Available Options Are:
A. 401 units
B. 294 units
C. 441 units
D. 305 units
Answer:
Option C. 441 Units
Explanation:
The first thing would be to analyze the situation. It is crystal clear in the Accessibility Elite table that the accessibility of Digby products are 2nd largest among the rival companies.
Now we will look at whether the company has taken advantage of its second largest accessibility position or not. This can be seen in Actual Vs Potential Market Share table. The units produced were sold in the year which means that the accessibility of the product is even more than its rivals as the market share captured in the year by Digby is above 40%. This means that their is an increased demand for Digby's Product. This can also be seen by segment growth rate in the Elite Statistics (Top Left Corner) which is anticipated to be at 16%.
All these things says that Digby must produce as much as possible, hence quantity would be a greater number.
Answer:
individuals will tend to become free riders, and private firms will have difficulty generating enough revenue to produce an efficient quantity of the good.
Explanation:
A public good is a good that is non excludable and non rivalrous. Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue
The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.
Because a public good is non-excludable, the problem of free rider increases so private firms would be unable to generate adequate revenue
Answer:
From guided notes reading of 7 skills to make mill$ :
This book focuses on __soft_______ skills or behavioral ___competencies________.
Explanation:
Brooks Harper's "7 Skills to make mill$" is a motivational book which urges students to perform at their best during their school days so that they can be prepared for the work life. In a very unique manner, Brooks hampered on the importance of the seven skills, which he described with the acronym DOLLARS. These include Diligence (hard work pays), Organization (Be your CEO, developing your GPA as your Goal, Plan, and Action and not just Grade Point Average), and Leadership (by making a difference). Others include Learning (replacing ignorance with education), Accountability (Your name = Your Brand; enhance or diminish it), Relationship (a warning to mind your company), and lastly Speaking (the articulation of ideas to others). These are the keys to success in life, which must be developed during school days.
Answer:
The higher the price, the higher the producer's profits. Your needs and wants are unlimited. If heavy competition for a product keeps its price low, businesses will be very motivated to offer the product for sale.
