subject
Business, 17.04.2020 01:07 jadawada223

Bianca grows beautiful orchids. Her total fixed cost is $150 a day, and her average variable cost is $1 a plant. Few people know about Bianca's Orchids and she is maximizing her profit by selling 25 orchids a day for $7 a plant. Bianca thinks that if she spends $20 a day on advertising, she can increase her market and sell 44 orchids a day for $7 a plant. If Bianca's belief about the effect of advertising is correct, can she increase her economic profit by advertising?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:10
You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?
Answers: 1
question
Business, 22.06.2019 05:30
Identify the three components of a family's culture and provide one example from your own experience
Answers: 2
question
Business, 22.06.2019 19:20
Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect
Answers: 2
question
Business, 22.06.2019 19:50
Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1
Answers: 3
You know the right answer?
Bianca grows beautiful orchids. Her total fixed cost is $150 a day, and her average variable cost is...
Questions
question
Mathematics, 12.01.2021 18:00
question
Spanish, 12.01.2021 18:00