The estimated demand curve for popsicles on a particular beach on a sunny summer day is given by Qp, where p is measured in dollars. What is the predicted quantity if p$? The predicted quantity would be Q 116 popsicles. (Enter your response as a whole number.) If the actual quantity demanded is , what is the residual? The residual would be 3. (Enter your response as a whole number.) A variable that likely is incorporated in the error term is A. the minimum wage. B. . C. the variable cost of production. D. profit from popsicle sales. E. the fixed cost of production.
Answers: 1
Business, 22.06.2019 12:10
Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries
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Business, 22.06.2019 14:30
Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be
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Business, 22.06.2019 14:30
Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.
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Business, 22.06.2019 14:30
Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?
Answers: 1
The estimated demand curve for popsicles on a particular beach on a sunny summer day is given by Qp...
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