The manager of a 150-unit apartment complex knows from experience that all units will be occupied if the rent is $1000 per month. A market survey suggests that, on average, one additional unit will remain vacant for each $20 increase in rent. What rent should the manager charge to maximize revenue?.
Answers
The rent that the manager should charge to maximize revenue will be $2,000.
In business, a rent is known as the cost incurred by a business to utilize a property or location for an office, retail space, factory, or storage space.
Initially, to find revenue by coming up we can calculate with an equation below:
Revenue = Price × Revenue
Where, price = 1000 + 20x
Quantity = 150 - x
R(x) = (1000+20x) (150-x)
R(x) = 150000 - 1000x + 3000x - 20x²
R(x) = - 20x² + 2000x + 150000
To maximize the revenue, we calculate the derivative and set it to zero:
R(x) = - 20x² + 2000x + 150000
R(x) = -40x + 2000
-40x + 2000 = 0
40x = 2000
x = 50
After we find the amount of X, thus we determine the rent that the manager should charge to maximize revenue
Price=$1000+20x
Price=$1000+20(50)
Price=$1,000 + 1,000
Price = $2,000
Learn more about the rent at https://brainly.com/question/2254034
#SPJ4
Related Questions
the logistics process of recycling or disposing of returns from customers or from resellers is known as
Answers
The logistics process of recycling or disposing of returns from customers or from resellers is known as reverse logistics.
What is the reverse logistics process?Reverse logistics, as it is commonly known, is the movement of commodities away from their usual final location in order to increase their value or ensure correct disposal. The management and sale of excess inventory or raw materials, as well as the delivery of rented machinery, equipment, and other hardware back to the leasing company, are all included in reverse logistics. Another name for it is returned.
Every e-commerce fulfillment operation needs management to be successful. An order's return procedure is known as reverse logistics. Moving the product back to its place of origin once it leaves the client is known as this process. Reverse logistics, in essence, is the handling or process of an item after the initial sale.
To learn more about reverse logistics, visit:
https://brainly.com/question/15888400
#SPJ4
State the type of skewness for a frequency distribution whose three quartiles are 21, 18 and 20.
Answers
Answer:
Left skew
Explanation:
Given the quartiles of a distribution :
21, 18 and 20
Lower quartile, Q1 = 18
Median, Q2 = 20
Upper quartile, Q3 = 21
Representing the quartiles of the distribution as box plot, we can see that the median, Q2 is much closer to the third quartile, Q3, Than it is to the first quartile, Q1. Hence, we have a left skew or a negatively skewed distribution.
Suppoe that the government regulate the price that a natural monopolit can charge to be equal to the firm' average total cot. Then the firm will
Answers
A natural monopolist can charge to be equal to the firm's average total cost. Then the firm will: average cost pricing rule. The correct answer is false.
A monopoly, as defined by way of Irving Fisher, is a market with the "absence of competition", creating a situation wherein a particular person or employer is the only supplier of a particular factor.
A monopolist refers to a character, institution, or corporation that dominates and controls the marketplace for a particular accuracy or carrier. With this lack of competition and shortage of substitute goods or offerings approach the monopolist wields sufficient power inside the market to rate high expenses.
Learn more about monopolists here:
https://brainly.com/question/7217942
#SPJ4
Stanley Inc. must purchase $6,000,000 worth of service equipment and is weighing the merits of leasing the equipment or purchasing. The company has a zero tax rate due to tax loss carry-forwards, and is considering a 5-year, bank loan to finance the equipment. The loan has an interest rate of 10% and would be amortized over 5 years, with 5 end-of-year payments. Stanley can also lease the equipment for 5 end-of-year payments of $1,790,000 each. How much larger or smaller is the bank loan payment than the lease payment? Note: Subtract the loan payment from the lease payment.
a. $177,169
b. $196,854
c. $207,215
d. $217,576
e. $228,455
Answers
The amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
Bank loan paymentIn order tom determine the bank loan payment we would be using financial calculator find the PMT by inputting the below data
N= Number of years = 5
1/Y= Interest rate= 10%
PV=Present value= -$6,000,000
FV=Face value = 0
PMT=Payment=?
Hence:
PMT=$1,582,784.88
Now let determine the bank loan payment
Bank loan payment=$1,790,000 -$1,582,784.88
Bank loan payment=$207,215
Inconclusion the amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
Learn more about bank loan payment here:https://brainly.com/question/26054995
is the production of a single unique product or specialized service, or a batch or unique products
Answers
The production of a single unique product or specialized service, or a batch of unique products is called custom production or job production.
