Answer:
Explanation:
Competitive advantages are those factor that put a manufacturer in a better position over rivals in the market and gives her the benefit of higher pricing and brand loyalty.
In this scenario , the competitive advantage that Heartsong has in the industry is her world wide reputation as a provider of choice for high-quality leading -edge artificial heart valves.
However, she has fund limitation to enhance research and development , larger production and maintain additional inventory as demanded by the market . The sales on account pattern as vendors are not paid immediately and short lead time for ordering due to the nature of the heart valve was not helping the situation.
The outsourcing arrangement to Edfex will ease the stress on delivery as it has hightech warehouses in most major population centers around the country. The focus will now be on research and development and increased production capacity.
Answer:
"$2,500" is the appropriate answer.
Explanation:
The question given seems to be incomplete. Below there is a attachment of full question is provided.
The given values are:
Plywood's price,
= $6 per sheet
Price falls,
= $4
Now,
At price $6, the consumer surplus will be:
= 
= 
= 
($)
When price falls, the consumer surplus will be:
= 
= 
= 
($)
Hence,
The increase in consumer surplus will be:
= 
= 
($)
Answer:
Yeats Corporation
The percent change for Year 2 compared to the base year is -4.04%
Explanation:
a) Calculations:
Year 1 Sales = $396,000
Year 2 Sales = $380,000
Reduction = $16,000
Percentage reduction = $16,000/$396,000 x 100 = 4.04%
This is a reduction, and it is negative.
b) The change in sales is calculated as the difference between year 1 and year 2 sales over the sales in year 1 multiplied by 100. This is expressed as a percentage by the multiplication by 100. The percent change describes the relationship between the sales figure in year 1 and the sales figure in 2. When calculated as above, it shows that sales reduced in year 2 by 4.04% from the sales in year 1.
