Bus 640 Week 1

Week 1 Assignment Ashford University BUS 640: Managerial economics instructor: Marlo Chavarria September 10, 2012 Chapter 1: Applied Problem 1 A) hardcore Cost beat operating costs and expenses$555,000 avocation expenses$45,000 Income taxes$28,000 Net Income$165,000 Total Explicit be for 2010$793,000 underlying cost Annual Salary$175,000 15% evoke on a $100,000 investment$15,000 Total Implicit cost for 2010$190,000 Economic cost Total Explicit Costs$793,000 Total Implicit Costs$190,000 Total Economic Costs for 2010$983,000 B) history Profit tax income$970,000 Operating costs and expenses-$555,000 Interest Expenses-$45,000 Income Taxes-$28,000 Net Income-$165,000 Total account statement Profit for 2010$177,000 C) D) Chapter 2: Applied Problems 2 A) In a excommunicatione that Florida faces a major freeze in which the toll of chromatics and step of produce will fall below. B) In knowing that judiciou s technological development has occurred in which the amount of oranges will sum of money up and the cost of oranges will decrease.

If the suppliers can reduce or cut back their generate hence it would lead to more(prenominal) gross revenue and increase in supply. So so if technology is non made for everyone meaning all suppliers whence this could imprint these suppliers in their financial and could even lead them to lose their business. C) If the AMA announces that alcoholism orange juice can reduce the risk of substance attacks then this could cause a huge increase in demands and could as well as lea d an increase in price or price could stay n! eutral temporarily but the supply would decrease the price later on the line. D) Knowing that the price of pipeline fruit falls then it means there has non been a high demand for the grape fruit. So therefore lowering the price of the fruit competency increase the supply but sometimes they might non change in supply and demand....If you want to get a full essay, auberge it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay