Unit v assignment | Business & Finance homework help

 

Instructions

Tracy, the manager at Ruby Red Movie  Theater, is extremely worried about concession stand sales. Tracy has  indicated that she is at a loss regarding how many employees should be  working in the concession stand area and how many concession stand items  should be sold per day. Tracy is even considering closing the  concession stand area.  Output, labor, and price information  for items sold in the concession stand area have been provided in the  Unit V Assignment Worksheet. Your assignment is to help Tracy figure out  the optimal number of workers and the number of items that should be  sold daily. Let’s keep the concession stand open!  Access the Unit V Assignment Worksheet in Blackboard.  Complete the following in the Unit V Assignment Worksheet. 

Part 1

Complete the table,  calculating the total variable cost of labor, total cost per day, total  revenue, profit, average variable cost, average fixed cost, average  total cost, marginal cost, and marginal revenue.     

Part 2

Answer the questions after the table as a guide to use when writing your document.     

Part 3

Write a document of at least 750 words.      

  • Briefly describe the calculations you made when filling in the table data.
  • Indicate the profit-maximizing level of output and employees  along with the two ways you found this optimal level. This  profit-maximizing level of output and employees will tell you how to  keep the concession stand open.
  • Describe the average price level for concession stand items that  would be required to force the theater to shut down the concession  stand in the short run, and include how you determined this level. 

Include a copy of the completed table  and your answers to the questions in the worksheet after your document  (e.g., on the page following your reference page, if you have one). The  word count will not include the information in the table. All sources used, including the  textbook, must be referenced; paraphrased and quoted material must have  accompanying citations. All references and citations used must be in APA  Style.  

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 20% with the discount code RESEARCH