Task 2- Below is a hypothetical demand and supply for apartments. Answe the following questions below using as basis the schedule given: Rent/Month (Php) Number of Apts. Demanded/Month Number of Apts. Supplied/Month 120.000 200 100.000 20.000 400 80,000 40,000 600 60.000 60,000 800 40,000 80.000 1000 20.000 100.000 1200 120.000 1. Draw the demand and supply curves for apartments using the schedule above.
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- 6. Elasticity and total revenue The following graph shows the daily demand curve for bikes in Houston. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. PRICE (Dollars per bike) 300 275 ) 250 225 175 150 125 100 75 50 25 0 0 + 6 12 18 24 30 36 42 48 QUANTITY (B) Demand 54 60 66 72 Total RevenueDefine the following: i) Simple interest. ii) Breakeven point. iii) Ordinary annuity. b) When the price of a commodity is Sh. 530 the unit demand is 55 units. The demand is 120 units when the price is Sh. 270. If the cost of production is C = 2q + 150, Calculate the profit when 5 units are produced and sold. c) The present value of an annuity due is Sh. 284,000 after 4 years at a discount rate of 10%. Calculate the annual payment. d) A man deposits Sh. 12,000 in a bank at the beginning of each year. The compound interest is 12% per year. Calculate how long it will take for an accumulated amount of Sh. 95,000.Utilities Some rental units have certain expenses included with the rent. Water, electricity, and heating are often referred to as utilities. Some tenancy agreements require the tenant to pay for utilities. 7. a) Bianca and Sarah rent a semi-detached house. They pay for utilities as well as rent. Complete the chart to determine their estimated annual cost for utilities. Average Billing Frequency Estimated Amount Billed Annual Cost Item Natural gas Monthly $118 Electricity Bi-monthly $140 Water Quarterly $120 Estimated Total Annual Cost b) A news report claimed that utility costs would rise by an average of 10% next year. Estimate how much Bianca and Sarah can expect to pay for utilities next year. 0
- Typed plz and asap Please provide me a quality solution as you always do high quality and take care of plagiarism also thanksEconomics A company sells apples. Annual demand is 20,000, the order cost is $150.00 and the holding cost is 20% of the cost of each item. Cost of each item is $80.00. Calculate: a. The economic order quantity EOQ) b(i) the annual order cost ii) the annual holding cost iii ) total annual cost including cost of items.What is the 4p ( Product, price, place, promotion) of caribou coffee ?
- Design a process chart for printing a short documenton a laser printer at an office. Unknown to you, the printerin the hallway is out of paper. The paper is located in a supplyroom at the other end of the hall. You wish to make five stapledcopies of the document once it is prin ted. The copier, located nextto the printer, has a sorter but no stapler. How could you makethe task more efficient with the existing equipment?show calc100 90 80 70 60 ATC 50 40 30 AVC 20 MC 10 10 20 30 40 50 60 70 80 90 100 QUANTITY (Thousands of lamps) COSTS (Dollars)
- Shane teaches guitar lessons. The graph below shows the comparison of his expenses and revenue for one month. r ($) L -1000 000 -600 200 Number of Lessons Expenses Revenue How many lessons must he teach to break even?Suppose that the graph illustrates the market demand for soda per month with an equilibrium price of $3.00 and equilibrium quantity of 4,000 sodas. Please indicate on the graph the effects of excess inventories that lower the price by $2 and place point A at the new equilibrium. Price (5) 6.0 5.0 4.0 3.0 2.0 1.0 0.0 O 3.0 4. N Demand 4,0 5 4 Quantity (thousands)Typed plz Please provide me a high quality solution as you always do and take care of plagiarism also thanks