Regulating electric utility prices on the basis of a fair rate of return on investment has resulted in Higher prices. Higher production costs. Lower production. An increase in profits in that industry. All of these statements are true
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Regulating electric utility
Higher prices.
Higher production costs.
Lower production.
An increase in profits in that industry.
All of these statements are true
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- University of Professional Studies, Accra (UPSA) was founded in 1965 as a private professional business education tuition provider. In 1999, by means of the Institute of Professional Studies Act, (Act 566), it became a tertiary institution with the mandate to provide tertiary and professional education in Accountancy, Management and related disciplines. The school has a student population of approximately 12,000. The school now have a state-of-the- art Students’ Center where food, snacks and drinks are served to students and staff. Nevertheless, a sizeable number of UPSA students patronize Auntie Ama’s (ATM) rice and beans food located at Madina Estate close to the Home-Made restaurant. In a quest to be able to predict the packs of rice Auntie Ama can sell in a month, she employed an economist to estimate the demand curve for her food. By sampling a total of 28 consumers, the economist estimated the demand function for Auntie Ama’s food as: Qxd= -175 – 1.5Px + 2.25Py + 0.5I +…There exists 3000 tons of a non-renewable resource (q). Demand is given by P=800−0.25q where P is price. Marginal cost is constant and equal to 200. Assume there are two choices: either to mine the resource today (period 0) or in the next period (period 1). Assume a discount rate of 3%.For each question state: 1.How much will be mined in period 0 and 1, respectively? 2.What is the increase in price in percent between the periods?Management has at its disposal the following information: Revenue function: R =2400Q – 30Q? The profit-maximizing price: P=240 OMR. Then the Profit-maximizing quantity is...
- Which of the following is not one of the pitfalls of a low-cost provider strategy? Multiple Choice overly aggressive price-cutting becoming so fixated on cost reductions that products become too features-poor cutting prices more than the size of a company's cost advantageA university spent $1.5 million to install solar panels atop a parking garage. These panels will have a capacity of 200 kilowatts (kW) and have a life expectancy of 20 years. Suppose that the discount rate is 10%, that electricity can be purchased at $0.30 per kilowatt-hour (kWh), and that the marginal cost of electricity production using the solar panels is zero. Hint: It may be easier to think of the present value of operating the solar panels for 1 hour per year first. Approximately how many hours per year will the solar panels need to operate to enable this project to break even? 1,468.26 2,936.51 3,230.16 4,111.11 If the solar panels can operate only for 2,643 hours a year at maximum, the project Continue to assume that the solar panels can operate only for 2,643 hours a year at maximum. break even. In order for the project to be worthwhile (1.e., at least break even), the university would need a grant of at least,University of Professional Studies, Accra (UPSA) was founded in 1965 as a private professional business education tuition provider. In 1999, by means of the Institute of Professional Studies Act, (Act 566), it became a tertiary institution with the mandate to provide tertiary and professional education in Accountancy, Management and related disciplines. The school has a student population of approximately 12,000. The school now have a state-of-the-art Students' Center where food, snacks and drinks are served to students and staff. Nevertheless, a sizeable number of UPSA students patronize Auntie Ama's (ATM) rice and beans food located at Madina Estate close to the Home-Made restaurant. In a quest to be able to predict the packs of rice Auntie Ama can sell in a month, she employed an economist to estimate the demand curve for her food. By sampling a total of 28 consumers, the economist estimated the demand function for Auntie Ama's food as: Qg = —175 — 1.5P, + 2.25Py + 0.51 + 0.75A…
- A university spent $1.6 million to install solar panels atop a parking garage. These panels will have a capacity of 700 kilowatts (kW) and have a life expectancy of 20 years. Suppose that the discount rate is 20%, that electricity can be purchased at $0.30 per kilowatt-hour (kWh), and that the marginal cost of electricity production using the solar panels is zero. Hint: It may be easier to think of the present value of operating the solar panels for 1 hour per year first. Approximately how many hours per year will the solar panels need to operate to enable this project to break even? 1,564.62 2,503.39 625.85 If the solar panels can operate only for 1,408 hours a year at maximum, the projectwould break even. Continue to assume that the solar panels can operate only for 1,408 hours a year at maximum. In order for the project to be worthwhile (i.e., at least break even), the university would need a grant of at leastYour college newspaper, The Collegiate Investigator, has fixed production costs of $90 per edition, and marginal printing and distribution costs of 50¢/copy. The Collegiate Investigator sells for 60¢/copy.a) Write down the associated cost, revenue, and profit functions.b) What profit (or loss) results from the sale of 300 copies of The Collegiate Investigator?c) How many copies should be sold in order to break even?One of the followings is not a primary purpose for product teardown: Competitive bench-marking. Experience and knowledge. Dissection and analysis. Individual enjoyment.
- Which of the following is considered an advantage of a sole proprietorship? Question 49 options: Limited sources of funds Ease of hiring qualified employees Limited liability Owner's role as a generalist Profits are not sharedGiven that MR = P"(1 + 1/Ep) = p*((Ep+1)/Ep) where Ep is the price elasticity of demand, if marginal cost is constant at $20 over the range of current potential production and the price elasticity of demand = -2.0, then the profit maximizing price to charge is: $35 $45 $30 $40University of Professional Studies, Accra (UPSA) was founded in 1965 as a private professional business education tuition provider. In 1999, by means of the Institute of Professional Studies Act, (Act 566), it became a tertiary institution with the mandate to provide tertiary and professional education in Accountancy, Management and related disciplines. The school has a student population of approximately 12,000. The school now have a state-of-the- art Students’ Center where food, snacks and drinks are served to students and staff. Nevertheless, a sizeable number of UPSA students patronize Auntie Ama’s (ATM) rice and beans food located at Madina Estate close to the Home-Made restaurant. In a quest to be able to predict the packs of rice Auntie Ama can sell in a month, she employed an economist to estimate the demand curve for her food. By sampling a total of 28 consumers, the economist estimated the demand function for Auntie Ama’s food as: Qxd= -175 – 1.5Px + 2.25Py + 0.5I +…