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3 years ago

What is a plan implemented by a company promising value to its customers and converting customer payments into a profit called

Business

1 answer:

wel3 years ago

4 0

Answer:

Business model

Explanation:

A business plan can be defined as a formally written document that comprises of the financial and operational objectives (plans) of a business firm.

Basically, a business plan is a roadmap or guide that outline the goals of a business, methods on how to achieve those goals, and the timeframe required to achieve those goals.

Similarly, a business model can be defined as a plan developed and implemented by a company while expressly promising value to its customers and converting the payments made by customers for goods or services into a profit.

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The supply and demand in the regional vegetable market can be described with the following equations: Qo = 4P - 80 Qd = 100 - 2P

lesya [120]

Answer:

Individual answer to parts are given :

a. At equilibrium,

Qs=Qd

4P-80=100-2P

6P=180

P*=30

Q*= 4*30-80= 40

Equilibrium price=$30

Equilibrium Quantity= 40

b. Consumer surplus=0.5(50-30)(40)= $400

Producer surplus=0.5(30-20)(40)= $200

Total surplus= $400+$200=$600

c. Elasticity of demand at P=30 & Q=40, Ed= -2*(30/40)= -1.5

Elasticity of supply at P=30 & Q=40, Es= 4*(30/40)= 3

Demand is More inelastic than supply. So consumers will have more burden in case of prohibition of vegetables.

4 0

3 years ago

A contractor puts in a claim under a comprehensive standard general liability policy. The policy has no additional coverage, rid

kari74 [83]

Answer: $1,300

Explanation:

A comprehensive standard general liability policy is used when there are operations being conducted by a contractor or tenant. The basic policy covers property damage to other parties as well as bodily harm. Seeing as there are no additional coverages, the basic plan is in effect.

The only thing that can be covered here by the insurance company therefore is the $1,800 damage to the pedestrian because the rest relate to the contractor so are not covered,

As there is a $500 deductible, the amount the insurance company is liable for is:

= 1,800 - 500

= $1,300

3 0

3 years ago

An arbiter is consulted when ______.

m_a_m_a [10]

An arbiter is consulted when: Neither side can agree to move forward

6 0

4 years ago

If a Starbucks vanilla latte costs $5 in Seattle and 4 euros in Paris, what must the exchange rate be if purchasing power parity

Alexandra [31]

Purchasing power parity is basically the value of money in terms of what can be bought irrespective of market or region.
In the current scenario, Starbucks are expected to cost the same whether in Paris or Seattle. What matters here is the exchange rates.
If Starbucks costs $5 in Seattle and 4 Euros in Paris, the exchange rate is,

Exchange rate = Cost in Seattle/ Cost in Paris = $5/4 Euros = $1.25 per Euro or 4 Euros/$5 = 0.8 Euros per dollar. This means that Euro has more value than the dollar.

The correct answer is c.

3 0

4 years ago

Any agreement should, as a part of the services provided, allow your organization to __________ your disaster recovery plan. Sel

eimsori [14]

Answer:

The correct answer is A. Test.

Explanation:

A test is different from an experiment: Before performing a test, there is an expected result. The test is performed to show this result. In an experiment, the result is open. Very often, tests are performed as part of an experiment.

8 0

4 years ago