p = -0.2x2 + 160 d the quantity x (in units of a hundred) that the supplier is willing to make available in the market is related to the unit pr p = 0.1x? + 5x + 80. the market price is set at the equilibrium price, find the consumers' surplus and the producers' surplus. (Round your answ nsumer's surplus $
Q: nd and supply functions: Demand: Qd = 900 - 60P Supply: Qs = -200 + 50P If the price is currently…
A: The right answer is option 2. surplus of 110 units
Q: Qs Let the selling Price of a product is 200$ and the variable cost is 120$ and the Fixed Cost is…
A: Hi student Since there are multiple subparts, we will answer only first three subparts.
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A: Price elasticity is a measure of responsiveness of a product to its price rise. If the price is…
Q: Q1:-A paaducen faces a fixed. Rs, 50 anda Variable cost RS 5 per unit out put when he produces les 2…
A: Given in the question:- When the producer produces less than 200 units Variable Cost = Rs 50 per…
Q: Consider a market with the following supply and demand. (It may help to draw a graph for these…
A: Solution- External cost=$3 Efficient quantity= 500 Because External cost of $3 raises the supply…
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A: Given, Ordering Cost = RO 60 per order Carrying Cost = 20% of price Annual demand = 6,000 unit
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A: Contribution margin = (sales price - variable costs) x no. of units = (7-2)*60000 = P300000…
Q: hrm sells a product at (45$) per ur e cost function for this product is (Q) = 33Q + 4800} .Find the…
A: Solution: Fixed cost of firm = 4,800 Contribution margin per unit = $45 - #33 = $12 per unit
Q: A product is currently reported on the balance sheet at a cost of $29. The selling price of the…
A: Net realizable value = sales price - cost to sell
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A: We know that under marginal costing Profit = Sales Revenue - Total Variable cost - Total Fixed…
Q: uct is public good, analy
A: Demand Function- Demand function is what describes a relationship among one variable and its…
Q: |The cost per unit of producing a product is 60 + 0.2x dollars, where x represents the number of…
A: Revenue: It is the income earned by a business in the course of its regular business activities.…
Q: unit) shifted from 1500 yen to 1000 yen, the quantity increased from 350 units to 400 units. From…
A: 1)Here when the price is 1500 yen the quantity demanded is 350 units So the revenue here is =…
Q: A monopoly is considering selling several units of a homogeneous product as a single package. A…
A: marginal revenue=∆revenue∆quantity
Q: Question 3: Sohar Company's financial information is given in the table below. Sales (OMR) Fixed…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: KE ENERGY FLA LL price in dollars
A: The answers to the given question are provided in the order below
Q: Assume total sales of $800000, total variable costs of $400000, and total fixed costs of $300000. Of…
A: Solution:- Calculation of the degree of operating leverage as follows under:-
Q: Question 3: Mirbat Company's financial information is given in the table below. Year Sales (OMR)…
A: YEAR 2020 Answer a) Calculation of P/V Ratio P/V Ratio = Contribution Margin/ Sales P/V Ratio =…
Q: If, Total Fixed cost OMR 40000, Selling price per unit OMR 30, and Variable cost per unit OMR 12,…
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A: Break Even Point -: Break Even point is simply a stage in a production when the cost or expense…
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A: Degree of operating Leverage: Degree of Operating Measure that in response to change in sales how…
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A: Net realizable value (NRV) is an asset pricing method used in corporate finance. NRV is calculated…
Q: Supply and demand curves for a consumer item are give by q = (s(p)=500 + p and q = D(p)=2300-2p…
A: Equilibrium Point - It is a point where aggregate demand is equal to aggregate supply in the…
Q: According to following information, which of the following shows Margin of Safety (MS) as amount and…
A: Break even sale (in units)=Fixed costSale per unit-Variable cost per unit=375,000250-100=2,500
Q: The following information relates to the operations of a company; cost per unit from supplier-…
A: Solution= Selling price= 80/1-0.20 =80/0.80 = GHC100…
Q: If total cost is OMR 40000, Fixed cost is OMR 10000 and total unit produce is 6000, The variable…
A: Total variable costs = total costs - fixed costs = 40000-10000 = OMR 30000
Q: A B C P12 Selling price per unit Variable cost per unit P25 P15 P10 P6 P5 Fixed operating costs…
A: Contribution margin per unit = sales price - variable cost per unit Break-even point = Fixed costs /…
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A: PLEASE LIKE THE ANSWER Answer: In case of linear demand curve, the equilibrium condition occurs at…
Q: Question 3: Sohar Company's financial information is given in the table below. Sales (OMR) Fixed…
A: The break even sales are calculated as fixed cost divided by CM ratio.
