Yelk garage uses time and materials pricing. it is setting prices for next year using the following information: labor rate, including fringe benefits $ 63 per hour annual labor hours 3,100 hours annual materials purchases $ 836,000 materials purchasing, handling, and storage $ 41,800 overhead for depreciation, taxes, insurance, etc. $ 77,500 target profit margin for both labor and materials 25 % what should yelk set as the materials markup per dollar of materials used

Which economic system could be characterized by the "iron fist", meaning a central authority figure has control over most of the economy? market economy command economy traditional economy free enterprise economy

Problems and applications q3 suppose the demand for french bread falls. illustrate the effect this has on the market for french bread. demand supply price of french bread quantity of french bread d 1 d 2 supply producer surplus in the market for french breadincreases . illustrate the effect the quantity change in french bread has on the market for flour. demand supply price of flour quantity of flour d 1 d 2 s 1 s 2 producer surplus in the market for flour .

Which of the following is not a characteristic of enterprise applications that cause challenges in implementation? a. they introduce "switching costs," making the firm dependent on the vendor. b. they cause integration difficulties as every vendor uses different data and processes. c. they are complex and time consuming to implement. d. they support "best practices" for each business process and function. e. they require sweeping changes to business processes to work with the software.