1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svetach [21]
3 years ago
12

Suppose that a surfboard designer owns a building and is renting part of the building's space to a doctor. Further suppose that

because the surfboard designer is the owner, he has the right to make noise during the day while he sands the boards. While the doctor cannot insist on a quiet environment, the doctor could move to a quieter building. However, rent in the next best building is $350/month more than rent in the noisy building. The surfboard designer can adopt a new technology that eliminates the noise for $275/month. Given this situation, can the doctor find a private solution with the surfboard designer that will make both better off?
Business
1 answer:
mojhsa [17]3 years ago
4 0

Answer:

Yes, if doctor pays at least $275 to designer, there will be no noise and designer will be able to produce without increases costs.

Explanation:

The surfboard designer makes a lot of noise.Doctor on the other hand needs peace to function. The doctor an shift to another building but rent is $350 more.

The surfboard designer can reduce noise through new technology but it costs $275.

Assuming that there is no cost involved in negotiations, both parties can be better off if the doctor pays at least $275 to designer to adopt new technology. The maximum amount the designer will be willing to give will be $350.

You might be interested in
Robert started his company in his parents' garage because he could not afford to rent an office space. Most of his finances were
Levart [38]

Answer:

having lower overhead costs.

Explanation:

Robert started his company in his mother's garage so he did not have to pay rent or lease at the initial stage of his business. This gave him the opportunity to put his finances in essential aspects of his business.

Therefore he had an opportunity to reduce his overhead cost.

4 0
3 years ago
A firm has three different production facilities, all of which produce the same product.. While reviewing the firm's cost data,
Valentin [98]

<u>Joshua is right because fixed costs are unavoidable but marginal costs are not.</u>

<u>Explanation</u>:

Decision making plays an important role while considering the development of the organization. The officials in the company should act smartly in making decisions during crucial situation.

<u>Marginal cost </u>is the cost added to the total cost while producing additional units. <u>Fixed cost </u>is the cost of the product that does not change with the increase or decrease in the quantity of the products.

In the above scenario, Jasmine and Joshua were discussing about the cost of the products that are produced in their manufacturing plants. They were discussing about the marginal cost and fixed cost.

6 0
3 years ago
Good corporate citizens A. go beyond meeting society's expectations for ethical strategies and business behavior by fostering so
OlgaM077 [116]

Answer: A. go beyond meeting society's expectations for ethical strategies and business behavior by fostering social benefit and balancing the interests of all

Explanation:

Good Corporate Citizens care about the integrity of the Business world and the trust people should have in it.

To then it is imperative that they help foster social benefits as well as financial benefits for all to partake in and enjoy from.

3 0
3 years ago
Tyler Toys has beginning inventory for the year of $19,600. During the year, Tyler purchases inventory for $233,000 and has cost
Nimfa-mama [501]

Answer

The correct answer is:

$16,600

Explanation:

The ending inventory is the total value of the inventory at hand, that was not sold for the year. To calculate this, we will subtract the total cost of goods sold from the total purchase. This is shown below:

Beginning inventory =                     $   19,600

Purchased inventory =                     $ 233,000

Total inventory value in the year = $ 252,600

Cost of goods sold = $ 236,000

Therefore, Ending inventory = Total inventory value in the year - Cost of goods sold

= 252,600 - 236,000 = $16,600

8 0
3 years ago
Evaluate the impact that the 5 Total Quality Management (TQM) elements have on Woolworths, as a large company.​
ki77a [65]

The main impact that the 5 Total Quality Management have on Woolworths is that it helps quality assurance for customers.

<h3>What is the Total Quality Management?</h3>

This is a management system that is assert that all staff must be committed to maintaining high standards of work in every aspect of a company's operations.

The five concept of Total Quality Management includes:

  • Produce quality work the first time
  • Focus on the customer
  • Have a strategic approach to improvement
  • Improve continuously
  • Encourage mutual respect and teamwork.

Read more about Total Quality Management

<em>brainly.com/question/23443069</em>

#SPJ1

5 0
2 years ago
Other questions:
  • Actions taken by governments in order to promote the use of their own resources include all of the following EXCEPT:
    14·1 answer
  • What peripherals would you need to host a video conference?
    10·2 answers
  • The organization of 183 countries, all of which have signed treaties to protect intellectual property rights, is known as
    14·1 answer
  • Toyota has developed aluminum car bodies that are 100 percent recyclable and light enough to help conserve fuel. what kind of re
    9·1 answer
  • Revenues that are legally restricted for expenditure on specified operating purposes should be accounted for in special revenue
    12·1 answer
  • World Grocer sells high-quality products and grocery items that are unique to its highly populated area; in addition, it offers
    8·1 answer
  • Michael's Machine Shop reports the following information for the quarter.
    7·1 answer
  • LeGrand Corporation reported the following amounts in its income statement: Sales revenue $ 440,000 Advertising expense 60,000 I
    8·1 answer
  • The following amounts were reported by Burke Company before adjusting its immaterial overapplied manufacturing overhead of $8,00
    8·1 answer
  • What is the responsibilities of supervisor to his superior?​
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!