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Ivahew [28]
2 years ago
7

I want to buy a new car. My choices are a red convertible sports car or a full-size pick-up

Business
1 answer:
Galina-37 [17]2 years ago
5 0
pickup and 20,000 i think
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If an industry consisting of two firms produces a total of 12 units, the market price is $10. If 13 units are produced, the pric
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Answer: $3; $6

<span>The two firms formed a cartel which means they agree to produce same with the purpose of maintaining prices at a high level and restricting competition.</span> In the case of two firms who agree on producing 6 units but one cheat, this will be the effect:

<span><span>At 6 units each, and a market price of $10, each firm will have a gross sale of $60. If one cheats and produced 7, the market price will fall to $9, resulting to $63 (7*9)  and a gain of $3. The noncheating firm will acquire a sale of $54 (6*9) only or a loss of $6. The answer is  </span><span>$3; $6.</span></span>
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3 years ago
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3 years ago
Which are the most likely uses of capital invested in a business?
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Answer:

B. hiring workers  

D. producing goods  

E. distributing goods  

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Explanation:

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3 years ago
When transportation costs are added to production costs, it becomes unprofitable to ship some products over a large distance. Th
s344n2d4d5 [400]

Answer:

The correct answer is have a low value-to-weight ratio.

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Products that have low weight-value ratios (for example, coal, iron ore, bauxite and sand) also have low storage costs but high movement costs as a percentage of their sales price. Inventory management costs are calculated as a ration of the value of the product. Low product value means low storage cost, since inventory management costs are the dominant factor in storage cost. When the value of the product is low, transport costs represent a high proportion of the sale price.

Consequently, companies that deal with products of low value for weight frequently try to negotiate more favorable transport rates; rates are generally lower for raw materials than for finished products of the same weight.

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Apply concepts what would be the variables on a supply schedule alike and different
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