Answer:
80, 85
Explanation:
At current price,
Quantity Demanded is less than Quantity supplied
As Qd = 55, Qs = 130
• so market is currently experiencing a surplus, as Qs > Qd
•so to adjust, market price will decrease,
so that Quantity Demanded rise & Quantity supplied falls, till Qd = Qs
• eqm Q = 105
• eqm P = $ 155
As if P falls by 1, then P = 159
Qd = 55+10 = 65
Qs = 130-5 = 125
If P = 158, Qd = 75, Qs = 120
If P = 156, Qd = 95, Qs = 110
P = 155, Qd = 105, Qs = 105
Answer:
All of these.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.
Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.
Over the years, customers have become increasingly anxious about breaches of privacy and compromise of their data by business firms. Thus, it is essential for marketing researchers to;
I. Conceal or hide consumers' addresses (both work and home) and phone numbers when they share information on any platform.
II. They should only share customer information with the sales department for follow-up.
III. Respect and protect the privacy of all of their customers without question or recourse.
IV They should always refer to the company's code of ethics so as to determine what information are permitted to be released for public consumptions.
Answer: C) $1.04/C$1
Explanation:
We define the inflation rate in a certain country as
- a rate at which the value of a currency is falling
- as a result the usual level of prices for goods and services keeps rising.
1 year ago the spot rate of U.S. dollars for Canadian dollars was $1/C$1.
That time inflation rate in US was 4% greater than in Canada.
So, the current spot exchange rate of U.S. dollars for Canadian dollars :
($1 + 4% of $1)/C$1
=($1+$0.04)/ C$1
=$1.04 / C$1
Hence, the correct option is C) $1.04/C$1
Answer:
They would need to have at least 3 computers
Explanation:
According to the given data we have the following:
Arrival rate = 15 persons per hour
Servicing rate = 60 / 10 = 6 persons per hour with one computer
Servicing rate with x number of computers = 6x per hour
Servicing rate at 90% utilisation = 6x (0.90) = 5.40x per hour
Therefore to service 13 arrivals per hour, we will need x computers = 15/ 5.40 = 2.78
With 2 computers, the service capacity will be 12 per hour and the utilisation will be 15/12 = 125%, which exceeds the organiser’s standard of 90% utilization.
With 3 computers, the service capacity increases to 18 persons per hour. If only 13 persons arrive, the utilisation rate will be 15 / 18 = 83.33%, below the required maximum of 90% utilisation.
Therefore, the 2.78 can be rounded off to next whole number 3 computers
Answer:
185 teddy bears are in work in progress inventory
Explanation:
given data
receives order = 250 teddy bears
fabric = 300 yards
ribbon = 200 yards
cotton = 250 pounds
to find out
how many teddy bears can be considered work-in-process inventory
solution
we know that teddy bears to be manufactured is = 250
so finished and this comes under finished goods inventory are
goods inventory = 65 teddy bears
and still in the process is 185 teddy bears
so they needs to undergo further process because the work is still not completed
so we can say that 185 teddy bears are in work in progress inventory
