The technique used in management accounting to determine the change in profit associated with the cost or benefit of the next (or the marginal) unit is called
Q: Suppose that a monopolist's market demand is given by P = 180-2Q and that marginal cost is given by…
A: Note: Since you have posted a question with multiple sub-parts, we will provide the solution only to…
Q: In a/an program, eligibility is based on simply being in a certain "category" of persons. a) Social…
A: The study of public economics focuses on how the government affects the economy. It looks at how…
Q: A machine is estimated to have annual repair costs of $20000 a year for five years. The cost are not…
A: In the problem, observe that there are no cash flows in the first three years. Starting from year 4,…
Q: Country 1 Country 2 Spy Hide -1, 1 0,2 Destroy Don't Spy 1, -1 0,2 5.1. Let p be the probability of…
A: Mixed strategy involves a random or probabilistic choice between two or more pure strategies.Nash…
Q: How does a monopolist in a market impact Consumer Choice and Pricing Strategies in the real world.…
A: Definition: A monopoly is a market structure where a single firm dominates, offering a unique…
Q: You are the Secretary of the Treasury, working with the president to implement appropriate policies.…
A: Fiscal policy is set by the government to influence economic growth. It is a change in government…
Q: A firm faces a demand of 40,000 units per month for one of its lines of stock. The firm's cost of…
A: In inventory management, the Economic Order Quantity (EOQ) formula is used to find the ideal order…
Q: Assume you are the director of marketing for a firm that markets healthy snack foods (i.e., chips,…
A: promotional plan outlines the communication strategies a company will use to market its products.…
Q: In regards to time lags as they relate to Fiscal Policy, which lag is possibly the longest and most…
A: Fiscal policy, a critical tool for government economic management, involves adjustments in…
Q: In Problem 5, the market demand decreases and the demand schedule becomes: If firms have the same…
A: “Since you have posted multiple questions, we will provide the solution only to the first question…
Q: The GDP deflator in year 2 is a b Question 27 Selected answer will be automatically saved. For…
A: In order to calculate the GDP deflator first the nominal and real GDP for year 2 is calculated. GDP…
Q: Price of ski permits $ 10.00 $9.00 $ $ $ $ $ $ $ $ $ 8.00 7.00 6.00 5.00 4.00 3.00 2.00 1.00 0.00 5…
A: Socially optimal output is reached where marginal social costs (MSC) are equal to the marginal…
Q: Which of the following is not a "Personnel Policy" related to recruitment: O Internal vs. external…
A: Personnel policies related to recruitment typically cover the strategies and guidelines an…
Q: Assume the production function of a farmer who keeps a poultry is q=f(L) = 100L⁰.5, where Lis labor…
A: The process by which a producer aims to achieve the highest possible level of profit within its…
Q: In Enigma of Capital, David Harvey discusses six possible barriers to capital accumulation. Identify…
A: In "The Enigma of Capital," David Harvey delves into the complexities of capital flow and…
Q: A special subsidiary of a U.S. bank that is engaged in international banking is called Seleccione…
A: Banking is the process of issuing various financial services to people. When such banking services…
Q: Scenario 36-1 Suppose that in the first half of June 2022, the effects of a housing and financial…
A: A housing and financial crisis typically refers to a period of severe disruption or instability in…
Q: Jse graphical approximation techniques to answer the question. When would an ordinary annuity…
A: An ordinary annuity involves a series of equal payments made by an investor at the end of each…
Q: Economists draw a distinction between world as it is, and statements, which describe th statements,…
A: You appear to be addressing a basic subject in economics and philosophy: the distinction between…
Q: The main beneficiaries of international trade in Canada have been American Consumers. American…
A: International trade allows countries to specialize in the production of goods and services in which…
Q: If an increase in investment spending of $50 million results in a $400 million increase in…
A: The multiplier effect in economics refers to the proportional amount of increase in final income…
Q: According to the foreign trade effect, when the price of American-made cars falls, U.S. consumers…
A: This can be defined as the exchange of commodities, services, and capital between nations. It…
Q: The MPC can be defined as that fraction of a Multiple Choice change in income that is not spent. O…
A: The correct option is- a change in income that is spent.The Marginal Propensity to Consume (MPC) is…
Q: Who has given the concept of wage fund theory? a) J.S. Mill b) Marshall c) Ricardion d) Jevons
A: Scholars in economics have offered varied insights. Adam Smith's "The Wealth of Nations" laid…
Q: Consider an increase in the supply of labour due to immigration, and use the long-run model. Figure…
A: Immigration is the process of moving to a new country or area to stay and live there. People may…
Q: You have a budget of $185,000 to renovate your house and you have four (4) independent major…
A: MARR is the lowest acceptable return rate or yield that an investor is willing to accept before…
Q: (Inflation and interest rates) Assume the expected inflation rate is 4.2 percent. If the current…
A: Expected inflation rate = 4.2%Current real rate of interest = 6.1%
Q: Figure 5 Price of Wagons $18.5 8 00 5 0 40 70 90 Domestic Supply World Price Domestic Demand…
A: The two players that are involved in the market are the producers and consumers. Engaging in a…
Q: (USE PW
A: The present worth is a financial metric used to evaluate the value of cash flows over time. It…
Q: Section III : Suppose Tesla and Toyota have the following payoff matrix: Toyota Produce EV cars…
A: Zero sum game or constant sum game is one type of game in which one person gains that means other…
Q: 3) Assume financial corporate defaults increase. a. Draw the bond markets for Treasury bonds and…
A: The picture you provided comprises two sections of a question about the impact of an increase in…
Q: Table 15-9 A firm in a competitive market has the following cost structure: O a. 3 units O b. 1 unit…
A: In a competitive market, individual sellers or buyers have little impact on the market price due to…
Q: If you practice consumption smoothing, O you always spend less than you earn. there will be times in…
