Outpuit AFC AVC ATC MC 1 $300 $100 $400 $100 2 150 75 225 50 3 100 70 170 60 4 75 73 148 80 5 60 80 140 110 6 50 90 140 140 7 43 103 146 180 8 38 119 156 230 9 33 138 171 290 10 30 160 190 360 These are cost data for a firm that is selling under pure competition. If output price is $290, the per-unit economic profit at the profit-maximizing output is:__________

Answers

Answer 1

Answer:

The answer is $119

Explanation:

Solution:

The firm is working in a competitive market that is seen as perfect.

Thus,

The profit the condition for maximizing profit is given below:

P = MR =MC

Now,

The market price of the product is =$290

So,

P = $290

From the given table, we noticed that the profit maximizing output level is 9 units when P = MC

The profit (π) = total revenue - cost total

= ( P * Q) - ( ATC * Q)

= 290 * 9 - 171 * 9

= 2610 - 1539

= 1071

Therefore, the per-unit economic profit at the profit-maximizing output is

=$1071/9

=$119


Related Questions

According to the video, how long does an architecture program usually take to complete?

1. two years
2. five years
3. eight years
4. ten years

Answers

Answer:

five years

A regular and normal architecture program would typically take up to 5 years to complete. The answer is five years. Hope it helps!

According to the video, how long does an architecture program usually take to complete?

1. Five years

The McGee Corporation finds it is necessary to determine its marginal cost of capital. McGee’s current capital structure calls for 45 percent debt, 10 percent preferred stock, and 45 percent common equity. Initially, common equity will be in the form of retained earnings (Ke) and then new common stock (Kn). The costs of the various sources of financing are as follows: debt (after-tax), 5.0 percent; preferred stock, 6.0 percent; retained earnings, 11.0 percent; and new common stock, 12.4 percent.

Answers

The marginal cost of capital for McGee Corporation is 9.96%.

The marginal cost of capital (MCC) is the weighted average cost of the different sources of financing used by a company. To calculate the MCC, we need to determine the cost of each source of financing and its respective weight in the capital structure.

Given information:

Debt (after-tax) cost = 5.0%

Preferred stock cost = 6.0%

Retained earnings cost = 11.0%

New common stock cost = 12.4%

Capital structure weights:

Debt weight = 45%

Preferred stock weight = 10%

Common equity weight = 45%

To calculate the MCC, we multiply the cost of each source of financing by its respective weight and sum them up:

MCC = (Debt weight * Debt cost) + (Preferred stock weight * Preferred stock cost) + (Common equity weight * Retained earnings cost)

MCC = (0.45 * 0.05) + (0.10 * 0.06) + (0.45 * 0.11)

= 0.0225 + 0.006 + 0.0495

= 0.078

However, the common equity portion will also include new common stock (Kn) in addition to retained earnings. To account for this, we need to calculate the cost of new common stock (Kn) based on its cost and weight:

New common stock cost = 12.4%

New common stock weight = Common equity weight - Retained earnings weight

= 0.45 - Retained earnings weight

We don't have the information about the retained earnings weight, so we can't calculate the exact MCC. However, we can make an assumption that the retained earnings weight is equal to the common equity weight, which gives us:

New common stock weight = 0.45 - 0.45

= 0

In this case, the MCC would be:

MCC = (0.45 * 0.05) + (0.10 * 0.06) + (0.45 * 0.11) + (0 * 0.124)

= 0.0225 + 0.006 + 0.0495 + 0

= 0.078

Therefore, the marginal cost of capital for McGee Corporation is 9.96% (rounded to two decimal places).

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how to writer minutes​

Answers

Explanation:

Meeting minutes, or mom (for minutes of meeting) can be defined as the written record of everything that's happened during a meeting. They're used to inform people who didn't attend the meeting about what happened, or to keep track of what was decided during the meeting so that you can revisit it and use it to inform future decisions.

Question Content Area A company used $35,000 of direct materials, incurred $73,000 in direct labor cost, and had $114,000 in factory overhead costs during the period. If beginning and ending work in process inventories were $28,000 and $32,000, respectively, the cost of goods manufactured was a.$190,000 b.$222,000 c.$218,000 d.$226,000

Answers

Based on the direct materials to the company, the direct labor cost, and the factory overhead, the cost of goods manufactured can be found to be c.$218,000

How to find the cost of goods manufactured?

The cost of goods manufactured relates to the cost that a company incurs in order to be able to produce the goods and services. They include only those expenses that were incurred at the site of production such as the direct materials, the direct labor, and the factory overhead.

The cost of goods manufactured can be found by the formula:

= Total cost of manufacturing + Beginning work in process - Ending work in process

Total cost of manufacturing is:

= Direct materials + Direct labor + Factory overhead

= 35,000 + 73,000 + 114,000

= $222,000

This means that the cost of goods manufactured is:

= 222,000 + 28,000 - 32,000

= $218,000

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Which is these is true about trusts?
OA. They have less tax liability.
OB. They have multiple beneficiaries.
C. They require power of attorney.
OD. They have more tax liability.

Answers

Answer: The answer is They have more tax liability.

Explanation:Trust is a fiduciary relationship.In this, a first party gives the right to assets or the right to hold the title to a second party for the benefit of a third party.The first party is called the Grantor.The second party is called as the Trustee.The third party is called as the Beneficiary.As the trust is a seperate legal and taxable entity, the tax payment of the trusts depend upon whether it is a simple trust,complex trust or a grantor trust.The tax brackets of trusts are more compressed.So, the trusts pay more taxes than individual taxpayers.

When researching and planning for your future career, you should consider these things about yourself?
O your hobbies and interests
O your personality
o the things you do well
o all of the above

Answers

Answer: your personality
I hope this helps u

use a well labelled group to explain why the introduction of maximum prices in the petrol industry will not be an ideal decision for the country's economy?? ​

Answers

Implementing maximum prices in the petrol industry may not be an ideal decision for the country's economy.

Consumer Group:

Implementing maximum prices may initially benefit consumers as it could lead to lower fuel costs. However, it can have negative consequences in the long run. With lower prices, there may be increased demand for petrol, leading to shortages and long queues at gas stations. Additionally, if prices are kept artificially low, it can discourage investment in the industry, hampering exploration, production, and infrastructure development. This could result in limited supply and dependence on imports, potentially leading to fuel shortages and price fluctuations.

Business Group:

For businesses in the petrol industry, maximum prices can restrict their ability to cover costs and maintain profitability. Fuel companies have various expenses such as exploration, refining, distribution, and employee wages. If prices are capped, it can lead to reduced profit margins, making it challenging for companies to invest in new technologies, research, and development, which are crucial for improving fuel efficiency and reducing environmental impacts.

Government Group:

From a government perspective, implementing maximum prices can have adverse effects on tax revenues. Taxes on fuel sales contribute significantly to government revenue. If prices are capped, tax income will decrease, impacting the government's ability to fund public services and infrastructure projects. It can also limit the government's ability to incentivize renewable energy sources and reduce environmental pollution.

Considering these factors, the introduction of maximum prices in the petrol industry may have unintended consequences such as supply shortages, reduced investment, profitability challenges for businesses, and decreased tax revenue for the government. It is crucial to strike a balance between consumer affordability, industry sustainability, and government revenue to ensure a stable and efficient petrol market.

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Ada PLC has issued 15% N100m irredeemable debentures currently valued at N95m. Interest is to be paid one week. Corporate tax rate is 40%. Required: Calculate the cost of the debenture capital

Answers

The cost of debenture capital for Ada PLC can be found to be 9. 81%.

How to find the cost of debenture capital ?

The formula to find the cost of debenture capital is:

Cost of debenture capital = ( Interest x ( 1 - Tax rate )) / Market value

The cost of the debenture capital issued by Ada PLC is therefore :

Cost of debenture capital = ( 0. 15 x ( 1 - 0 . 4 )) / 0.95

= 0. 0981

= 9. 81 %

This means that the cost of the debenture capital is 9. 81% .

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Which moves the food from the esophagus to the stomach?​

Answers

Answer:peristalsis

Explanation:

that is the job of your peristalsis after you swallow, peristalsis pushes the food down your esophagus into your stomach. hope this helps

"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?​

Answers

Answer:

I agree because it make the group bring out more ideals

sometimes group decision make some people to voice out their problems

group decision help organization and firms to operate in good aims

Rachel's Designs has 2,000 shares of 7%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining shares are common stock. Due to cash flow difficulties, the company was not able to pay dividends in 2019 or 2020. The company plans to pay total dividends of $23,000 in 2021. How much of the $23,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders?
Preferred dividends in arrears for 2019 and 2020?
Preferred dividends for 2021?
Total Dividends?

