subject
Business, 23.10.2019 01:00 jwdblue

Bob runs a pedicure business in a perfectly competitive industry. he knows that he will break even if the price of pedicures is $15 but that he will have to shut down if the price is $11. if the market demand in the industry is p = 30 – (0.2)q and the market supply is p = (0.2)q, in the short run, bob will:

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:30
Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 factory overhead is allocated to the three products on the basis of processing hours. the products had the following production budget and processing hours per case: budgeted volume (cases) processing hours per case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen
Answers: 1
question
Business, 22.06.2019 17:20
“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.
Answers: 3
question
Business, 22.06.2019 19:50
Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.
Answers: 2
question
Business, 22.06.2019 22:50
Which of these makes a student loan different from other types of loans
Answers: 1
You know the right answer?
Bob runs a pedicure business in a perfectly competitive industry. he knows that he will break even i...
Questions
question
Mathematics, 20.09.2020 09:01
question
Mathematics, 20.09.2020 09:01