1. Aggregate planning would be particularly important in industries that have a significant amount of variability in demand over time, such as manufacturing, healthcare, transportation, and retail.
2. Characteristics of these industries that make them good candidates for aggregate planning are:
3. The main differences among aggregate planning strategies are:
Level strategy: Maintaining a constant output rate, workforce, or inventory level over the planning period.Chase strategy: Adjusting the workforce or output rate to match demand fluctuations.Flexibility strategy: Maintaining a combination of level and chase strategies, using a flexible workforce and production capacity to adapt to demand changes.4. Best-suited industries/situations for each strategy:
Chase strategy: Industries with highly variable demand and perishable products, such as hospitality and food production.Flexibility strategy: Industries with moderate demand fluctuations and the ability to easily scale production, such as manufacturing or retail.Level strategy: Industries with stable demand patterns and non-perishable products, such as utilities or certain consumer goods manufacturers.5. The major cost categories needed as inputs for aggregate planning include:
Production costs: Direct and indirect costs associated with producing goods or services.Inventory carrying costs: Costs associated with storing and managing inventory, such as warehousing, insurance, and depreciation.Hiring and training costs: Expenses incurred to recruit, hire, and train new employees.Overtime and underutilization costs: Costs associated with paying overtime wages or having an underutilized workforce or production capacity.Subcontracting and outsourcing costs: Expenses related to contracting external parties to handle specific tasks or processes.Learn more about aggregate planning:
https://brainly.com/question/31227809
#SPJ11
by some estimates, people spend only 5 percent of their time on pcs. True or False
The statement is false because according to a report by eMarketer, the average time spent by US adults on digital devices, including PCs, smartphones, and tablets, is around 6 hours and 49 minutes per day.
This means that people are spending more than 5 percent of their time on PCs alone. Additionally, with the increasing reliance on technology for work, education, and entertainment, it is highly unlikely that people are only spending 5 percent of their time on PCs.
In fact, many individuals spend a significant portion of their day sitting in front of a computer screen for work-related tasks. Therefore, the statement that people spend only 5 percent of their time on PCs is not accurate and does not reflect the current reality of our digital-centric world.
Learn more about digital devices https://brainly.com/question/21482702
#SPJ11
Exhibit: Short-run Aggregate Supply Suppose that the economy is in long-run equilibrium at point A. Now suppose net exports increase. What happens in the long-run, all other things unchanged? Group of answer choices The economy will return to its initial equilibrium at point A. Equilibrium will be re-established at point B with a higher potential output. Equilibrium will be re-established at point E at a higher price level. The aggregate demand curve will shift back to AD1.
Equilibrium will be re-established at point B with a higher potential output
The exhibit: Short-run Aggregate Supply shows that the economy is in long-run equilibrium at point A. Then, assume that net exports increase. What will happen in the long-run? (Assuming everything else remains constant).Long-term equilibrium refers to a point on the aggregate supply curve where the economy's output is equal to its potential output. The economy is experiencing its maximum possible output in the long run. An economy is in long-run equilibrium when the quantity of actual aggregate production supplied equals the quantity of aggregate production demanded in the economy.The exhibit shows the short-run aggregate supply, and the long-run equilibrium is at point A. After that, suppose net exports increase. The net export factor is an element that shifts the aggregate demand curve. It leads to an increase in aggregate demand, which results in a shift of the AD curve from AD to AD1.As a result, the economy's actual output exceeds its potential output, which indicates a rise in production. This rise in production will cause prices to rise, leading to an increase in the short-run aggregate supply curve. The economy will return to its long-run equilibrium at a new price level (higher price level) and a higher potential output (point B). Therefore, the correct answer is that equilibrium will be re-established at point B with a higher potential output.
In conclusion, when net exports rise in the economy, the long-run equilibrium point shifts to point B, which represents a new equilibrium with a higher potential output.
learn more about Equilibrium visit:
brainly.com/question/30694482
#SPJ11
An increase in net exports will not restore the economy to its initial equilibrium at point A. Instead, equilibrium will be re-established at point B, with a higher potential output.
