7. Price discrimination and welfare Suppose Barefeet is a monopolist that produces and sells Ooh boots, an amazingly trendy brand with no close substitutes. The following graph shows the market demand and marginal revenue (MR) curves Barefeet faces, as well as its marginal cost (MC), hich is constant at $40 per pair of Ooh boots. For simplicity, assume that fixed costs are equal to zero; this, combined with the fact that Barefeet's marginal cost is constant, means that its marginal cost curve is also equal to the average total cost (ATC) curve. First, suppose that Barefeet cannot price discriminate. That is, it must charge each consumer the same price for Ooh boots regardless of the consumer's willingness and ability to pay. On the following graph, use the black point (plus symbol) to indicate the profit-maximizing price and quantity. Next, use the purple points (diamond symbol) to shade the profit, the green points (triangle symbol) to shade the consumer surplus, and the black points (plus symbol) to shade the deadweight loss in this market without price discrimination. (Note: If you decide that consumer surplus, profit, or deadweight loss equals zero, indicate this by leaving that element in its original position on the palette.)

Answers

Answer 1

What is Price discrimination?

A selling tactic known as price discrimination involves charging clients various rates for the same good or service depending on what the vendor believes they can persuade the customer to accept. When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. In more prevalent types of price discrimination, the supplier divides clients into groups based on particular characteristics and assesses a different price for each group.

When a seller discriminates on pricing, each consumer pays a different price for the same good or service. The business imposes first-degree discrimination by charging the highest price attainable for each consumed unit. Discounts for goods or services purchased in bulk constitute second-degree discrimination, whereas varying rates for various consumer groups constitute third-degree discrimination.

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7. Price Discrimination And Welfare Suppose Barefeet Is A Monopolist That Produces And Sells Ooh Boots,
7. Price Discrimination And Welfare Suppose Barefeet Is A Monopolist That Produces And Sells Ooh Boots,

Related Questions

Why is it better to use a credit card than a debit card for online purchases?

Answers

The majority of today's best credit cards provide zero fraud exposure on unauthorized payments, meaning that if a charge is found to be fraudulent, you won't be responsible for paying anything.

Why shouldn't you use your debit card for online purchases?

When compared to debit, money orders, or checks, credit card transactions are often easier to track online. These cards frequently include some coverage for unauthorised purchases, which can be quite beneficial to cardholders if their credit card information is ever compromised.

Credit cards provide you access to a bank's line of credit, as opposed to debit cards, which take money directly out of your bank account. Credit cards provide users more fraud protection than debit cards linked to a bank account. Avoid using your bank card when you are purchasing online. If there are issues with a purchase or the card number is compromised, a debit card that is linked directly to a checking account puts "you at potential risk.

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the following information is available for henderson components for the year just ended. sales price $ 27 fixed costs (for the year) selling and administrative 450,000 production 675,000 variable cost (per unit) materials 8 labor 4 plant supervision 1 selling and administrative 5 number of units (for the quarter) 225,000 units required: select the answer for each of the following costs. a. variable cost per unit. b. variable production cost per unit. c. full cost per unit. d. full absorption cost per unit. e. prime cost per unit. f. conversion cost per unit. g. contribution margin per unit. h. gross margin per unit.

Answers

The answers to all calculations are as follows-  a. $74 b. $55 c. $79 d. $58 e. $40 f. $36 g. $21 h. $37.

What examples exist of fixed costs?

Salaries, energy costs, insurance, rent and lease charges, and loan repayments are a few examples of fixed costs. Some taxes, such as those requiring company permits, are also fixed expenditures. Given that fixed expenditures must be incurred regardless of sales volume, adding them to your small business should be done with caution.

How do fixed and variable costs differ?

Depending on how much is produced, variable costs change. Labor, commissions, and raw materials are examples of variable expenses. Regardless of production output, fixed costs stay the same. Payments for insurance, rent or lease, and interest are examples of fixed costs.

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how much do you need to invest every month to reach a savings goal of $600,000 at the end of 20 years, if you invest in an annuity that pays 3% interest, compounded monthly? enter your answer rounded to the nearest dollar.\

Answers

$3,319.29, Simply calculating the account amount by the interest rate multiplied by the time period the money is in the account yields the simple interest rate.

