A producer of felt-tip pens has received a forecast of demand of 39,000 pens for the coming month from its marketing department. Fixed costs of $33,000 per month are allocated to the felt-tip operation, and variable costs are 38 cents per pen.
a. Find the break-even quantity if pens sell for $3 each. (Round your answer to the next whole number.)
b. At what price must pens be sold to obtain a monthly profit of $14,000, assuming that estimated demand materializes? (Round your answer to 2 decimal places)
Answers: 1
Business, 21.06.2019 19:40, dlow4974
Policymakers are provided data about the private and social benefits of a good being sold in the market. quantity private mb ($) social mb ($) 6 6 9 7 4 7 8 2 5 9 0 3 what is the size of the externality? if the externality is positive, enter a positive number. if negative, make it a negative number. $ given this data, policymakers must decide whether to address the associated externality with a subsidy or a tax. as their economic consultant, which of the two policy tools would you recommend? a subsidy a tax
Answers: 2
Business, 22.06.2019 09:30, Yvette538
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 3
Business, 22.06.2019 10:10, cuthbertson157
conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?
Answers: 2
A producer of felt-tip pens has received a forecast of demand of 39,000 pens for the coming month fr...
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