Solve the Problem. -An Electronics Company Kept Comparative Statistics on Two Products, a Two

question 53

Multiple Choice

Solve the problem.
-An electronics company kept comparative statistics on two products, A and B. For the years 2003 to 2011, the total number of Product A ever sold (in thousands) is given by the equation y = 77x + 200, where x is the
Number of years since 2003. For that same period, the total number of Product B ever sold (in thousands) is
Given by the equation y = -30x + 434, where x is the number of years since 2003. Use the substitution method to
Solve the system and choose the statement that most accurately describes the solution.

• A) At about 2.2 years (to the nearest tenth) since 2003, the company sold the same number of Product A as Product B.
• B) At some point between 2003 and 2011, the company had sold 2200 of each product.
• C) When 369,000 of Product A had been sold, 2.2 times as many of Product B had been sold.
• D) The company sold about 2.2 times as many of Product B as Product A.

Analyze the feasibility of investments using NPV and cost of capital.

Determine the factors influencing the choice between different technologies or business strategies based on costs.

Understand short-run and long-run decision-making processes for operational and investment purposes.

Apply the concept of marginal costs and average costs in determining production levels and profitability.

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Definitions:

B2C E-commerce

B2C E-commerce refers to the online selling of goods or services directly to consumers, bypassing traditional retail.

Cash Receipts Journal

A financial journal used to record all cash inflows, tracking receipts from sales, loans, investments, and other sources.

Revenue Journal

A specialized accounting journal used to record the company's revenue transactions, distinguishing them from other types of financial transactions.

Accounts Payable Subsidiary Ledger

The subsidiary ledger containing the individual accounts with creditors (suppliers).