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3 years ago

What kind of table lists the quantity of a good that a person will buy at different prices?

1 answer:

8 0

The kind of table which lists the quantity of a good that an individual person will buy at different prices is the market demand schedule.

Explanation:

A market demand schedule, is therefore a table of lists that lists the quantity of a good that a consumers will buy at every different prices in a market. A market demand schedule, thus, for a product, indicates that the relationship between the quantity demanded of the product and the price of the product which is in inverse relationship.

The similar term is the demand schedule which enlist the quantity of the goods or product which is demanded at various prices in the market. The difference lies between the market demand schedule and demand schedule is the process of buying as the quantity demanded and the quantity of goods that will be bought.

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_____ has been defined as the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements

8_murik_8 [283]

Answer: Business process re-engineering

Explanation: In simple words, business process re-engineering refers to the process in which an organisation tries to restructure and change the process or methods of operations for smooth functioning of the business.

It is modern technique that are used by the firms in the industries which have high competition and are strongly interdependent on other firms in the industry.

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3 years ago

Barb is trying to take control of her time by using an online time tracking system that tracks her time spent on tasks and proje

solniwko [45]

Answer:

Habit Loop

Explanation:

Habit Loop -

It is a type of loop , which runs in the brain of the human being , and functions to govern the habit , is referred to as habit loop .

The habit loop has three components , i.e. , reward , routine , and cue .

The proper knowledge of these components enables the person to have command of their habits and can easily remove the bad habits and inculcate the good ones .

Hence , from the given scenario of the question,

The correct term is habit loop .

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3 years ago

Barbara is a producer in a monopoly industry. Her demand curve, total revenue curve, marginal revenue curve and total cost curve

andrey2020 [161]

Answer:

Explanation:

A monopoly will maximize profit at MR = MC ( marginal revenue = marginal cost)72

MR =MC

40 -0.5 Q = 4

-0.5 Q = 4 - 40 = -36

Q = -36 / -0.5 = 72

The price of the her product

Q = 160 - 4P

4P = 160 - 72 = 88

P = 88 / 4 = 22

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3 years ago

Rachel is preparing to open her own raft rental business, cleverly named Rachel's Rafts. She figures out that her fixed costs wi

Arisa [49]

Answer:

selling price= $5

Explanation:

Giving the following information:

Fixed cost= $7,500

Unitary variable cost= $2

Break-even point= 2,500 units

The break-even point is the number of units to sell to cover the fixed costs. At this level, net income is zero.

So given the costs structure and 2,500 units to sell, the selling price that provides the break-even point is:

Break-even point in units= fixed costs/ (selling price - unitary variable cost)

2,500 = 7,500 / (selling price - 2)

2,500selling price - 5,000 = 7,500

2,500selling price = 12,500

selling price = 12,500 / 2,500

selling price= $5

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2 years ago

Yard Tools manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and unit contribution margin are as follows. Sal

Korvikt [17]

Answer:

Results are below.

Explanation:

To calculate the break-even point in units, we need to use the following formula:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Weighted average contribution margin= 0.2*33 + 0.5*22 + 0.3*41

Weighted average contribution margin= $29.9

Break-even point (units)= 4,544,800 / 29.9

Break-even point (units)= 152,000 units

Now, for each product:

Lawnmowers= 0.2*152,000=30,400

Weed-trimmers= 0.5*152,000= 76,000

Chainsaws= 0.3*152,000= 45,600

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3 years ago