You are the manager of College Computers, a manufacturer of customized computers that meet the specifications required by the local university. Over 90 percent of your clientele consists of college students. College Computers is not the only firm that builds computers to meet this university’s specifications; indeed, it competes with many manufacturers online and through traditional retail outlets. To attract its large student clientele, College Computers runs a weekly ad in the student paper advertising its "free service after the sale" policy in an attempt to differentiate itself from the competition. The weekly demand for computers produced by College Computers is given by Q = 800 − 2P, and its weekly cost of producing computers is C(Q) = 1,200 + 2Q2. If other firms in the industry sell PCs at $300, what price and quantity of computers should you produce to maximize your firm’s profits? Price: $ Quantity: computers What long-run adjustments should you anticipate?

Answers

Answer 1

The price and quantity of computers that should be produced to maximize the firm’s profits will be $360 and 80 computers.

The demand curve for College Computers is given as (Q) = 800 - 2P where, P = 400 - 0.5Q.

Therefore, the weekly total revenue will be:

= (400 - 0.5Q) × Q

= 400Q - 05Q²

Marginal revenue = 400 - Q

Weekly cost of producing computers will be:

= 1200 + 2Q²

Marginal cost = 4Q

Maximum profit will b earned when MR = MC

Therefore, 400 - Q = 4Q

Collect like terms

4Q + Q = 400

5Q = 400

Q = 400/5

Q = 80

Quantity = 80 units

Therefore, the price will be:

P = 400 - 0.5Q

P = 400 - 0.5(80)

P = 400 - 40.

P = 360

The price is $360.

The weekly total revenue will be:

TR = price × quantity.

TR = 360 × 80

TR = $28800

The total cost will be:

TC = 1200 + 2(80)²

TC = 1200 + 12800

TC = 14000

Therefore, the profit will be:

= TR - TC

= $28800 - $14000

= $14800

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Related Questions

Miller Company reported the following information in its 2017 financial statements ($ in millions):

2017 2016
Balance Sheet:
Accounts receivable, net $1,947.4 $1,574.6
Income statement:
Sales revenue $18,276.6

A note disclosed that the allowance for uncollectible accounts had a balance of $27.4 million and $27.7 million at the end of 2017 and 2016, respectively. Bad debt expense for 2017 was $18.0 million.

Required:
Determine the amount of cash collected from customers during 2017.

Answers

The cash the Miller Company collected from customers in 2017 is determined to be $17,885.8 million.

Data and Calculations:

 Balance Sheet:                                          2017           2016

                                                                 million         million

Accounts receivable, net                     $ 1,947.4    $ 1,574.6

Allowance for Uncollectible Accounts     $27.4         $27.7

Accounts receivable, gross               $1,974.8   $1,602.3

Bad Debts Expense for 2017 = $18.0 million

Income statement:

Sales revenue $ 18,276.6

T-Accounts:

Accounts Receivable

Account Title                      Debit         Credit

Beginning balance      $1,602.3

Sales revenue             18,276.6

Allowance for Uncollectible               $18.3

Cash                                               17,885.8

Ending balance                             $1,974.8

Totals                       $19,878.9 $19,878.9

Allowance for Uncollectible Accounts

Account Title                Debit         Credit

Beginning balance                        $27.7

Accounts receivable  $18.3

Bad debts expense                       $18.0

Ending balance          $27.4

Totals                         $45.7         $45.7

 

Thus, the Miller Company collected cash worth $17,885.8 million from its customers in 2017.

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A Empresa Comercial Ltda. apresenta um ciclo de caixa de 20 dias e efetua pagamentos anuais no montante total de R$ 180.000.
Com base nestas informações, calcule o caixa mínimo necessário para a empresa manter-se líquida.
A alternativa que apresenta o valor correto para o caixa mínimo necessário, é:

a.
15.000

b.
22.500

c.
25.800

d.
10.000

e.
20.000

Answers

Answer:

A Resposta é d) 10.000

Explanation:

Harriet is currently in pay grade 8, but she is hoping to get a promotion so she can move into
pay grade 10 or above. Which of the following methods of job evaluation is used at Harriet's
company?

a. computerized
b. ranking
c. point
d. classification

Answers

The type of job evaluation that is done if Harriet is hoping to move from grade 8 to 10 is known as job ranking.

