Randolph Company's effective tax rate is 16.28%, which is lower than its hypothetical tax rate of 21% due to the favorable permanent difference from the receipt of life insurance proceeds.
To reconcile Randolph Company's effective tax rate with its hypothetical tax rate of 21%, we need to calculate the income tax expense at 21% and then adjust it for the tax benefit from the permanent difference. The reconciliation is as follows:
ETR reconciliation (in $):
Income tax expense at 21% = $800,000 x 21% = $168,000
Tax benefit from permanent difference = $180,000 x 21% = $37,800
Income tax provision = $210,800 ($800,000 x ETR)
ETR reconciliation (in %):
Hypothetical income tax rate = 21.00%
Tax benefit from permanent difference = 7.65% (=$37,800/$500,000)
Effective tax rate = 16.28% (=$210,800/$1,293,200)
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when members of a social media community help each other solve problems with a product, to which primary value chain activity are they contributing?
In the course of using a product, we might sometimes encounter problems in the process. So, when members of a social media community help each other solve problems with a product, they are contributing to;
Customer ServiceCustomer service refers to the act of rendering assistance to customers before, during, and after their purchase of a product.
When they have inquiries about certain products and the way they are used, any help rendered to them translates to customer service and this is a primary value chain activity.
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Life insurance companies like Prudential hope to get you to worry about how your loved ones will provide for themselves once you have passed away. They paint a very gloomy picture of the possible consequences of not having life insurance, and they make a point of recommending that you act immediately because you never know when it is going to be too late. This is an example of a
Answer:
Fear appeal.
Explanation:
In this scenario, Life insurance companies like Prudential hope to get you to worry about how your loved ones will provide for themselves once you have passed away. In order to buttress their point, they paint a very gloomy picture of the possible consequences of not having life insurance, and they make a point of recommending that you act immediately because you never know when it is going to be too late. This is an example of a fear appeal.
A fear appeal can be defined as the act of persuading potential customers to change a risky behavior by highlighting adverse or negative consequences that may arise if they do not subscribe to a service or use a particular product. The main purpose of a fear appeal is to cajole people into buying a product or using a service by using their fears as a motivation.
How does a command economy differ from a mixed market economy?
A. In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
B. In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
C. In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property.
D. In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property
Answer:
A mixed economy is partly run by the government and partly as a free market economy, which is an economic system that includes no government intervention and is mainly driven by the law of supply and demand . A command economy is an economic system where the government has control over the production and pricing of goods and services.
Explanation:
This type of interest is the most desirable.
a. annually
b. semiannually
c. quarterly
Answer:
semiannually
Explanation:
A product's usage is normally distributed with a weekly average demand of 2,000 units and a weekly standard deviation of 125. The product's lead time is 4 weeks. Currently, the reorder point for this product is 8,200. If the company would like to have a service level of 95% for this product then: Group of answer choices
Answer:
Dependent demand items are typically products for use by the final customer. ... systems initiate a new order when the level of inventory falls to the reorder point. ... average demand of 2,000 units and a weekly standard deviation of 125. ... If the company would like to have a service level of 95% for this product then A)
If the company would like to have a service level of 95% for this product then it must increase its safety stock by approximately 212 units. Option (d) is correct.
What do you mean by Demand?Demand describes the consumer's desire and willingness to purchase a good or service at a specific time or over an extended period of time. Additionally, consumers must be able to afford the items they want or need based on their budgeted disposable income. Demand therefore has an impact on market expansion and economic growth.
Companies that want to understand consumer demand for a certain product perform demand analysis research. Businesses typically use it to assess their ability to enter the market and make the anticipated profit.
Therefore, Option (d) is correct. It must increase its safety stock by approximately 212 units.
