Oriental carpet. The estimated demand for its carpets is Q= 112‚000 – 500P + 5M‚ where Q= number of carpets‚ P= price of carpets (dollar per unit)‚ and M= consumers income per capita. The estimated average variable cost function for Ali Baba’s carpets is AVC= 2000 – 0.012Q + 0.000002Q2 Consumers income per capita is expected to be $20‚000 and total fixed cost is $100‚000 1. How many carpets should the firm produce in order to maximize profit? 2. What is the profit maximizing price of carpets? 3
Premium Costs Economics Variable cost
“Knowledge makes a man unfit to be a slave.” - Frederick Douglas. The Bitter Side of Sweet by Tara Sullivan‚ and Iqbal by Francesco D’Adamo are both about children fighting for freedom out of slavery. Both books contain many characters‚ but the two books have 2 characters that are very similar. Those characters are Amadou from The Bitter Side of Sweet‚ and Iqbal from the book Iqbal. But besides the characters‚ there are lots of similarities between the two. There are also a lot of differences between
Premium Slavery Slavery in the United States American Civil War
accounting system and internal controls of Cookridge & Cookridge Carpets ltd with any recommendations for improvement. Submitted by: Rita Mezher AAT student membership number: 10417659 Date: This report is submitted for assessment of the AAT unit ‘Internal control and accounting system.’ TABLE OF CONTENT 1. Term of reference 2. Executive summary 3. Methodology 4. Introduction to Cookridge and Cookrigde Carpets Ltd 5. Analysis and evaluation of Review and evaluation of the
Premium Cost-benefit analysis Accounts receivable Password
Company overview/ Statement of Problem Pro Clean LLC is an old-timer carpet cleaning business. It was owned and managed by Kevin Wilson and located in Knoxville‚ Tennessee. Wilson had to manage almost all functions of Pro Clean daily activities. In this industry‚ the problems Pro Clean faced are how to stay competitive and still make above average returns with one of his main competitor the King Rug. King Rug has a resolute business structure and is able to charge its customers with high prices
Premium Strategic management Competition
surfaces such as the carpet and cardboard will produce more friction and affect the
Premium Automobile Classical mechanics Force
Surname Centre No. Candidate No. Paper Reference(s) Initial(s) Paper Reference Signature 6 0 0 2 6002/01 0 1 Examiner’s use only London Examinations GCE Accounting (Modular Syllabus) Advanced Level Unit 2: Corporate and Management Accounting Thursday 24 January 2013 – Afternoon Time: 3 hours Team Leader’s use only Question Leave Number Blank 1 2 3 4 5 6 Materials required for examination Nil Items included with question papers Source booklet 7 Instructions
Premium Dividend Question Share
Evaluating two successful stores and two unsuccessful stores The retail industry is extremely competitive particularly during the current economic conditions when customers have limited spending power (Bloomberg‚ 2009). Therefore‚ it is crucial that the business owner assess all of the factors which determine the profitability of a store. Since the financial figures are unavailable for all of the different outlets‚ the success of the store will be assessed using the same physical factors which
Premium Marketing Management Strategic management
yellowish-green carpet‚ bedspread‚ and dog hairs found inside Williams’s home. When examining the cross-sectional shape of a fiber may help characterize the fiber of nylon; nevertheless‚ it’s difficult to determine the manufacturer. (Saferstein‚ 2015) Once Williams was found to be suspect‚ it was discovered the yellowish-green nylon fibers from the carpet was manufactured by West Point Pepperell Corporation purchased by Wellman Corporation in Atlanta. (Deadman‚ 1984) The carpet referred to as “Luxaire
Premium Forensic evidence Evidence law Crime
Case Study: FORNER CARPET COMPANY Submitted To: Ms. Ma. Lourdes Salazar Submitted By: ANGELES‚ Jocris CRUZ‚ Kriska SUEGAY‚ Gwyneth July 13‚ 2011 I. Introduction Forner Carpet Company‚ the market leader in high-grade carpet materials‚ plans to expand/diversify its production‚ and replace its equipment‚ hence‚ a need for fresh capital. In order to support this endeavour‚ Forner imposed a price increase on its L-42 product to boost income. However‚ market response has been unsatisfactory
Premium Variable cost Marketing Price
THANE FORT TO THE THANE CENTRAL JAIL: A TRANSITION AND PRESENT SITUATION - VAIBHAV D. ADHYARU K.V.PENDHARKAR COLLEGE OF ARTS‚ SCIENCE AND COMMERCE‚ DOMBIVLI‚ MAHARASHTRA‚ India. THANE FORT TO THE THANE CENTRAL JAIL: A TRANSITION AND PRESENT SITUATION The existence of Thane city appears in the global history since the 9thcentury A.D. Thane city has a rich cultural heritage‚ mythological background‚ followed by a large number of events
Premium Maharashtra Prison Shivaji