Answer:
The price of a Dinner= $6.22
Explanation:
<em>Mark-up is the proportion of the product cost which is expected to be made as profit. In other words, it is profit expressed as a percentage of product cost.</em>
To account for the spoilage rate of 10%, $3.50 unit cost would be consider as 90% of the cost. Thus, 100% of the cost would be given as follows:
Dinner cost = 100/(100-10)× 3.50= 3.89
The price of a Dinner = product cost + 60% of product cost
The price of a Dinner = 3.89 + 60%*3.89= $6.22
The price of a Dinner= $6.22
Yes. Collective bargaining is negotiation of wages working conditions by an organized group of employees (often called a union). The union representatives meet with the employer/employer's representatives to negotiate terms.
Answer:
At equilibrium demand is equal to supply therefore
Qd=Qs
50-2P=3P
By collecting like terms
50=3P+2P
50=5P
P=10
THEREFORE equilibrium price is 10
Explanation:
Answer:
driven,passion
The main problem is that Jason is not . DRIVEN , energetic enough to succeed in the manufacturing business because he lacks PASSION for it.
Explanation:
Check the question here;
Which problems does Jason seem to face as an entrepreneur? Jason currently runs a small manufacturing business. Jason’s parents, who ran the business for years, handed over the business to their only son two years ago. However, Jason is not interested in his family business, and his performance as an entrepreneur has been very poor. The main problem is that Jason is he's not 1. competitive 2. driven 3. energetic enough to succeed in the manufacturing business because he lacks the 1. passion 2. creativity 3. determination for it.
✓The main problem is that Jason is not "driven"
To be successful as entrepreneur, one must be driven, a goal-oriented, portrait some consistent set of personality traits, one must be able to set goals and be driven by it in order to be successful, and thsese are what Jason lacks,
✓Jason is not energetic enough to succeed in the manufacturing business because he lacks the " passion"
Passion is the compelling or strong feeling for particular thing/work/entities. It gives some inner energy to someone towards acheiving his goal. This is what Jason lack that made him not to succeed in his manufacturing business.