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A product's usage is normally distributed with a weekly average demand of 2,000 units anda weekly standard deviation of 125. The product's lead time is 4 weeks. Currently, the reorder point for this product is 8,200. If the company would like to have a service level of 95% for this
product then;
a. it must decrease its safety stock by approximately 412 units.
b. it must decrease its safety stock by approximately 212 units.
c. it must increase its safety stock by approximately 412 units.
d. it must increase its safety stock by approximately 212 units.
Which of the following is not a life role category?
O Risk Taker
O Worker
O Family Member
O Learner
Risk Taker is not a life role category.
A life role is a set of expectations, behaviors and attitudes that a society assigns to a person based on their gender, age, social status, race or other factors. For example, in many cultures women are expected to be loving, nurturing and care-givers, while men are expected to be strong, provider-types.
Life roles help to define how we see ourselves and how we are seen by others. They can be a source of satisfaction and fulfilment, but they can also be a source of stress and frustration if they do not fit with our own personal aspirations and identity.
Hence, the correct option is "First".
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what are common characteristics of founders of successful start-ups? (select all that apply.)
The common characteristics of founders of successful start-ups include the following: Passion for their ideas and persistence despite setbacks. 2. Creativity and innovative thinking. 3. Risk-taking. 4. Flexibility and adaptability. 5. Hard work and perseverance. 6. Leadership and team-building skills.
The common characteristics of founders of successful start-ups include the following:1. Passion for their ideas and persistence despite setbacks: Passion and persistence are essential traits for entrepreneurs. They help entrepreneurs navigate difficult times and see their vision through to completion. They are unyielding in their desire to succeed and are always willing to try new things.
2. Creativity and innovative thinking: Successful entrepreneurs are creative and innovative thinkers who think outside the box. They are constantly seeking new ways to solve problems, improve processes, and create new products or services.
3. Risk-taking: Entrepreneurs are willing to take risks and make bold decisions. They have the ability to make tough decisions quickly and take calculated risks to grow their businesses.
4. Flexibility and adaptability: Entrepreneurs are flexible and adaptable, able to change their strategies as the market evolves. They are not afraid to pivot when necessary, and they embrace change as an opportunity to grow.
5. Hard work and perseverance: Successful entrepreneurs are willing to put in long hours and hard work to achieve their goals. They persevere through difficult times and never give up on their vision.
6. Leadership and team-building skills: Entrepreneurs must be strong leaders who can inspire and motivate their teams. They have the ability to identify and hire the right people and build strong teams that can execute their vision.
Finally, these are common characteristics of founders of successful start-ups.
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You work in the editorial department of the National Park Service (NPS). Based on the document shown, which new NPS document must be written in plain language?
Based on the document shown, the new NPS document that must be written in plain language is the accessibility guidelines.
The document provided discusses the need for plain language in NPS publications and states that all new and revised NPS documents must follow plain language guidelines. However, it specifically mentions that the accessibility guidelines need to be written in plain language to ensure that all visitors can easily understand and access park resources.
Identify the document mentioned in the question.
1. Carefully review the documents provided by the National Park Service (NPS).
2. Look for any indication or directive stating that a particular document needs to be written in plain language.
3. Once you have identified the document, make a note of its title and any relevant information.
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In the Blank Question To compute net income for a merchandiser, you will start with net sales, subtract cost of goods sold and subtract other Confidence Level Rate your confidence to submit your answer. High Medium Low Concept Resources Read 2020 Mc Education All Reserved Privacy | Terms of Use Type here to search
Starting with net sales, you will deduct the cost of products sold and other costs to arrive at net income for a merchandiser.
What are expenses?An expense requires the transfer of money or wealth in general from one person or organization to another in order to pay for a good, service, or another kind of cost.
Rent is a cost to a tenant.
Tuition is a cost shared by parents and students.
Rent, utilities, salaries, wages, maintenance, depreciation, insurance, and the cost of provided goods are a few examples of expenses.
A payment paid to another person or business to cover the cost of a good or service is referred to as an expense.
It is free to produce attractive invoices with SumUp Invoices.