The short-run aggregate supply (SRAS) curve is an upward sloping curve representing the positive correlation between the price level and the number of products that businesses are willing to produce, keeping everything else constant in the short run. Changes in aggregate demand, production costs, and wages all impact this curve. In the long term, the aggregate supply curve is completely adaptable to changes in the price level of goods and services. This means that an increase or decrease in production costs will have no effect on aggregate supply because businesses have already adjusted their production costs. An increase in net exports, on the other hand, affects long-run equilibrium, all else being equal. Equilibrium will be re-established at point B with a higher potential output.
According to the question, the economy is in long-run equilibrium at point A. This suggests that the short-run aggregate supply curve has already altered to reflect the economy's natural level of output. The intersection of the aggregate demand curve (AD) and the short-run aggregate supply curve (SRAS) determines the economy's actual price level and level of output.Point B, on the other hand, denotes a greater level of potential output in the economy. This can only be attained if the short-run aggregate supply curve adjusts to increase potential output. Because an increase in net exports reduces aggregate demand, the short-run aggregate supply curve decreases, lowering the price level and increasing potential output.
In conclusion, an increase in net exports will not restore the economy to its initial equilibrium at point A. Instead, equilibrium will be re-established at point B, with a higher potential output. As a result, equilibrium will be re-established at point E at a higher price level. This depicts a movement up and to the right along the short-run aggregate supply curve.
To know more about aggregate demand visit:
brainly.com/question/29349235
#SPJ11
what does the fox say
Answer:nenenesnene
Explanation:
Answer:
"Ring-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!
Gering-ding-ding-ding-dingeringeding!"
"Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!
Wa-pa-pa-pa-pa-pa-pow!"
In what areas do federal agencies regulate to ensure safety and the general
wellness of US citizens?
a. Businesses
b. Environment
c. Products
d. All of the above
Answer:
d. All of the above
Explanation:
Government regulations are the rules that players in an industry must abide by. In a free-market economy like the US, the government's main role is to regulate economic activities. The government enforces regulation through its various agencies.
The areas of regulations include but are not limited to
Protecting consumers from undue exploitation by businesses, Encourage fair business competition Promote a healthy, safe work environment for employees Promote and sustain a clean environmentPrivate data protection and securityBrookline Cloth & Paper prints T-shirts for local concerts. The shirts cost $5 to make and distribute. They are sold for $20. Company policy is to discount any excess inventory after the concert by 80 percent. For the upcoming show, the expected demand is 10, 800 shirts, with a significant amount of uncertainty, as illustrated by the given discrete probability distribution function for demand:Table:Demand in shirts Probability7,000 0.2511,000 0.4013,000 0.3015,000 0.05a). If you order the expected demand of 10, 800 shirts, what percent of fans do you expect to turn away due to being sold out of T-shirts?b). How many shirts do you recommend printing to maximize expected profits?c). Given your decision in part b, what percent of fans do you expect to turn away due to being sold out of T-shirtsd). What is the expected profits from your decision in part b
Based on the probability distribution function, the expected demand is 10,800 shirts. Therefore, there is a probability of 0.05 or 5% of turning away fans due to being sold out of T-shirts.
To maximize expected profits, we need to find the quantity of shirts that maximizes revenue, which is the product of the number of shirts sold and the price. The cost of each shirt is $5, so the profit for each shirt sold is $15. To find the quantity that maximizes profit, we can calculate the expected revenue for each possible quantity and choose the one with the highest profit. This yields an expected profit of $45,000 for printing 12,000 shirts. If 12,000 shirts are printed, the probability of turning away fans due to being sold out of T-shirts is 0 since it exceeds the expected demand of 10,800. The expected profit from printing 12,000 shirts is $45,000 (12,000 shirts sold * $15 profit per shirt).
To learn more about distribution, visit:
https://brainly.com/question/30429450
#SPJ11
Ahmad has some saving where do you suggest him to keep and why
Answer:
It depends on how much money Ahmad has saved.
Explanation:
If he has a small amount of money, the best he can do is to put his savings on a safe investment, like treasury bonds, an ETF, or a safe and low risk bond of a trustworthy company.
