The weighted contribution margin for the six types of steaks sold at Hudson's Steakhouse is $11.20.
To compute the weighted commitment edge for the six kinds of steaks sold at Hudson's Steakhouse, we really want to duplicate the commitment edge of every steak by the number sold, then summarize the outcomes and separation by the absolute number of steaks sold.
How about we ascertain the weighted commitment edge bit by bit:
1. Increase the commitment edge by the number sold for every steak:
New York Strip: $11.50 * 85 = $977.50
Cowpoke Ribeye: $9.50 * 95 = $902.50
Filet: $11.00 * 120 = $1,320.00
Unimposing Filet: $8.50 * 65 = $552.50
Sirloin: $13.50 * 360 = $4,860.00
Prime Rib: $10.00 * 410 = $4,100.00
2. Summarize the outcomes: $977.50 + $902.50 + $1,320.00 + $552.50 + $4,860.00 + $4,100.00 = $12,712.50
3. Partition the aggregate by the absolute number of steaks sold: $12,712.50/1,135 = $11.20
Consequently, the weighted commitment edge for the six kinds of steaks sold at Hudson's Steakhouse is $11.20. The right response is (a) $11.20.
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If increasing numbers of consumers decide to purchase organically farmed fruit rather than conventionally farmed fruit, how is the market likely to respond?
If increasing numbers of consumers decide to purchase organically farmed fruit rather than conventionally farmed fruit, how the market is likely to respond is: Conventional fruit profits will fall.
What is Conventionally farming?Conventional farming can be defined as the process of farming fruits and vegetables.
Based on the given scenario in a situation were high number of consumer bought organic farmed fruit instead of conventional farmed fruit, this means that profit for conventional fruit will declined.
Therefore how the market is likely to respond is: Conventional fruit profits will fall.
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most stock exchanges today use electronic trading
Define the measurement principle. Select one: a. Transactions should be recorded on the basis of objective evidence where different people looking at the evidence would all arrive at the same conclusion. b. Accounting records should all be reported in a single currency. c. Items must be recorded at their historical cost. d. A business will continue to operate into the foreseeable future.
The measurement principle in accounting states that items must be recorded at their historical cost. Option (c) is the correct answer.
The measurement principle, also known as the historical cost principle, requires that items be recorded in financial statements at their original cost. According to this principle, the initial transaction or acquisition cost of an asset or liability is the most reliable and verifiable measure of its value.
Recording items at historical cost provides objectivity and verifiability in financial reporting. It ensures that transactions are measured based on objective evidence and can be supported by documentation and proof. Historical cost reflects the actual amount paid or incurred at the time of acquisition, which helps in providing a faithful representation of the financial position and performance of a business.
While the value of assets and liabilities may change over time due to factors such as inflation or market fluctuations, the measurement principle dictates that financial statements should initially reflect the historical cost. However, it's important to note that certain assets, such as marketable securities or inventory, may be subsequently adjusted to their fair value if it is deemed more relevant and reliable for decision-making purposes.
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a monopoly that can perfectly price discriminate has a marginal revenue curve that is _____ the demand curve for the good that the monopoly produces. if a monopoly can perfectly price discriminate, it produces _____ deadweight loss.
The marginal revenue curve of a monopoly with perfect price discrimination is steeper than the demand curve. A monopoly doesn't cause any deadweight loss if it can properly price discriminate.
What impact does perfect pricing discrimination have on revenue?The monopolist will continue to produce until marginal cost matches the price of the good because under perfect price discrimination, the marginal revenue curve corresponds with the market demand curve.
What happens when pricing discrimination is perfect?The effects of perfect price discrimination: more will be produced than a single-price monopolist (Qp=MC), certain consumers will pay higher prices than they would have otherwise (Pm), while other consumers will pay lower prices.
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Store design is a component of theA) pricing mix.B) product mix.C) wholesale mix.D) organizational mix.E) retail mix.
Store design is a crucial component of the retail mix. The retail mix consists of all the elements that a retailer uses to communicate with customers and create value for them. It includes product assortment, pricing, promotion, and store design. Option E.
Store design involves creating an environment that is attractive, functional, and enhances the shopping experience for customers.
The layout and design of a store play a significant role in attracting customers and encouraging them to make a purchase. A well-designed store can create a positive impression on customers and make them more likely to return in the future. Store design also helps to communicate the brand's image and message to customers.
Store design elements include lighting, color, layout, signage, and displays. Lighting can be used to highlight products and create a welcoming atmosphere. Colors can be used to create a mood or convey a brand's personality. Layout is critical in ensuring that customers can easily navigate the store and find what they are looking for. Signage is used to guide customers and provide information about products. Displays are used to showcase products and attract customers' attention.
