Cumberland's Contracting uses linoleum I and vinyl v panels to produce floors in homes. The two inputs are perfect substitutes, but due to the slightly higher quality of their vinyl supplier, the marginal product of vinyl panels is three floors and the marginal product of linoleum panels is two floors. These marginal products are constant. (a) (3) Write down the production function relating output to the amount of linoleum and vinyl panels used in production (f(q. q.)). (b) (3) Given your production function in part (a), does the firm's technology exhibit increasing, constant, or decreasing returns to scale? Justify your answer. (c) (6) Graph the isoquants corresponding to 6, 12, and 24 floors produced with linoleum panels on the horizontal axis and vinyl panels on the vertical axis. Label all relevant slopes and intercepts, as well as each isoquant. What is the MRTS? (d) (8) Suppose that each package of linoleum paneling costs $50 and each package of vinyl paneling costs $100. Derive an expression for a firm's minimum costs of producing f floors, taking into account the input bundle the firm demands and showing clearly how you arrived at your answer.

Answers

Answer 1

(a) The production function can be written as:

f(q1, q2) = 2q1 + 3q2

(b) The output increases proportionally with the scale factor k, which means the firm's technology exhibits constant returns to scale.

(c) The isoquants will be downward sloping straight lines. Labeling the three isoquants as IQ6, IQ12, and IQ24, we find the following intercepts and slopes:

- IQ6 intercepts: (0, 2), (3, 0)

- IQ12 intercepts: (0, 4), (6, 0)

- IQ24 intercepts: (0, 8), (12, 0)

(d) The firm's minimum costs of producing f floors is ($50/3)f.

(a) The production function relating output (floors) to the amount of linoleum panels (q1) and vinyl panels (q2) used in production can be written as:

f(q1, q2) = 2q1 + 3q2

(b) To determine if the firm's technology exhibits increasing, constant, or decreasing returns to scale, we need to examine how the output changes when both inputs are scaled up proportionally. Let's consider multiplying both inputs by a constant factor of k:

f(kq1, kq2) = 2(kq1) + 3(kq2) = 2kq1 + 3kq2

We can see that the output increases proportionally with the scale factor k, which means the firm's technology exhibits constant returns to scale.

(c) To graph the isoquants corresponding to 6, 12, and 24 floors produced with linoleum panels on the horizontal axis (q1) and vinyl panels on the vertical axis (q2), we can rearrange the production function:

q2 = (1/3)(f - 2q1)

The isoquants will be downward sloping straight lines. Labeling the three isoquants as IQ6, IQ12, and IQ24, we find the following intercepts and slopes:

- IQ6 intercepts: (0, 2), (3, 0)

- IQ12 intercepts: (0, 4), (6, 0)

- IQ24 intercepts: (0, 8), (12, 0)

The slope of each isoquant represents the marginal rate of technical substitution (MRTS), which is the rate at which one input can be substituted for the other while keeping the level of output constant. In this case, the MRTS is constant and equal to 2/3.

(d) To derive the expression for the firm's minimum costs of producing f floors, we need to consider the cost of the input bundle that minimizes the cost while producing the desired output. The cost can be calculated as:

Cost = Price of linoleum panels * quantity of linoleum panels + Price of vinyl panels * quantity of vinyl panels

Given that each package of linoleum paneling costs $50 and each package of vinyl paneling costs $100, the cost expression becomes:

Cost = $50q1 + $100q2

To find the input bundle that minimizes the cost while producing f floors, we need to substitute the production function f(q1, q2) = 2q1 + 3q2 into the cost expression:

Cost = $50q1 + $100q2 = $50(q1) + $100(f - 2q1)/3

Simplifying, we can rewrite the expression as:

Cost = ($50/3)f + ($100/3)q1

So, the firm's minimum costs of producing f floors is ($50/3)f.

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Related Questions

Which of the following is the best example of a customer most influenced by demographic when it comes to choosing an accommodation?

A) A business traveler needs to book a hotel room at a property that will ensure the ability to work in a quiet hotel room, without noise or disruption.

B) A couple is looking for a hotel room in Paris and is willing to pay a bit more if the hotel is within walking distance of the Louvre and other museums.

C) A customer is about to book a room at a four-star hotel but notices that in the last few months many guests have had complaints about the overall service.

D) A family of five on vacation wants a hotel room that is reasonably priced but includes a microwave and refrigerator to make meals easier and less expensive.

