Answers
The correct answer to this open question is the following.
Although there is no further information about the case of study, we can say that the question possible refers to the case where the name of the company is just "The Client." The name of the document is "Leading Innovation Change - The Kotter Way."
This case refers to the challenges faced by an organization when it is time to innovate. Many members want to innovate but the culture of the company or the lack of proper leadership from managers often hinders the innovation efforts of the company.
So some of the elements of Kotter's Eight Stages of Leading Change that were included in the case were the following.
Create Urgency. The creation of new products of the company was limited and was not enough to compete in the future. A sense of urgency was needed to implement innovation.
Form a Powerful coalition. The company had to be very selective about the kinds of products that could help it to successfully compete in the future. The company had to use the best it had to establish priorities.
Create a vision for change. It was critical for the company to establish a new vision to get the results it needed. A renovation of the processes to face new necessities was imperative. Change has to be part of every member's mind.
Communicate the vision. This new vision had to be shared through the entire company. The members had to understand the importance of the innovative practices and each and every one of them had to be part of this new mentality.
Related Questions
how can I draw the circular flow of Income in an open economy?
Answers
The unending flow of goods and services, income, as well as expenditure in an economy is referred to as the circular flow. It depicts the circular redistribution of income between the production unit and households. Land, labour, capital, as well as entrepreneurship are examples of these.
The circular flow of diagram's outer loop depicts the flow of factor services from households to firms, as well as the corresponding flow of payments for factors from firms to households.
The inner loop depicts the flow of goods and services from firms to households, as well as the flow of consumer spending from households to firms. The entire amount of money paid by firms as factor payments is returned to the firms by the factor owners.
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How did corporations and companies deal with the problem posed by competition?
Group of answer choices
They used fraud and corporate espionage to put rivals out of business.
They got politicians to endorse them, in exchange for large campaign donations.
They bribed police to shut their rivals down.
Multiple companies merged into single companies, which could have monopolies and set prices as they liked.
Answers
Answer:
Correct option : Multiple companies merged into single companies, which could have monopolies and set prices as they liked.
Explanation:
Corporations and companies deal with the problem posed by competition when two or more companies come together and merged into a single companies, which could have monopolies in which they set their own prices as they liked which inturn lead to NO COMPETITORS and inturn enables this single companies to deal with all the problems that is been posed by competition in the market reason been that the products or goods sold by this merged single companies or single firms are unique and different from others goods sold in the market by other company.
Example Company X, Y and Z may decide to merged into a single companies in which after merging they went into production of a unique products like Designer wears which means that this single merged companies can set prices for this unique designer wears as they like by either selling it at $300,$400,$500 or even at lesser price or more higher price because they are the only producer of such unique designers wears which inturn will enable them to have a competitive advantage over other company in the market because they have NO COMPETITORS.
ou invest $1,000 in stocks. Would a macroeconomist call this an investment? Why or why not? An economist would say no, because you are just buying an existing asset without creating any new productive capacity in the economy. yes, because you are purchasing something that may yield more value later. yes, because there is a concensus amongst Wall St. that this is considered an investment. no, because the minimum threshold for a stock purchase to be considered an investment is $10,000.
Answers
Answer:
An investment of $1,000 in stocks:
yes, because you are purchasing something that may yield more value later.
Explanation:
While Macroeconomics tries to explain aggregate phenomena such as economic growth, business cycles, unemployment, inflation, etc., this does not preclude this branch of economics from agreeing with a fact. An investment remains an asset which the investor purchases in order to generate more future income.
Explain three macroeconomic factors and three microeconomic factors that influence job markets and career decisions.
Answers
The job market and career decision-making is greatly impacted by three macroeconomic factors: economic growth, inflation, and interest rates.
Explain three macroeconomic factors and three microeconomic factors that influence job markets and career decisions.Positive economic growth can lead to more work opportunities, while elevated levels of inflation and/or high interest rates might reduce the amount of nascent jobs and impede the hiring process.
Likewise, microeconomic elements such as industry trends, competition, and technical advancements also bear an influence on the job market and related decisions. Each sector’s trends affect the demand for certain types of positions, while rivalry can have an impact on salaries and job safety.
These days, the incorporation of technological advancements in both the organizational climate and manner of operation often creates a new variety of employments that necessitate novel abilities for employees.
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Theoretically, how should a business choose between borrowing and equity in its capital structure?
Answers
A business needs to choose between the financing options available, generally there are two options available to a company that is equity and borrowing. A company needs to choose a perfect ratio between the two, Ideal is 40% borrowing and 60% Equity.
What is Borrowing or Debt?Borrowing the financing option that a company have, this is also known as the debt, in a debt the company asks for loan from financial institutions who provide loan to the company at a certain percentage of interest that the company will have to bear as a finance cost, the business will pay this cost to the debtor every year as per the agreed terms.
Ideally a company should never cross 50% of borrowing of the total capital, this makes the investment too risky and the debtors will then as a result increase the interest percentage.
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During its first year of operation Mazer Manufacturing Company produced 9,500 units of inventory and sold 2,550 units. Mazer incurred variable product cost of $2.50 per unit and $13,300 of fixed manufacturing overhead costs. The sales price of the products was $9.50 per unit. Determine the amount of net income Mazer would report if the company uses variable costing.
Answers
Answer:
Explanation:
To determine the amount of net income Mazer would report if the company uses variable costing, we need to calculate the variable cost per unit and the contribution margin per unit first:
Variable cost per unit = variable product cost per unit
= $2.50
Contribution margin per unit = sales price per unit - variable cost per unit
= $9.50 - $2.50
= $7.00
Using this information, we can calculate the total variable cost and total contribution margin for the units sold:
Total variable cost = variable cost per unit x units sold
= $2.50 x 2,550
= $6,375
Total contribution margin = contribution margin per unit x units sold
= $7.00 x 2,550
= $17,850
Next, we can calculate the total fixed manufacturing overhead cost incurred by Mazer during the first year of operation:
Total fixed manufacturing overhead cost = $13,300
Finally, we can calculate the net income using the variable costing method:
Net income = total contribution margin - total fixed manufacturing overhead cost
= $17,850 - $13,300
= $4,550
Consider that the market demand function For IBM Computer represented as a. Calculate Price elasticity of demand when d=20,000-0.5P, Ceteris paribus the price per unit is Birt 10,000. b. It the demand for IBM Computer aces elsarric, inelastic or Unitary elastic? C. Interpret the result
Answers
A. The price elasticity of demand is PED ≈ -0.67.
B. The demand for IBM computers is inelastic because the absolute value of the price elasticity of demand (PED) is less than 1.
C. The negative value of the price elasticity of demand (-0.67) indicates an inverse relationship between price and quantity demanded.
To calculate the price elasticity of demand (PED), we need to use the formula:
PED = (% change in quantity demanded) / (% change in price)
a. Given the demand function d = 20,000 - 0.5P and the price per unit is $10,000, we can calculate the quantity demanded at this price by substituting P = $10,000 into the demand function:
d = 20,000 - 0.5 * 10,000
d = 20,000 - 5,000
d = 15,000
Now, let's consider a small change in price. Let's say the price decreases to $9,500, and the quantity demanded changes to 15,500. We can calculate the percentage changes:
% change in quantity demanded = (15,500 - 15,000) / 15,000 * 100 = 3.33%
% change in price = (9,500 - 10,000) / 10,000 * 100 = -5%
Now we can calculate the price elasticity of demand:
PED = (% change in quantity demanded) / (% change in price)
PED = 3.33% / -5%
PED ≈ -0.67
b. The demand for IBM Computer is inelastic because the absolute value of the price elasticity of demand (PED) is less than 1. In this case, the PED is approximately -0.67, indicating that a 1% change in price will lead to a smaller percentage change in quantity demanded.
c. The negative value of the price elasticity of demand (-0.67) indicates an inverse relationship between price and quantity demanded. In other words, as the price of IBM Computers increases, the quantity demanded decreases, and vice versa. However, since the demand is inelastic, the change in quantity demanded is proportionately smaller than the change in price. This suggests that consumers are not highly responsive to price changes, and IBM Computers are relatively price-insensitive.
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A suplier who requires payment with in 10 days, should be most concerned with which one of the following ratios when granting credit?
a. Current Cash
b. Debt-equity
c. Quick
Answers
Answer: E) Cash
Explanation:
The Supplier should be most concerned with the Cash Ratio when granting credit. The Cash Ratio measures the amount of Cash in addition to the amount of Cash equivalent assets that the company has against it's current Liabilities in other to see if the company can be able to pay off it's Current Liabilities with it's current Cash and Cash Equivalents.
The Supplier will therefore be concerned with this ratio to see if the company is indeed able to pay back within 10 days before they can be able to grant credit.
