Answer:
1. profit is maximized when Q = 6 bushels, from table
2. When MC increases by 0.5 at each level of quantity produced, setting P = MC for profit maximization
at output level = 6, P = 4, MC = 3.5
Q = 6 bushels
3. Profit = 24-15-0.5*6 = 6.00
Answer:
D. focused differentiation strategy
Explanation:
Focused differentiation strategy is a type of strategy employed by a company or business, whereby a particular small group of customers are targeted and provided with differentiated products that cannot be easily gotten elsewhere. This type of strategy is usually effective in a market where competition is limited, such as can be seen in the market of organic products and foods.
The scenario as described in the question above, suggest that <u><em>Organic Eats is following a focused differentiation strategy</em></u>, as they target only a small percentage of consumers that are highly health-conscious, and also provide a differentiated product consisting of an all-organic, vegan menu. There is also limited competition from other competitors as there are few restaurants that offer the same unique services that Organic Eats offer.
Answer:
Lifelong Learning
Explanation:
This is an example of Lifelong Learning. This term refers to when an individual pursues knowledge in any and all shapes and forms from their own free will. This means that they are voluntarily going after knowledge and taking every opportunity to learn more without being forced to do so. Usually, because they believe that knowledge is power and want to learn because they like to do so. This is exactly, what Veronica is doing by taking full advantage of any opportunity that becomes available for her to learn any new skill.
Answer:
The correct answer is : minimum; risen.
Explanation:
The poverty rate can be defined as the rate of population in a certain age gap who fail to earn a given minimum absolute income.
The census bureau updates the poverty threshold annually. People below this threshold level are considered poor.
According to the data from US census bureau the poverty rate in 2000 was 11.3%. In 2010, it was 15.1%. Though it fell to 13.5% in 2015 it is still higher than that in 2000.
So, we can conclude that poverty rate has increased largely since the year 2000.
Answer:
d. Both have a high concern for production.
Explanation:
The Blake/Mouton Managerial Grid leadership gridrepresents the degree to which managers have a concern for production and for people. The degree to which a manager has concern for either or both determines the manager's leadership style.
In the team management leadership style both the concern for people and production are high and also in the authority compliance leadership there is a concern for production. Therefore, both have a high concern for production.