How do I calculate savings interest?

It is important to note that interest in a savings account is money earned rather than money paid. The simple interest formula is as follows: P x R x T = Interest.

For example, if you owe $500 on your credit card each month and your current APR is 17.99%, you may determine your monthly interest rate by dividing 17.99% by 12, which is 1.49%. Then increase $500 by 0.0149 to get $7.45 each month.

Interval Between WithdrawalsMonthly

Starting Principal$600,000.00

Annual Growth Rate3.00%

Length of Annuity20.00 years

You could withdraw:

$3,319.29

(monthly)

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Answer: 1828

Explanation:

If tax revenue is $230 billion and the government's outlays are $235 billion, then the budget surplus is $230 billion and the budget deficit is $235 billion. deficit is $5 billion and government debt will remain the same. surplus is $5 billion and government debt will increase by $5 billion. deficit is $5 billion and government debt will decrease by $5 billion. deficit is $5 billion and government debt will increase by $5 billion.

Answers

If tax revenue is $230 billion and the government outlays are $235 billion, then the budget deficit is $5 billion and the government debt will increase by $5 billion.

What is a budget deficit?

An overrun in spending over income results in a budget deficit, which can be a sign of a nation's financial stability. The phrase is frequently used to describe government spending rather than that of companies or people. Budget deficits have an impact on the total amount a nation owes to creditors, the total of its annual budget deficits, and the national debt. Budget deficits may result from specific unforeseen circumstances and initiatives. Tax increases and spending reductions are two ways that nations might deal with budget problems. Current expenses surpass the amount of income obtained through routine operations when a budget deficit is detected. A government may boost revenue-generating activities or reduce specific expenditures in order to balance the country's budget deficit, also known as a fiscal deficit.

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which of the following is not a method of collecting quality voc (voice of the customer) data? select one: a. forums b. beta testing c. pareto charts d. focus groups

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which of the following is not a method of collecting quality voc (voice of the customer) data a. forums

In the realms of sales, commerce, and economics, a client is a person who purchases something from a seller, vendor, or provider in exchange for money or another advantageous consideration. Customers are sometimes referred to as clients, buyers, and purchasers. Early communities relied on a favor-based gift economy. Later, as commerce grew, relationships between people grew brittle and more dependent on momentary necessities than on abiding social desires. Clients are those who receive individualized advice and responses, whereas customers are frequently thought of as those who make purchases of goods and services. [3] Organizations like law firms, film studios, and healthcare services typically desire clients, but corporations like supermarkets, banks, and other financial institutions typically desire consumers.

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For empowerment to succeed, managers should (LO 9.3, LO 9.4) ensure that a team shares information only after it receives approval. ensure that communication flows top down from senior management. hold frequent meetings to constantly supervise the progress of the team. help their teams ensure that communication flows in both directions.

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Training dollars per employee is a business indicator of the success of an HR department's training programs.

What are the indicators that there is a need for training in an organization?A company's cash flow statement includes a component called cash flow from financing operations that details the net cash flows utilised to fund the business. Transactions involving debt, stock, and dividends are considered financing activities. Because dividends do not appear on the income statement, they are not included in the operating activities section. Because they pertain to the equity portion of the balance sheet and cash flows from changes in equity are disclosed in this section, they are reported under financing activities. Cash outflow is the payment of vendors in cash for products and services. Payments and receipts reflected in the profit & loss account are translated into actual payments and receipts for the purposes of calculating cash flow from operational operations.

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in the list of utilities compiled by intel, what are three utilities that can monitor the temperatures of components?

Answers

The three utilities that can monitor the temperature of components by intel are HWMonitor ,  Open HWMonitor , Speccy

Option A , B , C are correct .

HWMonitor :

HWMonitor is a program for monitoring hardware that reads the primary health sensors on PC systems: temperatures, speeds of the fans, and voltages. Modern CPU on-die core thermal sensors, S.M.A.R.T. hard drive temperatures, and GPU video card temperatures are all read by the program.

Open HWMonitor :

The temperature sensors, fan speeds, voltages, load, and clock speeds of a computer are all monitored by the free open-source application Open Hardware Monitor. It works with the majority of motherboard-based hardware monitoring chips.

