2021-08-23 09:046. Name two types of consumer market7. Explain the meaning of factor market.8. Prepare Cash Receipts joureal of JJ Supermarket for the mIransaction4. Service fees received R300 as per cash register roll5. The owner invested R20000 in the business10. The bank statement received showed interest of R40020. Discount received from Eiten farmers R2030. Rent received from A.Mulaudzi R500 2021-08-23 09:05NCOMESANN

Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Answered: Name two types of consumer market

Business

Economics

Name two types of consumer market

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

at a subscription price of $12.99 per month the peloton app has 874,000 digital subscribers . pelton's accountant is preparing the company's monthly financial statement. what is peloton's monthly total revenue? A.11,353,260 b.873,987 c.874,013 d.67,283
Instructions: Fill – up the vacant table. Given is as follows: Week Sales ( $1,000) Four-week Moving Average Four-Week Weighted Moving Average 1 23 2 36 45 4 46 55 64 7 55 58 9. 66
Revenue, Cost MC AC AVC P AR = MR R P. Oufput
A fruit stand owner rents a stall at the market for $255$⁢255. Each month, the owner spends $295$⁢295 for an accountant’s services and $695$⁢695 on fresh fruit. The fruit stand sells 135135 kilograms of fruit monthly at a price of $8$⁢8 per kilogram. Step 1 of 2: Calculate the fruit stand’s profit or loss. Write the exact answer; do not round. Use a minus sign to show losses if necessary.
2. Exercise 8.2 Howard Bowen is a large-scale cotton farmer. The land and machinery he owns has a current market value of $12 million. Bowen owes his local bank $9 million. Last year Bowen sold $11 million worth of cotton. His variable operating costs were $9 million; accounting depreciation was $40,000, although the actual decline in value of Bowen's machinery was $60,000 last year. Bowen paid himself a salary of $50,000, which is not considered part of his variable operating costs. Interest on his bank loan was $400,000. If Bowen worked for another farmer or a local manufacturer, his annual income would be about $30,000. Bowen can invest any funds that would be derived if the farm were sold to earn 10% annually. (Ignore taxes.) What is Bowen's accounting profit? O $1,560,000 O $1,550,000 O $1,220,000.00 O $1,210,000.00 What is Bowen's economic profit? O $1,550,000 O $1,210,000.00 O $1,560,000 O $1,220,000.00
Microecon KM Gradebook E Join: 746518 HW3 (Ch3 & 4) Homework Due in 2 days Answered (3) app.tophat.com Leisure travel: -2.4 HW3_12 Homework Unanswered Unanswered 10am_Fall22_Microecon_KM - Assigned | Top Hat MacBook Pro 15/17 answered Kris' Kabobs: Kris decides to drop the price of his famous Kabobs from $3 to $2. Last week at $3 he sold 240 and this week at $2 he sold 480. We can use this information to determine the elasticity of demand for the Kabobs. Do that! (correct sign and 2 decimal places in your answer) Type your numeric answer and submit Resubotic Submit Becca v + 88 Open in Reading View
Answer choices in order are: 1. making positive or zero profit or suffering economic losses 2. and increase or decrease or no change 3. increase or decrease or stay the same 4.increase or decrease or stay the same 5. increase decrease or stay the same 6. 2$,3$, 5$,7$.
The value of goods or service sold by business during a particular period of time is know as A-profit B- turnover C-cash flow D-income statement
1. Zagart's Zambonis manufactures Zambonis (ice rink machines). Its cost of quality data appears below. Total manufacturing cost this year was $4.6 million. Sthou Engineering tests at supplier's factory 18 Field testing new product 12 Inspection costs 42 Process re-engineering 50 Product redesign 42 Rework 45 Sales returns (at cost) 105 Scrap 22 Training employees on new system 6 Warranty repairs 60 Waste 14 Total 416
Instruction Please answer all the questions by filling in the blanks or showing working calculation. Question 1 A firm's costs are given in the following table. TC TFC TVC AVC ATC MC O RM50 1 70 80 3 90 4 110 5 140 6 175 7 220 8 280 9 360 10 450 1.1) Complete the table. (4M) 1.2) Draw a graph for each AVC, ATC and MC on one graph. (2M) 1.3) Suppose market price is RM20. How much will the firm produce in the short run? How much are total profits? (2M) 1.4) Suppose market price is RM60. How much will the firm produce in the short run? How much are total profits? (2M) (10 Marks) Working calculation and answer:
A clothing merchant purchases a shipment of clothes for $38,000.00 with discounts of 11% and 5%. He sells it to a customer at a price which includes 22% profit on selling price and overhead expenses of 23% on selling price. a. How much did it cost him to purchase the container of clothes? b. What was the selling price of the container of clothes? c. Calculate the break-even selling price.
Ram Roy's firm has developed the following supply, demand, cost, and inventory data. Supply Available Regular Demand Period Time Overtime Subcontract Forecast 40 15 10 40 30 15 10 55 40 15 10 55 Initial inventory Regular-time cost per unit Overtime cost per unit 20 units $100 $160 $250 $6 Subcontract cost per unit Carrying cost per unit per month Assume that the initial inventory has no holding cost in the first period and backorders are not permitted. Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $ (enter your response as a whole number).