Homework Answers
6. The area of a circle is πd2/4 where d is the diameter of the circle.
The area of 2 large pizzas ( of diameter 35cm) is 2* π*(352/4) = 1225π/2 =612.5 π sq. cm. and the cost of 2 large pizzas is $ 19.99 so that the cost per sq. cm of a large pizza is $ 19.99/612.5 π = $ 0.032636734/ π .
The area of 3 medium pizzas ( of diameter 30cm) is 3* π*(302/4) = 675π sq. cm. and the cost of 3 medium pizzas is $ 24.99 so that the cost per sq. cm of a medium pizza is $24.99/675π = $ 0.037022222/π.
Therefore, ordering 2 large pizzas rather than 3 medium pizzas makes better sense.
The costs per sq. cm will remain same even if additional pizzas are ordered.
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6. A Q. large pizza pizza cost $ 19.99. A meet of 30cm. 3 mechium pizz...
just answer e,f,g,h,i,j. (a) (3 points) To begin, assume that a firm is producing using q...
just answer e,f,g,h,i,j.
(a) (3 points) To begin, assume that a firm is producing using q = h(K, L) = K(1/3) L (1/3). Suppose the firm currently owns 128 machines, the price of the good is P = $96, the rental rate of capital is r = $4, and the wage rate is w = $16. What level of Labour would be hired? How much would be produced? Would the firm make a profit or a loss? Suppose there are...
An industry currently has 100 firms, all of which have fixed cost of $16 and average variable cost as follows: Quantity / Average variable cost: (1/$1),(2,$2), (3,$3), (4,$4), (5,$5), and (6,$6) b
10. An industry currently has 100 firms, all of which have fixed cost of $16 and average variable cost as follows: Quantity / Average variable cost: (1/$1),(2,$2), (3,$3), (4,$4), (5,$5), and (6,$6) b. The price is currently $10. What is the total quantity supplied in the market? I think that it is zero because the currently price does meet no exceed the average total cost, which is for the quantity 1, $17. Is this correct. c. As this market makes...
Help 10 Problem 6-20 CVP Applications: Break-Even Analysis; Cost Structure; Target Sales (LO6-1, LO6-3, LO6 4....
Help 10 Problem 6-20 CVP Applications: Break-Even Analysis; Cost Structure; Target Sales (LO6-1, LO6-3, LO6 4. L06-5, L06-6, LO6-8) 0.83 points Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high totaling $15.00 per ball, of which 60% is direct labor cost Last year, the company sold 44,000 of these balls with the following results...
3. Assume that a monopolist produces a good at constant marginal cost MC(q) = 1. Demand...
3. Assume that a monopolist produces a good at constant marginal cost MC(q) = 1. Demand is given by pºq) = 10 - 2q. There are no other pre-existing distortions in the market. (a) What is the privately optimal quantity and price chosen by the monopolist? For parts (b) and (c), assume that a tax of $t is imposed on every unit of output produced by the monopolist. (b) Derive the optimal quantity and price chosen by the monopolist as...
Only need 1-3, 7a, 7b, 7d, 9c, 9d, 9e, 9f Module 6 Assignment Worksheet Worksheet Instructions:...
Only need 1-3, 7a, 7b, 7d, 9c, 9d, 9e, 9f
Module 6 Assignment Worksheet Worksheet Instructions: 1. Complete this worksheet. 2. Once completed, navigate to Assignment 6 on Blackboard. This can be found under the Module 6 Assignments folder. 3. Refer to this worksheet when answering the questions online for Assignment 6. Worksheet Questions: Business is booming at the local McDonald's restaurant. It is contemplating adding a new grill and french-fry machine, but the day supervisor suggests simply hiring more...
Problem 9-25 Crltiquing a Varlance Report, Preparing a Performance Report fLO9-1, LO9-2, LO9-3, LO9. 4, LO9-6)]...
Problem 9-25 Crltiquing a Varlance Report, Preparing a Performance Report fLO9-1, LO9-2, LO9-3, LO9. 4, LO9-6)] Several years ago, Westmont Corporation developed a comprehensive budgeting system for planning and control purposes. While departmental supervisors have been happy with the system, the factory manager has expressed considerable dissstisfaction with the informstion being generated by the system. A report for the compsny's Assembly Department for the month of March follows: Cost Recport For the Month Ended March 31 Actual Planning Rcsults Budget...
Apologies for the long question! L M N O P Q R S at 10 at...
Apologies for the long question!
L M N O P Q R S at 10 at A1 ✓ fx Part 2 C D E F G H I J K 7 The budget director for Bird House Unlimited, Inc., has gathered the following data for use in developing the budgeted income statement for January 2020. Estimated sales for January Bird House 34,000 units $42 per unit Bird Feeder 25,000 units $70 per unit Direct materials Estimated inventories at January 1(beginning)...
