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3 years ago

Read the text and answer the question.

Business

1 answer:

mel-nik [20]3 years ago

8 0

Answer:

1. Time is scarce so Trey must decide whether to buy the car as soon as possible or to keep his position on the team

2. Entrepreneurship

3. A supply truck

4. Josephine felt she could help students most by improving teachers' skills

5. Profit

6. The ability to produce goods at a lower price

7. Feels the marginal benefit of an extra hour of studying exceeds the marginal cost of not playing basketball.

Explanation:

1. Trey should not take too long to make his decision as time is scarce. If he does, then the price of the car may fluctuate or someone else might end up buying it.

2. Janice is the one who came up with the idea of setting up the business and she is also the risk-taker here. For this reason, she represents entrepreneurship.

3. A supply truck is the capital for a construction company because it is used as an input to deliver the material.

4. Josephine identified the problem that teachers need to be taught better management skills for the sake of students' success.

5. Profit is one of the many major goals of business owners because that amount is used to pay for future business-related needs. It is also important because it keeps the business up and running.

6. Singapore offered lowered rates of production. Although other facilities are better in Michigan the cost of production will increase a lot. Therefore, the ability to produce goods at a lower cost is the opportunity cost.

7. Russel believes that studying extra will make his future bright than playing basketball. Also, the benefits of studying are more than the disadvantages of not playing basketball.

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Small business owners usually invest little money into new marketing strategies because

aleksandrvk [35]

The answer is: many small business owners invest money into other areas of the business.

Small business usually still struggle in paying all the necessary expense for daily operation. So they cannot afford the marketing strategy that require a lot of capital (such as magazine, billboards, television, etc.). Business start to put more into marketing strategies when it inteded to be a player in a large market.

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3 years ago

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Identify a true statement about process layouts.

iragen [17]

Answer:

b. they can be used to produce a variety of products without the need for expensive retooling.

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3 years ago

Two incinerators are being considered by a waste management company. Design A has an initial cost of $2,500,000, has annual oper

Vika [28.1K]

Answer:

Desing A: 23,024,370‬

Desing B: 22,520,274.6

It should purchase desing B as the capitalized cost is lower.

Explanation:

We consider annuity for the overhauls and then, perpetuity to consider this incinerators will last indefinitely.

maintenance cost: 800,000 / 0.05 = 16,000,000

Overhaul:

The company will need to fund 1,250,000 every 5 years. We need to determinate the annuity to obtain this future value:

$FV \div \frac{(1+r)^{time} -1}{rate} = C\\$

PV 1,250,000

time 5

rate 0.05

$1250000 \div \frac{(1+0.05)^{5} -1}{0.05} = C\\$

C $ $ 226,218.498

Then at perpetuity:

$ 226,218.498 / 0.05 = 4,524,370

Desing A capitalized cost:

2,500,000 + 16,000,000 + 4,524,370 = 23,024,370‬

We do the same for Desing B:

investment: 5,750,000

maintenance: 600,000 / 0.05 = 12,000,000

overhaul:

$3000000 \div \frac{1-(1+0.05)^{-10} }{0.05} = C\\$

C $ 238,513.725

238,513.73/0.05 = 4,770,274.6

Capitalized cost: 5,750,000 + 12,000,000 + 4,770,274.6 = 22,520,274.6‬

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3 years ago

abc and xyz agree to maximize joint profits. However, while ABC produces the agreed upon amount, XYZ breaks the agreement and ea

Marat540 [252]

Answer:

The answer is "$ 140".

Explanation:

The company produces the quantity MR = MC and if there is no quantity MR = MC, the amount throughout the case MR is just greater and closest to MC to maximize profit.

Here MR = marginal income and marginal cost =MC

MR = $\frac{Overall \ sales \ change}{Quantity\ shift}$

In the above table, we could see that the amount MR = MC = 8 isn't available. Thus it produces the amount where the MR

is only larger but nearest to MC.

25 unit MR = $\frac{TR \ change}{Quality \ change}$

$= [TR (when \ Q = 25) -TR \frac{(when \ Q = 20)]}{(25 - 20)}$

$= \frac{(450 - 400)}{5}= 10$

(Minimum and superior to MC)

MR of 30 units $=\frac{(480 – 450)}{(30–25)}=6$ , similarly MR of 30 units.

Consequently, 25 units were produced and 12.5 units were produced.

Currently, XYZ breaks the agreement and produces three more so thus maximum quantity produced on a market = 25 + 5 = 30 and through the above table they see which if quantity = 30, price = 16.

XYZ produces 12.5 + 5 = 17.5 output from 30 units.

Cost Total = TVC + TFC

Total TVC = Total Cost for Variable TFC = Maximum Cost of TFC = 0.

If MC is stable, TVC = MC $\times$ Q = 8 $\times$ q, where Q = exposed to the real produced and XYZ produces 17.5 in this case.

Total expenditure (TC+) is TVC = TFC = 8 $\times$ 17.5.

Take control = TR - TC = TC = 16 $\times$ 17.5 - 8 $\times$ 17.5 = 150.

So the business XYZ is profiting = 140

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3 years ago

Bolton Tire Manufacturing and the union came to an impasse during negotiation of the collective bargaining agreement. Specifical

Maslowich

Answer:

The correct answer is the option A: the employees have engaged in an unfair labor practice strike.

Explanation:

To begin with, due to the fact that the union was already establishing the area for the negotiation and they might have planeed obviously to keep trying to increase the situation in their favour then the action taken by the employees was a bit hurry and was obvious that was not thought very well with calm minds and therefore that they engaged in an unfair labor practice strike because they had to be patience and wait for the union to improve the situation for them, because their are the representatives and if the company sees that the workers do not obey to the representatives then the union will lose negotiation power and the situation will get worse for them.

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3 years ago