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2 years ago

An owner of a small firm needs to hire some managers. Assume that each manager has time to

Business

1 answer:

Flura [38]2 years ago

7 0

Answer:

The opportuniy cost is the cost of forgoing one alternative.

In this case, the opportunity cost of Task B is the value of Task C, which is $50,000.

This is because the owner has hired two managers, one to do Task A, and another to do Task B, which leaves Task C unattended.

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The demand for yak butter is given by 150 – 3pd and the supply is 3ps – 30, where Pa is the price paid by demanders and ps is th

andreev551 [17]

Answer:

1) Attached

2) 150-3p = 3p-30

3) P=30, Q=60

4) 150-3p = 3p-90

5) P=40 and Q=30

6) Ps=Pd+10

7) P=35, Q=45

8) P=45, Q=45

Explanation:

We can write the equation for the quantity demanded as:

$Q_d=150-3p_d$

And the equation for the quantity supplied as:

$Q_s=3p_s-30$

1) Attached

2) The equilibrium price can be calculated by making the quantity supplied equal to quantity demanded:

$Q_s=Q_d\\\\3p-30=150-3p\\\\6p=150+30=180\\\\p=180/6=30$

3) The equilibrium price is P=30.

The equilibrium quantity can be calculated as:

$Q_s=150-3*30=150-90=60$

The equilibrium quantity is Q=60.

4) The supply now becomes:

$Q'_s=3p_s-90$

The equation for the new equilibrium price is:

$Q_d=Q'_s\\\\150-3p=3p-90\\\\6p=150+90=240\\\\p=240/6=40$

$Qd=150-3*40=150-120=30$

5) The new equilibrium is at p=40 and Q=30

6) They will receive

$p_s=p_d+subsidy=p_d+10$

7) In this case, the quantity supplied becomes:

$Q_s=3p_s-90=3(p+10)-90=3p+30-90=3p-60$

The new price equilibrium becomes P=35:

$Q_s=Q_d\\\\3p-60=150-3p\\\\6p=150+60\\\\p=210/6=35$

The quantity for this equilibrium is Q=45:

$Q_d=150-3*35=150-105=45$

8) Now, the equations for demand and supply are:

$Q_s=3p-90\\\\Q_d=150-3(p-10)=150-3p+30=180-3p$

The equilibrium price and quantity becomes:

$Q_d=Q_s\\\\180-3p=3p-90\\\\6p=180+90\\\\p=270/6=45\\\\\\Q_d=180-3*45=180-135=45$

7 0

2 years ago

You purchase a put option on Swiss francs for a premium of $.02, with an exercise price of $.61. The option will not be exercise

natita [175]

Answer:

Net Profit = (0.61-0.58) - 0.02

= 0.01

Explanation:

5 0

2 years ago

Sammy created a new logo for his client to use on the company website and office stationery. However, the logo became a blur whe

pychu [463]

Answer:

Sammy needs to use a program and design the ad using density independent pixels.

Explanation:

Based on the scenario being described within the question it can be said that in the future Sammy needs to use a program and design the ad using density independent pixels. This will allow the design to correctly scale up and down by adding the correct ration or pixels needed so that the image is always as clear as originally intended. This will prevent such scenarios as this one.

7 0

2 years ago

A quality control activity analysis indicated the following four activity costs of an administrative department:

Doss [256]

Answer:

total sales are the internal failure costs is 2%

Explanation:

given data

form to reduce errors = $15,000

customer complaints = 75,000

Verifying = 30,000

Correcting errors = 60,000

Total = $180,000

sales = $3,000,000

to find out

total sales are the internal failure costs

solution

we know here that internal failture cost is express as

internal failture cost = correcting error in form ...........1

internal failture cost = $60000

and

internal failture cost as % of total cost is here as

internal failture cost to sale = $\frac{internal\ failture\ cost}{sales}$ .......2

internal failture cost to sale = $\frac{60000}{3000000}$

internal failture cost to sale = 2%

so total sales are the internal failure costs is 2%

3 0

2 years ago

Assume a firm’s debtholders are promised payments in one year of $35 if the firm does well and $20 if the firm does poorly. Ther

dexar [7]

Answer:

$2 or 7.84%

Explanation:

we need to determine the expected value of the firm's payments:

$35 x 50% chance of doing well = $17.50
$20 x 50% chance of doing poorly = $10
total expected value = $27.50

Since investors are willing to pay $25.50 and the expected value in one year is $27.50, the promised return = $27.50 - $25.50 = $2 or 7.84% (= $2 / $25.50)

7 0

2 years ago