Why is it important to focus on others' needs when communicating online?
Answers
Answer:
Why is it important to focus on others' needs when communicating online? It is important to consider others needs so that your online communication is not harmful to others and to your relationships. ... The rules and guidelines for effective Internet communication.
Explanation:
The today's all are connected to the online and the communicating to the online. There are the involved to the groups and the gossips.
What is communicating?
The term communicating refers to communicate to the one person to the another person. The term communicating is to communicate to the mass level as well as to share the ideas and the thoughts. The communicating are to share the preferences to the one person to the another.
Nowadays, the youth are the involved to the social media in the groups. They are the communicating to the one person to the another person is the safe. The internet are the all are the used to the one social media, it was the connected to the each. The communicating the connected to the online and the gossips.
As a result, the today's all are connected to the online and the communicating to the online.
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Blake is an investor in a nonpublicly traded limited partnership. He invested $50,000 in cash and is personally liable for $5,000 of the partnership's debt. What is Blake's capital at risk in the partnership
Answers
Blake capital at risk is limited to $50,000 because the limited partners or investors are not personally liable for business debts.
What is the position of Blake in the partnership?In this case, Blake is an investor in a non-publically traded limited partnership and he is treated as a limited partner.
In practice, the liability of limited partner is limited to their extent of their investment.
Hence, Blake capital at risk is limited to $50,000 because the limited partners or investors are not personally liable for business debts.
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Developing informative, non-salesy content to educate customers to solve problems is part of: a. In-supplier b. Push strategy c. Pull strategy d. Out-supplier
Answers
Answer:
D : Out-supplier
Explanation:
The reason is that out suppliers focus more on the customer needs than on their own greeds. That's why their more based on customer priorities......
I hope this helps. :)
Which of the following is NOT a feature in the Formulas menu of the Macabacus Excel add-in? Review Later Summary Statistics Error Wrap Quick CAGR Formula Flow
Answers
The following that is NOT a feature in the Formulas menu of the Macabacus Excel add-in is Formula Flow. This is further explained below.
What is Formula Flow?Generally, The formula for the volumetric flow rate is as follows: Vf = A*v, where A is the cross-sectional area and v is the flow velocity.
In conclusion, Macabacus is an Excel add-in that has many useful features, but Formula Flow is not one of them.
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Firm A is very aggressive in its use of debt to leverage up its earnings for common stockholders, whereas Firm NA is not aggressive and uses no debt. The two firms' operations are identical--they have the same total investor-supplied capital, sales, operating costs, and EBIT. Thus, they differ only in their use of financial leverage (wd). Based on the following data, how much higher or lower is A's ROE than that of NA, i.e., what is ROEA - ROENA?
Applicable to Both Firms Firm A's Data Firm NA's Data
Capital $180,000 ___________ 50% ___________ 0%
EBIT $40,000 Int. rate 12% Int. rate 0%
Tax rate 35%
A) 10.25%.
B) 12.01%.
C) 10.35%.
D) 12.12%.
E) 12.84%.
Answers
Answer:
Kindly check the because my below submission is water tight
Explanation:
First and foremost, we need to determine the net income for both companies bearing in mind that the for firm A interest expense is 12% of debt capital whereas debt capital is 50% of total capital of $180,000 since the debt ratio(debt/total capital) of firm of Firm A is 50% and 0% for Firm NA
EBIT=$40,000
tax rate=35%
Firm A:
Debt capital=50%*$180,000=$90,000
Equity=50%*$180,000=$90,000
interest expense=$90,000*12%
interest expense=$10,800
Earnings before tax=$40,000-$10,800=$29,200
net income=earnings before-tax*(1-tax rate)
net income=$29,200*(1-35%)
net income=$18,980
return on equity=net income/equity
return on equity=$18,980/$90,000
return on equity=21.09%
Firm NA:
Equity=$180,000
debt=0%
EBIT=$40,000
no debt, no interest expense
net income=$40,000*(1-35%)
net income=$26,000
return on equity=$26,000/$180,000
return on equity=14.44%
ROEA - ROENA=21.09%-14.44%=6.65%
What is the future value in 60 years of $7,440 invested today at 9 percent interest, compounded annually
Answers
The future value of the amount invested is $1,309,672.81.
What is the future value?When an investment is compounded annually, it means that the amount invested increases in value once a year.
