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3 years ago

Price in a perfectly competitive industry: Select one:_____

Business

1 answer:

lapo4ka [179]3 years ago

4 0

Answer:

The correct answer is option b.

Explanation:

In a perfectly competitive market or industry, the firms are price takers. The price is determined by the market forces of demand and supply. The individual firms will face a horizontal line demand curve.

This horizontal line represents the demand curve, price line, average revenue, and marginal revenue. The profit is maximized when the marginal cost and marginal revenue is equal to price.

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Typical housing lease may require a tenant to

Oxana [17]

There is a lot of things that a typical lease might include such as

1. Do not remodel, whether it be construction or a paint job without consent from your landlord
2. Pets are either not allowed, only certain pets are allowed, there would be limit to how many pets you coukld have or there will be a fee per pet.
Also, sometimes bully breeds are completely prohibited.
3. Create a payment plan prior to moving in

those are just a few. lemme know if u need more examples! hope i helped

5 0

4 years ago

The annual master budget file includes the ______ from last year because it is needed for the schedule of expected cash collecti

Brut [27]

Answer: we’re are the choices

Explanation:

6 0

3 years ago

A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads,

sertanlavr [38]

Answer:

Ans. Multifactor productivity (per dollar of input) = 1.9385

Explanation:

Hi, in order to find the multifactor productivity (per dollar of input) , we have to use the following equation.

$MP=\frac{GeneratedFees}{Labour+Materials+Overhead}$

So let´s find out the amount of each of the items in the equation.

Generated fees.

There are 3 employees and they find 3,000 potential leads every week, but only 4% actually sign up fo that $70 fee. That is:

3(employees)*3,000(leads)*0.04(ratio Effective leads)*$70(fee)=25,200

So the output or generated fees are 25,200.

Input.

Our inputs are: Labour+Materials and Overhead, materials are $1,000, Overhead is $9,000 and Labour is 3 emplyees, working 40 hours at $25 per hour per employee, that is: 3*40*24= $3,000.

Now, we have all we need to use the first equation.

$MP=\frac{25,200}{3,000+1,000+9,000}= 1,9385$

Best of luck

8 0

3 years ago

Business process management applies only to commercial, profit-making organizations.

GalinKa [24]

False. Business process management applies to commercial, nonprofit, for-profit, and government entities.

Discovering, modeling, analyzing, measuring, improving, and optimizing business processes are all aspects of business process management. Businesses have processes in place to ensure that their strategies are effectively implemented throughout all levels of the organization. Structured and repeatable processes are one type, while unstructured and unpredictable ones are another.

Since the roles, regulations, strategies, and objectives of businesses and other entities it embraces are always evolving, business process management is an expansive field that is also inherently dynamic. Several optimization approaches, including as Six Sigma, lean management, and Agile, have found a home in business process management over the years.

Some firms' business processes have grown too huge and complex to be handled without the help of automated tools, therefore vendors of business process management software have stepped in to facilitate widespread organizational transformation. Progress in artificial intelligence (AI) has in turn fueled the development of new Business process management tools that make it easier to find, create, measure, enhance, and automate processes. business process management, which has traditionally focused on back-end procedures, has expanded to also encompass the optimization of customer and employee interaction systems in response to the advent of digital business.

To know more about business process management refer here:

brainly.com/question/15698916

#SPJ4

4 0

1 year ago

A company manufactures three products using the same production process. The costs incurred up to the split-off point are $201,9

Gwar [14]

Answer:

Products D and E should be processed further while product F should be sold at the split off point

Explanation:

Product D E F

$ $ $

Sales at the split off point 10.30 11.40 19.80

Sales after split off point 14.90 15.80 22.20

Additional sales per unit 4.6 4.4 2.4

Units sold(units) ×4540 × 6,410 ×1750

Additional sales revenue 20,884 28204 4200

Further processing cost (14,824) (20,554) (7,520)

Incremental income or (loss) 6,060   7,650  (3320 )

Products D and E should be processed further while product F should be sold at the split off point

3 0

4 years ago