This type of production is common in industries where the demand for unique or specialized products is high, such as the fashion industry, construction industry, or the service industry.
Custom production allows for the creation of products or services that are tailored to the specific needs and preferences of individual customers. This type of production is typically more expensive and time-consuming than mass production, but it allows for greater flexibility and customization.
To know more about custom production refer to-
brainly.com/question/5358296#
#SPJ11
Which multimedia and interactive elements do you think would best support your viewpoint on the topic you chose for your blog? Write two to four sentences explaining what multimedia and interactivity you will use and why.
Answers
Answer:
I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear
Explanation:
I took the test
Brainiest???
The Use of videos, audios, and images in the blog will not only make it attractive but also make it credible.
Best Way to Write BlogTo write a credible and attractive blog we need to use multimedia such as videos, images, link of credible websites. We can also use other elements which can autocorrect grammer mistakes, can easily provide best charts and graphs.
The use of these elements can give a better outlook to our blog, and also create a sense of trust and credible information.
Learn More about Blog here:
https://brainly.com/question/898474
GIVING 25 POINTS FOR THE CORRECT ANSWERS!!!!
1: The three elements needed in order to make database marketing work are technology, prioritization, and accurate information.
False
True
2:Starting with a clean list is an important step in database marketing
False
True
Answers
Answer:
first one is T the second is F
The systematic collection, compilation, and processing of consumer data is known as database marketing. Database marketing, often known as customer relationship management, is a type of direct marketing. Customers' and potential customers' data is gathered and kept in a database by a business. An organization can better understand and market to its customers as a result of the process of gathering this data, perhaps increasing revenue.
Database marketing is a type of marketing technique that can be used by companies like merchants, technology suppliers, insurance providers, and other services. The companies who have a huge client base will benefit the most from this marketing strategy since they will generate more transaction data, which opens up more opportunities to identify potential customers.
In database marketing, marketers will use the information gathered to better understand customers, choose target markets for certain marketing campaigns (through customer segmentation), assess how valuable clients are to the business, and give customers more specialized options. Customers' names, addresses, emails, phone numbers, purchase histories, job titles, website cookies, and even help requests are among the data that may be collected.
Data is first gathered from a variety of sources in database marketing. Tracking is possible for names, addresses, emails, phone numbers, purchase histories, and other information. The information can be gathered through a variety of techniques, such as tracking user cookies, purchase histories, newsletter subscriptions, or anything else that calls for the completion of forms, such entry forms for contests, offers of free samples of goods, product warranty cards, and so forth. Additional client records may be created as a result of leads generated by the marketing and sales teams. Although different nations may have varying rules surrounding what types of data can be bought and sold, prospect data can also be purchased from third parties.
To learn more about database marketing, click here
https://brainly.com/question/13069513
#SPJ2
what is the primary source of fuel in south america
Answers
Why does the US import oil?
A.because it has exported too much oil
B.because it does not produce any oil
C.because it does not produce enough oil
D.because it has exported too little oil
Answers
Answer:
C. because it does not produce enough oil.
Explanation:
Although, the United States is one of the leading producers of oil, yet still import oil because it does not produce enough oil to meet the demand of its citizens. In other words, the United States consumes more than what she can produce.
Another reason is that most refineries in the United State are created basically for heavy crude whereas most of what she produce are light crude oil. The United States import the oil she is able to process while she export to other countries to complete the setup process.
The remedy to the above situation is when new refineries are built which are somewhat expensive or the existing refineries are upgraded to meet with the demand.
Answer:
D. Because it does not produce enough oil.
edg 2020.
what statement best illustrates an example of economic specialist
Answers
Opponents claim that capping the carbon emissions that companies are allowed to release puts certain companies—such as manufacturing firms—at a disadvantage. To solve this problem, businesses in the European Union can ______ .
exceed the limit and pay a small fine
trade certain goods to the government to receive additional permits
relocate the areas without a cap-and-trade programs
buy carbon permits from companies that do not use them
receive government permission to exceed the limit
Answers
To solve the problem of capping the carbon emissions that companies are allowed to release, businesses in the European Union can
B. trade certain goods to the government to receive additional permits.
How does trading goods with government for additional permits work?
In the European Union, companies are subject to carbon emissions caps as part of efforts to reduce greenhouse gas emissions and combat climate change. The cap-and-trade system, also known as the European Union Emissions Trading System (EU ETS), allows companies to buy and sell permits that represent the right to emit a certain amount of greenhouse gases.
