Answer:
Production 830,000
Explanation:
- FG(units)
Beginning 31,000
Ending 81,000
Sales 780,000
Production 830,000
<em>sales + ending - beginning = production</em>
<em />
We are asked for the finished good units to produce.
The raw materials are irrelevant in this question.
Answer:
3400, Rise, C
Explanation:
1. Since there are just 3 firms and two already has a sum total of 70% (40+30), the third firm will have a market share of 30%
HHI= 
HHI= 1600+900+900
HHI= 3400
2. Abe's Bikes with 30% leaves the market, if the two firms were to share Abe's market share equally (15+15), it will leave Firm A with 55% (40+15) and Firm B with (30+15) 45%
Therefore,
HHI= 
HHI=3025+2025
HHI= 5050
A rise in HHI
3. C
An index of 10,000 corresponds to a monopoly firm with 100% market share.
Answer:
The role typically associated with the project manager is that he is assigned by the performing organization to lead the team that is responsible for achieving the project objectives - option A
Explanation:
One who is a professional in the field of project management is known as a project manager. He has the responsibility of the planning, procurement and execution of a project, in any undertaking that has a defined scope, defined start and a defined finish; irrespective of the type of industry.
The project manager is responsible for ensuring that everyone on the project team knows and executes his or her role, feels empowered and supported in the role, knows the roles of the other team members and acts upon the belief that those roles will be performed.
The specific responsibilities of the project manager varies depending on the industry, the company size.
However, some responsibilities that are common to all project managers include:
- Developing the project plans
- Managing the project stakeholders
- Managing the project team
- Managing the project risks
- Managing the project budget
- Managing the project conflicts
- Managing the project schedule
Thus, the role typically associated with the project manager is that he is assigned by the performing organization to lead the team that is responsible for achieving the project objectives - option A
All the other options are incorrect.
Answer:
B. it ignores the firm's demand curve.
Explanation:
A: With the help of average cost pricing, the fixed cost can quickly estimate. Therefore, it cannot be the answer.
C: The average cost must consider the effect of variable cost. Therefore, it is also the wrong statement.
D: It is easy to estimate profit if there is an average cost pricing.
B: average-cost pricing always ignores the demand curve because it is a "U" shaped curve. Because after a certain level of product selling, the average cost is increasing. On the other hand, demand curve is such that if the price decreases, the quantity demanded increases. Therefore, it is a downward slopping curve. Hence, it is understood that, average-cost pricing ignores demand curve.