If Ahmad has a larger amount of money, he can put his savings in riskier assets like stock, which could give him a higher return. He could also create a more diverse investment portfolio, with some of his savings going to safer, lower yield investment instruments, and the rest going to riskier, higher yield investment instruments.
ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
To know more about private property rights here,
https://brainly.com/question/23031296
#SPJ1
The product life cycle refers to the stages a product moves through from the time it enters the market until the time
It's the stage by which a product move through from the time it enters the market until the time it is cleared. My own definition states that it's the length of time by which a product is introduced to consumers in the market until it has been removed
compare and contrast reference theory of meaning and idea theory of meaning
Explanation:
Reference theory of meaning is a philosophical thought that believes the meaning of a word or acronym is doing in what it points out in the world. But the idea theory of meaning feels the meaning of a word or acronym lies in the group it represents.
For example, the meaning of the term would be seen as relating to illnesses and viruses as well as number of years from the point of view of idea theory of meaning. While the reference theory of meaning would allude the meaning using proper reference to the illness (Coronavirus) that caused the disease.
what term refers to the amount of reserves that a commercial bank must keep that is a percentage of the bank's checkable deposit liabilities?
Answer:
Explanation:
Reserve Requirement is the term that refers to the amount of reserves that a commercial bank must keep that is a percentage of the bank's checkable deposit liabilities.
What exactly is Reserve Requirement ?
Reserve Requirements are set of regulations of the Central Bank according to which a minimum that a commercial bank must maintain in its liquid assets.
The reserve requirements are is usually determined by the central bank based on the specific proportions of deposit liabilities of the bank. This rate is usually referred to as reserve ratio. The reserve of the commercial banks usually consists of cash held by the bank and that is stored physically as vault cash in addition to the amount of the banks balance in that particular account of the bank with the central bank.
What does a Higher Reserve Requirement indicates ?
A higher reserve requirement indicates that the federal reserve is going for a monetary policy that is contractionary in nature. In other words, if banks possesses a higher reserve requirement then lesser amount of money will be available on them to the customers and businesses.
To know further about Reserve Requirement please do check out:https://brainly.com/question/11544194
#SPJ4
Equiano tells his own story. he writes an eye-witness account of his experiences on board a slave ship from first-person point of view. question 1 options: true false
The statement that Equiano tells his own story from first-person point of view is TRUE.
What did Equiano do?Equiano was a man who was kidnapped as a boy and taken into slavery where he was able to purchase his own freedom.
Equiano recounted his experience when he was on the ship that took him to the West Indies and because it was an eye-witness account, it was from a first-person point of view.
Find out more on Equiano at https://brainly.com/question/6664535
#SPJ1
Each time Eddie's Cars sells a vehicle, the company receives a larger discount from the manufacturer. At the end of the fiscal year, the company often slashes its prices by several hundred dollars per car because that amount will be more than offset by the increased discount the company receives from the manufacturer. The manufacturer is giving Eddie's Cars ______. Multiple choice question. a seasonal discount zone pricing a cumulative quantity discount a slotting allowance
Answer:
a cumulative quantity discount
Explanation:
The cumulative quantity discount is the discount that is depend on the value of the good purchased over a time period. The discount would be applied for any kind of shipments that made within the timeframe.
Just like if wholesaler make an offer that if the purchase is done more than $5,000 so 5% discount is applied
So according to the given situation, it represent the cumulative quantity discount
What kind of account requires you to leave your money in it for a specific
amount of time?
A. Savings account
B. Money market account
C. Checking account
D. Stock market account
SUBMIT
Answer:
B. Money market account
Explanation:
A money market account is a type of savings account that usually offers a higher interest rate in exchange for a higher minimum balance requirement and a longer-term commitment. The account holder must agree to leave a certain amount of money in the account for a specified period of time, which can range from a few months to several years. Withdrawing money early can result in penalties and fees.
Eva is going to invest in an account paying an interest rate of 6. 5% compounded annually. How much would eva need to invest, to the nearest cent, for the value of the account to reach $41,000 in 13 years?.
