Answer:
$50 or slightly less
Explanation:
If we assume that there is four persons namely E, S, A and K
The producer surplus is the surplus that shows the difference between the seller value and the seller cost
In the case when the seller bid against each other so here the producer surplus would be $100 or slightly less
Here only one person could able to send the good i.e. person E As the cost to the person would be lowered by the goods value
Therefore the option B is correct
MasterCard could use the data warehousing strategy by making its cards acceptable for any transaction in any place.
Data warehouse plays an important role in the competitive market for MasterCard. As the data has been turned into Business Intelligence (BI), which enables individuals, banks and companies to make strong decisions with regard to payment through electronic means.
The data warehousing could be used by MasterCard to gain a distinct advantage over its competitors. As previously Visa represents around 50% of charges for products sold overall while MasterCard was only at 25%.
An example of using Data warehousing is such that banks can issue MasterCard which if used on Aircraft or Restaurants then these banks can use this data to arrange offers and other benefits to motivate cardholders to spend more with their MasterCard. They could even offer limited time openings such as to pay for room or buy exclusive items during shopping.
Answer:
The Buyer can terminate the contract by written notice
Explanation:
Without the loan commitment by the deadline, the buyer can terminate the contract by giving written notice to the seller that he/she is terminating.
As the beneficiary of a business trust, Kevin's liability for trust debts and obligations is nothing.
Answer:
(a) Total time invested = 40 hours per day
No. of boxes produced in a day = 120 boxes
= 3 boxes per labor hour
(b) Expected increase in productivity = 125 boxes
Total time invested = 40 hours per day
= 3.125 boxes per labor hour
(c)Original productivity of 120 boxes = 3 boxes per labor hour
New productivity of 125 boxes = 3.125 boxes per labor hour
Increase in Productivity = New productivity of 125 boxes - Original productivity of 120 boxes
= 3.125 - 3
= 0.125 boxes per labor hour
Therefore, unit increase in productivity per hour is 0.125 boxes per labor hour.
(d)
= 0.041667 × 100
= 4.2%