An expense is a sum of money that a business pays to suppliers or uses to buy goods or services.
Therefore, starting with net sales, you will deduct the cost of products sold and other costs to arrive at net income for a merchandiser.
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Complete question:
To compute net income for a merchandiser, you will start with net sales, subtract the cost of goods sold and subtract other _____.
the best decisions, from a utilitarian perspective, are those that:
A) maximize a firm's profit.
B) maximize stockholders' wealth.
C) have greater social costs than benefits.
D) produce the greatest good for the greatest number of people.
E) result in the justified treatment of a minority
The best decisions, from a utilitarian perspective, are those that produce the greatest good for the greatest number of people. So, the correct option is C.
According to the utilitarian perspective, the ethical value of a decision is determined by its overall impact on the well-being and happiness of individuals. The principle of maximizing utility or the greatest good for the greatest number is central to utilitarian ethics.
Utilitarianism focuses on the consequences of actions and aims to maximize overall happiness or utility. In the context of decision-making, the best decisions are those that result in the greatest benefit or positive outcome for the largest number of people involved or affected by the decision.
Decisions that prioritize maximizing a firm's profit (A) or maximizing stockholders' wealth (B) may align with the interests of the company or its shareholders, but they do not inherently consider the overall welfare of all individuals affected by the decision. Decisions that have greater social costs than benefits (C) or result in the justified treatment of a minority (E) can conflict with the principle of maximizing overall utility.
Therefore, from a utilitarian perspective, the best decisions are those that produce the greatest good or maximize overall happiness for the greatest number of people.
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What type of material is a land resource in the production process?
Everything that derives from the land, including all natural resources needed to create goods and services, is referred to as "land." Natural resources such as water, oil, copper, natural gas, coal, and forests are examples of common land. The production process uses land resources as its raw materials.
What is production process?Industrial processes are actions that involve chemical, physical, electrical, or mechanical phases to help with the production of an object or things, typically done on a very large scale. The foundation of heavy industry is industrial processes. In order to offer consumers with goods and services, a production process is a way of using economic input or resources, such as labour, expensive machinery, or land. A production process typically entails all the processes a facility might take to establish production quotas, develop and assemble products, and then distribute them to clients or independent retailers. Various manufacturing methods and procedures, such as 3D printing, joining, or casting, may be included.To learn more about production process, refer to:
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What things should you consider when setting up a checking or savings account with a financial institution?
Answer:
What profit will you get
Issac serves on a committee of employees who were charged with selecting three co-workers to honor at the annual banquet. One employee whose name was at the top of everybody's list was instrumental in helping another employee who failed to wear his protective headgear to avoid suffering a serious head injury. Although this was a noble act, Issac knew that the hero was frequently negligent about wearing his own headgear. Isaac knew that several other employees followed strict company policy every day and always wore their headgear; yet, they were not being acknowledged for their compliance. According to Norman Vincent Peale, which question should Isaac refer to as he proceeds to make an ethical decision
According to Norman Vincent Peale, The question Isaac should refer to as he proceeds to make an ethical decision is that "How does the action I am proposing to take make me feel about myself?"
For better understanding, we have to understand why Isaac should ask Himself that question following Norman Vincent Peale suggestions
Norman Vincent Peale was known to give 3 major suggestions or opinions that decisions that solve ethical dilemmas should be studied side by side with the said three questions. which are: Does the decision follow laws and company policy? Is it balanced—is there a sense of fairness in the decision? How does the decision made, make me feel about myself?
From the above, we can therefore say that the answer According to Norman Vincent Peale, The question Isaac should refer to as he proceeds to make an ethical decision is that "How does the action I am proposing to take make me feel about myself?" is correct
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Money you pay up front to reduce the amount you will owe is called a
A. fixed loan
B. late payment
C. down payment
D. short-term loan
Answer:
down payment
Explanation:
A down payment is money paid upfront in a financial transaction, such as the purchase of a home or car. Buyers often take out loans to finance the remainder of the purchase price.
