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3 years ago

Advancements in medical technology often lead to new careers. True False

Business

2 answers:

algol [13]3 years ago

8 0

The answer should be A) True.

Travka [436]3 years ago

4 0

The answer is true your welcome hope I helped :)

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A monopoly exists when _____ provides a good or service.

marishachu [46]

A company controls the market for a good or service

8 0

3 years ago

Suppose that widgets are produced by a monopolistically competitive industry. If each firm in this market has the same cost stru

natulia [17]

Answer:

The equilibrium number of firms is 20.

Explanation:

Q = SH × b

= 2,400 × (1/20)

= 2,400 × 0.05

= 120

Also given, Q = S / n

120 = 2,400 / n

n = 20

3 0

3 years ago

Scenario 5 Guemmer Specialty Foods can produce their famous cherry pies at a rate of 1650 cases per day (this is the daily produ

Arturiano [62]

Answer:

c) Annual set up cost= $9878.04

Explanation:

Economic batch quantity (EBQ) is also known as economic production run, It is the optimum production run that a manufacturer should operate to minimize set up cost and carrying cost.

Carrying cost is the cost of keeping inventory while set up cost is cost of getting machines ready for production

Annual inventory cost = = Set up cost per run× Annul demand / EBQ

Annual demand / the economic production run(EBQ)

It is calculated as follows:

Economic batch quantity =√2× Co× D / Ch(1-D/P)

Where ,

D - annual demand - 62,500

Ch -holding cost per unit per annum - $11.50

Co- set up cost - $320

Production rate = 1650 units per day × 250 days =412,500 units

Economic batch quantity

= √(2× 320× 62,500) / (11.50× (1- 62500/412500) )

=2024.69 units

Annual set up cost

= Set up cost per run × Annul demand / EBQ

= $320× 62,500/2024.69

Annual set up cost= $9878.04

6 0

3 years ago

You examine the schedule for your favorite soccer team. the team plays sixteen games each season. later, you try recalling that

defon

It is an example of the primacy effect. Primacy effect is one of the two main components of a broader concept known as the serial position effect. The serial position effect says that when given a list of information and later asked to recall that information, the items at the beginning (primacy) and the items at the end (recency) are more likely to be recalled than the items in the middle.

7 0

3 years ago

Give at least one example that you believe demonstrates when the cost of government actions outweighs the benefits.

Dovator [93]

Answer: The creation of a government set price for gasoline by ni government.

Explanation:

In 1970 president Nixon inteoduced a soft artificial price ceiling on gasoline in the United States. This was as a result of the OPEC crisis of 1970s. It is a good example of scenerios where the cost of government action outweighs the benefits. this was due to the creation of the government-set price which would cause the quantity demanded to be more than the quantity supplied because gasoline was cheaper now.

7 0

3 years ago