Regulating electric utility prices on the basis of a fair rate of return on investment has resulted in Higher prices. Higher production costs. Lower production. An increase in profits in that industry. All of these statements are true
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Regulating electric utility prices on the basis of a fair rate of
Higher prices.
Higher production costs.
Lower production.
An increase in profits in that industry.
All of these statements are true
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- Amazon company Describe anything that differentiates a product of your company, anything that generates barriers to entry and exit in your company, and any government policies that promote efficiency in your industry.Recent industry growth reports highlight that its industry is growing at roughly three times the rate of the rest of the private sector. Multiple Choice Automotive Communication Technology RestaurantThe difference between TC and TVC falls with increase in output True / False
- Overly ambitious business goals and employee incentives can lead to unethical behavior. True or False True FalseWhich aspect of a digital platform, such as TikTok, would lead to the expectation of lost profits if revenue dropped? Multiple choice question. Unknown marginal costs for adding or subtracting users High marginal costs for adding or subtracting users Low marginal costs for adding or subtracting users Unpredictable marginal costs for adding or subtracting usersManchester United TV Subscription (annual) Value to a non-Manchester United soccer fan Basic Package $30 $40 Deluxe Package Value to Manchester United fans $120 $200 The table above shows how much the a non-Manchester United fan and a Manchester United fan would pay for an annual subscription to Manchester United TV. The marketing team at Manchester United decides to offer two packages: a basic package that includes all games of the main, youth and women's teams (delayed by one day) and a deluxe package that includes the games (delayed by one day), recording of games from past seasons, and exclusive player interviews. Because there are many more non-Manchester United fans, the marketing team decides to offer the basic package for $30 to attract these fans. What is the maximum price they can charge for the deluxe package if they want Manchester United fans to subscribe to the deluxe package rather than also subscribing to the basic package.
- Assume you are an engineer working for a chemical production company. You are on the technical team that is responsible for deciding what to do about the dangerous chemical that your company is using to produce its best-selling chemical product. Recent reports have just made known the dangers of this chemical, and the company now needs to decide how to proceed. There are several options to consider: stop producing the harmful product altogether and take a hit on total profits; continue to make the product and sell it, like nothing's wrong, since the federal government has not cracked down. You could also spend money and engineering efforts in R&D to develop a safe chemical that would take its place. There is no guarantee that this would happen any time soon, but the scientists think it is realistically possible. To make matters worse, your biggest competitor produces this harmful product off-shore and is not hampered by the US regulations. If you stop producing this product…a) If production is increasing at 3 kayaks per day when production is 40 kayaks per day, find the rate of increase in revenue. Show all steps. b) Suppose each kayak costs $124 to make and the company needs a minimum of $840 per day to remain operable and avoid bankruptcy. Find a price at which you believe consumers would readily buy the kayaks and the minimum number of kayaks you would need to sell at this price to keep the company afloat. (Note: There are many combinations/options.) c) Explain how you found your price and minimum number of kayaks from part b above. (Use a minimum of 3 sentences.) d) Suppose after a few weeks the company is in the red. The company is not selling enough kayaks to stay operable and must file for bankruptcy unless something changes quickly. Write a script that you would use to pitch to the CEO and CFO explaining a change (or changes) that can be quickly implemented to generate the revenue the company needs to refrain from going under. (Use a minimum of 6…A company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p=70 -0.2D (D is the demand or quantity sold per month and p is the price in dollars). The fixed cost is $700 per month and the variable cost is $40 per unit produced. a. What is the maximum profit per month for this product? b. What is the range of profitable demand during a month? a. The maximum profit per month for this product is $ (Round to the nearest dollar.)
- The following are ethical concerns that management faces: Possible misuse of data gathered by a company's information system about the company's customers Possible misuse of a company's information system unauthorized outside use of a company's information technology resources Possible fraud perpetrated against the company's customers by criminals imitating the company All choices are correctHand written solutions are prohibitedZonakha Limited specialises in the production of a range of healthy products. It is about to launch a new product, the ‘Healthy Energy Bar’, a unique green bar which is capable of providing unprecedented levels of energy from the seaweed used. The company’s development costs have been high and it is expected that the product will only have a five-year life cycle.Zonakha Limited is now trying to ascertain the best pricing policy that they should adopt for the Energy Bar’s launch onto the market. Demand is very responsive to price changes and research has established that, for every R5,60 increase in price, demand would be expected to fall by 70,000 units. If the company set the price at R72,60, only 280,000 units per week would be demanded.The costs of producing each energy bar is R13,00:Required:(a) Determine the optimum price and quantity at which the company profits would bemaximized.(b) Describe the limitations of using the model in (a) above.Formulae:Demand curve P = a – bQ a =…