Answer: C drop in the bucket
Explanation: its the correct answer
It is TRUE that the basic idea dealing with how a business meets its customers' needs, the functions and operations that it organizes, and the finances is mostly captured in its business model.
- Basically, a business model is a profit-making plan. It expresses the products and services that a business has devised to meet customers' needs, using the bases of a given target market and expected costs.
- Differing components have been identified by various researches that form a business model. There is no general agreement as to what the components should be.
- However, the focus of a business model is on customers, infrastructure, and capturing value from business activities. These activities consume resources, which is at the center of the relationship between customers and value creation.
Thus, a business model is an important idea or plan that must be created at the beginning of a business to make it a value-creating venture.
Read more about an example of a business model at brainly.com/question/1171429
Answer:
option (2) q1 = 16; q2 = 12
Explanation:
Given:
P = 100 - 2(q1 + q2)
here,
q1 is the output of Firm 1 and q2 is the output of Firm 2
Firm 1's marginal cost = $12
Firm 2's marginal cost = $20
Now,
Profit maximising level of output is attained where the marginal revenue equals the marginal cost
Thus,
for firm 1,
Total revenue, TR = P×Q
TR = (100 - 2q1 - 2q2) × q1
or
TR = 100q1 - 2(q1)² - 2(q1)(q2)
also,
MR = 
thus,
MR = 100 - 4q1 - 2q2
MC = $12
now
MR = MC
or
100 - 4q1 - 2q2 = 12
or
88 = 4q1 + 2q2
or
q2 = 44 - 2q1 ............... (1)
also,
for firm 2, we have
TR = (100 - 2q1 - 2q2) × q2
or
TR = 100q2 - 2(q1)(q2) - 2(q2)²
and,
or
MR = 100 - 2q1 - 4q2
and
MC = $20
Now,
MR = MC
or
100 - 2q1 - 4q2 = 20
or
80 - 4q2 = 2q1
or
40 - 2q2 = q1 .....................(2)
Now,
substituting the value of q2 from (1), we get
q1 = 40 - 2(44 - 2q1)
or
q1 = 40 - 88 + 4q1
or
3q1 = 48
or
q1 = 16 units
substituting the value of q1 in equation (1) , we get
q2 = 44 - 2 × 16
or
q2 = 12 units
Therefore,
The correct answer is option (2) q1 = 16; q2 = 12
Answer:
$56.74
Explanation:
Base on the scenario been described in the question, we can use the following method to solve the problem
Solution Correct Response Calculate the amount financed, the finance charge, and the monthly payments for the following add-on interest loan. Purchase(Cash) Price Down Payment Amount Financed Add-onInterest Number of Payments Finance Charge $78810% $8%12 $56.74
Answer:
Dr Treasury stocks 200
Cr Cash 200
Explanation:
Whenever treasury stock is repurchased, you must record the full purchase price under treasury stock account (debit balance) and credit cash or any other asset used to pay for them.
Treasury stock is a contra equity account that reduces the value of shareholders' equity, that is why it has a debit balance while shareholders' equity has a credit balance.
