Answer:
Switching costs
Explanation:
Switching costs: If there are not many alternative suppliers available, the cost of switching is high. Therefore, buyer power would be low. Backward Integration: If the buyer is able to integrate or merge suppliers, the buyer has greater bargaining power over the existing suppliers.
Answer:
Cost of land = $1,005,000
Cost of building = $4,275,000
Explanation:
The calculation of cost of the land and new building is shown below:-
Cost of land = Purchase cost + Demolition of old building + Legal fees for title investigation and purchase contract - Salvaged materials
= $960,000 + $ 60,000 + 15,000 - $30,000
= $1,005,000
Cost of building = Architects Fees + Construction costs
= $105,000 + $4,170,000
= $4,275,000
Answer:
The answer is: B) Market B
Explanation:
Deadweight loss refers to an economic loss caused by market inefficiencies.
Market inefficiencies occur when supply and demand are not in equilibrium. In market A, the tax will barely affect the equilibrium quantity, so the deadweight loss will not be as large as in market B where the equilibrium quantity will be severely affected.
Answer:
11,513
Explanation:
Data provided in the question:
Initial bacteria = 200
Growth rate r(t) = 
Now,
Total growth after 3 hours = 
or
Total growth after 3 hours = 
or
Total growth after 3 hours =![450.268[\frac{e^{1.12567t}}{1.12567}]^3_0](https://tex.z-dn.net/?f=450.268%5B%5Cfrac%7Be%5E%7B1.12567t%7D%7D%7B1.12567%7D%5D%5E3_0)
[ ∵ 
]
Thus,
Total growth after 3 hours = 400 × ![[{e^{1.12567t}]^3_0](https://tex.z-dn.net/?f=%5B%7Be%5E%7B1.12567t%7D%5D%5E3_0)
or
Total growth after 3 hours = 400 × ![[{e^{1.12567(3)}-e^{1.12567(0)}]](https://tex.z-dn.net/?f=%5B%7Be%5E%7B1.12567%283%29%7D-e%5E%7B1.12567%280%29%7D%5D)
or
Total growth after 3 hours ≈ 11313
Hence,
Total bacteria after 3 hours = Initial bacteria + Total growth after 3 hours
= 200 + 11313
= 11,513
