A supply chain is a set of firms that make and deliver a given set of goods and services to the ultimate consumer.
<h3>What is a supply chain?</h3>
A Supply chain is the entire system of production. It starts from sourcing for raw materials to delivering a product or service to an individual also known as a customer.
Therefore, a supply chain is a set of firms that make and deliver a given set of goods and services to the ultimate consumer.
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Answer:
Hoosier does not adjust its E&P for the stock dividend because it is not taxable to the shareholders.
Explanation:
Hoosier does not adjust its E&P for the stock dividend because it is not taxable to the shareholders. This conclusion is based on the definition of taxable dividends.
It might fail because of competition.
Answer:
A
Explanation:
Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
If the absolute value of price elasticity is greater than one, it means supply is elastic. Elastic supply means that quantity supplied is sensitive to price changes.
Supply is inelastic if a small change in price has little or no effect on quantity supplied. The absolute value of elasticity would be less than one
The short run is a period where all factors of production are fixed. In the short run, a firm would continue to produce if price is above average variable cost. If this is not the case, it would shut down
The long run is a period where all factors of production are varied. It is known as the planning time for a company
Supply is more elastic in the long run than in the short run because the producer can make adjustments in the long run
Answer:
U(x) = 10vx. If Andy eats 64 pieces of candy,
Explanation:
