The correct answer is d. The fourth unit should not be produced because the total cost of producing it ($20) is more than the total willingness to pay for it ($20). Thus, it is not economically viable to produce the fourth unit.
When we talk about the marginal cost, we're talking about the rise in production costs brought on by the creation of more product units. The marginal cost of manufacturing is another name for it. Businesses may evaluate how cost and, ultimately, earnings are influenced by volume output by calculating the marginal cost.
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according to the small business administration, one of the most common reasons for starting a business is to g
You'll be pursuing your passions.
You can work for social justice or donate money to charities.
You can become financially independent.
Your schedule and way of life are both under your control.
Which of the following was the main reason for small business failure?The most frequent causes of small business failure include a lack of money or finance, the retention of a management team that is insufficient, a flawed infrastructure or business strategy, and ineffective marketing campaigns.
What kinds of small enterprises are most typical?single-person business. A sole proprietorship small business is held by a single person who is responsible for all business dealings, obligations, and legal proceedings.
Partnership in general.
Limited liability company (LLC) Limited partnership (LP) (LLC)
Non-profit.
both C and S corporations.
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When a manager chooses inappropriate goals but makes good use of resources to pursue these goals, this usually results in:
a) a product that customers want, but that is too expensive for them to buy.
b) a product that customers want at a quality and price that they can afford.
c) a low-quality product that customers do not want.
d) a product that customers do not want, but that is easily affordable.
b
The management of the company must choose a product that client wants at a quality and price that they can afford.
The profitability of a company may profit or suffer as a result of operation opinions. opinions should thus be innovated on the unpredictable realities of the market. The manager will have to decide whether to develop an affordable product that no body wants. Management should take consumer preferences into account while creating products. This will enable the company to produce products that satisfy consumerdemand.Any organisation needs directors to negotiate its objects. They serve as the foundation of any business and are responsible for making sure everything works duly. An association's performance is dependent on performance of the management.
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when the practice rounds are over the simulation will be reset so that real competition can begin among competitors. each student will begin managing a company with group of answer choices 2 products 1 product 3 products no products 4 products
When the practice rounds are over the simulation will be reset so that real competition can begin among the teams will take the reins of $100 million company with 5 products .
Option D is correct.
What is the simulation theory?All of our existence is a simulated reality, such as a computer simulation, according to the simulation hypothesis. The simulation hypothesis is very similar to other skeptical scenarios that have been presented throughout the history of philosophy. Nick Bostrom is credited with popularizing the hypothesis in its current form.
What exactly is simulation in practice?The imitation of the operation of a real-world process or system over time is known as a simulation. Models are required for simulations; The simulation depicts the model's evolution over time, while the model represents the selected system or process's key characteristics or behaviors.
Incomplete question :
When the practice rounds are over the simulation will be reset so that real competition can begin among the teams each management team will take the reins of...
a) A $40 million company with 5 products
b) A $80 million company with 4 products
c) A $100 million company with 4 products
d) A $100 million company with 5 products
e) A $140 million company with 5 products
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eun-jung gwan bought a rental property for $175,000, plus $800 in legal fees, $300 in title search fees, $250 in mortgage application fees, and $4,200 in other closing cost. what is her basis in the property?
If eun-jung gwan bought a rental property for $175,000, plus $800 in legal fees, $300 in title search fees, $250 in mortgage application fees, and $4,200 in other closing cost. Her basis in the property is:
How to find the basis in the property?Using this formula to determine the basis in the property
Basis in the property = Rental property + Legal fees + Title search fees + Closing cost
Let plug in the formula
Basis in the property = $175,000 + $800 + $300 + $250 + $4,200
Basis in the property = $180,550
Therefore the basis in the property is the amount of $180,550.
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The demand for coffee is given by the following equation, where QD stands for the quantity demanded and P stands for price.
QD=100-4P
The supply of coffee is given by the following equation, where QS stands for the quantity supplied and P stands for price.
QS=10+2P
a. What is the slope of demand?
Slope =
b. At what price is quantity demanded equal to zero (this is, graphically, the vertical intercept of Demand)?
P =
c. What is the slope of supply?
Slope =
d. At what price is quantity supplied equal to zero (this is, graphically, the vertical intercept of Supply)?
a) Slope of demand curve = -4
b) Price = 25
c) Slope of demand curve = 2
d) Price = -5
a. What is the slope of demand?
Slope = -4
b. At what price is quantity demanded equal to zero (this is, graphically, the vertical intercept of Demand)?
P = 25
c. What is the slope of supply?
Slope = 2
d. At what price is quantity supplied equal to zero (this is, graphically, the vertical intercept of Supply)?
P = -5
To find the slope of the demand curve, you can use the coefficient of P in the demand equation, which is -4. To find the vertical intercept of the demand curve, you can substitute P=0 into the demand equation and solve for QD. In this case, QD=100-4P = 100-40 = 100, so the vertical intercept of the demand curve is P=25.
To find the slope of the supply curve, you can use the coefficient of P in the supply equation, which is 2. To find the vertical intercept of the supply curve, you can substitute P=0 into the supply equation and solve for QS. In this case, QS=10+2P = 10+20 = 10, so the vertical intercept of the supply curve is P=-5
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from the starting point of the production possibilities frontier (ppf0), which production possibilities frontier is more likely in the following decade if a country produces at point b rather than point a?
The production possibilities frontier in the following decade is more likely to be PPF1 if the country produces at point B rather than point A.
When resources are limited, the production potential frontier is a graph that depicts the various production possibilities of two goods. Output of one commodity can only be expanded by sacrificing production of another. It is also known as the product transformation curve or the production possibility curve. The production potential frontier is a graphic depiction of the optimal production balance between two commodities given limiting resources. It shows enterprises and national economies the optimal production levels of two distinct capital products competing for the same production resources, as well as the opportunity cost of either choice. The movement of the production possibility frontier over time reflects whether a corporation or economy is growing or contracting. The production potential frontier is based on the assumption that production is running at maximum productive efficiency.
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Use your knowledge of strategy and control to answer the questions, When managers assess attainment of goals. they understand that the organization relies on multiple areas, and one area is inhibiting the Which type of control is focused on ensuring that there is alignment among the organization's structure, leadership, human resources, operation, and movement toward its strategic goals? Strategic control Functional control Decentralized control O Divisional control
Strategic Control
Strategic control generally focuses on five aspects of organizations. The five aspects are structure, leadership, technology, human resources, and information and operational control systems. No other form of control is comprehensive in this way.
What do you mean by strategic control?Image result for Use your knowledge of strategy and control to answer the questions, When managers assess attainment of goals. they understand that the organization relies on multiple areas, and one area is inhibiting the Which type of control is focused on ensuring that there is alignment among the organization's structure, leadership, human resources, operation, and movement toward its strategic goals?
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A capital budgeting technique that generates decision rules and associated metrics for choosing projects based upon the implicit expected geometric average of a project's rate of return.A. discounted payback
B. net present value
C. internal rate of return
D. profitability index
A capital budgeting technique that generates decision rules and associated metrics for choosing projects is internal rate of return .
Option C is correct.
Internal rate of return :A metric used in financial analysis to estimate the profitability of potential investments is the internal rate of return (IRR). In a discounted cash flow analysis, the IRR is a discount rate that sets the net present value of all cash flows at zero. The NPV and IRR calculations use the same formula. An approach for determining an investment's rate of return is the internal rate of return. The absence of external factors, such as the risk-free rate, inflation, the cost of capital, or financial risk, from the calculation is referred to as internal.
Associated Metrics :The connection between two or more things is referred to as associated. It is frequently used to talk about the connection between two or more things, like people, things, places, or ideas. For instance, if two people collaborate on a project or have a close relationship, one could say that they are associated. Similarly, if two items are frequently used together, like a hammer and a nail, they may be associated.
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the monthly profit of Company I can be modeled by a continuous random variable with density function f. Company II has a monthly profit that is twice that of Company I. Determine the probability density function of the monthly profit of Company II.
All corporate benefit is the cash left over after a club pays its costs. All of the cash piled by a block during the detailing time frame from regimes given or deals of an item is viewed as top-line income.
An organization's benefit and shortfall (P&L) proclamation shows the organization's income, expenses, costs, and net benefit for a specific period. The P&L proclamation can be tracked down on an organization's site and is one of the fiscal summaries that public organizations are expected to issue by regulation to investors. 1.
In its most straightforward structure, the benefit condition is Benefit = Income - Cost. Income addresses generally certain income procured by a business, while costs incorporate both variable expenses and fixed costs. The benefit is the sum of the remaining parts in the wake of calculating capital all through the business.
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Suppose there are two consumers, Robinson Crusoe and Friday. Both Robinson and Friday have planted coconuts and are waiting to harvest them. If it rains, then the harvest will be bad as coconuts require a lot of sunlight. But, if it is sunny, then the harvest will be very good. Robinson lives on the rocky side of the island and his endowment is : (wa, w 6 ) = (6,w). Friday, on the other hand, lives on the beautiful tropical side of the island and his endowment is: ( Ww6") = (8,4). The probability that it is sunny on the Island is equal to ]. Both Robinson's and Friday's state sub utility functions are given by: log (c) 5. Decentralize the planner's problem if (f = OR and we = 10. 6. In no more that 15 lines, explain clearly how markets allow Robinson and Friday to share risk. Are they able to share all the risk in the economy?
Markets allow Robinson and Friday to share risk by allowing them to trade with each other, however they will not be able to share all the risk in the economy.
In this scenario, Robinson and Friday are facing a risk due to uncertain weather conditions that can affect their coconut harvests. They can share this risk by participating in a market for coconuts. Robinson, with his endowment of (6, w) and Friday, with his endowment of (8, 4) can trade their coconuts with each other.
For example, if it rains and Robinson's harvest is bad, he will have a surplus of coconuts and a shortage of money. Friday, on the other hand, will have a surplus of money and a shortage of coconuts. Through trading, Robinson can sell his coconuts to Friday and receive money in exchange.
This will allow Robinson to consume more than he could have with his endowment alone, and Friday to consume more than he could have with his endowment alone. This way they can share the risk of a bad harvest and they both can be better off.
Markets allow Robinson and Friday to share risk by allowing them to trade with each other. They can trade coconuts for money, and money for coconuts. The market price will reflect the relative scarcity of each good, and this will guide the trade between the two of them. However, the markets will not allow them to share all the risk in the economy, for example, the risk of natural disaster or disease in the coconuts.
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straight-line depreciation is calculated by taking cost minus (salvage/market) value divided by useful life.
a. true
b. false
True: To calculate depreciation using the straight-line method, subtract the asset's purchase price from its salvage value (what you estimate it will be worth at the end of its useful life). The result is the amount that can be depreciated, also known as the depreciable basis. The asset's useful life, which is expressed in years, is deducted from this amount.
Straight line depreciation is a common type of depreciation that lowers the value of a fixed asset throughout the period of its useful life. Throughout the length of a fixed asset's useful life, it is used to reduce the carrying amount. The cost of an asset is diminished by the same amount during each accounting period when adopting straight line depreciation. Afterward, you can deduct significant assets on your company's balance sheet or tax income statement.
The asset's expected lifespan is the period of time during which you can use it. You might choose your own useful life for literary objectives. Useful lifetimes for tax depreciation are determined by the type of asset. You can get assistance from your accountant in figuring out an asset's useful life.Negative of salvage value: At the end of its useful life, the asset will be worth this. Typically, salvage value is an estimate. Especially if you want to use the asset for a long time, you can also choose zero as the salvage value of the asset.
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which of the following is one reason the statement of stockholders equity is prepared before the balance sheet?
The statement of owner's equity calculates ending equity that must be reported on the balance sheet, the Statement is created before the balance sheet.
The Statement of Owner's Equity, which must include the company's net income or net loss for the year ended, should be prepared following the Income Statement.
Private businesses may choose to only produce three financial statements, while those mandated to adhere to GAAP are obligated to produce all necessary financial statements. The cash flow statement, income statement, and balance sheet are the three financial statements that almost all businesses of all sizes prepare.
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Harrison hires an agent to look for a 3 bedroom house in atlanta. Elaine the agent finds a 3 bedroom house in garrisons budget but buys it herself without informing harrison. this is an instance of the agents _
Harrison hires an agent to look for a 3 bedroom house in atlanta. Elaine the agent finds a 3 bedroom house in garrisons budget but buys it herself without informing Harrison. This is an instance of the agents unsurping an opportunity.
What actually does the word "agent" mean?A person who has been given the authority to act on behalf of another person or entity is referred to as an agent in the legal community. A customer may hire an agent to act on their behalf in discussions and other interactions with third parties.
How does an agent help?Using a commercial agency to sell your goods has several advantages, including: Less expensive overhead because you won't be paying for the sales agents' salaries, cars, or offices. Agents are simpler to discover and hire than seasoned, knowledgeable sales professionals.
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A department store mails a customer satisfaction survey to people who make credit card purchases at the store. This month, 45,000 people made credit card purchases. Surveys are mailed to 1000 of these people, chosen at random, and 137 people return the survey form. Identify the population and the sample.
answer choices
P: 45,000 people who made credit card purchases.
S: 137 returned surveys.
P: 1,000 people that made credit card purchases who received a survey
S: 137 returned surveys.
P: 45,000 people who made credit card purchases.
S: 1,000 people that made credit card purchases who received a survey
P: All people who that have made credit card purchases.
S: 1,000 people that made credit card purchases who received a survey
P: 45,000 people who made credit card purchases. S: 137 returned surveys.
Step 1: Information is provided
An investigation into customer satisfaction among credit card users was conducted by a department store.
Step 2: concept
People chosen from the population at random with an equal chance of being the sample that is actually chosen make up a simple random sample (SRS) of a certain size.
Step 3: Clarification
A department store sends credit card users who made purchases a customer satisfaction survey. People made a purchase with a credit card in a single month. Surveys were delivered to a random selection of these people. A total of people responded to the survey. All respondents to this survey had used their credit cards to make purchases. People who responded to the survey were used as a sample in this study.
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29. are export specialists that offer a full menu of services to handle all aspects of exporting, similar to having an interal exporting department within your own fanm A Small business development centers (SBDCS) B) Centers for international business education and research (CIBERs) C) Export legal assistance networks (ELANs) D) Export management companies (EMCs)
The SBDC locates markets abroad for your exported goods, conducts market opportunity, segmentation, and industry analysis, and finds crucial product criteria for your exported goods to establish quality.
Small Company Development Centers offer guidance and instruction to small firms, as well as collaborating with the SBA to create and distribute informative tools to help new business ventures and business growth. Existing small firms and pre-venture entrepreneurs receive expert, top-notch, specialized business advice and technical assistance through SBDC programs. Small business development centers (SBDCs) offer problem-solving support to assist small businesses in gaining access to capital, developing and exchanging new technologies, and improving planning process, strategic planning, operational processes, financial planning, personnel department, marketing, export assistance, sales, and other areas necessary for small business growth and development, management improvement, increased productivity, and innovation.
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if average labor productivity increases, then the same number of employed workers will always produce:
The overall output will always increase if average labor productivity rises, regardless of the number of employed workers.
How would an economy be impacted by a rise in labor productivity?An economy may generate more goods and services for the same amount of labour when labor productivity is growing. Furthermore, a bigger amount of products and services can ultimately be consumed for a given amount of labour due to this additional production.
Can average labor productivity decline even as overall output increases?Productivity may fall even as output increases, as seen by trends in Industry . The amount produced and the number of hours worked both grew, but the latter climbed more rapidly than the former. as a result, labor productivity
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The legal authority to set accounting and reporting standards for companies whose securities are publicly traded lies with the
A "Securities and Exchange Commission (SEC)" has the legal authority to impose accounting and reporting standards for businesses whose securities are traded publicly.
Explain about the Securities and Exchange Commission?In an effort to encourage ethical business practices, the disclosure of critical market information, and the prevention of fraud, it Securities and Exchange Commission regulates securities exchanges, securities dealers and brokers financial planners, and mutual funds.
