answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
REY [17]
2 years ago
4

Members of the wrestling team are planning to sell pre-ordered programs at matches. The cost to print the programs is \$150$150d

ollar sign, 150 plus \$0.50$0.50dollar sign, 0, point, 50 per program. They plan to sell each program for \$2$2dollar sign, 2. If profit is the amount of money earned from selling programs minus the expenses of printing the programs, how many programs must they sell to make a profit of at least \$500$500dollar
Business
1 answer:
spayn [35]2 years ago
8 0

Answer:

at least 434 programs

Explanation:

Data provided in the question:

Cost of printing the programs = $150 + 0.50/program

Selling cost of the program = $2

Desired profit = at least $500

Let the number of programs sold to earn profit of  $500 be 'x'

Now,

Total cost = $150 + $0.50x

Total revenue = $2x

Profit = Total revenue - Total cost

$500 ≤ $2x - ( $150 +  $0.50x )

or

$500 ≤ $2x - $0.50x - $150

or

$1.5x ≤ $650

or

x ≤ 433.33

or

x ≤ 434

You might be interested in
After hiring 151 units of the variable input, labor, a firm determines the MFC to be $.30 and the MRP to be $.33. The firm shoul
zhuklara [117]

Answer:

Option (c) is correct.

Explanation:

Labor (Variable input) hired = 151 units

After hiring this much units of labor, a firm incurred:

Marginal cost of hiring (MFC) = $0.30 and marginal product of labor (MRP) = $0.33

The firm continuing hiring new labor until the point at which marginal cost of hiring labor is equal to the marginal product of labor.

In this case, MFC is less than the MRP, so firm should increase the use of labor till the MFC becomes equal to the MRP.

7 0
2 years ago
The b vitamin content of a whole grain is dramatically decreased during the refining process. to counteract these losses, in the
SCORPION-xisa [38]
In the United States, food manufacturers are required to enrich breads and cereals from milled, refined grains with the following vitamin B: THIAMIN, RIBOFLAVIN AND NIACIN. 
Bran, which is the outer layer of grain is rich in B vitamins and some other nutrients and minerals, but these usually get lost during refining process. Due to this, the government requires grain food manufacturers to add some B vitamins to their products during production. The B vitamins are very essential in man's nutrient because of their many benefits. 
5 0
2 years ago
Railway Cabooses just paid its annual dividend of $3.10 per share. The company has been reducing the dividends by 10.9 percent e
Vlada [557]

Answer:     Po = Do(1+g)/Ke-g

                  Po = $3.10(1-0.109)/0.13 - (-0.109)

                  Po = $3.10(0.891)/0.13+0.109

                  Po = $3.10(0.891)/0.239

                  Po = $11.56

Explanation: The current market price of the stock equals the current dividend paid multiplied by 1+g divided by the excess of cost of equity over growth rate. The growth rate is negative in this case, thus, the growth rate would be deducted from 1. Moreso, the growth rate will be added to cost of equity since it is negative. Thus, the amount that the investor will be willing to pay is $11.56.

7 0
2 years ago
One bag of flour is sold for $1.00 to a bakery, which uses the flour to bake bread that is sold for $3.00 to consumers. A second
zalisa [80]

Answer:

Increase in GDP =  $5

correct option is b. GDP increases by $5.00

Explanation:

given data

bake bread sold = $3.00

flour sold = $1

sells to consumer = $2.00

to find out

what is the effect on GDP

solution

we get GDP that is increase is express as

Increase in GDP = flour sold + ( bake bread sold - flour sold  ) + sells to consumer   ..................1

put here value we get by equation 1

Increase in GDP = $1 + ( $3 - $1 ) + $2

Increase in GDP =  $5

correct option is b. GDP increases by $5.00

6 0
2 years ago
The QuickBooks Online ecosystem gives you and your clients access to a wide range of 1.__________ to help 2.___________ their bu
kupik [55]

The Quick Book Online ecosystem gives you and your client access to a wide range of apps to help increase productivity in a business.

Explanation:

  • The Quick Book Ecosystem helps small firms in their growth and productivity. It keeps all the accounts properly,does all the legal work. It is an easy going app and is very useful for the businessman.
  • There is no need to keep any backup still the important data are kept secured. Online chats can also be easily performed.
  • There is not requirement of software to manage it as well as this app don't require any upgrades. Hence we can say that this app is very useful because through this app we can avail other apps too.

6 0
2 years ago
Other questions:
  • People keep in contact using social media sites, including Facebook, Google Plus, and YouTube. Increasingly, these sites are use
    7·2 answers
  • During 2014, Raines Umbrella Corp. had sales of $750,000. Cost of goods sold, administrative and selling expenses, and depreciat
    13·1 answer
  • Blair Madison Co. issues $1.9 million of new stock and pays $281,000 in cash dividends during the year. In addition, the company
    5·1 answer
  • Describe analogous, parametric and bottom-up estimating, and briefly discuss the advantages and disadvantages of each method.
    12·1 answer
  • You are a project leader directed to provide the leadership of your organization with a potential idea(s) to increase productivi
    10·1 answer
  • Which of these questions would you be unlikely to ask when interviewing a real estate agent?
    15·1 answer
  • You have purchased 1 million shares in a restaurant chain venture. At this zero-stage investment, your company’s assets are $110
    6·1 answer
  • Why would companies choose to use an intermediary like FedEx instead of taking on distribution responsibilities themselves? 2. S
    12·2 answers
  • Each of the following costs pertains to Bailey Dairy Products​ Company, a dairy processing company. Classify each of the​ compan
    13·1 answer
  • Tunstall, Inc., a small service company, keeps its records without the help of an accountant. After much effort, an outside acco
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!