Answer:
down payment
Explanation:
If you invested $250 at 16% how much will have after 4.5 years
Answer:
$180
Explanation:
$250 * 0.16 * 4.5 = $180
Answer:
it depends on how often it's compounded
yearly:
The final balance is $487.53.
The total compound interest is $237.53.
semi-annually:
The final balance is $499.75.
The total compound interest is $249.75.
quarterly:
The final balance is $506.45.
The total compound interest is $256.45.
bi-monthly:
The final balance is $508.79.
The total compound interest is $258.79.
monthly:
The final balance is $511.17.
The total compound interest is $261.17
bi-weekly:
The final balance is $512.48.
The total compound interest is $262.48.
weekly:
The final balance is $513.04.
The total compound interest is $263.04.
daily:
The final balance is $513.53.
The total compound interest is $263.53.
continuous:
The final balance is $513.61.
The total compound interest is $263.61.
Explanation:
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Which item is important to consider when selecting a
credit card?
Annual Percentage Rate (APR)
Fees
The look of the credit card
th
Both APR and fees
Answer:
Both APR and fees
Explanation:
The Annual Percentage Rate -APR is the interest rate a customer pays on a credit card per year. Credit cards extend loans to the holder every time they are used. If the credit card user does not pay the full amount on the due date, it attracts interest charges. The higher the APR, the more interest a cardholder will pay. In selecting a credit card provider, APR is the most important factor to consider.
Credit card attracts other fees other the interest. These fees include Balance Transfer Fee, Foreign Transaction Fee, Annual Fee, and Cash Advance Fee. These fees affect the customer's overall cost of using the credit card. Customers should compare different credit card companies and select one with favorable fees.
Prompt What is an economy?
Answer:
An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.
Identified by Schein Authority, responsibility, and delegation Without this, the organization begins to drift and become disorganized Individuals do make a difference, but they cannot do everything themselves Coordinated effort This results in greater efficiency Division of labor Without the right to direct the work of others, there is no coordination of effort Centralization vs. decentralization Span of control Additional Elements Most Agree Upon Hierarchy of authority This is linked with whether the structure is taller or flatter Common purpose This has to do with having the rights associated with managerial tasks This is related to who makes important decisions in the organization Reset Prey 1 of 8 !!!
These elements are essential for creating a well-structured and successful organization.
The Schein model identifies several key elements of organizational structure that are associated with effective managerial tasks, such as authority, responsibility, delegation, coordinated effort, span of control, and hierarchy of authority. These elements are crucial for ensuring that an organization functions efficiently, with clear lines of authority and delegation, as well as effective communication and decision-making processes. The division of labor and span of control are also important for assigning tasks appropriately and maximizing efficiency. In addition, the hierarchy of authority and common purpose help to clarify organizational goals and facilitate effective leadership. Finally, the rights associated with managerial tasks ensure that leaders are able to direct and guide the organization effectively.
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Bouvous Corporation had the following information for 2015: Revenue $400,000 Operating expenses 350,000 Total assets 530,000 What is the return on investment? a. 75.5% b. 8.6% c. 9.4% d. 10.4%
The return on investment is 9.4%. when Bouvous Corporation had the following information for 2015: Revenue $400,000 Operating expenses 350,000 Total assets 530,000 .
To calculate the return on investment (ROI), we need to divide the net income by the total assets. However, we are not given the net income directly, so we need to calculate it first by subtracting the operating expenses from the revenue.
Net income = Revenue - Operating expenses
Net income = $400,000 - $350,000
Net income = $50,000
Now that we have the net income, we can calculate the ROI:
ROI = Net income / Total assets
ROI = $50,000 / $530,000
Using a calculator, we get ROI = 9.43%. Therefore, the correct answer is c. 9.4%.
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How does American style differ from Japanese style? Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. Japanese style is identified as casual, athletic, and clean-cut while American style is noted for having complicated cutting and structure.
