A company that initially enters a market is known as a first mover. The company launching a new product is referred to as the first mover when it debuts on the market for the first time.
As a first mover, it has the following benefits:
Since it is the only company active in the market, it has price control. As a result, a sizable economic profit is made.It is simple to increase customer loyalty to the brand. As a result, it will be possible to create a steady consumer base that will ensure the product's continued selling.With no rivals, the company will have enough time to fix any product flaws.But as a mover, there are some restrictions:
Market is completely unknown. Therefore, the company is unaware of how well the product will sell. The company will lose money if it is rejected. It must shut down for business.Since there is no competition, the firm does not feel any need to increase quality or productivity. Customers miss out on better products at reduced prices as a result.The cost is high owing to monopoly. A large number of potential buyers won't be able to purchase. Maximum economic welfare is not achieved.Here are a few instances of early adopters who have achieved success in business:
E movers The company was the first to launch an online auction. Specifically, 1995.The pioneer in the soft drink sector is the multinational Coca-Cola.Learn more about First mover, here
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tom wishes to purchase a property that has been valued at $300,000. he has 25% of this amount available as a cash deposit, and will require a mortgage for the remaining amount. the bank offers him a 25-year mortgage at 2% interest. calculate his monthly repayments. give your answer in dollars and cents. do not include commas or the dollar sign in your answer.
Mortgage at 2% interest in his monthly repayments for 25years as follows:
Given,
Total property value = $300000
Cash deposit rate = 25% or 0.25
Term of mortgage = 25 years
Interest rate = 2% or 0.02
Solution: -
Mortgage amount = Total property value x (1 - cash deposit rate)
= $300000 x (1 - 0.25)
= $300000 x 0.75 = $225000
Monthly interest rate (r) = 0.02/12 = 0.0016666666666667
Number of months (n) = 25 years x 12 = 300
Now,
Monthly repayment = (Mortgage amount x r) \div [1 - (1 + r)-n]
= ($225000 x 0.0016666666666667) \div [1 - (1 + 0.0016666666666667)-300
= $375 \div [1 - (1.0016666666666667)-300
= $375 \div [1 - 0.60678315291087]
= $375 \div 0.39321684708913 = $953.67
So, his monthly payment is $953.67 ANS.
Divide your hobby fee through the quantity of bills you may make that year. If you've got a 6-percentage hobby fee and you are making month-to-month bills, you will divide 0.06 through 12 to get 0.005. Multiply that quantity through your ultimate mortgage stability to discover how tons you may pay in hobby that month.
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Organizational, budgetary, and administrative functions of national parties are the responsibility of.
Organizational, budgetary, and administrative functions of national parties are the responsibility of national parties' committees.
They could make coordinated party expenses on behalf of House, Senate and presidential nominees. Moreover, they've better limits at the contributions they boost than different committees. A political national party is a corporation that coordinates applicants to compete in a specific country's elections. It is not unusual place for the contributors of a celebration to maintain comparable thoughts approximately politics, and events can also additionally sell precise ideological or coverage goals.
Functions of political events Competitive elections.
Political events compete in elections to win a majority and shape a government.Policies and programs. Law making.Create and run a government. Role of the Opposition.Formation of Public Opinion.Learn more about expenses here:
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a project has a 0.92 chance of doubling your investment in a year and a 0.08 chance of halving your investment in a year. what is the standard deviation of the rate of return on this investment? (do not round intermediate calculations. round your answer to 2 decimal places.)
40.69 % is the standard deviation of the rate of return on this investment.
Economically, an investment is the purchase of goods that are not consumed today but are used to accumulate wealth in the future. In the financial world, an investment is a financial asset that is purchased with the idea that the asset will generate additional income or will be sold later for a profit at a higher cost.
How does investing work? Simply put, investing works when you buy assets at a low price and sell them at a high price. This type of investment return is known as capital gain. Selling assets for a profit for a return or capital gain is one way to make money with your investments.
