Answer:
The correct answer to the following question is Initiating phase of the product life cycle.
Explanation:
When a company undertakes a project there is always risk on the success of project objectives, that's why it is important that a company implements risk management process as early as they can in the projects life cycle, starting with the initiating phase of the life cycle. So that the risk can be identified in early stage and then it cab be assessed properly and right responses can be developed before moving on to next stage of projects life cycle.
<span>Setting a rent control price ceiling will cause the same impact as any other price ceiling that is below the market equilibrium price: it will create a shortage in the market. At the price equilibrium of $600, the number of renters would exactly meet the number of available 2 bedroom apartments. However, with this fixed price ceiling, the position along the demand curve will shift to one of higher demand, with no analogous change in the supply curve. Thus there will be more renters than can be supported, and renters will have to look for alternatives and substitutes.</span>
Answer:
C. $65,800
Explanation:
Fixed csot: those which do not change for a relevant range with the production output. They aer constant.
Factory insurance 21,000
Factory insurance 13,000
Factory manager's salary 10,800
Janitor's salary 5,000
Property taxes: <u> 16,000 </u>
Total Fixed Cost: 65,800
The direct materials and direct labor are variable cost as they drop to zero if no unit is produced.
Same goes with packaging cost, if no unit is produced then, no packagin is needed.
Effective gross income = Total Potential income-Expenses- management fees
Total potential income = gross rental income + vending receipts- gross rental income vacancy
gross rental = $145000
vending receipts = $5000
rental vacancy = $7250
total potential income = $142,750
Expenses = taxes+insurance +maintenance + utilities + repairs +legal fees
Expenses = $40,000
management fee = (total potential income- expenses) x.04
management fee = $4110
gross effective income = $142750-$40000-$4110
= $98640
Answer:
The demand for pork would decrease and the equilibrium price of pork would decrease.
Explanation:
Substitute goods are goods that can be consumed in place of each other.
If the price of chicken falls, consumers would increase the quantity demanded of chicken and reduce their demand for pork. The fall in the demand for pork would lead to a leftward shift in the demand curve for pork. A leftward shift in the demand curve while the supply curve remains unchanged would lead to a fall in equilibrium price of pork.
I hope my answer helps you
