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defon
2 years ago
5

Why is producing a high quality product important to rolls royce ?

Business
1 answer:
Mashcka [7]2 years ago
7 0

Answer:

So the buyer wants the car.

Explanation:

Many people buy a rolls royce due to the high quality and they are on the knowledge that it is manufactured with high quality.

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A statistical software company is planning on updating Version 8.1 of its software and wants to know what features are most impo
torisob [31]

Answer:

Answer for the question:

A statistical software company is planning on updating Version 8.1 of its software and wants to know what features are most important to users. The company's managers have the email addresses of 10000 individuals, mostly faculty at universities, for whom they have supplied free courtesy copies of Version 8.1. They email these 10000 individuals and ask them to complete a survey online. A total of 183 of these individuals complete the survey.

(a) What is the population of interest to the software company?

A. the 183 individuals who complete the survey

B. the 10000 individuals contacted

is given in the attachment.

Explanation:

3 0
3 years ago
Market failure describes a situation in which the market itself ________ in a way that balances social costs and benefits.
Lina20 [59]

A situation known as a "market failure" occurs when the market itself is unable to efficiently distribute resources in a way that balances social costs and benefits.

Market failure refers to a situation where there is an inefficient allocation of products and services on the open market. The individual incentives for rational behavior do not result in rational outcomes for the collective in a market failure.

In other words, each person chooses what is best for themselves, but those choices end up being bad for the collective. This can occasionally be demonstrated in conventional microeconomics as a steady-state disequilibrium condition.

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8 0
1 year ago
Ben owns an ice cream shop. Last quarter's income was $9,000; his cost of goods was $575, and his total expenses were $5,000. Wh
rewona [7]

Answer:

$3,425

Explanation:

took the test

7 0
2 years ago
If the price of the item is $15.00 per unit and the employees cost $125 each, how many employees should the firm hire to maximiz
Aneli [31]

If the price of the item is $15.00 per unit and the employees costs $125 each,  Three employees should the firm hire to maximize their profit.

How do firms maximize profit?

All firms maximize profits when their marginal cost is equal to the marginal product. This dollar amount should also be the selling price that maximizes profits.

What is meant by profit maximization?

Profit maximization is a process business firms undergo to ensure the best output and price levels are achieved in order to maximize its returns. Influential factors such as sale price, production cost and output levels are adjusted by the firm as a way of realizing its profit goals.

What are the goals of profit maximization?

Profit maximization is the process by which a business arranges its prices and cost structure to achieve the highest possible profit. The central goal of the organization is to increase its profits

 

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3 0
1 year ago
Marginal utility measures A. the slope of the budget line. B. the marginal rate of substitution. C. the slope of the indifferenc
ivolga24 [154]

Answer:

The additional satisfaction from consuming one more unit of a good

Explanation:

Marginal utility falls as consumption increases.

The Marginal Rate of Substitution (MRS) is the rate at which consumers exchange quantities of units of one good number for another good at the same level of utility.

I hope my answer helps you

8 0
3 years ago
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