Job ranking can be described as a type of classification that is based on the value or the hierarchy of a person in an organization.

All the jobs in the company are ranked based on their worth and the employees are placed on the grade based on their value.

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A firm says it cut its labor costs by 35 percent between 2014 and 2019. Workers were paid a wage​ rate, including​ benefits, of​ $80 an hour in 2014 and​ $58 an hour in 2019. If the CPI was 202 in 2014 and 218 in​ 2019, did the real wage rate fall by more or less than 35​ percent?

Answers

If the workers were paid a wage​ rate, including​ benefits, of​ $80 an hour in 2014 and​ $58 an hour in 2019. If the CPI was 202 in 2014 and 218 in​ 2019, did the real wage rate fall by more or less than 35​ percent?

Between year 2014 and year​ 2019, the real wage rate fell by  less  than 35 percent.

Calculation for the real wage rate in 2014

Using this formula

2014 Real wages=2014 Wage rate/2014 CPI×100

Let plug in the formula

2014 Real wages=$80/202×100

2014 Real wages=39.60%

Calculation for the real wage rate in 2019

Using this formula

2019 Real wages=2019 Wage rate/2019 CPI×100

Let plug in the formula

2019 Real wages=$58/218×100

2019 Real wages=26.61%

Based on the above calculations between year 2014 and year​ 2019, the real wage rate fell by  less  than 35 percent.

Inconclusion if the workers were paid a wage​ rate, including​ benefits, of​ $80 an hour in 2014 and​ $58 an hour in 2019. If the CPI was 202 in 2014 and 218 in​ 2019, did the real wage rate fall by more or less than 35​ percent?

Between year 2014 and year​ 2019, the real wage rate fell by  less  than 35 percent.

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HOW TO EASILY BUY A PASSPORT ONLINE.
Buy US Passport, Buy EU Passport, Buy Canadian Passport, Buy Australian Passport.
For more information, visit https://www.passportexpeditenetwork.com/

Answers

no dont do this plsssss

donna is a very smart accountant. She is friendly and outgoing but sometimes she gets distracted and does not turn in her work on time. Her manager is looking for someone to work with a very important client but donna is not considered for the opportunity what quality is donna lacking.
leadership
dependability
positivity
motivation I will give 20 points and brainliest if correct plz give me right answer

Answers

Donna is lacking motivation.

The reason is Donna having a friendly quality, if you having this quality then you can build a trust in your leadership. and also Donna is a very smart personality which ensures it's positivity and dependability.

Answer:

dependiballity

Explanation:

She gets distracted easily and forgets to turn in her work. She lacks dependiballity, she isnt reliable.

State the role of the light stage of photosynthesis to the Calvin cycle.​

Answers

Explanation:

In ths light independent reactions or calvin cycle, the energized electrons from the light dependent reaction provides the energy to form carbohydrates from carbon dioxide molecules. The light independent reactions are something called the calvin cycle because of the cyclical nature of the process.

Explanation:

In ths light independent reactions or calvin cycle, the energized electrons from the light dependent reaction provides the energy to form carbohydrates from carbon dioxide molecules.

Sam and Devon agree to go into business together selling college-licensed clothing. According to the agreement, Sam will contribute inventory valued at $110,000 in return for 80 percent of the stock in the corporation. Sam’s tax basis in the inventory is $55,000. Devon will receive 20 percent of the stock in return for providing accounting services to the corporation (these qualify as organizational expenditures). The accounting services are valued at $27,500. (Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.)

