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3 years ago

When the regulator sets a price that a firm cannot exceed over the next few years, the regulator is enforcing:?

1 answer:

7 0

<span>This is a price cap regulation. Because the firm cannot go over a certain price, the price is said to be capped. Regulations like this prevent firms from overcharging their customers, and promote good business ethics. It may slow the growth of the firm, but the cost comes at the benefit of the customer.</span>

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At a career fair there are two types of job seekers, ones with low experience (Elow) and those with high experience (Ehigh). 70

Ivenika [448]

Answer:

Check the explanation

Explanation:

Coaching

Implied utilization

Arrival of Elows = 70 per hour

Coaching time = 10 mins per Elow

Total Workload= 70*10 = 700 coaching mins

Available coaching hours = 11*60 = 660 mins

Implied utilization = Total demand / Available capacity

= 700/660

= 1.0606

Maximum flowrate = 660/10 = 66 Job seekers per hour ( or Elows per hour)

Actual flowrate = 66 Job seekers per hour (as this process is bottleneck)

Interview process

Total workload = 70*15+30*30

=1950 mins

Available capacity = 40*60 = 2400 mins

Implied Utilization = 1950/2400 = 0.8125

Expected interview time = (0.70*15+0.30*30)

Maximum flow rate = 2400/(0.70*15+0.30*30)

=123.0769 job seekers per hour

Actual flow rate:

Actual arrival rate of Elows (from Coaching process) =66 Elows per hour

So, Total arrivals =66+30 = 96

Since, this process has capacity more than demand

Actual flow rate = 96 job seekers per hour

kindle check the attached image below see the diagram explaming .

7 0

3 years ago

Paul, a new hire in the traffic department of an advertising agency, has little confidence in his ability and believes he only g

joja [24]

Answer:

Letter d is correct. <em>Directive</em>.

Explanation:

The directive leadership style is one where there is a leader to advise on essential task requirements, goals, and expectations that should be met by an employee. This style of leadership is often used when there are new or inexperienced employees or when guidance is needed for more complex activities.

The advantages of management leadership are ease of learning, objectivity about organizational expectations, and compliance with compliance with organizational rules and regulations.

5 0

3 years ago

The federal reserve system can do all of the following except:_______

Nana76 [90]

The Federal Reserve System can do all the given options except A. lender of last resort for consumers.

<h3>What does the federal reserve system do?</h3>

The federal reserve system of the United States is the central bank of the nation and as such, they engage in services like check clearing and regulating the money supply.

They also act as a lender of last resort to banks in order to ensure that they don't fail. The Fed does not lend money to consumers directly so this is not one of their roles.

Options for this question:

A. lender of last resort for consumers
B. regulation of the money supply
C. supplying currency
D. check clearing

Find out more on the roles of the Federal Reserve at brainly.com/question/14417722

#SPJ1

4 0

1 year ago

For seasonal products, the service level should be set to equal A. overage cost / (overage cost + shortage cost). B. shortag

adoni [48]

Answer:

C. shortage cost / (overage cost + shortage cost).

Explanation:

For computing the service level for the seasonal products, we divide the shortage cost to the overage cost plus shortage cost.

The overage cost is that cost which is incurred for ordering excess inventory which is not required for the present level of production level. It is a loss for the company.

And, the shortage cost is that cost in which the company has no stock in their warehouse through which it impacts the business image and the goodwill. The company's customers will go to another company which results in the loss of the company customers.

For service level, we added the overage cost and shortage cost in the denominator side

So, the correct option is c.

4 0

3 years ago

Explain two factors A&B should take into account when deciding which price method to use.

Eduardwww [97]

Answer:

Whether the demand for their product is elastic or inelsatic AND whether they have close competitors

Explanation:

*DEMAND ELASTIC OR INELASTIC*

If the product A&B is selling has close substitutes, the product is likely to be more elastic. This means that even a slight rise in price will shift consumers to the substitutes ( competitor's product) which have lower prices. Moreover if the product takes a larger proportion of people's income, and is a luxury, the price is likey to be elastic. However if the product is inelastic ( the product doesn't have close substitutes), an increase in price will not cause much fall in sales, resulting in the prevention of losses in revenue. By using this knowledge A&B can determine whether or not they can use price skimming or promotional pricing.

*CLOSE COMPETITORS*

If the product that A&B is selling has close competitors, raising the price greater than competitor's prices will result in losses of A&B and it will loose customers to rival businesses. A&B can also decide by observing the quality of rival's products and examine whether they should further increase the quality and set higher prices for their product to create a 'higher quality image'.

Through these observations A&B can decide if competitive pricing or penetration pricing will be suitable for it or not.

5 0

2 years ago