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RUDIKE [14]
2 years ago
13

Suppose the demand function for good X is given by:

Business
1 answer:
fiasKO [112]2 years ago
7 0

Answer:

Explanation:

Q(8) =15 - 0.5 x 10 - 0.8 x 8 = 15-5-6.4=3.6

Q(10) =15 - 0.5 x 10 - 0.8 x 10 =15-5-8= 2

Cross Elasticity = -0.2 / 0.8 = -0.4

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In january 2010 a gallup poll asked a random sample of adults, "in general, are you satisfied or dissatisfied with the way thing
daser333 [38]
<span>This poll talks about the economic progress of the United States where during those times in year 2010 Barack Obama is the president of the country. The poll have given a big difference towards the evaluation on how the economy have a lot of negative effects to citizen of the country that it was before. First is the issue about unemployment many Americans have no jobs, remember that this issue really gives a fall towards economic progress development for it can help generate more potential opportunities specially when it comes to factors that are all in the benefit of people getting employed where the business can gain more with the workforce, second is the health care issues are also one of the factors considered why they are unsatisfied with the economy, the platform and campaigns relating to health issues were not that fully effective, lastly the federal budget deficit in which really imparts a major negative effect on the economy for this is used for many developmental projects for the government's economic stability.</span>
4 0
3 years ago
MC Qu. 116 CWN Company uses a job order costing... CWN Company uses a job order costing system and last period incurred $90,000
ANTONII [103]

Answer:

65%

Explanation:

Calculation to determine its predetermined overhead rate for the next period should be:

Using this formula

OH rate = Estimated overhead next period/direct labor

Let plug in the formula

OH rate = $65,000/$100,000

OH rate = 65%

Therefore If CWN bases applied overhead on direct labor cost, its predetermined overhead rate for the next period should be: 65%

4 0
2 years ago
________ are combating competitive pressures by providing better value with private-label merchandise; adding new value-added se
Evgesh-ka [11]

Answer: Conventional supermarket

Explanation:

Conventional supermarket is a departmentalized food store that has a wide range of food and related products and the sale of general merchandise is limited.

Conventional supermarket started about 75 years ago. The aim of establishing a conventional supermarket is that large-scale operations would lead to higher volume of sales, and low prices.

7 0
2 years ago
Elmer Sporting Goods is getting ready to produce a new line of golf clubs by investing $1.85 million. The investment will result
Tems11 [23]

Answer:

The payback period for this project is 2.43 years.

Explanation:

Elmer Sporting Goods is getting ready to produce a new line of golf clubs by investing $1.85 million.

The investment will result in additional cash flows of $525,000, $812,500, and 1,200,000 over the next three years.

The payback period is the time it takes to cover the investment to be covered by returns.

The investment cost remaining in the first year

= $1,850,000 - $525,000

= $1,325,000

The investment cost remaining in the second year

= $1,325,000 - $812,500

= $512,500

The third year payback

= \frac{\$ 512,500}{\$ 1,200,000}

= 0.427

The total payback period

= 2.43 years

6 0
2 years ago
A Six sigma (6s) approach to quality focuses on preventing defects by using customer feedback to reduce variation and waste. Gro
andre [41]

Answer:

False

Explanation:

Six sigma is a tool used by organizations to improve their processes and reduce defects, to improve quality of their products or services.

<u><em>It focuses on reducing variation in the business processes (from manufacturing, sales, delivery, to customer service), to reduce defects and increase the quality of goods and services</em></u><em>.</em> <em>It also generally improves organizational performance and increases profit.</em>

Six sigma does NOT focus on customers feedback to reduce variation and waste.

3 0
3 years ago
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