What is the marginal utility when total utility increases from 34 to 42 after consumption of 1 unit?

A) 2

B) 4

C) 6

D) 8

Calculate total utility based on the following information;

Unit 1 Marginal Utility = 9

Unit 1 Marginal Utility = 8

Unit 1 Marginal Utility = 4

Unit 1 Marginal Utility = 1

A) 22

B) 23

C) 24

D) 25

Calculate accounting profit using the following data:

Explicit costs = $40,000

Implicit costs = $20,000

Revenue = $100,000

A) 40,000

B) 60,000

C) 80,000

D) 100,000

Calculate economic profit using the following data:

Explicit costs = $40,000

Implicit costs = $20,000

Revenue = $100,000

A) 40,000

B) 60,000

C) 80,000

D) 100,000

What is average profit if total profit is $50,000 and there are 25,000 units produced?

A) 4

B) 3

C) 2

D) 1

What is marginal revenue if total revenue increases from $15,500 to $16,000 after a unit is sold?

A) 500

B) 1000

C) 1500

D) 2000

Please answer them all!

Thank you!!

Consider the following hourly demand and cost schedule for a firm facing a fixed price (Tπ is Total Profit).

Complete the columns for TR, MR, TFC, TVC, TC, ATC, AVC, and MC, as well as those for (TC), TVC, & TFC. Draw the curves for Demand (Price Vs. Quantity), MR (Marginal Revenue), ATC, AVC, and MC, all in one diagram. Also draw the Total Revenue (TR), Total Cost (TC), TVC, and TFC in a second diagram right below the first one.

1. Determine, in order to maximize profit. How many units this firm should produce and explain.
2. Demonstrate the geometric areas (rectangles) of Total Revenue, Total Cost and Total Profit at the profit-maximizing level and calculate the values of each in the diagram above (and not the one below).
3. Show the Total Revenue, Total Cost and Total Profit at the profit-maximizing level in the diagram below.

I've given all the information that I have.

Consider this income statement: Green Valley Nursing Home, Inc. Statement of Income Year Ended December 31,2011

Revenue:

Net patient service revenue $3,163,258

Other revenue 106,146

Total revenues $3,269,404

Expenses:

Salaries and benefits $1,515,438

Medical supplies and drugs 966,781

Insurance and other 296,357

Provision for bad debts 110,000

Depreciation 85,000

Interest 206,780

Total expenses $3,180,356

Operating income $89,048

Provision for income taxes 31,167

Net income $57,881

1. WHAT IS THE PRIMARY DIFFERENCE

2. WHAT TYPE OF ENTITY IS GREEN VALLEY?

3. WHAT IS GREEN VALLEY'S TOTAL PROFIT MARGIN

4. HOW DOES IT COMPARE TO COMPETITORS

5. WHAT IS GREEN VALLEY'S BEFORE TAX PROFIT MARGIN

** PLEASE SEE COMPETITOR INCOME STATEMENT BELOW*********

Bestcare HMO statement of operations Year ended june 30,2011 ( in thousands)

Revenue

premiums earned 26,682

coinsurance 1,689

interest and other income 242

total revenues 28,613

Expenses

salaries and benefits 15,154

medical supplies and drugs 7,507

insurance 3,963

provision for bad debts 19

depreciation 367

interest 385

total expenses 27,395

net income 1,218

Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $650 were declared at the end of the year, and 680 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,720 in cash (for a total at the end of the year of 810 shares). These effects are included below:

Prepare a classified balance sheet for the end of the current year.

Suppose that low-skilled workers employed in clearing woodland can each clear one acre per month if each is equipped with a shovel, a machete, and a chainsaw. Clearing one acre brings in $1,200 in revenue. Each worker's equipment costs the worker's employer $215 per month to rent and each worker toils 40 hours per week for 4 weeks each month.

A. What is the marginal revenue product of hiring one low-skilled worker to clear woodland for one month?

B. How much revenue per hour does each worker bring in?

C. If the minimum wage were $7.40, would the revenue per hour in part b exceed the minimum wage? If so, by how much per hour?

D. Consider the employer's total costs. These include the equipment costs as well as a normal profit of $50 per acre. If the firm pays workers the minimum wage of $7.40 per hour, what will the firm's economic profit or loss be per acre?