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1) the index number representing the price level changes from 110 to 115 in one year, and then from 115 to 120 the next year. since the index number increases by five each year, is five the inflation rate each year? is the inflation rate the same each year? explain your answer.
No. The inflation rate is the percentage change in the price index rather than the number of points changed. In the example, the first-year inflation rate is (115 - 110)/110 = 4.55%. The second-year inflation rate is (120 - 115)/115 = 4.35%.
What is inflation rate?Inflation is defined as an increase in the price of goods and services purchased by households. The rate of change in those prices is used to calculate it. Prices typically rise over time, but they can also fall (a situation called deflation). Consumer prices rose 9.1 percent in the fiscal year ending June 2022, the highest increase in 40 years: U.S. Bureau of Labor Statistics: The Economics Daily According to U.S. Labor Department data published on October 13, the annual inflation rate in the United States is 8.2% for the 12 months ended September 2022, up from 8.3% previously. The next inflation report is scheduled for November 10 at 8:30 a.m. ET.To learn more about inflation rate, refer to:
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What is the mathematical formula that you would use to describe the financial activity on a bank statement?
The mathematical formula that you would use to describe the financial activity on a bank statement is: ending balance = previous balance + deposits- withdrawals.
What is bank statement?Bank statement can be defined as the statement that help to show the transactions that happens in your accounts on a daily basis.
The transactions shown in your bank statement are the amount you withdraw and the amount you deposited which why a bank statement often has both a debit and a credit side.
Therefore we can conclude that the formula help to summarize the financial activity that take place in your account.
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The mathematical formula that will use to describe the financial activity on a bank statement is: Ending balance = previous balance + deposits- withdrawals.
What is a bank statement?A bank statement is a list of all transactions of money of a person. It contains the amount of money a person deposits and the amount of money he withdraws. It contains the dates and times of deposition and withdrawal.
The money that is withdrawn is debited money, and the money deposit is credit money.
Therefore, the mathematical formula is ending balance = previous balance + deposits- withdrawals.
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redesign the process so that it can achieve the desired output. b use an alternative process that can achieve the desired output c retain the current process but attempt to eliminate unacceptable output using 100% inspection d see whether specs could be relaxed without adversely affecting customer satisfaction. e all of the above
If the process is in control but not capable, I will redesign the process so that it can achieve the desired output.
Following the creation of strategies and plans, management's main task is to take action to see that they are carried out or, if circumstances call for it, amended. This is the primary management characteristic of redesign and control. Because management often involves guiding the actions of others, a key component of the control function is making sure other people carry out the necessary tasks.
Process redesign is a strategy for ensuring that a certain collection of interconnected tasks is carried out accurately and as effectively as possible. The management literature is replete with advice on how to improve manipulation. An overview of a few different types of dimensions and feedback procedures is typically included in this advice.
Complete Question
if the process is in control but not capable, what would you do? a redesign of the process so that it can achieve the desired output. b use an alternative process that can achieve the desired output c retain the current process but attempt to eliminate unacceptable output using 100% inspection d see whether specs could be relaxed without adversely affecting customer satisfaction. e all of the above.
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a portfolio business that generates operating cash flows over and above internal requirements, thereby providing financial resources that may be used to finance new acquisitions, fund share buyback programs, or pay dividends, is commonly called a multiple choice cash hog. cash cow. star business. question mark. cash dog.
A cash cow is a portfolio business that generates operating cash flows over and above internal requirements, thereby providing financial resources that may be used to finance new acquisitions, fund share buyback programs, or pay dividends.
What is portfolio?
A portfolio is a group of financial investments such as stocks, bonds, commodity markets, cash, and cash equivalents, which may include closed-end funds and exchange traded funds (ETFs). People commonly believe that stocks, securities, and cash form the foundation of a portfolio. While this is frequently the case, it does not have to be the rule. A portfolio may include a diverse range of assets, such as real estate, art, and investments.
You can hold and manage your portfolio a do, or you can have it managed by a money manager, money manager, or another finance professional.
