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Likurg_2 [28]
2 years ago
14

Less popular open source products are not likely to attract the community of users and contributors necessary to help improve th

ese products over time. This situation reiterates the belief that _____ are a key to success.
Business
1 answer:
daser333 [38]2 years ago
6 0

Less popular open source products are not likely to attract the community of users and contributors necessary to help improve these products over time. This situation reiterates the belief that network effects are a key to success.

<h3>What are Network Effects?</h3>
  • The phenomenon known as the "network effect" describes how more individuals using a commodity or service results in a rise in value. An illustration of the network effect is the internet.
  • Since the internet was first only useful to the military and a small number of researchers, there weren't many users.
  • However, as more people had access to the internet, more material, information, and services were created by users.
  • More people were drawn to connect and transact business with one another as a result of website development and enhancement. A network effect resulted from the internet offering more value as traffic increased.

know more about Network effects

brainly.com/question/28059618

#SPJ4

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A small business is currently using a paper-based system for billing, which is slow and error-prone. Which system upgrade will m
Pachacha [2.7K]

Answer: Source data automation

Explanation: Source data automation involves inputing data in a digital format from the point of origin. This method makes use of automated methods to collect data directly from the source right at the beginning. And in doing so, this process eliminates any duplicated effort, potential for errors and delays in any unnecessary handling.

4 0
3 years ago
Yam is a gourmet chef who runs a small catering business in a competitive industry. Yam specializes in making wedding cakes. Yam
mr_godi [17]

Answer:

She should continue producing 20 wedding cakes a month.

Explanation:

From the information in the question

Revenue per unit= Total revenue/Units produced

Revenue per unit= 5000/20= $250

We were given the marginal cost as $200

So our revenue per month ($250) is higher than marginal cost ($200)

Yam is making a profit of $50, so she should continue producing 20 cakes per month

4 0
3 years ago
Assume that a family spends 35% of its income on housing, 20% on travel-related expenses, 10% on utilities, 25% on health care,
iogann1982 [59]

Answer:

We need the slope of each category.

Explanation:

Having the amount of each category is not enough to find the responsive of each one of them to a change in their prices, we need a measure called elasticity, this indicator measures the responsive of a product to a change in its price.

5 0
3 years ago
The Trektronics store begins each week with 360 phasers in stock. This stock is depleted each week and reordered. The carrying c
kifflom [539]

Answer:

$5,580 and $3,588

Explanation:

The computation is shown below:

Total Carrying costs is

= Average inventory × the carrying cost per phaser

= (360 phasers ÷ 2) × 31

= $5,580

And,

The Restocking cost is

= Number of orders × the fixed order cost

= 52 × 69

= $3,588

The 52 is the total weeks in a year

We simply applied the above formula

4 0
3 years ago
Carol and Dave each purchase 100 shares of stock of Burgundy, Inc., a publicly owned corporation, in July for $10,000 each. Caro
tino4ka555 [31]

Answer:

See below

Explanation:

From the above information, we can deduce that the stock owned by Carol and Dave falls in value by $2,000 I.e ($10,000 - $8,000) ; it is to be noted that Carol solely has realised and recognized loss of $2,000.

Here, one of the cogent factors that determines whether a sale has taken place is if realization has been effected. Here, stock sold by Carol qualifies as a disposition while the decline in the value of stock sold by Dave does not qualify as disposition.

With regards to the foregoing, we can conclude that the federal income tax law treat the decline in the value of the stock differently for Carol and Dave.

8 0
3 years ago
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