Answer:
C) Work teams generate positive synergy through coordinated effort.
Explanation:
<u><em>Work teams is a team formed with number of individuals working for the same goal, who posses different talents and values, and joint together, providing a positive synergy in the team, towards the common goal.</em></u>
Work teams are focused and for reaching the goals, distribute the work among themselves through a facilitator, who is said to lead the work team, in the process of achieving a common goal.
Therefore, correct statement is:
Statement C
Answer:
maximum profit ($30 in total) is obtained by selling 5 units
Explanation:
- if the market maker buys and sells one unit, his/her profit = $15 - $5 = $10
- if the market maker buys and sells two units, his/her profit = $10 + ($14 - $6) = $18
- if the market maker buys and sells three units, his/her profit = $18 + ($13 - $7) = $24
- if the market maker buys and sells four units, his/her profit = $24 + ($12 - $8) = $28
- if the market maker buys and sells five unit, his/her profit = $28 + ($11 - $9) = $30
the maximum profit per unit is obtained by selling only 1 unit, but the total maximum profit is obtained by selling 5 units.
Answer:
5,182 Units
Explanation:
The computation of additional units is given below:-
Operating income = Contribution Margin Per unit × Units - Fixed cost
= ($4.50 - $1.75) × 29,000 - 8,500
= $71,250
Operating income is increased by 20%
Operating income = $71,250 × 1.20
= $85,500
So, per units
$85,500 = ($4.50 - $1.75) × Units - 8,500
= $94,000 ÷ 2.75
= 34,181.82
Additional Units
= 34,181.82 - 29,000
= 5,182 Units
Answer and Explanation:
The computation is shown below:
a. For the maximum amount that spend each month on mortgage payment is
= Gross annual income ÷ total number of months in a year × mortgage payment percentage
= $39,600 ÷ 12 months × 28%
= $924
b. . For the maximum amount that spend each month on total credit obligatons
= Gross annual income ÷ total number of months in a year × mortgage payment percentage
= $39,600 ÷ 12 months × 36%
= $1,188
c. Now the maximum amount spend for all other debt is
For monthly mortgage
= $924 × 70%
= $646.8
And, for mortgage debt
= $1,188 × 70%
= $831.60
Answer:
A. Set above equilibrium price
Explanation:
A price ceiling is a mandatory maximum price that a seller is allowed to charge. Generally, a government may impose this in order to protect consumers, especially with regards to the purchase of essential goods.
If the price ceiling was set below the equilibrium price (option c) or if the equilibrium price is above the price ceiling (option b), it will immediately cause a shortage (option d) since the quantity demanded would be higher than the quantity supplied when the price falls. This is because people will be willing to purchase more since it is cheaper but suppliers will be willing to produce less due to lower profits. Hence, options b, c and d are eliminated.
Option A is correct because... (please refer attached diagram):
When the price ceiling is above the equilibrium price, suppliers are willing to supply more since they can make higher profits but consumers will reduce purchasing since it is expensive. However, it does not cause any immediate effect because it takes time for suppliers to be able to produce more and cannot be done immediately unless anticipated in advance. In the long run however, quantity demanded will fall from equilibrium quantity to D1 and quantity supplied will rise from equilibrium quantity to S1. Hence, causing a surplus between D1 - S1 in the long run.
