The manager at Soul Walk Inc., a shoe manufacturing company, wants to set a new price (P) for a 3) shoe model to maximize total profit. The demand (D) as a function of price is represented as: D = 1,500 - 2.5P The total cost (C) as a function of demand is represented as: C = 3,200 + 3.5D Which of the following is a model for total profit as a function of price? A) (1,250 × price) + (5 × price2) - 8,320 B) [4521 + (4.5 × price)] × price - 9684.25 C) (1,508.75 × price) - (2.5 × price2) - 8,450 D) (3.5 × price2) + 3,200 - (1925.50 × price)

Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.

What is the sequence of events that could lead to trade surplus

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?