A company pays its employees $9,100 every two weeks ($650/day). The current two- week pay period ends on December 26, 2018, and employees are paid $9,100. The next two-week pay period ends on January 9, 2019, and employees will be paid $9,100. Record the adjusting entry on December 31, 2018. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view general journal Journal Entry Worksheet 1. Record the adjusting entry on December 31, 2018. 2. General Journal Debit Credit Date December 31 2018 Enter debits before credits

Answer:

Option (d) is correct.

Explanation:

Initial price of perfume three years ago = $75

New price of perfume = $100

Therefore,

Percentage change in the perfume price:

= [(New price of perfume - Initial price of perfume) ÷ (Initial price of perfume)] × 100

= [($100 - $75) ÷ ($75)] × 100

= 33.33%(approx)

Hence, the percentage change in the perfume price is 33.33%.

Final answer:

The percentage change in the price of the perfume is calculated using the given formula, resulting in a 33.33% increase, which rounds to the nearest given option of 33%.

Explanation:

The question asks for the percentage change in the price of a perfume. Initially, the perfume was purchased for $75 and later priced at $100. To find the percentage change, we use the formula: (New Price - Original Price) / Original Price × 100. Plugging in the values gives: ($100 - $75) / $75 × 100 = $25 / $75 × 100 = 33.33%. Therefore, the closest percentage change from the options given is 33%.

Answer:

The correct answer is letter "A": full screen.

Explanation:

The full screen is a scoring model carried out to determine the feasibility of a product. In this stage, the technical and commercial aspects of that product are evaluated to find out if it is possible to be materialized or if the development of that good should stop.

Answer:

$352,000

Explanation:

Alpha Company reported the following figures:

Inventory on July 1 = $75,000

Inventory on July 31 = $43,000

Purchases for the month = $320,000

Cost of Direct material used = Inventory on July 1 + Purchases for the month - Inventory on July 31

Cost of Direct material used = $75,000 + $320,000 - $43,000

Cost of Direct material used = $352,000

Final answer:

To record Jones Enterprises' transactions in the accounting equation, $3,900 was received from creditors as a liability, and $9,100 was contributed by owners as owner's equity. The company then purchased land for $11,000, which leaves the final accounting equation balanced with total assets of $13,000 – including $2,000 in cash and $11,000 in land – equating to the sum of liabilities and owner's equity.

Explanation:

To record the events under an accounting equation, we must consider the impact on the company's assets, liabilities, and owner's equity. Jones Enterprises started by acquiring cash from two sources: creditors and owners. Here's how the accounting equation would be represented:

Initial Transactions:

As a result, the cash account (an asset) increases by ($3,900 + $9,100) = $13,000.

Jones Enterprises then purchases land for $11,000, which is another asset.

Accounting Equation:

Total Assets after purchase: Land $11,000 + Cash $2,000 = $13,000

Total Liabilities after cash from creditors: $3,900

Total Owner's Equity after cash from owners: $9,100

Final Accounting Equation: $13,000 (Assets) = $3,900 (Liabilities) + $9,100 (Owner's Equity)

All the transactions recorded affect the accounting equation and maintain the balance, which is a fundamental concept in accounting.

Answer:

0.67

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If the family buys one can of soup, the opportunity cost is the frozen food forgone.

Opportunity cost of one can of soup = 60 / 90 = 0.67

I hope my answer helps you

The opportunity cost of buying an extra can of soup, when the entire budget can afford either 90 cans of soup or 60 frozen dinners, is 0.67 frozen dinners.

The subject at hand is referred to as opportunity cost, a fundamental concept in economics. Opportunity cost refers to the cost of foregone alternatives. If you choose one thing, you miss out on enjoying the benefits of the next best thing.

In your case, if a family spends its entire budget and can afford either 90 cans of soup or 60 frozen dinners, the opportunity cost of purchasing an additional can of soup is the number of frozen dinners that could have been bought with the same amount of money.

