Answer:
C. Supply of lobster is greater in summer than in spring .
Explanation:
Demand & supply refer to consumers & producers ability & willingness to buy & sell at given prices respectively .
Demand curve is downward sloping, supply is upward sloping - due to law of demand & law of supply .
Market Equilibrium is where Demand = Supply & the curves intersect . Decrease in demand (Lobsters spring case) generally creates excess supply which leads to competition among sellers and reduces the prices . However if price is increasing despite of demand decrease (Lobsters spring case) , the excess supply due to demand shortage would not have happened due to c) lesser supply in spring. So , decrease in demand off set by decrease in supply also in spring would have led to lobsters' higher price despite of lower demand in spring.
Answer:
A measurement of her work value to the company
Explanation:
For every hour Maria works, she earns $15. The company values her output at a rate of $15 per hour. The more hours she puts in, the higher her pay will be.
Maria is compensated under the time wage system. Under this systems, the output and quality of an employee's work do not count for much. The time spent in the workplace is what is considered most in remuneration.
The businessman must have established a system of capturing the hours' Maria worked. The hours worked multiplied by the valuation of $ 15 per hour resulted in $600 pay for the week.
Answer:
<u>climate for service.</u>
Explanation:
The climate for service in an organization refers to organizational aspects that are shared by all employees, they are the organizational culture, the policies, the communication process, the management model, the organizational strategy. All these aspects will influence the perception of employees, so it is important that the organizational culture is focused on the positive motivation and appreciation of the professional, because it is essential that the employee identify with the business values, feel motivated and valued to exercise and value. develop their competencies for the accomplishment of the organizational mission.
Henry Ford was the first to make a mass production. He made the Mobile T
Answer:
A. $820,036.47
B. No, the firm should not undertake this specific project
C. If the interest rate go higher by 1 percent the risk is that the present cash flow savings limits of the amount of $860,000 set by the management will fall.
Explanation:
a. Calculation to Determine the value of the future cash flow savings expected to be generated by this project.
PRESENT VALUE
2020 = $110,000/(1.07)^1
2020= $102,803.74
2021= $120,000/(1.07)^2
2021=$104,812.65
2022 =$130,000/(1.07)^3
2022=$106,118.72
2023 =$150,000/(1.07)^4
2023=$114,434.28
2024 =$160,000/(1.07)^5
2021=$114,077.79
2025 =$150,000/(1.07)^6
2025=$99,951.33
2026 =$90,000/(1.11)^7
2026=$433,49.26
2027 =$90,000/(1.11)^8
2027=$39,053.38
2028 =$90,000/(1.11)^9
2028=$351,83.23
2029 =$90,000/(1.11)^10
2029=$31,696.60
2030 =$90000/(1.11)^11
2030=$28,555.49
TOTAL VALUE $820,036.47
Therefore the value of the future cash flow savings expected to be generated by this project is $820,036.47 .
b. Based on the criterion that was set by the management, the firm should NOT undertake this specific project reason been that the total amount of the PRESENT VALUE (PV) cash inflow of the amount of $820,036.47 is LESSER than the present cash flow savings of the amount of $860,000 that was set by the management.
c. Based on the information given in a situation were the interest rate go higher by 1 percent the risk is that the present cash flow savings limits of the amount of $860,000 set by the management will fall.
