The deadweight loss associated with output less than the competitive level can be determined by A. subtracting the consumer surplus from the producer surplus associated with less output. B. summing the change in the total consumer and producer surplus from moving from the competitive level of output to less output. C. subtracting the competitive level producer surplus from the producer surplus associated with less output. D. summing the consumer and producer surplus associated with less output.
Answers
Answer:
C. subtracting the competitive level producer surplus from the producer surplus associated with less output
Explanation:
A deadweight loss refers to a cost to society created as a result of market inefficiency. Market inefficiency occurs when supply and demand are out of equilibrium. It is also known as excess burden.
Deadweight loss is also created due to taxes as they prevent people from purchasing things that they would otherwise as the final price of the product increases.
The deadweight loss associated with output less than the competitive level can be determined by subtracting the competitive level producer surplus from the producer surplus associated with less output
Related Questions
Using activity-based costing to make decisions
Dino Dog Collars uses activity-based costing. Dino's system has the following features:
Predetermined Overhead
Activity
Allocation Base
Allocation Rate
Purchasing Number of purchase orders $ 65.00 per purchase order
Assembling Number of parts
0.36 per part
Packaging Number of finished collars
0.25 per collar
Each collar has four parts, direct materials cost is $9.00 per collar, and direct labor cost
is $4.00 per collar. Suppose Animal Hut has asked for a bid on 25,000 dog collars. Dino
will issue a total of 150 purchase orders if Animal Hut accepts Dino's bid.
Requirements
1. Compute the total estimated cost Dino will incur to purchase the needed materials
and then assemble and package 25,000 dog collars. Also compute the cost per collar.
2. For bidding, Dino adds a 40% markup to total cost. What total price will the
company bid for the entire Animal Hut order?
3. Suppose that instead of an ABC system, Dino has a traditional product costing
system that allocates indirect costs at the rate of $9.60 per direct labor hour. The dog
collar order will require 12,000 direct labor hours. What total price will Dino bid using
this system's total cost?
4. Use your answers to Requirements 2 and 3 to explain how ABC can help Dino
make a better decision about the bid price it will offer Animal Hut.
Answers
Dino Dog Collars calculates the cost of producing 25,000 dog collars using activity-based costing. The total estimated cost, cost per collar, and bid price are calculated with a 40% markup.
What is the importance of ABC to management decision making?ABC is an accounting methodology that assigns indirect costs to products or services based on the activities that generate those costs. Unlike traditional costing methods, which allocate indirect costs based on a single cost driver, ABC allocates costs based on multiple cost drivers, providing a more accurate picture of a product's or service's true cost. ABC's value to management decision making stems from its ability to provide more accurate and relevant cost information. Managers can use ABC to determine which activities are causing costs, where inefficiencies exist, and how to optimise processes to reduce costs and increase profitability. ABC assists managers in making informed pricing decisions by providing a better understanding of the true cost of products and services.
To Know more about Management Visit:
brainly.com/question/18520039
#SPJ1
1. Normally, when buying a business, the seller:
does not sign a restrictive covenant.
notifies creditors 10 days prior to the sale of the business.
cannot assign his credit arrangements with suppliers to the buyer.
has little formal role or obligation in preparing documents and information necessary to the sale.
Answers
Answer:
C). cannot assign his credit arrangements with suppliers to the buyer.
Explanation:
As per the question, the 'seller is not able to allocate his credit adjustments associated with the suppliers to the potential buyer.' The seller must pay off and resolve his credit arrangements completely before selling off his property to the buyer. If he/she fails to do so, the buyer can sue him legally because the contract offers the asset or property to the buyer free of any previous credit adjustments with the seller. Thus, any such allocation would be considered illegal and cause damage to the seller and his image. Hence, option C is the correct answer.
Which Airlines lounges are the best ?
Answers
Reason:
Air France’s first class is the whole package. Not only does Air France offer one of the world’s best first class inflight products, but the carrier’s ground experience in Paris is equally impressive.
If you’re connecting in Paris, you’ll be picked up at your plane and driven to the first class lounge, and then later on will be driven from the first class lounge to your connecting flight.
