Answer:
True
Explanation:
A more precise way to describe the situation is that Joe's pizza parlor is a monopolistic competition. But that definition considers that all 'food' items have some degree of close substitute relation.
But yes, if you consider this two conditions:
- a broad definition of monopoly
- other restaurants are not considered close substitutes for the food sold at the pizza parlor
Then yes, Joe has monopoly
Answer:
Life cycle assessment
Explanation:
Life cycle assessment is a technique that is used to analyse the environmental impacts of products from the design stage through end life. This assessment technique helps to examine the environmental impacts of products throughout their lives. It consists of 5 stages of material extraction, manufacturing, packaging and transportation, use and end of life. This analysis is carefully designed to effectively estimate the environmental impacts.
Answer:
Option 1 is wrong because in the case of multi-product, breakeven is weighted average which means the sales price will weighted average of sale prices of all the multi-products in the sales mix. If we change the weightings the weighted average costs and selling prices changes and so the contribution changes.
Option 2 is also sligthly wrong because Contribution margin per composite unit decreases if the volume of low contribution margin products increases in the sales mix. This means:
Breakeven Point=Fixed Cost/ Contribution per unit.........equartion 1
If the contribution per unit has been decreased the breakeven will rise.
Its impact depends upon the portfolio of products company is managing. It means it increases breakeven with high effects if the products in sales mix 2 to 3.
Option 3 is 100% right because equation 1 is
Breakeven Point=Fixed Cost/ Contribution per unit
Which says
If the contribution per unit has been decreased the breakeven will rise.
Option 4 is absolutely wrong because if we shift to higher volume in low contribution margin products, Contribution margin per composite unit decreases if the volume of low contribution margin products increases
which means Weighted average contribution has been decreased and as a result breakeven point according to equation 1 has been incresed.
The director’s collaborator who has various tasks such as taking notes, keeping track of blocking, and communicating with all the members of the production team is the <u>stage manager.</u>
The daily management of a theater production, from dress rehearsals to performances to after-show festivities, is overseen and coordinated by a stage manager.
They set up each team, communicate with the rest of the business, and coordinate with them to make sure production runs well.
In the course of the rehearsal process, the stage manager is in charge of the following:
- forming relationships with all team members
- keeping daily diaries and reporting
- taking notes, observing, and blocking
<h3>What is definition of decision making?</h3>
Making a choice involves reaching a conclusion; it is a process that results in a final decision, which may or may not lead to action. Making up one's mind is a necessary or active process.
Learn more about managers:
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Answer:
A. When GDP falls, unemployment rises.
Explanation:
