Answer:
C. Takes its price as given by market conditions.
Explanation:
A perfectly competitive firm is basically an atomistic market. A perfectly competitive firm is a price taker which takes the price as given.
Answer:
500
Explanation:
In this example of the Keynesian adjustment process, the overall right-shift in Aggregate Demand after the multiplier effects are completed cause Real Spending GDP to increase to a level of $ 500 billion dollars.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
i= 0.1025
NPV= -Io + ∑[Cf/(1+i)^n]
Cf= cash flow
Project 1:
Year 0 1 2 3 4 CFS:
−$950 $500 $800 $0 $0
Year 1= 500 - 950= -450
Year 2= 800 - 450= 350
Payback period= 1 year + (450/800)= 1.56 years
NPV=161.68
Project 2:
Year 0 1 2 3 4 5:
−$2,100 $400 $800 $800 $1,000
Year 1= 400 - 2,100= -1,700
Year 2= 800 - 1,700= -900
Year 3= 800 - 900= -100
Year 4= 1000 - 100= 900
Payback period= 3 years + (100/1000)= 3.1 years
NPV= 194.79
Value lost= 194.79 - 161.68= $33.11
Vision, decision-making style, and delegation.
Answer:
The correct answer would be, Greg's next step is to roll out his Tactical Goals to his staff.
Explanation:
Greg is the division manager for Tasty Foods. His management set a goal of increasing market share and decreasing the corporate cost over the period of next three years. To cope up with this goal, Greg has to work on this from now onward. So he decides how his division can contribute to the fulfillment of these management goals. He looking into his resources and planned two possible options. One is to partnering with another company and the other is to hire a procurement manager to negotiate lower prices from vendors. Now as he has formulated these goals, which are tactical in nature, the next step is to roll out these tactical goals to hi staff. Tactical goals are the goals that are set quickly in response to the conditions or situations as they occur in the real world.