Answer: It is useful to break the entrepreneurial process into five phases: idea generation, opportunity evaluation, planning, company formation/launch and growth.
Answer:
mixed cost.
Explanation:
The cost to Mohave of using the quality assurance logo would be a mixed cost.
Answer: Contact the top level of the management who is not involve in the ethical conflict
Explanation:
According to the given scenario, an employees of an organization are basically dissatisfied with the various types of resolutions of given ethical conflicts made by the company's supervisors.
On the basis of the institute management accountants, the employees next step is the contact with the top level management and involve them in the decision of an ethical conflicts so that they provide an effective resolution based on the given situation.
Therefore, The given answer is the correct answer.
Answer:
so maximum amount that consumers are willing to pay for the quantity demanded at this price = $168
Explanation:
given data
Q = 20 - P
P = $8
to find out
maximum amount that consumers are willing to pay for the quantity demanded at this price
solution
we get here demand at current market price that is
Q = 20 - P
Q = 20 - 8
Q = 12
and Total expenditure incurred will be at at current market price will be
Total expenditure incurred = Price × Quantity ..................1
Total expenditure incurred = $8 × 12
Total expenditure incurred = $96
and
we get price when Q = 0
Q = 20 - P
P = 20
so now consumer surplus will be here as
consumer surplus = 0.5 × ( Price when(Q = 0) - Current market price) × Quantity ............................2
put her value we get
consumer surplus = 0.5 × ( 20 - 8 ) × 12
consumer surplus = $72
and
now we get maximum amount that is
maximum amount = Current expenditure + Consumer surplus
maximum amount = $96 + $72
maximum amount = $168
so maximum amount that consumers are willing to pay for the quantity demanded at this price = $168
Answer:
Total Income=$16,440
Explanation:
Number of working hours allowed=1,200 hour per year
Amount paid =$6 per hour
Welfare amount, if Bruce does not work=$15,000
If Bruce works, deduction on 1$=$0.60 or 60 cents
Bruce worked per year=600 hours
Required:
Income of Bruce=?
Solution:
Income from working=600*6
Income from working=$3,600 per year
Amount received from Welfare=$15,000- (3,600*0.60)
Amount received from Welfare=$12,840
Total Income=Income from working+Amount received from Welfare
Total Income=$3,600+$12,840
Total Income=$16,440
