Answer:
B) Leave the equilibrium price unchanged.
Explanation:
Oligopolistic market is the arrangement where few companies offer same product to the customers. There is very less competition in the market so every supplier has fair chance for operating their business successfully. The kinked demand model curve in oligopolistic market would leave the equilibrium price unchanged.
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Answer:
$214,000
Explanation:
Total Revenues ($740,000 + $103,000) =$843,000
−Total Operating costs ($570,000 + $59,000)
=$629,000
= Total operating profit = $214,000
Therefore Assuming that there are no changes to the existing body shop business, operating profits would be expected to increase during 2021 by $214,000
Answer:
The answer is: 14,400 different production sequences are possible
Explanation:
For this calculation I will assume that the first 5 operations can be made in any order, as well as the last 5.
For the first set of machining operations, since they can go in any order, you choose one operation and then you have 4 operations left, then you choose another operation and you have 3 operations left, then you choose another operation and you have 2 operations left, you choose another option and you have only 1 operation left. This process can be expressed by the following equation: 5 x 4 x 3 x 2 x 1 = 120 possible different combinations. Mathematically it can also be expressed as 5! = 120
The same for the last 5 assembly operations, you have 5 x 4 x 3 x 2 x 1 = 120 possible different combinations.
So to get the total possible combinations of all the process, we just multiply 120 x 120 = 14,000 or 5! x 5! = 14,400
It gives you a map so that you can find where u are going