Therefore, the correct option is (B) cash cow
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if a government wants to obtain the maximum tax revenue it should a. assess the highest possible tax rate. b. not assess the highest possible tax rate. c. use static tax analysis. d. use an ad valorem system for collecting taxes.
If a government wants to obtain the maximum tax revenue it should b. not assess the highest possible tax rate..
Revenue is the whole amount of income generated by using the sale of goods and services related to the primary operations of the commercial enterprise. Business revenue will also be referred to as sales or as turnover. Some companies acquire revenue from interest, royalties, or different fees.
Sales is the entire quantity of income generated by way of the sale of goods or offerings associated with the agency's number one operations. sales, also known as gross sales, is frequently called the "top line" because it sits at the pinnacle of the profits announcement.
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which of the following best describes corporate governance? a. understanding the difference between right and wrong b. what is permitted under the law c. the system of policies, processes, laws, and regulations that affect the way a company is directed and controlled d. the moral quality, fitness, or propriety of a course of action that can injure or benefit people
c. the system of policies, processes, laws, and regulations that affect the way a company is directed and controlled
Renters insurance is insurance that covers what?
A: The cost of rebuilding the home
B: The cost of the rental payments for two years.
C: The cost of replacing the home or apartment
D: The loss of a renter's possessions
Renters insurance is insurance that covers D: The loss of a renter's possessions.
What is Renters insurance?Renters insurance can be described as the form of the insurance that help in the protection of the personal property that someone has in a rented apartment.
It should be noted that this insurance is been used by the people that do use condo or home and on the long run they experience unexpected circumstances.
These circumstances can be theft, a fire or sewer backup damage however whenever this damages occur the insurance company will come around to come and inspect the damages and they will help to savage the situation, because their will be some of the charges that the person would have agreed to be paying to the insurance company which would be o some basis, for instance some of the company do accept the payment on the monthly basis, while some of the company do collect te payment on the quarter of the year.
Therefore, option D correct.
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as a financial coach, your client is retiring today with $812365 in retirement savings. you have worked with her to invest that money in a stable account paying a guaranteed rate of 9.1 percent. she will need to make ordinary withdrawals over the expected 135 months of her remaining life. your client is an only child and has no living family members. she has already paid for her funeral and now plans to withdraw her money at the end of every month in equal monthly installments until her account is completely depleted. how much are her monthly payments?
Her monthly payments is $6017.52. A savings account is a simple type of financial product that allows you to deposit funds and earn a small amount of interest.
What is savings account?A business savings account is a bank account where you can save money for future business needs. When you need money, you can get it quickly and easily from your savings account. Depending on your bank, you can choose from a variety of savings accounts. A savings account is a simple type of financial product that allows you to deposit funds and earn a small amount of interest. These accounts are federally insured up to $250,000 per account owner and provide a secure place for your money to grow while earning interest.Business savings accounts can be used for a variety of purposes, including saving for unexpected or planned expenses, earning interest, preventing overdrafts, and increasing security measures. Minimum balances and opportunity costs may apply to business savings accounts.To learn more about savings account, refer to:
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suppose you win the lottery with a jackpot of $30 million. but that's $30 million if you wait 25 years to get your payout. what is the value you could get today if the interest rate is 7%? group of answer choices $1,200,000 $5,527,475.33 $162,822,979.20 $6,236,094.54
The value that can be received today is $5,527,475.33 if the interest rate is 7%.
The value that can be received today if the interest rate is 7% can be calculated by using the formula for compound interest. This formula can be given as;
A = P (1 + r/n)^nt
Here, A represents the final amount, P represents the initial balance (which we have to find in this case), r represents the interest rate, n illustrates the number of times interest applied per time period and t represents the number of time periods elapsed.
