Answers

RJ

Answered

(Table: Cakes) Use Table: Cakes.Pat is opening a bakery to make and sell special birthday cakes.She is trying to decide how many mixers to purchase.Her estimated fixed and average variable costs if she purchases 1,2,or 3 mixers are shown in the table.Assume that average variable costs do not vary with the quantity of output.If Pat purchases 1 mixer and bakes 400 cakes per day,what is her average fixed cost?

A) $0.025
B) $2.50
C) $1,000
D) $400,000

On Jul 26, 2024


B
RJ

Answered

Which of the following may not be a factory overhead cost?

A) materials used directly in the manufacturing process of the product
B) insurance on factory equipment
C) salaries of production supervisors
D) property tax on factory building

On Jul 24, 2024


A
RJ

Answered

Pam and Deb were in a car accident.Deb went through a red light,hitting Pam from the side.Pam was driving 45 miles per hour in a 25-miles-per-hour zone.Pam sues Deb for damages based on negligence.If Pam loses the suit for speeding,which of the following is the most likely reason?

A) The lawsuit was filed in a contributory negligence state.
B) The lawsuit was filed in a comparative negligence state.
C) Pam is uninsured.
D) Pam's accident was seen as res ipsa loquitur.

On Jun 26, 2024


A
RJ

Answered

A manager using ___ thinking is flexible and spontaneous in problem fixing.

A) systemic
B) lateral
C) systematic
D) design
E) intuitive

On Jun 24, 2024


E
RJ

Answered

What is the effect of tapering rates on facility location?

A) It pushes the raw materials sources toward the location.
B) It pulls the facility toward the location.
C) It pulls the location toward the source or the market.
D) It makes the optimum location at the midpoint between raw material sources and the marketplace.

On May 26, 2024


C
RJ

Answered

How do marketers benefit from understanding where a product and an industry are in the product life cycle?

On May 25, 2024


Markets behave differently at different stages: competitors compete differently,sales are more profitable or less profitable,customers buy differently,and different customers buy.Different strategies and tactics work better than others at various stages in the product life cycle.Thus,understanding where a product and an industry are in the life cycle facilitates better prediction of competitor actions,of customer responses,and of sales trends and will inform considerations about what strategies are typically effective.Recognizing when the market is evolving from one "stage" to another-that is,anticipating "inflection" points-can create a significant advantage; missing such a shift can be a substantial disadvantage.