1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natima [27]
3 years ago
14

Economic models:

Business
1 answer:
Elanso [62]3 years ago
6 0

Answer:

The correct answer is letter "C": Can be useful, even if they are not particularly realistic.

Explanation:

Economic models are real-world phenomena simplified assumptions that allow individuals to have a better idea of how and why economic events take place and provide certain information on how to mitigate their impact if negative.

<em>Those assumptions are subjective since are given by individuals based on their beliefs but most of the time after observing different events and classifying them using different criteria. Thus, the assumptions might not be accurate sometimes but the economic model concluded could be useful still.</em>

You might be interested in
Ramos Company has the following unit costs: Variable manufacturing overhead$15 Direct materials 13 Direct labor 17 Fixed manufac
zhannawk [14.2K]

Answer:

Unitary cost= $56

Explanation:

Giving the following information:

Variable manufacturing overhead $15

Direct materials $13

Direct labor $17

Fixed manufacturing overhead $12

Fixed marketing and administrative $11

Under absorption costing, the fixed overhead is allocated to the product cost:

Unitary cost= direct material + direct labor + variable overhead + fixed overhead

Unitary cost= 13 + 17 + 15 + 11= $56

3 0
2 years ago
Dean, the president of Billing &amp; Credit Company, promises to pay his employee Ewing, who is dangerously obese, $10 for every
Aliun [14]

Answer:

See the explanation below.

Explanation:

The court likely to rule in favor of Ewing.

The reason is that the enough consideration that gives backing to a promise in this case is generally the waiver of a legal right to eat to obesity as requested by the other party.

The evidence that Ewing has lost 154 pounds in weight over the stipulated period is a consideration that sufficient enough under the law. The payment of $10 pound that Ewing has lost is a promise. The fact that Ewing also benefit from the weight loss does not matter.

4 0
3 years ago
​Paul, the HR​ manager, works in the Townsville plant and reports to the plant manager​ there, but he also reports to the corpor
xxMikexx [17]

Answer:

Letter B is correct. Unity of command.

Explanation:

Unity of command is defined as t<u>he importance of respecting hierarchy within an organization.</u> The orders are given by the superiors and the subordinates must comply with them, that is, the orders of those who are at the top of the hierarchy must always be respected and only the superiors are allowed to change them.

When there is a violation of the command unit, several related conflicts can arise, such as lack of consensus among teams, disorganization, failure in the communication process, which negatively impact organizational effectiveness.

4 0
3 years ago
A corporate bond with a 6.5 percent coupon has 15 years left to maturity. It has had a credit rating of BBB and a yield to matur
Scrat [10]

Answer:

Price change in dollars = $104.22

% decrease in price of dollars = 11.13%

Explanation:

We assume the corporate bond have a face value of $1,000

Face Value = $1000

Coupon = 6.5%*1000/2 =32.50

Number of Periods = 15*2 =30

Semi annual rate of BBB bond = 7.2%/2 =3.6%

Price of BBB Bond = PV of Coupons + PV of Par Value =

Price of BBB Bond = 32.50*(((1-(1+3.6%)^-30)/3.6%)+1000/(1+3.6%)^30

Price of BBB Bond = $936.43

Semiannual Discount Rate for BB bond = 8.5%/2 = 4.25%

Price of BB Bond = PV of Coupons + PV of Par Value

Price of BB Bond = 32.50*(((1-(1+4.25%)^-30)/4.25%)+1000/(1+4.25%)^30

Price of BB Bond= $832.21

Price change in dollars = $936.43 - $832.21

Price change in dollars = $104.22

% decrease in price of dollars = $104.22 / $936.43

% decrease in price of dollars = 0.111295025

% decrease in price of dollars = 11.13%

6 0
3 years ago
She has decided to use some of her profits to open a furniture store specializing in furniture made from sustainably sourced woo
marissa [1.9K]

This is an example of market development growth.

<h3>What is market development?</h3>
  • Market segmentation for existing products is identified and developed as part of a growth plan.
  • A development plan focuses on non-buying clients in the segments that are already targeted.
  • Additionally, it aims to reach fresh markets of clients.
<h3>What is custom?</h3>
  • A custom is a long-standing behavior of an individual or group (such as a daily routine) (such as a cultural practice).
  • When used as an adjective, custom designates something created to specific requirements, especially something distinctive.
  • Custom-made is a synonym for it.
<h3>What is market penetration?</h3>
  • When a product or service is successfully sold in a particular market, this is referred to as market penetration.
  • The sales volume of an existing good or service in relation to the overall target market for that good or service is used to measure it.
<h3>What is product development?</h3>
  • New product development in business and engineering refers to the entire process of launching a brand-new product, updating an already-available product, or launching a product in a new market.
  • Product design, along with many commercial factors, is a key component of NPD.
<h3>What is diversification?</h3>
  • Diversification in finance refers to the process of allocating capital in a way that limits exposure to any one specific asset or risk.
  • Investing in a variety of assets can help lower risk or volatility, which is a frequent step towards diversification.

Therefore, this is an example of market development growth.

Know more about markets here:

brainly.com/question/906651

#SPJ4

6 0
2 years ago
Other questions:
  • In a tiny village, on the coast of South America, early inhabitants used sea shells, as money. Some of these shells were very be
    8·1 answer
  • On January 2, 2020, Concord Corporation began construction of a new citrus processing plant. The automated plant was finished an
    7·1 answer
  • Which type of business orientation offers the same basic product to all customers?
    6·1 answer
  • If your organization performs nonroutine tasks in a complex environment and you wanted to empower the managers closest to the en
    10·1 answer
  • Complete the following sentence.
    12·1 answer
  • The FabulousHI Company expects a constant growth in earnings and dividends of 2.5%/year into the foreseeable future. It is expec
    9·1 answer
  • If a stock's market price exceeds its intrinsic value as seen by the marginal investor, the the investor will sell the stock unt
    14·1 answer
  • Terry estimates that the costs of insurance, license, and depreciation to operate his car total $460 per month and that the gas,
    15·1 answer
  • What signs of maturity were shown towards the end of Tall Girl? Movie
    13·1 answer
  • determine the net income of a company for which the following information is available for the month of july. employee salaries
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!