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Setler [38]
2 years ago
5

Greeting is the initial stage of the personal selling process that allows the sales person to "break the ice with the prospect.

Business
1 answer:
umka21 [38]2 years ago
6 0

Answer:

true

Explanation:

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A profit-maximizing firm in a competitive market is currently producing 200 units of output. It has average revenue of $9 and av
german

Answer:

It breaks down on two parts to be fully explained.

Explanation:

Part 1

The correct answer is:

The D option (All of the above are correct) which applies perfectly in the firms of competitive markets.  

Part 2

Referred to Table 2.

For this firm, the average revenue from selling 3 units is A) $12. B) $4. C) $3. D) $1.

Table 2

The reference to table 2 represents a demand curve faced by a firm in a competitive market.

Price Quantity

$4         0

$4         1

$4         2

$4         3

$4         4

$4         5

The correct answer is:

The B option ($ 4)  which it would represent the overall average revenue from selling 3 units.

7 0
3 years ago
a) Determine a minimum inventory production plan (i.e., one that allows arbitrary hiring and firing). b) Determine the productio
PIT_PIT [208]

Answer:

Hello your question is incomplete attached below is the complete question

answer:

A) 32 units ( number of units per month per worker )

B) number of workers required = 975 / 32 ≈ 31

c) mean of the two values = 138 + 41 ) / 2 = $89.50

Explanation:

A) Determine a minimum inventory production plan ( i.e. one that allows arbitrary hiring and firing )

The number of units per month per worker = 32 units

To have a minimum/least inventory; production plan  = demand by hiring or firing

of employees

<em>attached below is the table </em>

B)  determine the production plan that meets demand but does not hire or fire workers during the six-month period

To determine this production plan we have to find the per month production = (Total demand - beginning inventory ) / 6

                   = ( 6350 - 500 ) / 6  = 975 units produced

number of workers required = 975 / 32 ≈ 31

C) Calculate The cost of subcontracting needed to beat the cheaper of the two options above

regular cost = 8 * 5 = $40

we will keep 30 workers in order to determine how much subcontracting is needed and the maximum and minimum value of each unit is kept hence the overall cost <  $253900.

if subcontracting cost = $138  then total cost = $253820

If subcontracting cost = $41  then total cost = $245090.

Therefore mean of the two values = 138 + 41 ) / 2 = $89.50

D) subcontracting cost of $50 formulating a LP and solve to optimality for the constraints of this problem

Z <= (Y+1)*7680 , X + 32Y >= 5850

6 0
2 years ago
Nutech Corp. is expecting the following cash flows—$79,000, $112,000, $164,000, $84,000, and $242,000—over the next five years.
Alja [10]

Answer:

$429,560

Explanation:

Present value will be calculated through the PV formula,

PV = \frac{C1}{1+r}  + \frac{C2}{(1+r)^{2} } + \frac{C3}{(1+r)^{3}} + \frac{C4}{(1+r)^{4}} + \frac{C5}{(1+r)^{5}}

r = 15%

C1 = $79,000 ,C2 = $112,000 ,C3 = $164,000 ,C4 = $84,000 ,C5 = $242,000

Substituting the values in the formula,

PV = \frac{79,000}{1.15}  + \frac{112,000}{(1.15)^{2} } + \frac{164,000}{(1.15)^{3}} + \frac{84,000}{(1.15)^{4}} + \frac{242,000}{(1.15)^{5}}

PV = 68,695.66 + 84,688 + 107,838 + 48,030.2 + 120,338.14

PV = $429,560

The present value of the cash flows of Nutech Corp. over the next five years is $429,560.

8 0
3 years ago
Airline Accessories has the following current assets: cash, $96 million; receivables, $88 million; inventory, $176 million; and
garri49 [273]

Answer and Explanation:

The computation of the current ratio and the acid ratio is shown below:

The current ratio is

= Current assets ÷ current liabilities

= ($96 + $88 + $176 + $12) ÷ ($86 + $29)

= $372 ÷ $115

= 3.23 times

And, the quick ratio is

= Quick assets ÷ current liabilities

= ($372 - $176) ÷  ($86 + $29)

= $196 ÷ $115

= 1.70 times

Hence, the current ratio and the acid-test ratio is 3.23 times and 1.70 times respectively

5 0
3 years ago
Suppose that Portugal and Austria both produce beer and cheese. Portugal's opportunity cost of producing a pound of cheese is 3
Maksim231197 [3]

Answer:

Portugal and Austria

Comparative Advantage in the Production of Beer and Cheese:

1a. Portugal

b. Austria

2. a. 3 barrels and

b. 0.09 or 1/11 pounds

3.  A. 4 barrels of beer per pound of cheese

Explanation:

a) Data and Calculations:

Portugal's opportunity cost of producing a pound of cheese = 3 barrels of beer

Austria's opportunity cost of producing a pound of cheese = 11 barrels of beer

Price of trade (cheese in terms of beer) = 11/3 = 3.667 = 4

b) Portugal's comparative advantage over the production of cheese is her economy's ability to produce cheese at a lower opportunity cost than Austria.  This comparative advantage gives Portugal the ability to sell cheese at a lower price than Austria and realize a more favorable balance of trade.

7 0
3 years ago
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