Speccy :

Speccy provides comprehensive statistics on each component of your computer's hardware. The CPU, motherboard, RAM, graphics cards, hard drives, optical drives, and audio support are all included in these figures. Additionally, the temperatures of the various components are added by Speccy.

Intel Processor Identification Utility: What is It?

Free software called the Intel Processor Identification Utility can determine your processor's specifications. It shows information about the processor's supported technologies, graphics, and chipset, among other things. Automatic software updates are supported in this version of the application.

Question is incomplete,missing part is given below :

In the list of utilities compiled by intel, what are three utilities that can monitor the temperatures of components?

A.HWMonitor

B. Open HWMonitor

C. Speccy

D. Windows Memory Diagnostic

E. Burn In Test

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the line that relates the price of a good and the quantity demanded of that good is called the demand

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curve. A graph illustrating the relationship between a good's price and the amount required of it is called a demand curve. The curve has a downward sloping left to right slope.

The curve slopes from left to right in a downward direction, showing that as a good's price rises, demand for it declines. On the other hand, as the price drops, the quantity demanded rises. In order to comprehend customer behaviour and make wise judgements regarding pricing, manufacturing, and marketing tactics, economists and businesses employ the demand curve. The demand curve is a crucial instrument in microeconomics that aids in illuminating the ideas of supply, demand, and market equilibrium. Businesses may enhance their pricing strategies and increase their competitiveness in the market by having a better understanding of the demand curve.

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which of the following is an advantage of a partnership? select one: a. ease of starting and ending the business b. unlimited liability c. shared management and pooled skills d. little time commitment

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Shared management and pooled skills is an advantage of a partnership.

A partnership is a formal agreement between two or more people to manage and run a business and share profits. There are various forms of partnership agreements.

In a partnership business, for example, all partners share responsibilities and earnings equally, whereas in others, partners may have restricted liability. There is also the "silent partner," who is not involved in the day-to-day operations of the firm.

By allowing the partners to pool their labor and resources, a good partnership can help a business develop. Most single proprietors lack the time and resources required to manage a successful firm on their own, and the starting stage can be the most time-consuming.

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on july 1, shady creek resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each june 30 of $37,258. what is the journal entry to record the first annual payment? multiple choice debit interest expense $37,258; credit cash $37,258. debit cash $250,000; debit interest expense $37,258; credit notes payable $287,258. debit interest expense $20,000; debit interest payable $17,258; credit cash $37,258. debit interest expense $20,000; credit cash $20,000. debit interest expense $20,000; debit notes payable $17,258; credit cash $37,258.

Answers

The journal entry to record the first annual payment is debit cash $250,000; debit interest expense $37,258; credit notes payable $287,258.

A journal entry is what?

An entry in your journal serves as a record of a transaction in your company's books. For every transaction, at least two journal entries must be made in double-entry bookkeeping. A bookkeeper records all of the changes that a transaction can bring about in a firm because they can be rather numerous.

What exactly is a basic journal entry?

A straightforward journal entry is one in which just one account is debited and one is credited. Simple journal entries are recommended as a best practice because they are simpler to comprehend.

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The O'Neill Shoe Manufacturing Company will produce a special-style shoe if the order size is large enough to provide a reasonable profit. For each special-style order, the company incurs a fixed cost of $1000 for the production setup. The variable cost is $20 per pair, and each pair sells for $40.

Answers

If the order size is sufficient for the O'Neill Shoe Manufacturing Company to make a respectable profit, the company will construct a special-style shoe.

How would you define manufacturing?

Making goods by hand or machine that will afterwards be sold to clients is referred to as manufacturing. It's possible to produce a product using the raw ingredients or component pieces. Typically, manufacturing is done on a lengthy production line with tools and skilled labour. A manufacturing example is what? Making new products out of parts or raw materials is the process of manufacturing. Manufacturing includes enterprises like bakeries, tailors, shoemakers, and auto manufacturers because they all create products rather than offering services.

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Country Z is a traditional country with long standing customs and rituals. If a boss tells a subordinate what to do without explanation, most people in this country would accept the boss’ authority. Which is the following is likely to be true?
Country Z is individualistic
Country Z is high on power distance
Country z is low on power distance
Country z is high on uncertainty avoidance
Country z is low on uncertainty avoidance

Answers

Country Z is high on power distance. Hence, option B is correct.