In conclusion, store design is a crucial component of the retail mix. It helps to create an attractive and functional environment that enhances the shopping experience for customers. A well-designed store can attract customers, communicate a brand's image, and encourage purchases. Option E.
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Question 22 Which of the following should negotiators follow during a negotiation process? A They should avoid the use of trade-offs and throwaways. B They should avoid discussing the past relationship between the companies. They should only make large concessions if matched by the other party. D They should always try to present their proposals first.
In a negotiation process, it is generally advisable for negotiators to maintain a balanced and strategic approach. The correct answer is C) They should only make large concessions if matched by the other party.
During a negotiation process, negotiators should follow the principle of reciprocity and make concessions in response to concessions made by the other party. This helps maintain a balanced and fair negotiation environment. Making large concessions without any reciprocation from the other party can put one side at a disadvantage and weaken their position. Negotiators should strive for a collaborative approach where concessions are made incrementally and in response to the other party's willingness to compromise.
Making large concessions without ensuring reciprocity from the other party can put one at a disadvantage. It is important to ensure that any significant concessions made are met with equivalent concessions or benefits from the other party. This helps to maintain fairness and avoid one-sided agreements.
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True or False. Explain your answer
Suppose that the government wants to stimulate investment but keep income constant. The
appropriate policy mix to achieve these goals would be to reduce the money supply and raise
government expenditures.
False.Suppose that the government wants to stimulate investment but keep income constant. The appropriate policy mix to achieve these goals would be to reduce the money supply and raise government expenditures.
Reducing the money supply would make it more difficult for investors to access credit and therefore would not stimulate investment. Instead, it would likely lead to a decrease in investment and economic activity.
Similarly, increasing government expenditures would likely increase aggregate demand and cause inflation, which would affect income levels.
Therefore, the appropriate policy mix to stimulate investment while keeping income constant would be to increase government spending on investment projects, such as infrastructure development, and implement policies that incentivize private investment, such as tax credits or investment subsidies. This would increase investment activity without affecting the money supply or causing inflation.
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Time Left:0:39:31
Question 3 (1 point)
Listen
Ayden Marie Lochner: Attempt 1
Amgen, the largest biotechnology company in the world, donates millions of dollars
annually to raise the value of science literacy in the community and attract bright
young minds into the field of science. Since Amgen, as an employer would benefit
from this philanthropy, it would be characterized as strategic giving.
True
False
Question 4 (1 point)
4) Listen
Amgen, the largest biotechnology company in the world, donates millions of dollars annually to raise the value of science literacy in the community and attract bright young minds into the field of science. Since Amgen, as an employer would benefit from this philanthropy, it would be characterized as strategic giving. This statement is True.
Biotechnology is the application of biology to problem-solving and product-making processes. The most popular method is genetic engineering, which enables researchers to change an organism's DNA as they see fit.
In order to apply organisms, cells, their components, and molecular counterparts to create goods and services, biotechnology integrates natural sciences and engineering sciences. Károly Ereky used the word "biotechnology" in 1919 to describe the utilization of living organisms in the creation of goods from raw materials.
The term "biotechnology" refers to a broad range of techniques used to alter living things for human benefit. These techniques date back to the domestication of animals and the cultivation of plants, as well as "improvements" made to them through breeding programs that use artificial selection and hybridization. Along with cell and tissue culture technology, modern applications now include genetic engineering.
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Economists use some familiar terms in specialized ways
a. to make the subject sound more complex than it is.
b. because every respectable field of study has its own language.
c. to provide a new and useful way of thinking about the world.
d. because it was too difficult to come up with new terms.
Economists use some familiar terms in specialized ways to provide a new and useful way of thinking about the world.
Do economists have a unique way of using common words?The fundamental reason for this is because when unfamiliar, sophisticated words are employed to explain a new concept, people often become confused rather than developing fresh insight. Due of this, economists apply common terminology in unique contexts.
What functions do economists play in efforts to understand or better the world?Economists take on the role of policymakers when attempting to change the world. Positive statements, on the other hand, describe the world as it is, whereas normative statements outline how the world should be. Positive claims can be supported or disproven by facts.
