break-even point in number of units last year? 2. How many units of product would the company have had to sell in the last year to earn $140‚000? 3. If management holds the sales price constant and makes the suggested changes‚ how many units of product must be sold in the coming year to break even? 4. If the firm holds the sales price constant and makes the suggested changes‚ how many units of product will the company have to sell to make the same net income as last year? 5. If Jupiter wishes to maintain
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PROFIT MAXIMIZATION [See Chap 11] 1 Profit Maximization • A profit-maximizing firm chooses both its inputs and its outputs with the goal of achieving maximum economic profits 2 Model • Firm has inputs (z1‚z2). Prices (r1‚r2). – Price taker on input market. • Firm has output q=f(z1‚z2). Price p. – Price taker in output market. • Firm’s problem: – Choose output q and inputs (z1‚z2) to maximise profits. Where: π = pq - r1z1 – r2z2 3 1 One-Step Solution • Choose (z1
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l t ’ } _ P M2t0 1 2 I J SULIT 55tI t. T h e c e l l i n d i a g r a m I is probably a Sel clulum tliu.qrunt I berkem ungkinun Diagram I Rajah I A. Plantcell Sel tumbuhan Animalcell Sellmiv‚cut Bacteria cell Sel bctkteriu Onion cell Sel bau‚ang B. C. D. 2. The apparatus shown in Diagram2 is commonfound in laboratory. Radas)‚ang dinnjukkan dalant Rajah 2 biasa ditentui di makmal. A. B. C. D. Beaker Bikar Testtube Tuburtg i uj Conicalflask Kelulungkort
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1. What is the cause of B&D 9% share and Makita ’s 50% share? 2. Describe buyer behavior of tradesmen. 3. Analyze the competitive situation. 4. Choose the action from the action plan on page 10 1. Although Black & Decker is famous for providing power tools to consumers‚ they are not as successful to all segments. They have successfully captured the Consumer and Professional-Industrial segment with high market share‚ yet failed to do the same for the Professional-Tradesmen segment
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Altamirano 1 Victor J. Altamirano Professor Powers Business and its Publics 25 February 2012 Subsidizing Profits In contemporary United States policy‚ the conception of free market principles result in negative externalities for the public as well as market inefficiencies. To address these issues‚ the government has developed methods to sway commercial enterprise and its services through taxes and subsidies. Taxes are used to discourage certain transactions and production operations
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business firm aims at maximization it sales revenue (price x quantity0 rather than its profit. Hence his hypothesis has come to be known as sales maximization theory & revenue maximization theory. According to baumol‚ sales have become an end by themselves and accordingly sales maximization has become the ultimate objective of the firm. Hence‚ the management of a firm directs its energies in promoting and maximizing its sales revenue instead of profit. The goal of sales maximization is explained
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increasing the shareholder value has aroused wide concern among various circles. In view of this issue‚ creating shareholder value maybe is a main point to allow the company to achieve success in their marketplace. According to Alfred Rappaport ‚ there are 10 ways that can create shareholder value. The first one is ‘Do not manage earnings or provide earnings guidance’ .A lot of companies are keen on reducing the spend of their expenditure because they want to achieve the net profit . Companies
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concernd with sales and customer satisfaction only. Though it is true to certain extent‚ yet marketing is not simply concerned with sales and profit maximization. In fact depending upon the type or stage of demand the marketing task would differ. The study is based on sales and distribution techniques with a special ref. of L.G. electronic product. To know the influences of the techniques of sales and distribution it is important to prepare a study which provides the result of the better sales and distribution
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Profit Maximization model helps to predict the price-output behavior of a firm under changing market conditions like tax rates‚ wages and salaries‚ bonus‚ the degree of availability of resources‚ technology‚ fashions‚ tastes and preferences of consumers etc. It is a very simple and unambiguous model. It is the single most ideal model that can explain the normal behavior of a firm. It is often argued that no other alternative hypothesis can explain and predict the behavior of business firms better
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another” and ___________________ as “the way in which a society is organized into predictable relationships.” a. Social interaction; social structure b. Social interaction; social change c. Organization; bureaucracy d. Politics; economics 2. Which of the following is not an element of social structure? a. Language b. Statuses and roles c. Social networks d. Groups 3. According to the functionalist perspective‚ __________________ fulfill the following functions that a society must accomplish to survive:
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