volume and revenue needed to break even.

a) The contribution margin is the difference between the selling price per unit and the variable cost per unit. In this case, the contribution margin per unit would be $300 ($800 - $500).

The contribution margin ratio is the contribution margin as a percentage of the selling price per unit. In this case, the contribution margin ratio would be 37.5% ($300 divided by $800, multiplied by 100).

Interpreting the contribution margin and contribution margin ratio, we can say that for every unit sold, $300 contributes to covering the fixed costs and generating profit. The contribution margin ratio indicates that 37.5% of the selling price per unit contributes to covering the fixed costs and generating profit.

b) BEP (Break-even point) quantity is the number of units that need to be sold in order to cover all costs and achieve a zero profit.

To calculate the BEP quantity, we can divide the fixed costs by the contribution margin per unit: $20,000 / $300 = 66.67 units. Since we cannot sell a fraction of a unit, the BEP quantity would be rounded up to 67 units.

BEP $ sold is the total amount of revenue that needs to be generated in order to cover all costs and achieve a zero profit.

To calculate the BEP $ sold, we can multiply the BEP quantity by the selling price per unit: 67 units * $800 = $53,600.

The numbers indicate that in order to break even, the company needs to sell 67 units, generating $53,600 in revenue.

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