Answer:
D
Explanation:
Equilibrium means a state of equality or balance between market demand and supply. Refers to a price at which both parties producers and consumers are agreed to exchange.
Prices where demand and supply are out of balance are called points of disequilibrium.
If the selling prices is over the equilibrium price, means that there is a surplus of excess supply, so the prices would go down to returned to the equilibrium price.
Because if you chose the one with the higher opportunity cost you are wasting resources while you could be doing something more effective instead.
Answer:
The Skulls
The location that Skulls should select is:
Alpha Avenue.
Explanation:
a) Data and Calculations:
Estimated number of persons living in this new chapter house = 30
Fixed Variable Total Cost
Alpha Ave. $5,000 $200 per person $11,000
Beta Blvd. $8,000 $150 per person $12,500
b) The location that Skulls should select must minimize the total cost. The location which meets this criterion is Alpha Avenue, with a total cost of $11,000. This is purely because of the number of persons living in the chapter house. Assuming that this number would increase, then it may be considered economically better to choose the Beta Boulevard instead of the Alpha Avenue.
Answer:
0.48 %
Explanation:
Last year productivity: packages delivered / no. of drivers
=103,225/85
=1,214.41
This year productivity : packages delivered /. no. of drivers
=112,260/92
=1,220.22
change is productivity is : this year's productivity - last year's productivity
=1,220.22- 1,214.41
=5.81
percentage change =5.81/1214.41 x 100
=0.48 %
Answer:
Cafeteria Plan
Explanation:
This compensation plan allow employee to choose benefit of their choices from the number benefit available