With an annual compound interest rate of 6.5%, in order to get her investment to $41,000 in 13 years, Eva will need to invest $18,081.69
Compound interest is an interest paid on investment that is compounded with the accumulation of principal plus interest from the preceding period. Given that the final amount of a 13 year investment with 6.5% is $41,000. We will then calculate the principal amount with the following formula:
P = Principal
A = Accrued amount (Principal + Interest) = $41,000
r = Annual nominal interest rate as a decimal = 6.5/100 = 0.065 per year
n = number of compounding in a year = 1
t = time in years = 13 years
\(P = A / (1 + r/n)^{nt}\)
P = 41,000/(1+0.065/1)⁽¹⁾⁽¹³⁾
P = 18,081.69
Therefore at the beginning, Eva will have to invest a principal of $18,081.69
To learn more about compound interest visit: https://brainly.com/question/2455673
#SPJ4
How do I reboot my email program?
To reboot the email programs open options, select apps, From the list, choose the Calendar and Mail app. Select the link for advanced options. Link to the app's advanced options.
Select "Reset" from the menu. Reset the Windows 10 Mail app. To confirm, click the Reset button once more.
Why doesn't email work anymore?Email may stop working for a variety of reasons, including incorrect email passwords and settings. However, checking for any error messages on your end is the first step in determining the problem with your email.
What is the name of an email program?A computer program that is used to access and manage a user's email is known as an email client, email reader, or, more commonly, a message user agent (MUA) or mail user agent.
What does the email program do?The internet-based exchange of computer-stored messages between one user and one or more recipients is known as electronic mail. Emails are a quick, low-cost, and easy way to communicate for personal or business purposes.
Learn more about email program:
brainly.com/question/30038805
#SPJ4
True or False When evaluating the choice you made you should never second guess your decision? Pls help
Answer:
False. When you want to make a decision, you have to think about the consequences. Good or bad? Will it affect someone mentally? Will it help you in the future? It's about the consequences.
Explanation:
What is the difference between a total and a subtotal?
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
PLEASE HELP IM TIIMMMEEDD!!! 13POINTS!!
What else could Ernie put in the common section?
Collecting data and analyzing results
Designing and implementing systems
Maintaining and using diagnostic equipment
Designing and using laboratory equipment
In addition to "Creating reports" and "Communicating with patients", Ernie could add "Collecting data and analyzing results" as a common characteristic in the common section of the Venn diagram. (Option A)
A Venn diagram is a famous diagram form that depicts the logical relationship between sets. It was popularized by John Venn in the 1880s.
The diagrams are used in probability, logic, statistics, linguistics, and computer science to teach introductory set theory and to show simple set connections.
Thus, in the above analysis, Ernie could add "Collecting data and analyzing results" as a common characteristic in the common section of the Venn diagram.
Learn more about Venn diagram at:
https://brainly.com/question/29301560
#SPJ1
Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?
Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation:
Productivity, dependability, and responsibility are examples of skills that managers look for when determining who to promote within a company. Evaluate these three skills and another one or two that you come up with and explain how each skill could be helpful for an employee looking to get a promotion.
A dependable employee is an incredible asset to a company, as they make great coworkers, can be trusted to do their jobs. Productivity and responsibility are important aspects for the promotion.
What is a dependable employee?A dependable employee is a fantastic addition to a company because they make excellent teammates, can be trusted to execute their tasks without micromanagement, and empower others to accomplish their jobs effectively. As a result, being recognized as a dependable employee can help you stand out as an attractive prospect.
Every organization wants a productive employee who is responsible for the success of the organization as well as for his personal gains.
Being reliable implies doing what you say you'll do, when you say you'll do it. A reliable individual fosters trust by keeping himself/herself accountable and, if they lead others, their team members accountable as well.
Learn more about Productivity here:
https://brainly.com/question/13774781
#SPJ1
In the context of influence tactics, _____ is particularly effective for gaining support and resources for a new project.
In the context of influence tactics, consultation is particularly effective for gaining support and resources for a new project.
What is Consultation?This refers to the external use of a person or source to gain knowledge or seek perspective about a particular thing.
