User Account

All Pages

Desirable to add the new product line

Assignment Help Macroeconomics
Reference no: EM131111074

The Cabinet Shoppe is considering the addition of a new line of kitchen cabinets to its current product lines. Expected cost and revenue data for the new cabinets are as follows: If the new cabinets are added, it is expected that the contribution margin of other product lines at the cabinet shop will drop by $20,000 per year. What is the lowest selling price per unit that could be charged for the new cabinets from the following list and still make it economically desirable to add the new product line?

Reference no: EM131111074

Questions Cloud

The centerline and the upper and lower control limits : Twenty-five samples of size n = 5 were collected to construct an -chart. The accompanying sample means and ranges were calculated for these data.
Why you consider it wrong and why : Do you agree or disagree with the statement? Select a position which is close to your personal standpoint. Collect arguments supporting your position and refuting the opposite one. In every particular case, identify the idea(s) you are opposing. E..
Determine the proper wage level : In particular, according to the efficiency wage theory thus outlined, how would an employer determine the proper wage level to offer their employees?
A sample average percentage elongation : sample of 51 research cotton samples resulted in a sample average percentage elongation of 8.11 and a sample standard deviation of 1.48 ("An Apparent Relation Between the Spiral Angle f, the Percent Elongation E1, and the Dimensions of the Cotton ..
Desirable to add the new product line : What is the lowest selling price per unit that could be charged for the new cabinets from the following list and still make it economically desirable to add the new product line?
Accepting or rejecting the special offer : If the special order is accepted, Immanuel will not incur any selling expense; however, it will incur shipping costs of $0.30 per unit. Total fixed production cost would not be affected by this order. At what selling price per unit should Immanuel..
Used to fund new government programs : Use of a budget surplus. In 2000, when the federal budget showed a large surplus, the Pew Research Center asked two questions of random samples of adults. Both questions stated that Social Security would be "?xed." Here are the uses suggested for ..
Explain what is meant by strategic behavior : Briefly define the rational choice model of policymaking as it was explained in the Unit 1 lecture. Explain what is meant by "strategic behavior." What strategies might a politician use? What goals would a politician be pursuing?
Accepting or rejecting the special offer : If the special order is accepted, Immanuel will not incur any selling expense; however, it will incur shipping costs of $0.30 per unit. Total fixed production cost would not be affected by this order. At what selling price per unit should Immanuel..

Reviews

Write a Review

Macroeconomics Questions & Answers

  What particular terms used in the subject of macroeconomics

What particular terms used in the subject of Macroeconomics can you apply to the question  It will be better if you would reference relevant pages from your textbook. Also it will be a bonus if you could demonstrate your research skills by providi..

  Find the marginal utility functions

Find the marginal utility functions of the following utility functions: Plot the marginal utility functions. Indicate which of these functions appear to exhibit diminishing, constant or increasing marginal utility? 1. u(x,y) = 3x + 2y

  Examples of economic activities - purchasing of groceries

Describe how each of these activities economically affects government, households, and businesses - describe the flow of resources from one entity to another for each activity.

  Absolute advantage and comparative advantage

Discuss how absolute advantage and comparative advantage differ? Kyle can read 20 pages of the economics in an hour. He can also read 50 pages of history in an hour. He spends 5 hours pre day studying. Draw Kyle's production possibilities fron..

  Decision about relocating the manufacturing operation

Now is the time to make a decision about relocating the manufacturing operation to the United States is fast-approaching. AutoEdge, like most companies, uses a strengths, weaknesses, opportunities, and threat (SWOT) analysis to facilitate its deci..

  A pharmaceutical company has hired you to perform an

a pharmaceutical company has hired you to perform an economic analysis on a currently ongoing project. experts from the

  Computing the equilibrium price

In 2008, box industry was perfectly competitive. The lowest point on long run average cost curve of each of the identical box producers was $4,

  Explain the coefficient-of-variation decision criterion

Apply the coefficient-of-variation decision criterion to these alternatives to find out which is preferred by the angel investor, assuming that he/she is risk-averse. b) Apply the maximin criterion, assuming that the worst outcome in Business 1 ..

  Market forces will lead company to produce the mix of goods

Our economy thrives on competition. Market forces will lead company to produce the mix of goods most desired. Unforeseen events can be responded to in a rational manner.

  Suppose the indiana power company wishes to maximize

suppose the indiana power company wishes to maximize profits. the cost demand and revenue functions have been

  Compute marginal physical product of labor schedule

Use the following information for a company's output at various levels of employment (L) to compute:

  Explain why neither costs are priceless nor free

Master Card has a series of cute commercials that list a series of accounting items and costs leading to a priceless product. Cell phones are often advertised as being free. In economics, it is said that nothing of value is either free or priceles..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd