Answer:
The consumer surplus $3612.5.
Explanation:
There are 100 consumers. They value the concert tickets between $1 to $100. The sale price of the tickets is $15. At this price unlimited tickets are available.
The number of people who will purchase tickets
= 100 - 15
= 85
This is the equilibrium quantity of tickets.
The consumer surplus is the difference between the price that the consumer is willing to pay and what he has to actually pay. It can be found by calculating area between the market price and the demand curve.
Consumer's surplus
= 
= 
= $3612.5
=
<h2>
Maintain Situational awareness (Option A)</h2>
Explanation:
Option A:
A good leader should have good presence of mind, should be good at acting wisely during critical situation and show is smartness based on the situation. Smart work best works in most of the critical situation.
Option B: No organization makes anyone sole responsible because both victory and defeat needs to be shared by team since everything is team work.
Option C: Discussion is always desired among team member because it is team work and a leader will lead a team.
Option D: Taking multiple job is not so fair unless and until it is measurable and achievable.
The independent variable is the one being manipulated (or changed) in order to study the effects. In this case the independent variable is the $5 price change.
Answer:
Order size= $57.61 per machine hour
Explanation:
Giving the following information:
Order size:
Estimated total overhead= $581,866
Estimated total machine hours= 10,100
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Order size= 581,866 / 10,100
Order size= $57.61 per machine hour
Answer:
Making sure that your view points are clearly heard.
Explanation:
Effective communication can be defined as the process of passing out information in a clear and concise manner. It is a means of successfully conveying information to the listener.
Effective communication helps to improve productivity among employees in an organisation. This type of communication can be enhanced by a good body language.
In the scenario described above, an effective communication can be achieved by ensuring that your viewpoints are clearly understood by the audience.
