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Mary has been working as a marketing manager and earning an annual salary of RM80,000. Using her own fixed deposits of RM100,000 from a local bank which earns her 0.3% interest per month, she decides to quit her job and open her own restaurant in Johor Bahru. Every year she pays RM24,000 for equipment leasing; RM60,000 for shop rental; and her average monthly utilities bill is RM1,000. She spends RM48,000 yearly to purchase fresh raw materials for her restaurant. Mary hires 4 workers who are paid RM2,000 each month. Her business runs very well with an average monthly sales of RM33,000. Calculate the following values on a yearly basis:
(i) Implicit cost and explicit cost
(ii) Accounting profit and economic profit
Some small school don't have official majors but people sometimes claim them anyway because they took several courses in a specialized area. is this an acceptable practice
3.If you had been on Yahoo's board, would you have supported keeping Thompson?
4. Why do you suppose Thomson resigned?
Differentiate SHAREHOLDER WEALTH MAXIMIZATION from PROFIT MAXIMIZATION and describe why the former is the ultimate goal of financial management.
Cite your sources properly:
Molly has a $2500 down payment saved for this purchase, and the dealer’s $1500 Cash Allowance will come straight off her total. How much will Molly’s monthly payment be?
Given the demand function for the two markets and total cost function that:
Q1 = 55 – P1; Q2 = 70 – 2P2 and TC=5Q + 20 where Q = Q1 + Q2
A. Calculate the equilibrium price, equilibrium quantity in each market with price discrimination.
B. Calculate the maximum profit using equilibrium price and quantity with price discrimination.
C. Calculate the price elasticity of demand in each market using MR=P(1+1/Ɛp).
D. Calculate the equilibrium price and quantity without price discrimination.
E. Calculate the maximum profit without price discrimination.
F. Is the Monopolist better off with or without price discrimination.
calculate the mean median from the following data and find out mode using relation among mean,median and mode. Class; 0-10 10-20 20-30 30-40 40-50 50-60 60-70 Frequency; 10 20 30 40 50 60 70
1)In Australia a consumer of electricity would save, on average, AUS$1000 by switching from the most expensive to the least expensive electricity supplier. However, 30% of consumers do not switch because of the effort required and 22% do not switch because they lack the necessary information. Evaluate possible reasons why consumers may behave irrationally.
2)Between Q4 2016 and Q4 2019 the global price of gold increased from $1275 to $1481 per ounce. Over the same period, the global supply of gold increased from 888.8 tonnes to 889.5 tones. Only 10 countries mine 62% of global output. Evaluate reasons why the supply of gold is price inelastic.
QUESTION 1.
How do business organizations survive for 100+ years? Obviously, they’ve seen a lot of historical events come and go. Choose one of these companies and research its history: Coca-Cola, Procter & Gamble, Avon, or General Electric. How has it changed over the years? From your research on this company, what did you learn that could help you be a better manager?
Question 2.
Juan Hernandez is a successful business owner. His landscaping business is growing, and a few months ago he decided to bring in somebody to manage his office operations since he had little time to keep on top of that activity. However, this individual can’t seem to make a decision without agonizing about it over and over and on and on. What could Juan do to help this person become a better decision maker?
The marginal cost of a trade has been found to be MC=3Q^2+8Q+400.
determine the total virable cost of producing 100 units of the trades product. And show by graph
Suppose the short run production function can be represented by Q= 60,000L^2-1000L^3. Then, determine
A) the level labor employement that maximizes the level of output
B) the level of employement that maximizes APL and the maximum APL
#339914 on Dec 2023