Based on the graph: http://assets.openstudy.com/updates/attachments/56b3c23ce4b067e118206d4d-chiinniita__-1454621262259-... we say that the zone A is a price ceiling and the scenario could be that the more quantity of things you sell it will tend to increase the prices of the supplies
Answer: $66,150
Explanation:
The leadoff event is priced at $23 out of the $78 and the rest of the 5 events will be priced equally.
This means that after the first event, the other 5 will cumulatively be valued at;
= (78 - 23)/5
= $11
The other events are priced at $11 each.
For the first 3 events therefore;
First event = $23 and the other 2 events are $11 each;
= 23 + 11 + 11
= $45
Tickets sold are 1,470;
Revenue from first 3 = 45 * 1,470
= $66,150
The correct answer is C. Time draft
Explanation:
In trade, a time draft is a document that acts as credit, this means the buyer of the product can get the product and pay it after a certain amount of time, which is stipulated through the draft. Moreover, this draft is accepted by both the buyer and the seller, and it is most commonly used in international trade. This type of draft is the one used in the case presented because the payment will occur in the future rather than immediately as it occurs in other types of drafts such as a sigh draft or in regular trade drafts. Also, in this case, the buyer obtained the good (oil painting) before payment occurs and the draft acts as a promise of paying.
Answer:
C) quantity supplied of those machines will go up.
Explanation:
the options are missing:
A
) quantity demanded for those machines will increase.
B) demand for those machines will shift right.
C) quantity supplied of those machines will go up.
D) quantity supplied of those machines will decrease.
If production costs decrease, the supply curve will shift to the right, increasing the total quantity supplied while decreasing the sales price. Advances in technology increase productivity, which allows companies to supply a higher amount of goods at lower prices, which in turn increases the total quantity demanded for these goods.
Answer:
Cross functional team
Explanation:
Cross-functional team - it is refer to that team that consist of people from different department and works for a common minimum program. The reason behind forming the Cross-functional team is to divide the work into the team and reduce the chances of politics that prevail within the department.
cross-functional teams help to synergies the environment that is comprised of different skills and experience and ultimately lead to creative outputs.
