Answer: Mental stimulus processing
Explanation:
The mental stimulus processing is one of the type of intangible action which is typically control by the different types of minds of people and the these action are manage on the basis of the given assets and the customer requirement.
According to the given question, Herbon is organizing the theatrical performance in the society and also managing the training class of the theater and arts performance.
The Hebron is basically offering the various types of services on the basis of the category of mental stimulus processing such as consulting. Therefore, Mental stimulus processing is the correct answer.
Answer: inefficient because Steven and Ingrid could have made a mutually beneficial trade.
Explanation:
Regarding the question, Ingrid was waiting for "Mamma Mia!" show to come to town; it eventually came with tickets cost of $60. Even though Ingrid's reservation price was $75, he was not able to get a ticket as they had been sold out.
On the other hand, Steven got a ticket for $60 even though his reservation price for the ticket was $65. Steven eventually attended "Mamma Mia!" show while Ingrid does not. This is an inefficient situation because Steven and Ingrid should have made a mutually beneficial trade which could have happened if Steven had sold Ingrid the ticket for the show for $70 and they would have been better off.
Answer:
a decrease in the total amount of units produced while fixed costs remain the same (that is why they are called fixed).
Explanation:
For example, company A produces 1,000 units with a total variable cost per unit of $10 plus $10,000 total fixed costs. Company A's total costs = $20,000
If company A's production level decreases to 950 units, their total costs = $19,500. Therefore a 5% decrease in production units only decreases fixed costs by 2.5%.
Company A's total costs were evenly split between variable and fixed costs, but sometimes either variable or fixed costs are proportionally larger. If the fixed costs of company A had been 67% of total costs instead of 50%, the 5% decrease in units produced would have reduced total costs by only 1.7%.
So the larger the proportion of fixed costs, a change in the number of units produced will have a smaller impact in the total costs of the company.
Answer : Serial Entrepreneur
A serial entrepreneur, like any other entrepreneur, comes up with a new idea and starts a business based on it.
Once the business is established, they delegate the running of this business to someone else and move on to building another new business on another new idea.
As they move on to newer ventures, they may also sell their old ventures. When such ventures are sold, the entrepreneur often makes a windfall gain.