Now by substituting the given values, we can find the value that can be received today as follows;
A = P (1 + r/n)^nt
30,000,000 = P (1 + 0.07/1)^25×1
30,000,000 = P (1 + 0.07)^25
30,000,000 = P (1.07)^25
P = 30,000,000 ÷ (1.07)^25
P = 5,527,475.33
Therefore, the value that can be received today is calculated to be $5,527,475.33
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which of the following would be least likely to cause the production possibilities curve to shift outward? group of answer choices an invention that requires fewer resources to produce a good. a shift in consumer preferences that causes expansion in the output of one product and a decline in output of other products. an expansion in the man-made productive resources available to the economy as the result of a high rate of investment. a decreased desire for leisure by workers in the economy.
Things that alter an economy's output, like technological advancements, resource changes, increases in education or training (this is what we refer to as "human capital"), and adjustments to the labor force, generate shifts in the production possibilities curve.
South America has been one of the most dynamic places for natural gas in recent years. Ample gas supplies and rapidly expanding energy markets are found on the continent. Many nations encourage using natural gas, particularly for electricity generation, to diversify away from hydropower and oil.
An economy's production possibility curve won't move to the right due to reduced unemployment because resources won't grow.
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the consequences of legislation enacted to cancel budget authority previously provided by congress before the time when the authority would otherwise lapse (i.e., cease to be available for obligation) is called: group of answer choices
In legislature, any consequences of legislation enacted to cancel budget authority previously provided by Congress before the time when the authority would otherwise lapse is called a rescission.
What do we need to understand about rescission?In legal term, a rescission refers to when a contract is rendered null and void, and so is no longer recognized as legally binding. As such, the ruling courts can free the non-liable parties from their agreed obligations and will effectively seek to restore them to the position they were in before the contract was signed.
In contract law, a rescission can always occur when there is a material error in the contract, evidence of fraud, a lack of legal or mental capacity as well as other applicable circumstances.
In a typical court, the rescission is seen as an equitable remedy and is discretionary and a synonym for termination at law. A ruling court may decline to rescind a contract if one party has affirmed the contract by his action or a third party has acquired some rights or there has been substantial performance in implementing the contract.
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roth company has current sales of 28,900 units and each unit sells for $130 per unit. break-even sales are 25,721 units. what is the margin of safety in dollars?
The dollar amount of the margin of safety is 413270.
A company's margin of safety is the amount of revenue it generates that is greater than its break-even point. Break-even sales are subtracted from actual sales to determine the margin of safety.
Break-even sales = 25,721 x $130 = 3343730 Margin of safety = 3757000 - 3343730 = 413270 The dollar amount of the margin of safety is 413270. Total Sales = 28,900 x $130 = 3757000.
How is the margin of safety calculated?The difference between the expected profitability and the break-even point is the margin of safety. Divide current sales by the breakeven point to arrive at the margin of safety formula.
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if a company uses straight-line depreciation, the average investment is calculated as: (check all that apply.) multiple select question. (beginning book value - salvage value)/2. (beginning book value salvage value)/2. (initial investment salvage value)/2. initial investment - salvage value)/2.
The average investment is determined using straight-line depreciation as follows: Average Investment = (Beginning Book Value + Salvage Value)/2.
Investments on average mean:
The start-up capital or sum of money required to launch a firm can be referred to as average investment.
Using the straight-line method The formula below can be used to get the average investment:
Average Investment equals (Starting book value + Salvage value) / 2.
Conclusion The average investment is equal to (starting book value plus salvage value) / 2.
Subtract the initial cash investment from the capital asset's projected residual value. By dividing this sum by the number of years the asset will be in use, you can calculate yearly depreciation. Depreciation is subtracted from the projected cash flow.
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The average investment is determined using straight-line depreciation as follows: Average Investment = (Beginning Book Value + Salvage Value)/2.
Investments on average mean:
The start-up capital or sum of money required to launch a firm can be referred to as average investment. Using the straight-line method The formula below can be used to get the average investment: Average Investment equals (Starting book value + Salvage value) / 2. Conclusion The average investment is equal to (starting book value plus salvage value) / 2. Subtract the initial cash investment from the capital asset's projected residual value. By dividing this sum by the number of years the asset will be in use, you can calculate yearly depreciation. Depreciation is subtracted from the projected cash flow.
