Schuh Enterprises manufactures baseballs and identified the following costs associated with their manufacturing activity (V = Variable; F = Fixed). The following information is available for the month of June when 25,000 baseballs were produced, but only 23,500 baseballs were sold. (Assume normal production ranges from 15,000 to 40,000 baseballs) Power to run plant equipment (V) S 25,000 Other selling costs (V) $149, 150 Indirect labor (F) S 50,000 Property taxes on building (F) $ 12,500 Marketing costs (V) $ 30,000 Factory Supervisor salaries (F) $125,000 Direct materials used (V) $500,000 Depreciation on plant equipment (F) S68,000 Shipping costs to customer (V) $ 48,800 Indirect material and supplies (V). $ 37,500 Direct labor (V) S250,000 Administrative salaries (F) $300,000 Insurance on factory building (F) S 62,500 Utilities, factory (V) $ 50,000 General office costs (F) $ 48,000
Compute the following amounts for July, assuming 30,000 baseballs were produced and sold:
Total manufacturing costs.
A. S 1,411,560
B. $ 1,180,500
C. $ 1,353,000
D. $ 1,416,600

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.

Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.

12. to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill.