What statement best describes a product modification changing the amount of management time spent overseeing production а) b) changing the colour of a laundry detergent c) lowering the price of textbooks dropping a product from the product line d)
Q: A farmer produces three types of crops A, B and C on his land. A covers 50% of the land, B 30 % and…
A: In this situation, a farmer produces three types of crops A, B and C on his land. A covers 50% of…
Q: 4. Suppose that Okun's law can be described by the following equation: Y-Y = -3(u – u*) Y Where u is…
A: Okun's Law is an empirically proven link between unemployment and a country's output losses. It…
Q: YOUR FATHER PLANS TO INVEST P500,000.00 IN AN AUTO WASHING MACHINE WITH THE FF DATA: WASHING…
A: Investment= P 500,000 Washing capacity = 12 cars per hour Working time= 8 hr per day, 6 days per…
Q: Title Value Gross Private Domestic Investment $3,134.201 billion Private Nonresidential Fixed…
A: "Inventory investment is the difference between gross private domestic investment and fixed private…
Q: QUESTION 5 When CPI is calculated, chicken breasts are given greater weight than pork chops if a the…
A: Inflation is the situation where the prices of goods and services in an economy increase over a…
Q: Derive a mixed strategy Nash equilibrium (MSNE). What is the proportion of Hawks and Doves? If the…
A: Nash equilibrium: It refers to the game in which different players interact. It helps in determining…
Q: describe some of the reasons for deviation in exchange power parit
A: Exchange power parity is a method through which changes in the currencies of different countries are…
Q: in 4 years. (a) If you expect to pay off the loan at $29000, what nominal annual interest rate,…
A: Nominal interest rate refers back to the interest rate earlier than taking inflation into account.…
Q: Compute the salvage value of an asset using DDBM if it has FC equal to P1500000 and with economic…
A: First cost FC =1,500,000 Economic life n =12 Depreciation method: Double decline balance method.…
Q: Two car producers, Firm A operates in Country A and Firm B operates in Country B, are considering…
A: We have two players with ecah player has same actions of produce and don't produce.
Q: 5. Compare the alternatives shown on costs using an interest rate of 15% per year. the basis of…
A: Capitalized cost refers to the cost that is assed to the cost for a fixed asset in a balance sheet…
Q: er profit. She asked a market researcher to help her in d that at her current production capacity,…
A: *Answer:
Q: Find the uniform annual amount that is equivalent to a uniform gradient series in which the first…
A: We have First year-end payment P1 =6800 Second year-end payment = 6550 Third year-end payment =6300…
Q: Question: Suppose that many big corporations decide not to issue bonds, since it is now too costly…
A: Buying and selling of bonds Firms sell and purchase bonds in the financial market. Bonds are the…
Q: A Machine costs ₱80,000 and an estimated life of 10 years with a salvage value of ₱5,000. What is…
A: A Machine costs ₱80,000 estimated life of 10 years salvage value of ₱5,000 i=9%
Q: Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school…
A: Equilibrium happens when the quantity supplied equals the quantity demanded at the same price.At a…
Q: the demand which is not affected by the price changes is called ? derived demand inelastic demand…
A: Demand curve shows an inverse relationship between price and quantity demanded. It slopes downward.
Q: Consider a product market with three consumers A, B and C with demand function PA = 6 – QA, PB = 6 –…
A: Marginal cost alludes to the increment or abatement in the cost of producing another unit or serving…
Q: Which of the following statements about the supply of reserves in the reserve market is true?
A: Reserve in economics is defined as the amount of money that is in hand, i.e. which can be used for…
Q: Elmer's utility function is U( x, y) = min{ x, y). If the price of x is $25 and the price of y is…
A: In economics, the utility function measures the welfare or delight of a customer as a characteristic…
Q: There are 100 sellers in the market for widgets: 40 people are willing to sell a widget at £10 or…
A: The supply curve is a realistic portrayal of the connection between's the expense of a good or…
Q: 16. As more and more of the factor of production is used The total product curve rises rapidly at…
A: The output generated by all employed workers is referred to as total product.
Q: Using the model of demand and supply for bonds, explain the low-interest rate phenomena in Japan.…
A:
Q: 6) Let A, a, and ß be positive constants. Show that the Cobb-Douglas production function Q = AK L is…
A: Given: Q = AKα Lβ
Q: Question 9 Which of the following is not true about Lindahl pricing? a. There is unanimous agreement…
A: 9. The Lindahl price is a fictitious figure. It's the amount of money a person would be prepared to…
Q: An economic model based in positive economics should be judged Select one: O A. by its ability to…
A: In an economy, a statement is said to be a positive statement when it gives direct meaning and based…
Q: A rice producing company faces the following demand function: Pd = 300 – 0.10Q. The firm’s…
A: Disclaimer :- as you posted multipart questions we are supposed to solve the first 3 questions only…
Q: If markets are efficient, is there anything to be gained by doing fundamental research? With which…
A: Fundamental research is also known as basic analysis of the given information to evaluate the…
Q: Hospital has the following treatment options to reduce the incidence of Ventilator-Associated…
A: Rational Individual refers to the person that chooses or takes decisions depending on the situation,…
Q: Which of the following equations does not represent a plausible production function? A) B) F(K,L) =…
A: Production function depicts the functional relationship between inputs (K and L) and output (Q) The…
Q: Lwando owns a delicatessen, namely Foodies Paradise. Lwando has determined that he needs R5 000 cash…
A: In this question we have to find the daily trips to the bank and leather costs of inflation.
