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Softa [21]
3 years ago
11

Industries are defined by _____.

Business
2 answers:
Serga [27]3 years ago
8 0
A. What they produce

goldfiish [28.3K]3 years ago
3 0

Answer: A. What they produce

Explanation:

Industries are known to be group of companies which deal with the production of goods (products) and services. They make raw materials to pass through the production process and change them to specific goods. Also, they are categorized according to what they produce. For example: phone industries produces phones, pharmaceutical industries deal with the production of drugs, textile industries produces cloth and so on. Thus, these industries can be established by private sector or public sector.

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A landowner in Texas is offered $200,000 for the exploration rights to oil on her land, along with a 25% royalty on the future p
Shtirlitz [24]

Answer:

b. She should develop herself as the EMV of developing is $1.125 million, which is higher than the EMV of selling.

Explanation:

The probability of discovered oil = 0.25 (25%)

Selling the exploration right= Selling Price + Probability of discovered oil × Royalty% × Future Profit

= $200,000 + 0.25 × 0.25 × $7,500,000 = $668,750

Developing = Probability of finding the oil × Future Profits - Cost of Well

= 0.25 × $7,500,000 - $750,000 = $1,125,000

= $1.125 million

Therefore the EMV for selling the exploration rights is less than the developing, the landowner will develop the site by his own.

4 0
3 years ago
There are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the f
Softa [21]

Based on efficiency, the businesses that should cut hair are the A and C; moreover, to meet the demand, each firm will need to offer at least two haircuts.

The supply of a product or the units of a product that is offered to potential customers should always meet the number of real customers. In the same way, the price of the product should meet the price customers are willing to pay.

In this context, the best is that only firm A and C cut hair, this is because their prices per cut ($25 and $30) match the consumers' willingness to pay this includes Lorenzo ($35), Gilberto ($50), Juanita ($40) and Neha ($25).

  • Firm A can cut Neha's and Lorenzo's hair
  • Firm C can cut Gilberto's and Juanita's hair

Moreover, this implies each firm needs to do at least 2 haircuts to cover all the possible customers.

In the case of firms B and D, the price per cut is high ($40 - $45). Based on this,  they should not cut hair as only a few customers can pay for this service, and this would be inefficient.

Learn more in: brainly.com/question/13225200

4 0
2 years ago
Which statement is FALSE? Select one: a. Diluted EPS is never higher than Basic EPS b. Use of the "Treasury Stock Method" determ
7nadin3 [17]

Answer:

big pp

Explanation:

very small pp

6 0
3 years ago
QUESTION 5 of 10: Since you rely on your parent/guardian for your food, shelter, and clothing, you are considered:
Nookie1986 [14]

Answer:

C) A dependent

Explanation:

You depend on other people for what you want

Depend = rely = same thing different way that it is written

You are depending on your parent/guardian for food, shelter, and clothing.

d is incorrect because you are not being independent, since you are not doing it yourself

Resourceful, nahh.

Lucky...how is that considered lucky, I mean yh ur lucky you have them but in this case no

Hope this helped!

Have a supercalifragilisticexpialidocious day!

4 0
2 years ago
Read 2 more answers
Is it customary for a feeder fund to be able to keep all client fees
Karo-lina-s [1.5K]

Answer:

It is customary for a feeder fund to keep all client fees

Explanation:

3 0
3 years ago
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