Answer:
The answer is e. The manager is defining the problem in terms of a solution.
Explanation:
In this scenario, what the managers are asked to do is to find a way to create eye catching ads that are able to be easily reproduced in both color and black and white.
So the main focus must be to find a solution to this problem by defining and understanding the problem or problems related to this particular objective.
When you try to clarify a problem by giving it more "solutions", what happens is that you miss the opportunity and resources to understand the problem more effectively. In the process, your objective deviates from understanding the problem to "finding solutions". This is what we describe as trying to define a problem in terms of a solution" and it decreases the value of the work.
In this case rather than addressing how to create a better add that fits both black and white and color, the manager is distracted to an unrelated problem that takes his attention and company resources away and waste them.
Answer:
10781
Explanation:
In order to find the additional annual revenue for the two method a break even point must be calculated
Method A
=-8000(1.1)^6+20000(1.1)^6-22000-(u)
=-15776.44-22000 -u
=-37776.44-u
Method B
= -52000(1.1)^6+15000(1.1)^6-17000-2u
=9995.4-17000-2u
=-26995.47-2u
Then equate the two equations
-37776.44-u=-26995.47-2u
u=10781
Simply divide the percentage change in the quantity demand with the percentage change in price, giving you a positive value of 0.5. This shows that it is inelastic and the two goods are substitutes to each other.
Answer:
D. $220,000
Explanation:
In order to calculate the selling price of each of the remaining 6 homes, we need to do the following calculations shown below:
As the average of 15 homes is $200,000 each. Therefore, the total price would be
= $200,000 × 15
= $3,000,000
Now for 4 houses, the selling price would be
= $170,000 × 4
= $680,000
And for 5 homes, the selling price would be
= $200,000 × 4
= $1,000,000.
Now the selling price for 6 homes would be
= $3,000,000 - $680,000 - $1,000,000
= $1,320,000
And the average would be
= $1,320,000 ÷ 6 homes
= $220,000
Answer:
Excluded when calculating GDP because they do not reflect current production.
Explanation:
Transfer payments such as medicare, social security, medicaid, unemployment benefits, and other welfare programs are not calculated in GDP because they do not represent government purchases of goods and services, or in other words, they do not reflect goods and services currently produced and purchased.
They are instead, resources that the government takes either in the form of taxes, debt, or money supply, and allocates, or transfers, to specific recipients.