Answer:
Explanation:
1) The total cost of reducing runoff if the farmers are not allowed to trade permits is:
total loss = farmer A' loss + farmer B's loss
where:
- farmer A's loss = (100 - 50) x $25 = $1,250
- farmer B's loss = (100 - 50) x $50 = $2,500
total loss = $1,250 + $2,500 = $3,750
2) The total cost of reducing runoff if the farmers are allowed to trade permits is:
Since farmer A will be willing to sell his permits to farmer B for a price that is ≥ $25 and ≤ $50, the total cost of reducing runoff is $2,500.
If farmer A sells his runoff permit at a price higher than $25 his costs will decrease but farmer B's costs will increase, so any gain due to price change is offset by the other farmer's loss.
According to business operation and standards, inflexible or unreliable processes cause organizations to produce goods before required; this is called "<u>Overproduction</u>."
<h3>What is Overproduction?</h3>
Overproduction is a term used to describe a situation in which a business firm produces or supplies an excess quantity of products that is way more than the quantity demanded in the market.
<u>Overproduction</u> of products usually leads to lower prices and sometimes unemployment of labor.
Hence, in this case, it is concluded that the correct answer is option C. "Overproduction."
Learn more about Overproduction here: brainly.com/question/8900736
the answer is d; college educated
C or a , not sure which one
Explanation:
An organization with a strong ethical compliance program is much more valued by its stakeholders, because the globalized world and new communication technologies have brought companies closer to consumers, which has generated a much greater relationship than just based on consumption, today people are informed beforehand about the history of companies, their values and ethical and responsible conduct, looking for companies that add something positive in society besides just profitability.
Therefore, having a positive image on the market helps organizations increase their value to consumers and investors, which creates relationship marketing based on trust and identification. For companies to maintain standards based on ethics generates significant advantages such as being more competitive, attracting more customers, having a positive organizational climate, being better positioned in the market, etc.
