Simple; It's wrong. Many companys do the same thing and are still successful.
Answer:
The correct answers are $40,000 and $13,500
Explanation:
The implicit cost of the business is $40,000 nothing for the entrepreneur's time plus $13,500 nothing for the entrepreneur's funds (enter your response as an integer)
The implicit cost indicates the cost of an asset rather than selling it or renting it out. In other words, the company has to give up by deciding not to exploit an asset. For this case $40,000
For the other line
15% = 0.15
$90,000 x 15% = $13,500
The reciprocals of one another is the term that describes the relationship between the flow rate and the capacity of each labor resource that works in a process.
<h3>What is a flow rate in production?</h3>
Its means the amount of flow units such as a customers, money, goods going through the business process per unit time.
Hence, the flow rate and capacity of each labor resource are reciprocal because they work together in a process unit.
Read more about flow rate
<em>brainly.com/question/24356835</em>
Answer:
2. indicates the quantities of the good that people will buy at various prices.
Explanation:
Demand refers to an individual's willingness to buy a product in consideration for a price.
The law of demand states that more of a good is demanded at a lesser price and vice versa. When price of a good changes with other factors affecting demand remaining constant, the quantity demanded for that good changes which is termed as movement along the demand curve.
A demand schedule for a good represents the tabular relationship which shows the quantity demanded by customers at different price levels.
A demand schedule when represented graphically creates a downward sloping demand curve depicting inverse relationship between price of a good and it's quantity demanded.
Answer:
Assume: only one of the ware house expansion projects can be implemented and suppose that, if test marketing of the new product is carried out, the advertising campaign also must be conducted and vice versa. Also suppose that the purchase of new equipment cannot be undertaken unless the basic research or the extensive warehouse expansion are implemented.
Formulate the corresponding model for maximizing the net present value subject to the restrictions stated above
Yi (1 if investment alternative is selected, o otherwise)
i = 1, 2, 3, 4, 5, 6
Max Z = $4,000y1 + 6,000y2 + 10,500y3 + 4,000y4 + 8,000y5 + 3,000y6
∴ NPV = 17,500
