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adoni [48]
2 years ago
12

Hedge Fun is a landscaping firm that specializes in topiary. It contracts with the owners of 125 local homes and provides its se

rvice at an annual fee of $1,300. Its average variable cost is $800, and its annual fixed cost is $28,000. What is the break-even level of output?
Business
1 answer:
tekilochka [14]2 years ago
3 0

Answer:

Break-even level of output = 56

Explanation:

Given:

Annual Revenue = $1,300

Total Fixed cost = $28,000

Variable cost = $800

Computation of contribution:  

Contribution = Sales - Variable cost

Contribution = Revenue - Variable cost

Contribution = $1,300 - $800

Contribution = $500

Computation of Break-even level of output:

Break-even level of output = Total Fixed cost / Contribution

Break-even level of output = $28,000 / $500

Break-even level of output = 56

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Answer:

The answer is below

Explanation:

The graph is attached below.

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price elasticity of demand = \frac{\%\ change\ in\ quantity }{\%\ change\ in\ price}=\frac{\Delta Q}{\Delta P}

\Delta Q=\frac{Q_2-Q_1}{(Q_2+Q_1)/2} \\\\\Delta P=\frac{P_2-P_1}{(P_2+P_1)/2}

Price of elasticity demand =   \frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} }

Price of elasticity demand =   \frac{\frac{50-100}{(50+100)/2} }{\frac{4.5-4}{(4.5+4.0)/2} }=\frac{-0.6667}{0.1176} =5.7

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During the Great Recession, consumer sentiment in the United States declined, leading to a decrease in consumer spending. Which
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C. A decrease in the money supply

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Knowledge about challenges specific to the operations function can help marketing personnel to judge how _____________ new produ
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Answer: Identifying the consumer needs, advertising and promotion, pricing.

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 According to the given question, the knowledge about the different types of challenges regarding the specific operations and the functions that helps in marketing the new design of the products and it also helps in judge the pricing, advertisement and the promotion of the new products in the market.

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7 0
2 years ago
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Two constraints to maximizing profit are cost of production and consumer demand. 

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2 years ago
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