<span>keep it small, especially in the beginning
Small businesses die when you expand too quickly in the beginning</span>
Answer:
The answer is: the equilibrium quantity is larger than the socially optimal quantity.
Explanation:
In order for the equilibrium quantity and the socially optimal quantity to be equal, the government subsidy should have been equal to the positive externality created by the flu shots ($8). Since the government subsidy is larger, $11, then the equilibrium quantity will be higher (more flu shots supplied because of high subsidy).
Answer:
the equivalent units of production is 250 units
Explanation:
The computation of the equivalent units of production is units under FIFO method is shown below:
= Opening inventory balance in units + additional units - ending inventory balance units
= 25 units + 275 units - 50 units
= 250 units
hence, the equivalent units of production is 250 units
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The issues that arises between the Faraj and Siegel can be discussed by three different groups in resolving the contract agreement.
Note: Kindly find an attached copy of the complete question below.
Explanation:
Solution
In this case between Faraj and Siege'ls building contractors the following issue are discussed by three groups as follows:
(1) The contractor can increase the price of finishing construction based on inflation and the cost of raising materials during inflation prices for the materials increases or goes up and this will affect the customer gradually.
(2) Faraj will not pay the additional amount requested by Siegel because according to the contract the amount she has to pay is $153,000
(3) Issues or problems that might come up during construction is listed below:
- Poor communication
- Not feasible or impractical forecasting
- The unavailability of structure