JED Industries manufactures 10,000 components per year. The manufacturing cost per component was determined to be as follows: Direct materials $240,000 Direct labor 360,000 Variable manufacturing overhead 80,000 Fixed manufacturing overhead 280,000 Total $960,000 An outside supplier has offered to sell the component for $84. Assume JED Industries could avoid $40,000 of fixed manufacturing overhead if it purchases the component from the outside supplier. If JED purchases the component from the supplier instead of manufacturing it, the effect on income would be a

8. problems and applications q8there are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the following costs: consumers' willingness to payyvette: $35cho: $15sean: $45bob: $25firms' costsfirm a: $40firm b: $20firm c: $10firm d: $30each firm has the capacity to produce only one haircut.for should be given.which businesses should cut hair? check all that apply.firm afirm bfirm cfirm dwhich consumers should have their hair cut? check all that apply.bobchoseanyvettethe maximum possible total surplus is

Jonathan’s class has 30 boys. of the students in his class, 60% are girls. how many girls are in jonathan’s class? (a)75 (b)60 (c)45 (d)20

Which phase describes the income effect