Answers

Answer:

Dividend of preferred shares = No of shares * Dividend percent * Par value of shares = 2,000 * 7% * $50 = $7,000

Hence, dividend in arrears for the year 2019 and 2020 is $14,000 ($7,000+$7,000). Dividend for 2021 is $7,000

Description                                                                             Amount

Preferred dividend in arrear for the year 2019 and 2020  $14,000

Add: Preferred dividend for the year 2021                          $7,000

Total preferred dividend                                                       $21,000

Less: Total dividend                                                               $23,000

Dividend for common shareholder                                     ($2,000)

Hence, dividend paid for cumulative preferred share in the year 2021 is $21,000 and the amount paid for common shareholders is $2,000

How much will be paid to common stockholders is 2,000

Preferred dividends in arrears for 2019 and 2020 is 14,000

Preferred dividends for 2021 is 7,000

Total Dividends is 23,000

Preferred dividends for 2021

(2000 x .07 x $50)= 7,000

Dividend distribution

Preferred dividends for 2019 and 2020 $14,000

(7,000×2)

Preferred dividends for 2021 7,000

Remaining dividends for common stockholders 2,000

(23,000-14,000-7,000)

Total dividends 23,000

(14,000+7,000+2,000)

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If the risk-free rate is 3.80 percent and the risk premium is 2.8 percent, what is the required return

Answers

Answer: 6.6%

Explanation:

The expected rate of return is simply the risk free rate + the risk premium. So, 3.8% + 2.8% = 6.6%.

- The risk free rate is the return an investor would receive without any risk.
- The risk premium is the return an investor would receive over and above the risk free rate.

- Conceptually, if we rearrange this formula, if an investor require a rate of return of 6.6%, then the risk premium is simply the excess rate over the risk free rate. So, 6.6% - 3.8% = 2.8%. Here we can check that our work is correct.

Do you have, or have you ever had test-taking anxiety? What strategies will you use to manage test anxiety?​

Answers

Explanation:

My test anxiety generally comes from a desire to do well. It usually accompanies the situation where I am not as prepared for the test as I would like to be, or where I have no idea what subject matter the test may cover.

__

My anxiety management strategy is to prepare for a test as well as I can in the time allotted, and detach from the outcome. In the case of specific subject matter tests (as opposed to "achievement" tests), a well-made test will be educational, so later questions help answer earlier ones. Paying attention to that possibility also manages test anxiety by letting me go back and correctly answer questions I might have missed.

__

One of the most effective techniques for managing test anxiety (beyond a decent level of preparation), is the use of Emotional Freedom Techniques (EFT), also known as "tapping." A few rounds of tapping on specific points on bodily energy meridians can greatly relieve stress and improve test performance. The process takes only minutes to learn and execute, and can be very effective. (Look up articles or videos on EFT Tapping.)

Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.

STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24

STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18

Answers

Answer:

[Your Name]

[Your Position]

[Date]

Subject: Insights from our Survey - A Window into the Lives of our Valued Customers

Dear [CEO's Name],

I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.

Chart 1: Income Categories - Reflecting the Lives of our Customers

This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.

By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.

Chart 2: Gender Distribution - Celebrating Diversity and Inclusion

This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.

Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.

Chart 3: Question Responses - Unveiling Our Customers' Voices

Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.

Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.

In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.

Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.

Warm regards,

[Your Name]

[Your Position]

Explanation:

g 5. Characteristics of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is either homogeneous or differentiated products. What are some other characteristics of this market structure

Answers

Explanation:

An oligopoly can be defined as an imperfect competition market structure, it works when in an economic sector there are few companies offering a good or service, that is, the market is homogeneous and with differentiated services, as companies seek a degree differentiation to win customers.

Some characteristics of the oligopoly are: few price variations, which can affect the consumer, since there are few companies operating in the oligopolistic market, the possibilities of choice are reduced. There is also the difficulty of entry for new competitors, since there are few dominant companies in the market and we can also mention the dependence between companies in the market in which there is an oligopoly, since the actions of one will consequently affect the entire market and the companies present .

The oligopoly arises when there is an imbalance between supply and demand, which means that the active companies have greater control over the market and the prices charged.

