The floppy disk industry is perfectly competitive. Each firm produces 500,000 disks at an average total cost of RM0.60. The disks sell for RM0.75. \n\n(a)Is the industry in long-run equilibrium?        \n\n(b)What is the marginal cost of a disk? How do you know?        \n\n(c)How many units of disks will be produced in the long-run? How do you know?
129633
Don't bother posting all your homework questions like this and the others you've posted here. No one is going to do your work for you. If you asked a single question, maybe someone would be willing to steer you in the right direction, but you're asking too much of anyone. And no one wants to help you cheat yourself out of an education.
560628
Suppose that you are making some product. \n\nSuppose you have two inventory choices -- LIFO or FIFO.  Inflation is causing you to pay more for parts.  If you make a new product, you take parts out of inventory.  You sell the product for the going rate.  The inventory system youuse doesn't affect the amount you take in.  But it does affect the cost of making the product.  \n\nYour profit is the sales price minus the cost of making the good.  If you use LIFO, then your cost will be the new price of the parts.  If you use FIFO, then the cost will be the old, lower, price of the parts.  Using LIFO means that your profits are lower.  Since you only have to pay taxes on your profits, your taxes are lower.
122718
Recent report put it at something like 10 years instead of vendors longer reported life spans.\n\nI have disk over 5 years old with no issues. It woul dbe my guess if disk are protected from heat and light they should last an easy 20 years but in truth in 20 years do you think we will be using CDs? As new tech comes online you should migrate to it for your backups. This goes for home and business so if you think back we use to have hundreds of floppies, now we have a single CD, 5 years from now we will have a single 100Gb memory stick or some such.\n\nAs always I would suggest having multiple backups be they online or offline. Using a server, USB drive, tapes and CD drive you should have more than enough ways of making sure you never lose those images.
622119
If you are on a very tight budget, then get an internal 3.5 inch hard disk drive IDE or ATA will be adequate.  Buy the enclosure, separately.  You will be able to save a lot of money and you will be able to get a bigger hard disk drive.\n\nIf money is no object and dont want the hassle of putting everything together then buy a retail external hard disk drive.  However, the capacity of the hard disk will be relatively low when compared to the price.\n\nThe main difference is that a retail ready drive comes pre-configured with software and is truly plug and play.  If you open it up, you are not going to see anything different.\n\nPutting together and setting it up is easy.  A little patience is all that is required.  I have three external hard disks.  I managed to get some bargains online.  Saved a bundle.\n\nI have written a couple of guides on this, it may prove to be useful.  See below
414167
I must admit that, although I used to work in corporate finance, I have never heard the phrase 'profitability ratio'\n\nHowever, I would have thought it was a percentage of a company's turnover compared to its profits.   If a company turns over £100 (ie, what it gets for selling its goods) and makes £5, the profit would be 5%.   As a ratio, this would be 1:20   (and I am aware that no company turns over just £100 before anyone complains! - I just like nice easy numbers!)\n\nYou could also do the same for individual items.   However the two are not necessarily the same!\n\nIt costs a company £80 to make a car and it sells for £100, the profit would be £20.   This is 20%, or a ratio of 1:5.\n\nHowever, the company may have a turnover of £1,000 but make a profit of £250 because of things like property sales, selling spares and so on.   Here, the profit rate is 25% or a ratio of 1:4.\n\nThe only way to use such a ratio to see if it is a good company is to compare it to the industry average.   If the average for making a car is 5% or 1:9, then the company is doing well.   However, if the average is 33% or 1:3 then the company is doing badly!\n\nI am sure this is now as clear as mud for you!!!   But I wish you all the best!
343551
i handle procurement of computers for our company.  since last year all our new computers don't have floppy drives anymore.  what we did is to issue thumb drives or  flash drives to our employees.  the reason for the switch is thumb drives are more durable than floppy disk and they are impervious to a magnetic field.  you can't say the same w/ a floppy.  just run a magnet over a floppy the the data will be trash.  thumb drives are easier to carry & they hold a lot more data than floppies.  you can't even squeeze an ave. mp3 file in a floppy.\n\nfloppies are dead.  its time you also switch.
376375
How much more are you selling the item for than what you paid for it?\n\nSay you obtained a widget for $100.  If you sold it for $150, then the [simple] profit is 50%, since 50/100 = .5 = 50%.\n\nIn reality you would have to take into account things like opportunity costs, wages, store costs (if a store is involved), licensing, taxes, etc.  But above is how you get a simple profit rate or percentage.
350041
I can be expensive, depending on how much you want.  It usually runs about 2.3-2.4g/dollar.  The problem is most companies only sell it in bulk quantities.  You're looking at close to $200 for a bulk purchase of 450g.  It's not worth it.
526102
One year ago,   sales were    25990510/1.30 = 19992700.\nTwo years ago, sales were    19992700/1.30 = 15379000.\nThree years ago, sales were 15379000/1.30 = 11830000.\nFour years ago, sales were    11830000/1.30 =  9100000.\nFive years ago, sales were       9100000/1.30 =  7000000.\nSix years ago, sales were         7000000/1.30 = 5384615.38\n\nHope this helps :-)
384384
1.  Start from the beginning.  15X2 and so on\n15\n30\n60\n120\n240\n\n\n\nthe answer is 240$ man are things overpriced.\n\n2.Not enough information....
368251
1.  The key here is to understand how far the two trains have traveled in total during the first 3 hours.  We are told that the two trains started 500 miles apart, and 3 hours later are now 80 miles apart.  Thus they traveled 420 miles in total. \n\nIf you let x represent the rate of speed that the Freight train is traveling, and x+20 represent the rate of speed that the Passenger train is traveling, you can set the following algebric equation:\n\n3 hrs * x mi/hr  + 3 hrs * ( 20 + x ) mi/hr = 420\n 3x + 60 + 3x = 420\n6x = 360\nx =60 mi/hr.\nx+20 = 80 mi/hr.\n\n2.  The key is too figure out the total number of employees needed to break even.  Regardless of how many employees you have, we are told that it costs $2000 per day to run the factory.  In addition to that  we are told that for each employee, we must pay him or her $300.  These are the total costs for the operation.\n\nOn the other hand, we are told that each employee can produce $500 in revenue each day.\n\nThus, we need to create an algebric equation where the total costs = the total revenue\n\nLet x represent the number of workers, and set up the following algebric equation:\n\nCosts = Revenue\n\n$2000 (Fixed Costs) + $300 * x (Variable Costs) = $500 * x\n\n2000 + 300x = 500x\n2000 = 200x\n10 = x\n\nYou will need 10 workers to break even, and the total gross value of ball bearings produced will be 10 * $500 or $5000.\n\nHope that I have cleared things up for you!
552029
1. Bob's favorite ice cream used to cost $1.50.... Then the price was raised to $1.75. Find the percent increase.\n(175/150)-1)*100%=16 2/3% increase\n\n2. Jenny paid $12,000 for her car. Five yrs later she sold it for $8500. What percent decrease was this?\n(8500/12000-1)*100%= -29 1/6% 29 1/6% decrease\n\n3. The Music Box marked up their CD's 75%. If the music box charges $20 for a special cd, how much did it cost before the mark-up? (hint: the answer is not $15)\n$20=1.75x\nx=20/1.75=$11.43\n\n4. Quinn deposits $2000 in a savings account that pays 4% compounded semi-annuallly. HOw much money will Quinn have in her account after two years? Give the expression. (you do not have to simplify) \n\n$2000(1.02)^4=$2164.86
1368
Its business, they have there customers, if they have people who are willing to pay double the cost, then let them pay. If one complains about people selling toys for double its price, then why didn't you buy it when it was at an original price. Business is Business.
512303
For your information, there is a Act on this. Is known as the Optical Discs Act 2000. This Act came into force on September 15, 2000. Its states that ...\n\nLicensing and manufacture of optical discs and requires any person who manufactures optical discs to be licensed. Manufacture here refers to the processes and activities involved in the making of optical discs including mastering and replicating or both. Optical disc means compact discs, digital versatile discs, laser discs and mini discs and includes items like compact disc-audio, compact disc-video, CD-ROM, CD-I, compact disc-photo and compact disc-recordable.\n\nHowever, the software piracy is difficult to curb. You close them today, they open elsewhere tomorrow. These days, the pirates are even going mobile with their latest strategy with the use of mobile optical disc peddlars.\n\nHave you ever visited China before? The situation is worst there.
51458
It will depend upon the facilities you currently have, and their output.  If your facility produced 10 million units 150,000 would only be a small amount and may not cause much increase in your costs.  If your manufacturing equipment runs on oil or some kind of support requirements that are increased by the number of units this could increase with 150,000 additional units.  Now if you are currently producing 10,000 units and your facilities have a capacity of 50,000 you will need to purchase new manufacturing equipment to support the additional demand, but if your costs for your equipment are independent of the number of units you produce and the quantity you wish to produce can be supported by your current equipment your fixed costs would not increase, and your fixed costs per unit would decrease. \n\nVariable costs which are not included in your fixed manufacturing overhead cost will also more than likely increase based on your production since you will need more staff to box or ship your new items.
274767
From the choices, it looks like A.  Decrease.\n\nWith lower margins (see monopoly versus perfect competition), the profits slim down over time and there's less room for individual growth even with the total size of the industry increasing.
510406
The first answer is yes.  \n\nIn perfect competition when price is greater than MC then the producer will still produce.  I don’t know what you mean by taxing.  The perfect competitor will sell as many units as it can produce before marginal cost exceeds demand.  So the answer is No if you mean are they collecting more consumer surplus.  \n\nA monopoly is able to raise the price above equilibrium.  Therefore it reduces the amount of goods it generates to equal the maximum profit point (the quantity where MC = MR). This is always less quantity than the equilibrium and therefore the price is higher per unit.  The reason it is the profit maximizing point is because it allows the company to capture some of the consumer surplus and therefore make more profit.  If there was more competition there would be firms fighting the monopoly and undercutting thier profit maximizing point, thereby reducing economic profit and giving more value to the consumers.  \n\nYour question is not totally clear but I believe that is what you are asking.