Q: Q1:- A pooduce faces a fixed cost of Rs, So and aariable.cost Rs,S per umit ob out put when he…
A: Following are the answers to the given question
Q: Price Quantity Demanded Per Month $5 $4 $3 $2 $1 60 80 100 120 140 Quantity Supplied Per Month 200…
A: 1. The correct answer is option - c) The equilibrium price is $3 and equillibrium quantity is 100…
Q: if Actual sales are OMR 490000, Total Fixed costs OMR 135000, Selling price per unit OMR 50, and…
A: Ans. Break even point = Fixed cost ÷ Contribution per unit And margin of safety is the difference…
Q: Consider a product market with three consumers A, B and C with demand function PA = 6 – QA, PB = 6 –…
A: Demand Function- Demand function is what describes a relationship among one variable and its…
Q: Question 4: Compute the EOQ given the following information. The annual consumption is 6000 units,…
A: EOQ= 2×A×OH Where, A is Annual Demand O is Ordering Cost H is Holding Cost Annual Total Cost= (AQ×O)…
Q: The following information relates to the operations of a company; cost per unit from supplier-…
A: The breakeven number of units, is the quantity of products or services that a company needs to sell…
Q: using the price p=20 - .05x, use the Revenue function to find the marginal Revenue function R'(x),…
A: Hi student Since there are multiple questions, we will answer only first question.
Q: Given the table below: Variable Company Fixed Cost Price Cost 20.75 2.50 19.00 18.50 3.00 16.25…
A: Indifference is the level of sales where the profit between 2 companies is same. Profit =…
Q: Question 3: Sohar Company's financial information is given in the table below. Year Sales (OMR)…
A: ‘’Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: If the demand equation is Q = 100-10P. find the consumer’s surplus when the consumer purchases 18…
A: Consumer surplus can be defined as the area of the triangle above the price and below the demand…
Q: Q1) One of the industrial investors needed an analysis that would lead him to a break-even level…
A:
Q: The demand function for a certain commodity is given by the equation p = 16 -0.04x. Exercise (a)…
A: 1(a). P(x) =16 - 0.04x, x= 200 P(200) = 16 - 0.04 x 200 = 16 - 8 = 8
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- Producers' Surplus The demand function for a certain brand of CD is given by p = -0.01x2 -0.2x + 19 where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand. The supply function is given by p = 0.01x² + 1.1x +4 where p is the unit price in dollars and x stands for the quantity that will be made available in the market by the supplier, measured in units of a thousand. Determine the producers' surplus if the market price is set at the equilibrium price. (Round your answer to the nearest dollar.) $ Need Help? Read It Submit AnswerSupply and demand curves for a consumer item are give by q = (s(p)=500 + p and q = D(p)=2300-2p respectively p is the price in dollars for one unit of this item and q is the umber of units. The equilibrium price is ' =$600 A sales tax of 3.2% to be directed at the consumers, is under consideration. Determine the amout of money per item that supplies stand to lose due to this tax which is directed at consumers.The estimated monthly sales of Mona Lisa paint-by-number sets is given by the formula q = 103e0-3p²/2, where q is the demand in monthly sales and p is the retail price in hundreds of yen. (a) Determine the price elasticity of demand E when the retail price is set at ¥400. E = Interpret your answer. The demand is going? by % per 1% increase in price at that price level. Thus, a large price? (b) At what price will revenue be a maximum? (Round your answer to the nearest integer.) yen ✓is advised. (c) Approximately how many paint-by-number sets will be sold per month at the price in part (b)? (Round your answer to the nearest integer.) paint-by-number sets per month