The SEC pursues two primary penalties in civil actions:
Orders known as injunctions that forbid further offenses. A person or business that disobeys an injunction could be fined or put in jail for contempt.Civil monetary fines and the return of illicit gains. In some circumstances, the SEC may indeed ask a judge to impose a ban or suspension on a person's ability to serve as an officer or director of a corporation.Thus, a (SEC) has the legal authority to impose accounting and reporting standards for businesses whose securities are traded publicly.
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TRUE/FALSE. When setting prices, the price floor is usually defined by ______ of producing and marketing the product. The average total costs.
a company that acts ethically, or in good faith, has a stronger position in litigation than a company that does not.
A company that acts ethically, or in good faith, has a stronger position in litigation than a company that does not. - True
A company's ability to establish a strong reputation and earn the trust of its stakeholders might boost its case in court by acting ethically or in good faith. Courts, regulators, and the general public are likely to have a more favourable opinion of a corporation that is seen as functioning morally and responsibly. Additionally, a business that actively strives to prevent and remedy wrongdoing may be able to show that it takes reasonable measures to do so, which can be used as a defence in court if it has a solid compliance program.
A corporation that practises ethics is also less likely to commit misbehavior in the first place, lowering the likelihood of being sued. Additionally, it can lessen the reputational harm that might come from wrongdoing, which can lessen the detrimental effect on the business's bottom line.
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Identify the dimension beyond just resonating with the audience that makes ads successful.their relevance to company strategy
One dimension beyond just resonating with the audience that makes ads successful is their relevance to the company's overall marketing and business strategy.
This means that the ad should not only resonate with the target audience but also align with the company's goals, objectives, and overall message. For example, if the company's strategy is to position itself as a premium brand, the ad should also reflect this by showcasing high-quality products or services, and targeting a more affluent audience. Advertisements that align with the company's strategy will be more effective in achieving the company's goals, such as increasing brand awareness, driving sales, or building customer loyalty.
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Employees at Know YourNetworks are required to log the time they spend on any billable project. Each time work is to begin on a project, employees must enter the project management database and enter the start time. When they are ready to stop and move on to another project, they must enter the end time and what was accomplished. Employees spend a significant portion of their day logging this information. Too much accountability Rewards for inefficiency Too much employee participation
Inappropriate focus
Employees spend a significant portion of their day logging this information this lead to too much employee participation.
Employment is a two-person partnership that oversees the supply of paid employment services. One of the parties, the employer, which can be a corporation, a charity, a cooperative, or any other type of organization, pays the other party, the employee, in accordance with the terms of the contract in exchange for executing the task allocated to them.
Employees labor for pay, which can be in the form of hourly wages, piece rates, or yearly earnings, depending on the nature of the job performed, industry circumstances, and the parties' negotiating strength.
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Mainstreet Collections based its business model on importing goods manufactured elsewhere and selling them wholesale to U.S.-based retailers. What advantages and disadvantages does Mainstreet Collections experience with this business model? Check all that apply.
a,High willingness to accept risk
b,Transportation expense to move product between markets
c,High degree of control over operations
d,Lower labor costs
e,Taxes and tariffs charged to move goods between markets
A) High willingness to accept risk .by leveraging the large global manufacturing base, Mainstreet Collections can access a larger market of potential customers.
What is Mainstreet ?
Mainstreet is a term used to describe a typical street in the center of a city or town, usually the main commercial area. It is typically lined with stores, restaurants, and other businesses. Mainstreet is often a place for people to meet and socialize, and it is also the main point of access for many other areas of the town or city.
Mainstreet also often serves as a tourist destination, as it is often filled with local attractions, such as monuments, sculptures, and other works of art.
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Which paragraphs of the One to Four Family Residential Contract can be filled out—even partially—given the below information from the transaction?
The buyer wants a Residential Service Policy and wants the seller to reimburse them for $375.