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the net realizable value of accounts receivable represents an estimate of the amount of the accounts receivable that a company realistically expects to collect. this statement is
Accounts receivable are represented at their net realizable value, which is the sum of money anticipated to be received.On the basis of past patterns and other pertinent data, losses from problematic accounts are foreseen and eliminated. This statement is true .
What is the net realizable value of accounts receivable?The net amount of accounts receivable that will be collected is referred to as NRV for accounts receivable.This is the gross amount of receivables less any provision for doubtful accounts, which subtracts the amount from the total amount of receivables that the business does not anticipate receiving. The amount by which the forecasted selling price of an asset exceeds the total of any additional costs anticipated to be incurred during the sale of the asset is known as Net Realisable Value (NRV).When valuing inventory, NRV is quite important. The cash sum that a corporation anticipates receiving is known as net realizable value (NRV).Consequently, net realizable value is also known as cash realizable value.The terms "net realizable value" and "current assets" are frequently used in relation to inventory and accounts receivable. Accounts receivable are often listed as "accounts receivable, net" on a company's balance sheet.This refers to net realizable value, which is defined as accounts receivable less the amount set aside for dubious or uncollectible accounts.To learn more about net realizable value refer
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yazou, inc. has property that has become outdated, but still has some value. if yazou wants to recognize the loss associated with the outdated property, it should:
For tax purposes, a corporation that distributes property that has increased in value will treat the distribution as if it had sold the property to the shareholder at its fair market value.
However, the corporation does not suffer any losses from the distribution of property whose value has decreased.
The S Corporation gain is distributed to all S Corporation shareholders based on their share ownership percentage when appreciated property is distributed to a single shareholder. This gain could come from capital or regular income.
How is gain or loss on liquidation calculated?This is determined by starting with the higher of the carrying amount of liabilities assumed by shareholders or the fair market value (FMV) of the distributed assets. After that, deduct the assets' adjusted tax basis. The gain or loss to be acknowledged is your response.
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when making historical comparison's of one's income, is it better to use real income or nominal income for the basis of your comparison? explain why one makes a better comparison than the other.
when making historical comparison's of one's income it is better to use real income
What distinguishes real from nominal income, and why is real income more significant?
Real income, commonly referred to as real salary, is the amount of money that a person or organisation actually makes after accounting for inflation. Real income is distinct from nominal income, which does not undergo any modifications. To have the best knowledge of their purchasing power, people frequently closely monitor the difference between their nominal and actual income.
hence , we can say real income is better when making historical comparison's of one's income
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madsen motors's bonds have 12 years remaining to maturity. interest is paid annually, they have a $1,000 par value, the coupon interest rate is 12%, and the yield to maturity is 14%. what is the bond's current market price? round your answer to the nearest cent.
Market Value of the Bond is $304 when bonds have 12 years remaining to maturity and interest is paid annually, they have a $1,000 par value.
According to given data
Assuming the Face value of the bond is $1,000
Coupon payment = C = $1,000 x 12% = $120 annually
Number of periods = n = 12 years =
Current Yield = r = 14% / 2 = 7% semiannually
Market Value of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ $1,000 / ( 1 + r )^n ]
Market Value of the Bond = $120 x [ ( 1 - ( 1 + 14% )^-12 ) / 14% ] + [ $1,000 / ( 1 + 14% )^12 ]
Market Value of the Bond = $96 + $ 208= $304
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suppose the median household earned $9,243 in 1976 and $52,765 in 2016. during that time, also suppose the cpi rose from 48.2 to 214.68. instructions: round your answers to one decimal place. a. the total growth rate in nominal median household income from 1976 to 2016 was: %. b. the total growth rate in real median household income from 1976 to 2016 was:
The overall nominal growth rate is 469.40%, whereas the actual growth rate is 28.5%. The concept of nominal growth rate describes how an economy is rated in terms of production, which includes determining current prices.
