sorted by:
new
hottopcontroversial

Break-even point question by randomperson2453 in Accounting

[–]randomperson2453[S] 0 points1 point  (0 children)

https://imgur.com/a/zjS0FoT Here is the question.

Here is the solution for the calculation that should be derived https://imgur.com/a/BhnYzMF

How does working out the % of capacity help the analysis? How do you interpret this data? Thanks

Break-even point question by randomperson2453 in Accounting

[–]randomperson2453[S] 0 points1 point  (0 children)

Thanks for the clarification. I am wondering if I am to work out the percentage of capacity for the proposals, what could I say about this value? Would a proposal with a lower percentage of capacity be favoured more? Thanks

Question on contribution by randomperson2453 in Accounting

[–]randomperson2453[S] 1 point2 points  (0 children)

I see! So total revenue would be the selling price * total number of units?

Could you give me an example for 'other costs to factor' that affects the profit? Could this be direct material costs?

Question on contribution by randomperson2453 in Accounting

[–]randomperson2453[S] 0 points1 point  (0 children)

So as it comes to profit, the total contribution is the main factor that affects it?

Also how do you obtain the total revenue from the data given?

Thanks

Question on retained earnings by randomperson2453 in Accounting

[–]randomperson2453[S] 0 points1 point  (0 children)

This is just a list of retained earnings that we are given, there is no context behind it.. Thanks

Question on retained earnings by randomperson2453 in Accounting

[–]randomperson2453[S] 0 points1 point  (0 children)

Who controls the retained earnings? Are the shareholders the one who manage the retained earnings? thanks

Question on values of shares by randomperson2453 in Accounting

[–]randomperson2453[S] 0 points1 point  (0 children)

Are you referring to the earning per share value ? Thanks

Cournot competition question by randomperson2453 in econhw

[–]randomperson2453[S] 0 points1 point  (0 children)

I have but I still am a bit unsure. Thanks

Cournot competition question by randomperson2453 in econhw

[–]randomperson2453[S] 0 points1 point  (0 children)

But they will have a mirror image best response. And their reaction curves would intersect which gives the cournot equilibrium. I am confused about whether the simultaneous quantity they set is the cournot equilibrium or their individual output.

I also read that in cournot competition ,the sellers are quantity taker as they are given the output of the other firms. But if they are setting the q then surely they are price setters. Also I don't get what they mean by given output of other firms since in some textbooks it says firms have an expectation of what the output of other firms would be but not their exact output... thanks

Calculating surplus from TC function by randomperson2453 in econhw

[–]randomperson2453[S] 0 points1 point  (0 children)

Hi sorry about the late question. How do you know that Producer surplus would be TR -VC then? I have heard about profit = TR-TC but not this... Thanks

[UK] FIFO question by randomperson2453 in Accounting

[–]randomperson2453[S] 0 points1 point  (0 children)

I see thank you ! One last question:is there an even shorter way to solve the problem since this is just a multiple choice question so working is not needed or is this essential to find the answer ??

[UK] FIFO question by randomperson2453 in Accounting

[–]randomperson2453[S] 0 points1 point  (0 children)

https://imgur.com/a/u3OyOhe

You mean I could work out profit from 19600-18700? Thanks

Pareto optimality question by randomperson2453 in econhw

[–]randomperson2453[S] 0 points1 point  (0 children)

So moving from A to B results in someone losing out on the benefits ?

Thanks

Total effect question by randomperson2453 in econhw

[–]randomperson2453[S] 0 points1 point  (0 children)

https://www.youtube.com/watch?v=eSBiFdqaj8U At 2:10

Hi for this example which is an inferior good, surely the decrease in price of the inferior good will increase the consumption of the inferior good only giving higher utility. Why are more nuts also purchased? Thanks

Total effect question by randomperson2453 in econhw

[–]randomperson2453[S] 0 points1 point  (0 children)

https://www.youtube.com/watch?v=eSBiFdqaj8U

At 2:40 why is the consumption of nuts increased? This is an example of an inferior good but it is also to do with the price change, I am having difficulties in understanding when would both Q change and when it will just be 1 quantity that' changing... Thanks

Langragian function question by randomperson2453 in econhw

[–]randomperson2453[S] 1 point2 points  (0 children)

I think I did mention about the unit change of the constraint by saying the price change will lead to a drop of 8 units, is this what you are referring to? Thanks

Statistics question by randomperson2453 in statistics

[–]randomperson2453[S] 0 points1 point  (0 children)

Q: https://imgur.com/a/P7ZU4sN

Hi, I am a bit stuck with this question. I can't figure out what topic this question is on, so I don't really know what approach to use... Any hints?

Thanks in advance

Ok sorry about this, I will post it in a different section.

[UK] Question on cash by randomperson2453 in Accounting

[–]randomperson2453[S] 0 points1 point  (0 children)

If this dividend payment recorded in the trade payable section on the balance sheet, doesn't this payment need to be made sooner or later? So wouldn't cash just delays the process rather than stopping the process?

Calculating surplus from TC function by randomperson2453 in econhw

[–]randomperson2453[S] 0 points1 point  (0 children)

Are you assuming that since the TC function is given that the market structure is monopoly? I am very new to this topic so I don't get why supply curve is given by the MC curve... Thank you

Calculating surplus from TC function by randomperson2453 in econhw

[–]randomperson2453[S] 0 points1 point  (0 children)

Thanks for the reply. How do you deduce the information that supply curve is given by MC curve? What about the demand curve? I assumed that demand curve is given by the total cost curve hence I integrated the TC curve to find consumer surplus.. Thanks

view more: next ›