What should a manager be interested in when setting price strategies?
How does the theory of elasticity relate to it?
Explain on an example of different types of elasticities. Use a concrete example to explain the possibilities of using statistical research of the dependencies among quantitative variables (e.g. through correlation analysis or regression analysis).

Answer:

Marginal product will increase.

Explanation:

Since the labor is only variable input and the marginal cost of production is diminishing that means the cost of producing additional unit is lower. So marginal product of labor will be increasing.

Moreover, MC = w /MPL

Thus, diminishing marginal cost will exhibit increasing marginal product of labor.

A person-to-person payment app could be used in each of the following scenarios EXCEPT:

i. Tina pays her neighbor $200 for breaking his window with a softball.

ii. Mia pays Randy the delivery driver from Cheesy Pizza Co. for a pizza she orders for her Spanish study group.

iii. Ahmed's soccer coach pays the team's registration fee for a big tournament, and each player then owes him $35 for their share of the registration fee.

iv. Rafael writes the whole monthly rent check to the landlord, and his roommates Valerie and Carlos pay Rafael for their share of the monthly rent. The correct answer is (i) Tina pays her neighbor $200 for breaking his window with a softball.

In this scenario, a person-to-person payment app may not be the most suitable option. This situation involves compensation for property damage, which typically falls under insurance claims, personal agreements, or legal settlements. A person-to-person payment app is more commonly used for everyday transactions, splitting bills, paying friends, or making purchases.

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The company should produce and sell 416 laptops weekly to maximize its weekly profit.

The given computing company's weekly profit function isP(x) = -0.007x³ – 0.1x² + 500x – 700. The number of laptops produced and sold weekly is x units. To maximize the weekly profit of the company, we need to find the value of x at which the profit function P(x) attains its maximum value.

Now, differentiate the given function, we get:P′(x) = (-0.007) * 3x² – 0.1 * 2x + 500= -0.021x² – 0.2x + 500To find the value of x, we set P′(x) = 0 and solve for x.

So,-0.021x² – 0.2x + 500 = 0

Multiplying both sides by -1, we get0.021x² + 0.2x - 500 = 0.

To solve this quadratic equation, we can use the quadratic formula: x = (-b ± √(b² - 4ac)) / 2a where a = 0.021, b = 0.2, and c = -500

Substituting the values of a, b, and c in the above formula, we get: x = (-0.2 ± √(0.2² - 4 * 0.021 * (-500))) / 2 * 0.021≈ 416.1 or -2385.7

Since the number of laptops produced and sold cannot be negative, we take the positive root x = 416.1 (approx.) as the required value.

Therefore, the company should produce and sell 416 laptops weekly to maximize its weekly profit.

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The basic goal of a positioning strategy is to own a word that ranks the product in the prospect's mind. Positioning strategy is a marketing approach used to promote the unique features and benefits of a product or service.

In simple words, positioning strategies help businesses develop a product's image in consumers' minds. It is done by emphasizing its key benefits or unique selling points. Once a company's product or service is positioned successfully, it is easier to convince customers to buy it. The primary goal of a positioning strategy is to own a word that ranks the product in the prospect's mind. The word can be an attribute, benefit, or quality that the product or service possesses. The goal is to make that word synonymous with the product in the minds of the consumers. This makes it easier to remember and recommend it to others. So, the correct option for the given statement is, "Own a word that ranks the product in the prospect's mind."

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Answer:

$0.445 per mile

Explanation:

Calculation for what the average cost per mile

will be over the 4 years

First step is to calculate the Insurance cost

Insurance cost = $1,200 x 4

Insurance cost = $4,800

Second Step is to calculate the Maintenance cost

Maintenance cost = $400 x 4

Maintenance cost = $1,600

Third Step is to calculate the Total mileage

Total mileage = 10,000 miles per year x 4 years Total mileage= 40,000 miles

Fourth step is to calculate the Gas cost

Gas cost =( 1 gallon/25 miles per gallon x 40,000 miles)x $4 per gallon

Gas cost = 1,600 gallons x $4 per gallon

Gas cost=$6,400

Last step is to calculate the average cost using this formula

Average cost =Initial cost+Insurance cost+Maintenance cost +Gas cost/Total mileage

Let plug in the formula

Average cost = $5,000 + $4,800 + $1,600 + $6,400/40,000 mile

Average cost= $17,800 / 40,000 miles

Average cost = $0.445 per mile

Therefore what the average cost per mile

will be over the 4 years will be $0.445 per mile

A mindset characteristic often seen in expert entrepreneurs that accelerates learning-through-action is a "bias for action." This mindset reflects a proactive and hands-on approach to problem-solving and decision-making.

