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kolezko [41]
3 years ago
12

Jacques has plans to go to a play and already has a $50 nonrefundable, nonexchangeable, and nontransferable ticket. Now Kyoko, w

hom Jacques has wanted to date for a long time, asks him to a concert. Jacques would prefer to go to the concert with Kyoko and forgo the play, but he doesn't want to waste the $50 he spent on the play ticket. From the perspective of an economist, if Jacques decides to go to the concert with Kyoko, what has he just done
Business
1 answer:
77julia77 [94]3 years ago
3 0

Answer:

Explanation:

Rightly ignored a sunk cost since he cannot recover the money back and it really does not have any effect on the decision in the future

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The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing mor
WINSTONCH [101]

This is an example of government regulations as a source for new product ideas.

Explanation:

The government can be a source of new product ideas in many ways.

First of all, there are many new product choices in the archives of the Patent Office. We will make more new design ideas further marketable.

Secondly, in reaction to regulations of government, economic policy, investment recommendations, the annual strategy, the five-year plan etc, new products innovations can arise.

Thirdly, today a number of government departments help businessmen develop business ideas.

Fourthly, commerce and industry policy reports can also help to develop new venture concepts.

8 0
3 years ago
Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding an
nexus9112 [7]

Answer:

1. $14,52 per direct labor hour

2. Overheads Assigned

Part A27C = $89,367

Part X82B =$95,832

Explanation:

The plantwide overhead rate is the absorption rate calculated on the entity`s to total overheads and total activity.

plantwide overhead rate = Budgeted Overheads / Budgeted Activity

                                         = ($ 740,000 + $ 610,000) / (45,000+48,000)

                                         =  $14,52 per direct labor hour

Part A27C

Molding department  (4,000× $14,52)    =  $58,080

Trimming department(2,150× $14,52)     =  $31,287

Total                                                          =  $89,367

Part X82B

Molding department (1,100× $14,52)      =  $ 15,972

Trimming department (5,500× $14,52)  =  $79,860

Total                                                         =  $95832

3 0
3 years ago
Many people believe that pure monopolies charge any price they want to without affecting sales. instead, the output level for a
babymother [125]
Given that m<span>any people believe that pure monopolies charge any price they want to without affecting sales. instead, the output level for a profit-maximizing pure monopoly occurs where </span><span>MC = MR (marginal cost equals marginal revenue).</span>
3 0
3 years ago
The corporation's task environment: a. encompasses the physical working areas of the organization. b. includes those elements or
Mazyrski [523]

Answer:

b. includes those elements or groups within an organization's industry.

Explanation:

A corporation's task environment are components that affects and can be affected by an organization's mode of operation. They are external factors that could hinder a business from achieving her goals, aims and objectives, such factors includes customers, suppliers, supply of labour, regulations and regulators, etc.

It must be generally noted that every corporation's task environment is always and constantly changing, and this changes comes with their own challenges.

8 0
3 years ago
Andrew opened a fast-food restaurant on the corner of First and Main Streets in a small town. He named the restaurant The Hambur
schepotkina [342]

Answer:

Undifferentiated

Explanation:

Andrew has applied an undifferentiated marketing mix approach. The undifferentiated techniques is a type of marketing mix approach that centres around a whole target market. This procedure utilises a single marketing mix which consists of one item, one value, and one situation . This approach is initiated to attain maximum customers in a specific target market within a short spam of time.

7 0
3 years ago
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