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3 years ago

The demand for chocolate chip cookie dough ice cream is likely quite elastic because

Business

1 answer:

Andrew [12]3 years ago

8 0

Answer:

Other flavors of ice cream are good substitutes for this particular flavor.

Explanation:

The other flavor of ice creams is the truly good substitution of Chocolate chips, in the ice cream industry there is a lot of flavors that substitute Chocolate chips So, the Demand for chocolate chips are elastic.

If there is a substitute for any commodity we can say that the other commodity demand is elastic.

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Bertrand is an avid supporter of protectionism. His primary platform is the idea that the United States imports too many foreign

romanna [79]

Answer:

The correct answer is letter "A": The National Security Argument.

Explanation:

According to the National Security Argument, it is a threat to depend on another country for economic sustainability purposes. This point of view proposes that self-sufficiency is the only means of progress for a nation. Exceptional cases such as wars are usually cited with this theory to point out that under those circumstances relying on another country -for fuel, for instance- could represent a big drawback.

6 0

3 years ago

cpas provide assurance on the information for a third party in all of the following situations except

mixer [17]

CPAs provide a guarantee at the statistics for a third birthday celebration in all the following situations except management preparing the department price range for next year.

A licensed public accountant (CPA), however, is a person who has earned an expert designation thru a combination of schooling, experience and licensing.

CPAs are legal to carry out a wide range of accounting services, consisting of accounting, guidance engagement, control advisory, financial advisory, tax, and consulting services; but, no longer all CPAs are legal to signal reports on attest engagements.

It is taken into consideration as one of the maximum difficult checks for obtaining standardized professional credentials. when the countrywide pass price is about 1 in 2, those who will finally need to take the CPA examination ought to use every resource feasible to offer them an area in opposition to an almost 50% fail rate.

Learn more about CPAs here:

brainly.com/question/24538077

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6 0

2 years ago

Calls arrive at Lynn Ann Fish’s hotel switchboard at a rate of 2 per minute. The average time to handle each is 20 seconds. Ther

nataly862011 [7]

Answer:

Part A. Compute the probability that operator of the hotel is busy.

The call arrives at Lynn Ann Hotel at the rate of 2/min.

Therefore, 2 min = 120 customers per hour

Thus, the call is serviced by the operator at a rate of 20 seconds per customer.

Therefore,

P = 180 customers per hour

Probability that the operator will be busy:

P = λ / µ

P= 120 / 180

P = 0.67

Therefore, the probability that the hotel operator is busy is 0.67 hours

Part B. Determine the average time customer must wait:

$W_{q}$ = λ / µ (µ - λ)

$W_{q}$ = 120 / 180(180 - 120)

$W_{q}$ = 120 / 180(60)

$W_{q}$ = 120 / 10,800

$W_{q}$ = 0.011

Thus, the average wait time for the customer is 0.011 hours

Part C. Determine the average number of call waiting:

$L_{q}$ = λ^2 / µ (µ - λ)

$L_{q}$ = 120^2 / 180 (180 - 120)

$L_{q}$ = 14,400 / 180 (60)

$L_{q}$ = 14,400 / 10,800

$L_{q}$ = 1.33

Thus, the average waiting call to be answered is 1.33 hours

6 0

3 years ago

Mello Manufacturing Company is a diversified manufacturer that manufactures three products (Alpha, Beta, and Omega) in a continu

dezoksy [38]

Answer:

Attached are the detailed solution tables for

A) complete the activity rate for each activity is a general question covering so solution starts from B

B) calculation of the activity rate for each activity: shown in the attached table

C) activity cost per unit : alpha = $99.81, Beta = $125.41, 0mega = $175.78

D ) The activity unit costs are not equal across all three products because of different activity bases such as machine hours, setups, parts and inspection hours that also determines the activity cost

Explanation:

A) complete the activity rate for each activity is a general question covering so solution starts from (B)

B) calculation of the activity rate for each activity: shown in the attached table

C) Calculation of activity cost of all products

activity cost of each product = use of product activity * activity rate

production = ($80 * Machine hours of each product )

setup = ( $100 * number of setups for each product )

Material handling = ( $30 * number of parts of each product )

Inspection = ( $50 * number of inspection hours for each product )

Product engineering = ( $280 * number of engineering hour for each product )

Activity cost per unit = total cost of activity of each product / unit produced for each product

D) The activity unit costs are not equal across all three products because of different activity bases such as machine hours, setups, parts and inspection hours that also determines the activity cost

6 0

4 years ago

Assume that the price ceiling is set at 10 million dollars, that the quantity supplied at this price is 2 thousand jet planes, a

Jobisdone [24]

Answer:

since you didn't include the graph, I cannot tell what the producer surplus area will be on the graph, but I can calculate total producer surplus in $:

total producer surplus = (actual price - minimum price that a producer is willing to accept) x total quantity supplied

actual price = $10 million
minimum price = $2 million
quantity supplied = 2 million units

total producer surplus = ($10 million - $2 million) x 2,000 jet planes = $8 million x 2,000 jet planes = $16,000 million

5 0

3 years ago