Answer:
Total fixed costs= $150
Explanation:
Giving the following information:
Parker's only overhead is a storage unit for the inventory that costs $125 a month and a $25 monthly fee for website hosting.
<u>A cost is categorized as fixed because it does not vary with production (in relevant ranges).</u>
In this case, the only two cost that is fixed is the storage and website hosting.
Total fixed costs= 125 + 25= $150
Answer:
The correct answer is b.setting equipment utilization goals below industry average.
Explanation:
A firm cannot achieve competitive advantage by setting its equipment utilization goals as this will not retain its customers.
If a firm wants to achieve competitive advantage it can achieve it by;
Addressing its customers concerns and customizes the products according to their needs.
Providing customers their ordered products earlier than other companies lead time, which means increase in speed of delivery and shortens the delivery time.
Bring improvement and advancements in its products by using new technology.
Maintain a variety of different product options to cater the needs of its various customers. Offering them a wide range of products will probably reduce chances of customer switch.
You have access to online and Mobile banking ATM’s and the use of debit card.
The correct answer is D. There is no evidence to prove if the suspect commited the crime, or didnt
Answer: Placing a price above equilibrium will lead to increase in price and limitation on land use will lead to reduction in supply of tobacco products.
Explanation:
Smoking has many negative impact on the bodyband some of these effects are life threatening. Smoking affects the respiratory organs and increases the risk of cancer and eventually may lead to death.
Government in different countries have put in different methods and policies to reduce smoking. Some of the policies are high tax on tobacco products, ban and enlightenment programmes.
The policies used here such as placing price above the equilibrium price and limiting the amount of land that can be used for tobacco production are good policies. Placing the price of tobacco products above equilibrium price will lead to an increase in price which might discourage people to buy tobacco related products such cigarette. Also, limitation on the land use for tobacco production will lead to decrease in supply. This means less tobacco related products will be available for people.