- Smithson Cutting is opening a new line of scissors forsupermarket distribution. It estimates its fixed cost to be $500.00and its variable cost to be $0.50 per unit. Selling price is expectedto average $0.75 per unit.a) What is Smithson’s break-even point in units?b) What is the break-even point in dollars?Find the optimal order quantity of a product for which the price breaks are as follows: Quantity(units) Price per unit(Rs.) 0 < Q1 < 100 20.00 100 <= Q2 < 200 18.00 200 <= Q3 16.00 The monthly demand for the product is 200 units, the storage cost is 20 percent of the unit cost and the cost of ordering is Rs. 25 per order.Marigold Corp. is using the target cost approach on a new product. Information gathered so far is as follows: Expected annual sales Desired profit per unit Target cost What is the unit selling price? O $0.30 O $0.64 O $0.62 O $0.32 500000 units $0.32 $150000
- The figure below shows graphs of the fixed cost function, total cost function and the total revenue function for a certain commodity. 20 Dollars ($) 8000 7000 6000 5000 4000 3000 2000 1000 -10 -1000+ 10 20 30 (a) What is the break-even point? e.g. (295,7650) (b) What are the fixed costs? $ Percent of capacity= 40 Units TR TC If the selling price per unit is $100, and the variable cost per unit is $20: FC 50 60 70 80 90 100 enter the answer in the form (x,y) (c) If the maximum production capacity of the commodity is 100, express the break-even units as a percent of capacity? % (round to two decimal places if necessary)If the demand equation is Q = 100-10P. find the consumer’s surplus when the consumer purchases 18 units. What is the revenue of the seller?Derby Phones is considering the introduction of a new model of headphones with the following price and cost characteristics. Sales price $ 18 per unit Variable costs 7 per unit Fixed costs 27,000 per month Assume that the projected number of units sold for the month is 7,000. Consider requirements (b), (c), and (d) independently of each other. Required: a. What will the operating profit be? b. What is the impact on operating profit if the sales price decreases by 10 percent? Increases by 20 percent? c. What is the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent? d. Suppose that fixed costs for the year are 10 percent lower than projected, and variable costs per unit are 10 percent higher than projected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much?
- Many times the selling price of a product p, is related to demand D, according to the relationship p=a - bD. However, a company has found that the price of their product can be related to demand (in units per year) according to the following equation: p=108.5 – 2.08D⁰.75. In addition, there is a fixed cost of P50,000 per year and the variable cost tomanufacture the product is P68 per unit. What is the level of demand which maximizes sales? What is the maximum sales? What level of demand maximizes profit? What is the maximum profit? What are the breakeven quantities of this product if p=678.39-1.08D?Derby Phones is considering the introduction of a new model of headphones with the following price and cost characteristics. Sales price $ 21 per unit Variable costs 7 per unit Fixed costs 27,000 per month Assume that the projected number of units sold for the month is 7,000. consider requirements (b), (c), and (d) independently of each other. Required: a. What will the operating profit be? B. What is the impact on operating profit if the sales price decreases by 10 percent? Increases by 20 percent? c. What is the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent? d. suppose that fixed costs for the year are 10 percent lower than projected, and variable costs per unit are 10 percent higher than projected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much? complete this question by entering your…Derby Phones is considering the introduction of a new model of headphones with the following price and cost characteristics. Sales price $ 21 per unit Variable costs 7 per unit Fixed costs 27,000 per month Assume that the projected number of units sold for the month is 7,000. consider requirements (b), (c), and (d) independently of each other. Required: a. What will the operating profit be? B. What is the impact on operating profit if the sales price decreases by 10 percent? Increases by 20 percent? c. What is the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent? d. suppose that fixed costs for the year are 10 percent lower than projected, and variable costs per unit are 10 percent higher than projected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much? complete this question by entering your…