Mrs Tobani who was earning an annual income of K4,000 decided to go into business in 2014 by investing his capital which was earning a return of K2,400. In 2014 his accounting profit was K6,000. Calculate: -Mrs Tobani’s total opportunity cost. -His economic profit.
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QUESTION 2
Mrs Tobani who was earning an annual income of K4,000 decided to go into business in 2014 by investing his capital which was earning a return of K2,400. In 2014 his accounting profit was K6,000.
Calculate:
-Mrs Tobani’s total
- A retail store conducted a study of the demand for trousers. It found that the average daily demand (Q) in terms of price (P) is given by the equation.Q = 700 – 5P
-How many trousers per day can the store expect to sell at a price of K100 per trouser?
-If the store wants to sell 1000 trousers per day, what price should it charge?
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- at a subscription price of $12.99 per month the peloton app has 874,000 digital subscribers . pelton's accountant is preparing the company's monthly financial statement. what is peloton's monthly total revenue? A.11,353,260 b.873,987 c.874,013 d.67,283Thank you . Need correct answer !! And explain pleasePROBLEM SOLVING. Solve for what is asked far. Use the space provided for your answer and complete solution. 1. Lee, a programmer, earned P350,000 in 2010, but in 2011, he began to manufacture compute monitors. After one year, he submitted the following data to his accountant. • He stopped renting out his cottage for P35,000 a year and used it as his factory. • The market value of the cottage increased from P700,000 to P710,000. • He spent P50,000 on materials, phone, utilities, etc. • He leased machines for P100,000 a year. • He paid P150,000 in wages. • He used P100,000 from his savings account, which pays five 5% interest a year. • He borrowed P400,000 at 10% a year from the bank. • He sold P1,600,000 worth of monitors. • Normal profit is P250,000 a year. Compute for the following: • Lee's explicit costs ( • Lee's implicit costs (. • Lee's economic profit
- Course dashboard Soru 15 SCENARIO 1 You are the owner and only employee of a company that writes computer Henüz software that is used by gamblers to collect sports data. Last year you earned a total revenue cevaplanmadı of $90,000. Your costs for equipment, rent, and supplies were $60,000. To start this business 4 üzerinden you invested an amount of your own capital that could pay you a return of $40,000 a year. ışaretlenmiş Refer to Scenario 1. During the year your economic costs were P Soruyu işaretle Lütfen birini seçin: O A $30000 OB$130000 O C.S 60000 ODS 40000 O ES 100000 SONRAKİ SAYFA ÖNCEKİ SAYFA 日 O Aramak için buraya yazın13. A company finds that it can sell out a certain product that it produces, at the rate of Tk. 2 per unit. It estimates the cost function of the product to be Tk. 100 오 2 50 for q units produced. (i) Find the expression for the total profit, if q units are produced and sold. (ii) Find the number of units produced that will maximize profit. (iii) What is the amount of this maximum profit? (iv)What would be the profit if 6000 units were produced?1-18 Katherine D’Ann is planning to finance her college education by selling programs at the football games for State University. There is a fixed cost of $400 for printing these programs, and the variable cost is $3. There is also a $1,000 fee that is paid to the university for the right to sell these programs. If Katherine was able to sell programs for $5 each, how many would she have to sell in order to break even?