Expert entrepreneurs with a bias for action prioritize taking tangible steps and making progress over excessive planning and analysis. They understand that real-world experience and feedback are essential for learning and improving their entrepreneurial endeavors. By embracing a bias for action, expert entrepreneurs quickly test their ideas, products, and services in the market, gaining valuable insights and feedback that guide their iterative learning process. They understand that action enables them to gather valuable data, identify potential obstacles or opportunities, and make necessary adjustments along the way. Rather than getting paralyzed by overthinking or fear of failure, they embrace a "learn fast, fail fast" mentality, using each experience as a stepping stone towards their ultimate success.

This mindset characteristic fuels continuous improvement and innovation. It encourages entrepreneurs to take calculated risks, learn from both successes and failures, and iterate their strategies based on real-world feedback. By embracing a bias for action, expert entrepreneurs build a culture of learning, adaptability, and resilience, accelerating their growth and increasing their chances of entrepreneurial success.

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Answer:

a

Explanation:

how much you make verses how much you soend

When should a shipment of eggs be rejected if the  The eggs are not delivered at45 degrees F and when you receive a shipment of eggs, you should reject them if any of the eggs are cracked. Eggs that are cracked.

The shipment is the part of supply chain. The shipment in which the goods or products are packed after the process of manufacturing or production.

The eggs are rejected when the eggs got cracked and accidently cracked by the process of delivery to the consumer. Shipment is the important process in the supply chain if the shipment process is not done well, the rejection will arise.

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In order for communities to effectively connect workforce and economic development issues, it is crucial for them to prioritize collaboration and communication between key stakeholders.

This includes local government officials, business leaders, education and training institutions, and community members. One important step is to conduct a thorough analysis of the local economy, including identifying growth industries and potential workforce gaps. This information can then inform targeted workforce development initiatives, such as training programs or apprenticeships, that align with the needs of employers.

It is also important for communities to prioritize supporting local small businesses, as they are often the backbone of the local economy. This can include providing access to resources such as financing and technical assistance. In addition, communities should strive to create a welcoming and inclusive environment for all members of the workforce, including immigrants and other marginalized groups. This can help to attract and retain a diverse and skilled workforce, which can in turn support economic growth.

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Ilk's component cost of preferred stock is 8.25%. This means that the company needs to pay an 8.25% annual dividend to its preferred shareholders in order to compensate them for the risk they are taking by investing in the company's preferred stock.

Ilk's component cost of preferred stock can be calculated using the formula:
Cost of Preferred Stock = Annual Preferred Dividend / Net Proceeds of the Stock
In this case, the annual preferred dividend is 8% of the par value, which is the face value of the stock. Since the stock is selling for 97% of par, the net proceeds of the stock are 0.97 times the par value. Therefore, the component cost of preferred stock for Ilk can be calculated as follows:

Cost of Preferred Stock = (8% x Par Value) / (0.97 x Par Value)
Cost of Preferred Stock = 8.25%

So, Ilk's component cost of preferred stock is 8.25%. This means that the company needs to pay an 8.25% annual dividend to its preferred shareholders in order to compensate them for the risk they are taking by investing in the company's preferred stock.

it is important for companies to know the component cost of their preferred stock as it helps them to determine their overall cost of capital. This information is useful for making financial decisions such as capital budgeting, mergers and acquisitions, and determining the optimal capital structure of the company.

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Answer:

I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.

