True
Return to investment: margin+turnover
Margin-net operating income/ sales
Turnover-sales/average operating assets.
Income Approach seems to fit best but i'm not quite sure.
Sorry if it's wrong.
Answer:
D. Simon, who is baking a cake that will be sold in a bakery
Explanation:
Simon is the producer here because he is producing a product to sell on the market.
Answer:
The correct answer is letter "B": It is designed for efficiency and low cost by minimizing inventory and maximizing efficiencies in process flow.
Explanation:
Efficient supply chains aim to produce high-quality products by reducing manufacturing costs to maximize revenues. As part of the improvement, efficiency relies on reducing the waste of the production process or shipping the goods earlier than planned.
<span>a) If energy prices go up, manufacturing costs go up, which ultimately increases the price of the notebook. This will also most likely lead to a decrease in quantity, as the manufacturing cost per unit is higher. This is a supply determinant.
b) In theory, the subsidy reduces the cost per unit to the manufacturer, which increases supply and often reduces price, again being a supply-side determinant. In reality, it creates an incentive for notebook manufacturers to keep doing what they are doing, disincentivizing cost-saving developments and alternatives. Why innovate when you can get free government cheese?
Anyway, supply determinant.
c) The price of an inferior good increasing tends to push some demand for superior goods, especially when the income to cost of good ratio remains the same for the inferior good but gets better for the superior one. Demand determinant. </span>