Hence, we can see that in the context of influence tactics, the use of consultation is a very effective tool as it can be used to gather support and resources for a given project due to the involvement of external forces.
Read more about influence tactics here:
https://brainly.com/question/13931577
#SPJ1
Explain the chemical composition of vermicompost .
Vermicomposting is the process of decomposing organic waste materials utilizing earthworms to create vermicompost, which is a nutrient-rich organic fertilizer. The organic material consumed by the earthworms undergoes physical and biochemical degradation, resulting in the production of a nutrient-rich substance that is suitable for plant growth.
As a result, vermicompost contains a number of essential nutrients and is a valuable organic fertilizer for agricultural and horticultural purposes.
The chemical composition of vermicompost varies depending on the type of waste material utilized in the process. Typically, vermicompost contains a number of macronutrients, micronutrients, and other organic substances. The following are some of the key chemical constituents of vermicompost:
- Nitrogen (N): Nitrogen is an essential nutrient for plant growth and is found in high concentrations in vermicompost. Nitrogen content can vary from 1.5 to 4 percent, depending on the type of waste material used.
- Phosphorus (P): Phosphorus is another essential nutrient for plant growth and is present in vermicompost in moderate concentrations. The amount of phosphorus in vermicompost can range from 0.4 to 2 percent.
- Potassium (K): Potassium is a macronutrient that is important for plant growth and is present in vermicompost in varying concentrations. The amount of potassium in vermicompost can range from 0.6 to 2.5 percent.
- Micronutrients: Vermicompost also contains a range of micronutrients that are essential for plant growth, including calcium, magnesium, sulfur, iron, and manganese.
- Organic matter: Vermicompost is rich in organic matter, which is essential for soil health and fertility. Organic matter content can range from 30 to 60 percent.
- Beneficial microorganisms: Vermicompost contains a variety of beneficial microorganisms, including bacteria, fungi, and actinomycetes, that are important for soil health and fertility.
Overall, vermicompost is a highly valuable organic fertilizer that can improve soil health and fertility, enhance plant growth, and reduce the need for synthetic fertilizers.
To know more about Production visit :
https://brainly.com/question/30333196
#SPJ11
Lillian's company has distributed a guidebook on using inclusive language that does not discriminate. This information will help her, and her coworkers follow what kind of guidelines?
group dynamics
conflict resolution
business hierarchy
business etiquette
Answer:
the answer is business etiquette
Explanation:
i just did the test and got 100 percent
A manual on employing nondiscriminatory language that is inclusive was issued by Lillian's employer. She and her employees will be better able to follow business etiquette thanks to this information. Hence, Option D is correct.
What are business etiquettes?The terms "business etiquette" and "social and business etiquette" relate to the standards and expectations of behavior in both contexts, the customary behaviors and conduct, and a professional code of ethics. All that's required is that one must act politely.
It is customary to behave in certain ways at work, and this is governed by a code of conduct. "Respect and protect time, people, and processes" is the goal of this code. Standard business etiquette is not universally accepted and can differ depending on the setting.
Therefore, Option D is correct.
Learn more about business etiquette from here:
https://brainly.com/question/5718637
#SPJ2
outline 2 advantages to H&H of using secondary market research
Data concerning Mariah Corporation's single product appear below. Selling price per unit Variable expense per unit Fixed expense per month $ 165.00 $ 92.00 $431,040 The unit sales to attain the company's monthly target profit of $20,000 is closest to (Do not round Intermediate calculations.) Multiple Choicea. 6.179 b. 4,903 c. 5.905 d. 2.734
The unit sales needed to achieve Mariah Corporation's monthly target profit of $20,000 is approximately 6,179 units.
To calculate the unit sales needed to attain Mariah Corporation's monthly target profit of $20,000, we utilize the contribution margin approach. The contribution margin per unit is obtained by subtracting the variable expenses per unit from the selling price per unit, resulting in $73.00. By incorporating the fixed expenses of $431,040 and the target profit of $20,000 into the equation, we divide the total ($451,040) by the contribution margin per unit ($73.00). The calculation yields approximately 6,179.45 units. As a result, Mariah Corporation needs to sell approximately 6,179 units to achieve the desired monthly profit of $20,000.
learn more about unit sales here:
https://brainly.com/question/30011722
#SPJ11
sakait has done some extra work to appease a client. now the client is asking her to do one more task, which is significant and not part of project scope. what should sakait do?
