Rabah has just been hired as manager of a health spa. The owner has commissioned a market study that estimates the per person (average consumer's) monthly demand for visiting the health spa to be q = 10 - 1/2p. The cost of operating is C(q) = 2q, where q is the number of visits. The owner has been charging a $64 per month membership fee and a $4 per-visit fee. Part of Rabah's salary is 10% of the monthly profits.
1. What per-visit fee p and per month membership fee F should Rabah suggest from the following options?
Select one:
a. p = 2, F = 80
b. p = 3, F = 91.
c. p = 3, F = 90
d. p = 2, F = 81
Answers
Answer:
B.
Explanation:
It should be noted that the salary of Rabah depends on the profit the company made after amount. Therefore, for Rabah to have or collect a high salary at the end of the month, then the amount to be charged per visit and the membership fee must be increased. So, when they are on the high side or increased, then Rabah is assured of a good salary at the end of the month.
Related Questions
One instance of a political or legal trend is the maturing of the "Millennials" cohort in
the United States.
True
False
Answers
True. The maturing of the "Millennials" cohort in the United States is an instance of a demographic trend, which can have political and legal implications as this generation becomes a larger portion of the population and gains more influence in society.
What are MillennialsMillennials are a generation of people born between the early 1980s and the mid-1990s or early 2000s, depending on the source. They are also sometimes referred to as Generation Y. Millennials are known for growing up during a time of rapid technological advancement, globalization, and social change.
They are the first generation to have grown up with easy access to the internet, social media, and smartphones, which has shaped their attitudes, behaviors, and worldview.
The values, beliefs, and priorities of the Millennial generation are likely to shape the political and legal landscape in the years to come.
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Case: A manufacturing company was experiencing a high rate of defects in their production process, resulting in increased costs and decreased customer satisfaction
Answers
A manufacturing company was experiencing a high rate of defects in their production process, resulting in increased costs and decreased customer satisfaction and various steps can be taken to address this problem.
Multiple actions can be taken by a manufacturing company to address the problem of a high rate of defects in their production process. By looking at production records, performing quality control and speaking with employees, they should be able to determine what caused the defects in the first place.
A strategy for resolving the issue should be created once the root cause has been located. The production process may need to be altered, new technology or equipment may need to be purchased or employee training may need to be improved. In order to assess the plan's success in lowering the rate of defects, it should be put into action and monitored.
Continuous improvement should be a priority for the business and this can be done by conducting regular audits, getting input from staff and customers and investing in development. These actions will enable the manufacturing company to lower costs and boost customer satisfaction.
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What U.S. State is known as the Beehive State?
Answers
Answer:
Utah
Explanation:
Utah territory became a state in 1896 and retained the beehive symbol on their flag.
Hope it helps!
Answer:
Utah is known as the beehive state
Stephen and Martha have spent months looking for their dream home. One day they saw it and fell in love with everything about the house, and they asked the realtor to draw up a purchase agreement, which they then signed. After signing the papers, they asked the realtor whether the house was in good shape. The realtor said it was. When the couple moved into the house, they realized that the basement had serious water problems and that the roof leaked. They now want to sue the realtor. What tort should they consider? If they sue the realtor for this tort, will they win? Why or why not? Explain.
Answers
Stephen and Martha can sue the realtor for the unethical behavior, by filing the claim with the association.
What claim can be file by the buyers against of the realtors for the unethical behavior?If buyer is handover with the property by giving the false statements by the realtors, then a complaint can be filled within 180 days from the day, it took place.
If complaint would be find valid by the grievance committee, the case will go to the hearing committee where the buyer can prove his claim by telling how Code of Ethics was violated.
If realtor found to be guilty, then he could be charged with the fine.
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In your own words, define “ study habits.”
Answers
Answer:
Study skills, academic skill, or study strategies are approaches applied to learning. They are generally critical to success in school, considered essential for acquiring good grades, and useful for learning throughout one's life.
I don't know if that was the answer you were looking for.. but that's the best I can do.
Answer:
Study skills, academic skill, or study strategies are approaches applied to learning. They are generally critical to success in school, considered essential for acquiring good grades, and useful for learning throughout one's life.
Explanation: Hope it helps ^w^
This is weird what is ya favorite anime character
Answers
Answer:
naruto
Explanation:
He is my favourite anime character.........
. A rise in the price of corn will cause a (Click to select) in the Supply Curve for corn. b. A decrease in the price of seed (an input to corn) will cause a (Click to select) in the Supply Curve for corn. c. A decrease in the local number of grocery stores will cause a (Click to select) in the Supply Curve for corn.