Answer:
American style is identified as casual, and ethic and clean cut while japanese style is considered poorly and has been noted for having complicated cutting and structure
Explantion:
got it right on Edge 2022
major differences between service companies and retail or manufacturing companies is that retailers and manufacturers must account for
The main difference between service companies and retail or manufacturing companies is that retailers and manufacturers must account for;
Inventory and Cost of GoodsInventory refers to the goods in stock which the business wishes to sell in order to make a profit from.
Retailers and manufacturers produce items that will be sold and these items need to be stocked somewhere till the need for them arises.
The same is not applicable to service companies because they do not have physical goods to sell.
Also, the cost of goods refers to the direct cost of producing goods. Since service companies do not produce goods, this is not accounted for.
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Why is creating an entrepreneurial team a good idea?
The following selected accounts and normal balances existed at year-end. Make the four journal entries required to close the books: Accounts receivable $45,000, Prepaid insurance 4,500, Land 50,000, Accounts payable 39,000, Notes payable 55,000, Retained earnings 12,000, Dividends 2,000, Fees earned revenue 65,000, Selling expenses 34,500, Administrative expenses 12,750, Miscellaneous expense 1,250.
The required Journal Entries that are required to close the book for the selected four accounts at year-end include the following:
Journal Entries:
December 31,
Debit Fees earned revenue $65,000
Credit Income Summary $65,000
To close the Fees revenue to income summary.
Debit Income Summary $34,500
Credit Selling expenses $34,500
To close the selling expenses to income summary.
Debit Income Summary $12,750
Credit Administrative expenses $12,750
To close the administrative expenses to income summary.
Debit Income Summary $1,250
Credit Miscellaneous expense $1,250
To close the miscellaneous expenses to income summary.
Data Analysis:
1. Accounts to be closed to Income Summary are:
Fees earned revenue $65,000 Income Summary $65,000
Income Summary $34,500 Selling expenses $34,500
Income Summary $12,750 Administrative expenses $12,750
Income Summary $1,250 Miscellaneous expense $1,250
2. Assets and Liabilities accounts:
Accounts receivable $45,000
Prepaid insurance 4,500
Land 50,000
Accounts payable 39,000
Notes payable 55,000
Retained earnings 12,000
Closed to Retained earnings: Dividends 2,000
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Benny answers questions when he begins car shopping at the mall, three months after he has had his new car, and then a year later. The specific type of survey Benny was involved with was most likely a _____. longitudinal study mall-intercept interview ad-hoc mail survey customer satisfaction survey
Usage of a vehicle which is a car in the given case and its satisfaction measurement is known by doing option (D): "Customer Satisfaction Survey".
Why is the Customer Satisfaction Survey used?Customer satisfaction surveys provide detailed information regarding positive and negative opinions, which can help marketers and salespeople improve their efforts.
A customer satisfaction survey may be ineffective unless it generates statistical data that can be analyzed scientifically.
Small business owners utilize customer satisfaction surveys to measure how their organization is viewed by the customers they serve.
A customer satisfaction survey is a marketing tool that companies use to determine how satisfied their customers are with their brand.
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Centre City enacts an ordinance that bans the distribution of all printed materials on city streets. Diners Café opposes the city’s latest "revenue-enhancing" measure—a tax on prepared food sales—and wants to protest by distributing handbills. In Diners’ suit against the city, a court would likely hold the ban on printed materials to be
Answer: unconstitutional under the First Amendment.
Explanation:
From the information provided, in Diners’ suit against the city, the court would likely hold the ban on printed materials to be unconstitutional under the First Amendment.
Under the First Amendment, any law that limits or ban freedom of expression, religion, peaceful assembly, petitioning of the government is prohibited. Therefore, the action of the city is unconstitutional.
Which of the following is an advantage of using focus group research instead of survey research?
You can get information from a medium sized group of people.
You can get information from larger numbers of people.
