Suppose That the Demand Curve for Brown Rice Is Given

question 116

Multiple Choice

Suppose that the demand curve for brown rice is given by P = 50,000 - 3Q², and supply is P = -10,000 + 3Q². The consumer surplus at the equilibrium price is ____.

• A) $1,000,000
• B) $200,000
• C) $100,000
• D) $2,000,000

Understand the characteristics and implications of different spans of control within organisations.

Identify and explain the mechanisms for integrating organisational subsystems and their effectiveness based on different organisational needs.

Describe different organisational structures (e.g., network, centralised vs decentralised) and their advantages and disadvantages.

Comprehend the principle that 'authority should equal responsibility' in delegation and its significance in organisational structure.