To calculate this, you divide the total number of dinners (60) by the total number of soup cans (90), which equals to 0.67. Therefore, the opportunity cost of buying an extra can of soup is 0.67 frozen dinners

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Answer:

$78,000

Explanation:

Total cost of producing 2,000 tires:

= [(Direct materials + Direct manufacturing labor + Variable manufacturing overhead) × 2,000 units] + Fixed cost

= [($20 + $3 + $6) × 2,000 units] + ($10 × 2,000 units)

= $58,000 + $20,000

= $78,000

Therefore, the total cost of producing 2,000 tires is $78,000.

The total cost of producing 2,000 tires is $68,000, calculated by doubling the variable costs for 2,000 tires, which is $58,000, and adding the fixed costs, which remain at $10,000.

To calculate the total cost of producing 2,000 tires, we need to consider both variable and fixed costs. Variable costs will increase proportionally with production, while fixed costs will remain constant regardless of the number of units produced. Since Bike St. Pete is considering doubling its production from 1,000 to 2,000 tires, we can simply double the variable costs and add them to the fixed costs.

The variable costs per unit include direct materials ($20), direct manufacturing labor ($3), and variable manufacturing overhead ($6), which sum up to $29. For 2,000 tires, this equates to 2,000 x $29 = $58,000 in variable costs. The fixed manufacturing overhead is $10 per tire, but since it's a fixed cost, it does not change with the number of units produced. For 1,000 tires, it amounts to 1,000 x $10 = $10,000.

When production is expanded to 2,000 tires, the fixed cost remains at $10,000. Therefore, the total cost of producing 2,000 tires is the sum of the variable costs for 2,000 tires and the fixed costs, which is $58,000 + $10,000 = $68,000.

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Answer:

When you see the operations of an organization, it is composed of different factors, one of them is the decision process because people who have obligations must have the ability to make the best decisions, then each person in the organization is in the role which should know the functions they fulfill and therefore, must always keep updating their capabilities and finally, the processes are very relevant because the definition of each of the processes efficiently, makes the organization controls are complied with if These are not efficient, there would be a failure in what the objectives are.

Answer:

Option (c) is correct.

Explanation:

According to the accounting equation,

Assets = Liabilities + Shareholder Equity

Increase in equity of stockholders:

= Ending stockholders equity - Beginning stockholders equity

= $140,000 - $122,000

= $18,000

Increase in asset during 2018:

= Total asset at the end of 2018 - total asset at the beginning of 2018

Hence,

Increase in asset during 2018 = Increase in liabilities + Increase in equity of stockholders

(Total asset at the end of 2018 - total asset at the beginning of 2018) = (Increase in liabilities + Increase in equity of stockholders)

(Total asset at the end of 2018 - $149,000) = ($69,000 + $18,000)

Total asset at the end of 2018 = $87,000 + $149,000

                                                  = $236,000

Final answer:

The total assets at the end of 2018 for Kowalski Company are calculated using the accounting equation. With an increase in stockholders' equity of $18,000 and liabilities of $69,000, the total assets amount to Option C: $236,000.

Explanation:

The student is asking about calculating the amount of total assets at the end of 2018 for Kowalski Company based on the provided stockholders' equity and liabilities information, using the accounting equation:

The accounting equation is Assets = Liabilities + Stockholders' Equity. The increase in Stockholders' Equity during 2018 is $140,000 - $122,000 = $18,000. Since liabilities increased by $69,000, the change in assets is the sum of the increase in stockholders' equity and increase in liabilities, which is $18,000 + $69,000 = $87,000.

Therefore, the total assets at the end of 2018 are the assets at the beginning of 2018 plus the change in assets, which equals $149,000 + $87,000 = $236,000. The correct answer is Option C: $236,000.

Answer:

E. shareholders from the excesses and failed oversight of firms.

Explanation:

The Sarbanes-Oxley Act of 2002 was designed to protect investors and shareholders from accounting frauds, misguided financial statements and intentional errors by improving accuracy and reliability of company's accounts. This act was created in response to financial scandals and frauds that took place before 2002. Public corporations are required to comply with the Laws and regulations in the Sarbanes-Oxley Act.

