"Please calculate the elasticity at the
following locaations:
- elastic
- inelastic
- unit elastic portions
Thank you so much!
Assignment Directions: An oligopolist faces a kinked demand curve. In your own words, describe why firms face this situation. $600 (5,000, $550) (10,000, $500) $500 $400 Price ($) 13 (11,000, $300) 0 5,000 10,000 15,000 20,000 Quantity Theory says that oligopolies should stick to the $50000 price to maximize revenue (see the graph above) Use the graph pictured to calculate total revenue in the elastic and inelastic portions of the demand curve at the price and quantity points specified to explain the theory

Answer:

rasit

Explanation:

i got it right on plato have a nice day!

Deborah is Xenophobic. Xenophobic are those who fear or hate those who have different nationalities, race, language etc.

It is the fear and hatred for people who are percieved as aliens to the xenophobic person's culture, nation, language, race etc. Since Deborah view other nationalities as inferior, and treats them with disdain and abuse, it suggest that she hates people who, she thinks, are alien to her nationality. Therefore, the negative quality Deborah exhibit is the Xenophobia.

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Answer:

150%

Explanation:

Computation of the predetermined overhead rate

Using this formula

Predetermined overhead rate=Estimated overhead/Estimated direct labor cost

Let plug in the formula

Predetermined overhead rate=$322,500/ $215,000

Predetermined overhead rate=1.5*100

Predetermined overhead rate=150%

Therefore Predetermined overhead rate will be 150%

Answer: An exception based on contract theory.

Explanation:

Contract theory is an agreement reached by two parties over a set of deal to be entered, these negotiation met guides what the agreement is all about, violators of the agreement would attract extra bodies(Law makers) to come into their decision. At Ilc, if the guitar producers only release their workers based on good cause, it's seen as a contract theory, based on what both parties agreed.

A car repair shop has two hoists where cars can be lifted for repair work. currently customers come in at the rate of 4 per hour and are processed at a similar rate. on average 8 cars are waiting to be processed, 4 needing routine repairs and 4 needing major repairs. people are served on a first come first serve basis. , on average, customers wait for approximately 2 hours before being processed at the car repair shop.

To calculate the average waiting time for customers before being processed, we need to consider the arrival rate, service rate, and the number of cars in the system.

In this case, the arrival rate is 4 cars per hour, and the processing rate is also 4 cars per hour, indicating that the system is in a state of equilibrium.

To calculate the average waiting time, we can use Little's Law, which states that the average number of customers in a system (L) is equal to the arrival rate (λ) multiplied by the average time spent in the system (W). Mathematically, it can be represented as L = λ * W.

Given that there are 8 cars in the system (L) and the arrival rate (λ) is 4 cars per hour, we can solve for the average time spent in the system (W).

W = L / λ

W = 8 cars / 4 cars per hour

W = 2 hours

Therefore, on average, customers wait for approximately 2 hours before being processed at the car repair shop.

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Facts about fuel-efficient vehicles, scientific theories, and suggestions for energy-saving items For a younger audience, creating an environment club, interviewing kids, recycling, and statistics are appropriate.

You can reach more people in a certain age group by using age demographics. A certain age group may share cultural experiences, values, or attitudes that might help you relate to your target audience. These concepts can be used to demonstrate how your good or service matches their requirements and way of life.

When launching a business, a product, or a service from your current firm, identifying your core target audience is essential.

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Answer:Details for younger- interviewing with kids, how to recycle, start an environment club, defining “litter”

Older Audience-scientific experts’ views, energy-saving goods to buy,statistics about pollution, fuel-efficient car facts.

Explanation: I took it on edge 2023

Charging high prices for a new product to earn large profits during a time when there is little competition represents a skimming strategy.

Skimming is a pricing strategy that establishes a high initial price in the launch of a new product. The purpose is to increase the perception of the brand, create a competitive advantage, and generate sales revenue that allows for covering the initial expenses more quickly. The price decrease when the product enters the maturity and decline phase.