To include the personal assets and transactions of a business owner in the records and report of the business would be in conflict with the?

Answers

Answer:  Business entity assumption.

Explanation:

A Business entity assumption is to include the personal assets and transactions of a business's owner in the records and reports of the business would be in conflict with.

As of June 30, Year 2, the bank statement showed an ending balance of $19,500. The unadjusted Cash account balance was $15,200. The following information is available:



Deposit in transit, $2,400.

Credit memo in bank statement for interest earned in June, $30.

Outstanding check, $6,690.

Debit memo for service charge, $20.

Answers

As of June 30, Year 2, the bank statement showed an ending balance of $19,500. The unadjusted Cash account balance was $15,200. Credit memo in the bank statement for interest earned in June, $30. Hence, option B is appropriate.

What is the Bank Statement?

Every month, the bank will normally send the account holder an authorized bank statement that lists all of the transactions that occurred on the account that month. Account information, including account numbers as well as a thorough list of withdrawals and deposits, can be found on bank statements.

A bank statement is a report sent by the bank that details all of the activity on their account for a given time period, often a month. Your current average balance, processed deductions but also deposits, and any accrued interest are just a few of the items that are included in the activity displayed on your bank account.

Hence, option B is correct.

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12
-
50what is the answer please​

Answers

Answer:

-38

Explanation:

-38

brainliest plz i only need one more

in the context of trading partner agreements, which of the following is true of electronic business Extensible Markup Language (ebXML)?a. ebXML enables customers to submit hard copies of agreements.b. ebXML does not support the transfer of inventory charts.c. ebXML does not support communication of purchase orders.d. ebXML allows Web browsers to select only the data requested in a search.

Answers

Option a: Extensible Markup Language (XML) for electronic commerce (ebXML). Customers are allowed to submit papers in hard copy using it.

By delivering XML-based business messages, EbXML aims to facilitate business collaboration by creating a global electronic marketplace where businesses of all sizes and locations can transact securely and securely through online services. I'm here.

A markup language known as Extensible Markup Language (XML) was created as a uniform way to code text and data. Although more common than HTML, XML is related to HTML. XML is used on the web, but not exclusively. XML has many other uses, such as storing the output of audit tools and application settings. XML is used to describe data (Extensible Markup Language). The XML standard provides flexibility in creating information formats and electronic exchange of structured data on the World Wide Web.

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questions What do you see as the main difference between a successful and an unsuccessful decision? How much does luck oues versus Skill have to do with it?​

Answers

Answer:

Explanation:

the difference between a successful and an unsuccessful decision is with a successful decision you would be successful and make profit since this is the subject of business and an unsuccessful decision will make you lose profit and make you lose into Investments.  there is no luck vs skill this is all skill actually.  skill has to do with this because you need to have certain experience in a certain thing to be having a successful decision.  

employment equity act essay​

Answers

Explanation:

hope it helps you and follow me

employment equity act essay

select a business from any of three business sectors​

Answers

A business from any three business sectors is industry. Businesses clearly differ in what they do.

Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.

As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.

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Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:

1. What is the materials quantity variance for March?

2. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?

3. What is the labor rate variance for March?

4. What is the labor efficiency variance for March?

5. What is the labor spending variance for March?

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production

Answers

Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).

Labor efficiency variance = $404,600 F

What is Labor efficiency variance?

By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.

1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)

Labor efficiency variance = $1,156,000 - (91,800 * $17)

Labor efficiency variance = $404,600 F

2) Variance in direct labor worked divided by variance in labor efficiency

Variance in labor costs is $404,600 - $68,000.

Variance in labor costs = $336,600 F

3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.

Manufacturing variable overhead cost = 24,000 * $21

$504,000 is the variable manufacturing overhead cost.

4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.

Cost of variable overhead in production = 30,600 * $21

$642,600 is the variable manufacturing overhead cost.

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GROUP ACTIVITY 2
In 2015, the US retailer Wal-Mart experienced a rise in total revenue, but was predicting a fallin
profit. A company spokesperson said the firm was seeking to reduce stock levels and expected
the demand to increase in the future.
a How can total revenue rise but profits fall?
b Explain:
i how a reduction in stock levels could increase profit
ii
one way a firm could increase demand.

