Assume you are the Director of Marketing for Majjus Enterprise, a firm that produces a new product called African Solar. Your company sells to two distinct geographical markets-East Legon and Nima. Majjus Enterprise is described as a monopolist and has the possibility of discriminating between its East Legon and Nima Markets. In order to derive the maximum profit from the production process, you engaged the services of an Econometrician, who estimated the demand functions for both East Legon and Nima markets to be:
Q1 = 24 – 0.2P1 East Legon Market
Q2 = 10 – 0.05P2 Nima Market
Where Q1 and Q2 are the respective quantities of African Solar demanded in the East Legon and Nima markets and P1 and P2 are their respective prices (in GH¢). If the Total Cost (TC) of Majjus Enterprise for producing African Solar for these two markets is given as TC = 35 + 40Q, where Q = Q1 + Q2.
i. What profit will Majjus Enterprise make with and without price discrimination? (10 marks)
ii. What business advice will you give in respect of practicing price discrimination or selling a uniform price? (1 mark)
iii. If price discrimination is the option to implement within the context of elasticity of demand, what pricing policy should be implemented in each market to raise total revenue?

The correct response is c. avoiding the shortcomings of a fragmented functional organization structure by reorganizing a company's entire business operations into a series of process departments and charging each process department with full responsibility for performing all aspects of a particular value chain activity.

Harvesting value from a company's assets is what business operations are. Assets may be tangible or intangible. Rent is a prime example of value that comes from a tangible asset, like a building. A royalty is an illustration of value that is derived from an intangible asset, such as an idea. Business operations cycles are the amount of work required to "harvest" this value. Everything that takes place inside a firm to keep it operating and making money is referred to as "business operations" in the general sense. In order for the firm founders to comprehend the systems, tools, personnel, and procedures required to run the business, business plans frequently include a part devoted to operations.

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If you work in a profession where it is appropriate, you should include your name and title in your professional bio.

You must provide your name and the title of your present position in the first sentence of your brief bio. Say, "Sarah Hayes is the Senior Marketing Director for Blooming Street Creative," as the first sentence of your bio. You might put your most recent title or your college major if you are actively looking for work.

Include significant professional positions and accomplishments in your biography. Include your interests, passions, and the way you apply your values to your work. a description of your background as a worker, businessperson, or professional.

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Answer:

1. Savers increase their savings as interest rate increases

2. Borrowers decrease their borrowing as interest rate on loans increases

Explanation:

1.

Interest rates are a great determinant of what those who save money get on their deposits. When interest rate increases, people tend to save more so as to earn more interest on their deposits. So it encourages savings. Therefore as interest rate increases savers would increase their amount of savings.

2.

For borrowers, more interest rate on loan amount discourages borrowing. More interest rate means that they would have to pay back more money on the loan amount they borrowed. This implies a rise in the cost of borrowing. So the borrower decreases the amount of borrowing if interest rate on loan increases.

What is interest rate?

Interest rate is an amount charged by a lender to a borrower for any form of debt given, generally expressed as a percentage of the principal.

Interest rate to savers

Higher interest rate encourages savings. When interest rate increases, people tend to save more so as to earn more interest on their deposits.

The above means that savers will increase their amount in savings if the interest rate on savings accounts increases.

Interest rate to borrowers

Higher interest rate discourages lenders from borrowing more. More interest rate means that they would have to pay back more money on the loan amount they borrowed.

It therefore means that borrowers will decrease the amounts of borrowing if the interest rate on loans increases.

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C. Gather relevant information Journalize adjusting entries. Post

adjusting entries is the correct order of the steps for adjusting entries.

What are adjusting entries?

Adjusting entries are modifications to previously written entries in your diary. They specifically check that the data you have recorded corresponds to the appropriate accounting periods.

Journal entries keep track of how money flows into, out of, and between various accounts in your business.

Making an adjustment entry ensures that the operations of your company are accurately and timely recorded. Your records will show you paying for expenses before they are actually incurred or collecting unearned earnings before you can use the money if you don't make adjustment entries.

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The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is used to track inflation and understand how prices of goods and services are changing.

Here are some key points about the CPI:

1. The CPI measures the average of prices for a wide range of goods and services that are typically purchased by a typical consumer. It includes items like food, housing, clothing, transportation, and medical care.

2. The CPI is calculated by taking a weighted average of prices for different items in the market basket. The weights reflect the importance of each item in the average consumer's spending.

3. The CPI is a useful tool for tracking inflation and understanding changes in purchasing power. By comparing the CPI over time, economists and policymakers can assess whether prices are rising or falling and how this impacts consumers' ability to afford goods and services.

4. The CPI is different from the GDP deflator, which measures the price level of all goods and services produced in an economy. While the CPI focuses on consumer prices, the GDP deflator considers prices at all stages of production, including intermediate goods and services.

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Answer:

the answer is B

Explanation:

The correct option is B. If you want to know how much you need to invest today at 12 percent compounded annually in order to have $4,000 in five years, you will need to find a present value.

The correct option is B. In finance, the present value is the value today of a future amount of money, given a specified rate of return. It represents the amount of money that would need to be invested today, at a given rate of interest, in order to accumulate a certain amount of money in the future.