An example of price skimming is Apple's iPhone, using a high pricing strategy during its initial launch. After competitors release rival products, such as the Samsung Galaxy, the price of the iPhone drops so that the product maintains a competitive advantage.

Other examples of products that use this strategy are PlayStation 5 de Sony or Nike sports shoes.

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Answer:

One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.

Answer:

What is the tool of monetary policy?

Central banks have four main monetary policy tools: the reserve requirement, open market operations, the discount rate, and interest on reserves. 1 Most central banks also have a lot more tools at their disposal. Here are the four primary tools and how they work together to sustain healthy economic growth.

Explanation:

Contemporary work situations that show scientific management at work are

This is further explained below.

Generally, Federick W. Taylor was the first to promote scientific management, sometimes referred to as Taylorism.

In conclusion, Therefore Options A B D are scientific management at work.

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Complete Question

Select all of the following contemporary work situations that show scientific management at work. More than one answer may be correct.

Check All That Apply

A. Warehouse packers are having a difficult time managing the piles of items that the robots are picking off the shelves. Managers adjust the robots’ speed to coordinate with the humans’ speed. Warehouse packers are having a difficult time managing the piles of items that the robots are picking off the shelves. Managers adjust the robots’ speed to coordinate with the humans’ speed.

B. Junior high school teachers work in teams of two: one newer teacher and one seasoned teacher. The principal and assistant principal assign the teams and hold staff trainings throughout the year.Junior high school teachers work in teams of two: one newer teacher and one seasoned teacher. The principal and assistant principal assign the teams and hold staff trainings throughout the year.

C. Instead of relying on “old hands,” a political campaign director recruits from groups who are very enthusiastic about the candidate’s ideas. The director sees training as a way to shape energy into action.Instead of relying on “old hands,” a political campaign director recruits from groups who are very enthusiastic about the candidate’s ideas. The director sees training as a way to shape energy into action.

D. Print shop owners Wendy and LaShawn had high employee turnover last year. They know now to set a consistent set of standards for all employees and model that standard themselves.

Answer: An apprenticeship

Explanation: Pretty sure that other person had a stroke

Answer:

A business office is one which is established by the individuals or government for the production and distributions of goods and services with a view of earning money by satisfying the consumers.

Explanation:

They are established by the industrial,trading and service businesses.

Answer:

Black Ink

Explanation:

Answer:

black ink

Explanation:

it is more professional to use black ink

Answer:

asynchronous communication is when you send a message without expecting an immediate response. For example, you send an email. I open and respond to the email several hours later. You can choose anyone you know for the example of people who are like that part. <3

Explanation:

Answer:

3

Explanation:

It has to be this one because it is intial payment to help someone.

Scarcity stems from the incompatibility between limited resources and unlimited wants

Because the desires of economic agents, such as people, businesses, or the government, are limitless, scarcity is a fundamental economic problem that affects every civilization. The incompatibility of finite resources and countless wants is the root of the world's economic problems.

Resources are constrained in that there is only a certain amount of them, and they cannot be expanded to satisfy everyone's unending needs or those of society as a whole. People and society must therefore decide how to divide up these finite resources in order to best satisfy their needs and wants. All economic activity is fueled by scarcity, which is the reason people have to make decisions and trade-offs.

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Explanation:

-Pharmacists

-Cashiers

-Manager of the drug store

-Co- manager

Answer:

For people, it opens up a world of opportunities, reduces the burden of disease and poverty, and gives greater voice in society. For nations, it opens doors to economic and social prosperity, spurred by a dynamic workforce and well –informed citizenry able to compete and cooperate in the global arena

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

Answer:

A

Explanation:

The correct answer would be agribusiness.

Agribusiness is a section of the agricultural sector that focuses mainly on the commercial/business side of agricultural production.

Agloan is a short form for agricultural loan. An Agloan officer is best classified under the business side of agriculture because their works have to do with granting loans to farmers for a profit.  

