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irina [24]
2 years ago
5

Refer to Landfall Service. Because the company is known for its ability to produce lawn furniture more efficiently than any othe

r company in the world, the company must have a(n) ____ advantage.
Business
1 answer:
e-lub [12.9K]2 years ago
3 0

The company must have absolute advantage.

Having been in business for a while, Landfall Service is a provider of outdoor furniture. Greater than any other company in the country, it is renowned for its capacity to make furniture quickly. The truth is that no rival businesses exist in any other country. Many of the items offered by Landfall Service have been exported. Actually, sales outside of the United States account for 80% of company income. In order to support domestic businesses, the Italian government has slapped a tax on imported furniture. On the other hand, because the government wanted a piece of the action, the Brazilian government levied taxes on Landfall Service items.

Learn more about Absolute Advantage Here

brainly.com/question/9067127

#SPJ10

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Bacon Company makes four products in a single facility. These products have the following unit product costs: Products A B C D D
vredina [299]

Answer:

minutes of grinding= 60,468 minutes

Explanation:

Giving the following information:

Grinding minutes per unit:  

Product A= 3.80

Product B= 5.30

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Product D= 3.40

Monthly demand in units:    

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Product B= 4,260

Product C= 3,260

Product D= 2,260

A total of 54,900 minutes is available per month on these machines.

minutes of grinding= Total product A + Total product B + Total product C + Total product D

minutes of grinding=4260*3.80 + 4260*5.3 + 3260*4.3 + 2260*3.4= 60,468 minutes

8 0
3 years ago
If the marginal cost of production is greater than the average cost, in what direction must the average cost be changing, if any
ziro4ka [17]

Answer:

b) The average cost must be rising.

Explanation:

Assuming that the entity produce 4 units and its total cost is $16 so average cost per unit is $4 and  now the same entity has produced the 5th unit at $5 so the average cost now per unit is (16+5)/5=$4.2

So based on the above discussion, it can be concluded that average cost increase when the marginal cost of production is increased.

So the answer is b) The average cost must be rising.

6 0
3 years ago
Markup represents an amount needed to cover operating expenses. <br> a. True<br> b. False
Illusion [34]
Operating expenses are taken from the normal business operation such as administrative or selling expense. It is part of the operating cost. Markup is defined as the amount added to the cost of goods to fix a selling price. So, to answer the question above: True.
8 0
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noname [10]
The answer would be True if it’s a true or false question
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A group of business entrepreneurs who worried about their teenage children drinking and driving decided there must be some way t
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Answer: A) Prototype

Explanation:

The first model shown to entrepenuers are called prototypes

proto- before

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