The formula that can be used to determine future value is:
FV = P (1 + r)^nm
FV = Future value P = Present value R = interest rate m = number of compoundingN = number of years$7440 x (1.09)^60 = $1,309,672.81
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You run a school in Florida. Fixed monthly cost is $5,644.00 for rent and utilities, $6,057.00 is spent in salaries and $1,616.00 in insurance. Also every student adds up to $90.00 per month in stationary, food etc. You charge $647.00 per month from every student now.You are considering moving the school to another neighborhood where the rent and utilities will increase to $10,636.00, salaries to $6,878.00 and insurance to $2,230.00 per month. Variable cost per student will increase up to $185.00 per month. However you can charge $1,167.00 per student. At what point will you be indifferent between your current mode of operation and the new option
Answers
Answer:
The indifference point is 15 students.
Explanation:
Giving the following information:
Current location:
Total fixed costs= 5,644 + 6,057 + 1,616= $13,317
Contribution margin per student= 647 - 90= $557
New location:
Total fixed costs= 10,636 + 6,878 + 2,230= $19,744
Contribution margin per student= 1,167 - 185= $982
First, we need to structure the total income formula for each location:
Current location= 557x - 13,317
New location= 982x - 19,744
x= number of students
Now, we equal both formulas and isolate x:
557x - 13,317 = 982x - 19,744
425x = 6,427
x= 15.122 = 15 students
The indifference point is 15 students.
Prove:
Current location= 557*15 - 13,317= (4,962)
New location= 982*15 - 19,744= (5,014)
The difference is due to round up.
Brainlest???
How do social media sites impact the hospitality and tourism industry and its employees?
Answers
Answer:
Social media permits hotel managers to get immediate and direct feedback from their clients, so they can understand better their needs and wants. On the other hand, social media can have a negative effect too.
Explanation:
Hopes this helps
Advantages of large group communication ?
Answers
Answer:
1: Increased output: The first and most important advantage of group work is, that it increases total productivity
2: More resources :The more member you have in a group, the resources you have at the end of the day...
3: Reliability: Project are safer with team than with individual.
4: proper decision making
5:Exposure to diversity.
Answer:
andvatage whem itsits when couple enoustryied withcouple walangjowa ble
Explanation:
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importance of constitutional law to Ghana's development
Answers
The importance of constitutional law to Ghana's development is it establishes the structure, procedures, powers and duties of the government, structure of the judiciary and legislature, and spells out the fundamental rights and duties of citizens.
What is constitutional law?It is body of law based on a ratified constitution or similar formative charter dealing with the fundamental principles by which a government exercises its authority. The the body of rules, doctrines, and practices that govern the operation of political communities is known as constitutional law.
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Yams Company reports the following operating results for the month of August: sales $400,000 (units 5,000), variable costs $240,000, and fixed costs $90,000. Management is considering the following independent courses of action to increase net income.
1. Increase selling price by 10% with no change in total variable costs or units sold.
2. Reduce variable costs to 55% of sales.
Required:
Compute the net income to be earned under each alternative. Which course of action will produce the higher net income?
Answers
Answer:
Yams Company
Alternative 1: Increasing the selling price by 10% with no change in total variable costs or units sold will produce the higher net income.
Explanation:
a) Data and Calculations:
Total Unit Quantity
Sales for the month of August = $400,000 $80 5,000
Variable costs = $240,000 48 5,000
Fixed costs = $90,000
Alternatives to increase net income:
Alternative 1 Alternative 2
Sales revenue $440,000 $400,000
Variable costs 240,000 220,000
Contribution margin $200,000 $180,000
Fixed Costs 90,000 90,000
Net income $110,000 $90,000
Mark and Ryan just moved into their first apartment together and they want to buy a flat screen TV for the living
room. They both work but between college tuition, books and rent their funds are running low. Mark decides to take
advantage of a financing offer from a local electronics store and buys the TV on a line of credit.
Is this a good or bad debt move? Why?
Answers
Answer:
I need points sorry plss forgive I really need it pls
Clayton Alderfer’s ERG theory is a modification of Maslow’s hierarchy of needs because it states that human needs can be grouped into three instead of five categories. ________ is not one of the ERG categories.
Answers
According to Lderfer's ERG theory, there are three categories of basic needs: presence (E), relationship (R), and development (G). These three categories are referred to as ERG categories.
What analysed in order between Alderfer's and Maslow's motivational theories?Humans have three primary sorts of needs, according to Herzberg two - factor theory of motivation, which expands on Maslow's classification of needs: Existence, Relatedness, and Growth. These requirements may have varying degrees of priority for various people, and they relative importance to a person may change over time.
