A wiki is probably the best of the choices presented, because it's editable by everyone. But wikis get out of control pretty quickly if nobody is assigned to be the wiki-keeper.
Forum software can actually be the best approach, because forums can be divided into different topics for different projects, and posts in chronological order (with attachments) help everybody keep track of what happened when.
Answer:
D. A monopoly that results when one firm is able to produce at a lower cost than multiple firms, giving large firms with higher levels of output an advantage over smaller competitors.
A. Municipal Power Light, the local supplier of electricity.
Explanation: A natural monopoly is a monopoly enjoyed by a firm due to its large nature through which it is able to enjoy Economies of scale and produce at a reduced cost which other companies are unable to meet up with.
WITH A NATURAL MONOPOLY, A FIRM HAS A CONTROL OVER THE PRICE OF THE PRODUCT PRODUCED AND SERVICE RENDERED AS THERE ARE NO CLOSE SUBSTITUTE.
The municipal Power light, the local supply of power is an example of a firm that can enjoy Natural monopoly.
Answer:
The preparation is shown below:
Explanation:
The preparation of the physical flow schedule is presented below:
Beginning work in process units 80,000 units
Units started in process 95,000 units
Total units to account for 175,000 units
Units accounted for:
Units completed and transferred out:
Started and completed 78,000 (95,000 units - 17,000 units)
Beginning work in process 80,000
Ending work in process units 17,000
Total units accounted for 175,000
Answer:
C. the price is below the equilibrium price
Explanation:
Remember, in the law of demand and supply the quantity supplied is dependent on the value of the price of a good.
In this case the price is below the equilibrium price; meaning demand would be higher than the supply which results in the shortage of the good and the company therefore raises the price of the good.
For example, the price of oranges decrease in the equilibrium price (from $10 to $5), resulting in an increase in the demand for oranges.
The increase in demand would lead to shortage, making farmers increase price wanting to supply more.
It would be "Meat to cook for dinner at home" that a consumer expect to find in a retail store since retail stores market to individuals and families, not large-scale projects.
