Answer:
Similarities between Free Market Economy and Command Economy
Both economies have similar economic players including consumers and producers, services and goods and money and labor.
Answer:
No, she did not
Explanation:
In this question, we are asked to answer if Mae stayed within her budget, given her budget and the total amount she later spent.
To solve this problem, what we need to do is to add up all what she budgeted. Afterwards we add up all she spent. Then , we see the difference between the two to actually know if she stayed within her budget of not.
We proceed as follows:;
Let’s calculate budgeted amount: This is ; 180 + 475 + 15 + 50 + 65 + 25 + 150 + 30 = $990
Now, let’s calculate how much she later spent; That would be; 182 + 475 + 12 + 65 + 68 + 12.5 + 36 + 150 = $1000.5
We can see that she spent more that the amount she had budgeted. This means she didn’t stay within the total amount allocated for her budget
Answer: The project scope will increase
Explanation:
From the question, we are informed that there is a project manager who is halfway through a project and then his customer contacts him to say that he has been authorized to provide additional funds for the project.
This will most likely increase the project scope. The project scope simply means the work that is needed to be done in order for a particular project to be accomplished. Due to the increase in funds, it means that more work will be expected.
<span>Yes, provided that this information is relevant to the firm’s decisions.
By collecting the data about customers' needs and preference, a company could determine a strategy to obtain more customers in the future (through advertising or creating more suitable products by using the information taken from the customers). </span>