) David also sells cakes at the store. Assume the cakes retail at $5 per cake, but David only pays $2 per cake. Cakes cannot be sold after one week, and they have a negligible salvage value. David estimates that the weekly demand for cakes is: 15 cakes in 10% of the weeks, 16 cakes in 20% of the weeks, 17 cakes in 25% of the weeks, 18 cakes in 20% of the weeks, 19 cakes in 15% of the weeks, and 20 cakes in 10% of the weeks. How many cakes should David order

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.

Job applications give employers uniform information for all employees,making it easier to

Abc factory produces 24,000 units. the cost sheet gives the following information: direct materials rs. 1,20,000direct labour rs. 84,000variable overheads rs. 48,000semi variable overheads rs. 28,000fixed overheads rs. 80,000total cost rs. 3,60,000presently the product is sold at rs. 20 per unit.the management proposes to increase the production by 3,000 units for sales in the foreign market . it is estimated that semi variable overheads will increase by rs. 1,000. but the product will be sold at rs. 14 per unit in the foreign market. however, no additional capital expenditure will be incurredq-1. what is present profit of the company ? q-2. what is proposed profit of the company in new market? q-3.what is suggestion for new makret proposal whether proposal accept or not