The market price is the current price at which an asset or service can be bought or sold. The market price of an asset or service is determined by the forces of supply and demand. The price at which quantity supplied equals quantity demanded is the market price.
The answer would be C
<span>Salespeople bringing suggestions for a new fast food item to the headquarters of their food manufacturer is an example of: Idea Generation
idea generation refers to developing facts and data into an abstract concept that will lead to an idea. This is the step that salespeople need to solve before they can move to constructing that abstract concept into an executable idea.
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Answer:
Negative linear
Explanation:
Negative linear is when two variables move in the opposite direction. Movement by one variable causes the other to move in the opposite direction. Negative linear is similar to an indirect relationship between the variable. For Bungerjoy, the variables are price and sales of hamburgers.
An observation has been made that if the price of hamburgers decreases, the sales increase. Changes in the price of the hamburgers will result in sales moving in the opposite direction. Positive linear correction is when two variables move in the same direction.
Answer:
Optimal production quantity for the Tiptop model pen is 7.5 lot
Explanation:
Say, X and Y is the is the fliptop and tiptop quantity respectively, then
Profit = 1000*(X + Y)
Objective function: Maximize 1000*(X+Y) subject to;
Eq:1 3X+4Y=< 36
Eq:2 5X+4Y=< 40
Eq:3 5X+2Y=< 30
Using Excel Solver, we get:
Optimal production quantity for the Tiptop model pen is 7.5 lot
One of the most common mistakes new business owners make is C. setting unrealistic goals
As a new business owner, you have to determine your goal for your business which is achievable.