Amazing is evaluating three locations for a second headquarters. Costs for construction at location A are $18,900,000, Location B are $21,700,000 and Location C are $23,300,000. Variable costs for Location A are $16, Location B are $14 and Location C are $12. The company plans to sell products for $27. What is the optimal location strategy for Amazing, identify volumes and locations? (use excel to show formulas used)
Q: Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and…
A: The current output/month= 1800 The current labor input/month= 8×640$=5120$ The current capital…
Q: major league baseball plans to sell special commemorative jerseys for the world series. the…
A: C(x)= 10x2-680x-20,000 MLB plans to sell them for 120 dollars each
Q: se give detail answer I will definitely upvote
A: In GDP calculation, only the services given by other with monetary terms will be included in GDP.…
Q: ADJ Enterprises produces hydrothermocorticoids. Consider the following facts about ADJ and the…
A: The conditions described above indicate a state of perfect competition where the price is decided by…
Q: Roger Clark obtains long-stem roses from Fred’s Flowers each Friday for sale to the public. Fred…
A: Demand: It refers to the goods and services that people buy or purchase for their consumption. The…
Q: Suppose the firm achieves total revenue of $1,000 by selling 150 units while facing total costs of…
A: The marginal revenue must be compared to the marginal cost of production to know if the firm must…
Q: The marginal cost of supplying another unit of output of an electronic product on the internet is…
A: Marginal cost is the cost incurred on one additional unit produced as output
Q: You are a manager of a firm that experiences economies of scope between all the products…
A: Economies of scope are cost advantages that result when firms provide a range of products instead of…
Q: COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a…
A: It would cause decline in supply and thus causing leftward shift of the supply curve.
Q: The World of Videos operates a retail store that rents movie videos. For each of the last 10 years,…
A: In the field of economics, the economic profit is calculated by subtracting the total cost of…
Q: All of the costs associated with a principal interacting with an agent are called Group of answer…
A: In economics, agency cost occurs when the principal (who is an organization or a firm) interacts…
Q: ution at Hewlett Packard well-managed organizations do not always work as efficiently and…
A: Answer 1: The team is expected to oversee and design the complex project because of the…
Q: (Explicit and Implicit Costs) Amos McCoy is currently raising corn on his 100-acre farm and earning…
A: Given: Total revenue = 100 Cost (Explicit+Implicit) = 200
Q: When price is _______ average cost of production, profits are ______ due to ________ averate…
A: Introduction this topic is related cost of production
Q: Roger Clark obtains long-stem roses from Fred's Flowers each Friday for sale to the public. Fred…
A: Demand refers to the goods or services that people are willing to buy with their given purchasing…
Q: COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a…
A: If the number of travelling nurses increases by 3%, the weekly pay of travelling nurses decreases by…
Q: Find the maximum profit and the number of units that must be produced and sold in order to yield the…
A: We have given the revenue function R(x)=7x-4x2 .... (1) Cost function: C(x)=x3-5x2+4x+1…
Q: Engineering increases the miles per gallon of gas rating (Mg) by 10 miles per gallon. The manager of…
A: Since, As the coefficient of Mg(Miles per gallon) is 10 which means with 1Mg per gallon of gas…
Q: Which of the costs discussed in the chapter is the most important when a firm is deciding how much…
A: The analysis of all costs is necessary for a firm. But analyzing marginal cost is most important.…
Q: Shopify, a well known Canadian firm is currently maximizing profit. If that is the case, Shopify…
A: Given: Canadian firm is maximizing profit.
