Answer:
$1350
Explanation:
To find dead weight loss we will take into consideration the price and output level of both monopoly and perfect competition.
Dead weight loss = {(P2 - P1) * (Q1-Q2)} / 2
Where, P2 and Q2 are price and quantity respectively of monopolist and P1 and Q1 are price and quantity respectively of perfect competiton.
Dead weight loss = {(130-40) * (60-30)}/2
= (90*30)/2
= $1350
Lisa's Pizza is trying to compete with the larger Domino's Pizza down the street for customers. Lisa here is trying to practice operations management.
More about operations management:
Operations management is a branch of management that focuses on planning, organising, and redesigning the production process for goods or services as well as business operations.
The management of business procedures to achieve the best level of productivity within an organisation is known as operations management (OM). In order to increase an organization's profit, it is concerned with transforming resources like labour and materials into products and services as effectively as feasible.
Teams in charge of operations management strive to produce the maximum net operational profit by balancing costs and revenues.
Learn more about Operations management here:
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Randy now listens to the books on tape. randy is using Selective optimization with compensation in order to participate in the book club. It is<span> a strategy for improving health and well being in older adults, it is also a model for successful ageing. Seniors should select and optimize their best abilities and most intact functions while compensating for declines and losses. </span>
Answer:
The correct cash balance that should be reported in the company's balance sheet at the end of the year is $3,800
Explanation:
The computation of the correct cash balance is shown below:
= Bank balance + Deposits outstanding - Checks outstanding
= $8,100 + $4,100 - $8,400
= $3,800
The other items which are given in the question are related to the bank balance. So, we do not consider it in the computation part. It already adjusted to the bank balance. Hence, we ignored it.
Explanation:
No, because economic growth can be described as a phenomenon that is taking place in modern times.
Economic growth began before the industrial revolution in the late 1700s in England, and it was with the technological innovations that occurred with the industrial revolution that there was a greater production facility, speed and greater incentive to consumerism, which generated an economic expansion in the world.
However, it is incorrect to affirm that all the nations of the world experience the same extent of modern economic growth, since each nation is influenced by a cultural and political group, which impacts on innovative decisions and on the conditions of political and social development.
