How much should an airline charge students for a ticket if the price it charges the general public is $360?

Mr. Manning is looking to invest in a one-year stock option and has four possible options. The four options have various rates o

ELEN [110]

Answer:

Mr. Manning

a. YHA is the best expected value decision with an expected value of $59,766.

b. HTC is the worst expected value decision.

Explanation:

a) Data and Calculations:

Stock Market Rising Market Stable Market Falling

SUA $68,082 $47,373 $36,362

YSP $64,850 $49,320 $44,865

HTC $57,198 $52,949 $50,605

YHA $59,766 $59,766 $59,766

Expected Value:

Stock Market Rising Market Stable Market Falling Expected Value

Probability 60% 30% 10%

SUA $68,082*60% $47,373*30% $36,362*10% = $58,697

YSP $64,850*60% $49,320*30% $44,865*10% = 58,163

HTC $57,198*60% $52,949*30% $50,605*10% = 55,264

YHA $59,766*60% $59,766*30% $59,766*10% = 59,766

SUA = $40,849.20 + $14,211.90 + $3,636.20 = $58,697.30

YSP = $38,880 + $14,796 + $4,486.50 = $58,162.50

HTC = $34,318.80 + $15,884.70 + $5,060.50 = $55,264

YHA = $35,859.60 + $17,929.80 + $5,976.60 = $59,766

6 0

3 years ago

______________ knowledge refers to the entrepreneur's possession of information, technology, know-how, and skills that provide i

olga_2 [115]

Answer:

The correct word for the blank space is: Market.

Explanation:

Market knowledge refers to the collection of information about the business and all its resources being offered to the market. It does not only help entrepreneurs to have a better understanding of what the firm is and what it can do but also allows them to improve the decisions they take to direct the business process towards the organizational goal.

6 0

3 years ago

Jamie works as a salesperson at a car dealership. He takes his sales very seriously. After selling a car to a customer, he waits

Alika [10]

Answer:

cognitive dissonance

Explanation:

Cognitive dissonance -

It is a type of mental stress which is felt by a person , who have two or more contradictory ideas or beliefs regarding any action , is known as cognitive dissonance .

This problem increases due to any new idea or new approach .

hence , from the question , Jamie , being a good salesperson , after selling the car , wait at least for a week and then call the customer to to insure them for their good decision .

Hence , Jamie is trying to reduce cognitive dissonance .

7 0

3 years ago

The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable

likoan [24]

Answer:

The total budgeted manufacturing overhead for November is $125,000

Explanation:

The total budgeted manufacturing overhead for November comprises of the budgeted variable manufacturing overhead of $5 per direct labor(where total labor hours are 8,500) plus the budgeted fixed manufacturing overhead of $90,000 for the month.

Budgeted variable manufacturing overhead($5*8500) $35,000

Budgeted fixed manufacturing overhead $90,000

Total budgeted manufacturing overhead for November $125,000

The overhead projected to be incurred in November is $125,000

7 0

3 years ago

Read 2 more answers

Difference between relative and absolute scarcity

Arisa [49]

Answer: Relative scarcity could be described as that where the resources are limited in supply for a short while, due to manufacturing or supply challenges.

Absolute scarcity could he described as where supply is naturally limited. No possibility of the supply increasing.

Explanation:

Relative scarcity could be described as that where the resources are limited in supply for a short while, due to manufacturing or supply challenges.

Absolute scarcity could he described as where supply is naturally limited. No possibility of the supply increasing.

In relative scarcity, there is a probability of the supply to be made available later while in absolute, there is no possibility of it happening.

7 0

2 years ago