Answer:
Equilibrium price= $3
Equilibrium quantity= 500 tons
Explanation:
At equilibrium, quantity demanded is equal to quantity supplied.
It was give that Income= $50,000
So Qd= 300- 100p +0.01(50,000)
Qd= 300- 100p + 500= 800- 100p
Also Cost is given as $5
So Qs= 200+ 150p- 30(5)
Qs= 200+150p- 150= 50+ 150p
At equilibrium Qd= Qs
800-100p= 50+ 150p
Rearranging you get
800-50= 100p+ 150p
750= 250p
750/250= p
$3= p
This is the equilibrium price, subsititute p in equation Qd= 800- 100p
Qd= 800- 100(3)
Qd= 800- 300= 500 tons
So 500 is the equilibrium quantity
Answer:
B) opportunity costs.
Explanation:
The $40,000 salary that Jamar gave up are part of his opportunity costs.
Opportunity costs are the costs (or benefits lost) from choosing one activity or investment over another alternative.
When you calculate the economic profit of a new project you must include all the implicit or opportunity costs that you incur or lose due to the new project:
economic profit = accounting profit - implicit costs
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2. Do not have too much text on your powerpoint slides; try to memorize your lines.
3. Use bullet points to clearly explain your aim.
Just some ideas :)
Answer:
E. Offer profit sharing
Explanation:
A reward should be related to the underlying cause. The best way to reward them will be to share some of the profits with them. The company can do that by offering them a cash bonus. The bonus will serve as a motivation for them and other employees as well.
A cash reward strategy will be best as it will be a perfect match with the company's achievements. The employees have made money for the company; it is only fair they get cash a reward. Employees work to earn money, not certificates or work breaks. A monetary reward will be the most ideal as its the consideration employees seek every morning they report for duty.
General welfare, food stamps, and education