In the given scenario, if we want to have $4,000 in five years, we need to find the present value that we should invest today to achieve this goal. The rate of return, or interest rate, is 12 percent compounded annually. Using a present value formula or a financial calculator, we can determine that the present value we need to invest today is approximately $2,360.

This means that if we invest $2,360 today at a 12 percent annual interest rate, we will have $4,000 in five years. The present value is an important concept in finance, as it allows us to compare the value of money at different points in time and make informed investment decisions.

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The effectiveness of Nolan's goal can be achieve using the MAD goals concept when her idea is  Measurable, Attainable, and have a Deadline.

The ​​MAD Goals are:

The effectiveness of Nolan's goal can be achieve using the MAD goals concept when her idea is  Measurable, Attainable, and have a Deadline. When the cancer donations falls within the define steps above, she can be able to attain her goal.

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Private investment played a crucial role in Japan's industrialization process. Following the Meiji Restoration in 1868, the Japanese government encouraged private investment by offering incentives.

Private investors used these incentives to build factories, develop infrastructure, and introduce new technologies, which helped to create a diversified and modernized economy.

Private investment was particularly important in the development of Japan's heavy industries, such as steel, shipbuilding, and machinery. The government supported these industries by providing infrastructure and favorable policies, but it was private investors who provided the capital and technical expertise needed to establish and expand these industries.

Overall, private investment was essential to Japan's rapid industrialization, allowing the country to catch up with and even surpass the industrialized nations of the West in a relatively short period.

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Answer:

Advantages of having a business partner in a sole proprietorship business:

Disadvantages of having a business partner in a sole proprietorship business:

Overall, while having a business partner in a sole proprietorship can bring benefits such as shared responsibility, shared risk and access to more resources, it also involves shared decision-making, shared profits, liability for partner's actions and the risk of partnership dissolution. It is important to carefully consider these factors before entering into a partnership to ensure that the benefits outweigh the potential drawbacks.

Answer: the top two in brand and the fourth one in brand to, the rest in line

Explanation:

Answer: 100% Correct

Explanation:

Brand Extension:

A home appliance manufacturing company decides to manufacture furniture.

A sandwich making company decides to manufacture desserts.

An apparel manufacturing company decides to manufacture traveling suitcases.

Line Extension:

An electric gadget manufacturing company decides to manufacture home appliances

An apparel manufacturing company designs clothes for adults and decides to make kids clothes

A corn flakes manufacturing company decides to make rice flakes

FIFO: Cost of Goods Sold = $840; Cost of Ending Inventory = $1,400.

LIFO: Cost of Goods Sold = $1,421; Cost of Ending Inventory = $2,100.

Average-cost: Cost of Goods Sold = $2,109; Cost of Ending Inventory = $1,985.

To compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost methods, we need to use the given information. Here's how you can calculate them:

1. FIFO (First-In, First-Out):

Under the FIFO method, the cost of the ending inventory is based on the assumption that the earliest purchased items are the first ones sold. To calculate the cost of the ending inventory and the cost of goods sold, we follow the order in which the units were purchased.

The calculation for FIFO is as follows:

Cost of Goods Sold:

June 1: 12 units * $5 = $60

June 23: 130 units * $6 = $780

Total Cost of Goods Sold = $60 + $780 = $840

Cost of the Ending Inventory:

June 30: 200 units * $7 = $1,400

2. LIFO (Last-In, First-Out):

Under the LIFO method, the cost of the ending inventory is based on the assumption that the most recently purchased items are the first ones sold. To calculate the cost of the ending inventory and the cost of goods sold, we follow the reverse order in which the units were purchased.

The calculation for LIFO is as follows:

Cost of Goods Sold:

June 30: 203 units * $7 = $1,421

Cost of the Ending Inventory:

June 1: 12 units * $5 = $60

June 23: 340 units * $6 = $2,040

Total Cost of the Ending Inventory = $60 + $2,040 = $2,100

3. Average-Cost Method:

Under the average-cost method, the cost of the ending inventory is calculated based on the average cost of all units available. To calculate the cost of the ending inventory and the cost of goods sold, we use the average cost per unit.

The calculation for the average-cost method is as follows:

Average Cost per Unit:

Total Cost = $650 + $2,040 + $1,400 = $4,090

Total Units = 130 + 340 + 200 = 670

Average Cost per Unit = $4,090 / 670 ≈ $6.11

Cost of Goods Sold:

Total Units Sold = 12 + 130 + 203 = 345

Cost of Goods Sold = 345 units * $6.11 = $2,108.95 (rounded to $2,109)

Cost of the Ending Inventory:

Total Units in Ending Inventory = 670 - 345 = 325

Cost of the Ending Inventory = 325 units * $6.11 = $1,984.75 (rounded to $1,985)

In summary, the calculations for the cost of the ending inventory and the cost of goods sold are as follows:

FIFO:

Cost of Goods Sold = $840

Cost of the Ending Inventory = $1,400

LIFO:

Cost of Goods Sold = $1,421

Cost of the Ending Inventory = $2,100

Average-Cost:

Cost of Goods Sold = $2,109

Cost of the Ending Inventory = $1,985.

