Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in the most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
B.
Customers will have a variety of flavors to choose from
Answer:
a. 3 cases
Explanation:
Given that
Number of cases sell in a week = 4 cases
Together the cases sold is 7 cases in a week
Based on the information, the atul marginal product is 3 cases as the marginal product refers to the additional per unit to the extra labor hired
The three cases is come from
= Together cases sold - Number of cases sell in a week
= 7 cases - 4 cases
= 3 cases
Answer: keyword analysis
Explanation: keyword analysis is a method skilled people in boosting the quality and amount of the quantity of data sent and received by people that visit a website by increasing the visibility of a website to users of internet search engine, make use of in other to locate and study alternate search words that individuals input into search engines while searching for the same topic.
The measurement technique breaks down tasks into a series of generic micromotions is predetermined data approach.
Given that the technique breaks down into a series of generic micromotions.
We are required to name the work measurement technique that breaks down tasks into a series of generic micromotions.
The name of the work measurement technique that breaks down tasks into a series of generic micromotions is predetermined data approach.
The predetermined data method basically eliminates the need for time studies altogether. The analyst has to divide each work element into a series of micromotions common to a variety of tasks.
Hence the measurement technique breaks down tasks into a series of generic micromotions is predetermined data approach.
Learn more about measurement technique at brainly.com/question/4905850
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