Answer:
Price would increase, quantity would decrease.
Explanation:
Externalities are extra benefits or harm to other un-involved parties, without any monetary exchange for the same. Extra beneficial are positive externalities (eg - education) , extra harmful effects are negative externalities (eg pollution).
Positive Externalities have extra social benefit apart from private benefit, Negative Externalities have extra social cost apart from private cost.
Private Markets work on private benefit & cost equalisation (ignoring extra social costs/ benefits). Involving extra social cost in the negative externalities accomodates the extra social harmful effect from that commodity, increases its price & decreases its quantity. This caters to discouraging its consumption, owing to the harmful effects. Eg Alcohol.
Similarly in case of positive externality : it would include extra social benefit (beneficial impacts), reduce price & increase quantity - to encourage the positive externality good consumption
Answer:
D) corporate-level strategies.
Explanation:
The six steps in the strategy formulation process are:
- Setting organizations’ objectives
- Evaluating the organizational environment
- Setting quantitative targets
- Aiming in context with the divisional plans
- Performance analysis
- Choose your strategy: As the final step in the process, you should be able to decide the course of action that you want your company to follow, considering the company's strengths, potential, limitations and objectives. You should also pay attention external opportunities and how they can help your company grow and expand.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
She believes people will pay $ 6.50 for a large bowl of noodles. Variable costs are $ 1.95 a bowl.
Woo estimates monthly fixed costs for franchisees at $ 8,400
1) Break-even sales (dollars)= fixed costs/ contribution margin ratio
contribution margin ratio= (price- unitary variable cost)/price= (6.5-1.95)/6.5= 0.7
Break-even sales (dollars)= 8400/0.7= $12,000
2) Franchising:
Franchisees want a minimum monthly operating income of $7,000
Woo believes that most locations could generate $ 26,000 in monthly sales.
Break-even sales (dollars)= (8400+7000)/0.7= $22,000
The minimum monthly operating income for franchises is $22,000.
Answer:
I love the message of this song. Thank you for sharing!
Answer:
Cohort is a subset of customers grouped by shared characteristics.