All categories

2 years ago

A large office supply company sells many of its consumer products over the Internet. This is

1 answer:

6 0

A large office supply company sells many of its consumer products over the Internet. This is known as e-commerce.

Trading the consumer products over internet is the current trend these days. This way is known as e-commerce.

What is E-commerce?

E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet.
These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
E-business and e-commerce are frequently used interchangeably. The transactional procedures that make up online retail shopping are also occasionally referred to as e-tail.
The widespread use of e-commerce sites like Amazon and eBay over the past 20 years has significantly boosted the growth of online retail. According to the U.S., e-commerce made up 5% of all retail sales in 2011.

To know more about E-commerce visit:

brainly.com/question/24051375

#SPJ9

You might be interested in

If a more efficient technology was discovered by a firm, there would be Multiple Choice a downward shift in the AFC curve. an up

Pavlova-9 [17]

Answer:

a) a downward shift in the AFC curve

Explanation:

AFC = Average Fixed Cost, AVC = Average Variable Cost, MC = Marginal Cost

Average Fixed Cost is defined as the fixed cost of production divided by the quantity produced. Mathematically given as:

Average Fixed Cost = Fixed Cost ÷ Quantity

AVC = FC ÷ Q

Average Variable Cost is defined as the variable cost of production divided by the quantity produced. Mathematically given as:

AFC = VC ÷ Q

Marginal Cost is defined as the cost incurred for an additional unit to be produced. Mathematically given as:

MC = ΔC ÷ ΔQ

The firm discovered a more efficient technology implies that the cost of production is reduced. The result of this is that the fixed cost (FC) is reduced and consequently, the AFC is reduced as well. Hence, the AFC curve shifts downward. We therefore see that a reduction in fixed costs (due to the discovery of a more efficient technology) results in the AFC curve shifting downwards

<u>Hence, Option A (a downward shift in the AFC curve) is the correct answer </u>

8 0

3 years ago

Theo works at a fast food restaurant. his boss has asked theo if he is willing to take more shifts. if theo decides to take on t

nikitadnepr [17]

The fact that his school work may end up slacking or he is ambitious and will achieve what he wants to

5 0

4 years ago

A person who earns $30,000 per year has $2,000 in childcare costs. As a

lutik1710 [3]

Im gonna guess tax deduction

6 0

3 years ago

Read 2 more answers

Dave and Kelly are discussing how quickly products now become obsolete in their industry. David believes this will make it more

Paha777 [63]

Answer: Incorret

Explanation: This is incorrect because the more information we have about the market and the obsolescence time of our products, the better we will be able to coordinate the marketing strategy so that the time spent will be paid with greater profits in the future.

For example, appliances affected by competition or improvements become appliances that replace the previous ones if you do not evaluate the obsolescence time of these items, it is likely that when our product is launched, there is already a better one in the market.

6 0

3 years ago

If the price charged for a candy bar is p cents, then x thousand candy bars will be sold in a certain city, where p = 8 - . how

coldgirl [10]

992 candy bars must be sold to maximize revenue.

<h3>What is revenue?</h3>

The total amount of income generated by the sale of goods and services related to the primary operations of the business is referred to as revenue in accounting.
Commercial revenue is also known as sales or turnover.
Some businesses make money by charging interest, royalties, or other fees.

To find how many candy bars must be sold to maximize revenue:

The price of a candy bar is determined by the quantity sold:

p(x) = 124 - (x/16) where x is in 1000s.

If the candy bar's price is p(x), the revenue function is:

R(x) = p(x) · x = 124 · x - x²/16

Find the solution of R'(x) = 0 to maximize R(x):

R'(x) = 124 - x/8
124 - x/8 = 0
x = 992

Therefore, 992 candy bars must be sold to maximize revenue.

Know more about revenue here:

brainly.com/question/25623677

#SPJ4

The correct question is given below:
If the price of a candy bar is p(x) cents then x thousand candy bars are sold. The price p(x) = 124-(x/16). How many candy bars must be sold to maximize revenue?

6 0

1 year ago