Answer:
Shortage: there is more demand than there is at the equilibrium price. There is also less supply than there is at the equilibrium price, thus there is more quantity demanded than quantity supplied.
Your pretty much short in supply and cant fulfill the demand
While surplus
When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result.
Theirs a a large amount of supply due to the pricing most likely beign high
Explanation:
Answer:
The cost of producing one bottle is $10
.
Explanation:
The fixed costs of making the drug = $1 million
The selling price of the 50 pills bottles = $10
Total number of bottles sold at breakeven =200000
Total revenue from the sale of bottle = $10 × 200000
Total revenue from the sale of bottle = $2000000
Since at breakeven point the total revenue is equal to total cost. So, total cost of producing the 200000 bottles is $2000000.
Thus, the cost of producing one bottle = $2000000 / 200000 = $10
Informative, Persuasive, Reminder
Advertising that is informative raises people's awareness of brands, services, goods, and concepts. It can educate people about the features and benefits of new or established products as well as new programs and products.
Persuasive advertising works to change people's perceptions of a company or product and improve its image by trying to persuade them that its services or products are the best. Its objective is to convince customers to act and switch brands, try new products, or stick with one brand.
People are reminded about the need for a product or service or the features and benefits it will provide if they buy it quickly in reminder advertising.
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Answer:
See Explanation
Explanation:
Given
The histogram
Required
The class width
The question is poorly formatted, as the histogram cannot be read. So, I will answer your question with the attached histogram
The class width is:
Using the first class, as reference:
So, the class width is:
Answer: Management control system
Explanation:
Management control system could be defined as a system that collects and uses information to analyze the performance of different organizational resources like human, physical, financial considering them all together in the light of organizational strategies pursued. It looks at comparing performances with the standards, plans or objective of the organization to determine if they are line with standards.