A Low Power Distance culture prioritizes treating everyone equally, whereas a High Power Distance culture encourages showing considerable reverence to a person in authority. The underpinning of societal order is inequality in High Power Distance cultures.

High power distance countries are distinguished from other countries by: High organizational structure: Organizations in high PDI nations are hierarchical and strictly controlled. Additionally, low-ranking individuals are not permitted to confront superiors in these nations.

Belgian, French, Malaysian, and Arab cultures are a few examples of high-power distance cultures. Organizations with a lower power distance are flat. Employees and managers are regarded as nearly equals. The Netherlands, the UK, the USA, Germany, and the Nordic nations are a few examples of low power distance cultures.

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why isn’t full employment the same as zero unemployment?

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The full employment isn't same as zero unemployment due to the fact that there are several forms of unemployment, some of which are inevitable or even necessary for a healthy labour market, full employment is not the same as zero unemployment.

There are various sorts of unemployment, some of which cannot be avoided or even eliminated, hence full employment is not the same as zero unemployment required for a thriving labour market. Jobs are constantly being produced and destroyed as industries change, and the transition from one employment to another is not smooth.

For instance, frictional unemployment develops when workers leave their jobs or get fired and often do not take the first new position that comes their way.

The majority of people take the time to choose a job that is a good fit for their skills, unless they are under intense pressure to make up for missed revenue. Due to this lag, a portion of the workforce is perpetually looking for work and is labelled as unemployed.

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What is the level of measurement for each of the following variables? a. Student IQ ratings.b. Distance students travel to class.c.The jersey numbers of a sorority soccer team. d. A classification of students by state of birth. e. A summary of students by academic class—that is, freshman, sophomore, junior, and senior. Number of hours students study per week

Answers

Statisticians frequently use the term "levels of measurement" to differentiate between measured variables with differing attributes. Nominal, ordinal, interval and ratio are the four basic levels.

Because this variable is quantitative data, the degree of measurement for it is RATIO. Variables in an experimental investigation are normally of three types: independent variables, dependent variables, and controlled variables. A variable can be measured at one of four levels: nominal, ordinal, interval, or ratio. (Interval and Ratio measurement levels are sometimes known as Continuous and Scale). Ordinal data includes intelligence quotient scores, nausea and vomiting scores, levels of delirium, and many more metrics.

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which of the following activites describes the new product development process known as concept testing

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A critical phase in the creation of a new product or service is concept testing. It occurs early in the process and aids in identifying important perceptions, user needs, and user wants related to the good or service

What is concept testing?

Concept testing is the process of evaluating whether a new product will appeal to a select set of target customers by putting it to the test with them. Many businesses rigorously test prospective new product concepts with consumers before turning them into real new things.

Benefits of concept testing

Customers alone can tell whether a business idea will prosper or fail. Because of this, it's essential to test your concepts and ideas before introducing them to your target audience. Concept testing will provide you with information that will assist you in launching successful goods.

You can also gain comprehensive insights into the various facets of your idea by doing concept testing. You can inquire about a particular feature, the style and feel, the cost, and more. Thus, before releasing the product, you may ensure the accuracy of every aspect.

Surveys are used by businesses and organisations to test concepts, making it easy for brands of all sizes to use.

Concept testing is easily achieved with the help of a research platform. Here are the four primary methods of concept testing:

Comparison testingMonadic testingSequential monadic testingProto-monadic testing

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assume that the inflation rate is 10% and a bank account effectively yields a real rate of interest of negative 5% per year. would a person be better off keeping money in the bank account or in cash?

Answers

A person would be better off keeping money in cash rather than in a bank account.

The real rate of interest on a bank account is negative 5%, meaning that even though the nominal interest rate may be positive, the actual purchasing power of the money in the account is decreasing due to inflation at a rate of 10%.

In contrast, cash maintains its purchasing power and does not lose value over time. Therefore, it would be more beneficial for a person to keep their money in cash rather than in a bank account, as he can get more benefits by keep their money in cash rather than in a bank account.

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What would Chester Corporation's market capitalization be if the current price rose 10%?
Select: 1
$87.1 million
$73.7 million
$95.8 million
$67.0 million

Answers

The total value of all a company's stock shares is referred to as its market capitalisation, or market cap.