Explanation:

Answer:

a

Explanation:

The Marginal cost of producing the third unit is less than the average total cost of the third unit. this means that producing the third unit causes the average total cost to Decrease.

The Marginal cost is the change in total production cost that comes from making or producing one additional unit. To calculate marginal cost, divide the change in production costs by the change in quantity. The purpose of analyzing marginal cost is to determine at what point an organization can achieve economies of scale to optimize production and overall operations. If the marginal cost of producing one additional unit is lower than the per-unit price, the producer has the potential to gain a profit.

Therefore, The producing the third unit causes the average total cost to Decrease.

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The question relates to the impact of doubling the holding cost on the economic order quantity (EOQ) calculation. The EOQ, considering the doubled holding cost, is approximately 441 units.

If the holding cost doubles, it means the value of H increases from $2.00 per unit per month to $4.00 per unit per month. To calculate the economic order quantity (EOQ), the formula is used:

EOQ = \(\sqrt{[(2DS) / H]}\).

Given the values of D = 8,100 per month, S = $48 per order, and the new value of H = $4.00 per unit per month, we can plug them into the formula to find the EOQ.

EOQ =$\(\sqrt{[(2*8100*48) / 4.00]}\)

Calculating the expression within the square root, we get:

EOQ = \(\sqrt{[(778800) / 4.00]}\) = 441.

Therefore, the revised EOQ, considering the doubled holding cost, is approximately 441 units.

By doubling the holding cost, the EOQ decreases because a higher holding cost encourages smaller order quantities to minimize inventory holding costs.

This reduction in the EOQ suggests that it is more cost-effective to order smaller quantities more frequently to avoid excessive inventory costs associated with the increased holding cost.

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If you bring $1 to the bank when you are young, you can get $1.5625 when you become old, assuming an interest rate of 25% per period.

To determine how much money you can get when you become old, we need to calculate the future value of the $1 you brought to the bank when you were young, given an interest rate of 25% per period.

Let's assume that you are young in period 1 and old in period 2. The present value of $1 is $1 in period 1. To calculate the future value of this $1 in period 2, we can use the formula:

Future Value (FV) = Present Value (PV) x (1 + r)^n

Where r is the interest rate per period and n is the number of periods. In this case, r is 25% per period, and n is 2 (since there are two periods between when you are young and when you become old).

Using this formula, we can calculate the future value of the $1 you brought to the bank when you were young:

FV = $1 x (1 + 0.25)^2

= $1 x 1.5625

= $1.5625

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Answer:

A video game:

Explanation:

Target your audience: kids love videos games, and crazy colors. Grab your audiences attention

Answer:

we must first determine the annual payment:

annual payment = present value / annuity factor

present value = $25,000

PV annuity factor, 10%, 3 periods = 2.4869

annual payment = $25,000 / 2.48685 = $10,052.87

year       payment     interest paid       principal paid       ending balance

1          $10,052.87      $2,500              $7,552.87             $17,447.13

2         $10,052.87      $1,744.71           $8,308.16              $9,138.97

3         $10,052.87      $913.90             $9,138.97              $0

in percentages:

year       payment     interest paid       principal paid    

1               100%            25%                        75%

2              100%        17.36%                   82.64%

3              100%         9.09%                   90.91%

The science and practice of nursery management can be improved by choosing the right use of soil, fertilizers, nutrients and supply of clean water.

Nutrient management is the process of matching a particular crop management conditions, field soil, and climate condition to the 4R nutrients.

The 4R nutrients are

To answer this question, we make use of soil and nutrients management as a ratio to improve the nursery.

It follows that using the right soil in planting a particular type of crops helps to reduce some negative result or unfavourable condition which stands to impede economic growth.

The correct use and adequate supply of fertilizers can help to provide a favourable condition in the nursery.

In nursery production, employing clean water can go a very way to help improve the quality of these nursery lives and management as contaminated water reduces the productivity of the nursery.

In conclusion, we can now confirm that when we introduce the right measures in the nursery practice such as soil and nutrients management, it can help improve the ratios of the nursery.

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Complete question:

What could be done to improve the practice of nursery management that you chose

Budgeting is the process based on a determined structure.

