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3 years ago

When you are willing to pay $5 for a hamburger but you pay $4 for it, your consumer surplus for the hamburger is:?

1 answer:

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<span>$1. A "consumer surplus" is the difference between what a customer is WILLING to pay and what they ACTUALLY pay. You are willing to pay $5 on a hamburger, but you only spend $4. There is a difference between what you would've paid and what you did pay -- meaning, the difference between five dollars and four dollars. 5 minus 4 is 1. The consumer surplus is one dollar.</span>

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Employees in engineering and marketing divisions often disagree with each other about how to achieve targets mainly because they

kotegsom [21]

Answer: differentiation

Explanation:

From the question, we are informed that employees in engineering and marketing divisions often disagree with each other about how to achieve targets mainly because they have unique backgrounds, experiences, and training.

The above source of conflict is due to differentiation. The differentiation is as a result of them not working in thesame divisions hence, they see things differently and not in the same way.

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4 years ago

Steve Jobs was a demanding perfectionist when it came to his business. In fact, the case recounts instances where Jobs would hav

Step2247 [10]

Answer:

Steve job is the natural leader and gather with gigantic imagination and astounding thoughts regarding determining for future. He was a prepared trend-setter who reshaped whole ventures by his scholarly brain, good thoughts and peerless self control that comes for purchaser desire for present and future needs.

So "Business person" would surly fit for his character. Steve Jobs have a sort of character which satisfied with number of characteristics that accommodate him for imagination and imaginative.

Steve was acceptable in sharing his inclination and punish individuals ahead to take obligations. These are the characteristics of Extrovert individuals. This can be seen each time both in progress and disappointment, he never seize to quit talking about the conceivable outcomes.

Consequently the most fitting behavior is "Extroversion"

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4 years ago

Read 2 more answers

The addition of acceptance criteria factors to the milestone schedule in a project charter helps the team understand who will ju

tester [92]

Answer: The criteria or standards they will use.

Explanation: Project Charter is a major component of project management system,the project charter Describes the roles and responsibilities of the team members,the task descriptions,the time lines,it is an important and reference for both present and future projects.

The project Charter also sets the project deliverables with each mile stone,the criteria and standards through which the project deliverables associated with each milestone will be judged.

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3 years ago

Jasper Company has sales on account and for cash. Specifically, 70% of its sales are on account and 30% are for cash. Credit sal

kaheart [24]

Answer:

Jasper Company

Cash Receipts Budget for April, May, and June:

April May June Total

Cash Sales 30% $157,500 $160,500 $168,000 $486,000

Credit Sales 70% 400,000 367,500 374,500 1,142,000

Total $557,500 $528,000 $542,500 $1,628,000

Explanation:

1. Cash Receipts Budget shows the estimated cash receipts from customers and other sources.

2. Calculations:

a) Cash Sales for April = 30% of April Sales = 30% * $525,000 = $157,500. The difference of 70% is received in May.

b) Sales received on account for April = 100% of Accounts Receivable = $400,000.

c) Cash Sales for May = 30% of April Sales = 30% * $535,000 = $160,500. The difference of 70% is received in June.

d) Cash Sales for June = 30% of April Sales = 30% * $560,000 = $168,000. The difference of 70% is received in July.

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3 years ago

Cash flows: Hillman Corporation reported current assets of $3,495,055 on December 31, 2017 and current assets of $3,103,839 on D

Nuetrik [128]

Answer:

$284,115

Explanation:

Computation for the cash flow invested in net working capital at Hillman Corporation during 2017.

First step is to calculate the Net working capital for 2017

Net Working Capital 2017 = $3,495,055 - $2,867,225

Net Working Capital 2017 =$627,830

Second step is to calculate the Net Working Capital for 2016

Net Working Capital 2016 = $3,103,839 - $2,760,124

Net Working Capital 2016= $343,715

Now let calculate the cash flow invested in net working capital

2017 Cash flow invested in net working capital=$627,830-$343,715

2017 Cash flow invested in net working capital=$284,115

Therefore the cash flow invested in net working capital at Hillman Corporation during 2017 will be $284,115

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3 years ago