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QUANTITATIVE FOUNDATIONS FOR BUSINESS
An auto parts sales person receives a commission of 4.5% on net sales up to $10 000, 6% on the next $5 000 and 8% on any further net sales. If his gross sales for a month were $24 250 and sales returns & allowances were $855, what was his total commission for the month?
Souvenirs R Us is a gift shop in Victoria, British Columbia. Last year, 22% of its revenue came from clothing sales, 15% fromfood items, 32% from novelty items and the rest from magazines and books. This past year the business experienced a 5% increase in clothing sales, a 2% increase in food items, a 9% drop in novelty items and a 2% drop in magazine and book sales.
What was the average percent change in the revenue for this past year?
Comment on this tradeoff between equity also growth.Explain how would you go about resolving the matter if you were the president of a small poor county.
Briefly explain why firms that pursue cost leadership or diffentiation achieve returns that are about equivalent, have higher returns, and firms that are stuck in the middle have the lowest returns?
china raises reserve requirementsthe peoples bank of china the countrys central bank raised the reserve requirements of
For the range of prices that you are planning to charge, own price elasticity of demand is believed to be -1.5. Calculate the optimal (profit maximizing) price that you should charge. Show all calculations.
What are the 4 types of unemployment? Please explain the current situation of employment in the United States; how does it differ for the long-term unemployed (over 6 months)
You are the manager of a firm that sells a “commodity” in a market that resembles perfect competition, and your cost function is C(Q) = 40Q + 5Q2 (so MC = 40+10Q). Calculate the expected market price. What output should you produce in order to maximi..
q1. the article discusses the decrease in firm costs. should the decrease in costs affect the quantity supplied? why or
Consider the four problematic sales people (Caplan, Furness, Gibson and Eaton) at Milford. We have both quantitative and qualitative performance measures. In general, what is the value of considering qualitative performance measures and what are the ..
A picture is worth a thousand words. We’ve heard that often but seldom consider the impact the visual media has on the written text. This is especially true in business messages and the projects you are working on creating for this course. As you des..
illustrate what dollar amount will the profit margin.
As late as 1992, the United States was running budget deficits of nearly $300 billion. During the remainder of the 1990's, deficits declined and became surpluses. As the new century began, these surpluses again turned into deficits. Explain the decli..
During the history of social science research, according to Kristen Luker , date analysis has changed. How it has changed?
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