Answer:
$190
Explanation:
The equilibrium price of the lawnmower can be deduced from the graph ; it is the point of intersection of the orange and blue line ; which is the intersection point if the supply and demand line. The price axis is located on the vertical y-axis. This intersection point when traced to the left of the graph gives the equilibrium price. Hence, the equilibrium price as obtained from the graph is about $190
The term used to describe a situation in which markets do not allocate resources efficiently is market failure.
In terms of economics, market failure refers to a situation where there is an inefficient allocation of products and services on the open market. The individual incentives for rational behaviour do not result in rational outcomes for the collective in a market failure.
When people act in their own best interests rationally, the result is often subpar or economically inefficient. This is known as market failure.
Explicit markets, also known as usual markets, are those in which commodities and services are bought and sold outright.
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Answer:
<u>Senior management, middle management, and operational management.</u>
Explanation:
Senior management: The highest level of management present in a company. It is made up of a team of people with high power in the decision-making process and responsibilities that include the creation and implementation of a strategy that contributes to organizational success.
Middle management: Corresponds to the intermediate level of management of an organization, corresponds to a semi-executive position because it has direct influence on the culture of the organization and are able to answer for the organization, line managers, employees and customers. They are hierarchically subordinate to executive management and responsible for "expert" or "team leader" line managers.
Operational management: It is the organizational area whose main objectives are the planning, organization and supervision of production, manufacturing and service provision. Responsibilities are to ensure efficient operations and resource utilization so that customer requirements are met.
Answer:
internal rate of return is 20.463%
Explanation:
given data
Year Cash Flow
1 $48,000
2 $46,000
3 $41,000
equipment cost = $95,000
to find out
Determine the internal rate of return
solution
we consider here internal rate of return is x
so we can say present value of inflows = present value of outflows
equate here
$95000 =
solve it we get
x = 20.463 %
so internal rate of return is 20.463%
Answer:
a) Why is it NOT necessary to weigh accurately the sodium sulfate?
Explanation:
The mass of sodium sulfate is not important to the lab because it is not used in any of the calculations to find the partition coefficient of 9-Fluorenone.