This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The decision tree shows the profit outcomes for a sandwich shop in a strong and a weak economy. ... (Read 71 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
on: Jul 6, 2018
The decision tree shows the profit outcomes for a sandwich shop in a strong and a weak economy. Overall, the shop is expected to make 32,000.
 
  Indicate whether the statement is true or false.

Question 2

Reducing the value of VC in a break-even analysis means that the business needs to sell fewer units to turn a profit.
 
  Indicate whether the statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: FALSE
Explanation: Overall, the shop will make the sum of the probability products, or (0.40  80,000) + (0.60  25,000) = 32,000 + 15,000 = 47,000.

Answer to Question 2

Answer: TRUE
Explanation: A smaller VC results in a smaller TFC to (P - VC) ratio, which translates into fewer units sold to turn a profit.


leo leo

  • Member
  • Posts: 566
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Sequential decline of whale catches in the Antarctic shows the strong effect of human predators. Sequential decline of whale catches in the Antarctic shows the strong effect of human predators.
Leopard in a tree Leopard in a tree
Decision Making Decision Making
Tree Rings: Pine Tree Rings: Pine
Tree Rings: Oak Tree Rings: Oak
Trace the word tree by sk kid Trace the word tree by sk kid
Video: Miller's reaction chamber experiment Animation

For a complete list of videos, visit our video library