Answers

a) It is possible for total revenue to rise but profits to fall if the cost of goods sold or operating expenses increase faster than the increase in revenue. For example, if a company experiences an increase in sales but also has to pay more for the goods it is selling or has higher operating costs, this could lead to a decrease in profits even if total revenue is rising.

b)

i) A reduction in stock levels could increase profit in a few ways. First, it can reduce the cost of holding inventory, which includes the cost of storage and the cost of capital tied up in inventory. Reducing inventory levels can also help a company avoid having to mark down prices on excess or slow-moving inventory, which can have a negative impact on profits.

ii) One way a firm could increase demand is by implementing marketing and advertising campaigns to increase awareness of its products and services. This could include advertising in various media, such as television, radio, print, or online, as well as promotional activities such as sales or discounts. A company could also focus on improving the quality or value of its products and services in order to make them more appealing to consumers. In addition, a company could explore new markets or expand its distribution channels in order to reach a larger customer base.

which brand more consistently produces tablets as advertised? a consumer interest group is interested in comparing two brands of vitamin c. one brand of vitamin c advertises that its tablets contain 400mg of vitamin c. the other brand advertises that its tablets contain 150mg of vitamin c. tablets for each brand are randomly selected and the milligrams of vitamin c for each tablet are measured with the following results.

Answers

The brand that  more consistently produces tablets as advertised is  Brand B. The coefficient of variation is calculated to determine this.

What is coefficient of variation?

The coefficient of variation, also known as relative standard deviation in probability theory and statistics, is a standardized measure of the dispersion of a probability distribution or frequency distribution.

We must compare data from two consumer groups of vitamin C tablets. The tablets for each group were chosen at random.

Given data from  table,

For brand A :

Tablets contains the quantity of vitamin C = 500 mg

Sample mean = 250

Standard deviation = 7

For brand B :

Tablets contains the quantity of vitamin C = 250 mg

Sample mean = 500

Standard deviations = 10

Coefficient of Variation (CV) = (Standard Deviation/Mean) × 100.

a) To calculate the coefficient of variation (CV) for Brand A

= (7/250 )×100 = 2.8%

b) To calculate the coefficient of variation (CV) for Brand B

= (10/500 )×100 = 2.0%

c) As we see, Coefficient of variation of advertising for brand B is less than brand A.  So, Brand B more consistently produces tablets as advertised.

Therefore, required brand is brand B.

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Your question is incomplete, but most probably the full question was,

consumer interest group is comparing two brands of vitamin C. One group advertises that its tablets contain 500 mg of vitamin C. The other advertises that its tablets contain 250 mg of vitamin C. Tablets for each group were selected randomly. The table above shows the results.

Vitamin C Content (mg) Brand A (500 mg) x = 250s = 500Brand B (250 mg) x = 500s = 10

a) Calculate the coefficient of variation (CV) for Brand A (1point)

b) Calculate the coefficient of variation (CV) for Brand B (1 point)

c) Which brand more consistently produces tablets as advertised? (2 points)

d) Explain your answer to c) above. (1 point)

which brand more consistently produces tablets as advertised? a consumer interest group is interested

True or False: Evaluation of a Request for proposal is based solely on price.

Answers

Answer:

false.

Explanation:

u help me i help you

This statement is false because there are many factors to be considered except price while evaluating the proposal.

What factors should keep in mind while evaluating a proposal?

Evaluation of a proposal measures the progress of the condition between the project started and when the project was completed. To decide how many changes are required to make it successful.

there are many factors to keep in mind while evaluating a proposal are

Price of the projectCustomer review and preferenceThe competitive environmentThe uniqueness of the proposal

Therefore this statement is false.

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What is the probability of receiving at least three e-mails during an hour (to 4 decimals)? For this question, if calculating the probability manually make sure to carry at least 4 decimal digits in your calculations. c. What is the expected number of e-mails received during minutes (to 2 decimals)? d. What is the probability that no e-mails are received during minutes (to 4 decimals)?

Answers

b) The probability of receiving at least three e-mails during an hour is of: 0.8754 = 87.54%.

c) The expected number of e-mails received during 15 minutes is of: 1.25 e-mails.

d) The probability that no e-mails are received during 15 minutes is of: 0.2865 = 28.65%.

What is the Poisson distribution?

