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leonid [27]
3 years ago
10

What does it mean when an economist says that a consumer has demand for a good or service?

Business
1 answer:
FrozenT [24]3 years ago
7 0
Demand means the consumers want the product or service. If there is a demand, companies must supply. "supply and demand"
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Consider a process restringing tennis rackets. The process starts with a unit cost of $10 for the first unit—that is, c(1) = 10—
geniusboy [140]

Answer:

The correct answer is $5.83.

Explanation:

According to the scenario, the given data are as follows:

Cost for 1st unit (C1) = $10

Learning rate (LR) = 0.9

So, we can find the unit cost for 35th unit by using logarithmic approach as follows:

C_{N} = C_{1} N^{b}

Where, C_{N} = C is for cost and N is for number of unit

C_{1} = Cost of 1st unit

N^{b} = N is for number of unit and b is for slope of learning curve.

So, b = (Log of the learning rate) / (Log 2)

So, by putting the value, we get

C_{35} = $10 × 35^{\frac{Log 0.9}{log 2} }

= $10 × 0.583

= $5.83

Hence, the unit cost for the 35th unit will be $5.83.

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3 years ago
A project manager is estimating costs on her video game development project. She utilizes total costs from a similar project tha
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Answer:

A) Analogous Estimation

Explanation:

Analogous Estimation is the process of comparing past costs and expenses of projects to make estimations for the current projects. This is usually used when there is data limitation for accurate estimations on the current projects.

Parametric is where a unit rate is devised to calculate project costs comprising of several units.

Bottom up estimation deals with estimating smaller cost components and then using the sum of these components to make larger estimates.

Option D is based on rough estimates on the time and effort required for a project.

None of the other options thus take into account past work other than the analogous estimation technique.

Hope that helps.

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Ari is a generous employer who truly values his workers. He is constantly praising the work his employees do and finds many ways
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Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a <u>country club manager.</u>

<h3>What is a country club manager's style?</h3>

A country club manager's leadership depicts a manager who scores low on productivity but high on concern for people.

Country club managers are attentive to the:

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  • Harmony of subordinates.

Thus, Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a <u>country club manager.</u>

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2 years ago
. Archie can claim total deductible medical expenses that exceed 7.5% of his adjusted gross income. a. True b. False
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The correct answer is; False, as of 2020.

Further Explanation:

In the previous tax years, 2017-2018, this statement would of been correct. Archie could of claimed his total deductible medical expenses that exceeded 7.5% of his AGI. However, the laws changed for 2019 and this is no longer the correct way to claim medical expenses.

For the 2019 taxes, a person can only deduct any expenses that amount to over 10% of the total AGI per person. The deduction can be figured by taking your AGI and multiplying this total by 10%. The deductions will also have to be itemized before claiming.

Learn more about medical deductibles at brainly.com/question/1845375

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The public relations function can be handled by an internal public relations officer or department or by an external public rela
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The company leaders make the decision of who will handle various public relations activities.

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Public relations specialists work to change how the general public views their clients' brands, reputations, or images. Unlike advertisers, public relations specialists convince for or earn good talk about their clients or organizations.

Public relations experts employ a variety of strategies to achieve their goals and uphold the organization's favorable reputation in the public eye. These strategies can all be employed as a component of an effective public relations plan even if they each have various uses and overlap. When necessary, a skilled, qualified PR expert will make use of all of them or a mix of them.

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1 year ago
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