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3 years ago

In a long-run equilibrium,

Business

1 answer:

Serga [27]3 years ago

8 0

Answer: Option (d) is correct.

Explanation:

Correct option: Only a perfectly competitive firm operates at its efficient scale.

In the perfectly competitive market and in the long run, the firms who are making losses will exit the market and those firms who are able produce at a point where price is equal to the average total cost will exist in the market.

However, monopolistic firms operates at a below efficient level of production and with an excess capacity.

Competitive firms are generally enjoys the productive efficiency in the long run because these firms have the capability to produce at a lower average total cost.

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You and your friends hike a total of 8 miles to the nearest campsite (Activity A). Upon arriving you break off into teams. One t

IgorLugansk [536]

Answer:

a. The critical path is 16 minutes.

b. The length of time to complete the entire process = 23 minutes.

Explanation:

a) Data and Calculations:

Activity Optimistic time Most Likely Time Pessimistic Time

to complete to Complete to Complete

A Hike to the campsite 3 5 8

B Set up campsite 2 4 5

C Collect wood for fire 1 3 5

D Start a fire 1 2 3

E Find water 0.5 1 3

F Collect water & bring it

back to camp 1 2 4

G Purify the water 1 2 4

H Cook and eat dinner 1 3 4

I Put out fire 1 2 4

J Dispose of food waste 0.5 2 3

K Return from food

waste disposal 0.25 1 2

Total time 12.25 27 45

Critical path: Activity A - Activity B

Activity A - Activity C 3 - Activity D 2 - Activity E 1 - Activity F 2

Activity G 2 - Activity H 3 - Activity I and J 2 - Activity K 1

= 3 + 2 + 1 + 2+ 2 + 3 + 2 + 1 = 16 minutes

Length of time to complete the entire process = 27 - 4 = 23

The critical path identifies the longest stretch of dependent activities and measuring the time required to complete them from start to finish.

5 0

3 years ago

THE SUBJECT IS ACTUALLY SCIENCE HOW DO WE CLASSIFY THE BIODIVERSITY OF LIVING THINGS

Gnesinka [82]

Answer:

can be described and measured at three different levels: species, genetic, and ecosystem diversity. Species diversity refers to the number of different species in an ecosystem or on Earth as a whole.

Explanation:

5 0

3 years ago

Read 2 more answers

Meena Chavan Corp's computer chip production process yields DRAM chips with an average life of 2,000 hours and s = 120 hours. Th

AnnZ [28]

Answer: a.)Cp= 1.25 ; b.) process is very capable ; c.) 0.83 ; d.) does not meet requires specification.

Explanation:

Given the following ;

Average chip life = 2000 hours

Standard deviation = 120 hours

Tolerance upper specification limit = 2600 hours

Tolerance lower specification limit = 1700 hours

A.) process capability ratio (Cp) :

Cp = (Upper specification limit - Lower specification limit) ÷ 6(standard deviation)

Cp = (2600 - 1700) ÷ (6 × 120)

Cp = 900 ÷ 720 = 1.25

B.) Capability ratio of 1.25 demonstrated that it is very capable.

C.) process capability ratio index(Cpk) :

Mean (X) = (Upper specification limit(US) - Lower specification limit(LCL))

Mean(X) = 2000

Lower Cpk = (X - LSL) ÷ 3(standard deviation)

Lower Cpk = (2000 - 1700) ÷ (3 × 120)

Lower Cpk = 300 ÷ 360 = 0.83

Upper Cpk = (USL - X) ÷ (3 × Standard deviation)

Upper Cpk = (2600 - 2000) ÷(3×120)

Upper Cpk = 600 ÷ 360 = 1.67

Cpk = Minimum_of (Upper Cpk, Lower Cpk)

Cpk = Minimum_of (1.67,0.83)

Cpk = 0.83

D.) Cpk < 1.0, shows that it does not meet required specification.

3 0

4 years ago

Read 2 more answers

Jessica who owns a restaurant in New York City and is generating handsome profit from the business, has decided to take a portio

lara [203]

Answer:

Financialisation

Explanation:

Financialisation is about changes in the actual conduct and meaning of work .

5 0

3 years ago

A proper greeting is essential to which part of the sales process?

Allushta [10]

I’m not sure but maybe c

3 0

3 years ago