Answers

The clearest illustration of a client most impacted by demographic when choosing lodging is a couple searching for a hotel room in Paris who are prepared to spend a little bit extra if the hotel is close to the Louvre and other museums.

What are the main factors that guests take into account when selecting a hotel?

The hotel's competitive advantage is significantly influenced by the following elements: product, location, product offers and services, quality, pricing, and reputation.

What factors affect hotel demographics?

Age, gender, marital status, income, educational level, and occupation are examples of personal characteristics that fall under the category of demographic factors. While deciding which hotels to stay in, travelers are influenced by these factors.

How do visitors choose a hotel?

As a result, the most common aspects impacting customer selections include ratings, hotel facilities, unique experiences, brand trust, location, and targeted marketing. They all have a significant impact on the decision-making process.

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a company intends to expand internationally but wants the lowest possible risk or uncertainty. the organization is most likely to pursue its global operations through

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The company is most likely to continue its international business through Imports and exporting.

Any resources, products, or services that manufacturers offer to consumers in another country are considered imports. CBP provides advice for novice importers, including individuals who have just begun importing or who want to learn more about the procedure.

Exporting and importing are the least complicated international processes. Because a business does not have to invest in establishing production facilities abroad, exporting carries few risks. Both businesses and individual customers depend on imports. Countries like Ellen's frequently have to import things that are either hard to find domestically or are more affordable outside.

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In which market would a producer sell bicycles to consumers?

Answers

In the markets for goods and services, a producer would sell his bike for purchase by customers.

What is the market for goods and services?

Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.

The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.

The rule of supply and demand governs how much is produced and at what price in the market for products and services.

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A downward sloping demand curve can be explained by i. diminishing marginal utility. ii. diminishing marginal returns. iii. the substitution effect. iv. the income effect.

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A downward sloping demand curve can be explained by i. diminishing marginal utility, iii. the substitution effect, and iv. the income effect.

What  is downward sloping demand curve?  

A downward sloping demand curve can be explained by i. diminishing marginal utility, iii. the substitution effect, and iv. the income effect.

1. Diminishing marginal utility: This refers to the idea that as a consumer consumes more of a good, the additional satisfaction (or utility) they gain from each additional unit decreases. This causes the demand curve to slope downward because consumers are less willing to pay a high price for additional units of the good.

2. Substitution effect: As the price of a good increases, consumers may choose to substitute it with other similar goods that are relatively less expensive. This causes the demand curve to slope downward because an increase in price results in a decrease in the quantity demanded as consumers switch to alternative products.

3. Income effect: When the price of a good decreases, consumers' real income effectively increases (since they can now purchase more of the good with the same amount of money). As a result, consumers may choose to buy more of the good, causing the demand curve to slope downward as lower prices lead to an increase in the quantity demanded.

Note that option ii. diminishing marginal returns is not relevant to the demand curve, as it refers to the production side of the economy (i.e., how output changes as additional units of input are used in production).    

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Joey has $1,000.00 to invest. He loves tracking crude oil prices. If he were to invest, what type of investment strategy would he be investing in?

Answers

An investment strategy is a plan created to assist lone investors in achieving their monetary and investment objectives. Your specific circumstances, including your age, wealth, risk tolerance, and aspirations, will determine your investing plan.

What is an investment strategy example?

Due to the possibility of generating a monthly rental income, rental properties are a typical form of income investment. You may then utilize those profits to increase the size of your investment portfolio. Dividend stocks, index funds, and specific bonds are some more typical income investment ideas.

Finding growth investments is a common beginner's tactic. This entails searching for up-and-coming businesses and buying a stock before the enterprise takes off. When using a growth investing plan, one of the most well-known instances is to look at Apple shareholders.

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What is a difficulty with using gold as money?

Answers

Answer:

Gold money lacks most of these: It's not very durable, is hard to transport, is easy to counterfeit and is a variable store of value

write a sample audit question from the following process
criteria purchasing process (procedure 3.2) states: "all purchases
must be made from an approved supplier"

Answers

1. Is there a list of approved suppliers available for reference during the purchasing process?

2. Have any purchases been made from a non-approved supplier? If so, what was the justification for doing so?

3. Is there a process in place for updating the list of approved suppliers?

4. Are there formal reviews for assessing supplier performance?

Maxine and her friend Alice share a love of listening to music from England. They spend
plenty of sleepovers listening to their favorite bands and are always sharing new songs or
artists with each other.
One day, Alice excitedly tells Maxine her dad bought her tickets to a huge music festival in
England where some of their favorite bands will play. Plus, she has a ticket for Maxine, and
Alice's dad said he'll cover half of Maxine's airfare. The other half is only $412. Maxine feels
like this is a once-in-a-lifetime opportunity. Should Maxine use her emergency fund to take this super rare opportunity? Explain your reasoning.