Option B suggests that companies can trade certain goods to the government in exchange for additional permits. This is known as emissions trading, where companies that have surplus permits can sell them to companies that exceed their emissions caps. This allows companies that are unable to meet their emissions targets to purchase additional permits to offset their emissions and avoid fines for exceeding the caps. This system provides flexibility for companies to manage their emissions while incentivizing emission reductions.
Options A, C, D, and E are not accurate solutions as they either involve exceeding the emissions cap and paying fines (option A), relocating to areas without cap-and-trade programs (option C), buying carbon permits from companies that do not use them (option D), or receiving government permission to exceed the limit (option E), which may not be in compliance with the cap-and-trade regulations and may not promote emission reduction efforts. Option B, on the other hand, aligns with the cap-and-trade system in the European Union and provides a mechanism for companies to comply with emissions caps while managing their emissions.
To know more about emissions trading visit:
https://brainly.com/question/14143227
#SPJ11
A local butcher and a worker at a cereal factory both work in what Agriculture, Food, and Natural Resource pathway?
Agribusiness Systems
Food Products & Processing Systems Animal Systems
Natural Resources Systems
Answers
The Food Products & Processing Systems is the department in Agriculture, Food, and Natural Resource where the local butcher and a worker at the cereal factory.
The food products $ processing systems is a department in the Food, and Natural Resource
The department is responsible for tasks including:
Bulk food production Development of ways to process, package or store food etcIn conclusion, the Food Products & Processing Systems is the pathway in Agriculture, Food, and Natural Resource where the local butcher and a worker at the cereal factory.
Read more about Food Products & Processing Systems
brainly.com/question/24730493
Hasty Manufacturing orders 86,000 annually. They order 6 times a year. They hold 6,468 units in safety stock. The minimum number of units Hasty Manufacturing holds throughout the year is:__________
Answers
Answer:
6,468 units
Explanation:
Based on the information given we were told that the Manufacturing company orders 86,000 per year which they order 6 times a year which means that if the manufacturing company HOLD 6,468 units in safety stock. The MINIMUM number of units the Manufacturing company will HOLDS throughout the year is:6,468 units which was HOLD in Safety stock.
From your personal experience, what makes you decide whether or not to follow a specific influencer? If you don't use social media, what influences whether or not you'll buy something from a specific brand?
Answers
The kind of activities supported by a specific influencer makes you decide whether or not to follow specific influencer.
If you don't use social media, the mouth publicity of the goods will help you to determine whether or not you'll buy something from a specific brand.
What is social media?Social media is referred to as a platform where interaction between poeple, organizations, as well as commodities took place. It is primarily used for communication, but with the advancement of technology, it is also started used for Business promotions as well.
Social media is widely used for sharing information about each other, public events, rising issues, and soon. The encouraging trade for business promotions using social media influencer is increased widely.
These social media influencer have huge followers who admired their idols. These influencer promotes some goods which influnece the public and persuade them to buy.
In order to determine which good is appropriate and which is to Buy one must to check what kind of product is supported by the influencer and its impact on the general population in terms of Ethics and well being.
Learn more about social media, here:
https://brainly.com/question/21901194
#SPJ2
List three things that you can do to ensure that you have set healthy boundaries between yourself and others at work.
Answers
Answer:
Limited negativity, Laughs, and non-heated arguments
Explanation: you need some negativity it gets boring when someone just constantly agrees with you, and you need arguments to see the other person field of view however they should be calm and well-thought out and not aggressive.
Information related to Harwick Co. is presented below.
A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
1. On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Botham Company in full.
E5-2 General Journal
Date Account Titles Debit Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4
Answers
Answer:
A.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
Cr Cash $19,600
Cr Merchandise inventory $400
B. Dr Accounts payable $20,000
Cr Cash $20,000
Explanation:
A. Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
($23,000-$3,000)
Cr Cash $19,600
[$20,000*(100%-2%)]
Cr Merchandise inventory $400
($20,000-$19,600)
B. Preparation of the journal entry to record this payment Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15.
May 4
Dr Accounts payable $20,000
Cr Cash $20,000
($23,000-$3,000)
The Harris Company purchased equipment for $15,000 on December 1. It is estimated that annual depreciation on the computer will be $3,000. If financial statements are to be prepared on December 31, the company should make the following adjusting entry
Answers
The entry will include Depreciation Expenses for $1,750 and Accumulated Depreciation for $1,750
Here, we are to first calculate the Depreciation expenses while observing that the date runs for 1 month (From December 2 - December 31).