You can get more detailed information from vantage of using focus group research Instead of survey research?
You can get information from a medium sized group of people
You can get information from large numbers of people.
You can get more detailed information from individuals
You can get information from a more representative sample
You can get information from a more representative sample.
Answer:
you can get information form a good medium sized group of people .
Explanation:
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
analyzing data and presenting the findings are the two parts of which step in the marketing research approach? multiple choice question. collect relevant information develop findings take marketing actions define the problem
Analyzing data and presenting the findings are the two parts of the developing findings step in the marketing research approach.
What is marketing research?Marketing research is the process of gathering, analyzing, and interpreting data to aid in making informed decisions in a company. It includes collecting data on consumer preferences, market trends, and competition.
What is the approach for marketing research?
Marketing research is a systematic process that follows a logical series of steps:
Defining the problemCollecting relevant informationDeveloping findingsTaking marketing actionsAnalyzing data and presenting the findings are the two parts of the developing findings step in the marketing research approach.What is the purpose of developing findings in marketing research?
The purpose of developing findings is to analyze the data and generate results that can be used to make informed decisions. Marketing research includes the development of hypotheses, research design, data collection, analysis, and interpretation of data. The process of analyzing data and presenting findings is a critical step in the marketing research approach.
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.Branding enables a firm to do which of the following? (Choose every correct answer.)
A) Reintroduce old products at a higher cost
B) Eliminate advertising spending
C) Differentiate its product offerings
D) Make consumers aware of available products
Branding enables a firm to do the following:C) Differentiate its product offeringsD) Make consumers aware of available products.
Branding helps to create a unique identity and image for a product or company in the minds of consumers. It can help to differentiate a company's products from those of its competitors and make consumers aware of the products that are available. However, branding does not necessarily enable a firm to reintroduce old products at a higher cost or eliminate advertising spending. These decisions are typically based on a variety of factors, including market demand, production costs, and competition, among others.
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The price p and the quantity x sold of a small flat-screen television set obeys the demand equation below. a) How much should be charged for the television set if there are 70 television sets in stock? b) What quantity x will maximize revenue? What is the maximum revenue? c) What price should be charged in order to maximize revenue? p=−.14x+196
a) The price that should be charged for the television set when there are 70 sets in stock is $186.20.
b) The quantity that maximizes revenue is approximately 700 units, and the maximum revenue is approximately $68,600.
c) The price that should be charged in order to maximize revenue is approximately $98.
a) To determine the price when there are 70 television sets in stock, we need to substitute x = 70 into the demand equation and solve for p:
p = -0.14x + 196
p = -0.14(70) + 196
p = -9.8 + 196
p = 186.2
Therefore, the price that should be charged for the television set when there are 70 sets in stock is $186.20.
b) To find the quantity x that maximizes revenue, we need to find the value of x that corresponds to the maximum point on the revenue curve. Revenue is calculated by multiplying price (p) by quantity (x), so the revenue equation is given by:
Revenue = px
Substituting the demand equation into the revenue equation, we get:
Revenue = (-0.14x + 196)x
Revenue = -0.14x^2 + 196x
To find the quantity x that maximizes revenue, we can use calculus. Taking the derivative of the revenue equation with respect to x and setting it equal to zero, we can find the critical point:
d(Revenue)/dx = -0.28x + 196 = 0
-0.28x = -196
x = -196 / -0.28
x ≈ 700
So, the quantity x that maximizes revenue is approximately 700 units.
To find the maximum revenue, we substitute this value of x back into the revenue equation:
Revenue = -0.14(700)^2 + 196(700)
Revenue ≈ $68,600
Therefore, the maximum revenue is approximately $68,600.
c) To find the price that should be charged in order to maximize revenue, we substitute the value of x = 700 into the demand equation:
p = -0.14(700) + 196
p ≈ $98
Therefore, the price that should be charged in order to maximize revenue is approximately $98.
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