What is meant by market capitalization?

Market capitalization is calculated by multiplying the stock price at the moment by the number of outstanding shares.

We can use another question as an example as we do not have access to the entire number of shares in circulation or the stock price at the time of writing.

There were 3,225,987 shares outstanding overall and the stock price was $20.76 in the other query. Therefore, the market capitalization at the moment is $3,225,987 multiplied by $20.76, which equals $66,971,490.

In the event that the share price rises by 10% (to $22.836), Chester's market cap will be equal to 3,225,987 x $22.836, which is $73,668,639, or $73.7 million.

To figure out the market cap in your query, just follow the example.

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a seller listed his home for six months on february 26. on april 29, a buyer made an offer on the property. the listing broker presented the offer to the seller on april 30. the seller accepted the offer on may 1, with the closing to occur on june 15. assuming the closing took place on june 15, when did the listing expire?

Answers

Based on the information provided, we are aware that the listing will expire on June 15.

What is listing?

A real estate listing enables sellers to advertise that their home is available for purchase on the market.

The details you see on the listing are based on the terms of the real estate listing that the owner and the agent authorized to handle the sale of the property have agreed upon.

Although we frequently mistake a listing for an advertisement for a property that is up for sale or rent, a listing actually refers to the marketing agreement between a principal and an agent.

So, according to the given information, we know that the listing will expire on 15 June.

Therefore, based on the information provided, we are aware that the listing will expire on June 15.

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under the contract from fleming to donaldson, how long does donaldson have to obtain financing approval?

Answers

B) 20 days

Some methods to obtain financing approval are:

Describe and examine key persons and their needs.

Never presume to know what someone else needs! In order to gather knowledge of the organizational climate, business-IT strategy, approval procedure, and investment assessment variables, your first step should be to quickly identify and contact key influencers.

Study the approval process, Business- IT strategy, and organizational climate.

Organizations adjust dynamically and quickly as the environment around them changes in order to produce superior results in business sectors with high growth rates. By achieving higher levels of functional excellence, they are continually seeking to increase efficiency and effectiveness.

Examine the business need, potential solutions, and synergies. Organizational Need & Alternatives: Your business analysis abilities will be useful in this situation. Work with the company to thoroughly grasp its needs and goals.

Offer a review to clarify the problem even if it takes extra time if the business necessity is unclear.

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Under the contract from Fleming to Donaldson, how long does Donaldson have to obtain financing approval? A) 21 days B) 20 days C) 3 days D) 7 days

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ou live in a city where the east-west streets are named using letter of the alphabet and the north-south avenues are named using numbers. the streets and avenues are arranged in grids the streets are perpendicular to the avenues. you live on f street a half mile east of 2nd avenue. your friend lives on the same street. both of you decide to meet at the neighborhood market at the end of 2nd avenue directly north of f street. if both of you are able to walk diagonally from your respective houses to the market, and both of you leave your houses at the same time and walk at the same pace, who will get to the market first?

Answers

Let's see that between the three points you can draw an equilateral triangle since the distance between you and your friend from the second avenue is the same and the streets are perpendicular to each other (besides that they form a grid). Since both must travel the same distance and neither is supposed to be faster than the other. Your friend and you will arrive at the market at the same time.

What would you say is a market?

In order to expedite the exchange or transaction of products and services, buyers and sellers can come together in a market. A market may be actual, like a real store, or it may be virtual, like an online retailer. Financial markets, auction markets, and criminal markets are other examples.

What is market definition crucial?

A framework for competition analysis is provided by market definition. In order to compute market shares, for instance, the market must first be defined, and in order to take into account the possibility of new entrance, the market that might be targeted must be identified.

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which inventory costing method does not require the use of the lower-of-cost-or-net realizable value method?

Answers

FIFO inventory costing method does not require the use of the lower-of-cost-or-net realizable value method.

The process by which businesses assign costs to products is known as inventory costing or inventory cost accounting. Additionally, these expenses come with ancillary charges for market fluctuations, storage, and administration.First in, first out, or LIFO, along with weighted average cost (WAC), are the three inventory costing techniques.First-in, first-out is the most accurate method for valuing inventory and is the best way to determine how much food a restaurant has in stock. The estimated value of the remaining goods is calculated using this method, which matches inventory with its original cost.There are numerous kinds of inventory, but the four main ones are maintenance, repair, and operating supplies, finished goods, work-in-progress inventory, and raw materials and components.