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when employees suggest changes in a positive way and make innovative suggestions for change, they are exhibiting:
when employees suggest changes in a positive way and make innovative suggestions for change, voice behavior is exhibited:
Voice conduct refers back to the behavior that proactively situations the status quo and makes constructive modifications. preceding studies have explored the antecedents of personnel' voice conduct, however to whom employees are probably to voice their thoughts has remained not often tested.
voice conduct is difficult and transformative in nature, therefore, voice conduct is regularly accompanied by struggle or hazard, which made employees more careful approximately voice. therefore, employees frequently select to “know but keep silent,” and generally tend to accurately guard themselves. The phenomena are in particular obvious in China’s enterprise, in which concord is valued and with higher electricity distance.
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You submit a bid of $125 per room for 60 rooms for two nights. The group's event planner says she will award you the bid
if you come down 12%. What is the new bid to secure the contract?
The new bid to secure the contract is:$13,200.
New bid to secure the contractFirst step is calculate the cost of rooms for two night
Cost=$125 per room×60 rooms×2 night
Cost=$15,000
Second step is to calculate the new bid
New bid=$15,000-(12%×$12,000)
New bid=$15,000-$1,800
New bid=$13,200
Inconclusion the new bid to secure the contract is:$13,200.
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true or false? an informal leader is one who is free to act?
when a company undertakes conscious marketing, what does it focus on? multiple select question. marketplace customers employees quick profits society superior distribution
When a company undertakes conscious marketing, it focuses on: Market place Customers Society Superior distribution.
Marketing is the process of creating, delivering, promoting, and managing products or services for customers, clients, and society as a whole. It involves a range of activities designed to meet the needs and wants of consumers, while also creating value for the company.Conscious marketing is a holistic approach to marketing that seeks to address the needs and wants of consumers, while also considering the long-term impact of marketing activities on society and the environment.
This approach is based on the idea that marketing should be done in a way that is sustainable, ethical, and socially responsible.Conscious marketing focuses on creating value for all stakeholders, including customers, employees, shareholders, and society as a whole. It seeks to balance the interests of these different groups, while also creating a sustainable business model that can deliver long-term profits and growth.In general, conscious marketing focuses on:Marketplace:
Understanding the needs and wants of customers, as well as the competitive landscape in which the company operates.Customers: Creating products and services that meet the needs and wants of customers, while also delivering value and building long-term relationships.Society: .Superior distribution: Ensuring that products and services are distributed efficiently and effectively, in order to meet customer needs and maximize value for the company.
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Which action would a government most likely take to reduce its
unemployment rate?
A. Use tax money to hire workers for government projects
B. Cut taxes on businesses that operate with very few workers
C. Increase taxes on businesses that operate outside the country
D. Cut off loans to businesses in order to reduce the money supply
SUBMIT
The unemployment rate is the unemployed divided by the sum of employed and unemployed, in order to reduce it the government can hire workers for a new project by using tax money.
What is the unemployment rate?It is the rate of unemployment calculated by the number of people unemployed to the total number of people employed and unemployed multiplied by 100.
In order to reduce it, the government can hire workers for a new project by using tax money
Therefore, option A can help in the reduction of the unemployment rate.
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(Maximizing Profit) The quantity demanded each month of the Walter Serkin recording of Beethoven’s Moonlight Sonata, manufactured by Phonola record Industries, is related to the price/compact disc. The equation
p=−0.00042x+6 (0≤x≤12,000)
where p denotes the unit price in dollars and x is the number of disc demanded, relates the demand to the price. The total monthly cost (in dollars) fort pressing and packaging x copies of this classical recording is given by
C(x) = 600 + 2x − 0.00002x2 (0 ≤ x ≤ 20, 000) To maximize its profits, how many copies should Phonola produce each month?
Phonola should produce approximately 50,010 copies each month to maximize its profits.
To maximize profits, Phonola should produce approximately 2,353 copies of the Walter Serkin recording of Beethoven's Moonlight Sonata each month.
To determine the optimal production quantity, we need to find the point where the marginal revenue (MR) equals the marginal cost (MC). Marginal revenue represents the additional revenue gained from producing one more unit, while marginal cost represents the additional cost incurred.
MR = dp/dx = -0.00042
MC = dC/dx = 2 - 0.00004x
To find the optimal production quantity, we set MR equal to MC:
-0.00042 = 2 - 0.00004x
Simplifying the equation, we get:
0.00004x = 2.00042
x ≈ 2.00042 / 0.00004
x ≈ 50,105
Since the demand equation limits x to be between 0 and 12,000, we can conclude that Phonola should produce approximately 2,353 copies each month to maximize profits within the given constraints.
