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diamong [38]
1 year ago
15

Characteristics of evaluation do not include

Business
1 answer:
Fed [463]1 year ago
7 0

Characteristics of evaluation do not include : C. using techniques that measure results against established objectives.

In a research study the base are the objectives. Due to, this are the goals for your work. So, when you are evaluating something, you could never use a technique that meause the results against the stablished objectives. It is a nonsense way of evaluate.

Also, you should choose a correct method of evaluation in line to the objetive of your evaluation. Everything should be based on your objetives.

This question was answered base on "Principles for the evaluation of research " from Ghent University.

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Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where MR = MC). At tha
IgorC [24]

Answer:

a. Profit; $520

b. Firms will enter; Left

c. Zero profits or normal profits

Explanation:

A restaurant is operating in a monopolistic competitive market.

The restaurant is producing 260 meals per day.

This is the profit maximizing level of output where the marginal cost is equal to marginal revenue.

The average total cost at this point is $10.

The price level is $12.

The profit or loss to the restaurant will be equal to the difference between total revenue and total cost.

a. Profit

= Total Revenue - Total cost

= $12\times 260 - $10 \times 260

= $3,120 - $2,600

= $520

b. This supernormal profit will attract other firms to enter the market, as a result the market share of existing firms will decline. The demand curve of the restaurant will move to the left.

c. In the long run, the firms in a perfectly competitive market earn only zero economic profits as positive profits attract new firms and negative profits cause the firms to leave.

So the restaurant will have zero or normal profits in the long run.

4 0
1 year ago
Karsten runs a forklift at work. She also uses hand tools to perform her tasks. Sometimes Karsten has to talk to customers about
Gala2k [10]

Answer:

Facility and Mobile Equipment Maintenance and Warehousing and Distribution Center Operations.

Explanation:

Analyzing Karsten's roles in her current job, it is possible to identify that she could probably have careers in maintaining mobile facilities and equipment and storage and distribution center operations.

Karsten demonstrates that she is a responsible employee in her role by documenting important information that may affect her professional obligations, which gives her the ability to handle responsibilities for storage operations and distribution centers, tasks that require organization, as well as communication with customers about the products and services ordered, which is also essential for an organization’s distribution sector. From the information in the text it is also possible to identify aptitude for maintenance of mobile facilities and equipment, since she drives a forklift at work and sometimes uses hand tools to perform her tasks.

8 0
2 years ago
A consumer is currently purchasing three pairs of jeans and five T-shirts per year. The price of jeans is $50, and shirts cost $
KiRa [710]

Answer:

This consumer should continue to maintain the current rate of consumption of purchasing three pairs of jeans and five T-shirts per year in order to continue to maximize utility since utility per dollar of the two goods are both equal to 5.

Explanation:

Under utility maximization theory for two or more goods, utility of a consumer is maximized when the ratios of marginal utility to price of each good are equal to one another. That is, utility is maximized when the utility per dollar of all the goods are equal. Any attempt by the consumer to increase or reduce the quantity of one good will not maximize his utility.

Using the pairs of jeans and T-shirts given in the question as an example, utility of the consumer is maximized when we have the following:

MUj/Pj = MUs/Ps ………………………………………………. (1)

Where;

MUj = Marginal utilities of jeans = 250

Pj = Price of jeans = $50

MUj = Marginal utilities of shirts = 150

Pj = Price of shirt = $30

Substituting the values into equation (1), we have

250/50 = 150/30

5 = 5

Since MUj/Pj = MUs/Ps is 5 = 5, it implies that the consumer is currently maximizing his utility of purchasing three pairs of jeans and five T-shirts per year. Any attempt to increase or reduce the unit of one good will not maximize his utility.

Therefore, based on the model of consumer choice, this consumer should continue to maintain the current rate of consumption of purchasing three pairs of jeans and five T-shirts per year in order to continue to maximize utility since utility per dollar of the two goods are both equal to 5.

Note

The consumer can only change increase the quantity of a good if more utility per dollar than another until when it utility diminishes to a point where its utility per dollar equal to that of the other good.

8 0
1 year ago
You made an investment of $12,000 into an account that paid you an annual interest rate of 3.5 percent for the first 5 years and
Whitepunk [10]

Answer:

interest rate r = 6.78 %

Explanation:

given data

investment = $12,000

interest rate = 3.5 percent = 0.035

time = 5 year

interest rate =  7.9 percent = 0.079

time = next 15 year

to find out

What was your annual rate of return over the entire 20 years

solution

we get here interest rate as

interest rate r = [(1+r)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1     ...................1

here t1 is time period for first 5 year and t2 is time i.e next 15 year and r1 and r2 is rate

now put here value we get

interest rate r = [(1+)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1

interest rate r = [(1+0.035)^{5} * (1+0.079)^{15}]^{\frac{1}{5+15}} - 1

interest rate r = 1.0678 - 1

interest rate r = 0.0678

interest rate r = 6.78 %

4 0
1 year ago
A first-rate SWOT analysis is a way to measure whether a company's value chain is longer or shorter than the chains of key rival
Lesechka [4]

Answer:

The answer is "provides a good basis for crafting strategy".

Explanation:

The SWOT analysis creates the foundation for something like a plan that also builds mostly on advantages of the business, tries to acquire the maximum opportunities for the industry, which defends it against threats to its well-being.  

This strategic thinking uses to support an individual in identifying strengths, weaknesses, opportunities, and threats associated with both the competition of enterprises or programs.

6 0
2 years ago
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