Answers
Answer:
move along upwards
shift out
shift in
Explanation:
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
A change in the price of input A change in the number of suppliers Government regulationsWhen the price of corn increases, the quantity supplied of corn increases. this is in line with the law of supply.
according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
This would lead to a movement up along the supply curve
If the price of seed which is an input to corn decreases, it becomes cheaper to produce corn. As a result, the supply of corn would increase. this would lead to an outward shift of the supply curve.
If the number of grocery stores decreases, there would be a reduction in supply. As a result, the supply curve would shift inwards
Which of the following shows the correct order in which organs take part in the process of digestion? (5 points) Esophagus, mouth, stomach Mouth, esophagus, stomach Mouth, stomach, esophagus Stomach, mouth, esophagus
Answers
Answer:
Mouth, esophagus, stomach
Explanation:
How could Competition policy undo the wrongs of the past and make South Africa a better place
Answers
You are creating a budget with your family. What is one important thing to keep in mind as you come up with a plan for spending?
Answers
One important thing to keep in mind when creating a budget with your family is to ensure that everyone is on the same page and that their input is taken into consideration.
It is important to start by identifying your family's income and fixed expenses such as rent/mortgage, utilities, insurance, and debt payments. Then, discuss variable expenses such as groceries, entertainment, and transportation.
Once you have a clear understanding of your expenses, it's important to set realistic goals and prioritize spending accordingly. This may involve making some tough decisions and cutting back on discretionary spending in order to achieve your financial goals.
Finally, it's important to regularly review and adjust your budget as needed to ensure that you are staying on track and meeting your goals. By working together and being mindful of your spending, your family can achieve financial stability and a more secure future.
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mention the works of guide
Answers
Answer: ?
Explanation:
Which of the following statements are true about the 3x3 metrics? Select all that apply
Answers
Based on the information given, the following statements are true about the 3x3 metrics:
It does not include the Service-level Agreements (SLAs) of the process.It includes metrics that are static over a period of time.What is 3x3metrics?3x3 metrics is a process improvement methodology that involves identifying and tracking three critical success measures (CSMs) across three levels of a process. The goal of this methodology is to simplify the measurement and analysis of process performance, while also providing a clear focus on the most important measures of success.
The three levels of the process are typically defined as input, throughput, and output, and the three CSMs are chosen based on their importance to the overall success of the process. By tracking these metrics over time, teams can identify areas for improvement and implement changes to drive better performance.
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complete question
Which of the following statements are true about the 3x3 metrics? Select all that apply. Question 2 options: It includes the three most vital metrics (speed, cost and quality) for our customer outputs. It does not include the Service-level Agreements (SLAs) of the process. It includes metrics that are static over a period of time. It helps the client understand the scope of improvement in a process. It helps the Delivery team focus on the critical success measures
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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Assume that in 2018, a copper penny struck at Philadelphia mint in 1796 was sold for $480,000. What was the rate of return on this investment?
Answers
Answer:
The annual rate of return on this investment is 8.29%
Explanation:
The computation of the rate of return on this investment is shown below:
Since the copper penny is in 1795 is 1 cent
And,
1 cent = .01 dollars
Now
Year 1796 2018
Amount (in dollars) 0.01 $390,000
We know that
Future Value = Present Value × ((1 + rate )^time period)
Here,
t = 2018 - 1795 = 222
So,
.01 × ((1+rate)^(222)) = $480,000
(1+rate)^(222) = $48,000,000
1 + rate = $48,000,000^(1 ÷ 222)
1 + rate = $48,000,000^(0.004505)
1+rate = 1.082929503
rate = 0.082929503
Hence, The annual rate of return on this investment is 8.29%
Monopoly power runs counter to the public interest because it leads to high prices, resource misallocation, and inefficiency. Antitrust policy is one of the government's instruments for curbing monopoly power and protecting competition.
Suppose that a major tire retailer purchases a major manufacturer's car tires at a discount on the condition that it must also purchase the manufacturer's truck tires. As a result of the agreement, several tire manufacturers lose their market shares and eventually exit the industry. This agreement would explicitly violate which of the following laws?
The Clayton Act of 1914
The Sherman Antitrust Act of 1890
The Robinson–Patman Act of 1936
The Celler–Kefauver Act of 1950
Answers
Answer:
C. The Robinson–Patman Act of 1936
Explanation:
The Robinson-Patman Act of 1936 is an amendment to The Clayton Act of 1914, which particularly prohibits price discrimination. Price Discrimination is an act in which distributors or sellers of certain goods, give discounts to people who they seem to benefit more from while smaller shops buy the goods at a costlier price.