E. At what value would the minimum wage have to be set so that the firm would make zero economic profit from employing an additional low-skilled worker to clear woodland?

Source:

1. What yearly cash flows are relevant for this investment decision? Do not forget the effect of taxes and the initial investment amount. Complete the table below using the detail summarized below:
   1. Investment:
      1. Initial Investment - $16M 2016, $2M 2017
      2. Working Capital - 10% of Incremental Sales
   2. Operating Savings - $2M 2017, $3.5M 2018-2022
   3. Sales Revenue - $4M 20017, $10M 2018-2022
   4. Expenses - CGS – 75% of Revenue, SG&A - 5% of Revenue
   5. Salvage:
      1. Working Capital - recoverable at cost
      2. Initial Investment - 10% or $1.8M before tax, $1.08M after taxes
   6. Depreciation – Straight Line over 6 years, no salvage, start in 2017

Consider the following linear programming problem

if A and B are the two binding constraints.

(Round to ONLY two digits after decimal points)

a) What is the range of optimality of the objective function?

  Answer ≤ C1/C2  ≤  Answer

b) Suppose that the unit revenues for X1 and X2 are changed to $100 and $18, respectively. Will the current optimum remain the same?

AnswerYesNO that because the new C1/C2 is Answer which is Answerwithinnot within the range of optimality

c) Suppose that the unit revenue of X1 is fixed $4. What is the associated range for the unit revenue for X2 that will keep the optimum unchanged?

   Answer  ≤ C2 ≤  Answer

d) The Shadow Price for Constraint A is Answer.

e) The Shadow Price for Constraint B is Answer

f) If only the capacity of Constraint A is increased from the present 40 hours to 45 hours, The increase in revenue will be = $Answer

g) A suggestion is made to increase the capacities of Constraint A and B by an hour at the additional cost of $1/hr. Is this advisable?

This is advisable for AnswerConstraint AConstraint BBoth Constraints and the total additional net revenue per hour would be $Answer

Journalizi.ng adjusting entries and posting to T-accounts The accounting records of Galvin Architects i.nclude the following selecced, unadjusted bala.nces at 1farch 31: Accoums Receivable, $1, I 00; Office Supplies, $1,000; Prepaid Rem, $1,000; Equipmem, $9,000; Accumulated Depreciation-Equipmem, $0; Salaries Payable, $0; Unearned Revenue, $700; Service Revenue, $4,l 00; Salaries Expense, $1,400; Supplies Expense. $0; Rent Expense, $0; Depreciation ExpenseEquipment, $0. The data developed for the March 31 adjusting e.ntries are as follows: a. Service revenue accrued, $600. b. Unearned revenue chac has been earned, $100. c. Office Supplies on hand, $500. d. Salaries owed to employees, $300. e. One monch of prepaid rent has expired, $500. f. Depreciacio.n on equipment, $135. Requirements l. Open a T-accounc for each account using the unadjusced balances given. 2. Journalize the adjusting e.ntries using the lercer and t.farch 31 dace i.n che date colum.n. 3. Pose the adjustments to the T-accounts, e.ntering each adjusrmeot by leccer. Show each account's adjusted balance

Write a program that does the following in C++

1 ) Write the following store data to a file (should be in main)

DC Tourism

Expenses 100.20

Revenue 200.50

Maryland Tourism

Expenses 150.33

Revenue 210.33

Virginia Tourism

Expenses 140.00

Revenue 230.00

2 ) Print the following heading: (should be in heading function)

Store name | Profit

[Note: use setw to make sure all your columns line up properly]

3 ) Read the store data for one store (should be in main)

4 ) Calculate the profit for the store (should be in getProfit function)

5 ) Print the store information in the following format (should be in printMessage function)

<Store name> | <Profit>

[Note: use setw to make sure all your columns line up properly]

6 ) Repeat steps 3-5 in an end of file loop [should be in main]

Your answer should look like this:

Store name Profit                                                                            

DC Tourism 100.30                                                                            

Maryland Tourism 60.00                                                                            

Virginia Tourism               90.00    

Functions you need

Function name | Parameters           | Return Type

heading | N/A                       | void

getProfit      | expenses,revenue | float

PrintMessage    | storeName1, profit | void