Answers

Based on the given information Maxine should not use her emergency fund to take this super rare opportunity as it is intended to use in an unforeseen situation.

What is an emergency fund?

An emergency fund is said to be savings that an individual intended do in order to meet challenges that are not predictable and unforeseen for them.

An emergency fund shouldn't be used for a planned vacation or other predictable expenses; rather, it should only be used in the event of an unexpected event. You don't have to deprive yourself of small comforts in life.

In the given case, the music concert is not an unforeseen event is a planned vacation so the emergency fund should not be utilized.

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pidgins can best be described as a second language used for restrictive purposes such as trade. True False

Answers

Answer:

True

Explanation:

Pidgins can best be described as a second language used for restrictive purposes such as trade.

coronado industries is contemplating the production and sale of a new widget. projected sales are $288000 (or 72000 units) and desired profits is $56160. what is the target unit cost

Answers

The target unit cost is $231,840

Explanation:

Target Cost = Selling Price – Profit Margin

=$288000-$56160

=$231840

What is the target unit cost?Target Cost is the sum of the product's costs after a specified amount of profit is subtracted from the selling price. It can be represented mathematically as the projected selling price minus the desired profit needed to stay in company. In this cost category, the business accepts prices rather than setting them for the market. In management accounting, target costing is a helpful technique for managing both product costs and the desired profits needed to sustain a company over the long term. Companies can use the approach of "target costing" to plan the costs of their new items before they are produced.

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Alessandra would like to work in a school environment, and she knows that she would prefer a career in the high she spends lots of work time walking around rather than sitting in an office.

Which education career would be BEST for Alessandra?

O Elementary School Teacher

O Administrative Support Worker

O Instructional assignment

O High School Principal

Thank You for answering, have a good day, and stay safe!

Answers

d) High school principal

Explanation:cause i said so

Answer:

Answer is A elementary school teacher.

Explanation:

Melissa plans to become a nurse. What would be a good extracurricular activity for Melissa during high school? O A. O B. O C. O D. joining the cheerleading squad taking charcoal drawing lessons participating in gymnastics volunteering at a health clinic after school​

Answers

Answer:

Volunteering at a health clinic after school​

Explanation:

If Melissa plans on becoming a nurse, she should look for extracurriculars which could help support her in her future years. Volunteering at a health clinic could provide her with hands on experience opposed to cheerleading or charcoal drawing which are good for hobbies and fun activities. But if Melissa really has a passion to become a nurse she should look for extracurriculars which not only interest her but may be of benefit to her.

austin just completed an advertising campaign for a new fitness drink, and he wants to know if it generated consumer awareness. what method should austin use to evaluate it?

Answers

According to the statement, He should use Advertising effectiveness study method to evaluate it.

What is mean by advertising effectiveness?

the extent to which an advertisement's or marketing campaign's goals were met; effectiveness is frequently assessed by examining how it affected sales, brand recognition, brand preference, etc. See also: Advertising's effects on sales and communication.

What is the objective of measuring advertising effectiveness?

Finding the ideal level of exposure and figuring out what aspects of your advertising strategies are working and aren't working are both made possible by measuring the efficacy of your advertising. The ability to create the desired outcome or result is what is meant by effectiveness.

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how have the interests of administrators and the organizations they manage distorted the ideals of penal reformers?

Answers

Penal reformers aim to improve the criminal justice system by creating more humane and effective approaches to punishment, rehabilitation, and reintegration of offenders.

However, the interests of administrators and the organizations they manage have often distorted these ideals in various ways, leading to challenges in achieving meaningful penal reform.

One way that administrators' interests have distorted penal reform is by focusing on cost-cutting measures that may be at odds with the goals of rehabilitation and reintegration.

For example, some administrators may cut funding for educational or vocational training programs for inmates, which can be instrumental in reducing recidivism rates, in order to save costs or boost profits.

Similarly, some administrators may support punitive measures, such as solitary confinement, as a means of maintaining order, even though such measures have been shown to have negative impacts on mental health and long-term outcomes for inmates.

Another way that administrators' interests have distorted penal reform is through the prioritization of organizational goals over individual well-being.