If a client is asking Sakait to do a task that is not part of the project scope, then she should approach the situation professionally. Sakait should review the client's request, and determine if the request is feasible to complete without disrupting the current project scope or affecting the project deadline.
She can also provide an estimated cost for the extra work that would have to be done. In this case, Sakait can:
1. Explain that the new request is outside the project scope, and provide a valid explanation to the client.
2. Provide the client with an estimate of the cost to complete the additional task and the timeline.
3. If the client agrees to the additional work, Sakait should ensure the details of the work are documented to avoid confusion later.
If the extra work is not feasible, and the client insists that the work be completed, Sakait should decline the request. In this case, Sakait would have to explain the reasons to the client why the extra work cannot be performed without disrupting the project schedule or causing other significant problems.
For more question on scope
https://brainly.com/question/10075760
#SPJ8
An organization segmented into departments such as Sales, Marketing, Product Design, Product Development, Operations, and Human Resources demonstrates a (blank)organizational structure.An organization segmented by both product and function demonstrates a (blank)organizational structure.An organization segmented by geographic regions demonstrates a((blank) organizational structure.answer choises- divisional, functional, matrix
Functional organizational structure , matrix organizational structure , Divisional organizational structure.
A functional organizational structure is a framework for organizing employees. They are divided into groups depending on their unique abilities and knowledge. Each department is organized vertically, with positions ranging from the president through the finance and sales divisions, customer support, and workers assigned to a single product or service.
Workers expressed to two or more supervisors rather than a single manager who oversees all components of a problem in a matrix organizational structure.
The divisional structure is a company structure in which each administrative function is divided into divisions. Each division houses all of the resources and functions required to serve the line of products or geographical in consideration.
Learn more:
https://brainly.com/question/14966127?referrer=searchResults
Answer: Functional, Matrix, Divisional
Explanation:
I got it right on edge 2022
explain internal economics and internal diseconomics
Answer:
These are the cost advantage that an organization obtains due to their scales of operation . Diseconomies are the cost disadvantages that firms build up due to an increase in firm size or output . This result in the production of goods and services at increased per unit costs . Economics of scale leads to cost reduction .
Explanation:
Thaats what upp
Answer:
These occur when mass producing a good results in lower average cost. Economies of scale occur within an firm (internal) or within an industry (external). Internal Economies of Scale - As a business grows in scale, its costs will fall due to internal economies of scale.
Explanation:
Under the U.S. Constitution, Congress has the power to regulate a. only intrastate commercial enterprises. b. every commercial enterprise in the United States. c. only non-commercial activities. d. only local commercial enterprises.
Countries are run by constitution. Under the U.S. Constitution, the federal government has the power to regulate commercial activities among the states.
What can Congress regulate under the Commerce Clause?The Commerce Clause of the United States Constitution is known to be one that gives the Congress power to monitor interstate and foreign commerce.
The meaning of this language shows that a limited power to monitor commercial trade between persons in one state and also people outside of that state is given to them.
Note that Congress can monitor every commercial enterprise in the United States.
Therefore, option b is correct.
learn more about Congress from
https://brainly.com/question/779570
I will mark as brainliest! PLEASE HELP ASAP!¹
Net value is:
a. the total value of the portfolio
b. a share price of the mutual fund
c. the total value of bonds in the portfolio
d. none of the above
¹if applicable and appropriate
Answer:
b
Explanation:
The correct answer would be a share price of the mutual fund.
The Net Asset Value (NAV) is defined as the total assets less the total liability of a mutual fund or an exchange-traded fund. Mathematically, it is represented as:
NAV = asset's value - liability's value
The net asset value, when it concerns the mutual fund is represented on a per-share basis and is used to determine the value of assets held by investors.
Hence, the net asset value can be viewed as a share price of the mutual fund.
Correct option: b