Answer:
2.12, rounded up to 3
Explanation:
To solve the equation, we first need to set up an equation.
Let x represent the number of scarves. We want one side of the equation to be the amount earned and the other to be the cost
45x is how much they earn since each scarf is $45
70+12x is how much they cost for rent and production
45x=70+12x
Subtract 12x from both sides
33x=70
Divide both sides by 33
x=2.12
It says we should round up so 3 scarves to break even
Answer:
b. the price of a good will eventually rise in response to an excess demand for that good.
Explanation:
As more people are willing to purchase the good the price will rise. Because, the supplier can offer up to certain amount given their current production factors thus, this increase in demand is met with an increase of price. In the future this increase in price which generates more producer surplus will make more company’s invest in the business or the current ones will develop new ways of production to produce more and therefore; lowering the price.
Answer:
Cost the lower the demand
Answer:
It has the ability to reach large audiences in a relatively cost-efficient manner.
Explanation:
Television is one of the medium used for advertising products by the sellers or the distributors or the suppliers. It is one of the mass media of advertising a product or service covering a large number of people at a particular time.
Since a cost incurred on an advertisement is just once in a few years moreover the same digital advertisement can be shown to a large or mass number of people at the same time thus proving that advertisement through television is cost effective or efficient as well.
Answer:
Business Optimization
Explanation:
Business optimization refers to the procedure of evaluating an enterprise's effectiveness, competitiveness and success and seeking ways of improving that behavior. It is considered a natural methodology of administration which can be seen as a practice of calculation, change, and measurement.
In other words, Business process optimization refers to the method of enhancing procedures by growing the operational performance. This is a part of business systems integration (BPM) framework. Integrated processes contribute to business objectives which are optimized.