The instance where the major tire manufacturer has an agreement to make a price discount with the manufacturer of truck tires is an example of price discrimination, and the consequence is that other markets are affected as they now exit the market. This is a clear contravention of the Robinson-Patman Act of 1936.
plan content of paragraph in outline form
Answers
A manufacturer has an estimated practical capacity of 90,000 machine hours, and each unit requires two machine hours. The following data apply to a recent accounting period: Actual variable overhead$ 240,000 Actual fixed overhead$ 442,000 Actual machine hours worked 88,000 Actual finished units produced 42,000 Budgeted variable overhead at 90,000 machine hours$ 200,000 Budgeted fixed overhead$ 450,000 Of the following factors, the manufacturer's production volume variance is most likely to have been caused by: A. A wage hike granted to a production supervisor. B. A newly imposed initiative to reduce finished goods inventory levels. C. Acceptance of an unexpected sales order. D. Temporary employment of workers with lower skill levels than originally anticipated.
Answers
Answer:
Of the following factors, the manufacturer's production volume variance is most likely to have been caused by:
D. Temporary employment of workers with lower skill levels than originally anticipated.
Explanation:
a) Data and Calculations:
Estimated practical capacity = 90,000 machine hours
Machine hours per unit = 2
Estimated production units based on capacity = 45,000 (90,000/2)
Budgeted Actual
Variable overhead = $200,000 $240,000
Actual fixed overhead = $450,000 $442,000
Machine hours 90,000 88,000
Units produced 45,000 42,000
Estimated units to be produced based on standard machine hour
= 44,000 units (88,000/2)
Variance between standard units to be produced and actual = 2,000 (44,000 - 42,000) Unfavorable
The additional components of the marketing mix for marketing a service does not include which of the following?
people
process
popularity
physical environment
Answers
The marketing mix comprises four primary elements: product, price, promotion, and place. However, when marketing services, some additional components are added to the mix. These components are known as the 7Ps of marketing and include people, process, and physical evidence (or physical environment).
Popularity, on the other hand, is not a component of the marketing mix for services. Popularity can be considered a byproduct of the marketing efforts and how successful they are in promoting the service to the target audience. Popularity is a measure of how well a service is known or recognized in the market.
People: This component of the marketing mix is concerned with the people involved in the delivery of the service. These people include the employees, staff, and other personnel involved in providing the service to the customers. These people are critical to the success of the service and need to be trained, managed, and motivated to provide excellent service.
Process: This component of the marketing mix is concerned with the procedures and processes involved in the delivery of the service. The process should be designed to ensure that the service is delivered consistently and efficiently, meeting the needs and expectations of the customers. A well-designed process can enhance the customer experience and help in creating a positive perception of the service.
Physical Environment: This component of the marketing mix is concerned with the physical environment in which the service is delivered. This environment can include the ambiance, decor, lighting, and other factors that contribute to the customer experience.
A well-designed physical environment can enhance the customer experience and contribute to the success of the service.
Popularity: Popularity can be considered a byproduct of the marketing efforts and how successful they are in promoting the service to the target audience. Popularity is a measure of how well a service is known or recognized in the market.
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Drag each label to the correct location on the image.
Identify the parts of the database table.
Answers
All of the data in a database is stored in tables, which are database objects. Data is logically arranged in tables using a row-and-column layout akin to a spreadsheet. Each column denotes a record field, and each row denotes a distinct record.
A table is a group of related data stored in a database in a table format. There are rows and columns in it. A table is a collection of data components that use a model of vertical columns and horizontal rows in relational databases and flat file databases. The unit where a row and column cross is called a cell.
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What is the APR (interest rate) on this card for Purchases made during the first six months that a cardholder has this card?
a. 0%
b. 15.24%
c. 23.24%
d. 25.24%
Answers
Answer:
a. 0%
Explanation:
The first line of the schumer box had it on
As a student of Business Ethics and a managing director of a multinational company, discuss five (5) factors you will consider in managing the multi-cultural and diversified workforce in Ghanaian business organizations.
Answers
Communication, ethics, conflict management, learning, and inclusion are some issues to consider when leading a multicultural and diversified workforce in Ghanaian business organizations.
How do you lead a multicultural team?In order to foster a culture that celebrates variety and individuality, it is crucial that there be a number of rules and procedures that concentrate on organizational ethics. The manager must be aware of the requirements of the teams, encourage learning, and include the staff in organizational procedures.
Therefore, the sharing of knowledge, learning, and creativity can benefit from a diverse culture.
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Crane Company manufactures a product with a unit variable cost of $100 and a unit sales price of $176. Fixed manufacturing costs were $480000 when 10000 units were produced and sold. The company has a one-time opportunity to sell an additional 1000 units at $115 each in a foreign market which would not affect its present sales.
If the company has sufficient capacity to produce the additional units, acceptance of the special order would affect net income as follows:
a. Income would decrease by $8,000.
b. Income would increase by $8,000.
c. Income would increase by $140,000.
d. Income would increase by $40,000.
e. None of the above.
Answers
Answer: e. None of the above
Explanation:
Fixed costs are already incurred so will no longer be a factor as the same facilities are to be used. .
Variable costs on the other hand will always be there as the company aims to produce more and more goods.
The increase in net income will therefore be;
= Sales revenue - Variable costs
= ( 1,000 * 115) - ( 1,000 * 100)
= $15,000
Income will increase by $15,000
A key tool used for problem statement maturing (usually in conjunction with the customer is)
Answers
A design thinking is the key tool used for problem statement maturing, usually in conjunction with the customer.
Design thinking refers to a process which aims to solving problems by prioritizing the consumer's needs above all else.
The main benefit of the process is that its helps firm to identify, understand and address the need or problems of the businesses and their customer.In conclusion, the design thinking is the key tool used for problem statement maturing, usually in conjunction with the customer.
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Which educational institutions typically cost the most to attend?
vocational schools
community colleges
public universities
private colleges
Answers
Answer:
Private colleges
The educational institutions that typically cost the most to attend is the private school.
What is private school?Private school is defined as an independent school that is self-contained. They are not managed by state, local, or national governments and are also known as private schools, non-governmental, privately funded, or non-state schools. Private schools are often the most expensive educational institutions to attend.
Therefore, option D is correct.
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What is the main reason that people purchase insurance policies?
A. they want to reduce the cost of their student or personal loans.
B. They want to avoid paying for major unexpected expenses.
C. They want to avoid increasing their monthly premiums
D. They want to invest money in insurance to grow it over time
Answers
Option B is correct. The main reason that people purchase insurance policies is because they want to avoid paying for major unexpected expenses.
What is an insurance policies?An insurance policy can be defined a contract between the insurer and the policyholder which determines the claims which the insurer is legally required to pay. The policy is enforced in an exchange for an initial payment known as the premium in which the insurer promises to pay for loss caused by perils covered under the policy language.
Most of the insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Because these insurance policies are standard forms, they often feature boilerplate language which is similar across a wide variety of different types of insurance policies.
Some examples of the popular insurance policies includes a Life Insurance, Health Insurance, Disability Insurance, Homeowner's Insurance, Automobile Insurance, Liability Insurance etc,
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what's the best online money making way?
Answers
Hormel offers its food distributors a discount of 15 percent for payment within 10 days on orders of all Jiffy brand products. Hormel is giving its customers a
Answers
Hormel is giving its customers a cash discount.
What is cash discount?Cash discount is the discount a seller give to a buyer by reducing the amount the buyer was supposed to pay because the buyer make his payment earlier.
Based on the given scenario Hormel offers is offering its food distributors a discount of 15 percent if the distributor paid within the stipulated time or period of 10 days.
Inconclusion Hormel is giving its customers a cash discount.
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Keyser Mining is considering a project that will require the purchase of $980,000 in new equipment. The equipment will be depreciated straight-line to a zero book value over the 7-year life of the project. The equipment can be scraped at the end of the project for 5 percent of its original cost. Annual sales from this project are estimated at $420,000. Net working capital equal to 20 percent of sales will be required to support the project. All of the net working capital will be recouped. The required return is 16 percent and the tax rate is 35 percent. What is the amount of the after-tax salvage value of the equipment?
A. $17,150
B. $31,850
C. $118,800
D. $237,600
E. $343,000
Answers
The amount of the after-tax salvage value of the equipment is $31,850. Option B
How to find the amount of the after-tax salvage value of the equipment?To determine the after-tax salvage value of the equipment, we need to calculate the salvage value at the end of the project and then apply the tax rate.
Therefore, the salvage value is:
Salvage Value = 5% of $980,000
= 0.05 * $980,000
= $49,000
The tax rate is given as 35 percent, so we can calculate the after-tax salvage value as:
After-Tax Salvage Value = Salvage Value - Tax on Gain
= $49,000 - (Tax Rate * Gain)
= $49,000 - (0.35 * $49,000)
= $49,000 - $17,150
= $31,850
Therefore, the amount of the after-tax salvage value of the equipment is $31,850.
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Market culture is controlled and has an internal focus
Answers
A marketplace culture has a strong external focus and values balance and control whereas a hierarchical culture has an internal focus and values balance and manipulation over flexibility.
What do you mean by market culture?A marketplace culture is a sort of company tradition that emphasizes competitiveness now no longer only among the corporation and its marketplace competition but additionally among employees.
The marketplace version is the maximum competitive and capitalistic of the four common corporate culture models.
Hence, A marketplace culture has a strong external focus and values balance and control whereas a hierarchical culture has an internal focus and values balance and manipulation over flexibility.
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define the market segment and target market
Answers
The term market segment refers to people who are grouped together for marketing purposes.
Target market is a group of customers with shared demographics who have been identified as the most likely buyers of a company's product or service.