There’s so much to love about the Air France first class lounge, though my favorite thing is probably the restaurant, which has an Alain Ducasse menu. In my experience it’s the best food offered in any airline lounge in the world. It’s not just that the food quality is excellent, but the service and presentation are equally good.
Hopefully this helps!
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
Refer to the below link for more information -
https://brainly.com/question/32533798
When Carter decided to start a luxury cologne company, he hired a wealthy
aristocrat from France as his primary spokesperson. Which aspect of the marketing
mix focuses on this action?
(1 point)
O positioning
O price
O unique selling proposition
O personal selling
Answers
Answer: Personal Selling.
Explanation:
Personal Selling. Personal selling focuses on the direct communication and relationship building between the company and the customer. In this case, Carter hired a wealthy aristocrat from France to be the spokesperson for his cologne company, which is an example of personal selling.
An account never used in a service business is
Answers
Answer:
inventory
Explanation:
SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
Answers
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
For more such questions on Coca-Cola
https://brainly.com/question/30371353
#SPJ8
In QuickBooks Online, where do you go to see all a company's categories organized into account types?
Answers
Answer:
The answer is "Chart of Accounts".
Explanation:
The chart of a financial report is the index of the general ledger of its financial accounts. In short, this is an organization tool that offers a digestible overview between subgroups of any money transfers performed by either a company in such an accounting period. It also using accounting graphs in Quickbooks to see those sections of a company grouped through account forms.
Volatile price changes, technological changes, and government intervention are what type of risks?
Answers
Volatile price changes, technological changes, and government intervention are external risks that can impact a company's operations and performance.
What are Volatile price changesVolatile price changes refer to fluctuations in input or product prices, which can affect profitability and cost structure. Technological changes can introduce advancements or disrupt an industry, requiring companies to adapt to avoid becoming obsolete.
Government intervention, through regulatory changes or policies, can create uncertainties and challenges for companies, affecting operations, costs, and market access.
To mitigate these risks, companies should implement risk management strategies such as diversification, contingency planning, staying informed about market trends, investing in R&D, and engaging with government stakeholders.
Read mroe on Volatile price changeshere https://brainly.com/question/30000522
#SPJ1
Which statement is not true about a straight loan?
Answers
One common misconception concerning straight loans is that they are fully amortized.
A direct loan is what?The only thing included in the payments for a term or straight loan is interest. In other words, it is not amortized, meaning that no payment was applied to the principle. Periodic payments, such as monthly, quarterly, or yearly, are possible.
Can real estate be financed with a direct loan?Real estate can be bought with a simple bank loan. The borrower is approved for the loan based on their strong credit history or on security other than real estate, such as stocks, bonds, or personal property.
A straight loan is what kind of loan?Straight loans are short-, long-, or immediate-term loans for which the borrower solely makes interest payments. This is a non-amortized loan since they don't pay back the principal (the amount they borrowed) until the loan term is through; instead, they pay interest.
Learn more about Straight loans: https://brainly.com/question/13992778
#SPJ13
NOVO FINANCE ECONOMICS AND ACCOUNT
243 Sub-task 3: Economic environment (Total: 30 marks: 180 minutes)
The Book Store is a business which sells a variety of books to suit any lifestyle, from
bestselling novels, educational material to children's books
The owner, Wendy Brocks, has realised that there is a demand for creative stationery
based on her customers' requests. She decided to expand her business by producing a
stationery-line including creative paper, envelopes, notepads, creative stamps, craft pens
and wrapping paper which she will sell in
store.
Wendy is considering using semi-finished products to produce the stationery and wants to
loan in order to gain the capital for the expansion of The Book Store. Wendy knows that
import the creative stamps and craft pens from China. Wendy plans to apply for a business
she has to conduct thorough research before starting this new venture.
The student is required to assist Wendy by conducting the research and preparing an
investigative report on the following points:
a) The four factors of production (inputs) needed for the manufacturing process of The
Book Store's new stationery-line. The student is required to investigate two inputs for
each factor of production.
b) Include a drawing of the production process of this new venture.
c) Research the infrastructure needed to manufacture the stationery-line.
d) Propose ideas on how to produce the creative stationery in an environmentally friendly
way to prevent deforestation.
e) Assuming the inflation-rate rises, give one implication that this increased inflation rate.
would have on the import cost of creative stamps and craft pens from China.
Find out the current interest rate as Wendy is considering applying for a loan. The date
the interest rate obtained must be given.
9) The investigation should be concluded by providing an opinion as to whether this
business idea is viable or not and provide three reasons to substantiate the answer.
Answers
The four factors of production (inputs) needed for the manufacturing process of The Book Store's new stationery include land, labor, capital and entrepreneur.
How to illustrate the information?Based on the information given, the production process of this new venture will be the input or resources that will be used for the production process.
The infrastructure needed to manufacture the stationery-line will be capital, and portfolio designs as well as printing machines.
The ideas on how to produce the creative stationery in an environmentally friendly.way to prevent deforestation is to use less paper and recycling.
An implication of this increased inflation rate is that it lead to the increase in production cost.
Lastly, the business is viable as there is a demand for creative stationery based on her customers' requests.
Learn more about production on:
https://brainly.com/question/26460726
#SPJ1
Qtr5g66677
Math problem
Answers
Answer:
The dot over a number signifies that it is a repeater which would go on for ever, as when we endeavor to describe 1/3 decimally as 0.33333 . . . . (etc)
With a series of numbers we place the dot over the first and last, as with 0.97979797979 . . . (etc)
The remarkable feature being that a proper fraction divided by 9s e.g. 46/99 is exactly equal to the numerator with the repeater sign followed by the decimal.
Please select the word from the list that best fits the definition
Level of a woman's income relative to that of a man.
Answers
There are different ways to define a term. Th word from the list that best fits the definition is Wage gap
What is wage gap?This is a term that refers to the level of women's income that is relative to that of men.
The wage gap exist due to the Differences in pay that is due to occupational segregation where there is more men in higher paid industries and women in smaller paid industries.
Learn more about Wage gap from
https://brainly.com/question/11655105
Answer:
Wage gape
Explanation:
2023-2024 EDGE
The political candidates keep talking to the citizens about the possibility of a recession what would most likely happen if a country experience a recession
Answers
The thing that would MOST likely happen in this case if a country experiences a recession is D.Businesses will suffer from decreased sales and profits, eventually leading to closure
What is recession ?Recession, in economics, can be described as the downward trend in the business cycle.
Itshouldbe nopted that this can be seen as the decline in production and employment, whereby the incomes and spending of households to decline and as a result of thisthere would be hunger sa well as hardship in the country for this cause.
Learn more about recession at:
https://brainly.com/question/21139689
#SPJ1
missig part
What would MOST likely happen if a country experiences a recession?
A.
Feeling confident in the economy, people will begin to spend money more freely.
B.
Jobs will be more plentiful, and companies will be doing a lot of hiring.
C.
Families will start to purchase larger and more expensive homes.
D.
Businesses will suffer from decreased sales and profits, eventually leading to
Kelly agrees to provide a two hour goat yoga class for Tara and Gabby for $20.00 each. An hour and 50 minutes into the lesson, Kelly misreads the clock and dismisses Tara and Gabby from the lesson. Can Tara and Gabby sue for breach of contract?
Answers
Tara and Gabby would not be able to sue Kelly for breach of contract if the court determines that 10 minutes less is not a material breach and Kelly acted in good faith.
Why would Tara and Gabby not be able to sue?Kelly did not break the contract on purpose and instead acted in good faith based on what they perceived the time to be.
The 10 minutes that was denied Tara and Gabby were also not very significant and so might not warrant a material breach. If the court finds these two things to be the case then there is no breach of contract.
In conclusion, option A is correct.
Find out more on contractual breaches at https://brainly.com/question/1184001.
1. What are the different kinds of savings
accounts?
Answers
Answer:
saving accounts are when you want to save money
Jojo is paid nine dollars an hour and works for 45 hours this week what is Georgia’s gross pay standard overtime rules
Answers
Answer:
make a proper question. please
How can one tell whether two firms are engaging in an alliance to facilitate collusion or are engaging in an alliance for other purposes?