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Which of the following represent features of continuing education? Check all of the boxes that apply.
not necessary for those with an advanced degree (MD or PhD)
can include self-study such as reading
usually required to maintain a license
often available from professional organizations
only available from universities
Answer:
b,c,d
Explanation:
"Continuing education (CE) is an essential part of a health science or technology career and can include all kinds of education, including self-study. CE is usually required to maintain a professional license."
Answer:
b, c, d
Explanation:
edge2021
When Walt Disney acquired Marvel Entertainment in 2009, what type of concentration strategy were they most likely employing
When Walt Disney acquired Marvel Entertainment in 2009, they employed Product development concentration strategy.
What is Product development?Product development serves as the complete process of taking an idea from concept to delivery.
This strategy involves offering or enhancing an existing product.
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dont fownload the brianly app. they scammed my credit card for 2k dollars.
Answer:
dully noted
Explanation:
who was the 20th president
Answer:
Of what country? Philippines or US or what??
Answer:
Kuroo Here!
Explanation:
It was James A. Garfield
Hope This Helps!! (^ '--')
Choose the option that best matches the description given.
I handle the basic management of our employees and am the face you see in the media.
a)shareholder
b)officer
c)board of directors
Answer:
I think c. board of directors
OFFICERRRRRRRRRRRRRRR
when a company starts a new division and recruits people to do the work, which aspect of its internal environment is it most directly changing? owners culture physical environment employees
When a company starts a new division and recruits people to do the work, it is most directly changing its employees, which is an aspect of its internal environment.
The internal environment of a company refers to the factors and conditions that exist within the organization and directly influence its operations and performance. It encompasses various elements, including the company's culture, physical environment, employees, and more.
However, when a company starts a new division and hires individuals to work in that division, the most immediate and direct change occurs in the employees aspect of the internal environment. The addition of new employees brings in fresh talent, skills, and perspectives into the company. It affects the composition of the workforce, leading to changes in the dynamics, teamwork, and overall capabilities of the organization.
The new division and the recruitment process can also have indirect effects on other aspects of the internal environment. For example, it may impact the company's culture as the new division's employees contribute their own values, work styles, and attitudes. Additionally, the physical environment may be altered to accommodate the needs of the new division, such as providing office space, equipment, or resources specific to their work.
However, it is important to note that all aspects of the internal environment are interconnected, and changes in one aspect can have ripple effects on others. Therefore, while the immediate and direct change occurs in the employees aspect, the introduction of a new division and recruitment process can have broader implications on the overall internal environment of the company.
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PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
ABC Lumber Company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probability of a $1,800 value, 20% probability of a $2,100 value, and 25% probability of a $2,700 value. What is the expected value of the investment after five years?
A. $2,085
B. $2,000
C. $1,950
D. $1,545
Answer:
C
Explanation:
Answer:
1,950
Explanation:
which of the following is not true of the local planning commission in florida? the members serve in a voluntary capacity. the commission serves as an advisory body to elected officials. the members are mostly residential planning professionals. the commission is responsible for planning.
Out of the four given statements, the one that is not true of the local planning commission in Florida is that the members are mostly residential planning professionals. While the commission may have some members who are experts in residential planning, it also includes members with a diverse range of backgrounds and expertise in areas such as transportation, environmental planning, and urban design.
The other statements are all true: the members serve in a voluntary capacity, the commission serves as an advisory body to elected officials, and the commission is responsible for planning. The commission plays an important role in guiding development and growth in local communities, and its decisions can have a significant impact on the lives of residents.
Regarding the local planning commission in Florida, the statement that is not true is: "The members are mostly residential planning professionals." The local planning commission consists of members who serve in a voluntary capacity; it serves as an advisory body to elected officials; and the commission is responsible for planning.
However, the members come from diverse backgrounds and are not predominantly residential planning professionals. They may include professionals from various fields or citizens with a vested interest in their community's development.
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Natalia has just finished her law degree, but as she starts her job search, she realizes that there many lawyers practicing in her area. What might that mean for Natalia
She will therefore need to put in more effort to become the top attorney in the region or relocate to a region with fewer attorneys might that mean for Natalia.
Why are lawyers called attorneys?Lawyers are those who have completed legal education, frequently after passing the bar exam. The word "attorney" has French roots and comes from a verb that means to represent someone else. Attorney is a shortened version of the official title "attorney at law."
Lawyers frequently haven't finished their exams, whereas attorneys typically have already taken and passed the bar test. Lawyers who take and pass their bar exams are entitled to use the title "esquire" when referring to the scope of their legal activity.
A person who offers legal advice is referred to as a "lawyer" in general. There are many distinct types of qualified lawyers in the legal field. It's well knowledge that the terms "solicitor"
Thus, She will therefore need to put in more effort to become the top attorney.
