The Range is the result of subtracting the smallest number from the largest number.
Answer:
The 3 reasons the Lean Canvas model is can be advantageous for entrepreneurs is described below in detail.
Explanation:
Lean Canvas is a preparation process that supports you to get to the center of your approach. It puts everyone on one sheet, supporting you to set out the essential information that you require, without any of the extraneous items. It substitutes elaborate business strategies with a single-page business design.
Answer:
1. This is true because demand in market A is more inelastic which means demand curve and marginal revenue curve are steeper in this market. at any quantity marginal revenue will be higher in market A than in market B
2. This is true because market where demand is inelastic have a higher price. This is because revenue is increased when higher price is charged in market with inelastic demand.
3. This is false/uncertain because when price is higher in market a the quantity will be lower relativity. This is due to the downward sloping demand function in which price is increased quantity will decline.
Explanation:
Answer:$4,750
Explanation:
Taxable amount is given as = Tuition benefits - Excludable amount
where,
Tuition fees benefits by company = $10,000
Employer Tuition Assistance = $5,250 exclusion from income per student Tuition for oneself (Employee) based on graduate or doctoral classes taxed on the dollar amount over and above the first $5,250.00 of tuition benefits paid per calendar year. (source https://www.irs.gov/newsroom/tax-benefits-for-education-information-center)
therefore, Taxable amount = $10000-$5250
Taxable amount = $ 4750
Brady need to include$ 4750 in gross income.
Answer:
(Q, R) = (1555, 1400)
shortage imputed = $0.388
Explanation:
Lot size-reorder point system is one of the multi period models. This system is denoted by decision variables (Q, R). This multi period model is implemented when there is uncertain demand in inventory control.
nevertheless, in the simple EOQ model, demand is known and fixed. But when the demand is random, these lot size-reorder point (Q, R) systems allow random demand.
There are two decision variables in a (Q, R) system:
Order quantity, Q and
Reorder point, R
Additional steps are attached as files
