Gulf States Manufacturing has the following data from year 1 operations, which are to be used for developing year 2 budget estimates: Sales revenues (17,500 units) $ 1,575,000 Manufacturing costs Materials $ 281,000 Variable cash costs 383,000 Fixed cash costs 153,000 Depreciation (fixed) 189,000 Marketing and administrative costs Marketing (variable, cash) 196,000 Marketing depreciation 47,000 Administrative (fixed, cash) 188,000 Administrative depreciation $ 17,000 Total costs $ 1,454,000 Operating profits $ 121,000 All depreciation charges are fixed. Old manufacturing equipment with an annual depreciation charge of $15,050 will be replaced in year 2 with new equipment that will incur an annual depreciation charge of $21,500. Sales volume and prices are expected to increase by 7 percent and 3 percent, respectively. On a per-unit basis, expectations are that materials costs will increase by 5 percent and variable manufacturing costs will decrease by 2 percent. Fixed cash manufacturing costs are expected to decrease by 3 percent. Variable marketing costs will change with volume. Administrative cash costs are expected to increase by 3 percent. Inventories are kept at zero. Gulf States operates on a cash basis.

Consider how health insurance affects the quantity of health care services performed. suppose that the typical medical procedure has a cost of $160, yet a person with health insurance pays only $40 out of pocket. her insurance company pays the remaining $120. (the insurance company recoups the $120 through premiums, but the premium a person pays does not depend on how many procedures that person chooses to undergo.) consider the following demand curve in the market for medical care. use the black point (plus symbol) to indicate the quantity of procedures demanded if each procedure has a price of $160. then use the grey point (star symbol) to indicate the quantity of procedures demanded if each procedure has a price of $40. q d at p=$160 q d at p=$40 0 10 20 30 40 50 60 70 80 90 100 200 180 160 140 120 100 80 60 40 20 0 price of medical procedures quantity of medical procedures demand if the cost of each procedure to society is truly $160, the quantity that maximizes total surplus is procedures. economists often blame the health insurance system for excessive use of medical care. given your analysis, the use of care might be viewed as excessive because consumers get procedures whose value is than the cost of producing them.

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?

The solution set for -18 < 5x-3 iso-3х3< xо-3хo3 > x