Tutors Answer Your Questions about Finance (FREE)
Question 1199399: Suppose that the demand equation for a monopolist’s product is and the average cost function is , where Q is the number of units and p is the price per unit.
i. Write down the equations for TC and TR. (4 marks)
ii. Calculate the price and quantity at which profit is maximised. Determine the maximum profit. (6 marks)
Click here to see answer by math_tutor2020(3817)  |
Question 1199415: the ratio of the number of beads Kenny has to the number of beads Sarah has is 7:5.When Sarah gave 48 beads to Kenny, she has 1/3 of the number of beads Kenny has. (a) How many beads Kenny have after receiving the beads from Sarah? (b)How many beads must Kenny give back to Sarah so that she will have 5 times as many beads as him?
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Question 1199439: A box A contains 4 gold rings and 3 diamond rings. A box B contains 2 gold rings and 5 diamond rings. A ring is picked at random from box A and placed in box B. A ring is then picked at random from box B and placed in box A. Determine the probability that:(a).box A has the same number of gold and diamond rings as it did initially. (b).box A has more gold rings than it did initially.
Click here to see answer by ikleyn(52781)  |
Question 1199447: Three partners Otieno, Ouma and Makotsi decide to start an export business together. If Otieno contributes sh 20 000 for 9 months, Ouma contributes sh 25 000 for 6 months and Makotsi contributes sh 35 000 for 4 months. Find their share in profits of sh 1 310 000
Click here to see answer by ikleyn(52781) |
Question 1199459: Cynthia and Lucille agreed to form a partnership. The partnership agreement requires that Lucille invest $2,637.00 more than four-fifths of what Cynthia is to invest. If the partnership's capital is to be $56,160.00, how much should Lucille invest?
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Question 1199462: A machine requires 6 hours to make a unit of Product A and 5 hours to make a unit of Product B. Last month the machine operated for 481 hours, producing a total of 89 units. How many units of Product A were produced?
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Question 1199460: Medina's Furniture company has been producing 2795 chairs a day working two shifts. The second shift has produced 91 chairs fewer than seven-sixths of the number of chairs produced by the first shift. Determine the number of chairs produced by the second shift.
Click here to see answer by ikleyn(52781) |
Question 1199460: Medina's Furniture company has been producing 2795 chairs a day working two shifts. The second shift has produced 91 chairs fewer than seven-sixths of the number of chairs produced by the first shift. Determine the number of chairs produced by the second shift.
Click here to see answer by MathTherapy(10552)  |
Question 1199463: Yuki Katanuma has saved $22.65 in nickels, dimes, and quarters. If Yuki has eight nickels fewer than four times the number of dimes and nine quarters more than two-sevenths the number of dimes, how many coins of each type does Yuki have?
Click here to see answer by greenestamps(13200)  |
Question 1199463: Yuki Katanuma has saved $22.65 in nickels, dimes, and quarters. If Yuki has eight nickels fewer than four times the number of dimes and nine quarters more than two-sevenths the number of dimes, how many coins of each type does Yuki have?
Click here to see answer by josgarithmetic(39617) |
Question 1199595: All seven smaller circles are tangent to each other, and the larger circle is tangent to the six outer smaller circles. The radius of each of the smaller circles is 3 cm. In cm² , the sum of the areas marked "a" is.
https://ibb.co/VLW4HWy
Click here to see answer by ikleyn(52781) |
Question 1199588: Two radar sites are tracking a jetfighter. The first radar is located at
(0,0) and shows a jetfighter to be 300 kilometers away. The second
radar site, is located 250 kilometers east of the first radar. The
second radar detects the jet fighter 120 kilometers away from it.
Find the coordinates of ALL possible points where the jetfighter
could be located. Determine the equation of the hyperbola where
the jetfighter could be located. Make a clear illustration to support
your answer.
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Question 1199701: the ratio of the number of pupils who wear glasses to the total number of pupils in the class is 2:5, what is the ratio of pupils who wear glasses to those who do not if 5 of the pupils who did not wear glasses now do?
Click here to see answer by ikleyn(52781) |
Question 1200066: Assume The Following Data Of Jimma Abba Jifar Waddesa Wooden Product Furniture
Factory As Of January 1, 2016 As Follows:
Direct Materials Inventory January1 Birr................................. 300,000
Direct Materials Inventory January 31 Birr.............................. 134,000
Direct Labor For The Month Of January Birr. ............................. 666, 00
Work-In-Process Inventory Costs January 1 Br. ........................440,000
Work-In-Process Inventory January 31 Br...............................212,000
Finished Good Inventory January 1 Birr ................................. 114,000
Finished Good Inventory January 31 Birr ...............................321,000
Purchases Of January Birr................................................. 900,000
Purchase Return & Allowance 20% Of Purchase Made During January
Purchase Discount 10% Of Purchase Made During January
Freight Inwards Birr.......................................................... 44,000
Freight Outwards Birr.........................................................28,000
ADDITIONAL INFORMATION
The Following Manufacturing Overhead Costs Are Incurred:
Indirect Labor Br. ..............................................................................123,00
Depreciation On Factory Equipment Birr. ................................................. 49,000
Light And Power Birr. .........................................................................10,200
Depreciation Of Factory Building Birr. .................................................... 24,000
Insurance Expense On Factory Properties Birr............................................. 12,000
Property Tax Birr.............................................................................. 30,000
Factory Supplies Expense Birr................................................................31,600
Miscellaneous Factory Costs Birr............................................................ ..28,200
Sales...........................................................................................2,222,000
Sales Return, Allowance & Discount Five Percent Of Sale Made During January
Selling Exp .....................................................................................40,000
Admin. Exp......................................................................................50,000
Compute:
a) DMU (direct material used)
b) CGM (cost of goods manufacturing)
c) CGS (cost of goods sold)
Click here to see answer by ikleyn(52781) |
Question 1200182: Francine currently has $45,000 in her 401k account at work, and plans to contribute $800 at the end of each month for the next 15 years. How much will she have in the account in 15 years, if the account averages a 6% annual return? Assume monthly compounding.
Click here to see answer by Theo(13342)  |
Question 1200182: Francine currently has $45,000 in her 401k account at work, and plans to contribute $800 at the end of each month for the next 15 years. How much will she have in the account in 15 years, if the account averages a 6% annual return? Assume monthly compounding.
Click here to see answer by MathTherapy(10552) |
Question 1200293: The cable of suspension bridge hangs in the shape of a parabola. The towers supporting the cable are 400 ft apart and 150 ft high. If the cable, at its lowest is 30 ft above the bridge at its midpoint, how high is the cable 50 ft away (horizontally) from either tower?
Click here to see answer by ikleyn(52781) |
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