Answer:
Understanding Demand-Pull Inflation
Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand. When the aggregate demand in an economy strongly outweighs the aggregate supply, prices go up. This is the most common cause of inflation.
Explanation:
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Answer:
The answer is Relational Database
Explanation:
Answer:
Ski Golf Fishing
Guard Guard Guard
selling price $260 $330 $205
variable cost $120 $180 $135
contribution margin $140 $150 $70
machine time 9 min. 12 min. 11 min.
lbs. of pellets 12 7 11
total machine time is the constraint in the production process
1a)
contribution margin per $933.33 $750 $381.82
machine hour
1b)
ski guard since its contribution margin per machine hour is much higher than the rest of the products
1c)
fishing guard since its contribution margin per machine hour is much lower than the rest of the products
2a)
Ski Golf Fishing
Guard Guard Guard
contribution margin per $11.67 $21.43 $6.36
lbs. of pellets
2b)
Golf guard since its contribution margin per lb. of pellets is much higher than the rest of the products
2c)
fishing guard since its contribution margin per lb. of pellets is much lower than the rest of the products
3)
Golf Guard ($150)
Answer:
The use of peer ratings within work groups will most likely cause healthy competition among peers as well as improving their performance. Peer rating helps to push every individual to their best and this helps the organization increase in all ramifications as well as maximize profit.
Explanation:
Answer:
D. Krispy Kreme and Dunkin' Donuts will both choose a price of $0.85.
Explanation:
DD - Dunkin' Donuts
KK - Krispy Kreme
If DD choose price to be $1.25, KK will choose price to be $0.85 because it gives them profit of $975 among $850 / $975
If DD choose price to be $0.85, KK will choose price to be $0.85 because it gives them profit of $650 among $250 / $650
Thus, KK have a dominant strategy to choose price = $0.85 no matter what DD choose.
If KK choose price to be $1.25, DD will choose price to be $0.85 because it gives them profit of $975 among $850 / $975
If KK choose price to be $0.85, DD will choose price to be $0.85 because it gives them profit of $650 among $250 / $650
Thus, DD have a dominant strategy to choose price = $0.85 no matter what KK choose.
Both firms have a dominant strategy of choosing price = $0.85 which creates a Nash equilibrium.