Assume Devon received 25 percent of the stock in the corporation in return for his services.

g. What amount of income, gain, or loss does Devon recognize on the formation of the corporation? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.)

Answers

Answer:

Explanation:

$38,500

Rủi ro của các doanh nghiệp khi kinh doanh taxi công nghệ

Answers

Answer:

Pls translate in english

Explanation:

I dont understand im sorry

The second issue you chose to address with Kenisha is the complexity of the product. The marketing department conducted numerous focus groups to gauge their reaction to the prototype, and the feedback from these focus groups revealed that customers perceived the product to be too complicated and not sufficiently user-friendly. Which of the following statements would be the best explanation for the rejection based on the focus groups' feedback that the product was too complex?

a. The good news is that you've put a lot of great features in the Radio-DRM. The bad news is that focus group customers thought that it was about as complicated as programming the Starship Enterprise. They don't want to spend hours adjusting dials and knobs; all they want to do is plug it in and set a few controls.
b. The customers in the focus groups thought this product is just too complicated! You're building a cruise ship when a simple rowboat will do. You and your team need to stop over- engineering.
c. The marketing department conducted several focus groups for this prototype, and it looks like there are some problems with its complexity. You need to fix these problems as soon as possible.
d. As you know, the marketing department conducted several focus groups for the prototype. Although there were features customers liked, much of the feedback from customers was that the Radio-DRM needs to be made simpler and more user-friendly.

Answers

Answer:

ushdusbs

Explanation:

espero te si ha bro zorry

What was California’s GDP in 2010 in millions?

$5,840.7

$5,810.2

$5,814.4

$5,339.8

$4,050.9

Answers

Answer:5,814.4

Explanation:

At Dec. 31 Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (debit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. The amount of the adjustment for uncollectible accounts would be:

Answers

Answer:

to make the money

Explanation:

Suppose that a Spotify Premium subscriber downloaded a playlist to their phone but never listened to the songs. They then cancelled their subscription and were disappointed to find out that their songs were no longer available on their phone. The fact that the consumer could only listen to those songs when actively subscribed to the service demonstrates which characteristic that distinguishes products from goods

Answers

The fact that consumers can only listen to these songs when they have actively subscribed to the Spotify service demonstrates the perishability characteristic that differentiates products from goods.

The services have the following characteristics:

IntangibilityInseparabilityVariabilityPerishability

Since perishability is a characteristic that guarantees that services cannot be stocked, that is, if they are not used, they cease to exist.

Therefore, when canceling the subscription to the music streaming service, users were no longer able to have the songs downloaded on their phone available, demonstrating the perishability characteristic of the services.

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The only accurate statement about consequentalism is:

Answers

Answer:

is a class of normative, teleological ethical theories that holds that the consequences of one's conduct are the ultimate basis for any judgment about the rightness or wrongness of that conduct.

a) Using the information in the table above, calculate the value of GDP for Sandy Island in 2019 (Show your calculation).
b)Calculate the value of net exports (Show your calculation).

Answers

a) Sandy Island's 2019 GDP is $1,200 billion.

b) The value of the net exports is -$200 billion ($300 - $500 billion).

Data and Calculations:

Personal Consumption Expenditure = $900 billions

Government Expenditure = $300 billion

Net Indirect Taxes = $350 billion

Investment Expenditure = $200 billion

Exports of goods and services = $300 billion

Imports of goods and services = $500 billion

Depreciation = $100 billion

In Economics, Sandy Island's 2019 GDP is defined by the following formula: GDP = C + I + G + NX

Where GDP = Gross Domestic Product

C = Personal Consumption Expenditures

I = Investment (business expenditures and home purchases by households)

G = Government Expenditure or Spending

NX = Exports - Imports

Thus, Sandy Island's 2019 GDP = $1,200 ($900 + $200 + $300 + $300 - $500) billion.

