Answer:
To maximize income, Kelvin should use 5445 hours to replace 165 shocks.
Explanation:
The number of hours taken for replacing the shocks is 1.5 times higher than replacing the brakes. (1.5 = 33 hours/ 22 hours)
While the income from replacing the shocks is double/ 2 times higher than replacing the brakes (2.0 = $500500/$250250)
It’s viable that replacing the shocks is more effective in term of income compared to hours taken.
If Kevin use his maximum 5,454 hours a week for replacing the shocks, then he can replace 165 shocks and earn $82,582,500.
If the customer resource is unlimited, then it It is better to focus on replacing shocks only.
Answer:
You didn't attach any sentences, so I'm assuming that you want a definition. According to literarydevices.net, "Oxymoron is a figure of speech in which two opposite ideas are joined to create an effect....such as 'cruel kindness,' or 'living death'." I hope this helps.
For a monopolist facing this demand curve, the profit-maximizing quantity is 50 and the profit-maximizing price is $2.
The curve is a payment card that aggregates multiple payment cards via a companion mobile app, allowing users to pay and withdraw from one card. You can 'change the bank card you paid with after each transaction is completed.
The curve allows you to change the card used for a particular purchase 30 days after purchase. This is useful if you accidentally use the wrong card or need to manage your credit limit.
In a simple closed curve, the shape is closed by lines or curves. Triangles, squares, circles, etc. are examples of closed curves. A curve that has the same start and end points and does not intersect is called a simple closed curve. A circle is a simple closed curve.
Learn more about curves here
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Answer:
Yes
Explanation:
A competitive advantage by definition is an attribute that makes a company achieve superior performance compared to its competitors. In the case of Apple, wide range of quality and unique products and services from iphones to macbooks ,Mac OS and the iOS. Their innovative designs have helped in building Apple's brand equity hence achieving high level of trust from customers. Every year, Apple has consistently brought remarkable innovative products that are much different in design and style from those offered by competitors like Samsung.
Answer:
The correct answer is Signaling.
Explanation:
Signaling refers to the activities or investments that individuals must carry out to be able to report that they have certain attributes or convince others of a particular information or fact. In the field of Economics, signage appears in markets where there is asymmetric information. In these cases, a well-informed party is obliged to carry out actions or incur costs that allow it to distinguish itself from others and indicate its attributes.