Answer:
The correct answer is Transferability.
Explanation:
The term of transferability indicates the speed with which competitors can mimic the processes on which a company's competitive advantage is based. It also refers to the ease of certain raw materials to be taken from one place to another.
Answer:
product B
Explanation:
The computation is shown below;
<u>Particulars Product A Product B Product C
</u>
Selling Price $5.00 $3.00 $5.00
Less: Variable cost per unit ($3.50) ($2.00) ($2.00)
Contribution per unit $1.50 $1.00 $3.00
Machine hours per unit 0.75 0.25 1
Contribution per machine hour $2.00 $4.00 $3.00
($1.50 ÷ 0.75) ($1.00 ÷ 0.25) ($3.00 ÷ 1)
The product B should be produced as it has the highest contribution per machine hour
Answer:
Th answer is: net income for year 2 is $45,000
Explanation:
We must first determine the equity for both years (equity= assets - liabilities)
- Equity year 1 = $940,000 - $300,000 = $640,000
- Equity year 2 = $995,000 - $270,000 = $725,000
Then we calculate the change in equity:
- change in equity = $725,000 - $640,000 = $85,000
Finally to determine the net income or year 2 we use the following formula:
Net income (Y2)= change in equity - additional investments + dividends paid
net income (Y2) = $85,000 -$73,000 + $33,000 = $45,000
Answer:
The retail sector consistently accounts for around 5% of Gross Value Added in the UK economy. 14% of all UK investment made by large non financial-sector firms is made by large retailers. Retailers purchase around £180bn worth of goods for resale, supporting £47bn of output from other sectors.
The economic development of a country is dependent on all of the following except promoting protectionist barriers. Hence, option D is correct.
What is Economic Development?
- Economic and social development is the process through which the economic well-being and quality of life of a country, region, local community, or an individual are enhanced in accordance with specific aims and objectives, according to the economics study of the public sector.
- Although the phrase has been widely used in the 20th and 21st centuries, the idea has been around in the West for much longer.
- The terms "Westernization," "industrialization," and "modernization" are also frequently used when referring to economic progress. Prior to the 1960s, economic development programs tended to place more of an emphasis on infrastructure and industrialization than on reducing poverty.
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