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3 years ago

Network Economics.

Business

1 answer:

Lerok [7]3 years ago

4 0

Answer:

C, sees te cost of adding new members as inconsequential.

Explanation:

Network economics deals with the situation in which a business will benefit through feedback from its consumers that uses its goods and services. This comes with evolvement of the business depending on how much services it can offer to its consumers.

Cheers

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if you gain acceptance to and must choose between two of your first choice colleges , what type of conflict are you facing?

34kurt

I think the answer would be Opportunity cost

3 0

3 years ago

Read 2 more answers

A university is trying to determine what price to charge for tickets to football games. At a price of $24 per ticket, attendan

m_a_m_a [10]

Answer: Price per ticket should be charged in order to maximize revenue is $15.

70000 people will attend at this price.

Explanation:

Let 'x' represent the decrease .

Using the given information,

Price per ticket = 24 - 3x

Average no. of people that watch the game = 40000 + 10000x

Additional money spent by every person = 6(40000 + 10000x)

Revenue [R(x)] = Price per ticket $\times$ Average no. of people that watch the game + Additional money spent

Revenue [R(x)] = (24 - 3x) $\times$ (40000 + 10000x) + 6(40000 + 10000x)

On solving the above equation we get ,

Revenue [R(x)] = -30000 $x^{2}$ + 180000x + 1200000

In order to find the critical point we'll differentiate the following with respect to x;

R'(x) = -60000x + 180000

∵ R'(x) = 0

x = 3

Thus, the price per ticket that should be charged in order to maximize revenue is (24 - 3 $\times$ 3 = 24 - 9 = $15)

People that will attend at this price = (40000 + 10000 $\times$ 3) = 70000

7 0

4 years ago

How many different types of dog are there

Juliette [100K]

there are more than one kind of dog breed

7 0

4 years ago

Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can

likoan [24]

Answer:

D. Neither country could gain from trade with each other because neither one has a comparative advantage

Explanation:

Opportunity cost refers to the units sacrificed from production of one good to produce an extra unit of another good.

In the given case, the number of workers are same.

The opportunity cost for producing corn instead of oats by Cornland would be : 10/40 units of oats = 0.4 units of oats

Similarly, the opportunity cost for producing corn by Oatland = 5/ 20 = 0.4 units of oats

Similarly, the opportunity cost for producing oats by Cornland = 4 units of corn

Opportunity cost for producing oats by Oatland = 4 units of corn.

As can be seen, none of the two i.e Cornland or Oatland enjoys a comparative advantage over other since for both, the opportunity cost is the same.

Hence, neither country would gain out of trade.

6 0

3 years ago

Evaluating your data involves examining it in terms of reliability, relevance, expertise, adaptability, and biases.

pogonyaev

Answer:

a. True

Explanation:

In the case when the data is evaluated so it consist of detail examination with respect how much data is reliable that means how the data gives the actual results, how much it is relevant to the current decision, the data needs expertise in order to make some decisions, the data needs adaptability as per the changes done and the biases also

Therefore the given statement is true

7 0

3 years ago