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A family wants to be able to give their child $5,000 per year for 4 years of college. The child will leave for college in 8 years, at which point the family will stop contributing to the college fund. How much money should be set aside each year on the child's birthday in order to follow through with this plan

Answers

Answer:

$2500

Explanation:

An amount of $1,245 should be set aside each year on the child's birthday to follow through with the plan of giving $5,000 per year for 4 years of college. Option C is the correct answer.

To determine the amount of money that should be set aside each year on the child's birthday to follow through with the plan of giving $5,000 per year for 4 years of college, we need to calculate the annual payment (P) using the present value of an annuity formula. Option C is the correct answer.

The present value of an annuity formula is given by: PV = P * [1 - (1 + r)^(-n)] / r

Where PV is the desired future value, r is the interest rate, and n is the number of years. In this case, the desired future value is $5,000 per year for 4 years, so PV = $5,000 * 4 = $20,000.

The interest rate is given as 10%, so r = 0.10.

The child will leave for college in 8 years, so n = 8.

Now, let's calculate the annual payment (P): P = ($20,000 * 0.10) / [1 - (1 + 0.10)^(-8)]

Simplifying the equation further, we get: P = $2,000 / [1 - (1.10)^(-8)]

P ≈ $1,245

Therefore, the amount of money that should be set aside each year on the child's birthday in order to follow through with this plan is approximately $1,245.

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#SPJ2

The complete question is, "A family wants to be able to give their child $5,000 per year for 4 years of college. The child will leave for college in 8 years, at which point the family will stop contributing to the college fund. How much money should be set aside each year on the child's birthday in order to follow through with this plan? Assume an interest rate of 10%.

a. $1,291

b. $1,386

c. $1,245

d. $957"

Scarcity can be eliminated through

A) the use of market mechanisms.
B) exploration that helps us find new resources. C) wise use of our resources.
D) None of the above because scarcity cannot be eliminated.​

Answers

Answer:

D) None of the above

Explanation:

because scarcity cannot be eliminated

In order for money to work properly, there can be only a certain amount of it in
the economy and there must be rules on who can print it. This is an element
of which characteristic of money?
A. Divisibility
B. Acceptability
C. Limited supply
D. Uniformity

Answers

Explanation:

A. Divisibility

or C. Limited Supply,

B. Acceptability

Money is a medium of exchange, it is divisible, acceptable, and scarce supply.

What exactly is the definition of money?

Something widely accepted as a medium of exchange, a measure of value, or a method of payment: for example. A: newly minted metal currency that has been officially coined or stamped, B: monetary value.

Money's characteristics are:

A. Dissolvability

B. Acceptance

C. Scarcity of Supplies

Therefore, options A, B, and C aptly explain the money's characteristics.

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2. There is no way to resolve the conflict between commercial business goals and those of social innovation. True or False?
a. True
b. False

Answers

There is no way to resolve the conflict between commercial business goals and those of social innovation. Social innovation follows a different process to more commercial forms of innovation. Whilst empathy and a need for social justice may be necessary attributes of a social entrepreneur, they are not sufficient. so true.

In buying an existing business the prospective buyer should ask questions about the operation of the business which of the following would be an appropriate question to ask

Answers

In buying an existing business, the questions that would be appropiate for the prospective buyer to ask are the following:

E. All of the above are appropriate questions to ask.

I was able to find the complete exercise online and the exercise had five options to choose from. These are the options:

A. Is the business operating at a profit? B. Why are you selling? C. Are there any problems with the business? D. Will the customers stay with the business?E. All of the above are appropriate questions to ask.

The correct option was "E" because all the questions are not only appropiate but necessary to ask.

When buying an existing business, you need to know everything about the business and the reason why the owner is selling because it may make you change your opinion or help you make future decisions.

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Answer: A) What are you going to do with the down payment?