The correct option is A.

Interest rates have a significant impact on the macroeconomy. When interest rates increase, borrowing becomes more expensive, which reduces consumer spending and investment. This results in decreased economic growth and potentially higher unemployment rates.

On the other hand, when interest rates are low, borrowing becomes cheaper, and consumers are more likely to spend and invest in the economy. This can lead to increased economic growth, job creation, and potentially inflation.

Furthermore, interest rates also impact the stock market. Higher interest rates can cause stock prices to decrease because investors may prefer to invest in safer options, such as bonds. Lower interest rates, however, can encourage investors to take on more risk and invest in the stock market.

The central bank, such as the Federal Reserve in the US, plays a critical role in setting interest rates to maintain economic stability. By adjusting interest rates, the central bank can influence borrowing, spending, and investment, ultimately impacting the overall macroeconomy.

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Answer:

I believe the answer is swimming. I apologize if it is not. I hope this helped a little.

Answer:

journal and general ledger

Answer:

Form view

Explanation:

Form view can be regarded as screen display which is used to show one item or record that is been arranged like a preprinted form. FormView control helps in displaying a single record from a data source. A form can be regarded as database object which is used when entering, editing, or displaying data from a table or a query. It should be noted that When a user is entering data on a form, they would use Form view

Answer:

Total cost of the business = £925,000

Explanation:

Solution:

Data given:

Fixed cost = £875000

Revenue generated = 2.5 million

Total variable cost = 50,000

Units Sold = 100,000

What is the total cost of the business = ?

Formula for total cost of the business is:

Total Cost = Total Fixed Cost + (Average variable cost per unit x units produced)

Here we have, Total variable cost not the average variable cost per unit.

So,

Average variable cost per unit = Total variable cost/ units produced

Average variable cost per unit = 50,000/100,000

Average variable cost per unit = 1/2 = £0.5 per unit.

Now,

Total cost of the business = Total Fixed Cost + (Average variable cost per unit x units produced)

Let's plug in the values.

Total cost of the business = 875,000 + (0.5 x 100,000)

Total cost of the business = £925,000

Answer:

You want to "beat the market" with the return on your investment

Explanation:

The SP 500 is a good example of diversified portfolio investment. Investing in the index fund is less costly compared to other investment instruments.  The SP 500 is considered the benchmark of investment returns in the US. Any attempts to perform better than the SP 500 is termed as trying to "beat the market."

Investors prefer good stock indexes like the SP 500 because they represent diversified investments. They spread risks in many sectors of the economy. Stock indexes have low investment costs and don't need close contact monitoring. Trying to "beat the market" with stock indexes is a daunting task. Any investor who attempts it will end up very frustrated.

Answer:

d is you answer

Explanation:

Answer:

D. When a desirable product or service is scarce, its value increases.

Explanation:

Because more people want a product that there is less of, meaning they will raise the price.

Answer:Answer is True. For example, a sale of goods for cash. Cash (an asset) is increased while inventory (an asset) is decreased. Note that the transaction affects two account on the same side because both of cash and inventory are assets but the net effect leaves the equation in balance

Darrell will have to pay $2,600. Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.

The company pools clients' risks to make payments more affordable for the insured. Types of insurance include health, auto, life, homeowners, and liability insurance, among others. It is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.

Tto calculate the amount that Darrell will have to pay for the elbow surgery:

First, there is a $1,000 deductible that he will have to pay.

Next, we need to calculate the remaining cost after the deductible is subtracted. So, $9,000 (total cost of surgery) - $1,000 (deductible) = $8,000

Next, we need to calculate the co-pay amount, which is 20% of the remaining cost. So, 20% * $8,000 = $1,600

Finally, we add the deductible amount and the co-pay amount to get the total amount that Darrell will have to pay. So, $1,000 (deductible) + $1,600 (co-pay) = $2,600

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Answer:

Trademark

Explanation: