Answer:
Less than $1/unit
Explanation:
The reason is that the company will further gain economies of scale and the cost of production of a unit product will fall below $1 per unit. So this will give a strengthening position to Round Things Inc. and help it to win the market on the basis of quoting the least price due to increased production and economies of scale.
Based on the way the Lerner index is calculated, higher prices would increase the Lerner index.
<h3>What is the Lerner Index?</h3>
It is a measure that allows for the calculation of marker power in a certain industry.
It is calculated by the formula:
= (Price - Marginal cost) / Price
If the price increases, the numerator will increase which means that the Lerner index increases.
In conclusion, option D is correct.
Find out more on indexes at brainly.com/question/824647.
Answer:
3.6
Explanation:
The receivables turnover for the year is calculated as;
= Net sales(credit sales) ÷ Average accounts receivables
Average account receivables
= ($200,000 + $220,000) ÷ 2
= $210,000
Therefore, Receivables turnover
= $750,000 ÷ $210,000
= 3.6
Consumers complaints would most likely result in
"<span>
a modification of the sales presentation".</span>
Sales
Orientation is an approach in business which is
focused on profit by concentrating on influence of individuals to purchase to
the items as opposed to understanding the client needs. Stress is laid on
publicizing and enhancing the capacities of the sales force. The item and the production
limit go before the client.
Paying yourself first, sticking to a budget, placing yourself, living within your means, and knowing where your cash goes are all Reverse budgeting.
<h3>What is Reverse budgeting?</h3>
Reverse budgeting is a type of budget system where the business owner sees himself as a staff and pays himself first.
The money left is can then be divides to manage other business operations and saving.
Therefore, Paying yourself first, sticking to a budget, placing yourself, living within your means, and knowing where your cash goes are all Reverse budgeting.
Learn more about Budget here,
brainly.com/question/24940564
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