Explanation:

I got it right trust

Based upon Booked Orders and Sales Predictions, we expect to need the following finished goods over the planning period: 140 Product A We currently have the following Finished Goods Products in Inventory: 80 Product A We have scheduled the following to be produced in the factory within the planning period: 30 Product A How many products should we include on future Planned Production Orders?

Answers

The amount of products that should be included on the future Planned Production Orders is 30 products.

Using this formula

Future Planned Production Orders (Product A)=Finished goods over the planning period- Finished Goods Products in Inventory-Expected production

Where:

Finished goods over the planning period=140 Product A

Finished Goods Products in Inventory=80 Product A

Production  in the factory within the planning period=30 Product A

Let plug in then formula

Future Planned Production Orders (Product A)=140-80-30

Future Planned Production Orders (Product A)=30 products

Inconclusion the amount of products that should be included on the future Planned Production Orders is 30 products.

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If u had to wear the same shoes, what would it be? Mine would be jordan's cause that's what I wear everyday

Answers

crocs because they are comfortable

Answer: Same, i got these new Red and Black jordans that look fineeeeeeee

Explanation:

Which part of the Business Cycle would this graph represent?

Answers

bust is the correct answer

Camilla works as a data entry specialist in the local government offices. The government office is trying to update by getting rid of all paper records. Which is where Camilla comes in. What is one task that Camilla might have as part of the job
I will give 20 points And brainliest

Answers

Answer:

Camilia would likely have to either 1. scan the documents to online or 2. Copy all information on the documents to online. Due to it being a government officer, all documents are likely important and will be copied to the cloud/drive.

Explanation:

This is just a answer using logic, not any actual definitions.

Answer:

scanning the records into the system

Explanation:

its the most logical considering they want all paper records gone, but probably want to keep them in the system

Consider that your income has decreased this year from $50,000 to $10,000. You bought 2 quantities of product B last year and decide to purchase 9 quantities of product B this year. Keeping all other factors the same, which statement is correct regarding your income elasticity of demand and product B?

Answers

The statement that is correct regarding the income elasticity of demand and product B is E. The income elasticity of demand is -0.95 and the designer jeans are considered inferior goods.

From the complete question, the elasticity of demand will be calculated thus:

= (9 - 2)(50000 + 10000) / (2 + 9)(10000 - 50000)

= -420/440

= -0.95

Therefore, the income elasticity of demand is -0.95 and the designer jeans are considered inferior goods since it has a negative income elasticity of demand.

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Kendra is a quality assurance inspector for a toothpaste manufacturer what would be one task that Kendra might perform as part of her job
I give 20 points

Answers

Answer:

A. Kendra opens random boxes of toothpaste and inspects the tubes inside.

I am sorry if it is not correct, it just seems like the most logical answer, as she assures the quality of toothpaste.

Randall Go-Karts sells motorized go-karts. Randall Go-Karts are motorized and are typically purchased by amusement parks and other recreation facilities, but are also occasionally purchased by individuals for their own personal use. The company uses a perpetual inventory system. Selected transactions in the month of December follow:

Requirement: Describe how each of the contingent liabilities in the selected December transactions would be treated in Tripp's financial statements for 2022.

a. Dec 22 transaction will be footnoted as a contingent liability.
b. Dec 22 transaction will not be footnoted because it is unlikely to be a loss.
c. Dec 31 transaction will be reported as a liability on the balance sheet and an expense on the income statement. Transaction will also be footnoted.
d. Dec 5 transaction will be reported as a liability on the balance sheet and an expense on the income statement. Transaction will also be footnoted.
e. Dec 27 transaction will be reported as a liability on the balance sheet and an expense on the income statement. Transaction will not be footnoted since it is recorded on the financial statements.
f. Dec 27 transaction will be reported as a liability on the balance sheet and a loss on the income statement. Transaction will also be footnoted.
g. Dec 31 transaction will be reported as a liability on the balance sheet and an expense on the income statement. Transaction will not be footnoted since it is recorded on the financial statements.
h. Dec 5 transaction will be footnoted as a contingent liability.

