Answer:
Correct option is (B)
Explanation:
SWOT is the abbreviation for strength, weakness, opportunity and threats that helps in formulating business strategies. Strengths are positive factors such as competency of employees and business assets.
Weaknesses are factors that are negative which can be controlled or improved by the organization. Some examples of weakness are gaps in communication between teams and improvements required in certain processes.
Opportunities refer to factors outside the organization that contributes to the success of an enterprise and threats are pose a problem to the enterprise which are beyond control
Weakness does not result when firm has potential advantage over other firms.
Answer:
there is a direct relationship between price and the quantity supplied
Explanation:
According to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
There is a direct relationship between price and quantity supplied. This is why the supply curve is upward sloping.
I hope my answer helps you
Answer:
100%
Explanation:
Mark-up is the difference between selling price and cost price
Selling price =$99.00
Cost price = $49.50
Mark up = $99- 49.50
=$49.50
As a percentage
= $49.50/$49.50 x 100
= 1 x 100
= 100%
Answer:
Producer surplus is
- D. the difference between the lowest price a firm would be willing to accept and the price it actually receives.
How does producer surplus change as the equilibrium price of a good rises or falls?
- As the price of a good rises, producer surplus <u>increases</u>, and as the price of a good falls, producer surplus <u>decreases</u>.
Explanation:
Producer surplus refers to the difference between what a supplier or producer is willing and able to accept for their goods or services, and the actual price of those goods and services. If the supplier is willing to accept $2 per unit, but is able to sell them at $3 per unit, the supplier or producer surplus = $3 - $2 = $1
Answer:
24 years
Explanation:
Since Manny's savings account is yielding a 3% compound interest, he can use the rule of 72 to determine how much time it will take for his money to double:
years to double = 72 / interest rate = 72 / 3 = 24 years
The rule of 72 applies to any investment that yields compound interest.