Answers
Through strategic alliances it is possible to identify the objectives of two companies for their development and marketing success.
What is a strategic alliance?It is defined as an agreement between two or more companies, where there is the sharing of tangible resources and knowledge to achieve benefits that satisfy the needs of both.
Therefore, in a strategic alliance, the organizations involved remain independent and use shared resources to achieve objectives and market positioning.
Find out more about strategic alliance here:
https://brainly.com/question/4467038
#SPJ1
Rates and taxes
amount to R 14000
per month, and must
be apportioned in
relation to floor space
(the factory takes up
75% of the total floor
space of the entire
premises
Answers
Answer:
The Rates and Taxes:
Factory = R 10,500
Office = R 3,500
Explanation:
a) Data and Calculations:
Total amount for Rates and Taxes = R 14,000
Factory space = 75%
Therefore, office space = 25% (100 - 75%)
Apportionment of the Rates and Taxes for the month:
Factory = R 10,500 (R 14,000 * 75%)
Office = R 3,500 ( R 14,000 * 25%)
b) Each function of the business entity is apportioned a part of the Rates and Taxes according to the size of the floor space they take up. This shows that Rates and Taxes are dependent on floor space.
FINANACE!!! WILL GIVE BRAINLIEST....10 POINTER
Gas costs $3 per gallon at a nearby gas station. There is a gas station about an hour away that has gas for sale for $2.90 per gallon. Salvador plans to drive an hour to and from this gas station to fill his car up with 10 gallons of gas. What should Salvador understand before he launches into his plan?
A.
The $30 savings are worth the drive to the other gas station.
B.
He will save $3 by driving an hour to get the discount gas.
C.
He will likely lose money by driving an hour to get the discount gas.
D.
It is always better to buy something at the lowest price available.
Answers
Answer:
C.He will likely lose money by driving an hour to get the discount gas.
Explanation:
Given that
The cost of the gas per gallon is $3
The sale per gallon is $2.90
The salvador plans to drive an hour along with the 10 gallons of gas
So here the salvador should be lose the money via driving the car in order to get the discounted gas
Therefore as per the given situation, the option c is correct
You are reading product reviews posted online by consumers. Which external information source are you using?
A. company website
B.industry website
industry website
C. social media
D. print media
E consumer report
Answers
Option (e), Reading customer reviews of products that have been put online. The external information source you're employing is called Consumer Report.
What does it mean when something is a "internal source" or a "external source"?Internal data refers to information regarding the business's activities, maintenance, personnel, and finances. Market information that comes from customers and competitors is external. It comprises data like statistics from surveys, polls, research studies, and customer feedback.
Consumer reviews are what kind of information?Customer review data is the sum of consumer ratings and reviews of products, services, and businesses. Customer feedback data looks at how consumers engage with and use a brand's products and services. what consumers think about a business.
Why are consumer product reviews important?Product reviews help businesses choose which products to stock in addition to helping consumers make informed decisions. According to Invsep, 90% of customers check internet reviews before visiting a business, and 88% of them think that these reviews are just as trustworthy as personal recommendations.
Learn more about Customer review data: https://brainly.com/question/26504286
#SPJ1
Number of Workers
10
20
30
Output (thousands)
3
5
6
What is the marginal cost of increasing production from 5,000 units to 6,000 units?
Fixed Cost ($)
2000
2000
2000
Variable Cost ($)
100
200
300
Answers
The marginal cost for increasing production is from 5000 units to 6000 units is $ 0.10. The answer is optin (d).
How to calculate marginal cost?No.of workers output fixed cost variable cost
10 3000 2000 100
20 5000 2000 200
30 6000 2000 300
Firstly Total Cost = Fixed cost + Variable cost
The second and third rows of the aforementioned table indicate an increase in production from 5000 to 6000 units.
With 20 workers in the second row, the output is 5000 units, and the overall expense is $2200.
Total cost = Fixed cost + Variable cost
Total cost = $2000 + $200 = $2200
The Third Row has 30 employees, produces 6000 units, and costs $2300 in total.