For example, some administrators may prioritize the smooth functioning of the organization over the welfare of individual inmates. This may lead to a focus on maintaining order and control, even if it means limiting the rights and freedoms of inmates.

Additionally, administrators may prioritize the interests of correctional officers over those of inmates, which can create a power imbalance that negatively impacts the welfare of inmates.

Overall, the interests of administrators and the organizations they manage can distort the ideals of penal reformers in various ways, leading to challenges in achieving meaningful change.

To overcome these challenges, it is important to recognize the potential conflicts between organizational interests and penal reform goals and work to align these interests whenever possible.

This may involve creating incentives that promote positive outcomes for both individuals and organizations, as well as holding administrators accountable for the achievement of reform goals.

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joie de vivre was able to weather a series of economic downturns mainly due to its ________.

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joie de vivre was able to weather a series of economic downturns mainly due to its  Resilience

Resilience refers to the ability to adapt and recover from challenging circumstances. In the case of Joie de Vivre, a company in the hospitality industry, their resilience allowed them to survive economic downturns that could have caused them to fail.

By being able to pivot their business model, adjust their operations, and stay connected with their customers, Joie de Vivre was able to weather economic challenges and continue to thrive.

This resilience was likely a combination of factors such as strong leadership, effective communication, and a focus on innovation and customer service.

By being able to maintain their operations and continue to provide value to customers, even during difficult times, Joie de Vivre demonstrated the importance of resilience in business success. In a constantly changing and unpredictable world, resilience is an essential quality for companies to possess if they want to survive and thrive over the long term.

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the economic term for a single employer in a community is: group of answer choices A. bilateral monopolist.
B. bilateral competitor

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The economic term for a single employer in a community is a bilateral monopolist. A bilateral monopolist is a market situation in which a single seller faces a single buyer. In this case, the employer is the only seller of labor in the community and the workers are the only buyers.

This type of market structure gives the employer significant power to influence the wages and working conditions of the workers.

Bilateral competitor, on the other hand, refers to a situation where two companies are the only suppliers of a particular product or service. In this case, there are two sellers competing for buyers.

Therefore, the correct answer to the question is A. bilateral monopolist.
The economic term for a single employer in a community is "bilateral monopolist" (choice A). A bilateral monopolist refers to a situation where there is only one buyer (the employer) and one seller (the employee) in a market. In this scenario, the employer has a monopoly on the demand for labor and can influence the wage rate, while the employee, being the only supplier of labor, also has some influence on the wage rate. This situation can lead to negotiations between the employer and employee to determine the wage and working conditions. In contrast, a bilateral competitor (choice B) is not a standard economic term and does not accurately describe a single employer in a community.

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What are four things you can do during an interview to ensure you project a positive attitude?

Answers

Answer:

Make eye contact, smile sometimes, speak respectfully, and thank them for their time after the interview to ensure you reflect a positive attitude.

Explanation:

hope this helps

Four things you can do during an interview to ensure you project a positive attitude are:

Dress for Success.Boost Confidence.Focus on Posture.Smile.

How to ensure you project a positive attitude during an interview?

Everything depends on how you seem. Even if there is a casual dress requirement and the interview is being conducted by video, choose business clothes. According to Amy Cuddy, a social psychologist at Harvard Business School, standing in a power stance for two minutes can improve your performance and confidence.

This position involves raising your chest, holding your head high, and supporting your arms on your hips. The Power Pose extends to your posture. You might give the impression that you lack confidence by slouching, avoiding eye contact, and moving your body away from the interviewer. Even when you're not in a good mood, smiling will make you feel better. A grin might help you feel more positive as you enter a job interview.

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Multiple Choice Question Which inventory account includes the cost of components that will become part of the finished product but have not yet been used in production.

Answers

The WIP inventory account is the account that includes cost of components that will become part of the finished product but have not yet been used in production.

What is a WIP inventory account?

In accounting, a WIP incorporates a raw materials, labor and overhead costs that are incurred for products that are at various stages of the production process.

This component is a part of inventory asset account on the balance sheet.

In conclusion, the WIP inventory account is the account that includes cost of components that will become part of the finished product but have not yet been used in production.

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Taxes are often ovved on?
initial investments,
the current value of investments.
the real value of investments,
investment returns.

Answers

Answer:

Investment returns

Explanation:

Tax is a compulsory levy imposed by the government on an individual, firms etc for the provision of infrastructure.

Generally speaking, taxes are paid as soon as money is earned. While some taxes are due for payment when investments are sold at a profit, others like dividend , mutual funds are due when distribution is paid on the investment.

The ratio of gain or losses on an investment is referred to as investment returns. The returns could be higher which means profit hence must be taxed. It could also be the other way round,i.e lower returns . In such situation, loss is incurred on the investment and it is not taxed same way as having profit on the investment.

D. investment returns.

1. Last year, BFA Corporation had net sales of $3,650,000 and cost of goods sold of $2,000,000. Its depreciation charge was $600,000 and selling, general, and administrative (SG&A) expense was $800,000. If the interest charge was $30,000 and the tax rate is 35 percent, what was the operating cash flow? Ignore any carry back or carry forward of loss for tax purposes.
A. $675,500
B. $708,000
C. $740,500
D. $773,000
E. $805,500
F. $838,000
G. $870,500
H. $903,000

Answers

The operating cash flow for BFA Corporation is $897,000.

To calculate the operating cash flow, we need to start with the net income and adjust for non-cash expenses and changes in working capital.

Net income can be calculated as follows:

Net Sales - Cost of Goods Sold - Depreciation - SG&A Expense - Interest Charge

Net income = $3,650,000 - $2,000,000 - $600,000 - $800,000 - $30,000

Net income = $220,000

Next, we need to consider the tax expense. The tax rate is 35 percent, so the tax expense is:

Tax Expense = Net Income * Tax Rate

Tax Expense = $220,000 * 0.35

Tax Expense = $77,000

To calculate the operating cash flow, we need to add back non-cash expenses and deduct the tax expense:

Operating Cash Flow = Net Income + Depreciation + Tax Expense

Operating Cash Flow = $220,000 + $600,000 + $77,000

Operating Cash Flow = $897,000

However, none of the given answer options matches this value. It's possible that there is an error in the provided answer choices or in the given information.

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If each boy in the school pays n$10 school fees, and each girl pays n$7, how much money is paid to the school altogether?

Answers

  The amount of money paid to the school for children is given by the following equation:

T = 10x + 7y

What are equations?

    Equations are algebraic expressions that are characterized by having an equality, and expressions on either side of it. Equations have several uses, such as modeling problems, formulas, and graphing functions.

   If in a certain school the tuition that is paid for each boy is $10 and for each girl is $7, the total value that will be paid to the school depends directly on the amount of money paid to each of them, so we only need to express it with an equation, and this will be:

xboys + ygirls = total

T = 10x + 7y

x : number of boysy : number of girls

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When one commercial bank borrows from another commercial bank, it pays the __________ rate.

Answers

When one commercial bank borrows from another commercial bank, it pays the discount rate.

Borrowing from a commercial bank is the only way a bank can obtain reserves. As an example, whenever a person, business, or organization borrows, they must pay interest, and a bank that borrows from a commercial firm must also pay interest. The discount rate is the interest rate charged by commercial banks to banks that borrow from them.

The term "discount rate" is used when calculating the present value of a sum of money that will be received in the future. The term "discount" refers to the amount to be subtracted. A discount rate is a standard rate deducted from a future amount of money in order to provide its present value to money seekers.

When discounting the cash flows of investments or business ventures, it is important to note whether the discount rates used can be varied depending on specific different elements. As a result, discount rates are paid to compensate the borrower bank for transactions with the lender bank.

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Which questions about risk should someone ask before making a big purchase?

Answers

1. It’s it worth it?
2. How does this effect my weekly budget

Answer:

what problems could be dangerous?

Explanation:

With his parents' permission, David, a ten-year-old, purchased a plastic snow sled from Kmart. He went sledding, lost control, hit a tree, and was injured. David's parents filed a negligence lawsuit in a state court against Kmart, alleging that the store should not have sold this type of sled because it was difficult to steer and had no brakes, making it unreasonably dangerous. Kmart contended that sledding is an inherently dangerous activity and that David assumed the risks involved when he went sledding. The court probably found that Kmart was:

Answers

Answer:

The Kmart was held by the court not liable because David assumed the risks of sledding.

Explanation:

Negligent actions are those actions that come under the rubric of tort actions. To prove negligent actions against a person or a company, the plaintiff is required to prove four things in court– duty, breach, causation, and damages.

In the given case, the court will not be held Kmart liable because David (the consumer) was aware of the risks involved in the sledding. Therefore, the case of negligent actions is not applicable for Kmart.