The depreciation expense will equals Annual depreciation of computer * 1/12
Depreciation expense = $3,000 * 1/12
Depreciation expense = $250
The adjusting entry will entails:
Date Account titles and explanation Debit Credit
31 Dec Depreciation expenses $250
Accumulated depreciation $250
(Entry to record depreciation expenses)
Learn more about from related question here
brainly.com/question/5185201
statutory protection for a person supplying building materials or labor for improvements to real property is provided by: select one: a. the right of redemption. b. estoppel. c. a mechanic's lien. d. rescission.
Answers
Statutory protection for a person supplying building materials or labor for improvements to real property is provided by a mechanic's lien. Option C.
This is further explained below.
What is a mechanics lien?Generally, A mechanics lien is a "hold" on your property that is filed with the office of the local recorder by an underpaid contractor, subcontractor, worker, or material supplier.
The lien is then registered with the office of the county recorder. In the event that it is not paid, it authorizes a foreclosure proceeding, which compels the sale of the property in lieu of payment.
In conclusion, A mechanic's lien is a legal document that offers protection to a person who has supplied construction goods or labor for the purpose of making improvements to real property. Alternative C
Read more about mechanics lien
https://brainly.com/question/14607171
#SPJ1
A meeting leader may occasionally want to find out beforehand if
participants have any agenda items they may want to cover.
A. True
B. False
Answers
This is true that a meeting leader may occasionally want to find out beforehand if participants have any agenda items they may want to cover.
The employee who is in charge of organizing, managing, and inviting attendees to a meeting is known as the meeting leader. He or she is the worker in control of and accountable for the meeting's real progress. Because they effectively create the tone and momentum for attaining the objectives set by the organization, meeting leaders are important to you.
Decision-making, problem-solving, and ensuring that daily operations and processes are in line are the main objectives of the meeting leader. A place to get together, connect, and establish rapport as a leadership team is during team meetings.
To know more about leader refer to:
https://brainly.com/question/14375169
#SPJ4
Supply-side policies have proven that smaller government makes the economy more efficient. Select one: True False
Answers
Answer:
The given statement is "False".
Explanation:
Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake. Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.find the sum of 2x kg and 5x g. Give the answer in grammes.
Answers
Answer: 3,600 g
Explanation:
When using scrum, the team repeats project processes in a timebox. what agile term does this approach represent?
Answers
When using scrum, the team repeats project processes in a timebox, this approach represents the agile term iteration.
Setting and limiting the time allotted to a certain task is the aim of timeboxing. Each of the five events in Scrum requires the use of timeboxing. During a sprint, some Scrum teams will additionally employ timeboxing to specifically designate open-ended tasks. In agile development, an iteration is a set period of time for work to be done. The period may change, often ranging from one to four weeks, and is typically fixed for the life of a certain project.
Iteration is the fundamental building block of agile development. Agile teams produce functional, tested software and systems throughout each iteration, which is a standardized, fixed-length timebox. Iterations in SAFe are generally one or two weeks long, with two being the most frequent.
Learn to know more about iteration on
https://brainly.com/question/26701667
#SPJ4
i need help answering theses
Answers
Answer:
I don't know what to be my adopted father and son are you kidding me I don't know what to say to be my adopted father and son are you kidding me
functions of Okhal best answer will be chosen as brainnest
Answers
Answer:
The cerebellum receives information from the sensory systems, the spinal cord, and other parts of the brain and then regulates motor movements. The cerebellum coordinates voluntary movements such as posture, balance, coordination, and speech, resulting in smooth and balanced muscular activity.
Explanation:
thanks me later po
Answer:
the function of are as given below:
it is long lasting
smooth and easy to use
helps to grind different species
Explanation:
mark as a brainlist if it is correct
Does the Federal Reserve pay taxes?
Answers
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
What line will you type an email address on if you want a person's email to remain
private ?
