Answer:
advertising manager
Explanation:
Centralized organizations are very rigid structures where most of the decisions are made by upper management and then passed to lower management levels.
In centralized organizations, the advertising (marketing) department is responsible for developing promotional plans that must be approved by upper management who will then set a promotional budget and overall marketing objectives.
Centralized organizations that tend to favor in-house advertising usually do it because it lowers costs, but they also have serious issues with flexibility and creativity.
Answer:
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Answer:
D, decline in total surplus that results from a tax.
Explanation:
Dead-weight loss is also known as excess burden. It is a situation where in there is a loss of economic sufficiency as a result of tax.
This economic sufficiency is when the supply of goods and services aren't met. That is, there is no market equilibrium between demand and supply. Taxes, subsidies, price rise or fall can be the reason for dead-weight loss as it causes the imbalance of demand and supply of goods or services to the consumers through price manipulations.
To calculate dead-weight loss, change in price as well as change in quantity demanded are important factors to consider.
Cheers.
Answer:
$20
Explanation:
Given that,
Total fixed cost = $4,200
Number of workers employs = 30
Wages = $160 per worker
Average product of labor = 2
Marginal product of last labor hired = 8
Marginal cost refers to the additional cost that has occurred to produce the additional unit of a commodity.
Here, from the given information, we can calculate the marginal cost of the last unit produced by the last worker is as follows:
= Wages per worker ÷ Marginal product of last labor hired
= $160 ÷ 8
= $20
Answer:
a bank
Explanation:
that is where you open a savings account