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a. charging of posting an ad on a website is very easy. the website measures the number of eyeballs watching the screen as well as the amount of time on that ad. b. i sell widgets. my widgets are attractive to two very different demographics. korean people between 20 and 30. russian people between 50 and 60. it is easy for me to create two different websites with two different front-ends. both of these websites take orders and send these orders to one back-end and the orders get fulfilled from one warehouse using different shipping boxes. c. providing internet access from satellites and balloons is cheaper than laying cable. d. despite zappos selling shoes at a low price and very easy return policy, people still travel to brick n mortar stores to try on and buy shoes.

Answers

Charging for posting an ad on a website typically involves a cost per impression (CPM) or cost per click (CPC) pricing model.

What is CPM Model?

In a CPM model, the advertiser pays a set fee for every 1,000 views of their ad. In a CPC model, the advertiser pays a set fee for every click on their ad. The cost of the ad is determined by factors such as the website's traffic, the type of ad (e.g. banner, video, etc.), and the duration of the ad campaign. Additionally, some website may charge more for certain position of the ads, more visibility, or more target audience.

According to question:-

a. Charging for ads on a website is based on metrics such as the number of views and the amount of time spent on the ad.

b. To target two different demographics, it is possible to create separate websites with different front-ends that both connect to the same back-end and warehouse for order fulfillment, using different shipping boxes.

c. Providing internet access through satellites and balloons can be more cost-effective than laying cable.

d. Even though Zappos offers low prices and an easy return policy, some consumers still prefer to visit physical stores to try on and purchase shoes.

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during the 1920s, wages for american workers select one: a. generally enabled a working-class family to thrive on a single income. b. rose most quickly for unskilled workers. c. generally rose at a rate far below increases in production and profits. d. equaled or exceeded the rate of production growth. e. generally decreased as the labor market became tighter.

Answers

The correct option is C. Generally rose at a rate far below increases in production and profits.

A salary is a price made by way of an organization to a worker for paintings achieved in a particular time frame. some examples of salary bills encompass compensatory payments consisting of a minimal wage, prevailing wage, and yearly bonuses, and remunerative payments which include prizes and tip payouts. Wages are part of the prices which can be a concern in strolling a commercial enterprise. it's far a duty to the employee regardless of the profitability of the agency.

Charge through salary contrasts with salaried work, wherein the organization can pay an organized quantity at consistent periods (which include every week or month) no matter hours labored, with the commission which conditions pay on man or woman performance, and with repayment based totally on the performance of the organization as an entire. Waged employees might also get hold of hints or gratuity paid at once via clients and worker advantages that are non-economic styles of reimbursement.

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there is usually no cost or duration associated with a milestone. group of answer choices true false

Answers

True, a milestone normally has no cost or time attached to it.

A project milestone is a management tool used to define a point in a project's timeline. These milestones can denote the beginning and end of a project, as well as the conclusion of a key phase of work. Milestones can represent anything that has begun or concluded, although they are most commonly used as a scheduling tool.You can see how a milestone can help with scheduling if it focuses on important progress milestones in a project. Just as tasks divide a bigger project into manageable sections, milestones divide project stages to assist project managers in planning, scheduling, and executing them.

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which of the following is the formula to calculate the predetermined factory overhead rate?

a. Actual total factory overhead costs divided by actual activity base.

b. Estimated total factory overhead costs divided by actual activity base.

c. Estimated total factory overhead costs divided by estimated activity base.

d. Actual total factory overhead costs divided by estimated activity b

Answers

Estimated total factory overhead costs divided by estimated activity base  is the formula to calculate the predetermined factory overhead rate.

The estimated (planned budget) overhead costs for the year are divided by the estimated (planned budget) activity base for the year to arrive at the predetermined overhead rate, which is established at the start of the year.

Often, machine hours and direct labor costs make up this activity foundation. After determining the overhead rate, a business calculates the overhead rate per unit, and then adds the overhead per unit cost to the expenses of the product's direct materials and direct labor to arrive at the overall cost. For a certain reporting period, the expected cost of manufacturing overhead is applied to cost items using an allocation rate called a predetermined overhead rate.

