Answer:
B. through negotiations between the parties involved.
Explanation:
- correct answer is through negotiations between the parties involved because According to Coase theory, priority rights are best defined by negotiation between the parties involved and there is no transaction cost in negotiations.
- The Coase theory states that when transaction costs are low, both parties can negotiate and reach an effective outcome in the presence of an outsider.
Answer:
Self-managed
Explanation:
Self managed team is management concept wherein group of diverse skill people are expected to work on their own without any supervision. This ensures collective accountability for any task undertaken. Employees have freedom to take their own decision. Self managed team concept is being implemented in organization with aim of increasing productivity, efficiency, cost saving and increased employee satisfaction.
Answer:
The contribution margin ratio can be calculated using either total amounts or per unit amounts.
Explanation:
Contribution margin ratio = ![\frac{Contribution\:per\:unit}{Selling\:price\:per\:unit}](https://tex.z-dn.net/?f=%5Cfrac%7BContribution%5C%3Aper%5C%3Aunit%7D%7BSelling%5C%3Aprice%5C%3Aper%5C%3Aunit%7D)
This can even be done by ![\frac{Total\:Contribution\:}{Total\:Sales}](https://tex.z-dn.net/?f=%5Cfrac%7BTotal%5C%3AContribution%5C%3A%7D%7BTotal%5C%3ASales%7D)
This will calculate contribution as a percentage of Sales, with this margin ratio we get break even sales value, and not the units.
Whenever there is an increase in variable cost it decreases the contribution.
Therefore, correct statement is
The contribution margin ratio can be calculated using either total amounts or per unit amounts.
Answer:
Increases; Ambiguous effect on equilibrium quantity
Explanation:
This situation states that the supply of hotel rooms decreases and the demand for hotel rooms increases due to the hurricane, so this change will shift both the supply curve and the demand curve in the hotel rooms market.
This will shift the supply curve leftwards and demand curve rightwards, therefore as a result, there is an increase in the equilibrium prices and the effect of this change on the equilibrium quantity is ambiguous because that will be dependent upon the magnitude of the shifts of demand and supply curve.
Answer:
Correct option is A
“The flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing” is the correct option
Explanation
It is a curve which shows various combination for the amount of two goods among which they can be produced with in the given available resources. Thus, it shows that the maximum amount of output is produced with the help of given resource.