Answer:

Explanation:

1) After tax cost = pre-tax cost * (1-t) = 31000*(1-37%) = $19530

After tax cost  = $19530

2)

Tax savings = 31000*37% = 11470

Present Value of Tax Savings = 11470*0.952 (1 Year, 5 percent) = $10919

After cost = 31000-10919 = $20081

Answer:

probability  = 0.05761

Explanation:

given data

P(X) = 30% = 0.30

P(Y | X) = 15% = 0.15

P( Y' | X') = 8% = 0.08

here X is package is delivered  

and Y is weight 2 lbs or more

solution

here we can say that P(X and Y) is express as

P(X and Y) = P(Y|X) × P(X)   .............1

put here value and we get

P(X and Y) =  0.15 × 0.30

P(X and Y) =  0.045

so probability of package is delivered of weighs 2 lbs or more P (Y) is

P (Y) = P(Y|X) × P(X) + P(Y|X') × P(X')  ............2

put here value we get

P (Y) = 0.15 × 0.30  + 0.8 × 0.92

P (Y) =  0.781

so required probability is = [tex]\frac{P(X\ and\ Y) }{P(Y)}[/tex]    

probability  = [tex]\frac{0.045}{0.781}[/tex]  

probability  = 0.05761

The demand for the coffee will decrease with the rise in the fee because of decrease in the money in hand of the student.

Explanation:

Demand of a particular product is related to many factors. Some of the factors affecting the demand of a good are price of the good, income of the consumers, taste, fashion, availability of substitutes and so on.

In the above given example, since with the rise in the tuition and the fee of the student, the money in the hand of the student decreases, so he will have less money to spend. Therefore the demand of the coffee will also decrease with this increase.

The increase in tuition and fees for the next semester is likely to impact the demand for Moondogs Coffee.

The increase in tuition and fees for the next semester by 15% is likely to have an impact on the demand for Moondogs Coffee. When the cost of attending college increases, students may look for ways to cut down on expenses, potentially including reducing spending on non-essential items such as coffee. However, it is important to consider that the impact on Moondogs Coffee demand will also depend on factors such as the availability of alternative coffee options on campus and the extent to which students value their coffee consumption.

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Final answer:

To switch from product to customer orientation, an organization needs to change its structure, strategies, and operations, with effective people management being central to this transition. Management needs to establish a sense of urgency and explain the need for change. These adjustments may encompass new roles, procedures, technologies, and a shift in corporate culture towards customer focus.

Explanation:

Organizational Changes Towards Customer Orientation:

When an organization decides to switch from a product orientation to a customer orientation, it must undertake a variety of structural changes. These changes include revising the company's structure, strategy, policies, and procedures to focus on customer needs rather than simply pushing products. Given that organizational change can provoke resistance, especially if there is a history of short-lived or unsuccessful changes, management needs to develop a sense of urgency for the change, demonstrating the necessity due to external or internal threats to the organization's competitiveness or survival. The scale of the change is also important, as a big shift such as adopting an enterprise resource planning (ERP) system has different implications compared to smaller changes like a new computer program.

Effective people management is crucial in a shift in orientation. The planned change could influence the entire mode of operation and can be as elaborate as moving to a matrix structure or as detailed as adopting new operating systems and addressing shareholder mentality about social and sustainability concerns. To garner support, those leading the change must communicate clearly about the need for change, as exemplified by the transformation enacted by Lou Gerstner at IBM.

Regardless of the scale, these changes often require employees to adapt to new roles and new ways of thinking, which can be facilitated by leadership that supports a culture of customer-centricity, cross-functional collaboration, and continuous improvement. Organizations may need to shift from vertical to horizontal structures, emphasize team-based approaches, and implement new supportive technology to put the customer at the center of their strategy.

To switch from a product-oriented company to a customer-oriented company, organizations must shift shareholder mentality towards long-term customer loyalty, redesign corporate structures, critically reassess business processes, and foster a culture of embracing change.

To transform from a product-oriented company to a customer-oriented company, organizations must undertake several key structural changes.

Complete question:

What structural changes must an organization undertake to switch from a product-oriented company to a customer -oriented company?

Answer:

B. $214,000

Explanation:

The insurance premium paid for a 3 year period should not have been expensed out rightly but recognized as expense through periodic amortization spread over the entire period.

