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Kay [80]
2 years ago
6

Assume company can produce any amount above 3.4 units. Naploc purchased the equipment for $12,000 and did not start production y

et. Market price is $400. Tebit Inc, another company that operates in the same industry desperately needs equipment and makes an offer to Naples. Debit already knows Naples cost structure. What is the lowest price that Tebit should offer for the equipment
Business
1 answer:
svetlana [45]2 years ago
7 0

Answer: $12,000

Explanation:

As no production has been started yet, no other costs have been incurred by Naples for the equipment other than the $12,000.

The lowest price that Tebit should offer therefore should be the price that the equipment was purchased for as the equipment has not not been used to produce anything and so has not incurred any variable costs or donated any incremental value that would decrease or increase its value.

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The equilibrium price and quantity of a good are found where the supply and demand curves intersect.
Drupady [299]
True. Do not forget that the equilibrium quantity is found when the quantity demanded is equal to the quantity supplied, which must be where the two curves intersect.
4 0
2 years ago
You are the chief financial officer for a firm that sells digital music players. Your firm has the following average-total-cost
Finger [1]

Answer:

False

Explanation:

Since for finding out whether the offer is accepted or not, first we have to determine the total cost at 600 number of players and for 601 number of players which is

The total cost of 600 players is

= 600 × $300

= $180,000

The total cost of 601 players is

= 601 × $301

= $180,901

Now the marginal cost is 601 player is $901 which is difference between the $180,000 and $180,901 that is higher than the offered price i.e $550

Therefore, the offer should not be accepted

6 0
3 years ago
If you cannot separate communication from leadership, why is communication known to be one of the top weaknesses in business lea
aksik [14]

The correct answer to this open question is the following.

If you cannot separate communication from leadership, why is communication known to be one of the top weaknesses in business leadership today?

Because many times, leaders confuse to inform with to communicate, and that is one of their biggest mistakes.

One thing is just to pretend that because your the leader of an organization, you have the right to inform but not listening back to what your team has to say.

Good leaders need to become great leaders accepting the fact that their role is of Communicators, which means they are willing and able to receive feedback. Or better said, to promote feedback in the first place as part of the process of generating understanding in the workplace.

Why is it the leaders’ responsibility to be effective communicators?

The leader has to lead by example. It has to be a great communicator, a good listener. Have a set of skills and abilities to perform under pressure. The leader has to make the toughest decisions. And of course, he has to hire the best individuals to form a true team.

Leaders have to be totally honest about who they are. You cannot pretend to be someone you are not. That is the foundation of what you are about to offer in a relationship.

The leader sets the example of living their own values, so he will have the moral status to ask other people to live by their own values so you can base your relationship on trust.

4 0
2 years ago
Which is of the following is NOT an example of a non profit organization?
OLga [1]
D) all of the answers
6 0
3 years ago
Suppose a price floor on sparkling wine is proposed by the Health Minister of the country of Vinyardia. What will be the likely
Elenna [48]

Answer:

The options for this question are the following:

A. Quantity demanded will decrease, quantity supplied will increase, and a shortage will result.; B. Quantity demanded will increase, quantity supplied will decrease, and a surplus will result.; C. Quantity demanded will decrease, quantity supplied will increase, and a surplus will result; D. Quantity demanded will increase, quantity supplied will decrease, and a shortage will result.

The correct answer is C. Quantity demanded will decrease, quantity supplied will increase, and a surplus will result.

Explanation:

There is a strong correlation between pricing (at prices higher than the equilibrium price) and the creation of excess supply. Following the analysis of supply and demand, if we start from an initial equilibrium situation (where the quantity demanded and supplied are equal) and the authority decides to set a much higher price, the quantity demanded of the product will decrease and, on the other hand, the quantity supplied will increase, so producers will want to sell more than consumers want to buy. The previous problem will be solved if the authority decides to lower the price of the product, since this encourages consumers to buy more and bidders to produce less.

8 0
3 years ago
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