Answer: Business
Explanation: In simple words, business refers to a group of activities that an individual performs, by taking calculated risk, for the ultimate purpose of making profit.
In the given case, Marcia Simpson is starting the new academy to target wealthy corporate employees.
Hence we can conclude that she is willing to start a business.
Answer:
It will reduce
Explanation:
Imagine a capacity constrained, single resource process with multiple employees working at the single resource. If the number of employees increases then the cycle time for the process will reduce.
<em>Cycle time = Average time between completion of units.</em>
If we take an example of a manufacturing facility, which is producing 1000 units of product per 40 hour week. The average throughput rate is 10 unit per 0.04 hours, which is one unit every 2.4 minutes. Therefore the cycle time is 2.4 minutes on average.
If we increase the number of workers, the circle time will definitely reduce because more workers will finish a particular work in less time
Genetech corp. has invested heavily to develop a patented new product. Genentech wants to achieve a rapid return on its investment. it probably should set a profit maximization.
Profit maximization in economics refers to the short- or long-term process through which a corporation chooses the price, input, and output levels that result in the largest profit. The firm is typically modelled as maximizing profit in neoclassical economics, which is currently the dominant approach to microeconomics.
Economic and social well-being are indirectly influenced by the profit maximization idea. A company uses and allocates resources effectively when it is profitable, and this results in payments for capital, fixed assets, labour, and organization. Economic and social welfare is achieved in this way.
Learn more about profit maximization here:
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Answer:
$1,000
Explanation:
The computation of gain on sales is given below:-
Depreciation per year = $40,000 - $10,000 ÷ 10
= $3,000
Life of equipment = 5.5 years
Accumulated Depreciation on equipment = 5.5 × $3,000
= $16,500
Book value of equipment = $40,000 - $16,500
= $23,500
Gain = Proceed from sale - Book value at the time of sale
= $24,500 - $23,500
= $1,000
The answer is going to be so pick number 2 B