Business, 26.03.2021 19:20 memelord4206969

The information on the salmon market provided in the previous four questions is no longer relevant. Instead, the next few questions deal with a restaurant owner. A restaurant owner has just gotten the bad news that his landlord has raised the rent. However, he has looked at the financial figures and he still has a profitable business. The increase in rent that the owner must pay:Hint: Think in terms of the relation between revenue and cost at the margin -- and its implications for firm behavior. a. will cause him to raise his price and reduce the number of meals that he servesb. will cause him to lower his price in order to raise revenuec. may cause the price he charges to rise or falld. will have no impact on the price that he charges or the number of customers that he serve

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 07:00

Amarket that consists of all possible consumers regardless of their specific needs or wants is a

Answers: 1

Answer

Business, 22.06.2019 11:00

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.

Answers: 3

Answer

Business, 22.06.2019 17:00

Afinancing project has an initial cash inflow of $42,000 and cash flows of −$15,600, −$22,200, and −$18,000 for years 1 to 3, respectively. the required rate of return is 13 percent. what is the internal rate of return? should the project be accepted?

Answers: 1

Answer

Business, 22.06.2019 18:00

Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:

Answers: 2

Answer

You know the right answer?

The information on the salmon market provided in the previous four questions is no longer relevant....

Questions