Answer:
$15 per hour
Explanation:
In order for a profit maximizing firm to operate in a competitive market, the marginal revenue product (MRP) must be equal to the marginal cost (MC).
MRP = 1.5 oil changes per hour x $10 per oil change = $15
since MRP = MC, then Linda should pay her worker a maximum of $15 per hour.
No option is even close, they are all over $500 and that is way off limits.
Answer:
c
Explanation:
if you don't have enough to sell you lose sales.
You also lose selection and can also not have what a customer wants so that would leave in customer disappointment.
then you could also not have alot of money to pay your workers which would possibly result in worker layoffs
Answer:
C) competitive <u>analysis</u>
Explanation:
A competitive analysis is a business plan part which reflects on the key competitors of our business (their key characteristics which are relevant for our business plan or product in general).
In this example, Robert would bring out the key characteristics of the construction industry (industry trends, industry segments etc.) and list out the relevant competitors and their potential <em>competitive advantage</em>. If Robert's company is a construction business specialized in skyscraper building in LA, he would list construction companies specialized in high-rise building located in California.
With the aid of a proper competitive analysis, Robert will be able to point out the business areas where it is possible to surpass our competitors. For example, when Robert decomposes the product features of the ABC competitor company - materials used, project cost, project length, skyscraper portfolio, only then he is able to see what specific area in his company needs improvement.
On the other hand, an <em>executive summary</em> is a short description of our business goals, key financial indicators, strategies and forecast. It possesses summarized key information, similar to a pitch.
Answer:
B. a finance professor who knows a lot of investment theory
Explanation:
The efficient market theory can be regarded as efficient market hypothesis, it is one that stressed that
all information are been reflected by
share prices. It also state that there is possibility of alpha generation.
Answer:
The seller must be informed when the offer is presented that the depositis a promissory note
Explanation:
A good faith deposit is one that is done by a buyer in which conditions are stated that could result in the loss of deposit by the buyer.
It is a deposit made by the buyer to show he intends to complete the payment later.
In this instance if there is a Goodwill deposit in form of a promissory note, the broker needs to be aware.
So that when he is bringing in a client he will consider the already existing deposit.
Deals that offer more deposit or full payment will be considered and the original buyer discarded.
