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Mademuasel [1]
2 years ago
7

Only variable costs can be differential costs. Do you agree? Explain.

Business
1 answer:
Nostrana [21]2 years ago
5 0

I do not agree with the given statement that is "Only variable costs can be differential costs.".

The difference in the costs of two alternative decisions is referred to as differential cost.

When a company is faced with several similar options, it must make a decision by selecting one and discarding the other.

Variable costs in cost accounting are costs that vary according to how much a company produces.

Variable costs are typically proportional to output.

As a result, the cost difference between two alternatives, rather than the fixed and variable nature of costs, is relevant for decision-making.

Hence, I disagree with the statement given in the question.

Learn more about variable cost:

brainly.com/question/9212451

#SPJ4

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In order for a company to achieve a sustainable competitive advantage, it must:
Aleksandr [31]

Answer: a. perform one or more activities in the value chain at the same quality level as its competitors.

Note: But it must be at a lower cost than the competitors.

d. perform its value chain activities at a higher quality level than one of its competitors.

Note: It must be at no greater cost than the competitors.

What is Sustainable Competitive Advantage?

They are a company's abilities, culture, assets, and attributes that places them at an advantage or gives them a cutting edge over their competitors, such advantage(s) are difficult to duplicate by another company.

Types of sustainable competitive advantage.

• Low pricing: This is the ability of a company to provide goods or services at a low cost compared to their competitors, this ability could be an important competitive advantage.

• Market Power: This talks about the sole ability of a company to increase price without experiencing a loss in the market share, this happens when there is high barrier to entry in a market.

Other examples are ; powerful brands, outstanding management, product differentiation, etc.

Explanation:

7 0
3 years ago
The most common method of evaluating the economic health of a country is to use metrics that measure the country's ______. Multi
guapka [62]

Economic output is the most common metrics method of evaluating the economic health of a country.

<h3>What is economic output?</h3>

Economic output as the name implies, measures the value of all sales of goods and services produced in a country.  It indicates that the amount of output or income per person in an economy.

Economic output shows how much goods and services produced in a country are sold within a period of time.

Hence, economic output is the most common metrics method of evaluating the economic health of a country.

Learn more about economic output here: brainly.com/question/18633771

6 0
3 years ago
How do consumers inform manufacturers about what to produce?
Shtirlitz [24]
<span>By making particular purchases, the consumer inform or show what they need.
Ex:

im hungry, buy mc donald
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3 0
3 years ago
The Public Company Accounting Oversight Board (PCAOB) has authority to establish which of the following relating to public compa
Dafna1 [17]

Answer: a. Option A

Explanation:

The Public Company Accounting Oversight Board (PCAOB) was formed by the Sarbanes-Oxley Act in the aftermath of the disastrous accounting policies of companies like WorldCom and Enron in the early 2000s to protect investors from such happening again.

The PCAOB monitors companies to ensure that they are complying by the provisions of the Sarbanes-Oxley Act and do so by coming up with both attestation and independence standards that these companies are to adhere to.

3 0
3 years ago
1. Which is not a factor of production? (25pts)A. Natural Resources B. LaborC. PartnersD. Entrepreneurships
postnew [5]

Answer:

i think it would be C.

partners

Explanation:

4 0
4 years ago
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