Answer:
Apples and Banana
a) Profit maximizing prices:
i) For Apple = $100
ii) For Banana = $40
b) Profits equal revenue minus costs:
i) For Apple = $100Q - (20 + 10Q) = $60Q
ii) For Banana = $40 - (26.5 + 5Q) = $8.50Q
c) To maximize profit, the price to charge is $100 for Apples and $40 for Banana.
d) I would expect to earn a profit of $68.50 for a set of apple and banana.
Explanation:
To maximize profit, Apple and Banana will be sold separately.
But, selling them together, the best profit maximizing prices will be $100 for Apples and $10 for Banana.
At this combined price, the banana still makes a contribution of $5 per unit towards offsetting the fixed cost of $26.50
Explanation:
strengths:
1. He or she enjoys all the profit
2. easy to start up
3. decision making is quick
4.he or she can vary the hours of work
weakness:
1.there is lack of finance
2. lack of specialised staff
3.the owner bears all the risk
4.there is unlimited liability
who might start a sole proprietor business
1. a person that wants to be their own boss.
2.extra income.
3.the entrepreneur might think he will make more money working for his self than others.
The corridor is the vertical section of the supply curve of reserves in the federal fund market.
Answer:
Option a
Explanation:
In simple words, consensus building refers to the process under which different individuals, who will get affected in some way or another from the decision being made, share the views and ideas and prepare a solution that makes maximum benefit and minimal loss to the all.
Such kind of behavior is needed in large organisations where the number of employees working is very high and different individuals have different goals for themselves. Thus, from the above we can conclude that the correct option is A.