A) Subject
B) осс
C) Blind Carbon Copy
D) Signature
Answers
Answer:
for a persons email to remain private the line you will use is Blind Carbon Copy (BCC)
PLEASE HELP
1. What is the name of the company? (1.0 points)
2. Is this mainly a product-based or service-based business? (1-2 sentences. 2.0 points)
3. What products or services is the company best known for? (2-3 sentences. 2.0 points)
3. Where does this company sell its products or services? (2-4 sentences. 2.5 points)
4. Describe at least two of this company's competitors. (2-4 sentences. 2.5 points)
5. How did the entrepreneur make the business different from other companies, especially its competitors? Describe at least one way. (2-4 sentences. 2.5 points)
6. What things has the entrepreneur or company done to help the community? Describe at least one example of this. (2-4 sentences. 2.5 points)
7. Why do you think this company became successful? Describe at least one reason. (2-4 sentences. 5.0 points)
8. What challenges has the company faced? Describe at least one challenge. (2-4 sentences. 5.0 points)
Answers
Based on the information given, the company that's chosen is Tesla and it's a product-based company.
What is Tesla?The company is known for producing electric cars. It's different from its competitors as it produces electric vehicles and uses better softwares.
The company sells its cars worldwide. The competitors include Volkswagen and Toyota. Tesla has helped the environment as it accelerates the transition to sustainable energy
Lastly, the main challenge faced by the company is rising material costs.
Learn more about Tesla on:
https://brainly.com/question/6528766
who of the following is a covered person under the medical payments coverage of the pap?a.the named insured if struck by an auto while walking across the streetb.a pedestrian struck by the named insured's autoc.the named insured while she is operating her car as a taxid.a carjacker who is injured in an accident after stealing the insured's car
Answers
Medical payments coverage of the personal auto policy (PAP) provides coverage for reasonable medical expenses incurred as a result of an auto accident.
Among the parties who are covered under this coverage are the named insured and any family members who are injured in an accident, passengers in the insured's car, and pedestrians who are struck by the insured's car. In the given options, the correct answer is (b) a pedestrian struck by the named insured's auto. This is because the coverage extends to any pedestrian who is struck by the insured's car, regardless of who is at fault. Option (a) is incorrect because the named insured is not considered a pedestrian under this coverage. Option (c) is also incorrect because taxi services are excluded from this coverage. Option (d) is incorrect because the carjacker is not a covered person under the PAP.
To Learn more about personal auto policy (PAP). Click this!
brainly.com/question/30167555
#SPJ11
Sold goods whose list price is 5000 to rakesh at 6% trade discount and 1% cash discount he paid 60% price in cash jornal entry
Answers
The journal entry will be:
Debit: Accounts Receivable 2766
Credit: Sales 5000
Debit: Discounts Allowed 317
Credit: Trade Discount Allowed 300
Credit: Cash Discount Allowed 17
How to depict the journal entry?To record the sale of goods to Rakesh at a trade discount and cash discount, you would make a journal entry to debit Accounts Receivable (for the amount Rakesh will pay on credit) and credit Sales (for the revenue from the sale). The entry would also need to include any applicable discounts.
The trade discount is calculated by multiplying the list price of the goods by the trade discount percentage (6% in this case), so the trade discount would be:
5000 x 6% = 300
The cash discount is calculated by multiplying the list price minus the trade discount by the cash discount percentage (1% in this case), so the cash discount would be:
(5000 - 300) x 1% = 17
The total discounts is trade discount + cash discount
300 + 17 = 317
The amount Rakesh paid in cash would be calculated by multiplying the list price minus the discounts by the percentage he paid in cash (60% in this case), so:
(5000 - 317) x 60% = 2766
Learn more about Journal entry on:
https://brainly.com/question/14279491
#SPJ1
which of the following is not a possible and appropriate response by shareholders dissatisfied with existing firm management of a publicly traded firm? a) shareholders could sell their shares of stock. b) shareholders could remain quietly disgruntled. c) shareholders, perhaps with the help of others, could attempt to initiate a takeover. d) all of these responses may be possible and appropriate. group of answer choices a b c d
Answers
The answer clearly is letter d) All of these responses may be possible and appropriate. When shareholders are dissatisfied with existing firm management of a publicly traded firm, shareholders can sell, remain quiet, and/or attempt to takeover.
Those are the rights of the shareholders once they buy stocks to a publicly traded firm. Selling their shares of stock is appropriate and not a problem in the industry.
Shareholders could remain quietly disgruntled, too. Shareholders are also human beings who have emotions. Perhaps with the help of others, shareholders could definitely attempt to initiate a takeover if and only if the shareholders have large sum of investment in the company.
Foreign stock markets are frequently characterized by controlling shareholders for the individual publicly traded firms. Learn how to identify typical controlling shareholders here: https://brainly.com/question/14653285
#SPJ4