As such, the amount that should have been expensed in 2011 for insurance premium is

= 1/3 × $30,000

= $10,000

Recognizing an expense of $10,000 rather than $30,000 would have resulted in an increase in the tax expense by

= 70% × ($30,000 - $10,000)

= $14,000

As such, the retained earnings would have been

= $200,000 + $14,000

= $214,000

The overstatement of an expense would have resulted in an understatement of net income and thus and understatement of the retained earnings.

Answer:

Explanation:

Trade increases the amount of goods that are available for each country to consume. The consumption possibilities point of an economy is derived from  its opportunities of international trade, production capacity and consumer behavior.

International trade increases competition in the market which ultimately leads to lower prices of commodities. It provides the consumers the purchasing power capacity of their own income, and leads a rise in consumer surplus and consumption.

To determine the price that a company would charge a customer for a job completed, you need to first calculate the total cost of the job, then add 45% of that total cost to find the final price. In this case, the company would have charged the customer $12,325.

First, we need to calculate the total cost of the job. This is the sum of the cost of direct labor and the cost of direct materials. In this case, the cost of direct labor is $4,900 and the cost of direct materials is $3,600. So the total cost is $4,900 + $3,600 = $8,500.

The company prices its jobs at 45% above the job’s cost. So we need to calculate 45% of the total cost, which is $8,500 × 0.45 = $3,825.

Then, we add the total cost and the additional 45% to find the price that would have been charged to the customer. That would be $8,500 + $3,825 = $12,325. Rounded to the nearest dollar, the price charged would have been $12,325.

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Answer:

12,937.5 megawatt-hours of electricity per employee

Explanation:

Average product is the output produced per unit of input. In this case the total output is 207,000,000 megawatt-hours of electricity and the variable input is the number of employees (16,000).

Average product = 207,000,000 megawatt-hours of electricity / 16,000 employees = 12,937.5 megawatt-hours of electricity per employee

*When you are measuring average product per employee, the term that is generally used is labor productivity, sounds a little better.

Answer:

The contribution margin per unit is $370

Explanation:

Contribution margin per unit is the amount that each additional unit sold contributes towards a company’s fixed costs and profit and calculated by following formula:

Contribution Margin per Unit = Sales Price – Variable Cost per Unit

Variable Cost per Unit  = Marketing and administrative cost per unit + Manufacturing overhead cost per unit + Direct labor cost per unit + Direct materials cost per unit = $50 + $80 + $100 + $200 = $430

Contribution Margin per Unit = $800 - $430 = $370

Answer:

1. a) A change in the price of peanut butter

c) A change in the price of labor (used in the production of peanut butter)

2. b) A change in expectations about the future price of peanut butter

c) A change in the price of peanut butter

Explanation:

1. As we know in Economics that increase in demand lead to increase in supply and vice versa. But this increase in demand can arise if the price is low. therefore, a change in quantity supply can be due to a change in price of the peanut.

(increase price will lead to decrease in supply and vice versa)

a) A change in the price of peanut butter

c) A change in the price of labor (used in the production of peanut butter)

A change is price of labor can be one determinant of price of peanut. therefore, a change in price of labor can also be a determinant to the movement of supply curve.

2.Which of the following would cause a shift in the supply curve for peanut butter?

A shift in supply curve can be cause by the following:

b) A change in expectations about the future price of peanut butter: Seller expectation that may be at a particular period, the goods tends to be expensive. this is common in seasonal goods.

c) A change in the price of peanut butter: as explain above

A movement along the supply curve for peanut butter is caused by a change in the price of peanut butter. A shift in the supply curve can be caused by a change in the number of producers, a change in expectations about the future price of peanut butter, or a change in the price of peanut butter.

1) A movement along the supply curve, or a change in the quantity supplied, can be caused by a change in the price of peanut butter. When the price of peanut butter increases, producers are willing to supply more because they can make a higher profit. On the other hand, if the price of peanut butter decreases, producers may reduce the quantity supplied.

2) A shift in the supply curve for peanut butter can be caused by several factors. A change in the number of producers, such as new companies entering or existing companies exiting the market, can lead to a shift in supply. Expectations about the future price of peanut butter can also impact the supply. For example, if producers expect the price to increase in the future, they may decrease supply now to take advantage of higher prices later. Additionally, a change in the price of peanut butter can affect the supply curve. If the price of peanut butter input (e.g., peanuts) increases, it can lead to a decrease in supply as it becomes more expensive to produce peanut butter.

