What is the main purpose of conducting an informational interview?

Tom and Jerry have two tasks to do all day: make dishes and build fences. If Tom spends all day making dishes, he will make 16 d

daser333 [38]

Answer:

For Jerry, the opportunity cost of building a fence is not making 2 dishes.

Explanation:

The opportunity cost refers to the benefit you lose when you choose one option over another one. In this case, the opportunity cost for Jerry when he decides to build fences is that he won't be able to make dishes. So, as he can build 7 fences or make 14 dishes in a day, the opportunity cost of building a fence is that he won't be able to make 2 dishes.

6 0

2 years ago

Advantage of

Allushta [10]

Market penetration- quick diffusion and adoption of your product in the marketplace, incentives to be efficient, discouragement of competition and creation of goodwill

proud to development- keeping pace, seizing opportunities, providing opportunities and being newsworthy

market development- gaining new customers, increased revenue and company growth

diversification- minimizing risk of loss, preserving capital and generating returns

3 0

3 years ago

there were 200 tickets sold for a college basketball game. Tickets were $4.50 for students and $9 for adults. The total amount c

Virty [35]

Answer:

$70$ tickets were sold to student and $130$ tickets were sold to adults

Explanation:

Let the number of tickets purchased by students be "X" and the number of tickets purchased by adults be "Y"

Given

Total number of tickets sold $= 200$

Total amount collected by selling $200$ tickets $= 1485$ dollar

Cost of one ticket of student $= 4.5$ dollar

Cost of one ticket of adult $=$ 9 dollar

Two equation are as follows

$X + Y = 200\\$ ------Eq (1)

$4.5 X + 9 Y =1485$ -------- Eq (2)

Multiplying eq (1) by 9 and subtracting from equation 2 we get

$4.5 X - 9 X + 9Y -9Y = 1485 - (200* 9)\\-4.5 X = -315\\X = 70$

Substituting the value of X in equation 1 we get

$70 + Y = 200\\Y = 200 -70 \\Y = 130$

Therefore, $70$ tickets were sold to student and $130$ tickets were sold to adults

8 0

2 years ago

Which of the following is a common human relations mistake?

telo118 [61]

D is. It's very wrong to underestimate somebody's abilities or knowledge. We should never do that. It's also rude.

3 0

3 years ago

Producer surplus is defined as the:difference between a price floor and the market price.gap between the supply curve and the ma

klemol [59]

Answer:

Gap between the supply curve and the market price.

Explanation:

Producers surplus refers to the surplus that a producer of a commodity can obtain. The producers surplus is the difference between the producer's willingness to accept the price and the actual price they have received.

Producers surplus = Actual market price - Willingness to accept the price

Graphically, it is the area between the upper portion of supply curve and the market price.

7 0

2 years ago