The type of problem that exists when people who can’t be excluded from using a good (product) choose not to pay for it is called a free-rider problem.
<h3>What is a
free-rider problem?</h3>
A free-rider problem can be defined as a type of market failure and burden that typically occurs when people who benefit from public goods or shared resources refuse to pay for them.
This ultimately implies that, a free-rider problem is the type of problem that exists when people who can’t be excluded from using a good (product) choose not to pay for it.
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Break even EBIT between two plans = $89864.46
What is EBIT?
EBIT (earnings before interest and taxes) is a measure of a company's profitability. EBIT is calculated as revenue less expenses minus tax and interest. Able to <u>operate earnings, operating profit, and financial gains </u>before interest and taxes are other terms for EBIT. EBIT is synonymous with operating income because it measures the profit generated by a company's operations. EBIT focuses exclusively on a company's ability to generate income from operations by ignoring variables such as tax burden and capital structure by ignoring taxes and interest expense. EBIT is a particularly useful metric for determining a company's capacity to generate enough earnings to be <u>lucrative, pay down debt, and fund current operations.</u>
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All Equity firm
Earning per share (EPS) = EBIT ( 1- tax ) / number of shares outstanding
EPS = EBIT(1-0)/ 55250
EPS= EBIT/55250
Plan 2: Debt - Equity firm
EPS = (EBIT- Interest) (1-tax) / number of shares outstanding
EPS= (EBIT- 375000*9%)(1-0)/34500
EPS= (EBIT-33750)/34500
At break even level of EBIT
EBIT/55250 = (EBIT-33750)/34500
34500EBIT= 55250*EBIT-1864687500
1864687500= EBIT(55250-34500)
EBIT= 1864687500/20750= $89864.46
Break even EBIT between two plans = $89864.46
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Answer:
Make-to-order manufacturing.
Explanation:
Different Production Types:
-Make to Stock
-Make to Order (MTO)
MTO is a production approach where products are not built until a confirmed order for products is received. Customers highly customized requests can be satisfied and reconnect the value chain to the customer.
Process characteristics:
-Each order is specific, cannot be stored in advance
-Process manger needs to maintain sufficient capacity
-Variability in both arrival and processing time
-Role of capacity rather than inventory
<span>I have a virtual relationship with them.
I am in a virtual peer relationship because we dont communicate and contact ourselves physically. It is sustained via computer or online service, phones and tablets.</span>
Answer:
Become a preexisting nonconforming use
Explanation:
Zoning
This is simply defined as a known form of work or exercise of power which is in relation to the health, safety, welfare, and morals of the public and cannot be unreasonable or arbitrary .
The reason for zoning is territorial division that is in line with the character of the lands and structures and their unique usefulness for particular uses, and uniformity of use within the division.
Rezoning
This is simply defined as the altering (changing) the zoning classification to allow new and for different uses. It can be said to be adminstrative or legislative.
Zoning Challenges includes:
1) It does not conform to General Plan
2) There is no authority to regulate
3) Spot Zoning
4) Contract Zoning & Development Agreements etc.
Pre-existing Legal/Nonconforming Uses
The Pre-existing legal uses of land is said to be valid after a zoning change. Non-conforming uses may be iincreased or intensified only if they highly/adversely affect the community. They cannot be enlarged or changed.
