Answer:
A. Decisive leadership on the part of top executives, an industry-leading market share, and strict enforcement of long-standing company policies are all important traits of a strong culture
Explanation:
Option A is the correct answer to this question.
The company's culture are the beliefs that it holds which influences every area of a business. When starting a business or running an existing one, you company's culture that is essential to the overall success and growth of your company. Strong company cultures are result oriented
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
Answer:
(a) 0; 0
(b) $150 per hour; $16.67 per hour
(c) (b) $150 per hour; $53.57 per hour
Explanation:
(a) Number of hours = 125
Marginal cost = 0 (since service is cost less upto 200 hours)
Average cost = 0
(b) Number of hours = 225
Marginal cost = $150 per hour
Total cost = $150 × (225 - 200)
= $150 × 25
= $3,750
Average cost = Total cost ÷ Number of hours
= $3,750 ÷ 225
= $16.67 per hour
(c) Number of hours = 325
Marginal cost = $150 per hour
Total cost = $150 × (325 - 200)
= $150 × 125
= $18,750
Average cost = Total cost ÷ Number of hours
= $18,750 ÷ 325
= $53.57 per hour
Answer: Her income elasticity of demand for cottage cheese is <em><u>0.3333</u></em> making it a <em><u>normal and necessary</u></em> good.
The income elasticity of demand is given by :

The percentage change in income is given as 60%. We calculate the percentage change in quantity demanded as follows:



Substituting the value above in the income elasticity demand formula we get,

<u>YED = 0.33333</u>
Since the income elasticity is positive, and since Shawna buys more cottage cheese after an increase in income, we can classify this good as a normal good.
Since the income elasticity is between 0 and 1 we can also conclude that cottage cheese is also a essential good or a necessity.
Answer:
The net worth (owners' equity) for this business is $2.2 million
Explanation:
Net worth: It is also known as owner's equity which is a difference between total assets and total assets.
In this question, we use the accounting equation which is used to balance the debit and credit side of the balance sheet items.
So, the accounting equation is
Total Assets = Total Liabilities + Owner's Equity
where,
Company assets are $3.5 million
And, liabilities is $1.3 million
Now, apply the above equation to find out the value of the owner's equity
So, owner equity would be equals to
= $3.5 million - $1.3 million
= $2.2 million
Hence, the net worth (owners' equity) for this business is $2.2 million