Which step of the dmaic methodology are specific goals set for company achievement?

Consider the market to the right. compared to the perfectly competitive outcome, what would be the change in surplus if instead

Sonbull [250]

If the market had one supplier that was a monopoly then there would be only one firm operating in the market, with no competition.

In a market, a monopolist tends to charge a price higher and produces fewer units than a competitive market structure. Because of such higher monopoly price, the area of consumer surplus tends to decrease.

The market power of a monopoly affects both consumer and producer surplus as a firm is able to earn positive economic profits, and as it is a monopoly, other firms are unable to enter their market and cannot lead to competition.

Hence, a firm is a monopoly if it can ignore other firms prices.

To learn more about monopoly here:

brainly.com/question/17001862

#SPJ4

8 0

2 years ago

Assume a company is considering adding a new product line with the following estimated cost and revenue data: Annual sales 6,000

AlladinOne [14]

Answer:

Financial advantage of $76,000

Explanation :

Concentrate on the incremental revenues (including incremental savings) and incremental costs (including opportunity cost) of adding the new product line.

Analysis of the addition of a new product line

Sales and Savings :

Sales (6,000 units × $ 180) $1,080,000

Sales of complementary products $31,000

Costs and Opportunity Costs :

Variable manufacturing costs per unit ($140 × 6,000 units) (840,000)

Variable selling costs per unit ($15 × 6,000 units) ($90,000)

Incremental fixed manufacturing costs ($ 65,000)

Incremental fixed selling costs ($ 40,000)

Financial advantage (disadvantage) $76,000

4 0

3 years ago

Stoneheart Group is expected to pay a dividend of $3.23 next year. The company's dividend growth rate is expected to be 3.6 perc

prisoha [69]

Answer:

$38.45

Explanation:

Data provided

Next year dividend = $3.23

Required rate of return = $12%

Growth rate = 3.6%

The solution of the stock price is shown below:-

Stock price = Next year dividend ÷ (Required rate of return - Growth rate)

= $3.23 ÷ (12% - 3.6%)

= $38.45

So, we have solved the stock price with the help of above formula.

7 0

3 years ago

Suppose the government purposely changes the economy's cyclically adjusted budget from a deficit of 0 percent of real GDP to a d

ExtremeBDS [4]

Answer:

(b) Contractionary fiscal policy.

Explanation:

Correct word for the given statement is contractionary fiscal policy.

Contractionary fiscal policy is a type of monetary approach that includes expanding charges, diminishing government uses or both so as to battle inflationary weights.

Because of an expansion in charges, family units have less transfer salary to spend. Lower transfer pay diminishes utilization.

7 0

3 years ago

Stockholders invested $10,000 cash in the business in exchange for common stock. 5 Purchased equipment for $12,000 paying $4,000

nasty-shy [4]

Answer:

1. Dr Cash 10000

Cr Common stock 10000

2. Dr equipment 12000

Cr Cash 4000

Cr Accounts payable 8000

3. Dr Accounts payable 2400

Cr Cash 2400

4.a) Dr Retained Earning 500

Cr Dividend payable 500

b) Dividend payable 500

Cash 500

Explanation:

b.

Cash Common Stock

_Dr_______ Cr_____ Dr______________Cr_____

10000 --- 4000 --- 10000

--- 2400

--- 500

Equipment Accounts payable

Dr____________Cr____ _Dr_______________Cr______

12000 --- 2400 ---- 8000

Retained Earning Dividend Payable

Dr______________Cr_______ Dr__________________Cr___

500 ---- 500 -- 500

Trial Balance

Cash 3100 - 10000 Common Stock

Equipment 12000 - Dividend payable

- 5600 Account payable

Retained earning 500 -

Total 15600 = 15600 Total

3 0

3 years ago