They run the risk of diluting the firm's ownership. Hope I helped! :)
Answer:
a. Basic business research
Explanation:
The Professor is conducting a basic business research.
Answer:
Gavin's delivery cycle time=11.6 days
Explanation:
The delivery cycle time is the time between when an order from a customer is received and the time the product is actually delivered to the customer. It can be calculated using the formula below;
DCT=W+I+P+M+Q
where;
DCT=delivery cycle time
W=wait time=5 days
I=inspection time=0.7 days
P=process time=2.5 days
M=move time=0.4 days
Q=queue time=3 days
In our case;
DCT=unknown
W=5 days
I=0.7 days
P=2.5 days
M=0.4 days
Q=3 days
replacing;
DCT=5+0.7+2.5+0.4+3=11.6 days
Gavin's delivery cycle time=11.6 days
The supplier because the tax will decrease demand bcause it is elastic.
Answer:
If they set the price of each ticket at $50, the profit of the promoters will be of $25,000
Explanation:
Earnings:
1,500 seats sold (1,000 die-hard fans + 500 casual fans) x $50 for ticket = $75,000
Costs: $50,000 (band, lighting, security, etc.)
Profit: $75,000 - $50,000 = $25,000