Business, 06.03.2020 18:59 joshuajoseph249
The manager of the Boston Red Sox notices that his outfield star, Fenway Fred, has gone hitless in his last ten at bats. Which management function is he performing?
Answers: 3
Business, 22.06.2019 00:30
Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale
Answers: 1
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
Business, 22.06.2019 20:40
Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.
Answers: 2
Business, 22.06.2019 22:50
Awork system has five stations that have process times of 5, 9, 4, 9, and 8. what is the throughput time of the system? a. 7b. 4c. 18d. 35e. 9
Answers: 2
The manager of the Boston Red Sox notices that his outfield star, Fenway Fred, has gone hitless in h...
Mathematics, 26.09.2019 20:00
Computers and Technology, 26.09.2019 20:00
English, 26.09.2019 20:00
Physics, 26.09.2019 20:00
Computers and Technology, 26.09.2019 20:00
English, 26.09.2019 20:00
Mathematics, 26.09.2019 20:00
History, 26.09.2019 20:00
English, 26.09.2019 20:00
English, 26.09.2019 20:00
Geography, 26.09.2019 20:00