Answer:
D
Explanation:
I'm sure the question was geared toward teaching you the difference between elastic and inelastic.
If your demand for a product does not change even if the price goes up, then the demand is considered to be inelastic.
However, the question posed to get this teaching point across made the answer almost impossible. A drug addict's demand can drastically change from day to day depending on how readily that person can get hold of the money needed. One day money may not be a problem so the expenditure will increase because their demand is price-inelastic. The very next day the person may not be able to find any money at all. Therefore, the expenditure will decrease because their demand is price-elastic
Answer:
The single-factor productivity of the firm is 1 seat per labor hour.
Explanation:
The Single-factor productivity means the output when a unit of input is used. It is used to identify how many resources are used to produce a unit output.
The Acme Aircraft produce 1 aircraft seat per labor hour.
The single-factor productivity is calculated by formula
:
Output/Input
No. of seats produced / ( No. of workers * Hours worked )
Single Factor Productivity = 2 Seats / 4 workers * 0.5 (30/60) hours
Answer:
Take a minority equity interest in the operation.
Explanation:
Multiple Choice
a) Sell competitive advantage to competitors.
b) Agree to import another product from the Asian market.
c) Take a minority equity interest in the operation.
d) Withhold vital process technology from the local firm.
e) Establish a franchise operation.
A turnkey strategy is a market entry position where the project is built from the ground up and turned over to the client ready to go – turn the key and the plant is operational. This is a very good way to enter foreign markets as the client is normally a government. While when one takes a minority equity interest they do not have the votes to control the operations and finances of the the company’s business.
Kaylee, the Chief Financial Officer for a metal refinery, Kaylee reasons that the company doesn't have longterm interest in the Asian market advises to take a minority equity interest in the operation in order not to lose financially.
Answer:
to and n = 23 for the 95% confidence interval for the mean
2
Explanation:
You will do 500 divide by 50 that will get you 10. that means quantive production scheduling means they will have less.
