Marjorie's Mugs sold 300 mugs last year for $20 each. Variable costs were $7 per mug and total fixed costs were $1,700. Marjorie's Mugs' profit was ______. Multiple choice question.

Answers

Answer 1

Answer: $2200

Explanation:

profit= 300 * (20 - 7) - 1700 = 2200


Related Questions

If a street address and a building name are included in an address, disregard a. none of these choices. b. both the street address and building name. c. the building name when determining filing order. d. the street address when determining filing order.

Answers

The thing which should be disregarded when trying to locate an address is:

d. the building name when determining filing order.

What is an Address?

This refers to a location where a person lives or where a place is found or situated and can easily be found.

With this in mind, we can see that when a person is trying to locate an address, it is important that he disregards the building name when determining filing order.

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A young professional man is working on a project involving the upgrading of a management information system. The project is being managed by the information systems department with the coordination of other departments occurring through normal channels. This professional is working in a ________ organization.

Answers

Answer:

functional

Explanation:

A young professional man is working on a project involving the upgrading of a management information system. The project is being managed by the information systems department with the coordination of other departments occurring through normal channels. This professional is working in a ____functional____ organization.

Why can most people in Hospitality and Tourism careers succeed with a secondary education as their highest level of education? Most workers will start advanced jobs with this level of education. Most workers are working on a seasonal basis in Hospitality and Tourism careers. Most workers receive on-the-job training to learn what they need to know. Most workers take post-secondary classes to work in Hospitality and Tourism careers.

Answers

Most people in Hospitality and Tourism careers get success with secondary education only as they receive on-job training to learn what they need to know.

What is a Hospitality and Tourism career?

Hospitality and Tourism career jobs involve providing planning, management, food, recreation, travel,  and similar services. These jobs provide higher monetary perks.

No minimum education is required to get a job in a hospitality and tourism career. This industry values experience more than education.

People are more likely to get success in hospitality and tourism as they learn and update themselves while doing the job. On-job training is an essential advantage of these careers.

Therefore, the correct option is c.

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Value is the cash value of an investment at some time in the.

Answers

Future Value is known to be the cash value of an investment at some time in the Future.

What is Future value (FV)?

Future value (FV) is known to be the amount  of a current asset at a future date due to a form of an assumed rate of growth.

This kind of value is vital to investors and financial planners, as they often make use of it in the estimation of how much an investment made today will be of a good worth in the nearby future.

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how many sectors are there in the environmental services pathway

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Answer:

how many sectors are there in the environmental services pathway ?

➢Environmental services are one of 12 classified service sectors under the GATS framework.

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PLEASE HELP ME (ECONOMICS ASSIGNMENT)!!! ASAPPP

Answers

Answer:

1. Classical Economics

2. Keynesian Economics

3. Demand-Side Economics

4. Supply-Side Economics

Explanation:

Giraffes use their extremely long necks to reach the leaves high up on acacia trees, which other animals cannot reach, giving them a food source for which they have few competitors. What can you conclude about natural selection from this observation

Answers

Answer:

The giraffes with the longest necks survive and produce offspring.

Explanation:

I took the test and it was right.

If you dont mind I know this is an older question, but can you give me brainliest? and 5 stars so that the other people know its right immediately when they look at it. Thank you.

Why do you think that people might treat a small purchase like a snack, differently from the way they would treat the purchase of something like a washing machine? Do you consider yourself a smart consumer? Why ?

Answers

I think people would treat a small purchase like a snack differently than that of a bigger purchase like a washing machine because they would like to save up money and spend less. By buying a snack it’s a very small amount of money whereas a washing machine is a big amount of money so most people would by a snack rather than a washing machine mostly if they had little money because if the bought a washing machine they would either have a very little bit of money left or no money at all. Also I would consider myself a smart consumer because I only buy things or spend my money if I really need the thing that I am spending my money on.

Your professor hands you a sealed bag of potato chips and asks you to open the bag and take out two scoops of chips. The scoops of chips are analogous to a __________ and the bag of chips is analogous to the __________.
A) sample; population
B) population; sample
C) hypothesis; population
D) generalizable scoop; sample scoop

Answers

The two scoops that the Professor told you to take from the bag are a sample. The rest of the bag of chips are the population.

What are samples and population?

The population is considered the entire group of variables that share a certain characteristic and are being measured. The entire bag of chips is therefore the population.

A sample on the other hand, is a smaller number of variables that is drawn from a population. The scoops were drawn from the bag (population) and so are the sample.

In conclusion, option A is correct.

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People achieve ______ when they have "balanced their margins" according to the utility-maximizing rule

Answers

It should be noted that People achieve Consumer's Equilibrium when they have "balanced their margins" .

What is Consumer's Equilibrium?

Consumer's Equilibrium  can be explained as the maximum satisfaction state by a consumer.

It is a situation where a  income is been used to purchase one or more commodities by consumer so as to achieve maximum satisfaction.

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Rosario and pamela work together. They are also friends outside of work. Rosario and pamela are constantly texting each other. Their supervisor comments that, while this might be fine outside of work, it’s inappropriate to constantly text each other in the office. This is an example of:.

Answers

The fact that Rosario and Pamela are co-workers but also friends outside of work corresponds to a context of interactions, which is a process of interaction between two people, which can occur in different ways.

Interpersonal comunication

It is defined as the exchange of information between two or more people through different channels and verbal or non-verbal signals.

In the workplace, therefore, interpersonal communication must occur in a professional and ethical way, so that there is maintenance of a strengthened organizational culture and based on cooperation.

The correct answer is:

Context os interactions

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Technical skills that apply to the business at hand are most often necessary at.

Answers

The area where technical skills are most often necessary is in the:

Lower levels of management

What is Management?

This refers to the organisation, handling and overall charge of a particular area of work.

With this in mind, we can see that technical skills are most often necessary in the lower levels of management in business as the require the ability to perform very specific tasks.

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Managers looking for advice on properly dealing with obsolete technology hardware can: Group of answer choices

Answers

There are lots of improve in technology. Managers looking for advice on properly dealing with obsolete technology hardware can consult the e-Stewards program.

What is obsolete hardware?

Obsolete is said to be a term that means  outdated computer hardware, software, technology, etc.

It means that they are no longer in use. Even though they are in working condition and they tend to be replaced by better technology. By consulting the e-Stewards program, suggestions will be given to you on how you should go about it.

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If the money market is in the liquidity trap, then people do not want to hold money because: __________

a. its value is at its lowest.
b. want to hold bonds because the interest rate is quite high.
c. do not want to hold bonds because their price is likely to decrease.
d. want to hold bonds because their price is high.
e. a, b and d

Answers

Answer:

a

Explanation:

Its value is at its lowest.

how does analytical skills help to solve problems​

Answers

Answer:

how does analytical skills help to solve problems

Analytical skills

The ability to examine information or a situation in detail in order to identify key or important elements, their strengths and weaknesses and use these to compile a persuasive argument, make recommendations or solve a problem.

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What is the maximum number of days Selma can use the cottage before her expense deduction will be limited to her gross rental income?

Answers

Answer: 14 days

Explanation:

Marketing to consumers based on research of the entire process consumers go through when making a purchase is known as _____

Answers

known as shopper marketing

The closing entry for dividends involves a debit to Retained Earnings and a credit to Dividends Declared. The debit to Retained Earnings causes a(n) in the balance of the account.

Answers

As a result of a debit to the Retained earnings account, the balance would decrease.

What happens when Dividends are declared?They are taken from the profits of the business.These profits are represented by the retained earnings account.

Retained earnings are an equity account which means that they are credited when they increase. When they are debited therefore, they will see a decrease.

In conclusion, the balance would decrease.

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A developer contracts to build a home according to the buyer's specifications. This is an example of which type of building?

Answers

The example of building that's illustrated by the developer is a custom building.

What is a custom building?

It should be noted that a custom building simply means a building that's built based on what the owner wants.

In this case, since the developer contracts to build a home according to the buyer's specifications, it s an example of custom building.

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After establishing values statement, what is the next step in planning?.

Answers

The next step in planning after establishing values statement is : How to accomplish the established goals.

What is planning process?

Planning process refers to a management process concerned with defining goals for a company's future direction and determining the resources required to achieve those goals. The planning process is the step a company takes to develop budgets to guide its future activities.

The management of any organization can be classified based on roles and responsibility as stated in the organization's charter. The next step is deciding how to accomplish the established goals.

Therefore, the next step in planning after establishing values statement is : How to accomplish the established goals.

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Suppose as a result of a 5% increase in the price of pizza, the demand for soft drinks decreases by 1.1%. In this example, soft drinks and pizza are

Answers

Soft drinks and pizza are example of complement goods.

