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Mila [183]
3 years ago
13

Gourd supermarkets has an extensive training program for all new employees and then has all employees spend a day in customer se

rvice and workplace safety training each year. alphabeta company offers employees opportunities to move laterally, learning different skills in different areas, rather than climb a vertical career ladder. evan counts on his employer to tell him what he needs to know and what to do.
Business
2 answers:
nignag [31]3 years ago
6 0
<span>In a lateral learning business dynamic as mentioned in this fact pattern, training becomes an absolute necessity. Training must occur with every lateral move into a different area of expertise. This becomes especially necessary in a safety environment such as is described. The ear wear and eye wear that is necessary for the job must be explained in detail and all employees must certify that they are competent in its use.</span>
Angelina_Jolie [31]3 years ago
3 0

<u>The majority of the carpet is produced in Georgia and Dalton, but the number of manufacturers is less than 100, it means the carpet market has relatively few business-to-business (B2B) customers as compared to the customer market. </u>

Further Explanation:

The product which has more Business to business consumers is concentrated in one area. The reason for geographical concentration is to reduce the transportation cost that is incurred in transporting products from one place to another and to avoid damaging goods in transportation.  

The Carpet market is mainly business to customer market; it implies that the products are manufactured and sold directly to the customers. The consumers of the products are usually spread geographically. In the case of business to business market, the businesses are concentrated in one area.

<u>Although the majority of the production is taking place in Georgia and Dalton, the number of manufacturers is less because the carpet market has less business-to-business consumers than other consumers. Therefore, the number of consumers in the market is less than 100. </u>

Learn more:

1. Demand and type of goods

brainly.com/question/11220857

2. Demand and supply of goods

brainly.com/question/11045011

3. Elasticity of demand

brainly.com/question/2396092

Answer details:

Grade: High School

Subject: Business Studies

Chapter: Industry and Commerce

Keywords: Despite the fact that 90% of the carpet produced today is made within a 65-mile radius of Dalton, Georgia, there are less than 100 manufacturers in this area, demonstrates the fact that.

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Answer: Hello your question is poorly written attached below is the complete question

answer:

a) Cs = 800,000 ,  Ps = 1,500,000

b) Cs = 1437500,  Ps = 525,000

Explanation:

Demand function ( Qd ) = 200,000 - 4000 P

supply function ( Qs ) = 20,000 + 2000 P

at equilibrium :  200,000 - 4000P = 20,000 + 2000P

therefore ; P = 180,000 / 6000 = 30

Q = 20,000 + 2000 ( 30 ) = 80,000

<u>a) Determine consumer and producer surplus in the market</u>

consumer surplus ( Cs ) This is the area above the price and below the demand curve  = 1/2 * ( 50 - 30 ) 80,000 = 800,000

producer surplus ( Ps ) This is the area above supply and below price

= 30 * ( 80,000 ) -  1/2 (80,000 - 20,000 ) (30)

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<u>b) Determine the new levels of consumer and producer surplus with a price ceiling of $15 </u>

Pc (ceiling price ) = $15

Qd = 200,000 - 4000 ( 15 )  = 140,000

Qs = 20,000 + 2000 ( 15 ) = 50,000

∴ New consumer surplus = area ( a , Pc, b, d )

= ( 30 - 15 ) (50,000) + 1/2(50-30) (80,000) - 1/2 (80,000 - 50,000 ) (37.5 - 30)

   = 1437500

New producer surplus = area ( Pc , b, e 0 )

= ( 15 ) ( 50000) - 1/2 ( 50,000 - 20,000 ) (15)

= 525,000

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Answer:

1. A basic finding of labor economics is that workers who have more experience in the labor force are paid more than workers who have less experience (holding constant the amount of formal education). True

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A worker with more experience means more on-the-job training, this drastically increases the worker's value of the marginal product of labor.

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