1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KatRina [158]
3 years ago
15

What economic factors are reagent in managerial decision making

Business
1 answer:
oee [108]3 years ago
3 0
<span> each model relies on a number of guess/nference or basic factors that are present in  all decision situations </span>
You might be interested in
John's friend just gave him a pair of concert tickets to see his favorite rock group perform this weekend. Each ticket sells for
Len [333]

Answer:

$80 lost for not working

Explanation:

Opportunity cost refers to the sacrificed benefits as a result of preferring on a particular option over another. As people make choices, the forfeit one option in favor of another. Opportunity cost is the missed value of the next best alternative.

For John, he has a choice between working or going to the concert.  He has two tickets worth $50. Working would mean her twice her regular income, which is $20 per hour. If he works for four hours, his total earning will be $80. If John chooses to go to the concert, he will miss the opportunity to earn $80. The opportunity cost will be the missed $80 that he would have received from working.

6 0
3 years ago
g Marginal revenue product measures the rev: 06_21_2018 Multiple Choice amount by which the extra production of one more worker
Anton [14]

Answer: The correct answer is the first statement.

Explanation: Marginal revenue product measures the amount by wich the extra production of one more worker increases a firm's total revenue.

<u>It is an economic term used to describe the change in total income that results from a unit change of one type of input variable. There are many types of input variables that you can change, such as adding an employee or a new machine.</u>

5 0
3 years ago
1. Companies like Uber, Lyft (one of Uber’s main competitors), and Airbnb (an online marketplace that enables people to lease or
mart [117]

Answer:

Globalization has led to the influx of multinationals in many developing and under developed countries. With the advancement of technology this process has increased and influenced many industries.

Uber is providing convenience to its users to fill the gap between the service provider and service user through a platform

This platform has led to bridge the gap between the user and seller of service.

This convenience can be used not only in the transportation of consumer but can also be used in carrier pick ups. Delivery of foods and mails etc.

It can also be used across industries like in medical industry to provide emergency ambulances. Bridging the gap between medical assistance by providing medical services through apps connecting doctors and patients.

It is being used in freelancing industry as well. To provide a platform for provider of service and consumer.

However in entering into different industries the legal aspects are to be considered to avoid any backlash.

5 0
3 years ago
Quality risk refers to the chance that: a.The project relies on developing new or untested technologies. b.The well-being of the
GrogVix [38]

Answer:

The answer is c.The firm's reputation may suffer when the product becomes available.

Explanation:

Quality risk are potential losses due to failure to meet set quality standards.

7 0
3 years ago
To illustrate the benefits of the Dixie Chopper brand lawn mowers to professional landscapers, the salesperson asks prospects to
vladimir2022 [97]

Answer:

The correct answer is:  Showmanship.

Explanation:

Showmanship in marketing implies attracting the target population by doing the very same activity of the good or service offered. Showmanship is usually manipulated somehow to benefit the product being displayed over others so it will look more reliable for potential consumers.

3 0
3 years ago
Other questions:
  • Daniel is the owner of a company that manufactures automobile parts. He owns all the factories of the company and employs 3,000
    5·1 answer
  • How has tobacco use changed over the last few decades?
    13·2 answers
  • People who buy bonds are called?<br> A.Debtors<br> B.owners<br> C.Creditors<br> D.consumers
    9·1 answer
  • The International Property Right Index scores countries based on the legal and political environment and how well property right
    11·1 answer
  • Ralone Corp. manufactures printers. When it launched a new line of laser printers, it also introduced laser toners. None of the
    9·1 answer
  • Discuss why it is important for company managers to understand and use social capital knowledge to help build social ""ties"" am
    12·1 answer
  • Closed the credit balance of $188,000 (from net income) in the retained earnings income summary account.
    6·1 answer
  • Peng Company is considering an investment expected to generate an average net income after taxes of $1,950 for three years. The
    9·1 answer
  • "A corporation has annual sales of​ $18 million, total assets of​ $4 million, a debt ratio of​ 40%, depreciation expense of​ $20
    9·1 answer
  • Why is the quality of standards/services of products usually low for a domestic business?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!