000) + b 1.00 = -2 + b +2 +2 3 = b y = (-1/20‚000)x + 3 p = (-1/20‚000)q +3 This is the demand equation Revenue = q((-1/20‚000)q + 3) Revenue(q) = (-1/20‚000)q^2 + 3q This is the revenue function What is the increase in revenue as sales change from 20‚000 to 20‚001 hamburgers? Revenue (q) = (-1/20‚000)q^2 + 3q Revenue (20‚000) = (-1/20‚000)(20‚000)^2 + 3(20‚000) Revenue = $40‚000 Revenue (q) = (-1/20‚000)q^2 + 3q Revenue (20‚001) = (-1/20‚001)(20‚001)^2 + 3(20‚001) Revenue
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BUSINESS ADMINISTRATION Level 2 Unit two: Principles of providing administrative services Section 1 – Understand how to make and receive telephone calls 1. Complete the table below with descriptions of at least two different features of a telephone system and how / when they would be used. Feature How / when used 1. Computer telephone integration This option links two systems together‚ the computer and the telephone systems. When someone calls up‚ the telephone rings and a dialog
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P7 Illustrate the financial state of a given business using ratios I have been asked to illustrate the financial state of a given business using ratios‚ to do this I will use accounting ratios to show the financial state of Porcella. One of the ways a business can measure how it is doing is through ratio analysis. Ratios can help Porcella to see how it is doing now and how it compares to last year or the year before and against competitors. For these ratios to be useful‚ they should be compared
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Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. The first thing you need to do is save a copy of this document‚ either onto your computer or a disk Then work through your Assessment‚ remembering to save your work regularly When you’ve finished‚ print out a copy to keep for reference Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area –
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least two different features of a telephone system and how / when they would be used. Feature | How / when used | 1. Answer phone | This is used to leave a message if nobody is there to answer the phone. | 2. Transfer | This lets you pass the call on to another line. | 2. Prepare a brief report advising people on: * How to follow organisational procedures when making and receiving telephone calls * The purpose of giving a positive image of yourself and your organisation when
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Applied Business Economics | | | 1. Why is the price of a cup of Starbucks coffee rising? The price of a cup of Starbucks coffee was rising when the article was written (in 2006) as North America was going through an economic incline; this gave people more money to spend. When people have more money to spend the demand for normal goods (such as Starbucks Coffee) increases. When demand increases the price also increases. The demand increase (and subsequent price increase) can also be
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to communicate and listen to each other on the same line. It’s like being in the same room with a load of colleagues‚ but instead you are in your own office‚ but still able to speak and listen to a number of people all on one call at once. | 2. Divert a call | Normally it is quite an easy process to divert a call. You can either send the call back to the switchboard and they can transfer the call accordingly or you can press a selection of numbers on your telephone and re-direct the
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International Business & Economics Research Journal Volume 3‚ Number 6 The Determinants Of European Bank Profitability Christos K. Staikouras‚ (E-mail: cstaik@aueb.gr)‚ Athens University of Economics and Business‚ Greece Geoffrey E. Wood‚ (E-mail: geowood@aol.com)‚ City University Business School‚ United Kingdom Abstract The rate of return earned by a financial institution is affected by numerous factors. These factors include elements internal to each financial institution and several
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Assignment Business and Managerial Economics Teacher: Ellie Semsar Student Name: Robiul Islam Student ID: B0261DADA0410 Personal computers are very imperative in the current world of nowadays. Today‚ PCs hold fabulous consequence. Several numbers of us will be thrilled without a computer‚ as it becomes a part and parcel of our daily life. Computer becomes a significant tool for keeping archives. For computer data analysis become tremendously easy and we can do it now
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P2.6 Price and Total Revenue. The Portland Sea Dogs‚ the AA affiliate of the Boston Red Sox major league baseball team‚ have enjoyed a surge in popularity. During a recent home stand‚ suppose the club offered $5 off the $12 regular price of reserved seats‚ and sales spurted from 3‚200 to 5‚200 tickets per game. A. Derive the function that describes the price/output relation with price expressed as a function of quantity (tickets sold). Also express tickets sold as a function of price
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