A store had monthly utility expense of $21,644. Determine the share for Department 1 (rounded to the nearest dollar), based on floor space for each department as follows:

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Q: In 2020, the annual wage "ceiling for workers aged 62-64 was $18,240 How large of a monthly Social…

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Q: A company determines that the demand function for a product can be modeled by p=220-0.02x where x is…

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Q: demand for a product is related to its selling price P (in dollars) by the equation n=2800-100p…

A:

Q: Find average revenue if output is 100 units and total revenue is $2000

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Q: Blissful Blankets' target profit is \\( \\$ 520,000 \\). Each blanket has a contribution margin of…

A: The concept can be described as the monetary gain that is attained when the revenue earned from…

Q: In this problem, p is in dollars and x is the number of units. The demand function for a product is…

A: Equilibrium of market is achieved when demand for goods and services are equal to supply for goods…

Q: If club members charge $9 admission to a classic car show, 1,000 people will attend, and for each $1…

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Q: If the firm is maximizing its profits when the price is $12, its total cost is: a) $1200 b) $700…

A: A competitive firm maximizes profit by producing at P=MC

Q: 19) A beverage company works out a demand function for its sale of soda and finds it to be…

A: Price Elasticity of Demand measures the percentage change in quantity demanded of a good or service…

Q: (d) If the point in (c) is the market equilibrium point where the supply is known to have constant…

A: "As stated by the client, I am providing answer to only part D". Car is a normal good and public…

Q: An oil-producing country estimates that the demand for oil (in millions of barrels per day) is D(p)…

A: Price elasticity of demand measures the magnitude of change in the quantity demanded for a good due…

Q: A commodity has a demand function modeled by p= 112 - 0.5x and a total cost function modeled by C =…

A: The profit is maximized where the Marginal revenue is equal to the marginal or MR= MC.

Q: Parkway Travel Tours is organizing a five-day trip from Toronto to Branson, Missouri, a family town…

A: A break-even chart is a graphical representation of the relationship between revenue, costs, and…

Q: Calculate the point of indifference for the following products: a) A i. Fixed costs = 2,070,550 ii.…

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Q: Bavarian Crystal Works designs and produces crystal wine decanters for export to international…

A: Given, Demand function: P=1,000−0.0025QP=1,000-0.0025Q Fixed cost = $1,000,000 Variable cost = $200…

Q: During March, Pipestem Resort budgeted for 27,000 customers, but actually served 25,000 customers.…

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Q: As the assistant manager of a restaurant, how many servers will you need given the following…

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Q: The total cost function for a product is given by C(x) = 3x3-9x² -243x + 1229, where x is the number…

A: Given cost function C(X)=3X3-9X2-243X+1229TC should be 50000 at least

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Q: If the price is 600, the demand is 30, and the unit cost of a computer per day is 55, the profit is…

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Q: For the cost and price functions below, find a) the number, q, of units that produces maximum…

A: The cost Equation is given as C(q) = 90 + 12q   The demand equation is given as P = 64-2q