What are the implications of Alderfer's relatedness requirements on the value of preserving interpersonal relationships?The necessity of maintaining interpersonal connections is related to relatedness demands. These needs are centered on social connections with others and correspond to Maslow's levels of esteem-related needs and love/belonging-related wants (including companionship, love, and sexual intimacy) (gaining the respect of others).
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A long-term incentive is a type of
incentive given to employees that
is designed to be paid over
or longer.??
Answers
Valeria deposited $80 in an account earning 5% interest compounded annually. To the nearest cent, what is the total amount in the account after 2 years?.
Answers
After two years, Valeria will accrue interest of $8.20, rounded to the nearest cent. It will come to $88.20 in total.
What is the rate of compound interest?
Compound interest is calculated as interest on an account's principal plus any previously accumulated interest.
What is the balance of the account after a period of two years?
Using the following formula, compound interest can be calculated:
Since x equals compound interest, x = P (1+r/n)^nt.
Initiator = (the initial deposit or loan amount)
r is the annual interest rate.
n is equal to the number of compounding periods per second.
t is the duration for which the funds are borrowed or invested.
Given: Valeria put $80 into a savings account earning 5% interest annually compounded.
P = 80 dollars, r = 0.05 (5% represented in decimal form), t = 2 years, and n = 1 (annual compounded).
The formula becomes A = $80(1 + 0.05/1)^2 when these numbers are substituted.
= $88.20
Subtracting the principal from the total amount yields the amount of interest earned:
Interest equals $88.20 - $80, or $8.20.
Interest equals $8.20 as a result.
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You and your best friend decide you would like to open a coffee shop. Create a sample logo, showcasing the name of your coffee shop. Determine the most appropriate way to protect your business name and logo through choosing the applicable intellectual property law.
Follow these steps to complete this activity. You will choose a name, create a logo with your preferred design program, and fill out a sample application for protecting your intellectual property.
Step 1: Create a name and relevant logo
Decide on a name for the coffee shop.
Using your preferred design program, create a relevant logo.
Step 2: Choose intellectual property law and do online research
Determine which intellectual property law applies to protecting names and logos.
Go online to your state’s government site.
Find applications to register and protect intellectual property.
Step 3: Complete application
Download the appropriate application.
Fill it out as if you planned to submit it.
Answers
To protect the name and logo of a coffee shop, one should choose the appropriate intellectual property law and complete the necessary application.
To protect their business name and logo, the owners should choose the applicable intellectual property law, such as trademarks or copyrights.
What steps must we follow to fill the application out as if you planned to submit it?To complete the application for protecting the name and logo of your coffee shop, you can start by researching the relevant intellectual property law that applies to your situation.
Trademarks are the most common form of protection for business names and logos, so you should research the trademark registration process and requirements. Visit the website of the United States Patent and Trademark Office (USPTO) to learn more about trademarks and fill out the appropriate application form.
The application will require basic information about your business, such as the name and address, as well as a description of the logo and its intended use. You will also need to pay the application fee, which varies depending on the type of application and the number of trademark classes you choose. Once you have completed the application, you can submit it online or by mail to begin the process of protecting your coffee shop's name and logo
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The heart of the golden rule is
O sympathy
O pity
O empathy
O liberty
Answers
Answer:
The answer is empathy
Explanation:
Empathy means to put yourself into another person's perspective, which is precisely what the golden rule "treat yourself how you would like to be treated" encourages.
Here are some important figures from the budget of Crenshaw, Inc., for the second quarter of 2019.
April May June
Credit sales $ 689,000 $ 598,000 $ 751,000
Credit purchases 302,000 282,000 338,000
Cash disbursements
Wages, taxes, and expenses 137,000 129,000 179,000
Interest 15,600 15,600 15,600
Equipment purchases 53,500 6,600 248,000
The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its sales will be collected in the month of the sale, and the remaining 60 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2019, credit sales were $561,000.
Using this information, complete the following cash budget: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
Answers
Explanation:
CRENSHAW, INC.
