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maks197457 [2]
4 years ago
15

Hotco oil burners, designed to be used in asphalt plants, are so efficient that Hotco will sell one to the Clifton Asphalt plant

for no payment other than the cost savings between the total amount the asphalt plant actually paid for oil using its former burner during the last two years and the total amount it will pay for oil using the Hotco burner during the next two years. On installation, the plant will make an estimated payment, which will be adjusted after two years to equal the actual cost savings.
Which of the following, if it occurred, would constitute a disadvantage for Hotco of the plan described above?
A) Another manufacturer’s introduction to the market of a similarly efficient burner
B) The Clifton Asphalt plant’s need for more than one new burner
C) Very poor efficiency in the Clifton Asphalt plant’s old burner
D) A decrease in the demand for asphalt
E) A steady increase in the price of oil beginning soon after the new burner is installed
Business
1 answer:
dlinn [17]4 years ago
5 0

Answer:

Hotco

If it occurred, this would constitute a disadvantage for Hotco of the plan described above:

E) A steady increase in the price of oil beginning soon after the new burner is installed.

Explanation:

A steady oil price increase commencing soon after the new burner is installed will obliterate the actual cost savings from which Clifton Asphalt would be paying Hotco for the oil burners.

This is buttressed by the fact of the payment terms that totally depends on the cost savings.

Even the adjustment after two years may not benefit Hotco if the steady increase in the price of oil persists.

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Which of the following are examples of hidden unemployment? Select the two correct answers below. Select all that apply: John is
mihalych1998 [28]

Answer:  

  • Lisa cannot find the job she wants so she has stopped looking.
  • Penny has a college degree in nursing, but currently has to work as a store clerk as it is the only available job in her small town.

Explanation:

Hidden Unemployment also known as Disguised Unemployment in simple terms refers to the following people; people who are not working and have given up on looking for work because they could not find any, people who have the skillset and determination to work full-time working only part time and people who are underemployed meaning that they are working a job that they are overqualified for.

Hidden Unemployment is considered hidden as it is not reflected in employment statistics.

Lisa could not find a job so she stopped looking. This is Hidden Unemployment and official figures will not even count her as unemployed because you need to be actively looking for work to be classified unemployed.

Penny is overqualified for the store clerk position she holds or rather she is qualified for a different profession. Employment statistics will however show her as employed.

6 0
3 years ago
Match the descriptions to economic and non-economic factors that affect a business cycle.
Sophie [7]

BANKS HAVE REDUCED INTRESTS RATES IS THE AWNSER

4 0
3 years ago
Read 2 more answers
A horizontal demand curve shows that demand for a good is _____.
Evgen [1.6K]
'Elastic' goods-is something in the market that is high in demand (in publicity-and that people buy it.
Ex beef is a great example of an elastic good. If you set the beef to a higher price than usual-customers will not buy it as expectedly as before.

'Inelastic' goods like gas- is a perfect example because if you set gas in high price-customers would not question it and pay for the price of gas anyways. (Due to it fulfilling customers' needs only.)


To answer your question, a horizontal demand curve is when you have a fixed demand in price (people are buying it has demand) and that supplies have ample quantity. (Supplies are high quantity)

Demand for a good in the horizontal demand curve is 'moderately elastic' because the supplies have quantity more than the fixed demand. It fits modernly elastic-customers are not buying as much due to high price and therefore supplies of quality increases. Just like the beef example.

The Answer is A

If the horizontal demand curve is 'inelastic' then it would be the opposite- demand would be higher than the quantity of supply.

Hope this helps :)
4 0
3 years ago
Ariel, Fouad, Nicola, and Daryush are four managers at Lost Soles Shoes. Each uses a different decision-making style and believe
Zanzabum

Answer:

B) autocratic

Explanation:

Nicola is displaying the decision-making style known as autocratic. This is because she is not asking for input or advice from employees, and instead makes the entire decision herself. Therefore, she is taking complete control over the situation by doing so and also taking full responsibility of both the situation and the possible consequences that may arise from the decision that she has made. This form of fast, controlling, action is part of an autocratic decision-making style.

6 0
3 years ago
As you fit investing for the future into your personal financial plan, you should consider
Maru [420]

Answer:

C) your willingness and tolerance to bear risk

Explanation:

Long term investment is the act of wealth creation for a future use of money.

investing into long terms involves some patience and risks because, investment like this cannot be for seen, it fluctuate sometimes leading to appreciation or depreciation in the value of money.

this helps in bringing maximum returns for your money over a period of more than 10 years. to better maximize these returns involves a lots of patience, tolerance and risks

6 0
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