Real growth rates also consider the actual advancement a nation has made over a period of time.
a) The nominal growth rate overall
= [1 - ((Earned Income in 1976 / Earned Income in 2016)] x 100%
= [(52,624 / 9,242) - 1] x 100%
= 469.40%
=$9243/0.482=19176.3
=$52765/2.14=24656.5
Total Growth Rate=[(24656.5/19176.3)-1]x 100
=28.5
b) Rate of overall real growth = [(2016 Real Earned Income / 1976 Real Earned Income) - 1] * 100%
But,
Actual earnings in 1976
= 1976 CPI / 1976
Earned Income
= $9,242 / 45.06%
=$20,267.54
Actual earnings in 2016
= 2016 earned income / 2016 CPI
= $52,624 / 219.75%
=$20,267.54
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positive impact of international trade on bhutanese economy
in a blank relationship, the supply chain members are partners who intend to maintain the relationship for quite some time and invest in ventures that will be profitable for all involved. multiple choice question. franchise contractual supply chain strategic
A distribution channel is a network of companies or middlemen that goods and services travel through before they are delivered to the final customer, including producers, warehouses, shipping hubs, retailers, and the internet relationship.
It aids in mutual strategy understanding among supply chain participants relationship.It assists supply chain participants in identifying potential issues. It enables supply chain participants to customize their responsibilities inside the network. A dispute could arise between the toy maker and the wholesaler in charge of shipping to retailers if the manufacturer learns that their products are arriving at retail locations later than expected relationship. When it comes to the receipt, processing, storage, and distribution of commodities, distribution centers are designed to improve efficiency, which results in less money being wasted on paying for temporary storage, handling stockouts customer or losing clients as a result of incomplete or delayed orders. By making Stan's items available when customers want to buy them, intermediaries can save customers time. The most straightforward distribution channel is level zero. There is no middleman involved; sales are made directly to consumers from manufacturers. Level One: Between the producer and the customer, there is just one intermediary in a level one channel.
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which description best fits the adhocracy organizational culture? multiple choice question. best suited to companies that have established a stable market driven by competition and a strong desire to deliver results, productivity, and profits adaptable, creative, and quick to respond to marketplace changes structured work environment aimed at achieving effectiveness and efficiency
It basically comes down to compatibility between an employee and an organization; it's about how well a candidate's personal convictions and ethical standards line up with the goals, principles, and culture of your business.
Which of the following descriptions of corporate culture is accurate?
There is typically just one dominant type of culture in organizations. Organizations may have subcultures, but they often have a single dominant culture rather than multiple. The company's principles and ideas are reflected in the dominant culture.
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you find a zero coupon bond with a par value of $10,000 and 18 years to maturity. the yield to maturity on this bond is 5 percent. assume semiannual compounding periods. what is the dollar price of the bond?(do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The value of the zero coupon bond is 4156.27
At maturity, a zero-coupon bond is redeemed for its face value. The bond does not pay any more interest payments aside from that. Instead, the bond usually trades at a significant discount to its face value.
Par value of the bond = $10,000
Years to maturity = 18 years
Yield to maturity rate = 5%
Compounding semi-annually
Using the formula to calculate the price of the bond:
Zero coupon bond = F/(1 + r)^T
where F = face value/par value
r = rate of yield
t = time in years
Substituting the values in the formula, we get:
Zero coupon bond = 10000/(1 + 5%)^18
= 10000/(1.05)^18
= 10000/2.406
= 4156.27
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the extent to which the demand for a good changes when the price of a substitute or complement changes, other things remaining the same, is measured as the:
The Cross elasticity of demand is a measurement of how much a good's demand changes when the price of a substitute or complement changes while other factors stay constant.