The sales price is $250,000, and the seller wants 10% down and will carry the note at 5% interest for 15 years. The principal and interest payments will be $1,779.29. Taxes on the property will be $7,400 with no exemptions, and insurance will run $1,725 a year. The seller wants to hold an escrow account for taxes and insurance. The seller wants to reserve the right to approve any future buyers wanting to assume the seller financing.
A)
Paragraphs 3 and 7
B)
Paragraphs 3 and 5
C)
Paragraphs 3, 7, 9, and 10
D)
Paragraphs 12 and 22
The paragraphs for Family Residential Contract that are to be filled in are Paragraphs 3, 7, 9 and 10
The following paragraphs of the One to Four Family Residential Contract can be filled out using the information provided. The third paragraph, which includes information on the sales price, down payment, and financing arrangements, including the interest rate and amortisation duration, is the first to be completed. The second paragraph is paragraph 7, which takes into account the purchaser's desire for a Residential Service Policy and their ability to submit a form for reimbursement of $375.
Furthermore, the seller in question wishes to hold an escrow account for taxes and insurance, as per the contract in use. -Paragraph 9 which informs on the escrow account for taxes and insurance might be filled out. Paragraph 10 of the agreement, which indicates the seller's reservation of the right to approve any future buyers wishing to take seller financing, may also be used in a similar manner.
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Based on this model, households earn income when firms purchase labor and capital in markets for factors of production. Suppose Cho earns $900 per week working as an analyst for A-Plus Accountants. She uses $9 to have breakfast at Dinah's Diner. Dinah's Diner pays Bob $250 per week to work as a short-order cook. Bob uses $275 to purchase tax services from A-Plus Accountants. Identity whether each of the following events in this scenario occurs in the market for factors of production or the market for goods and services. Event Market for Factors of Production Market for Goods and Services Bob earns $250 per week working for Dinah's Diner. Cho spends $9 to have breakfast. Cho earns $900 per week working for A-Plus Accountants. Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, Inputs, or outputs. Check all that apply. O Cho's la bor O The breakfast Cho receives O The $250 per week Bob earns working for Dinah's Diner True or False: The actual economy is more complicated than the simple one Illustrated in this circular-flow diagram. O True O False
In markets for the inputs to production, households sell, and businesses buy, as shown by the circular flow diagram.
What is illustrated for the markets in the circular flow diagram?The circular flow model depicts the interaction of two sets of economic decision-makers, namely families and enterprises, as well as two different kinds of economic markets, namely the market for resources and the market for goods and services.The circular flow model shows how money circulates in an infinite cycle between producers, families, and so on. In a market economy, money flows from producers to workers as wages and then back to producers when workers spend their earnings on goods and services.In markets for the inputs to production, households sell, and businesses buy, as shown by the circular flow diagram.To learn more about production refer to:
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of the seven major eras of operations management, the focus on __ led to the development of modern factories.
Of the seven major eras of operations management, the focus on Quality led to the development of modern factories.
Option B is correct.
Operational management :Operations management is the administration of business activities to achieve goals, achieve higher productivity, and maximize profitability. It is an area of management that is concerned with designing and controlling the process of production as well as redesigning business operations in the production of goods or services.
What is operations management purpose?The primary function of operations management is to plan, organize, and strategize the routine and daily operations. An organization's production goals and deadlines can be met with the help of an effective strategy.
Incomplete question :
of the seven major eras of operations management, the focus on __ led to the development of modern factories.
A.goods
B.quality
C.product
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1st attempt suppose that a group of die-hard sports fans are upset about the high price of tickets to many events. thanks to their lobbying efforts, a new law caps the maximum ticket price to any event at $60. assume that the price of tickets before the price ceiling is at equilibrium and that the equilibrium price is above the price ceiling of $60. the price ceiling will of tickets. as a result, people will attend events, because the number of seats in a venue is fixed and teams have no incentive under a price ceiling to restrict the number of tickets sold. because of the price ceiling, events for which demand is more will experience larger shortages.
The correct answer is: shortage; elasticity; equal number.
Let's say your price cap is set to $50. The market equilibrium price is above $50. This means that the price cap is binding.
