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WARRIOR [948]
3 years ago
9

When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, t

he cook is taking part in a
Business
1 answer:
gulaghasi [49]3 years ago
7 0

Answer:

Transformation process.

Explanation:

When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a transformation process.

A transformation process can be defined as the capabilities possessed by an organization, which are then integrated into technology, internal processes, and management, for the singular purpose of converting inputs into outputs in order to meet the needs or requirements of their customers.

In this scenario, the cook uses raw meat as an input in the creation of an output, which is the restaurant's Super Burger Special.

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How supply and demand work together to reach the equilibrium price in the marketplace? Please give at least a paragraph. Thank y
grandymaker [24]

Answer

Before I answer this question, you must note that the equilibrium price is created by both the amount supplied of a certain product as well as how much "customers" there are (or the amount that is bought in all).  This however, is usually not taking account any potential competitors.

For example, let say that the price in creating the product (or buying) is $15. This means that right now, the company loses $15 for one of the products. To make a profit, the selling price must be >$15. However, (unless they are a monopoly, such as, for example, electrical companies) there are competitors that they must fight with to get customers. Of course, there are other things that can affect the price, depending on the demographic and area.

So how does supply and demand affect the equilibrium price? The limits of the supply & the amount of demand would help determine the price by the amount of people buying and the supply of the product.

~

6 0
3 years ago
Read 2 more answers
Answer a= Three important factors are as below= The Indian economy was facing the problem of economic slow down that caused the
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7 0
3 years ago
Refer to Pure Training, Inc. If clients (the business owners) were asking for workshops to allow their customers to listen to au
Alexandra [31]

Answer:  Podcast

Explanation: In simple words, podcast refers to a digital audio file that is uploaded on the internet and can be easily downloaded  through a computer or mobile device.

A podcast is used for many purposes like for reading of novels or for educational seminars etc. Sometimes companies also use podcast for advertisements or promotional purposes when the target audience is low in volume and mass media mediums are of no use.

Hence from the above we can conclude that the correct option is B.

5 0
3 years ago
As the Chief Investment Officer for "A Nyce Place to Work" you have been given the opportunity to invest in the Super-Tazer. It
svet-max [94.6K]

Answer:

0.25

Explanation:

Given the following outcomes,

  • Outcome 1: probability (P) = 0.25, return (R) = 0.10
  • Outcome 2: P = 0.50, R = 0.25
  • Outcome 3: P = 0.25, R = 0.40

The expected return on the investment

= (P_{1}*R_{1})+(P_{2}*R_{2})+(P_{3}*R_{3})

= (0.25 * 0.10) + (0.50 * 0.25) + (0.25 * 0.40)

= 0.025 +0.125 + 0.100

Expected return = 0.25.

5 0
3 years ago
Preparing a Sales Budget Patrick Inc. sells industrial solvents in 5-gallon drums. Patrick expects the following units to be sol
Bess [88]

Answer:

Patrick Inc.      

Sales Budget    

For the First Quarter    

January February March Total Quarter 1

Sale Units  41,000   38,000   50,000   129,000  

Average Selling Price per Unit $35.00  $35.00  $35.00  

Sales Value   $1,435,000   $1,330,000   $1,750,000   $4,515,000  

Explanation:

The Sales unit for each month is multiplied by its average sales price for e.g for January (41,000 units × by $35 = $ 1,435,000)

The Quarter totals (Units and sales Values in $) are added up to give the answer under the heading of Total Quarter 1.

The working is also attached with the answer.

Download xlsx
6 0
4 years ago
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