Q: Your company has invested $5 million in developing a new product, but the development process isn’t…
A:
Q: COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a…
A: We are going to use present value concept to answer this question. Suppose we have future cash flows…
Q: In the drawing below, you are asked to valuate a residential area. A similar residential area of 40…
A: Answer: Valuation of the similar residential area: 40 m x 50 m=$184,500 Therefore, the cost of the…
Q: Extreme Manufacturing Company provides the following ABC costing information: Activities Total Costs…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Everything U Want Stores is trying to decide whether to keep or drop the hardware department in its…
A: Sunk cost refers to the cost which once incurred can not be recovered. The opportunity cost is…
Q: Opportunity costs are an important consideration for managers when deciding whether to accept…
A: Cost refers to the sum of money a corporation spends on making or producing products or services.…
Q: COVID-19 has caused several shortages: paper products, hand sanitizer, and even nurses. When a…
A: It makes sense for nurses to quit the regular job and to take travelling nurse job as the pay of…
Q: Calculate the total revenue if explicit costs of the firm are $400 and the accounting profit is $850
A: Given information is :- Explicit costs = $400 Accounting profit = $850 We need to find the value of…
Q: Total Revenue $5,000 per Week $2,600 per Week $2,400 per Week Total Variable Cost Total Fixed Cost…
A: Total revenue = 5000 $ Total cost = Total variable cost + Fixed cost = 2600 + 2400 = 5000 $ As the…
Q: Bob's lawn mowing service is a profit maximizing, competitive firm. Bob mows lawns for $27 each. His…
A: Total cost is the sum of Fixed cost and variable cost. Fixed cost remains same at all levels of…
Q: Which of the following is true? AVC=ATC+AFC. AFC will go up in the beginning but will eventually…
A: a) ATC=AFC+AVCAVC=ATC-AFC
Q: Design a process flowchart for hotel staff who are in charge of getting online room bookings and…
A: A flowchart can be expressed as a representation of a method or an algorithm in a sequential style…
Q: In merging with Air Jamaica, Caribbean Airlines sought to gain an advantage from operating with…
A: Economies of scale: When a firm produces at a very large scale resulting in a fall in the average…
Q: Consider an airline's decision about whether to cancel a particular flight that hasn't sold out. The…
A: Since you have posted a question with multiple sub parts, we will solve first three subparts for…
Q: According to the equation, sales (Y, measured in $1,000 per month) and advertising (X, measured in…
A: Given Sales Y, measured in $1000 per month Advertising X, measured in $1000 per month Equation…
Q: this a good example of a sunk cost? Why or why not? “As an entrepreneur, advertising your product…
A: Yes, money spent on advertising and marketing is a sunk cost. A sunk costs is a cost that you have…
Q: If MC= 3x + 20 and MR = 44 – 5x where x is the number of units produced and sold, and the cost of…
A: MC(marginal cost) is the change in TC(total cost) when one more unit of the product is made.…
Q: Managers are more important for profit-pursuing companies than they are for not-for-profit…
A: The Profit organizations are the one which aims to earn profit via its operations that is by selling…
Q: Tom runs a shoe-shine stand at the airport. Tom has no skills, no job experience, and no alternative…
A: Explicit cost is the direct out of pocket expense for a firm for example wages and salaries, rent,…
Q: The Big Cheese Restaurant, Inc. has a checking account at Cheesehead Bank. Darren Dodgers, the…
A: Check is a form of payment by order given by a person to the bank for payment to a third party.…
Q: Many restaurants don't take reservations. You simply arrive and wait your turn. If you arrive at…
A: Demand and supply refer to the invisible forces that act and react upon one another and give out…
Q: The Bowery Hotel is located on Third Street in Manhattan. Suppose the hotel has explicit costs of…
A: We are given, Explicit cost = $200,000 Implicit cost = $50,000 Economic profit = $50,000 We need to…
Q: A profit-maximizing firm in a competitive market is currently producing 90 units of output. It has…
A: The following information is given: Output = 90 units, Average revenue = 46, Fixed cost = $270,…
Q: Ex 3.1 Use the previous text. The general director must decide: 2000 units of product B is sold at…
A: Note: In the BNED Guidance, only the first question can be answered at a time. Resend the question…
Q: What costs and revenues do economists include when calculating profit that accountants don’t…
A: Economic profit is the excess revenue made by the firm after deducting the total cost incurred…
Q: Which of the following is included in money cost ? (a) Normal Profit
A: The expenses that a firm incurrs in order to produce a commodity is known as money cost or nominal…
Q: Ester and George want to make perfume. In order to get the right balance of ingredients for their…
A: Cost per unit of a product is known as the average cost. Average cost is determined by dividing the…
- Amazing is evaluating three locations for a second headquarters. Costs for construction at location A are $18,900,000, Location B are $21,700,000 and Location C are $23,300,000. Variable costs for Location A are $16, Location B are $14 and Location C are $12. The company plans to sell products for $27. What is the optimal location strategy for Amazing, identify volumes and locations? (use excel to show formulas used)
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Use the accompanying graph to answer the following questions. Assume the company makes 83,000 parts per month of Product A and 39,000 parts per month of Product B. Click the icon to view the provided graph. (a) Which Product has the higher variable cost, and what is this value in units of dollars per part? Product B has the higher variable cost. This value is $.50 /part. (Type an integer or a decimal. Round y (b) Which Product has the higher selling price, and what is this value in units of dollars per part? Product B has the higher selling price. This value is $ 1.69 /part. (Type an integer or a decimal. Round (c) Which Product has the faster breakeven time, and what is this value in units of months? Product B has the faster breakeven time. This value is 22 month(s). (Type a whole number.) (d) At 6 years, which Product makes more profit and what is this value in units of dollars? At 6 years Product A makes more profit. This value is $4,850,000. (Type a whole number.) k my instructor…Economics of customer acquisition for fedex: 140 accounts in advertising industry use 2,285 courier paks (cp) per month cp price is $12.50 and variable cost is $4.25 retention rate = 0.9, discount rate = 12% what is the maximum fedex should be willing to spend to acquire a new account in this industry? what is the maximum that fedex should spend/customer per year to increase retention to 0.95? (could you show me it worked out? Thank you!) Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Marty used to be a bartender making $5,000 a year but he quit in order to become a clown that does shows at birthday parties. His clown car and costumes cost $7,000 and he did a lot of shows in the past year, making $13,000 in revenue but paying $2,000 in variable costs for balloons, gas, etc. Marty asked an accountant and an economist to calculate his profit. What did they report?
- Direction: Read the situation below. The complete the task that follows. You have got a rice store in your home. According to the news, Typhoon Ondoy will bring heavy rain to almost every part of Southern Luzon, including your location. At first, the rain seemed normal, but it's just not going to stop. There are fewer customers right now. With this rain, there may not be any more customers soon. It might flood in a bit, but if you close the store, you're not going to be able to feed your three children. So, you've decided not to close the store. There's news from your neighbors that your residence is already overflowing, and in a few minutes your store and the rest of the community will be flooded. Your family has been instructed by barangay officials to evacuate the public elementary school in the vicinity of School. Your family has been instructed by the Barangay officials to evacuate to a public elementary school located in your municipality. 1. Identify all the elements exposed to…The profit of a firm during the financial year is $1200 and cost incurred is $600. Find the markup.Happy Go Lucky Electric Company is the only company providing electric power to the city of Go Lucky. The accompanying graph depicts their marginal costs (MC), total costs (ATC), demand (D), and marginal average t revenue (MR). Move point E to the firm's profit maximizing price and quantity. At the profit maximizing point, what is Happy Go Lucky level of profit? 0 $150 $90 -$30 Price and Costs ($/unit) 10 9 8 7 6 10 4 3 2 1 0 0 5 10 15 20 25 30 35 MR MC 0 ATC D 40 45 50
- Direction: Solve the problems on the space provided after each number. Show your solutions. You can submit using messenger or using your VLE account. Take a photo of your answers if using messenger to submit. If using VLE, encode your answers and send as file. If profit is maximum at sales of 700 units, does the firm have no choice but to limit sales at this level? Explain your answer. A business firm produces and sells a particular product. Variable cost is P30/unit. Selling price is P40 per unit. Fixed cost is P60,000. What is the break-even quantity and break-even point? Show your solution. A manager makes the statement that output should be expanded as long as average revenue exceeds average cost. Does this strategy make sense? Explain. Suppose that the steel firm’s costs are shown below: Complete the table and determine the optimal output to be produced. Output (Q) TFC TVC TC MC TR MR Profit/Loss 0 500 0…You are the chief financial officer for a firm that sells digital music players. Your firm has the following average-total-cost schedule: Your current level of production is 600 devices, all of which have been sold. Someone calls, desperate to buy one of your music players. The caller offers you $550 for it. Should you accept the offer? Why or why not. Single line text.Show complete solution and do not use excel.
- please explain correctly.not use excelfully label graphs, pleaseBPO Services is in the business of digitizing information from forms that are filled out by hand. In 2006, a big client gave BPO a distribution of the forms that it digitized in house last year, and BPO estimated how much it would cost to digitize each form. Form Type Mix of Forms Form Cost A 0.2 $0.80 B 0.2 $0.40 C 0.2 $0.40 D 0.2 $1.60 E 0.2 $0.80 The expected cost of digitizing a form is $__________- . Suppose the client and BPO agree to a deal, whereby the client pays BPO to digitize forms. The price of each form processed is equal to the expected cost of the form that you calculated in the previous part of the problem. Suppose that after the agreement, the client sends an equal mix of forms of types D and E only. The expected digitization cost per form of the forms sent by the client is $___________ . This leads to an expected loss of $__________ per form for BPO. (Hint: Do not round your answers. Enter the loss as a positive number.)