Answer: Number of Units Sold
Explanation:
To calculate Revenue there are two details needed at the most basic level. These are the price per unit of the good being sold and the number of units sold.
Revenue = Price * Number of units sold
The question provides us with the price per good to be sold which is £1 per pack of 100 cups for Company A and £3 for 1 dinner plate for Company B.
To know who has the higher revenue, we would need the number of units sold of each.
For instance, assuming Company A sold 10 packs of 100 cups and Company B sold 10 dinner plates, the company revenues would be;
Company A = 10 packs * £1
= £10
Company B = 10 dinner plates * £3
= £30.
Company B would have a higher revenue which are able to know due to the number of units sold being known.
Answer:
B. Natural barriers cannot prevent the entry of new firms.
Explanation:
Natural barriers cannot prevent the entry of new firms as firms should be free to enter and exit the industry. Every firm's actions or dealings influence the profits of all the other firms.
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Answer:
$3.62
Explanation:
Dividend Yield = 0.12/2
Dividend Yield = 0.06
==> (Dividend in One Year)/Current Price= .045
D1 = 0.06*$64
D1 = $3.84
D0 (Current Dividend) = D1/(1+Dividend Yield)
D0 (Current Dividend) = $3.84/(1.06)
D0 (Current Dividend) = 3.622641509433962
D0 (Current Dividend) = $3.62
Answer:
see below
Explanation:
A positive correlation signifies that an increase in one variable results in the other variable moving in the same direction. Because supply and price are positively correlated, a price increase will increases supply. The opposite is also true.
Suppliers are business people whose main objective is to make profits. Higher prices give higher margins. Suppliers make higher profits when prices are high. The possibility of making higher profits motivates suppliers to increase supplies to the market. On the other hand, low prices may result in losses. When prices are low, supplies will shy away from the market to avoid making losses.
