None Assume that the commuter is choosing to drive at a speed that minimizes thesum of her time and gasoline costs. For simplicity, assume that at this speed sheis at a point of tangency, where the marginal rate of technical substitution equalsthe price ratio for the two inputs.time spentcommuting(hrs)1 round trip to andfrom workglgallons of gasolineWhich of the following charts best represents the likely change from her initialchoice of inputs after the commuter gets a new job that is closer to home?

When the commuter gets a new job that is closer to home, the time spent commuting would decrease as…

Answered: Assume that the commuter is choosing to…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Solve the quantitative analysis problem below: Formulas: BEP : Fixed cost / (selling price per unit)-(variable cost per unit) : f / s - v profit : sX - f - vX (selling price per unit)(number of units sold) - [fixed cost + ( variable costs per unit)(number of units sold)] Jacob&Zach Co is a company that offers financial advice for people want to plan their retirement ahead of time. This company offers seminars and trainings on important topics related to retirement planning. For every seminar, the company rents a conference hall for P5,000.00. The company also spends a total of P7,500.00 to cover the cost of advertising and other expenses related to the conduct of the seminar. In every seminar, the company gives token to all attendees and each token costs P85.00. Lastly, the companycharges P350.00 per person who wants to attend seminar. Questions:1.) How many people should attend the seminar to break-even?2.) Given this BEP number, how much is thea. revenue?b. expenses?c.…
Isaiah Company uses a regression equation to analyze the behavior of its transportation costs (T) as function of travel time (H). They developed the following equation using two years' observation with a related coefficient of 85: T = 100,000 + P50HIf 500 hours of travel time were logged in one period, the related point estimate of total transportation costs would be __________ 121,250 106,250 125,000 110,000
Suppose the relevant carrying cost per unit per year was $20 and the relevant ordering cost per purchase order was $200. Suppose further that Alpha calculates EOQ after incorrectly estimating relevant carrying cost per unit per year to be $10 and relevant ordering cost per purchase order to be $400. Calculate the actual annual relevant total costs of Alpha’s EOQ decision. Compare this cost to the annual relevant total costs that Alpha would have incurred if it had correctly estimated the relevant carrying cost per unit per year of $20 and the relevant ordering cost per purchase order of $200 Calculate and comment on the cost of the prediction error.
Suppose that the utility function for two goods X and Y is given by U = x2y. (a) Write the equation of the indifference curve for a consumer who purchases 8 units of X and 25 units of Y. (b) If the consumer purchases 100 units of Y, how many units of X must be purchased to retain the same level of utility?
Answer the question on the basis of the following marginal utility data for products X and Y. Assume that the prices of X and Y are $4 and $2, respectively, and that the consumer's income is $18. Units of X 1 2 3 4 5 Marginal Utility, X Multiple Choice 20 16 12 8 6 4 4 of X and 5 of Y What quantities of X and Y should be purchased to maximize utility? O 2 of X and 1 of Y O 2 of X and 6 of Y Units of Y 1 2 3 4 5 6 O2 2 of X and 5 of Y Marginal Utility, Y 16 14 12 10 8 6
1) what is the breakeven selling price per unit for Product A? 2) For product C, assume the selling price cannot change., what variable cost per unit will result in breakeven at 150 units sold? 3) what is the breakeven unit sales for Product F. Do not give answer in image
Solve the quantitative analysis problembelow: Formulas: BEP : Fixed cost / (selling price per unit)-(variable cost per unit) : f / s - v profit : sX - f - vX (selling price per unit)(number of units sold) - [fixed cost + ( variable costs per unit)(number of units sold)] Jacob&Zach Co is a company that offers financial advice for people want to plan their retirement ahead of time. This company offers seminars and trainings on important topics related to retirement planning. For every seminar, the company rents a conference hall for P5,000.00. The company also spends a total of P7,500.00 to cover the cost of advertising and other expenses related to the conduct of the seminar. In every seminar, the company gives token to all attendees and each token costs P85.00. Lastly, the companycharges P350.00 per person who wants to attend seminar. Questions:1.) How many people should attend the seminar to break-even? 2.) Given this BEP number, how much is the a. revenue?b.…
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Month January February March April May June July August September October November December Occupancy-Days 2,640 2,860 980 2,420 2,090 4,470 4,020 3,940 1,630 1,090 1,390 2,910 Electrical Costs $ 13,200 $ 14,300 $ 4,900 $ 12,100 $ 10,450 $ 18,860 $ 17,160 $ 16,760 $ 8,150 $ 5,450 $ 6,950 $ 14,550
using the price p=20 - .05x, use the Revenue function to find the marginal Revenue function R'(x), Find a. R'(100)= b. R'(175)= c. R'(250)= The marginal Revenue R'(x) approximates how the revenue will change on the sale of the next item. a. Given R(100) = 642 and R'(100)= 18 then R(101) ≈ b. Given R(400) = 16,250 and R'(400)= -10 then R(401) ≈ c. Given R(1000) = 3500 and R'(1000) = 3 then R(1001) ≈
On the CVP graph, the next unit sold will increase total cost by an amnount equal to the Select one: O a Difference between contribution margin and fixed costs b.Selling price per unit minus the variable costs per unit c Variable costs per unit d. Contribution margin ratio e Selling price per unit
Direction: Read carefully and answer the questions below. Encircle the letter of the correct answer. 1. Which of the following is an example of a variable cost? а. interest b. ingredients с. insurance d. lease 2. What type of cost varies depending on the quantity of products being produced? а. fixed b. net sales с. total d. variable 3. Which among the following concepts is usually seen on the top item in an income statement from which all costs and expenses is subtracted to arrive at net income? a. fixed cost b. net sales с. total cost d. variable cost 4. When do we obtain the break-even point? When the fixed cost is equal to the total cost When the total cost is equal to the variable cost When the variable cost is equal to the fixed cost d. When the number of units of goods sold covers the all the costs а. b. с. 5. Which of the following is NOT true? а. The fixed cost does not vary over time. b. The total cost is the sum of the fixed cost and the variable cost. с. The total cost is…
If, Total Fixed cost OMR 32000, Selling price per unit OMR 20, and Variable cost per unit OMR 12. What will be the Margin of safety and profit if actual sales are OMR 85000? Select one: O a. Margin of Safety OMR 10000, Profit OMR 4000 O b. Margin of Safety OMR 26667, Profit OMR 16000 O c. None of the options O d. Margin of Safety OMR 5000, Profit OMR 2000

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