Answer:
The correct answer is option A ,first mover advantage.
Explanation:
First mover advantage is form of leading strategy where a firm is the first to identify the opportunities hidden in a particular industry or geography,thereby unlocking the potentials in order to improve its financial performance business-wide.
This is a form of diversification, as putting one's eggs in one basket is not a sustainable way to grow the business in the long-term.
Even though there are risks involved in been a first mover, the benefits sometimes outweigh the risks.
Answer:
PLAN A:
(120 * 0.39) + (40 * 0.19) + 20 = $74.40
PLAN B:
(120 * 0.49) + (40 * 0.14) + 20 = $84.40
PLAN C:
$20 + $75 = $95 ;
PLAN A is optimal from 0 to 192 minutes
PLAN C is optimal from 192 minutes onward ;
Explanation:
PLAN A :
Service charge = $20
Daytime = $0.39 per minute
Evening = $0.19 per minute
PLAN B :
Service charge = $20
Daytime = $0.49 per minute
Evening = $0.14 per minute
PLAN C :
Service charge = $20
225 minutes = $75
Minutes beyond 225 = $0.36 per minute
A.)
Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.
PLAN A:
(120 * 0.39) + (40 * 0.19) + 20 = $74.40
PLAN B:
(120 * 0.49) + (40 * 0.14) + 20 = $84.40
PLAN C:
$20 + $75 = $95
b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?
PLAN A:
20 + 0.39D = 95
0.39D = 95 - 20
D = 75 / 0.39
D = 192.31
Answer:
The Earned Income credit
Explanation:
Many economists choose the earned income credit (EIC) over the increase in minimum wage because it avoids deadweight losses. Deadweight losses results when supply are demand are not in equilibrium (Market Inefficiency). Increases in minimum wages invariably leads to increase in prices of market goods which are overpriced. This leads to market Inefficiency.
So in trying to help low income earners, many economists choose the EIC over just increasing minimum wage.
The earned Income Credit helps certain tax payers with low incomes from work in a particular tax year. It reduces the amount of tax owed and may result in a refund to the tax payers if the amount of credit is greater than the amount of tax owed.
Answer:
This question is incomplete. However, I found the prompt to be as follows;
"What is the productivity measure of “units of output per dollar of input” averaged over the four-year period? "
Explanation:
To solve this question, find productivity;
Productivity in this case is total hamburgers produced divided by the total labor cost plus total equipment cost.
Productivity = # of hamburgers *52 weeks * 4 years / (total labor cost + equipment cost)
Productivity= 40,000(52)(4)/ {9,500(4) + 5000}
= 193.5 hamburgers/dollar of input
Therefore, the factory would produce about 194 burgers per dollar of input.