A: Consumption refers to the use of goods, services, or resources by individuals or entities to satisfy…
Q: Suppose the economy starts at Point R. If there is a reduction in tax on investment, th short run…
A: Potential GDP - it refers to the output level at which an economy is at its full capacity that is…
Q: ost
A: Manufacturing price refers to the overall fees incurred by means of a employer within the manner of…
Q: What differences can you tell between high- and low-income countries regarding education level and…
A: Tradeoff in simple terms means trading one thing for more quantity of another thing or forgoing one…
Q: A refiner in city Q serves four customers near city W and maintains consignment inventory (owned by…
A: A management tool called Economic Order Quantity (EOQ) is used to calculate the ideal order quantity…
Q: In the model of a competitive labor market, an increase in the wage, ceteris paribus, causes A. an…
A: Labor refers to the physical or mental effort exerted by individuals in the production of goods or…
Q: According to the theory of rational expectations, errors in predicting inflation will a. tend to be…
A: The theory of rational expectations posits that individuals form expectations about the future based…
Q: The Federal reserve can directly intervene in the foreign exchange markets by: a. lowering interest…
A: Foreign exchange markets are global marketplaces where currencies are bought and sold. They…
Q: Assume a small open economy with floating exchange rates. If the economy initially starts at point…
A: The floating exchange rate refer to the exchange rate that is determined by the market forces of…
Q: Of the following groups, who is eligible for unemployment insurance benefits? A The unemployed who…
A: Unemployment insurance is a type of state-provided insurance that pays out when you lose your job…
Q: If a binding price floor is imposed on the drone market, then the demand for drones will decrease. O…
A: Demand refers to the quantity demanded at different price levels.Supply refers to the quantity…
Q: If the Fed wishes to reduce the money supply, it can sell U.S. government securities to member bank-…
A: The Federal Reserve (the Fed) is the central bank of the United States and plays a pivotal role in…
Q: Required information Lego Group in Bellund, Denmark, manufactures Lego toy construction blocks. The…
A: The reason the present worth method is so popular in the industry is that all future costs and…
Q: Open access regulations raise the marginal cost of fishing effort and O decreases harvest, increases…
A: Open access regulations refer to policies or systems that allow unrestricted access to a resource or…
Q: Which of the following reasons could explain why the aggregate quantity of output supplied changes?…
A: A model used in macroeconomics is the (AD/AS) model. It clarifies how an economy's price level and…
Q: Suppose that a monopolist's market demand is given by P= 180-20 and that marginal cost is given by…
A: “Since you have posted a question with multiple sub parts, we will provide the solution only to the…
Q: P2 P1 E1 E2 AD1 AD2 inflationary gap actual economy is operating at more than potential economy…
A: A country's price level rising beyond its limit is referred to as inflation. It is caused by…
Q: The elites in a society collect a set of skills that enable them to hold positions of power and…
A: Power involves the capacity to influence or control others, while authority is the legitimate right…
The technique used in
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- Company ZAP operates in car industry. When ZAP operates at full capacity (10.000 cars/month), economies of scale is reached, and cost/car is minimum. However, due to an economic crisis, the sales of ZAP decreased to 6.000 cars/month. Economic forecasts show that the crises will continue for 2-3 years more. a) As the manager of ZAP what would you do to adjust scale? Why? b) After 3 years if the demand for your cars starts to increase how would you react? Explain.Calculate Accounting profit if total revenue is $23,000 and explicit cost is $16,000A small business produces and sells balls. The fixed costs are $20 and each ball costs $2.92 to produce. Each ball sells for $7.92. Write the equations for the total cost, C, and the revenue, R, then use the graphing method to determine how many balls must be sold to break even.
- Calculate accounting profit if explicit cost is $300 and total revenue is $2000Use the accompanying graph to answer the following questions. Assume the company makes 83,000 parts per month of Product A and 39,000 parts per month of Product B. Click the icon to view the provided graph. (a) Which Product has the higher variable cost, and what is this value in units of dollars per part? Product B has the higher variable cost. This value is $.50 /part. (Type an integer or a decimal. Round y (b) Which Product has the higher selling price, and what is this value in units of dollars per part? Product B has the higher selling price. This value is $ 1.69 /part. (Type an integer or a decimal. Round (c) Which Product has the faster breakeven time, and what is this value in units of months? Product B has the faster breakeven time. This value is 22 month(s). (Type a whole number.) (d) At 6 years, which Product makes more profit and what is this value in units of dollars? At 6 years Product A makes more profit. This value is $4,850,000. (Type a whole number.) k my instructor…Accounting profit is $1500 and the explicit cost is $450 Calculate the value of total revenue
- Teacher's Helper is a small company that has a subcontract to produce instructional materials for disabled children in public school districts. The owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month. Output (Instructional Fixed CostVariable Cost Total Cost Marginal Cost Average Fixed Cost Average Variable Cost Average Total Cost (Dollars) (Dollars) (Dollars) (Dollars per unit) (Dollars per unit) (Dollars per unit) (Dollars) modules per month) 0 1,080 1 1,080 400 1480 400 2 3 4 450 1,350 2,430 1,900 5 2,500 216 6 4,280 700 7 4,100 8 5,400 135 9 7,300 10 10,880 er to Table 13-10. What is the average fixed cost for the month if 9 instructional modules are produced? 475 980 965 8:2If total revenue is $64,000 and accounting profit is $12,000 Find explicit costResearch an instance of an actual firm that has been engaged in cost-cutting measures. What actions specifically are being taken and considered? Has the cost-cutting been effective? Cite the source of your information.