Q: A golf club has determined that its local community has two broad groups of consumers: casual…
A: Since you have posted a question with multiple subparts, we will solve the first three sub-parts for…
Q: 4. The graph below shows the efficient contracts and the contract curve. a. Explain the relationship…
A: A contract curve is defined for an edgeworth box as the addition of all of the pareto efficient…
Q: COVID-19 Lockdown Price Freeze You have been appointed as the Marketing Manager of Makro, Massmart…
A: The covid-19 epidemic was an unexpected turn of events in world history.Such incidents occur only…
Q: Consider the model of the market for lemons from Chapter 22. Suppose that there are two types of…
A: The fraction of used cars of each type is 2:1 and buyers know this. A seller who has a good car…
Q: 1.) Production, Inputs, and Cost: Building Blocks for Supply Analysis The firm can generally…
A: The production function shows the relationship between inputs and output. It means the inputs are…
Q: USA Today noted that the destruction caused by three 2004 hurricanes, combined with the already high…
A: A demand curve is a graphic representation of the connection between the customer demand for a good…
Q: Hospital has the following treatment options to reduce the incidence of Ventilator-Associated…
A: Hospital has the following treatment options to reduce the incidence of Ventilator-Associated…
Q: From the standpoint of any given EU member country what are the potential advantages of adopting the…
A: Advantages The euro has several advantages, including facilitating trade, boosting investment, and…
Q: We know that lobbyists can influence campaigns, elections, and public policy. A good definition of…
A: Government decision: It refers to the actions taken by the government on the basis of various…
Q: Clearly explain the nature of the efficient markets hypothesis (EMH) and clearly distinguish…
A: (EMP) Efficient Market hypothesis According to the efficient market hypothesis, markets can not be…
Q: This means that source of revenue should be sufficient to address the demand of public expenditures.…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: Consider an economy with oumency in oiroulation of $100, checkable deposts of 200, and ecess eserves…
A: Money multiplier: m = [1 + (C/D)] / [(C/D) + RR + (ER/D)] Where m -> Money multiplier C/D ->…
Q: In your own words, what do each Republic Act below refer to? Describe simple ways on how you can…
A: Republic Act No. 8749, also called the Philippine Clean Air Act, is an exhaustive air quality…
Q: Employees have the right to free speech. However, there are limitations. Just grounds for dismissal…
A: Organizational constraints are work conditions that interfere with an employee's motivation or…
Q: a.) How much is the total profit? b.) Determine the expected rate of return (r) c.) Determine the…
A: The real interest rate adjusts the located marketplace interest rate for the outcomes of inflation.…
Q: In product development, give two factors in relation to economic considerations and explain its…
A: Economics is the branch of knowledge in which we study scarce resources and unlimited wants.…
Q: Norma buys and eats an apple everyday regardless of its price. Which of the following is true with…
A: Meaning of Microeconomics: The term microeconomics refers to that situation under which the…
Q: Disintermediation The cutting out of marketing channel intermediaries by product or service…
A: The process of removing the financial middleman from a transaction is known as disintermediation.It…
Q: 2. Only one of three different machines is to be purchased for a certain production process. An…
A: Answer is given below
Step by step
Solved in 2 steps
- Hi, I need help with B.2. please.Shoes 05 O 0.5 2 30 What is pButter/pShoes? 1/5 150 ButterREAD THEN ANSWER THE QUESTION : In January 2020, Starbucks raised their beverage prices by an average of1% across the U.S, a move that represented the company’s firstsignificant price increase in 18 months. I failed to notice because the pricechange didn’t affect grande or venti (medium and large) brewed coffeesand I don’t mess with smaller sizes, but anyone who purchases tall size(small) brews saw as much as a 10 cent increase. The company’s thirdquarter revenue rose 25% to $417.8 million from $333.1 million a yearearlier, and green coffee prices have plummeted, so what gives?Starbucks claims the price increase is due to rising labor and non-coffeecommodity costs, but with the significantly lower coffee costs alreadyimproving their profit margins, it seems unlikely this justification is the truereason for the hike in prices. In addition, the price hike was applied to lessthan a third of their beverages and only targets certain regions. Implementingsuch a specific and minor price…