Answer:
a)
P 175
Q = 250
Profit6,250
b)
P 325
Q = 875
Profit 153,125
c)
Q = 1200
P = 260
Profit = 287,000
Explanation:
It maximize profit at MR = MC
MR = 200 - 0.2Q
MC = 150
150 = 200-0.2Q
Q = 50/0.2 = Q = 250
Price:
250 = 2000 - 10P
P = 1750/10 = 175
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<u>Profit: revenue - cost</u>
$175 x 250 session - $150 per session = 6,250
<em>At new functions:</em>
150 = 500-0.4Q
Q = 350 / 0.4 = 875
Price:
875 = 2,500 - 5P
P = (2500-875)/5= 325
<u>Profit</u>
(325 - 150) * 875 = 153,125
<u>If cost changes:</u>
cost: 1000 + 20Q
marginal cost: 20
20 = 500 - 0.4Q
Q = 480 / 0.4 = 1,200
Price:
1,200 = 2500 - 5P
P = 1300/5 = 260
<u>Profit</u>
(260 - 20)Q - 1,000 = 287,000
Answer:
Inbound logistics
Explanation:
Inbound logistics is the process of obtaining raw materials, and other goods and services, to the firm, while outbound logistics is the process of delivering the final goods and services from the firm to the customers.
In this case, the retail company is engaging in inbound logistics because it is procuring the raw materials from local farmers. Once these materials reach the firm, it can transform them into the agricultural produce and consumer produce that it sells.
Answer:
$400 .Since inventory is valued at cost or market value(current replacement cost) whichever is lower .
Therefore value of inventory : $400*8=$3200
Explanation:
Self -leadership is the process of influencing the one's own behavior and also the behavior of the other people around them.The First step of self Leadership is<u> Personal Goal setting</u>
Explanation:
Self leadership is normally defined as the process in which a individual is able to control his own behavior and at the same time he leads and influence others to follow them . These individuals use several behavioral strategies to empower and lead others people
<u>The Five element of Self Leadership are </u>:-
- Personal Goal Setting
-
Constructive Thought Patterns
- Designing Natural Rewards
- Self-monitoring
-
Self-reinforcement
<u>Self-leadership Strategies includes</u>
- <u>Personal Goal Setting</u>
- <u>Designing Natural Rewards</u>
- <u>Constructive Thought Patterns</u>
1837 Douglass joined the East Baltimore Improvement Society.
