All of the following are examples of noneconomic factors except: (a) Availability of resources (b) Goodwill (c) cost (d) Customer acceptance (e) None of the above

Q: Oil spill cleanup costs for a nation or region can be estimated by taking the average cost for the…

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A: Introduction: A break-even analysis is a tool used in economics to estimate a company's cost…

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Q: (1) Determine the contribution margin ratio. per unit Contribution margin Contribution Margin Ratio…

A: CONTRIBUTION MARGIN " IT SHOWS THE AGGREGATE AMOUNT OF REVENUE  AFTER VARIABLE COST TO COVER FIXED…

Q: Why is the calculation of the total cost is wrong. The below is the right numbers but it is…

A: Cost-Benefit Analysis:Cost-benefit analysis is one of the concepts applied to decide on the most…

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Q: Match the components to their appropriate costing categories. Prompts Submitted Answers Baking…

A: Baking ingredients for bread is the most significant input which is used by Baker to make bread .

Q: None

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A: With regards to economics and decision-making, an economic decision is any decision that people,…

Q: Given: TR = 193Q -4Q^2 TC = 1/3Q^3-12Q^2+179Q+100 (A). Find Q to get maximum profit (B). Find…

A: Answer;

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Q: Cost functions are derived from

A: # Cost function is a representation which helps in predicting the cost of good or service with…

Q: A company produces two types of solar panels per year: x thousand of type A and y thousand of type…

A: Answer: Given, Revenue function: Rx,y=3x+4y Cost function: Cx,y=x2-2xy+6y2+5x-28y-9 Profit= Revenue…

Q: Break-Even Point Hilton Enterprises sells a product for $62 per unit. The variable cost is $42 per…

A: The two primary types of costs that a corporation incurs when producing goods and services are…

Q: In Benefit/cost ratio analysis, if the salvage value is used to recover the first cost, it is being…

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Q: Large projects, such as a new tunnel under the Hudson, the Big Dig in Boston, the Denver airport, a…

A: Cost estimates is the term used by the producer to calculate a roughly idea of the price of the…

Q: Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of…

A: The measure that depicts the point total cost is in turn equal to the total revenue is known as the…

Q: If the cost of an imported high-speed assemblyline robot is $80,000 and the in-country cost for one…

A: The cost of the robot (CR) is $80,000. The cost of new robot (CNR) is $120,000. The new robot’s…

Q: Bags Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500 $2,200 200…

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A: The Break-even point is that level of output, beyond which the producer starts earning supernormal…

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A: The total income is the amount of money received after all quantities are sold at the going rate.…

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A: # the concept of utility relates to to the satisfaction derived from the consumption of a good or…

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A: The problem at hand falls within the topic of probabilistic decision-making. EMV stands for…

Q: Big Show drive-in has fixed costs of $ 6,916 per month and variable costs are $ 2.15 per ticket, if…

A: Fixed cost is independent of output produced.

Q: Eng eco. Q2 Consider the following data of a company for the year 1997: Sales = Rs. 1,20,000 Fixed…

A: Fixed Cost: It is the cost that remains constant at every level of output which means it does not…

Q: a) Find the Unit Contribution and the Breakeven Quantity. b) Determine the Total Contribution and…

A:

Q: Hilton Enterprises sells a product for $119 per unit. The variable cost is $68 per unit, while fixed…

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Q: A company sells one of its products for $10.40 per unit. Its fixed costs are $1,560 per month, and…

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Q: What evaluation criterion is used in economic analysis?

A: In economic analysis, while judging the viability of a project or while making any investments…

Q: During the Post-WWII "Baby Lpom" from 1946-1970, US GDP grew by an annualized per year; in…

A: Growth is calculated as the percentage change in the consumer price index of the current year to the…

Q: Economies of Scope refers to situations where per unit costs are:

A: Economies of Scope refers to situations where per unit costs are lower with more product types. This…

Q: The following are common examples of variable costs except A All of the above (B) Utilities…

A: The firms have to incur various types of costs to produce the goods and services in the economy. The…

Q: Cal Tech Inc. manufactures video games for "The Play Station III". Variable costs are estimated to…

A: GIVEN     Q = 1,000 - 4P 4P = 1,000 - Q P = 250 - 0.25Q

Q: tc(q)=4800+5q** find the ATC ATC=TC/q

A: TC= TFC+TVC where fixed cost is independent of output produced whereas variable cost varies with the…