Managers need to pay attention to dealing with uncertain and competitive conditions. This is part of the mission and vision statements and has to do also with types of planning. The strategic planning includes long term decisions about the overall direction of the company. Conditions can change rapidly and managers must be aware of that .
Answer:
<u>Monopoly</u>
P = $20.00
Q = 10,000
<u>Socically Efficient:</u>
P = $16.80
Q = 14,000
The monopoly generates a deadthweight loss to maximize their gain.
In the socially efficient situation, there is no deadthweight loss threfore this makes the economy as a whole better.
Explanation:
Price = 28 - 0.0008Q
Marginal Cost = 0.0012Q
Revenue: P x Q = (28 - 0.0008Q) x Q = 28Q - 0.0008Q²
Marginal Revenue:
R' = R(q) / dq = 28 -0.0016Q
We want to produce and sale until marginal revenue matches marginal cost:
28 -0.0016Q = 0.0012Q
28 = 0.0028Q
Q = 28 / 0.0028 = 10,000
P = 28 - 0.0008 (10,000) =
P = 28 - 8 = 20.00
The social efficiency will be that Price equals Marginal Cost.
28 - 0.008Q = 0.0012Q
28 = 0.0020Q
28 / 0.0020 = Q = 14,000
P = 28 - 0.0008(14,000) = 28 - 11.2 = 16,8
Answer:
IRR = 25%
Explanation:
See the image below to get your answer.
Explanation: The question has a missing information for which Internal rate of return might change.
There was a cash flow in 2012 and then there was a cash flow in 2014. So, there was no cash flow in 2013. Whenever we have to find the IRR or NPV, we need each year's cash flow. Therefore, we have added 2013 cash flow as "0". With the help of excel, it is easy to find Internal rate of return. Just follow the image, you will find it easier.
Administrative costs are relatively high for food stamps and Medicaid programs because they do not require a large bureaucracy to administer them.
Administrative costs are expenses an organization incurs that are not without delay tied to a specific middle function together with production, manufacturing, or sales. those overhead charges are associated with the business enterprise as an entire, in place of man or woman departments or commercial enterprise units.
Administration expenses are the costs of paying wages and salaries and presenting benefits to non-sales personnel. They're one of 3 sorts of cost that make up a company's operating costs.
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