Explain the concept of Cross elasticity of demand?How responsively people buy more of one commodity when the price of another good rises is measured by an economic concept known the cross elasticity of demand. This statistic, which is also known as cross-price elasticity of demand, is determined by dividing the percentage change in the quantity demanded of one commodity by the percentage change in its price.
How the price of one of the commodities affects the demand for the other is examined by the cross elasticity of demand. It serves as an example of how the relative shift in demand for one good changes as the price of the other rises or falls. Products with no alternatives can command higher prices since there is no cross-elasticity of demand to take into account.
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Which of these stores uses a fulfillment center? A: 7-11 B: Dunkin' Donuts C: Amazon D: Comet Dry Cleaner
Amazon uses a fulfillment center. Thus, option C is correct.
What is a fulfillment center?The order fulfillment center is typically seen as the customer of packaging, receptacles, or sections of canisters it employs to maintain, safeguard, and contain the products which it packages, loads, or sends to the representative of the product seller.
Organizations can subcontract purchase processing to Amazon using the Logistics by Amazon service. Manufacturers transport their goods to Amazon distribution centers, where we choose, package, and ship orders whenever customers make purchases.
Therefore, option C is the correct option.
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true or false: the cost of a plant asset includes not only the acquisition price but also all reasonable and necessary expenditures to prepare the asset for use.
It is true that the cost of a plant asset includes not only the purchase price but also any reasonable and necessary costs associated with getting the asset ready for use.
A plant asset's acquisition cost is the amount of cash or cash equivalents paid to acquire and install the asset in its proper location. As a result, the cost includes everything that is typical, reasonable, and required to acquire the asset and prepare it for use.
How is a plant asset's cost determined?The amount of cash actually paid by an individual or organization is used to calculate the cost of a plant asset in a cash transaction.The cash equivalent price paid is used to measure the cost of a plant asset when the non-cash transaction is used.Learn more about plant asset here:
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alexa owns a coffee shop. the following information is from her accountant: expenses: advertising $37.00 coffee, cups, sweetener, flour, etc. $7.69 per cup of coffee and a muffin monthly rental $145.00 what will her break even point be if she sets the price for coffee and a muffin at $11.69.
Alexa must sell 17 coffee and muffins to break even
Advertising expense = $37.00
Coffee, cups, sweetener, flour etc expense = $7.69
Rent = $145.00
Total cost = 37 + 145 + 7.69
= 189.69
Price of coffee and a muffin = $11.69
Let x be the number of coffee and muffin being sold by Alexa:
The break-even threshold is reached when overall costs and total revenues are equal, leaving your small firm with no net benefit or loss. In other words, you've achieved the point in production where the revenue from a product equals the cost of manufacture.
Break-even point:
11.69x = 189.68
x = 16.22 or 17
So, she must sell 17 coffee and muffins
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the marginal propensity to consume is: group of answer choices total consumption in a given period divided by total disposable income the fraction of each additional dollar of disposable income spent on consumption the percentage of total disposable income spent on consumption that part of the consumer dollar that goes to the purchase of investment goods
The percentage of every additional dollar of disposable income spent on consuming is known as the marginal propensity to consume. Here option B is correct answer.
The marginal propensity to consume (MPC) is a concept used in economics to describe the portion of a customer's overall income rise that they spend on spending rather than saving.
The marginal propensity to consume (MPC) index measures the proportional increase in spending that occurs with income growth. It quantifies the portion of additional income that is spent on consumption as opposed to savings, to put it another way. The Keynesian economic theory uses MPS most commonly.
MPS is simply calculated as the difference between the observed change in income and the observed change in savings. A consumer's marginal propensity to save (MPS), in accordance with Keynesian economic theory, is the portion of an increase in overall income that they decide to save as opposed to spending on goods and services.
Complete question:
The marginal propensity to consume is:
A - Total consumption in a given period divided by total disposable income
B - The fraction of each additional dollar of disposable income spent on consumption
C - The percentage of total disposable income spent on consumption that part of
D - the consumer dollar that goes to the purchase of investment goods
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