What are complement goods?

Complement goods are goods, where the price of one rises and as a result the demand for the other falls. This implies that these two goods are complement.

Example of complement good is If the price of coffee​ rises, and as a result the demand for sugar​ falls, this implies that these two goods are complement.

Hence, the demand for soft drinks and pizza are example of complement goods.

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Firms that are price takers :___________
a) are small relative to the total market.
b) produce products that are different than their competitors.
c) can sell only a portion of their output at the market price.
d) have downward-sloping demand curves.

Answers

I think the answer is C)can sell only a portion of their output at the market price

The relationship between quantity supplied and price is ________ and the relationship between quantity demanded and price is ________. Group of answer choices

Answers

Answer:

direct, inverse

Explanation:

Hope it helps

Nick and Ethan would like to start a new business selling a product new to the United States. They have done a considerable amount of research on this product and think it would be successful. However, they are still concerned about the risk of a new venture and both would like to avoid losing any personal assets. They should organize their firm as a:___________

Answers

Nick and Ethan should organize their firm as a Corporation.

What is a corporation?

A corporation, is often known as a C corp. This is described as a kind of a legal entity that is said to be separate from all of its owners.

The Corporations is one that can make a profit, and they can be taxed, and also be held legally liable.

The Corporations is known to give a kind of the strongest protection to its owners from any kind of personal liability.

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If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology, the firm should consider:.

Answers

Answer:

On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.

Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology, the firm should consider:.

savon was suprised to learn that when his business grew and he needed to order more raw materials, the costs of materias and units production were less per item, this demonstrates the concept of

Answers

Based on the fact that Savon's business saw less individual costs as the company grew, this is the concept of Economies of Scale.

What is Economies of scale?

It is a phenomenon that is observed when a company grows larger and becomes more efficient.

It is noted that the more goods are produced, the less the individual costs of these goods because the costs will be spread out over more goods than before.

In conclusion, this is economies of scale.

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Human resource management requires careful and discreet _____.
a) monitoring of personal conversations among employees
b) monitoring of off-duty employees undermining
c) the reputation of rival companies record keeping

Answers

Answer:

hope it helps

Explanation:

a. monitoring of personal conversation among employees.

The loss in total surplus resulting from a tax is called.

Answers

Answer:

Deadweight loss

Explanation:

:D

I NEED THIS NOW

Three key skills are necessary if you want to be a leader: ___________, ___________, and ___________.


A. interpersonal communication, problem solving, and organizational skills


B. organizational skills, teamwork, and problem solving


C. teamwork, conflict resolution, and athletic ability


D. teamwork, problem solving, and motivation

Answers

The three key skills that are necessary for a leader: interpersonal communication, problem solving, and organizational skills

Who is a leader?

A leader is someone who get things done through others. The leader in an organization directs the affairs hence would be held accountable for the success or otherwise of the organization.

Leaders need to have various skills that will contribute to the success of their leadership abilities. However, the basic ones are interpersonal communication, problem solving, and organizational skills.

Some other leadership skills are ;

Decisiveness, ability to make decisionsCapabilities to mentor as well to teachRelationship building strategyAbility to solve problemPerseverance

Hence, the three key skills that are necessary for a leader: interpersonal communication, problem solving, and organizational skills

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In addition to their illegal methods of gaining land in Central America, what other mistake did the United Fruit Company make, which resulted in the rapid spread of a banana fungus? What general business lesson could be learned from this mistake?

Answers

The rapid spread of the banana fungus was caused by monocropping and not quarantining farm machineries and crops.

What is Quarantine?

This process involves the isolation of certain materials so as to prevent the spread of diseases.

This is important as it curbs the spread and ensures that large loss isn't recorded. In the case of the United Fruit company, it didn't happen which led to the proibelms faced.

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Why did pioneers have to bring most of their things with them when they moved to the frontier? a Liked their belongingsb No stores out Westc To trade with othersd Were gifts from family . Helmi's age and his son's age is in the ratio 10:3.In 5 years' time, their total age will be 62 years.How old is Helmi's son now? Reread the title and the teachers statement in paragraph 12. In what way do the title and the statement reflect Cailins overall message and attitude? Why did Spanish started to conquest Peru 6) The average atomic mass of boron, B, is 10.811 amu. The natural abundance of 10B is 19.7% and its exact mass is 10.012 amu. Calculate the exact mass of the second isotope of boron. 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