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cestrela7 [59]
3 years ago
10

Which sequence of letters represents the correct order of the following four steps in the user needs analysis process?A. Underst

and the organization's goals.B. Identify sources of information.C. Investigate alternatives to the current system.D. Make a build-versus-buy decision.
Business
1 answer:
Ludmilka [50]3 years ago
3 0

Answer: The correct answer is " in order A, B, C and D".

Explanation: The sequence of letters that represents the correct order of the four steps in the user needs analysis process is:

  1. Understand the organization's goals.
  2. Identify sources of information.
  3. Investigate alternatives to the current system.
  4. Make a build-versus-buy decision.

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Answer: Equilibrium price is $3 and equilibrium quantity is 40 units.

Explanation:

Demand equation is given by,

Qd= a-bP When P=$5, Qd=30 30 = a – 5b Change in Quantity demanded =  Change in a – (b Change in P) 5 = 0 – b(-1) b=5 So, a = 55

Therefore the demand equation is given by, Qd= 55 – 5P

Supply equation is given by

Qs= c + dP When P=$5, Qs = 50 50 = c + 5d Change in Quantity supplied = Change in c + d(Change in P) -5 = 0 + d(-1) d=5 So, c=25

Therefore, the supply equation is given by,  

Qs= 25 + 5P

Equilibrium is given by

Qd=Qs 55 – 5P= 25 + 5P 30=10P P=$3 And  Equilibrium quantity is, Q= 55 – 5(3) = 55 – 15 = 40 units.

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