Total Cost = $2000 + $300 = $2300
Marginal Cost = Change in total cost / change in output units
Change in Total cost = Third Row total cost - Second Row total cost
= $2300 - $2200
= $100
Change in output units = Third Row output units - Second Row output units
= 6000 units - 5000 units
= 1000 units
100 dollars in overall cost and 1000 units in output are changed..
Marginal cost = Change in total cost / Change in output units
= $100 / 1000 units
= $0.10
To know more about marginal cost, visit:
https://brainly.com/question/12231343
#SPJ1
Options for the given question is,
a). $300
b). $0.43
c). $100
d). $0.10
6. Using Delta Airlines as the case company, conduct the Generic Strategies Model analysis. Write your analysis in the textbox below
Answers
Mandatory spending refers to programs in the U.S. federal budget that
Answers
Answer:
Mandatory spending is simply all spending that does not take place through appropriations legislation. Mandatory spending includes entitlement programs, such as Social Security, Medicare, and required interest spending on the federal debt. Mandatory spending accounts for about two-thirds of all federal spending.
Explanation:
Hope it helps
What examples best demonstrate likely tasks for Distribution and Logistics workers? Check all that apply. Stacy supervises workers who create advertising strategies for a company. Mariano creates a website for providing information about a company’s product. Soledad identifies ways to reduce a company’s storage and shipping costs. Thurman researches the potential customers for a company to find out what they want. Portia supervises workers who ship and store products in a warehouse. Denver analyzes the supply chain for a company’s product.
Answers
Answer:
the real answer is c,e, and f
Explanation:
your welcome america
The best demonstrate likely tasks for Distribution and Logistics worker are a,c, and f.
What is distribution and logistics management?Distribution and logistics management is a critical company function. It play a key role in fulfilling customer demands, ordering and managing inventory, controlling inbound and outbound shipments, reducing costs, saving time, and meeting company objectives. and vision.
So the correct examples for Distribution and Logistics workers are: Portia supervises workers who ship and store products in a warehouseSoledad identifies ways to reduce a company’s storage and shipping costs. Denver analyzes the supply chain for a company’s product.Learn more about Distribution and Logistics here: https://brainly.com/question/27092762
#SPJ2
Please post about a time when your attitude made a positive difference.
Answers
Developing a positive mindset at work can help you achieve success. It has happened for me several times in my career.
One of the instances I'd like to tell is when I was vying for the position of manager in my workplace as an employee.
In a telecom company, I managed the sales department. I had been working there for 7 years with no success; three of the employees put in less time than I did yet managed to get the top position. I was demotivated by the thought that perhaps there is something I am not doing correctly when I repeatedly lost the post to them. Even though my sales figures were strong, luck evaded me in some way.
Since there had been no advancement, it had been ten years. Nonetheless, I never wavered from my commitment to keep trying. I consistently adhered to the fundamentals and worked to become a better seller. My sales started to rise considerably.
Ultimately, the figures were significant enough to turn the proper heads. Finally, I received a promotion, but guess what? It was to the position of Area Retail Head, which is much more important than Manager. While it took ten years, I am still happy with my accomplishments. It's still as delicious as it was before.
Therefore, being positive in all those years, not looking back or getting discouraged paid dividends and made a huge difference in my life.
To know more about Positive attitude visit:
https://brainly.com/question/2548062
#SPJ1
Brewsters, a ice cream company, has been fairly successful in its market. Lydia sees an opportunity for profit and enters the market. After producing her profit-maximizing level of output, she finds that her average total cost per unit is $5, her average variable cost per unit is $3, and the market price is $2.50. In the short run, Lydia should Choose one: A. expand production because she is making a positive economic profit.
Answers
Answer:
A. shut down her business.
Explanation:
Given that
The average overall cost per unit is $5
The average variable cost per unit is $3
And, the market price per unit is $2.50
Based on the above information
In the short run, the lydia should shut down her business as the total cost is more than the market price due to which the company is suffering the loss instead of the profit
Therefore the correct option is a.
Question 10 of 10
Harland just got his second major credit card, so his credit score rose from
671 to 711. According to the following table for a $150,000 mortgage, how
much less per year would Harland have to pay on a $150,000 mortgage with
the new credit score?
