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ratelena [41]
3 years ago
8

A perfectly competitive firm: A) will budget money to advertise its product. B) can adjust the price of the product so that it s

ells, in order to make more money.
Business
1 answer:
MAVERICK [17]3 years ago
7 0

Answer:

D) has output that is so small, relative to market supply, that it cannot influence the market price

Explanation:

The Perfect competition is that market condition in which it have various characteristics like

1. Large number of buyers and sellers

2. Same or similar products

3. Perfect knowledge

4. Free entry and exist

In this market competition, the output is very small also it is related to the market supply and the market supply does not affect the market price

Hence, the correct option is d.

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What is Design Thinking? (simple definition)
snow_lady [41]
Design thinking is a problem solving protocol that any buisness or profession can employ to achieve big results
8 0
3 years ago
Courtney is a self-employed consultant (a business activity). This year her consulting activity generated $19,500 of revenue and
Sonja [21]

Answer:

Revenue and expenses is recorded on Schedule C

Net income is recorded on front page (line 12) of her individual tax return

Explanation:

Courtney records the revenue of her consultancy or business activity as income and records the expenses of her consultancy or business activity for AGI on her Schedule C. She will record her net income given by the diffence between the revenue and expenses

Mathematically.

net income = revenue - expenses

net income = $ (19,500 - 1,500) = $ 18,000

Her net income of $ 18,000 from her  consultancy or business activity is recorded on the front page (line 12) of her individual tax return

5 0
3 years ago
Kylie has been practicing repeating phrases such as, "I know I don’t wear the latest fashions, but I am comfortable. Surely othe
Alex787 [66]

Answer: Self-affirmations

Explanation:

Here, in this particular case Kylie has been using affirmations that act as the positive statements in order to help her overthrow the self-hindering, sabotaging ,disrupting negative thoughts and ideas. For an individual to use these affirmations, they should first examine the thoughts and attitudes that they would like to change.

7 0
4 years ago
Calls arrive at Lynn Ann Fish’s hotel switchboard at a rate of 2 per minute. The average time to handle each is 20 seconds. Ther
nataly862011 [7]

Answer:

Part A. Compute the probability that operator of the hotel is busy.

The call arrives at Lynn Ann Hotel at the rate of 2/min.

Therefore, 2 min = 120 customers per hour

Thus, the call is serviced by the operator at a rate of 20 seconds per customer.

Therefore,

P = 180 customers per hour

Probability that the operator will be busy:

P = λ / µ

P= 120 / 180

P = 0.67  

Therefore, the probability that the hotel operator is busy is 0.67 hours

Part B. Determine the average time customer must wait:

W_{q} =  λ / µ (µ - λ)

W_{q} =  120 / 180(180 - 120)

W_{q} =  120 / 180(60)

W_{q} =  120 / 10,800

W_{q} =  0.011

Thus, the average wait time for the customer is 0.011 hours

Part C. Determine the average number of call waiting:

L_{q} = λ^2 / µ (µ - λ)

L_{q} = 120^2 / 180 (180 - 120)

L_{q} = 14,400 / 180 (60)

L_{q} = 14,400 / 10,800

L_{q} = 1.33

Thus, the average waiting call to be answered is 1.33 hours

6 0
3 years ago
Good supervisors may act as a ________ channel between employees and management.
poizon [28]
Good supervisors may act as a information channel between employees and management. They communicate directly to a group of workers, without bias and favoritism, supervisors evaluate work output and rate employees performance accordingly. Supervisors provide feedback and updates to managers and higher organization units.
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3 years ago
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