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Anit [1.1K]
3 years ago
5

An isoquant is a curve that shows A. all the output levels that can be produced from a given set of inputs. B. all the combinati

ons of inputs that cost the same total amount. C. the optimal combination of inputs to use to produce any given level of output. D. all the combinations of inputs that yield the same total output.
Business
1 answer:
Alenkasestr [34]3 years ago
3 0

Answer:

The correct answer is (d)

Explanation:

There are two basic sides in the market, the consumers and the producers. In order to identify the combination of outputs that provide the same level of the utility indifference curve is used. On the other hand, in order to identify the combination of inputs which gives the same level of output is represented by isoquant. It represents a constant quantity of output

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A large-scale bakery is laying out a new production process for its packaged bread, which it sells to several grocery chains. It
Nataliya [291]

Answer:

840 breads size oven.

Explanation:

According to Little's law,

Inventory = flow rate × flow time

Inventory (I) is the number of flow units that are currently handled by a business process.

I= unknown

Flow rate (R) is the number of flow units going through the business process per unit time.

R= 4200 breads per hour or 70 breads per minute (4200/60)

Flow time (T) is the amount of time a flow unit spends in a business process from beginning to end.

T= 12 minutes.

Inventory = flow rate × flow time

Inventory = 70 breads per minute × 12 minutes

Inventory = 840 breads size oven

Therefore, for the company to produce 4200 breads per minute, 840 breads size oven is required.

4 0
4 years ago
On September 1, Capitol Maintenance Company contracted to provide monthly maintenance services for the next seven months at a ra
Aleonysh [2.5K]

Answer:

Debit Unearned Revenue, Credit Service Revenue for $9,200

Explanation:

Date      Account Titles                      Debit     Credit

Sept 1    Cash                                     $16,100

                   Unearned service revenue           $16,100

Dec 31    Unearned service revenue $9,200

                     Service Revenue                          $9,200

                     ($2300 * 4 months)

5 0
3 years ago
Definition of pre customer contact​
Alinara [238K]

Answer and Explanation:

As the name suggests the pre customer contact means contacting the customer before selling the product so that the firm could able to find out the requirement of the customer what he or she needs

The firm has the responsibility to provide the information about their products and services so that the customer could able to decide what he or she actually wants

After the selling the person could become the customer

8 0
3 years ago
Match the association type with the person that best fits the description: opportunistic association a. your favorite teacher b.
wariber [46]

I believe the answer is: d. the man you met while walking your dog

Opportunistic association refers to an association that is formed that you met by small chance when you are doing your daily activities. Meeting that specific man when walking your dog could only occurs in small chance if you both somehow decided to pass the roads at the same time.

8 0
3 years ago
Read 2 more answers
As Markel drives buy a local restaurant, he realizes that he hasn’t eaten all day and is famished. He stops at the restaurant, a
DochEvi [55]

Answer:

1. low- involvement decisions may sometimes enable consumers to skip steps in the consumer decision making process.

Explanation:

Consumer decision making process includes all the steps between consumer's generation of needs/wants and final purchase of the product.

The process comprises of below mentioned 5 stages:

  1. Need recognition : whereby a need is generated
  2. Search for information so as to identify products satisfying such needs
  3. Evaluation of all available alternatives i.e assessment of all available products satisfying a need and selecting the best alternative.
  4. Purchases , the stage wherein the consumer buys the selected product.
  5. Post purchase evaluation, i.e the stage when consumer evaluates whether he made the right purchase decision.

In the given case, the consumer realized that he hadn't eaten at all during the day and thus instantly stopped at a restaurant, made a regular purchase of a burger without caring for the menu or set of other available alternatives.

Here, the investment decision related to a meal, being a low cost decision and occurring in a famished state. So consumers while making such low cost decisions may not find going through the menu and spending much time in deciding as worthwhile and in short will likely skip steps in the consumer decision making process.

3 0
3 years ago
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