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Answer:

The correct answer is A. Test.

Explanation:

A test is different from an experiment: Before performing a test, there is an expected result. The test is performed to show this result. In an experiment, the result is open. Very often, tests are performed as part of an experiment.

Answer:

$2,425

Explanation:

Value of House = $135,000

Value of Land = $35,000

Value of Building = $135,00 - $35,000

Value of Building = $100,000

As There is no depreciation on the Land, so value of building will be depreciated

Assumption:

Year end date is not mention in the question so I have assumed it as December 31, 2018.

Option for the question are also missing so for you reference original question's picture is attached please find that.

As depreciation percentage or useful life of the building is not given so I just copied this from the internet and solved the question accordingly.

Copied: "Research the MACRS recovery period for the property by determining its class. Residential rental property can be depreciated for 27.5 years. Commercial rental property can be depreciated over 39 years. You cannot depreciate a residential property that you have rented for more than 27.5 years."

Considering this House as residential rental property.

Depreciation for a year = 100,000/27.5 = $3,636

Depreciation for the year = (3,636/12) x 8 = $2,424

Nearest option is $2,425

Answer:

The journal entry for each transaction is given below.

April 1 Invested $23,000 cash in her business.

Debit Cash Asset            $ 23,000

Credit Capital Account    $ 23,000

1 Hired a secretary-receptionist at a salary of $800 per week payable monthly.

(No entry required)

2 Paid office rent for the month $1,100

Debit Rent Expense    $ 1,100

Credit Cash Asset        $ 1,100

3 Purchased dental supplies on account from Dazzle Company $4,900.

Debit Supplies Inventory    $ 4,900

Credit Account Payable      $ 4,900

10 Performed dental services and billed insurance companies $4,600

Debit Receivables account     $ 4,600

Credit Service Revenue           $ 4,600

.11 Received $1,300 cash advance from Leah Mataruka for an implant.

Debit Cash Asset                              $ 1,300

Credit Advance Income Liability      $ 1,300

20 Received $2,500 cash for services performed from Michael Santos.

Debit Cash Asset Account    $ 2,500

Credit Receivable Account   $ 2,500

30 Paid secretary-receptionist for the month $3,200.

Debit Salary Expense    $ 3,200

Credit Cash Asset          $ 3,200

30 Paid $3,140 to Dazzle for accounts payable due

Debit Account Payable   $ 3,140

Credit Cash Asset           $ 3,140

Vera Ernst journal entries for the transactions are:

April 1

Debit Cash             $ 23,000

Credit Owner's Equity    $23,000

(To record owner's Investment)

April 1

No journal entry

April 2

Debit Rent Expense    $ 1,100

Credit Cash         $ 1,100

(To record office rent)

April 3

Debit Supplies     $ 4,900

Credit Account Payable-Dazzle company  $ 4,900

(To record  supplies on account)

April 10

Debit  Account Receivables -Insurance company   $ 4,600

Credit Service Revenue           $ 4,600

(To record services performed)

April 11

Debit Cash                               $ 1,300

Credit Unearned revenue      $ 1,300

(To record Cash received for future services)

April 20

Debit Cash $ 2,500

Credit Service revenue   $ 2,500

(To record Cash received for services performed)

April 30

Debit Salary Expense    $ 3,200

Credit Cash           $ 3,200

(To record salary expense)

April 30

Debit Account Payable   $ 3,140

Credit Cash      $ 3,140

(To record amount paid to Dazzle on account)

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When only producing one or two types of bicycles, difficulties can arise due to unmet demand, the need to produce fewer of one type in order to produce more of another, and the potential need to lower prices.

In a real situation, there are various difficulties that can arise when only producing one or two types of bicycles. One of the difficulties is that there may be demand for the types of bicycles that are not being produced, which can create problems for the company. For example, if the company only produces mountain bikes and road bikes, but there is also demand for hybrid bikes, the company may miss out on potential sales and profit. Additionally, producing more of one type of bicycle may mean producing fewer of another type, which the linear programming model does not account for. Lastly, the company may need to lower the price of one type of bicycle to sell predicted quantities, which would reduce the profit generated.