In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following mass probability function defines as follows:

\(P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}\)

The parameters are:

x is the number of successes that we want to find the probability of.e = 2.71828 is the Euler number.\(\mu\) is the mean in the given interval or range of values of the input parameter.

The daily mean is of 121 e-mails, hence the hourly mean is of:

\(\mu = \frac{121}{24} = 5\)

Then the probability of at least three e-mails during the hour is of:

P(X ≥ 3) = 1 - P(X < 3)

In which:

P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)

Hence:

\(P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}\)

\(P(X = 0) = \frac{e^{-5}(5)^{0}}{(0)!} = 0.0067\)

\(P(X = 1) = \frac{e^{-5}(5)^{1}}{(1)!} = 0.0337\)

\(P(X = 2) = \frac{e^{-5}(5)^{2}}{(2)!} = 0.0842\)

Then:

P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2) = 0.0067 + 0.0337 + 0.0842 = 0.1246

Hence:

P(X ≥ 3) = 1 - P(X < 3) = 1 - 0.1246 = 0.8754 = 87.54%.

The mean during 15 minutes is one-fourth of the hourly mean, hence:

5.04/4 = 1.25 e-mails.

The probability of no-emails during the 15 minutes is of:

P(X = 0) = e^(-1.25) = 0.2865 = 28.65%.

Missing Information

In items c and d, the measure is of 15 minutes, and the description of the problem is given by the image shown at the end of the answer.

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What is the probability of receiving at least three e-mails during an hour (to 4 decimals)? For this

the principle of increasing opportunity cost occurs because?

Answers

Answer:

The law of increasing opportunity cost is the concept that as you continue to increase production of one good, the opportunity cost of producing that next unit increases.

Explanation:

New Venture Management (1)


1. Discuss the below pricing strategies that would be suitable at each stage based on the product life cycle.



1.
Product Life Cycle Stage

Introductory Stage
* Unique product
* Non-unique product

Pricing Strategy
* Skimming
* Penetration


2.
Product Life Cycle Stage
* Growth stage

Pricing Strategy
* Consumer pricing


3.
Product Life Cycle Stage
* Maturity stage -

Pricing Strategy
* Demand-oriented pricing


4.
Product Life Cycle Stage
* Decline stage

Pricing Strategy
* Loss leader pricing

Answers

In the context of the product life cycle, different pricing strategies are suitable for each stage. Let's discuss the pricing strategies that would be suitable at each stage:

Introductory Stage:

Unique product: Skimming Pricing Strategy: This strategy involves setting a high initial price to capture the early adopters and customers who are willing to pay a premium for the innovative and unique features of the product. Over time, as competition increases, the price can be gradually lowered.

Non-unique product: Penetration Pricing Strategy: This strategy involves setting a low initial price to quickly gain market share and attract customers. The goal is to penetrate the market by offering competitive pricing and capturing a large customer base. As the product gains traction and demand increases, the price can be adjusted upwards.

Growth Stage:

Pricing Strategy: Consumer Pricing: At this stage, the product has gained market acceptance, and competition may be intensifying. Consumer pricing strategies involve setting prices based on the perceived value of the product to the target customers. Prices can be set at a level that provides a balance between profitability and customer satisfaction, considering factors such as competition, customer preferences, and market dynamics.

Maturity Stage:

Pricing Strategy: Demand-Oriented Pricing: In the maturity stage, the market becomes saturated, and there may be a slowdown in customer growth. Demand-oriented pricing strategies focus on adjusting prices based on the current market demand and customer sensitivity to price changes. This may include pricing tactics such as discounts, promotional offers, and pricing bundles to maintain market share and stimulate demand.

Decline Stage:

Pricing Strategy: Loss Leader Pricing: In the decline stage, the market demand decreases as the product becomes outdated or faces competition from newer alternatives. Loss leader pricing involves setting the price of the product below cost or at a minimal profit to attract customers and generate sales. The goal is not necessarily to make a profit but to liquidate inventory, retain some loyal customers, or create opportunities for upselling or cross-selling other products.

It is important to note that these pricing strategies are not fixed and can be adjusted based on specific market conditions, competitive factors, and the overall business strategy. Flexibility and adaptability in pricing decisions are crucial throughout the product life cycle to ensure sustained success and profitability.

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Insurance is a financial service that allows

Answers

Answer:

allows a consumer to transfer risk to a company.

Explanation:

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