One of the following is NOT considered as part of the service package A) Supporting facility B) Facilitating goods CO Manufacturing D) Information E) Explicit and Implicit services
Q: Differentiate between Strategic Plan and Operational Plan.
A: In a business organization, planning is done for various purposes such as performing day to day…
Q: All of the following are examples of noneconomic factors except: (a) Availability of resources (b)…
A: The factors that affect the production and consumption decisions in an economy are called as…
Q: What are the main theoretical and practical difficulties in establishing accurate values in…
A: Cost/Benefit Analysis A cost-benefit analysis is a well-organized measurement of the costs and…
Q: Which of the following statements is false? a) A high-efficiency organisation would want to have…
A: In an organization, production process is one of the important department as it generates output to…
Q: The government wants to enact tax legislation aimed at reducing increasing discharge levels of…
A: As per given information:- Total cost of tax = $ 5*100 million…
Q: 1. Suppose that the economy can be described by a closed-economy IS-LM framework and that is in a…
A: PLEASE FIND THE ANSWER BELOW.
Q: The Westchester Chamber of Commerce periodically sponsors public service seminars and programs.…
A: Introduction Data has given on different type of media like television, radio and online. a)…
Q: An externality is the indirect cost, the overhead, of producing a product. is the cost of producing…
A: The production of goods and services sometimes incurs some costs and benefits on society. Such costs…
Q: The difference between a cap and trade system for air emissions permits and an individual…
A: The permits in emission markets are sold through the auction system. Whereas, the harvesters who…
Q: Sales projections -10 million Allocated to advertisement-2% This approach is... Affordable budgeting…
A: Advertising budget is the portion of a total marketing budget that a company allocates for…
Q: of the cost Between 2008 and 2019, state support of public education in Texas of public education.…
A: The Foundation School Program (FSP) and the wealth equalization sections of the Texas Education Code…
Q: Which of the following best describes what an input problem measures? resources/time money taxes…
A: The basic notion of the input problem is where to employ the inputs more efficiently. How the input…
Q: Which is NOT true of the various methods of allocating service department costs? a. The direct…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: In a modified B/C ratio:a. disbenefits and M&O costs are subtracted from benefitsb. disbenefits…
A: A benefit/cost ratio tells us the relationship between the relative costs(C) and benefits(B) of a…
Q: Given the following problem statement: “Student performance on standardized grade-level proficiency…
A: Given problem statement is “Student performance on standardized grade-level proficiency exams…
Q: what are the major time, scope, and cost constraint for any social and humanitarian project in…
A: The time and the scope of any Afghanistan constraint are the challenges in the form of the major…
Q: Public-private partnership ("PPPs") can be an effective way to build and implement new…
A: Public private partnership (PPP): Public private partnership is work through the mutual contribution…
Q: Economists charged with the responsibility for performing a benefit–cost analysis encounter many…
A: Since the question you have posted consists of multiple parts, we will answer the first three parts…
Q: The statements contained in a code of ethics are variously known as all of the following, except:…
A: The ethics and laws are two concepts. The ethics are the moral philosophy leading human conduct. On…
Q: e city of Springfield lies at the east end of a railroad. To the west, there are one hundred miles…
A: Answer a) Total cost to Travel in West is20 + (100 * 0.4) = 60 Total cost to Cover distance in East…
Q: Which of the following statements defines the discipline of engineering economics most closely?(a)…
A: The study of engineering economics relates to the central idea that money has time value and a…
Q: In calculating a Benefit-Cost (B-C) ratio, the analyst needs to classify certain cash flows as…
A: Benefit-Cost Ratio(BCR) is used in the capital budgeting to analyze the profitability of a project.…
Q: Economists charged with the responsibility for performing a benefit–cost analysis encounter many…
A: Tangible benefits are those which are obvious and general in nature, usually countable or measurable…
Q: The government is concerned with air pollution and decided to apply a uniform standard in the…
A: The difference in social cost between a deferential standard and a uniform standard set at Er is the…
Q: Which of the following statements is FALSE? In a crowdfunding campaign, an important objective is to…
A: The statement which is false is : A key characteristic of best crowding campaigns is that the…
Q: Which of the following statements defines the discipline of engineering economics most closely?(a)…
A: The engineering economics are used in all major investment decision making in the engineering…
Q: An operational definition is: a. One that bears no relation to the underlying concept. b. An…
A: Research refers to the formulation of new knowledge and the use of existing knowledge in a new way…
Q: Problem 2: Mark Ewing has decided to enter contract with uber service provider in his area. The…
A: Part 1) Correction in Option 1 (Cost Mileage Allowance = 36,000 km) ( different in table and in…
Q: All of the following would be considered in evaluating product or sales mix allocations, except
A: When several products are sold by a company, the management will be interested in finding out…
Q: All of the following are examples of noneconomic factors except: (a) Availability of resources (b)…
A: Economic Factors: The term economic factors are often used in context with economic growth. The…
Q: Redstone Clayworks, Inc. is located in Sedona, Arizona and manufactures clay fire pits for patios.…
A: The point of intersection between the market demand and market supply is the equilibrium price where…
Q: Justify a positive discount rate in the n-period dynamic efficiency model.
A: Dynamic efficiency model is a static efficiency model scenario in which not only the magnitude but…
Q: How is the benefit-cost analysis an important feature of the economic analysis method?
