Economics of internet

Utility Maximizer. See attached file for full problem description.

Present a situation where there might be economies of scope in fixed costs, but firm still chooses to prodcue fewer than theee products.

Product line price line and quality model. See attached file for full problem description.

Comment on the trends/forces exhibited in the graphs below, including your observations on the law of supply/demand, the impacts of inflation, and the boundary conditions for cyclical change in rents.

Comment on the trends/forces exhibited in the graphs below, including your observations on the law of supply/demand, the impacts of inflation, and the boundary conditions for cyclical change in rents. List four variables influencing the location of major sports franchises in 2005, compared with 1950. Briefly indicate how thes ...continues

Economics Problems

Discuss answers to the following questions: Consider an economy in which: C=100+0.5Y and I=100 - output is equal to income a) Find equilibrium income. b) What is the multiplier for consumption spending for this economy? c) What is the multiplier for investment spending for this economy? d) What is the marginal pro ...continues

Total cost problem/cost per unit

Company A plans to produce 300,000 units next year, the production budget is: Direct labor: 600,000 Ingredients: 450,000 packaging 150,000 rent 225,000 depreciation 80,000 other fixed costs 55000 Calculate the total cost and cost per unit if the unit production is changed to 315,000 units.

Calculate net income using full costing and calculate net income using variable costing.

Company A produced 80,000 units and sold 75,000 units at a price of $20 per unit. Direct materials cost 200,000; direct labor 320,000; overhead 160,000; fixed manufacturing overhead 400,000; administrative costs 60,000. Calculate net income using full costing and calculate net income using variable costing.

Current ratio/quick ratio

Figure out current ratio and quick ratio as per this data: Current Assets: Cash 14,000 Accounts Receivable 45,489 Inventory 39,239 Prepaid expenses 3,400 total current assets 102,128 Current Liabilities: Accounts payable 98,789 Other current liabilities 3,456 Total Current liabilities 102,245

Labour Variances & Labour Efficiency

standard labor hours per unit of output: 2.8 standard labor rate per hour: 11.50 operations for the last month: actual hours worked: 6900 actual total labor cost: 80,385 actual output: 2300 units What is the labor variance for the month? What is the labor efficiency rate for the month?

Budgeted purchases

Company A, a merchandising firm, has budgeted sales for the third quarter of the year: July: 80,000 August: 90,000 September:70,000 Cost of goods sold equals 65% of sales. The company wants to maintain a monthly ending inventory equal to 130% of the cost of goods sold for the following month. The inventory on June 30th ...continues

Should management shut down the north division? Calculate the net operating income if the north division is eliminated.

Company A has 2 divisions - north and south and their data is as follows: North South Sales 900,000 800,000 Variable expenses 450,000 300,000 Traceable Fixed Expenses 260,000 210,00 ...continues