Albacore, inc. sells tuna to grocery stores. below are the costs associated with producing and selling the tuna.

rent on administrative office $1,200
president’s salary $75,000
fishermen’s compensation $35,000
advertising $2,300
depreciation on boats $10,000
depreciation on canning facility $15,000
office manager’s salary $45,000
administrative employees salary $50,000
fuel for boats $25,000
empty cans $15,000

given the information above, what is the total product cost to produce 1,000,000 cans of tuna?

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline. b. taxable income will decline. c. the tax bill will increase. d. net income will decrease. e. the times-interest-earned ratio will decrease

Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.

John has been working as a tutor for $300 a semester. when the university raises the price it pays tutors to $400, jasmine enters the market and begins tutoring as well. how much does producer surplus rise as a result of this price increase?