Top Three Business option that I prefer to be Engaged I believe I am on the right path to achieve my goals. I now anxiously await the next phase in my development. I know that my skills along with my experience will continue to aid in achieving my long-term objective. Hospitality Service Sector Hospitality Industry is growing very rapidly and Nepal has tremendous potential for tourism development because of its unique natural and cultural heritage. Now in Nepal, tourism policy has been formulated
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ECO 550 Complete Class Click Link Below To Buy: http://hwcampus.com/shop/eco-550/eco-550-complete-class/ Or Visit www.hwcampus.com ECO 550 Complete Class ECO 550 Week 3 Assignment 1 – Demand Estimation Imagine that you work for the maker of a leading brand of low-calorie microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April. For a refresher on independent and dependent variables
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variable cost of a product is usually only the direct materials required to build it. Direct labor is rarely completely variable, since a minimum number of people are required to crew a production line, irrespective of the number of units produced. The Marginal Cost Calculation ABC International has designed a product that contains $5.00 of variable expenses and $3.50 of allocated overhead expenses. ABC has sold all possible units at its normal price point of $10.00, and still has residual production capacity
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Find an equation of the tangent to the curve y(x) = x2 - 3x + 2 at the point (1, 2). Question 1 options: | 1) | x + y = 3 | | | 2) | 2x - y = 3 | | | 3) | y = 2 | | | 4) | x - y = 3 | | Save Question 2 (1 point) Find an equation of the tangent to the curve f(x) = 2x2 - 2x + 1 that has slope 2. Question 2 options: | 1) | y = 2x | | | 2) | y = 2x + 1 | | | 3) | y = 2x + 2 | | | 4) | y = 2x - 1 | | Save Question 3 (1 point)
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1-a Total Cost = 4000+q 1-b Marginal cost means the cost added for each added customer=q Fixed cost is the cost charged no matter how many customers take the ride=4000 1-c-1 Patrons in group B are more sensitive to price change than group A. Example: Cloth industry. Some shoppers such as model or movie star need product for their career. Therefore, they will buy more products if the price gets lower because they can cut down their cost. On the other hand, some people just buy clothes when
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of differentiated oligopoly. - Oil and telecommunication (Globe, Smart, Sun Cellular) companies are examples of firms operating in an oligopolistic environment. Demand Curve KINKED DEMAND CURVE If the assumptions hold then: • The firm's marginal revenue curve is discontinuous (or rather, not differentiable), and has a gap at the kink • For prices above the prevailing price the curve is relatively elastic • For prices below the point the curve is relatively inelastic Price war
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| | | | | C) | | | | | | | Economic Profit | ($1,000) | | | | | d) | | | | | | | No, because she is forgoing the rent income she would have been earning before she started her own business | | 2) | Fixed Cost | Marginal Cost | Variable Costs | | | Small Plant | $10,000 | $2.00 | $12,000 | | | | Medium Plant | $15,000 | $1.40 | $12,600 | | | | Large Plant | $25,000 | $0.50 | $9,000 | | | | a) | | | | | | | Average Cost of Production
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flows is A. $2,562. B. $3,200. C. $439. D. $3,000. 3. Accounting profits are: A. total revenue minus total cost. B. total cost minus total revenue. C. marginal revenue minus total cost. D. total revenue minus marginal cost. 4. Economic profits are: A. total revenue minus total cost. B. marginal revenue minus marginal cost. C. total revenue minus total opportunity cost. D. total profits of the economy as a whole. 5. Which of the following is an implicit cost to a firm that
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ACCT 402 Check Figures from Publisher – 15th Edition (assigned problems in bold) Chapter 4. Job Costing 4-16 Job costing a c e g h k l n o p q r s u Process costing b d f i j m t 4-17 1. B 180% A 190% 2. A $127,000 N $124,000 3. N underallocated $145,000 4-18 1. B $50 A $47 2a. L $188,926 M $221,720 2b. L $186,166 M $218,600 4-19 1. $24 per mh 2. $4,080,000 3. overallocated $30,000 4-20 1. M $36 A 180%
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EGT1 Task 1 Marginal Analysis Student Name Western Governors University Student ID: The primary focus of this paper is to demonstrate the concepts of marginal revenue and marginal cost, how the two are related to each other and how they are used by a company in profit maximization. By factoring, analyzing and comparing the various data on revenue and cost, a company can use a marginal analysis to determine the best direction to maximize profits. A marginal analysis is the “comparisons of marginal
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