FICO
score
720-850
Interest
rate
5.59%
Monthly
payment
$860
700-719
5.71%
$872
$924
675-699
6.25%
7.40%
620-674
560-619
500-559
8.53%
$1039
$1157
$1238
9.29%
Answers
Answer: 2004
Explanation:
Case: Making Difficult Decisions in Hard Times
Read and discuss the following scenario:
You are on the top management team of a medium-size company that manufactures cardboard boxes,
containers, and other cardboard packaging materials. Your company is facing increasing levels of
competition for major corporate customer accounts, and profits have declined significantly. You have tried
everything you can to cut costs and remain competitive, with the exception of laying off employees. Your
company has had a no-layoff policy for the past 20 years, and you believe it is an important part of the
organization’s culture. However, you are experiencing mounting pressure to increase your firm’s
performance, and your no-layoff policy has been questioned by shareholders.
Even though you haven’t decided whether to lay off employees and thus break with a 20-year tradition for
your company, rumors are rampant in your organization that something is afoot, and employees are worried.
You are meeting today to address this problem.
Tasks to perform:
1. Develop a list of options and potential courses of action to address the heightened competition and decline
in profitability that your company has been experiencing.
2. Choose your preferred course of action, and justify why you will take this route.
3. Describe how you will communicate your decision to employees.
4. If your preferred option involves a layoff, justify why. If it doesn’t involve a layoff, explain why.
Organizational culture comprises the shared set of beliefs, expectations, values, norms, and work routines
that influence how members of an organization relate to one another and work together to achieve
organizational goals.
In essence, organizational culture reflects the distinctive ways in which organizational members perform
their jobs and relate to others inside and outside the organization. It may, for example, be how customers in a
particular hotel chain are treated from the time they are greeted at check-in until they leave; or it may be the
shared work routines that research teams use to guide new product development. When organizational
members share an intense commitment to cultural values, beliefs, and routines and use them to achieve their
goals, a strong organizational culture exists. When organizational members are not strongly committed to a
shared system of values, beliefs, and routines, organizational culture is weak.
/
/
/
Tasks to perform:
1. Develop a list of options and potential courses of action to address the heightened competition and decline
in profitability that your company has been experiencing.
2. Choose your preferred course of action, and justify why you will take this route.
3. Describe how you will communicate your decision to employees.
4. If your preferred option involves a layoff, justify why. If it doesn’t involve a layoff, explain why.
Answers
Answer:
c because I did this one an I chose a but it was c
Compute the present value of an ordinary annuity that pays $13,000 per year for 15 years at 10%.
Present value of ordinary annuity of $1:
7%
8%
9%
10%
12%
11
7.499
7.139
6.805
6.495
5.938
12
7.943
7.536
7.161
6.814
6.194
13
8.358
7.904
7.487
7.103
6.424
14
8.745
8.244
7.786
7.367
6.628
15
9.108
8.559
8.061
7.606
6.811
Answers
Answer:1184%
Explanation:
omeowner's Insurance Premium
Home Owner's Policy Comparison Deductible
Policy 1 $1,600
Policy 2 $2,000
Which statement below correctly compares the premium prices for these insurance policies?
A. Policy 2 will have a higher premium because it has a lower
deductible than Policy 1.
B. Policy 1 will have a higher premium because it has a lower
deductible than Policy 2.
C. Policy 2 will have a higher premium because it has a higher
deductible than Policy 1.
D. Policy 1 will have a lower premium because it has a lower
deductible than Policy 2.
Answers
The correct statement that compares the premium prices for these insurance policies is:
B. Policy 1 will have a higher premium because it has a lower deductible than Policy 2.
In the context of insurance policies, the deductible is the amount the policyholder must pay out of pocket before the insurance coverage kicks in.
A lower deductible means the insurance company will have to cover a larger portion of the claim, which typically leads to a higher premium.
Policy 1 has a lower deductible of $1,600 compared to Policy 2's deductible of $2,000.
Therefore, Policy 1 will likely have a higher premium because the insurance company would bear a greater portion of the claim costs.
for similar questions on Insurance.
https://brainly.com/question/25855858
#SPJ8