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Veseljchak [2.6K]
3 years ago
9

Using your economic knowledge and the information you learned about Oprah Winfrey compose a well-written three-paragraph biograp

hy about her that illustrates the importance of the US market-based economy in the entrepreneur’s success.
Business
1 answer:
Nezavi [6.7K]3 years ago
6 0

Answer:

Oprah Winfrey is living proof that the American dream is alive and well.

Explanation:

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Grover Corp. manufactures three products, and is currently facing a labor shortage. The selling price, costs, and labor requirem
Svetradugi [14.3K]

Answer:

A, C, B

Explanation:

Calculation to determine In what order should Grover Corp. prioritize production of its products to maximize profit during the labor shortage

Product A Product B Product C

Selling price $ 44.00 $ 18.00 $ 28.50

Less Variable cost per unit

$ 28.00 $ 15.00 $ 27.00

=Contribution margin per unit

$16.00 $3.00 $1.50

÷Direct labor hours per unit 2.00 1.50 .50

=Contribution margin per labor hour

$8.00 $2.00 $3.00

PRODUCT A=$16.00÷2.00

PRODUCT A=$8.00

PRODUCT B=$3.00÷1.50

PRODUCT B=$2.00

PRODUCT C=$1.50÷.50

PRODUCT C=$3.00

RANKING:

PRODUCT A=$8.00

PRODUCT C=$3.00

PRODUCT B=$2.00

Therefore based on the above calculation the order that Grover Corp.should prioritize production of its products to maximize profit during the labor shortage will be from the highest Contribution margin per labor hour to the lowest which are A,C,B

5 0
3 years ago
Read 2 more answers
In general, reducing the interest rate (i) of a credit card but keeping the present value (PV) and number of periods (n) the sam
Artyom0805 [142]

Answer:

increase the monthly payments

Explanation:

3 0
3 years ago
Hair Stylist Woes. Maryann went to see her hair stylist, Candy. Maryann, who had black, curly hair, requested straight, blond ha
Tom [10]

The statement in regards Candy is that Maryann is incorrect because general damages would be presumed. Thus the correct option is (D).

<h3>What are General Damages?</h3>

Damages that inevitably and directly result from a contract breach. Or, to put it another way, those losses that, in a perfect world, every damaged party would sustain is known as the General Damages.

As per the above situation, Candy is suffering from the loss of the reputation due to the Maryann actions against her for writing the editorial and spreading the wrong news about her saloon.

Candy is the subject of the claim, and Maryann is mistaken since general damages would be assumed. hence, the appropriate choice is (D).

Learn more about breach of contract here:

brainly.com/question/24259882

#SPJ1

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2 years ago
A government leader determines that the 5% unemployment rate is too high. She asks her staff to research policy options to reduc
kaheart [24]

Answer:

4 alnylisssss

Explanation:

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3 years ago
Need help in personal finance.
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Current market conditions
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