(Coming from a non-expert) Miller Company shouldn’t only rely on this product and should periodically develop products that compete with their best-selling product evaluating their effectiveness on doing so. This is one of the many approaches the trillion company (Apple) has used throughout the years (making an Apple Watch so you don’t have to use your iPhone as often, improving the size and battery of the iPhone so you won’t need to use your iPad, improving the processing power of iPads so you won’t have to carry your MacBook everywhere and so on).
If long run aggregate supply (LRAS) is vertical, the statements that must be true is: Aggregate demand does not affect the quantity of output.
<h3>What is aggregate supply?</h3>
Aggregate supply can be defined as the amount of goods or product a firm is expected to produce and sell or made available to buyers at a particular period of time.
Hence, assuming aggregate supply is vertical, aggregate demand which is the amount of goods buyers are willing to buy will not not affect the quantity of output or goods produced.
Learn more about Aggregate supply here:brainly.com/question/25749867
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Answer:
Direct cost= $63,000
Indirect cost= $123,900
Explanation:
Giving the following information:
Direct materials $ 5.40
Direct labor $ 3.60
Variable manufacturing overhead $1.70
Fixed manufacturing overhead $112,000
<u>The overhead component of production is an indirect cost.</u>
Direct cost= (5.4 + 3.6)*7,000= $63,000
Indirect cost= (1.7*7,000) + 112,000= $123,900
Answer:
The statement that would most likely be included in a procedure is:
D. "Antivirus protection will be installed on all workstations at St. Eligius Healthcare."
Explanation:
A procedure is the formal, official, or standard and established manner of carrying out business processes. It is quite different from a process, which details the steps that a procedure may follow. A goods example of a process is the B statement, "Step 5: After the installation of the antivirus tool is complete, click the Tools menu, then Actions, then Update Definitions Now."
Answer:
The answer is D, Execution System.
Explanation:
Supply chain Execution system is a system that ensures the delivery of materials or orders to the concerned departments. So in this example, when a company is having difficulty with timely delivery of parts to its manufacturing plants, the company should implement the Supply Chain Execution System in order to ensure the timely delivery of the material to the manufacturing plant of the company.
