Question Three (10 Marks) A certain brand of vacuum cleaners can be purchased from several local...

Question Three A certain brand of vacuum cleaners can be purchased from several local stores as well as from several catalogues or websites. If all sellers charge the same price for the vacuum cleaner, will they all earn zero economic profit in the long run? Explain and include a diagram.

Expert Solution

Rahul Sunny answered 8 months ago

A certain brand of vacuum cleaners can be purchased from several local stores as well as...

A certain brand of vacuum cleaners can be purchased from several local stores as well as from several catalogues or websites. If all sellers charge the same price for the vacuum cleaner, will they all earn zero economic profit in the long run? Explain and include a diagram.

there is a hyper market plans to order vacuum cleaners from three different supplies equally that...

there is a hyper market plans to order vacuum cleaners from three different supplies equally that has an annual demand 4500 units. There is a fixed transportation cost of 700 SAR that is incurred each time the order is placed, along with the additional fixed cost of 150 SAR for each supplier. The hyper market incurs a holding cost of 15% while the cost of each model is purchased at 200 SAR. Evaluate the frequency and lot size that the...

A hyper market plans to order vacuum cleaners from three different supplies equally that has an...

A hyper market plans to order vacuum cleaners from three different supplies equally that has an annual demand 4500 units. There is a fixed transportation cost of 700 SAR that is incurred each time the order is placed, along with the additional fixed cost of 150 SAR for each supplier. The hyper market incurs a holding cost of 15% while the cost of each model is purchased at 200 SAR. Evaluate the frequency and lot size that the hyper market...

Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop...

Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Product Economy Standard Deluxe Selling price $33 $55 $110 Variable costs and expenses $18 $22 $52 Machine hours required 0.5 0.8 1.6 Calculate contribution margin per unit. Product Economy Standard Deluxe Contribution...

Question No: 2 10 Marks Case (a) The National Ferries Company in Oman purchased a new...

Question No: 2 10 Marks Case (a) The National Ferries Company in Oman purchased a new ferry at a cost of OMR 320,000. The facilities available in that ferry were modern and long lasting. The useful life of the ferry was estimated for 20 years. At the end of the 8th year the ferry’s wireless and navigation system requires replacement. The company felt that the maintenance cost of the wireless and navigation system was very high and they decided to...

The next three questions pertain to a certain green light that has a wavelength of 600nm is vacuum.

The next three questions pertain to a certain green light that has a wavelength of 600nm is vacuum. The refractive index of a certain plastic is 1.2.The speed of the green light in the plastic will beGroup of answer choices1.2 x 108 m/s.1.5 x 108 m/s.2.0 x 108 m/s.2.5 x 108 m/s.3.0 x 108 m/s.

The next three questions pertain to a certain green light that has a wavelength of 600nm is vacuum

The next three questions pertain to a certain green light that has a wavelength of 600nm is vacuum. The refractive index of a certain plastic is 1.2.The frequency of the green light in the plastic will beGroup of answer choices3.0 x 1014 Hz.4.0 x 1014 Hz.5.0 x 1014 Hz.6.0 x 1014 Hz.7.2 x 1014 Hz.

If a ball falls in vacuum from a certain height describe the total energy, the kinetic...

If a ball falls in vacuum from a certain height describe the total energy, the kinetic energy, and the potential energy during the fall. Describe the energy values at the initial point (highest point), at an intermediate point during the fall, and at the final point (ground level). Make sure to mention how the free fall in vacuum is different from a real life fall.

can you please provide answer to this question for 10 marks When can the corporate veil...

can you please provide answer to this question for 10 marks When can the corporate veil be lifted under the Corporations Act to make directors liable for corporate debts?

Analyzing Reviews Below are several reviews from Amazon and Target for a Dyson or Hoover vacuum....

Analyzing Reviews Below are several reviews from Amazon and Target for a Dyson or Hoover vacuum. Select which source you would like to focus on first -- Amazon (Dyson) or Target (Hoover). Next, evaluate how well the reviewer of the product presents their argument: Is there anything missing from the review? Is something included in the review that was particularly helpful or not? What would you suggest they add or remove to their review in order to make it relatable...

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