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Debora
1 day ago
9

Gabriella strongly prefers a specific brand of gourmet coffee. Since there is only one store in her area that sells her brand, s

he makes an extra effort to purchase this item. Gabriella's purchasing behavior indicates for her this product is a specialty good.
A. True.
B. False
Business
1 answer:
arsen [3.2K]1 day ago
7 0

Answer:

A. True

Explanation:

To Gabriella, it qualifies as a specialty good since it's not widely available, hence she puts in that extra effort.

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A production manager is responsible for a production budget and can potentially earn an additional bonus for minimising producti
Nady [3254]

Answer:

On the pro side of not indicating the 10% would be that it could be perceived as merely a rumor until the price reduction is formally confirmed. The unethical viewpoint regarding withholding knowledge of an impending 10% drop is that the production manager has kept his boss in the dark about a potential cost-saving opportunity for the company.

5 0
1 month ago
One of the least desirable and routine tasks members of your team must do is taking minutes (notes) at team meetings. Proof that
marusya05 [3428]

Answer:

C. Implement a rotating task where each member takes turns with note-taking.

Explanation:

Regarding the scenario presented, bias could create an undesirable situation.

Therefore, establishing a system where each team member rotates note-taking duties is the most suitable solution. This method ensures that no individual is perpetually assigned a task that leads to dissatisfaction among the team. By assigning this responsibility on a rotating basis, it promotes fairness and reduces potential disparities and conflicts that might arise among team members.

6 0
1 month ago
Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars
arsen [3236]
Awareness is currently at 77%, or.77. Over time, awareness diminishes by 33% annually, so in the absence of extra promotional spending, next year’s awareness would be calculated as.77 *.66 (which is two-thirds of 77%). An expenditure of one million dollars would boost awareness by 26%, resulting in an awareness level of 0.77 * 1.26. To determine next year's awareness: 77% times (1.26 -.33) equals.77 * 0.93, giving us.716, or 71.6%.


8 0
1 month ago
Yellco Inc., a toy manufacturer, provided the following information: Domestic unit sales price $50 Unit manufacturing costs: Var
stepan [3267]

Response:

$540,000

Explanation:

Calculating the company's additional revenue from accepting the proposal

Utilizing this equation

Additional revenue = Number of units in export order * Price offered per unit

Now, let’s insert values into the equation

Additional revenue=9,000*$60

Additional revenue= $540,000

Hence, the company's additional revenue from accepting the offer totals $540,000

4 0
24 days ago
Consider two markets: the market for coffee and the market for hot cocoa·The initial equilibrium for both markets is the same, t
harina [3514]

Answer:

The elasticity of supply for hot cocoa calculated at 1.43.

(D) The coffee market's supply is less elastic compared to that of hot cocoa.

Explanation:

Applying the midpoint formula,

The elasticity of supply for hot cocoa is (change in quantity supplied/average quantity supplied) ÷ (change in price/average price).

The change in quantity supplied amounts to 101 - 31 = 70.

The average quantity supplied equals (101 + 31)/2 = 66.

70/66 yields 1.06.

The price change is 9.75 - 4.5 = 5.25.

The average price is (9.75 + 4.5)/2 = 7.125.

5.25 divided by 7.125 results in 0.74.

Thus, hot cocoa's elasticity of supply is 1.06 ÷ 0.74 = 1.43. The supply for hot cocoa is elastic since this value exceeds 1.

For coffee, the elasticity of supply computes to (73 - 31)/(73 + 31)/2 ÷ 0.74, which simplifies to 42/52 ÷ 0.74 = 0.81 ÷ 0.74 = 1.09. Coffee supply is regarded as elastic as well because its elasticity is above 1.

However, the supply of coffee is less elastic than that of hot cocoa since its elasticity value is lower than that for hot cocoa.

7 0
1 month ago
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