Answers

The description of the treatment of each contingent liability, arising from the affected December transactions in the financial statements of Tripp are as follows:

1. Dec 5 transaction will be treated as h. footnoted

2. Dec 22 transaction will not be treated as b. not footnoted

3. Dec 27 transaction will be reported as e. liability and expense

4. Dec 31 transaction will be reported as g. liability and expense

Thus, contingent liabilities are disclosed if their amounts can be reasonably estimated and they are likely to occur.  They are footnoted if the amounts cannot be reasonably estimated, though they are likely to occur.

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The transactions are in the attachment.

Which questions can most help a writer revise an argumentative essay?

Answers

Answer:

Explanation:

Argumentative essays are written to prove a point and convince the reader that your claim is superior to opposing points. Therefore, A) “Do details help support the claim?” Is the best answer out of these choices..

is D right?

Scarcity can be eliminated through
A) the use of market mechanisms.
B) exploration that helps us find new resources. C) wise use of our resources.
D) None of the above because scarcity cannot be eliminated.

Answers

Answer:

C

Explanation:

wise use of our resources

Answer:

Hello, There! I'll be Gald to help!

Question

Scarcity can be eliminated through

Answer

C is the Correct Answer

Explanation:

By Using Our resources Wisely We Would Not have scarity Because We are using them Wisely

Also

This reduces scarcity and gives us more satisfaction from our existing resources.

Therefore The Answer is option C.

What is the origin, development, and importance of ethics in business?

Answers

Answer:

The notion of ethics in business can be traced back to the earliest forms of bartering, based on the principle of equal exchange. Countless philosophers and economists have examined the topic, from Aristotle and his concept of justice to Karl Marx's attack on capitalism.

mark me as a brainlist.

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Can someone solve this and thanks the defination of ally The difference between magma and lava is ________. A. magma cools more rapidly than lava magma is found beneath the surface, whereas lava is found at the surface B. magma is found at the surface, whereas lava is found below the surface C. There is no difference; the two terms mean the same thing. Use the pie section above to answer this question.The pie section shows Earth's composition from the center to the surface. Section IV is most likely composed ofsolid iron.basalt rock.liquid iron.granite rock.And sorry for not putting the picture in the first one 4.Either Sheena or her brother _______ coming for the programme today (Insert the suitable form of 'be') (Please someone help me!) (No links!)What is the theme of the poem "To James"? 28-(3x+4)=2(x+6)+x How would you solve this??? Please add step by step explanation In the economy of Nation A, natural laws of economics such as supply and demand completely control the economy with no interference from government. This is an example of a (5 points)Group of answer choicesmixed economymarket economyplanned economysocialist economy which natural disasters is most likely to occur if you are living near the river how would the rate of diffusion change if the po2 in the capillaries was 40 mmhg and the po2 in the muscle cell changed from 40 to 20 mmhg? when did president eisenhower addressed the national convention Read the quote from President Wilsons letter to the National Child Labor Committee. "As the labor situation created by the war develops I am more interested than ever, if that were possible, in throwing all the safeguards possible around the labor of women and children." The "labor situation" Wilson refers to most likely concerned him because: going to war meant US industry had to begin manufacturing military supplies. women and children had to do the jobs of male workers who became soldiers. no one was left to support families when men enlisted and went to war. women and children had to replace striking factory workers. Two way tables!! Help!!!! ( only the bottom one ) the technique in which things to be remembered are placed at different locations in a mental image of a spatial layout is known as the energy of a photon is inversely proportional to its: time for more memesssssssssssssssssssssss Explain why the element of an atom doesn't change if you remove or add electrons or neutrons compare and contrast the British cononial administration with that of the French colonial administration The ratio of the side length of square A to the length of Square B is 4:9 The side length of square A is 12 yards. What is the perimeter of Square B Please answer this hurry!!!!!