What is the concept of budgeting?

Budgeting is a financial planning process that involves setting goals and creating a plan to achieve those goals. It involves developing a spending and saving plan that works within the framework of a person’s or organization’s financial resources. Budgeting is an effective tool for individuals and businesses to manage their finances. It allows them to track and monitor their income and expenses, and allocate funds appropriately. It also helps to identify areas where they can make adjustments to improve their financial situation. Budgeting can help people manage their money more effectively, set and achieve financial goals, and make sound financial decisions.

It is an important step for individuals and businesses to take to ensure their financial health and stability.

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Break-even point in units is 7,500 unit

Given that;

Cost of each heater = $35

Variable cost of each heater = $22

Fixed cost = $97,500

Find:

Break-even point in units

Computation:

Contribution = Sales - VC

Contribution = $35 - $22

Contribution = $13

Break-even point in units = Fixed cost / Contribution

Break-even point in units = 97,500 / 7

Break-even point in units = 7,500 unit

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Answer:

poorly maintained equipment

Answer:

contaminated water

Explanation:

if the water doesnt get boiled it will make you sick, contaminated water can make you sick easily so its a safety hazard

Bobby Epstein, chairman of COTA, predicts that the track will receive well over 400,000 people over the duration of the three-day weekend starting on October 21 and break its own attendance record with the F1 Aramco U.S. Grand Prix.

The surrounding infrastructure and logistics of the arena have been enhanced by COTA and the city of Austin to lessen the prolonged wait periods for services like fan shuttles that were encountered last year.

Austin will lack some of the normal F1 drama even though COTA is the fourth-to-last race of the year because Red Bull Racing driver Max Verstappen easily romped to his second title this year. As a result, the race for the championship is over. Epstein believes that despite the lack of tension on the track, the event will be a success.

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Answer:

Formulas

Formula auditing

evaluate formula

step in

Explanation:

just did it :)

Answer:

1) Formulas

2) Formula Auditing

3) Evaluate Formula

4) Step in

Explanation:

HOW TO USE THE EVALUATE FORMULA FEATURE:

1. Select the cell with the formula you want to evaluate.

2. Click the ✔ Formulas  tab on the ribbon.

3. In the  ✔ Formula Auditing  group, click ✔ Evaluate Formula .

4. Click Evaluate or  ✔ Step In to start the process.

Develop market research, a research tool that can be used to evaluate the buying behavior of selected products. A customer is a natural or legal person who purchases goods or services from another company.

Customers are important because they generate income. Without them, the business cannot continue to exist. A customer's demand is a demand that motivates the customer to purchase a product or service. A requirement can be known (ie, uttered by the customer) or unknown and is the final factor in determining which solution the customer will purchase.

The definition of a customer is a person who purchases goods or services in a store, restaurant, or another retail outlet. An example of a customer is someone who goes to an electronics store and buys a TV. (informal) A person, especially a person, begins some kind of interaction with another. A consumer is an individual or group of end users of a product or service. Here are some examples: A person who pays a barber to cut and style their hair. A company that buys printers for businesses.

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If we arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6. 5% nominal interest rate, with the first payment due in one month. The monthly payments amount be $1,042.91

       Down payment                                             $15,000.00

       Loan amount                                                 $165,000.00

      Terms in years                                              30

      Annual interest rate                                      6.50%

      Monthly interest rate                                    0.5417%

      No. of monthly loan payment                      360

      Monthly payment amount                          $1,042.91

The term "Monthly Payment Amount" refers to the total of the interest payable under this Note on the portion allocated as Fixed Rate Tranche A at the Fixed Interest Rate in the amounts for each such Payment Date set forth on Annex 1 attached hereto and incorporated herein by this reference or as provided by Payee to Maker in connection with the initial Fixed Interest Rate Interest Period from and including the First Payment Date through the Maturity Date.

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Answer:

surplus

Explanation: A surplus is a group of people searching for the same job.

Answer:

surplus

Explanation:

Answer:

1.A

2.C

3.D

Explanation:

hope its help