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Answer:

The correct answer is C

Explanation:

Managerial economics is the term which is defined as the amalgamation of the theory of economic with the practices of the business in order to ease the decision making as well as future planning through management. This assist the managers of the business in the rational solution of problems faced in the activities of the firm.

The purpose or motive of the managerial economics is that to increase the  decision making efficiency in order to increase the profit of the business. Therefor,e it is best defined as the one which helps the managers in taking decisions while in facing the scarcity.

Final answer:

Galehouse Gas Stations Inc. expects an increase in sales which affects funds due to profits and dividends. With a 60% dividend payout, the cash balance increases by $71,600. If dividends are reduced to 35%, the cash balance increases by $75,100.

Explanation:

To calculate the effect of sales growth on funds for Galehouse Gas Stations Inc., we will take into account several factors, including the profit margin, net asset ratio, and dividend payout ratio.

a. Effect of Growth on Funds with a 60% Dividend Payout:

Galehouse Gas Stations Inc. expects an increase in sales from $1,610,000 to $1,810,000, which is an increase of $200,000. With the 7% return on sales, the expected profit from the increase in sales is 7% of $200,000, which equals $14,000. Out of this profit, 60% will be paid out as dividends, which amounts to $8,400 ($14,000 * 60%). Since 40% of sales is expected to be in the form of net assets, the increased net assets would be 40% of $200,000, which equals $80,000. Thus, the overall increase in funds would be the increase in net assets minus the dividends paid out: $80,000 - $8,400 = $71,600.

b. Effect of Growth on Funds with a 35% Dividend Payout:

If the dividend payout is reduced to 35%, the dividends paid out from the $14,000 profit will amount to $4,900 ($14,000 * 35%). Following the same logic as in part a, the increase in funds would be $80,000 (net assets increase) minus $4,900 (dividends paid out), increasing funds of $75,100. Therefore, the change in cash balance is an increase of $75,100.

Answer:

Because competition makes each religion group try harder to win followers and the presence of numerous religions means that there is likely to be something for just about everyone.

Explanation:

The economics of religion is an area of ​​study whose objectives are to analyze the historical and sociological aspects of the development of religions and to investigate certain religious aspects around the world.

This type of economy is impacted by several factors, and seeks to understand the influence of religions on economic society, such as the regulation of economic growth in religious markets, religious pluralism, the study of different religions, the donation of resources, the creation of religious conflicts, cooperation with the development of societies, etc.

Therefore, studies of religious economics are relevant to understand how historical religious facts were relevant to the growth of adherents and the emergence of new religions that justified different beliefs and values ​​of groups.

Answer:

The answer is $50

Explanation:

100(45) * 0.5 + 4500= $6750

[6750-100x] / 100x = 0.35

6750 = 135x

x = $50

A margin call will be triggered when the stock price falls to approximately $34.62 in a scenario of short-selling 100 shares at $45 each with an initial margin of 50% and a maintenance margin of 35%.

The situation mentioned involves short-selling 100 shares at $45 each with an initial margin of 50%. The maintenance margin is 35%, and we want to find the stock price that triggers a margin call.

First, calculate the equity initially in the account: 100 shares * $45 * 50% = $2250. This is the amount you borrowed and must maintain in your account. The maintenance level is $2250 / (1 - 0.35) = $3461.54.

So, a margin call will occur when the value of 100 shares falls to $3461.54. Thus, the price per share triggering a margin call would be $3461.54 / 100 shares = $34.62 approximately.

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Answer:

it will take 20.75 year to reach amount $20000

Explanation:

It is given that average worker in China makes $5000 per year

So principal amount P = $5000

It is given that wage are keeping up with a rate of 7%

So rate of interest r = 7 %

We have to find the time in which amount will become $20000 per year

We know that total amount is given by [tex]A=P(1+\frac{r}{100})^n[/tex], here n is time period and r is rate of interest

So [tex]20000=5000(1+\frac{7}{100})^n[/tex]

So [tex]4=1.07^n[/tex]

Taking log both side

[tex]log4=nlog1.07[/tex]

[tex]0.6020=n\times 0.029[/tex]

n = 20.75 year

So it will take 20.75 year to reach amount $20000

The unregulated monopolist's price will always exceed his marginal cost and he will always operate in the elastic portion of his demand curve. This statement is True.