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The given costs in FixIt Inc. when classified as  unit-level, batch-level, product-level, or facility-level are :

Unit-level costs are costs that vary with the production volume of each unit of product. Batch-level costs are costs that vary with the number of batches produced, but not with the volume of each unit of product.

Product-level costs are costs that are specific to a particular product or group of products and are not affected by the number of units or batches produced. Facility-level costs are costs that cannot be traced to a specific product, batch, or unit of production, but are necessary to keep the entire production process operating.

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Recently, financial markets have become highly integrated. This development allows investors to diversify their portfolios internationally.

The integration of financial markets refers to the process of linking financial systems and markets across different countries and regions.

This integration has been facilitated by advances in technology and the globalization of the economy, which have made it easier for investors to invest in markets outside their home country.

One of the key benefits of financial market integration is that it allows investors to diversify their portfolios internationally.

Diversification is an important risk management tool, as it enables investors to spread their investments across different markets and asset classes, reducing the overall risk of their portfolio.

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Market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay.

Market failure refers to a situation when there's an inefficient distribution of resources in the market.

Market failure occurs when the free market does not distribute resources efficiently. This leads to rational outcomes for the group as a whole.

Hence, market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay.

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Answer:

2

Explanation:

It’s just right, trust

Answer: build synergy

Explanation:

The scenario that occured in this situation has to do with the building of synergy.

A synergy is built in this case as the interaction with other finance experts has led to the increase in the sites search engine optimization and this ultimately brings about an increase in the number of potential clients.

Answer:

economic rent of $65,000

Explanation:

Economic rent is the amount of money paid in excess to a factor of production in excess of what is socially optimum

Economic rent = $150,000 - $85,000 = $65,000

Accounting profit= total revenue - explicit cost

Total revenue =price x quantity sold  

Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials

Economic profit = accounting profit - implicit cost

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

Without the regulation, economic profit would be driven to zero.

Answer:

(C) Where a particular event has affected the desirability of the property

Explanation:

A stigmatized property is one that has been psychologically impacted by an event that occurred on the property or one that has been suspected to have occurred on that property. Such a property is now "stigmatized" because such an event will have a drastic effect on multiple values and aspects of the property.

In Office cleaning services companies are least likely to use a process costing system. Thus, option B is correct.

Process costing is a technique for allocating costs that is frequently used in manufacturing organizations. In this technique, the manufacture of a product is divided into several processes, with the costs of each step being assigned to the finished goods produced.

Wooden pencils, shampoo, and canned veggies are all examples of manufacturing companies whose products can be broken down into distinct processes and expenses assigned to them. Since there is no production or manufacturing involved in office cleaning services, it is impossible to allocate expenses in a process-based manner.  

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The firms and workers will adjust their inflation expectations upward at at a point on the short-run Phillips Curve and thus. allowing the economy to move toward the long-run Phillips Curve.

As the Phillips curve is a graphic representation that depict the relationship between the rate of unemployment and rate of change of money wages, the short-run graph will show that in the short-term, there is a tradeoff between inflation and unemployment.

However, when the economy is a point on the short-run Phillips Curve, decision may be made by firms and workers to adjust their inflation expectations upward and this will allow the economy to move toward the long-run Phillips Curve.

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All of the aforementioned are principles of scrum development except: B. testing the project once during development.

In Computer technology, some examples of the models and methodologies that are typically used in the software development life cycle (SDLC) include the following;

In Agile software development, the software development team are generally more focused on the production of functional and active software programs with less effort on documentation, while ensuring that adjustments can be made when necessary.

Additionally, scrum development is an Agile software development methodology that is typically used for developing software based on an iterative, continuous testing, and incremental processes, which makes it adaptable and fast.

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Answer:

it can lead to national poverty and economy crisis

Answer: Global strategic alliance

Explanation:

A global strategic alliance is an arrangement that takes place between two companies when they both go into a project that is mutually beneficial even though the independence of each company is still retained.

Based on these facts that have been given in the question, the U.S. company should consider using this strategy for entering the Chinese market.

The best first course of action the VP of HR should take is to thoroughly investigate the allegations of unlawful harassment made by the employee and consult with legal counsel to ensure proper handling of the situation.

When a complaint of unlawful harassment is received, it is crucial to take it seriously and conduct a prompt and thorough investigation. This involves gathering relevant information, interviewing involved parties, and reviewing any supporting evidence. It is essential to maintain confidentiality throughout the process and ensure a fair and unbiased investigation. Additionally, consulting with legal counsel is important to understand the legal implications, assess potential risks, and determine appropriate actions to be taken.

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The scope of the project increases due to change requests from clients. Option B is correct

This is further explained below.

Generally, A strategy, technique, or any concept, idea, model, specification, standard, or policy for carrying out anything is considered to have been implemented when it is put into action or practiced.

Therefore, the activity that must follow any preparatory thought that is done in order for anything to truly happen is known as implementation.

In conclusion, Changes that were requested by customers resulted in an expansion of the project's scope. Alternative C

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Answer:

The scope of the project increases due to change requests from clients.

Explanation: