<span>The second team is currently in the requirements phase of their project. In this phase, the team would plan and spell out exactly what is required of the system that they are constructing. This phase comes with heavy input from stakeholders who help define the scope and nature of the project.</span>
Answer: Unilateral contract
Explanation: A Unilateral contract is a form of contract where a promise is made by one party to another, this contract is normally on a condition that the receiver of the promise in the contract would complete some task(s), in order to receive the promise.
Mark made a promise to his staffs in the newspaper newsroom to be fulfilled, if the task was accomplished by anyone. Of which Anna completed the task and claimed the promise by the editor.
When the price at which items are sold exceeds what it costs businesses to produce those goods, there is a producer surplus. The region to the left of the quantity sold, below the price, and above the supply curve is known as the producer surplus.
Consumer surplus is represented by a horizontal line drawn between the y-axis and demand curve and is defined as the region below the downward-sloping demand curve, or the amount a consumer is prepared to spend for certain quantities of an item, and above the actual market price of the good.
Producer surplus decreases when the equilibrium price falls. The producer surplus is intimately correlated with changes in the demand curve. Producer surplus rises as demand rises. Reduced demand results in reduced producer surplus.
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Answer:
- Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff.
- Middle managers are accountable to top management for their department's function. They provide guidance to lower-level managers and inspire them to perform better.
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Answer:
C $ 57,282.803
Explanation:
We solve for a growing annuity at arithmetic increases of 5,000
a1 = 30,000
d = 5,000
r = 0.10
time = n = 10
PV $298,793.72
Now, we calculate the installment of this which is the equivalent uniform annual cost
PV 298,793.72
time 10
rate 0.14
C $ 57,282.803