MATCHING Place the letter from the list below in front of the correct item that matches....
MATCHING Place the letter from the list below in front of the correct item that matches. a. a company's distribution of its profits in the form of cash or stock to its shareholders b. date on which the board of directors announces the amount of the dividend, the record date and the payment date c. date on which the stock goes up, meaning it begins trading in the secondary market without dividend d. legal agreement a stockholder signs to allow...
Q.3\ How could IT/e-banking assist an organization/ a bank to achieve a competitive advantage in the...
Q.3\ How could IT/e-banking assist an organization/ a bank to achieve a competitive advantage in the marketplace? Explain through the case of Citibank. please make sure you give a unique answer (not copied one) ,Please no hand writing, and need references. This question is from ECOM 421 e-Business Strategies and Business Models course e-Business Strategy and Models in Banks : Case of Citibank E-business strategy in Citibank: Banks today are up-to-date with both the pros and cons of the internet....
Can anyone help me with these questions for my homework for environmental econ please? this is...
Can anyone help me with these questions for my homework for
environmental econ please?
this is the diagram questions 15 is referring to
the diagram above, assume there are 3 million gallons of water available in the aquifer. It water were allocated efficiently, how much would go to irrigation and how much to drinking A) 2 million gallons to irrigation, 1 million to drinking B) 1 million gallons to irrigation and 2 million gallons to drinking C) all of it...
just answer e,f,g,h,i,j.
(a) (3 points) To begin, assume that a firm is producing using q = h(K, L) = K(1/3) L (1/3). Suppose the firm currently owns 128 machines, the price of the good is P = $96, the rental rate of capital is r = $4, and the wage rate is w = $16. What level of Labour would be hired? How much would be produced? Would the firm make a profit or a loss? Suppose there are...
Help 10 Problem 6-20 CVP Applications: Break-Even Analysis; Cost Structure; Target Sales (LO6-1, LO6-3, LO6 4. L06-5, L06-6, LO6-8) 0.83 points Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high totaling $15.00 per ball, of which 60% is direct labor cost Last year, the company sold 44,000 of these balls with the following results...
3. Assume that a monopolist produces a good at constant marginal cost MC(q) = 1. Demand is given by pºq) = 10 - 2q. There are no other pre-existing distortions in the market. (a) What is the privately optimal quantity and price chosen by the monopolist? For parts (b) and (c), assume that a tax of $t is imposed on every unit of output produced by the monopolist. (b) Derive the optimal quantity and price chosen by the monopolist as...
Only need 1-3, 7a, 7b, 7d, 9c, 9d, 9e, 9f
Module 6 Assignment Worksheet Worksheet Instructions: 1. Complete this worksheet. 2. Once completed, navigate to Assignment 6 on Blackboard. This can be found under the Module 6 Assignments folder. 3. Refer to this worksheet when answering the questions online for Assignment 6. Worksheet Questions: Business is booming at the local McDonald's restaurant. It is contemplating adding a new grill and french-fry machine, but the day supervisor suggests simply hiring more...
Problem 9-25 Crltiquing a Varlance Report, Preparing a Performance Report fLO9-1, LO9-2, LO9-3, LO9. 4, LO9-6)] Several years ago, Westmont Corporation developed a comprehensive budgeting system for planning and control purposes. While departmental supervisors have been happy with the system, the factory manager has expressed considerable dissstisfaction with the informstion being generated by the system. A report for the compsny's Assembly Department for the month of March follows: Cost Recport For the Month Ended March 31 Actual Planning Rcsults Budget...
Apologies for the long question!
L M N O P Q R S at 10 at A1 ✓ fx Part 2 C D E F G H I J K 7 The budget director for Bird House Unlimited, Inc., has gathered the following data for use in developing the budgeted income statement for January 2020. Estimated sales for January Bird House 34,000 units $42 per unit Bird Feeder 25,000 units $70 per unit Direct materials Estimated inventories at January 1(beginning)...
MATCHING Place the letter from the list below in front of the correct item that matches. a. a company's distribution of its profits in the form of cash or stock to its shareholders b. date on which the board of directors announces the amount of the dividend, the record date and the payment date c. date on which the stock goes up, meaning it begins trading in the secondary market without dividend d. legal agreement a stockholder signs to allow...
Can anyone help me with these questions for my homework for
environmental econ please?
this is the diagram questions 15 is referring to
the diagram above, assume there are 3 million gallons of water available in the aquifer. It water were allocated efficiently, how much would go to irrigation and how much to drinking A) 2 million gallons to irrigation, 1 million to drinking B) 1 million gallons to irrigation and 2 million gallons to drinking C) all of it...
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