Answer:
c. 3 loaves of bread for Andy and 1 loaf of bread for John.
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
For Andy, the opportunity cost of producing 1 pound of butter is = 24 / 8 = 3
For John, the opportunity cost of producing one pound of butter is 8/8=1
I hope my answer helps you
Answer:
b. Starbucks did not factor in the international dimension of the external environment
Explanation:
Starbucks was guilty of ethnocentrism because they were negligent in not evaluating or performed inadequate evaluation of the culture of French people and may have assumed erroneously due to preconceptions originating in the standards and customs, that the whole of Europe had the same culture.
Whereas the English and German people could grab a coffee on the go, the French prefer to sit and chat over coffee, and this fact was obviously ignored at the product launch stage.
Answer:
$968,926.23
Explanation:
The formula for calculating future value = A x (B / r)
B = [(1 + r)^n] - 1
R = interest rate = 12%
N = number of years 65 - 29 = 36
(1.12)^36 - 1 = 58.135574
$2000 x (58.135574 / 0.12) = $968,926.23
Answer:
6% = 4500
5% = 3500
Explanation:
wo equations can be derived from the question
x + y = $8,000 equation 1
0.05x + 0.06y = $445. equation 2
x = amount invested in 5%
y = amount invested in 6%
multiply equation 1 by 0.05
0.05x + 0.05y = 400 equation 3
subtract equation 3 from 2
0.01y = 45
y = $4500
substitute for y in equation 1
8500 - 4500 = 3500
Answer: obtain verbal commitments, as people often feel obligated to follow through with promises they make with others.
Explanation:
A coalition involves two groups of people coming together to join resources and ideas to achieve a common goal.
A form of agreement should be done before undergoing a coalition: The agreement which could be verbal or written is done to give the parties to the coalition a form of commitment to it.