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Mama L [17]
3 years ago
15

In the Control Process, it is important to use the proper comparison method when comparing task results with its objectives and

standards. Out of the following alternatives methods, which method is not an acceptable method? 
Historical comparison

Relative comparison method

Engineering comparison

Personal comparison ​
Business
1 answer:
DaniilM [7]3 years ago
4 0

Answer: Personal comparison

Explanation:

When it comes to the Control Process, entities are allowed to use several comparison methods when comparing task results with objectives.

These include:

  • the Historical method where current performance is compared to past performance
  • the Relative comparison method where the organization's performance is compared against a benchmark of other organizations in the industry.
  • Engineering comparison where schedules are used to ensure that activities finish on time.

Personal comparison is not an acceptable method.

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Use the cost and revenue data to answer the questions. Quantity Price Total revenue Total cost 10 90 900 675 15 80 1200 825 20 7
azamat

Answer:

Check the explanation

Explanation:

Marginal revenue is the revenue earned by selling an additional unit of output. Marginal Revenue for fifteenth unit of output is calculated as below.

Marginal Revenue= \frac{ATR}{AQ} =\frac{1200 - 900}{15 -10} = 60

Marginal Cost is the additional cost incurred on producing additional unit of output. Marginal Cost for fifteenth unit is calculated as below.

Marginal Cost= \frac{ATC}{ AQ} =\frac{825-675}{15-10} =30

The marginal revenue when the quantity is 25 is

The marginal Cost when the quantity is 15 is

The marginal profit of a monopoly is 0 when the marginal profit is equal to the marginal cost. The monopoly produces at an output where the marginal profit is equal to zero.

Thus, the output produced by the monopoly is

The corresponding price set is at $70.

120 units  

A perfectly competitive market produces an output where the marginal cost is equal to

the average revenue. Thus a competitive firm produces

The corresponding price is set at $50.

130 units)

The monopoly price $70 is higher than the competitive firm's price $50.

Hence, the correct option is

7 0
3 years ago
Stock in dragula industries has a beta of 1.1. the market risk premium is 7 percent, and t-bills are currently yielding 4.5 perc
antiseptic1488 [7]
Idk i just need points Lol.
8 0
3 years ago
A university is trying to determine what price to charge for tickets to football games. At a price of ​$24 per​ ticket, attendan
m_a_m_a [10]

Answer:<u><em>  Price per ticket should be charged in order to maximize​ revenue is $15.</em></u>

<u><em>70000 people will attend at this price.</em></u>

<u><em></em></u>

Explanation:

Let 'x' represent the decrease .

Using the given information,

Price per ticket = 24 - 3x

Average no. of people that watch the game = 40000 + 10000x

Additional money spent by every person = 6(40000 + 10000x)

Revenue [R(x)] = Price per ticket \times Average no. of people that watch the game + Additional money spent

Revenue [R(x)] = (24 - 3x)\times(40000 + 10000x) + 6(40000 + 10000x)

On solving the above equation we get ,

Revenue [R(x)] = -30000x^{2} + 180000x + 1200000

In order to find the critical point we'll differentiate the following with respect to x;

R'(x) = -60000x + 180000

∵ R'(x) = 0  

x = 3

<u><em>Thus, the price per ticket that should be charged in order to maximize​ revenue is (24 - 3\times3 = 24 - 9 = $15)</em></u>

<u><em>People that will attend at this price = (40000 + 10000\times3) = 70000</em></u>

7 0
3 years ago
At the beginning of the year (January 1), Buffalo Drilling has $12,000 of common stock outstanding and retained earnings of $7,1
Mrrafil [7]

Answer:

                                Statement of stockholders' equity

                              at the end of the year (December 31)

                                     <u>Common Stock</u>        <u>Retained Earning</u>       <u>Total</u>

Opening Balance              $12,000                       $7,100               $19,100

Income for the year                                                $7400              $7400

Dividend Paid                                                        ($2,100)             ($2,100)

Common stock issuance  <u> $6,900  </u>                  <u>                 </u>           <u> $6900  </u>

End of the year Balance    $18,900                    $12,400             $31300

3 0
3 years ago
How can you best uncover challenges and constraints that employees deal with in their daily work.
Westkost [7]

Answer:

Assumptions and expectations are the root causes of workplace constraints.

Explanation:

To avoid workplace conflicts one needs detailed information and clarity. If we train ourselves to think in a positive way and act without anger will do wonders. Our conduct in a situation is going to be really different if we take some time to look at good intentions instead of immediately reacting. It's much more productive to turn a bunch of assumptions into a shared understanding of the information.

8 0
3 years ago
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