Setting the price cap below the equilibrium price level will lead to ticket shortages.
There is an inverse relationship between the price and the quantity that has been demanded.
Therefore, the quantity demanded is high at a low price. On the one hand, the supply will be less. Because the quantity offered is positively correlated with the price.
At maximum price, the quantity demanded is greater than the quantity supplied.
This shortage is greater if demand is elastic. Elastic demand means that a decrease in price leads to a large increase in quantity demanded.
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Complete question:
A large group of fans are upset about the high price of tickets to many events. As a result of their lobbying efforts, a new law caps the maximum ticket price to any sporting event at $50. Assume there are a fixed amount of seats in the stadium, all seats are available to be sold, and the price of tickets before the ceiling was at an equilibrium point above $50. The price ceiling will create a ___________ of tickets, which will be greater if demand is more _______________, and _________ people will attend the events.
U.S. businesses and those of other countries are seeking to expand around the world for many reasons, including the passage of favourable trade agreements, growing numbers of middle-class consumers in emerging nations, and ___a. advances in transportation b. limited communication technologies c. growing domestic markets d. increasing sales growth in their home countries
a.) U.S. businesses and those of other countries are seeking to expand around the world for many reasons, including the passage of favourable trade agreements, growing numbers of middle-class consumers in emerging nations, and advances in transportation.
Trade policy has been greatly influenced by economists, who also offer a compelling case for free trade and the elimination of trade obstacles. Even though the goal of a trade agreement is to liberalize trade, domestic and international political realities have a significant impact on the actual provisions. The world has changed significantly since David Ricardo first proposed the law of comparative advantage, and economists have recently updated their theories to take into account trade in production factors like capital and labor, the expansion of supply chains that now account for a large portion of global trade, and the success of neomercantilist nations in achieving rapid growth.
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a buyer has prepared an offer to purchase a home. the buyer is concerned about the physical condition of the property and the condition of the surrounding neighborhood. in order to allow the buyer to believe that she has made an appropriate offer on the home, the offer should include
Once both parties have agreed in full to the terms of the offer, a contract is legally binding. Regarding supporting buyers and sellers in establishing purchase and sale.
What clause in a lease would describe the property's state at the time it is signed?The landlord specifies the condition of the property prior to leasing in the premises clause of the lease. Depending on whether the building or space has already been built, this may be seen as a condition of premises provision or a construction of premises provision.
What distinguishes an escrow closing from an in-person closing?The conclusion of the round table is a real occurrence. Here, the parties meet in person to exchange documents and make financial transactions. The
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purchasing a property and then quickly reselling it at a value that is artificially inflated by false appraisals is
Purchasing a property and then quickly reselling it at a value that is artificially inflated by false appraisals is called Illegal Property Flipping.
What is Illegal Property Flipping ?When a mortgage note is sold twice, it is to different investors. When a property is bought and immediately resold at an artificially increased price utilizing a falsely inflated assessment, this practice is known as illegal property flipping.
The practice of inflating a home's listed price based on renovations that were never made is an example of unlawful property flipping. In these circumstances, a seller would frequently use a property appraiser to overestimate the property's value.
Flips may show any of the following warning signs:
Ownership transfers twice or more in a short period of time while the property value increases noticeably.At least two closings take place virtually simultaneously.To learn more about Illegal Flipping refer to :
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Real estate is defined as land and its permanent improvements. Which of the following is an example of an improvement to the land?Water LinesPersonal PropertyFenceBuilding
The answer is option (c) waterline. Waterline is an example of improvement to the Land.
Water line help improves land by:
1) relocating water usage from other parts of the property to the property's main water lines.
2) reducing flooding on the property.
3) providing a reliable water supply.
4) reducing labor costs associated with main water replacement.
5) improving the appearance of the property.
6) reducing the cost of water.
7) providing a passive recreation option for the community.
8) reducing the environmental impact of water usage.
9) providing a more comfortable living environment.
10) Provide a more efficient use of water.
Question:
Real estate is defined as land and its permanent improvements. Which of the following is an example of an improvement to the land?
A. Fence
B. Building
C. water line
D. Personal property
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