Answer:
More than $1500 price per car per month has to be dropped.
Explanation:
Given:
price per car = $20,000
car sale per month = 40
rate of increase in demand = 3
Solution:
Revenue R = Price × Quantity = P * Q
From the above given data
P = 20,000
Q = 40
R = P*Q
dQ/dt = 3
We have to find the rate at which the price is to be dropped before monthly revenue starts to drop.
R = P*Q
dR/dt = (dP/dt)Q + P(dQ/dt)
= (dP/dt) 40 + 20,000*3 < 0
= (dP/dt) 40 < 60,000
= dP/dt < 60000/40
= dP/dt < 1,500
Hence the price has to be dropped more than $1,500 before monthly revenue starts to drop.
<u><em>Answer:</em></u>
<u><em>Mixed economy</em></u>
<u><em>Explanation:</em></u>
There are three types of Economies:
<u><em>Command Economy:</em></u>
An economy where price and products are controlled by the government. It is very commonly seen in communist countries, like China or Vietnam.
<u><em>Free market:</em></u>
An economy where the government has little to no control. However, a perfect free economy doesn't exist anywhere, and is just a concept.
<u><em>Mixed Economy:</em></u>
An economy where the market is controlled by both the people/consumers, and the government. America is a mixed economy. Individuals are allowed to own property with little government intervention. However, the government has a lot more control over other sectors of the market.
<u><em>So, to answer the your question, because the Mixed economy is controlled by the government and the poeple, it is the answer.</em></u>
Answer:
The productivity increase by 48.83%
Explanation:
old
60 units for 5 workers
5 x $12 = 60
material $16 x 60 = 960
overhead: 60 x 1.6 = 96
total revenue 60 x 31 = 1,860
total cosT: 60 + 960 + 96 = 1,116
productivity index_ 1,860 / 1,116 = 1,667
<em><u>now:</u></em>
output 60 + 25% = 75 units
6 workers x $12 = $72
materials $10 x 75 units = $750
overhead: $72 x 1.6 = $115.2
total revneue 75 units x $31 = 2,325
total cost: 75 + 750 + 115.2 = 940.2
productivity index_ 2,325 / 940.2 = 2,4728
percentage of improvement: ( it is calculate like a return on investment)
(2.4728 - 1.667) / 1.667 = 0.4883 = 48.83%
Answer:
making loans
Explanation:
Commercial bank is the bank where the most of the people do their banking. Here the money is to be provided and the interest is also earned from such loans like mortgage, auto loans, business loans, personal loans, etc
Therefore as per the given situation, the commercial bank would earned by the money by providing the loans or making the loans
Hence, the first option is correct
Answer: b.the principles of management are much the same at large and small firms.
Explanation:
Quinn will find that Management Principles do not discriminate against different sizes of firms and that the principles that work in one size can work across ALL sizes.
She will find that the same Principles that helped her in her big NGO will help her JUST AS WELL in this small but pioneering business.
