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Q: What is the solution to the case study American Chemical Corporation?
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Equilibrium national income?

Equilibrium level of income is solved by following a system of equations. For a detailed understanding, study the Law of Mass Action of chemical reactions.


What one means by business economics?

bisiness economics is the study of business related problems using economic techniqes like the study of market knowing the degree of competion prevailing in the market with the help of market structure techniques, the other example can be of the study of deamnd and supply forces. mostly micro econmics is regarded as business economics. it provides solution to basic problems of how to use scarce resource for unlimted wants.


Advantages and disadvantages of feasibility study?

Some strength I wrote for given case study in my assignment There are various strengths to carrying out a feasibility study, which essentially evaluates the viability of a strategy or plan to achieve improved outcomes. Feasibility studies are frequently used by businesses to increase earnings and prevent potential future losses. Feasibility studies have the following strengths: i Can improve earnings and save money Feasibility studies may be performed to examine consumer demand for a good or service and provide people with the information they need to decide if a venture will be profitable. E-Solution private limited may be able to reduce production costs if there is insufficient demand for a good or service. Only a feasibility study will be able to determine the level of demand from potential clients. If a product is in demand, E-Solution Private Limited might boost earnings by producing the item in accordance with the majority of client requirements. ii The efficient utilization of resources E-Solution Private Limited can make efficient use of resources thanks to feasibility studies, which ultimately saves the organization money and time. CEOs or project managers can utilize their own resources instead of spending money on things they might not require, as revealed by a feasibility study. iii Marketing is made simple. A feasibility study can help the project team understand the market and present demand for E-Solution Private Limited's goods and services. As a result, the project team will be able to promote E-Solution Private Limited's goods or services more effectively and target niche markets that will be more strength to the company. iv Deadlines By using feasibility studies, the project team is able to set deadlines for each stage of the project and offer E-Solution Private Limited a goal to strive for. This helps the project team stay on task and offers them a better understanding of how to advance the project's goals. v Making wise decisions One of the key strength of feasibility studies is that they help the project team make educated decisions about their plans, which are frequently the best ones for pushing the E-Solution Private Limited project forward.


What innovations help increase the standard of living in America?

These machines increased the amount of food produced on American farms, which lowered its cost. have fun study island ppl


Why do you need study microeconomics?

You don't 'have' to study anything. You study to grow and learn.