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sweet [91]
2 years ago
8

Due to the decrease in the level of water in the lakes of Chapel Hill, the local government wants to reduce the consumption of t

ap water. They are evaluating two alternatives: to impose a minimum price per gallon of tap water consumed that is five cents greater than the actual price, or to impose an excise tax of five cents on consumption of tap water. Assume that this market is originally in equilibrium. Which of these two alternatives will deliver a bigger reduction in the quantity consumed
Business
1 answer:
Paul [167]2 years ago
6 0

Answer:

The correct answer is the first option: To impose a minimun price per gallon of tap water consumed that is five cents greater thant the actual price.

Explanation:

To begin with, if the local government is looking forward to reduce the consumption of the tap water due to the decrease in the level of water in the lakes of Chapel Hill, then it must impose a minimum price per gallon of tap water consumed that is five cents greater than the actual price <u>due to the fact that when the citizens continue to consume the tap water they will have to pay 5 cents more every time the exceed the gallon of water consumed</u>, therefore <em><u>paying more than one time the 5 cents extra</u></em> in the consumption instead of paying just one single time the 5 cents due to the simple consumption of water as it is suggested in the other option.

To sum up, if the government charges 5 cents more every gallon of water then the people will decrease their consumption because everytime they passed the gallon of water then they will have to pay another extra 5 cents and so on.  

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Customers around the world know Pepsi and consider it a primary "go-to" brand if they want a refreshing drink. This positioning
Sedbober [7]

Answer:

B. targeting strategy and marketing mix

Explanation:

In business, Targeting strategy refers to a strategy that a company implemented to sell their product to specific group of consumers.

In pepsi's case, they focus their targeting strategy toward the consumers who want a refreshing drink.

Marketing mix is a marketing strategy that is revolved around  product, price, place, and promotion. Companies could utilzie this 4 factors to create a business model that can make their targeting strategy succesful.

In pepsi's case:

They sold their product in almost every convenience store <u>(place) .</u> Making it easier for consumers who currently crave refreshing drinks. The <u>price </u>of Pepsi's product is very affordable.

<u>They designed and promote their produc</u>t to obtain a reputation as refreshing  a product that can relinquish your thirst.  You can see it in most of their advertising. Most of it consist of people in a hot weather that craves something cold and refreshing.

8 0
2 years ago
Which of the following best describes how information sharing helps eliminate the bullwhip effect? a) Information sharing reduce
zepelin [54]

Information sharing reduces information lead time, enabling each organization to plan according to end demand and not according to the orders placed immediately downstream.

Explanation:

The Bullwhip effect is a trend of the distribution channel where estimates result of inefficiencies in the supply chain. Of reaction to fluctuations the market demand the inventory swings are growing, as the supply chain continues to grow.

The effect of the bullfight generally flows up the supply chain, starting from the retailer, wholesaler, dealer, producer and then the supplier of the raw materials.

This method does not include daily fluctuations to run level. Another way of reducing the bullwhip effect is by eliminating the delays along the supply chain. In general, the fluctuations in the supply chain can be reduced by 80% by cutting order to supply time by half in both real supply chains and supply chain simulations

4 0
2 years ago
Doubling the capacity of a bottleneck operation would theoretically always double the capacity of the process. Ignore waiting ti
nignag [31]

Answer: b) No

Explanation:

If you double the capacity of the bottleneck operation i.e the operation that has a limited capacity that is causing the entire project to slow down, it could work for removing the bottleneck from that particular operation. The problem however, is that this bottleneck might then be passed into another operation which will then slow down the entire process again.

Think of this this way, imagine there is constant traffic on one road with a double lane in a city and the city decides to up it to a four lane drive. The traffic subsides in that area but still continues on the road lane after the upgraded road which is a 2 lane as well.

The problem may have been fixed in one area but might just come up in another one.

3 0
2 years ago
Which idea best explains the Datasheet view?
nydimaria [60]

Answer:

a default setting for displaying all the data in a table

Explanation:

Datasheet View is default settings in Database Management System, which allows access to view the displayed data organized in columns and rows similar to an excel worksheet.

It also allow options for enter, delete or modify the data in a table.

Hence, in this case, the best idea that explains the Datasheet view is a default setting for displaying all the data in a table

3 0
2 years ago
Ellis Television makes and sells portable televisions. Each television regularly sells for $210. The following cost data per tel
Mumz [18]

Question

Ellis Television makes and sells portable televisions. Each television regularly sells for $210. The following cost data per television is based on a full capacity of 10,000 televisions produced each period.

Direct material - $80

Direct Labour  -$60    

Manufacturing overhead(70% variable, 30% unavoidable fixed cos)  -$40

A special order has been received by Ellis for a sale of 2,000 televisions to an overseas customer. The only selling costs that would be incurred on this order would be $6 per television for shipping. Ellis is now selling 6,000 televisions through regular channels each period. What should be the minimum selling price per television in negotiating a price for this special order?

Answer:

The minimum selling price = $174.

Explanation:

The minimum selling price to be acceptable for the special order be the same as the relevant variable cost of producing a unit.

The relevant variable cost = marginal cost of a unit

Marginal cost = Direct material  + Direct labour + Variable manufacturing overhead + shipping cost

Marginal cost =  80 + 60 + (70%× 40) + 6

                      = 174

The minimum selling price = $174.

Note : The 30% balance of manufacturing overhead which represents unavoidable fixed costs is irrelevant for this decision. These are costs that would be incurred either way whether or not the special order is accepted.

8 0
2 years ago
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