Answer:
<u>a. True</u>
Explanation:
Indeed, we could rightly say the statement is true by remembering the four key factors of production (business):
- capital (wealth)
- labor
- resources
- entrepreneur.
Labor is part of the list of important factors and political freedom allows the entrepreneur to sucessfully manage business activities.
Answer:
With 16 Grade X and 54 Grade Y the company maximize their profit at 11,840 dollars
Explanation:
We set up the scenario in Excel and use SOLVER tool:
X = 50 synthetic + 25 labor + 20 foam
Y = 40 synthetic + 28 labor + 15 foam
Profit:
X = 200
Y = 160
Constraing:
synthetics <= 3,000
foam <= 1,500
Grade X and Grade Y are integer.
goal: maximize profit
16 of Grade X
and 54 of grade Y
16 x 50 = 800
16 x 30 = 540
54 x 40 = 2,160
54 x 15 = 810
Profit:
16 x 200 + 54 x 160 = 11840
Answer:
Experiential
Explanation:
Experiential is the term which is defined as something experiential and it comes from the real world or from experience. It is the procedure of learning through a experience, which is particularly stated as learning by reflection on doing.
So, in this case, the Quentin checks into a hotel, where on arriving he realizes that grounded on expectations, he is not thrilled with the experience. Therefore, this kind of purchase is defined as experiential.
Answer:
$21,000,000
Explanation:
Data provided in the question
Capital provided = $20,000,000
Now the updated value of the common stock is
= 1,000,000 shares × $41
= $41,000,000
So, the valued added to the stockholder wealth is
= Updated value - capital provided
= $41,000,000 - $20,000,000
= $21,000,000
The difference of the amount is considered to be the value added