Businesses typically have many systems, some internally developed, some purchased, and others acquired. Businesses want these systems to communicate with one another and provide users with easier access to data. There are three systems configurations that consolidate and coordinate data across multiple locations. These three include centralized systems, decentralized systems, and distributed systems. Each configuration has advantages and disadvantages.
Which of the following is a disadvantage of decentralized systems?
-It is the most expensive option as it involves higher maintenance costs.
-Since each location has its own system, there is an increase in security risk as more systems must be protected and monitored.
- The risk of business disruption is greater because any disruption impacts the entire system.
-It is more difficult to implement as it is the most complex of the three.

Answers

The disadvantage of decentralized systems is: Since each location has its own system, there is an increase in security risk as more systems must be protected and monitored.

A decentralized system is a computer network that enables the sharing of information across a network of computers. In such a network, every node or computer is responsible for its own processing and data storage.

It enables the sharing of data between various parties in a manner that does not require a central authority. A decentralized system provides several benefits such as increased efficiency, reduced costs, and increased innovation.

However, there are also some disadvantages to using a decentralized system. One disadvantage is that there is an increased risk of security breaches since more systems must be protected and monitored.

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if the price of a product goes down from $20 down to $10, and this causes the quantity of the product demanded to increase from 10 units up to 50 units, then the absolute value of the price elasticity of demand for this product is

Answers

The price elasticity of demand is a measure of the responsiveness of the quantity of a product demanded to changes in its price. It is computed as the percentage change in quantity required.

divided by the percentage change in price. In this instance, the product's price dropped by 50% (from $20 to $10) but demand soared by 400%. By applying the price elasticity of demand formula, the following formula can be used to determine the price elasticity of demand's absolute value: Price elasticity of demand = (Percentage change in quantity requested) / (Percentage change in price) (Percentage change in price) Price elasticity of demand is equal to [(50 - 10) / 10] / [(20 - 10) / 20] and equals two. The absolute value of the price elasticity of demand is 2,

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Suppose the price of a product initially was $20 and then it decreased to $10. As a result, the quantity of the product demanded increased from 10 units to 50 units. What is the absolute value of the price elasticity of demand for this product?

lin is making a presentation about road safety and wants to add images of road signs.

Answers

Answer:

I dont get what this is asking

Explanation:

This is not a question

SHORT ESSAY
What is the concept of Motivation? Discuss the financial and
non-financial incentives in motivation. (10
MARKS)

Answers

Motivation is an internal or external stimulus that encourages a person to act in a particular way. Financial incentives can provide tangible rewards that directly impact employees' financial well-being and serve as a clear recognition for their efforts. Non-financial incentives, on the other hand, focus on intrinsic motivation by satisfying employees' needs for recognition, growth, and a positive work environment.

Motivation is necessary to achieve objectives and goals. The idea of motivation is essential in business and organizational management because it is critical for achieving organizational goals.

The financial and non-financial incentives in motivation are:

Financial incentives

Financial incentives refer to monetary rewards given to an employee or worker for completing their duties or tasks. These rewards can be either direct or indirect.Direct financial incentives are monetary payments that are given to employees as compensation for their work.

Wages and salaries, bonuses, and commission are examples of direct financial incentives. Indirect financial incentives include benefits such as retirement plans, health insurance, and paid time off. These benefits do not add to an employee's salary, but they can be used to motivate employees.

Non-financial incentives

Non-financial incentives are incentives that are not monetary in nature. Non-financial incentives are typically used to motivate employees who are motivated by factors other than money. Non-financial incentives are often used to improve employee engagement and to create a positive work environment.

Examples of non-financial incentives include recognition and praise, promotions, opportunities for growth and development, and flexible working hours. Other non-financial incentives may include job security, better work-life balance, and the opportunity to work on exciting and challenging projects.

Most of the companies employ both financial and non-financial incentives to motivate their workers. It depends on what works for the employees and what motivates them to achieve their goals.

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Gordon is over 65 what is his adjusted gross income

Answers

Answer:

huh

Explanation:

hbybibhbil

Donald is a business development executive in a big retail company based in Omaha. His company now wants to expand and has sent Donald as their representative. Donald is also authorized to deal and negotiate with different vendors directly and in his own capacity. What role is Donaldplaying as per the contract law?

Donald is a business development executive in a big retail company based in Omaha. His company now wants

Answers

Answer:

C. Agent

Explanation:

Agent Law- the agent deals with third parties on behalf of the company in a contract and the company defines the control an agent can exert

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