Answer:
$2,000 biweekly; hourly rate 10 hours; overtime is 8 hour
Explanation:
Sorry if this is worng I pretty sure I am right. Sorry, I did this qustion last year and I may have got something worng above so use this anwser if you would like.
Answer:
Price discrimination is when a producer charges different prices, to different consumers for the same good or service. Therefore, an airline that charges different prices to different passengers for the same flight is practicing a third degree price discrimination because consumers are charged different prices based on their different demand elasticities.
Economic efficiency is when scarce resources are used in the most efficient way to produce maximum output; it consists of productive efficiency and allocative efficiency. For price discrimination to be possible, the firm must have a certain degree of monopoly power; that is, the firm must be a price maker. Monopolies typically fit into this description as they discriminate by charging consumers with an inelastic demand higher prices; this reults in allocative ineffciency because price is greater than the Marginal Cost (P>MC).
On the other hand price discrimination could increase efficiency; price discrimination aims to convert consumer surplus to producer surplus, thereby increasing the profit of the firm. An increase in profits could be dedicated to investement in research and development; this could see such a firm achieve dynamic efficiency (long-run productive efficiency). Secondly, due to the increased profits and the potential for more profits, output is increased and price moves closer to the MC (Closer to allocative efficiency). In addition, an increase output would mean that the firm is making use of its spare/idle capacity in production, moving output towards optimum. From another perspective, a firm can reap economies of scale through price discrimination; this is because price discrimination leads to an increase in output and a reduction in average cost.
Explanation:
Answer:D. tactical
Explanation:Tactical decisions are medium-term decisions usually spanning between six months and one year. Tactical decisions are made within the limitations of the overarching strategic supply chain decisions, in other words, they are planned towards accomplishing and executing the strategic level decisions.
Tactical decisions resolve mostly conflicts between strategy and its implementation. They also apply to conflicts between individual objectives and objectives of the whole company.
Answer : The correct option is, (d) $13,110.00
Explanation : Given,
Price when company purchased equipment = $12000
Sales tax price = $600
Freight charges = $240
Damage charges = $420
Installation costs = $270
Now we have to determine the total cost of the equipment.
Total cost of the equipment = Purchased price + Sales tax price + Freight charges + Installation costs
Total cost of the equipment = $12000 + $600 + $240 + $270
Total cost of the equipment = $13110.00
Thus, the total cost of the equipment is, $13110.00
