Answer:
Negative
Explanation:
A negative risk is one that negatively affects a project such that it allows incompletion of the project or delay in completion.
According to the question, Negative risk include litigation, strikes, etc. These situations delay or deny a project completion thereby causing project death or project longevity beyond agreement.
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Answer:
The question is incomplete, the options are missing. The options are the following:
a) Breakeven analysis
b) The business case approach
c) NPV
d) ROI
And the correct answer is the option B: The business case approach.
Explanation:
To begin with, the concept known as "Business case approach" is a type of approach that mainly focuses in the supporting of certain topics for the company in order improve the processes of the organization and its work. Moreover, it gives support to the planning and investing process against outcomes that could harm the company. This type of concept is used mainly by the organizations in the transport sector so that they could use it as a guidance in order to seek for investment.
Answer:
Explanation:
he correct answer is b. Fixed costs.
Fixed costs are the costs that remain constant regardless of the level of production. These costs are incurred whether or not the crop is produced. Examples of fixed costs in agricultural operations include depreciation of machinery, insurance premiums, interest on loans, repairs and maintenance, and property taxes.
Unlike variable costs that vary with production levels (such as seed, fertilizer, and labor), fixed costs do not change in the short term. They are the expenses that a farmer or business owner must pay regardless of the output or sales volume. Fixed costs are an important consideration in budgeting and financial planning as they contribute to the overall cost structure of the operation.
Answer:
Price Quantity demanded Quantity demanded
business travelers vacationers
$150 2,100 1,000
$200 2,000 800
$250 1,900 600
$300 1,800 400
using the midpoint method:
Therefore, the demand for airline tickets in this price range is elastic for vacationers because business travelers are sensitive to changes in price? FALSE, the demand for airline tickets for vacationers is elastic because vacationers are very sensitive to the changes in price, while business travelers aren't.
The price elasticity of demand measures responsiveness to price changes. Vacationers have elastic demand for airline tickets, while the elasticity of demand for business travelers is not mentioned. Business travelers are sensitive to changes in price.
The price elasticity of demand measures how responsive the quantity demanded is to changes in price. If the price elasticity of demand is greater than 1, it indicates that the demand is elastic and consumers are sensitive to price changes. If the price elasticity of demand is less than 1, it indicates that the demand is inelastic and consumers are less sensitive to price changes.
In this case, since the demand for airline tickets is elastic for vacationers, a price increase from $250 to $300 would result in a larger percentage decrease in the quantity demanded. On the other hand, the demand for airline tickets is not mentioned for business travelers, so we cannot determine its elasticity. However, the statement suggests that business travelers are sensitive to changes in price.
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Answer:
D. By finding the price where quantity supplied matches quantity demanded
Explanation:
The equilibrium price refers to a price where there is no excess or shortage in demand and supply. Both sellers and buyers are happy to trade the current volumes at the stated price. In a graphical presentation, the equilibrium price is the point at which the demand and supply curves intersect.
The equilibrium price is the prevailing market price where demand matches supply.
Answer:
c. rise if the income effect is GREATER than the substitution effect.
Explanation:
The substitution effect refers to how changes in the price of a product or service affects our consumption of them, e.g. if the price of brand X increases too much, then we might decide to buy brand Y.
On the other hand, the income effect refers to how a change in our level changes our consumption habits, e.g. luxury goods tend to be extremely elastic, since earning more income results in much higher levels of consumption.
Since the price of the product is falling, the substitution effect is not likely to occur, instead, consumer utility might increase due to higher purchasing power, i.e. you can purchase more units spending the same amount of money.