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explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
The career choice you make in high school
A can be changed
B must be pursued after high school
C should be chosen based on desired salary
D should not be taken too seriously
Answer:
D
Explanation:
should not be taken too seriously
Phil Willcot thought about his meeting with the MD team of
directors on his train back to the big city. MD is a prospective
entrant into the e-sourcing space, looking to acquire market share
from the
Phil Willcot thought about his meeting with the MD team of directors on his train back to the big city
MD is a prospective entrant into the e-sourcing space, looking to acquire market share from the existing players by offering better services at a lower cost.
E-sourcing is an electronic procurement process which is also known as supplier exchange. It is an automated process that eliminates human errors, reduces costs and increases efficiency. It also increases visibility into the procurement process, making it easier to track progress and performance of suppliers.
Market share is the percentage of sales or revenue that a company has in a particular market
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Scenario 13-18
Farmer Jack is a watermelon farmer. If Jack plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he gets 30 watermelons. If he plants 2 bags of seeds, he gets 50 watermelons. If he plants 3 bags of seeds he gets 60 watermelons. A bag of seeds costs $100, and the costs of seeds are his only costs.
Refer to Scenario 13-18. What is the shape of Farmer Jack's marginal cost curve?
a. constant
b. upward sloping
c. downward sloping
d. U-shaped
The shape of Farmer Jack's marginal cost curve would be upward-sloping.
Option b is correct
To determine the shape of Farmer Jack's marginal cost curve, we need to analyze the relationship between the quantity of bags of seeds planted and the resulting number of watermelons. From the given information, we can observe the following:
When Jack plants 1 bag of seeds, he gets 30 watermelons.
When he plants 2 bags of seeds, he gets 50 watermelons.
When he plants 3 bags of seeds, he gets 60 watermelons.
Based on these data points, we can see that as Jack increases the number of bags of seeds planted, the increase in the number of watermelons obtained becomes smaller. In other words, the marginal increase in watermelons decreases as more seeds are planted.
This pattern indicates that Farmer Jack's marginal cost curve is likely to exhibit a diminishing marginal returns pattern. Initially, as Jack plants more seeds, the marginal cost of obtaining additional watermelons is relatively low (as seen in the jump from 1 bag to 2 bags resulting in a substantial increase in watermelons). However, as Jack continues to increase the number of bags of seeds planted, the marginal cost of obtaining additional watermelons starts to rise at a diminishing rate.
Therefore, the shape of Farmer Jack's marginal cost curve would be upward sloping.
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according to the proponents of evidence-based management (ebm), what does it mean to treat your organization as an unfinished prototype?
Evidence-Based Management (EBM) is an approach to decision-making which takes into account both quantitative and qualitative data to develop strategies and inform decisions. The concept of treating an organization as an unfinished prototype is based on the idea of using data and testing to improve and evolve. This approach encourages organizations to remain agile and open to experimentation in order to discover the most effective ways of working.
According to EBM proponents, treating an organization as an unfinished prototype means looking for opportunities to test and experiment with different strategies, processes, and policies to see which ones are the most effective. This is done with the understanding that the organization will never be “finished” and is always a work in progress. By constantly testing and iterating, an organization can better understand the most effective and efficient ways of working, enabling it to become more successful in the long run.
EBM advocates suggest that organizations should design and experiment on small scale, running tests with limited data in order to understand what works best. This approach is often referred to as ‘agile development’ and allows for rapid prototyping and learning from the results. By testing hypotheses in this manner, organizations can quickly determine the best strategies for meeting their objectives and the best ways of working for their teams. The process of testing and iterating can be used to constantly improve existing processes and create new ones.
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For every C or lower you earn on your report card, your parents make you give up one of your fun nights out per week. This is an example of
a.) neither a positive nor a negative incentive
b.) a negative incentive
c.) a positive incentive
d.) both a positive and a negative incentive
Answer:
B.) a negative incentive
Explanation:
A negative incentive is penalties that discourage a certain type of behavior. Therefore, if you earn C's or anything below that, your parents will force you to give up one of your fun nights out each week.
If parents make you give up one of your fun nights out per week for every C or below on your report card. This is an illustration of negative incentive.
What is negative incentive?Negative incentive measures, often known as disincentives, are methods that are used to prevent actions that affect biodiversity. User fees and pollution levies are examples of disincentives.
A negative incentive is penalties that discourage a certain type of behavior. Therefore, if you earn C's or anything below that, the parents will force giving up one of your fun nights out each week.
Therefore, option b is correct.
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