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acme inc. is evaluating a new project to produce rockets. the project will involve $200,000 to purchase a new machine. every year, acme will need to spend $5,000 to keep the machine running and the revenue is $75,000 per year by selling the rockets. every 5 years, acme will have to spend $1,000 to update the machine. acme inc. expects that the machine will last for 10 years, and at the end of 10 years, acme will be able to sell the machine for $50,000. what is the overhaul cost?

Answers

Every five years, ACME Corporation spends $1,000 to update and maintain the equipment. Therefore, the company's overhaul costs will include the expense of replacing the equipment, "$1.000 every five years" is right

What does "cost" mean?

A cost is the worth of money that has been expended to produce something or provide a service and is therefore no longer available for use in manufacturing, research, retail, and accounting. In the case of an acquisition cost, the money spent on the acquisition is considered the cost.

What's really cost and how does it work?

Total cost is equal to the sum of all fixed and variable costs. Total Spend = (Average Constant Price + Ordinary Variable Cost) x the number of units is another, more complex method to express it. All of this has to do with the overall cost equation, which is a crucial idea for figuring out the overall cost of production.

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Debt is measured relative to GDP because:

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Debt is measured relative to GDP because: the capability to pay off a country's debt relies upon on its productive capacity.

If the authorities runs a price range deficit and makes use of it to finance the purchase of productive assets, the economy will: be higher off if the return on the assets is sufficiently high.

Why is debt measured as a percentage of GDP?

By comparing what a u . s . a . owes with what it produces, the debt-to-GDP ratio reliably shows that unique country's capability to pay lower back its debts. Often expressed as a percentage, this ratio can additionally be interpreted as the range of years needed to pay lower back debt if GDP is committed absolutely to debt repayment.

What is the effect of debt-to-GDP ratio?

A high debt-to-GDP ratio is undesirable for a country, as a higher ratio indicates a higher danger of default. In a study performed via the World Bank, a ratio that exceeds 77% for an extended length of time may also result in an unfavorable influence on economic growth.

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typical skill that all property managers must be familiar with is known by the acronym gaap. gaap refers to what...?

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GAAP is the abbreviation for Generally Accepted Accounting Principles (GAAP) issued by the Institute of Chartered Accountants of India (ICAI) and the provisions of the Companies Act, 1956.

What is meant by Accountants?

An accountant is a specialist who manages bookkeeping and organizes the financial records you use to run your company, including balance sheets, profit and loss statements, and more.They simplify all the financial jargon associated with running a business, audit your records, create reports for tax purposes, and more.A professional who carries out accounting tasks like account analysis, auditing, or financial statement analysis is referred to as an accountant. Accountants work for accounting firms or the internal accounting divisions of big businesses.They are free to establish their own, unique practices.Corporate accountants manage and file financial data for organizations in order to comply with tax laws and for external reporting requirements.

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As the total volume of activity changes:
a. the total of variable costs stays the same.
b. the total of fixed costs changes.
c. variable costs per unit change.
d. fixed costs per unit change.

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As the total volume of activity changes: The total of variable costs stays the same.

What is variable cost?

An expense for the company that varies according on how much is produced or sold is called a variable cost. Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.Costs that change as the volume increases are known as variable costs. Raw materials, piece-rate labour, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs.

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you are working on a project to create a new marketing platform for a major search engine. you have been given a small team of all stars to build the platform. the platform will be developed in iterations and if successful at launch the plan is to expand the project team from 8 to 50. the mission of the company is to deliver value for the good of humanity. the executive team wants to ensure that the product upholds the mission and values of the company while in development. how could you best accomplish this?

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To expand the project team it is best to approach them in a one-on-one context because they are probably an introverted person.

The project manager evaluates the effect of a modification on the project during which specific process?

Finding out how the modification will affect the project is the purpose of the impact assessment step. All necessary information should be systematically gathered by using a change request template. Making an informed decision is the goal, both for the sponsor and the stakeholders.

Which document discusses sourcing choices and the resource pyramid for the project or engagement?

A project charter is described as a document created by the project sponsor that formally approves a project's existence and gives the project manager the right to devote organisational resources to project operations.

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