Explanation:

A monopolist exists when a particular individual or undertaking is the main provider of a specific item. This appears differently in relation to a monopsony which identifies with a solitary element's control of a market to buy a decent or administration, and with oligopoly which comprises of a couple of sellers ruling a market.

A monopolistic market is a hypothetical develop that portrays a market where just one organization may offer items and administrations to people in general. In an absolutely monopolistic model, the imposing business model firm can limit yield, raise costs, and appreciate super-typical benefits over the long haul.

Answer:

A)= 20+24Q-4Q^{2} (This is the equation for the net benefits)

B) 40; 40

C)MNB(Q)= 24-8Q

D) 16; -16

E) Q=3

F)0

Explanation:

a) To write out the equation for the net benefits.

First, net benefits represents the difference obtained when the total benefits exceed the total costs derived form Q units of the control variable

Based on the definition, the equation is as follows

N(Q)= B(Q) - C(Q)

representing

N(Q)= The Net benefits that are derived from Q level of control variable

B(Q)= The total benefits derived from Q units of control variable

C(Q)= The total cost form Q units of control variable

As we have been given the following:B(Q)= 100 + 36Q - [tex]4Q^{2}[/tex] and C(Q) = 80 +12Q

This means:

N(Q)= 100+36Q-4Q^{2}- (80+12Q)

= 100+36Q-4Q^{2}-80-12Q

=100-80+36q-12Q-4Q^{2}

=20+24Q-4Q^{2}

= 20+24Q-4Q^{2} (This is the equation for the net benefits)

b) Determine he net benefits when Q = 1 and Q=5

Step 1) when Q=1 we use the formula 20+24Q-4Q^{2}

= 20+24Q-4Q^{2}

= 20(24x1)-(4x (1^{2))

=20+24-4

=40

Step 2) when Q=5 we use the formula 20+24Q-4Q^{2}

= 20+24Q-4Q^{2}

= 20(24x5)-(4x (5^{2))

=20+120-4x25

=140-100

=40

c)To write out the equation for the marginal net benefits

Marginal net benefits represent the change experienced in net benefits with change in one unit of the control variable

The formula therefore is as follows:

MNB(Q)=MB (Q)-MC(Q)

Representing

MNB (Q)= The marginal net benefits at Q level of control variable

MB(Q)= marginal benefits

MC(Q)=Marginal Costs

We are already given: MB(Q) = 36 – 8Q and MC(Q) = 12.)

This means

MNB(Q)=MB (Q)-MC(Q)

= 36-8Q-12

36-12-8Q

=24-8Q

MNB(Q)= 24-8Q

d) Find the marginal net benefits

Step 1) when Q=1 we use the formula for marginal net benefit MNB(Q)= 24-8Q

=MNB(Q)= 24-8(1)

= 16

Step 2) when Q=5 we use the formula for marginal net benefit MNB(Q)= 24-8Q

=MNB(Q)= 24-8(5)

=24-40

=-16

e) Calculate the maximum net benefits which represent the maximum level where the marginal costs= marginal benefits (it is a control variable level).

MB(Q)=MC(C)

MB(Q)= Marginal benefits

MC(Q)= Marginal Costs

We already know that MB(Q) =36-8Q and MC(Q)=12

Therefore, maximum benefit

= MB(Q)= MC(Q)

=36-8Q=12

8Q=36-12

8Q= 24

Q= 3.

This means that when Q is 3, then the net benefits will be at its maximum level

f) Compute marginal net benefits which is the difference between the marginal costs and benefits

MNB(Q)=MB(Q)-MC(Q)

MNB(Q)= Marginal net benefits

MB(Q)= Marginal benefits

MC(Q)= Marginal Costs

we already know that  MB(Q) =36-8Q and MC(Q)=12

MNB(Q)= 36-8Q-12

=36-12-8Q

=24-8Q

Since the maximum level where net benefits are highest is 3 as calculated above, we then replace Q with 3 in the equation

MNB(Q)= =24-8(3)

= 24-24

=0

This means at Q level of 3, the net costs will be equal to the net benefits and the net benefits are at the maximum level.