A: Economic analysis refers to a systematic approach in which optimal scarce resources are determined…
Q: A warehouse dispatch team, offering 'good customer service', is an example of which performance…
A: The company's four types of performance standards include; quality, input, efficiency, and outcome.
Q: From the following data for a PPP project, calculate the (a) conventional, and (b) modified benefit/…
A: Table 1 shows the cash flow.
Q: If an industry's customers exhibit homogenous price-quality preferences, then an industry company…
A: Homogeneous preference refers to individuals having similar kind of preferences in terms of quantity…
Q: You have developed a self-study certification system for those who need credit hours for…
A: Total revenue in economics is understood as the sum of total receipts which a seller obtains after…
Q: Casinos in the US wanted to purchase decks of cards made in Mexico. It costs less than half the…
A: When analyzing the trade between two or more countries, the term 'cross-border' has a significant…
Q: A police department wants to allocate the indirect cost of speed monitoring to the three toll roads…
A: The police department wants to allocate the cost to the three different toll roads because it wants…
Q: In a conventional B/C ratio: (a) Disbenefits and M&O costs are subtracted from benefits (b)…
A: Conventional B/C ratio can be calculated by using the following formula:
Q: Define and explain the mission of NEDLAC
A: NEDLAC (NATIONAL ECONOMIC DEVELOPMENT AND LABOUR COUNCIL) It is the vehicle through which the…
Q: Distinguish between past and present designs in the light of economic efficiency
A: People have been designing things for a long time. Examples of great designs from antiquity are…
Q: Republic Act No. 8525, The Adopt-A-School Act of 1998 and Related DepEd Issuances for Corporate…
A: By generating more funds to the school it will help to make the infrastructure of the school even…
Q: Two cinemas operating in a town in Labrador have been charging the same price. Then the managers…
A: The Cinema industry comes in the category of an "Oligopoly Market" in which there are few sellers in…
Q: Categorize each of the following funding schemes asexamples of the benefits principle or the…
A: Taxes on the compulsory imposed by the government on the citizens. The tax is said to be on the…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- All of the following are examples of unethical behavior, except: (a) Deception (b) Withholding information (c) Lying (d) Offering engineering services at a lower cost than a competitorPrice elasticity of demand is determined by the following factors except which one? A. Number and closeness of alternative modes of transport. B. Proportion and timing of disposable income C. Willingness and ability of suppliers to provide transport D. Time dimensionChoose the reasons a company, policymaker, consumer, or nongovernmental organization might conduct a life cycle assessment: a.) Supply information for public policyb.) Assist in guiding development of new products c.) Calculate financial savings from switching supplier d.) Compare inputs and outputs associated with alternative productse.) All of the above.
- Suppose that under the United States-Canada Air Quality Agreement, both countries agree to a combined 30 percent SO2 abatement standard. Further assume that the following SO2 abatement cost functions have been estimated by each country: TACUS = 500 + 1.5(AUS)2 MACUS = 3 AUS TACCAN = 1000 + 3(ACAN)2 MACCAN = 6 ACAN A. If the countries implement a uniform abatement standard, find the resulting values of TAC and MAC for each nation. Based on these values, is there an economic incentive the two nations to participate in an emissions trading program? Explain. B. Assuming a trading program is enacted, find the cost savings associated with a cost-effective abatement solution? C. What must be the price of a tradeable permit to achieve the cost-effective abatement allocation?A potential customer has described the following scenario to you:We need to keep track of the data that our manufacturing firm needs to run smoothly.We make a number of products, each of which is manufactured by a different de-partment. Products are made up of a number of parts. Parts are bought fromsuppliers.You have been asked to perform a preliminary analysis of the scenario:a) Identify four sets of values from the scenario. b) Identify three relations from the scenario. c) Draw an entity-relationship diagram to visualise the sets and relations you have identi-fied. d) Use the relations you identified in part b) to define the following:i) A relation that records the parts that a department needs. ii) A relation that records the suppliers that a department deals withList the chief advantages and shortcomings of using breakeven analysis in pricing decisions. Breakeven analysis is a means of determining the number of goods or services that must be sold at a given price to generate revenue sufficient for covering total costs. It is easily understood by managers and may help them decide whether required sales levels for a certain price are realistic goals. Its shortcomings are as follows. First, the model assumes cost can be divided into fixed and variable categories and ignores the problems of arbitrarily making some allocations. Second, it assumes that per-unit variable costs do not change at different levels of operation, ignoring the possibility of quantity discounts, more efficient use of the workforce, and other possible economies. Third, the basic breakeven model does not consider demand. It is a cost-based model and fails to directly address the crucial question of whether consumers will actually purchase the product at the specified price and…
- Please give the correct solution and explanation Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.Which of the following would an entrepreneur typically not need to start a new company: Select one: a. Product or service likely to be profitable and sustainable b. Previous business experience c. Source of start-up money d. A board of directors Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Imagine a firm with a marginal abatement cost (MAC) function equal to: MAC = 100 - 10E. The government introduces a per-unit tax on emissions equal to $20. For a profit-maximizing firm, total compliance costs (total abatement costs plus tax payment) are $____.
- Please give me full explanation Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.Please give me full explanation Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.The main disadvantage of an emissions tax is that .... differences among firms are not incorporated into the policy firms lack the flexibility to pursue different technologies firms cannot behave in an economically-efficient manner. firms do not have the incentive to reduce pollution. the total pollution reduction from an emissions tax cannot be known for sure.