Cash Budget
For the Quarter Ending June 30, 2019
April May June Total
Beginning cash balance
Add cash collections from:
March credit sales $ 0 $ 0 $ 561,000 $ 561,000
April credit sales 34,450 482,600 413,700 930,750
May credit sales 479,600 523,300 0 1,002,900
Total cash collections 514,050 1,005,900 974,700 2,494,650
Total cash available 514,050 1,005,900 1,535,700 3,055,650
Less cash disbursements for:
Wages, taxes, and expenses 137,000 129,000 179,000 445,000
Interest 15,600 15,600 15,600 46,800
Equipment purchases 53,500 6,600 248,000 308,100
Total cash disbursements 206,100 151,200 442,600 799,900
Ending cash balance $ 307,950 $ 854,700 $ 1,093,100 $ 2,255,750
Note: Cash collections were calculated as follows:
April credit sales collected in April: $689,000 × 35% = $241,150
April credit sales collected in May: $689,000 × 60% = $413,400
May credit sales collected in May: $598,000 × 35% = $209,300
May credit sales collected in June: $598,000 × 60% = $358,800
June credit sales collected in June: $751,000 × 35% = $262,850
Total cash collections: $241,150 + $413,400 + $209,300 + $358,800 + $262,850 = $1,485,500.
The___ represents the cost of a loan and is expressed as a percent of the amount borrowed
A-CPI
B-interest rate
C-principle
D-supply
Answers
Answer:
I’m pretty sure it’s B. interest rate
A parking garage in downtown Baltimore offers its services to both monthly customers, who pay a fixed fee every month, and to visitors, who pay an hourly fee (assume that the hourly fee is the same regardless of the day or time of day). Each monthly customer gets an ID assigned by the garage, and the garage wants to maintain the customer’s basic contact information. The monthly fee paid is negotiated separately for each customer, and it changes periodically; it is important for the garage to maintain a history of the fee details for each customer. The garage has more than 700 parking spots, each of which is equipped with a sensor that recognizes whether there is a car in the spot; in addition, the sensor can read each monthly customer’s customer ID card with an RFID reader and, thus, knows which monthly visitor has parked at which spot and when. Each spot is also equipped with a camera that is able to take a picture of each visitor’s license plate number; this information is stored to help locate any vehicle that an owner has misplaced. The system should keep track of each time a parking spot is used, including an image of the license plate, start and end times, and a link to the monthly customer, if appropriate.
1. Create a high-level ERD which shows only the cardinality and modality between the main entities.
2. Write out the tables including cardinalities, primary and foreign keys.
Answers
High Level Entity Relationship Diagram which shows only cardinality and modality between main entities:
Customer ------< Payment >------ Garage
Customer ------< Spot >------ Garage
1- High-Level ERD:
High Level ERD, or High Level Entity Relationship Diagram, is a visual representation of the relationships between different entities in a data model. It is used to illustrate how different entities interact with one another, and how they can be used to store and retrieve data. High Level Entity Relationship Diagram's are typically used to help define the structure of a database, and they can be used to help identify potential problems that may arise when designing a database.
Customer ------< Payment >------ Garage
Customer ------< Spot >------ Garage
2 - Tables:
Monthly Customer Table:
Primary key: Customer ID
Fields:
Customer ID
Name
Contact information
Fee details (history)
Monthly Parking Spot Table:
Primary key: Spot ID
Foreign key: Customer ID
Fields:
Spot ID
Customer ID
Parking Event Table:
Primary key: Event ID
Foreign key: Spot ID
Fields:
Event ID
Spot ID
License plate number
Start time
End time
Hourly Parking Spot Table:
Primary key: Spot ID
Fields:
Spot ID
Visitor Table:
Primary key: Visitor ID
Fields:
Visitor ID
Name
Contact information
Parking events (many-to-many link to Parking Event table)
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What do you think is the most important thing an advertising professional must remember when using social media?
Answers
Answer: the target audience
Explanation: you have to n remember who the post is intended for.
Answer:
be kind
Explanation:
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that at the optimal quantity for each firm. Furthermore, the quantity the firm produces in long-run equilibrium is the efficient scale. True or False: This indicates that there is a markup on marginal cost in the market for shirts. True
Answers
Answer:
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that P = ATC, P>ATC, MR =MC, or MR>MC at the optimal quantity. Furthermore, the quantity the firm produces in long-run equilibrium is the efficient scale. True False
This indicates that there is a markup on marginal cost in the market for shirts. True False
Explanation:
In the long run, monopolistically-competitive entities produce at a level where marginal cost and marginal revenue are equal. This makes it impossible for individual companies to sell their products at prices above the average cost. This situation means that monopolistically-competitive companies will always earn zero economic profit in the long run.