Answer:
The total surplus from Andrew's sale to Nick is $35.
Explanation:
The total surplus is the sum of producer surplus and consumer surplus.
The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he/she actually has to pay.
While producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he/she actually gets.
Consumer surplus for Nick
= $80 - $60
= $20
Producer surplus for Andrew
= $60 - $45
= $15
Total surplus from generated from Andrew's sale to Nick
= $20 + $15
= $35
$500,000
Break even =(fixed costs - contribution margin)
Contribution margin is Price of item- variable costs ($1- 30 cents/per item=.7)
$350,000/.7 = $500,000
Answer:
D. Data gathering, communication technology, communication methods, and expert judgment are some of the tools and techniques of this process.
Answer:
Pension expense $100,000
Explanation:
The computation of the pension expense for the year is shown below:
Service cost $112,000
Interest cost $64,800 ($810,000 × 8%)
Amortization of prior service cost $6,600
Amortization of net loss $2,600
Less: Expected return on plan assets -$86,000 ($860,000 × 10%)
Pension expense $100,000
In order to ensure that an item never comes up for consideration in the first place, individuals will sometimes try to control the agenda.
As agenda sets out the list of things to be discussed during the meeting, so if anybody wants to hide something then they can do it by controlling the Agenda.
Thus, it is clear from this definition that political action is any activity initiated to overcome opposition or resistance. If there is no opposition, there is no need for political activity.
Finally, leadership is the ability of an individual to elicit a response from others beyond required or mechanical compliance. It is this consideration aspect of leadership that distinguishes it from power and authority.
Learn more about consideration at
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