Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Selling, administrative, general, and interest expenses
Predicted ProfitsDetails: Con Agra's 2000 income statement showed the following, (in millions)
Net Sales - $25,386Costs of goods sold - 21,206Selling, administrative & general purpose expenses - 2,888Interest expense - 303Income before income tax and non-recurring charges - 989
Suppose the cost of goods sold is the only variable cost; selling, administrative, general, and interest expenses are fixed with respect to sales.
Assume that Con Agra had a 10% increase in sales in 2001 and that there was no change in costs except for increases associated with the higher volume of sales. Compute the predicted 2001 operating profit for Con Agra and the percentage increase in operating profit.
Consumption accounts for about 60% of GDP, while investments accounts for about 20% for GDP. But many economists think that, to understand economic recession, it is more significant to look at investment than consumption. Why?
Use aggregate demand (AD) and aggregate supply (AS) model in which the short run aggregate supply curve slopes upwards to describe the equilibrium level of real GDP and prices if the economy is operating:
Now assume that these outputs comprise all of GDP. Keeping 1992 as the base year, Elucidate the GDP deflator for 1993.
What are the advantages of Fed increasing interest rates if the GDP gap is positive?
Find the optimal (profit maximizing or cost minimizing) output of each firm. Find the price that each firm charges at the when producing the optimal output.
The utility function of a worker is represented by U(C,L) = C X L, so that the marginal utility of leisure is C and the marginal consumption is L.
Describe various goods you either buy or sell at your workplace that are price elastic.
Discuss actions the government could take to induce firms in this industry to produce the socially efficient level of output.
Consider the Bertrand model with no product differentiated in which each firm has a positive and fixed sunk cost F and zero marginal cost. What are the equilibrium prices and profits? Illustrate your result on a proper diagram.
Explain how advertising can be employed to allow Tots-R-Us to keep price average above cost without encouraging entry.
Assume that the Fed is needs to keep the inflation rate so provide an anchor for inflation expectations.
Show that the government can achieve the social optimum by setting the correct tax prices a, b, and c. What prices should it set?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd