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stepan [7]
3 years ago
13

In order to achieve a competitive advantage, a firm should be able to Group of answer choices increase its payable turnover. kee

p its producer surplus low. increase the difference between the value created and the cost to produce it. increase the difference between consumer surplus and its profits.
Business
1 answer:
Juliette [100K]3 years ago
7 0

Answer:

increase the difference between the value created and the cost to produce it.

Explanation:

The competitive advantage refers to the advantage gained by the company as compare with the competitors. It can be in terms of bringing innovative ideas with related to the product i.e excellent services, reasonable price, attractive product, optimal quality and quantity so that the customer could satisfied with our product which helps the company to capture the maximum market

So it could be achieved by taking the difference of cost and the value created

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Hello, Coolgurl23. Thanks for writing in.

You're asking if with the information given if this is a affordable amount.

The correct answer is NO. You have 700 dollars that you can pay in rent. Therefore, if you add all these costs up - you will get over the 700 dollar limit that is needed for a yes answer.

Therefore, you have NO as your final answer.

Thanks for writing in, best of luck on your assignment Coolgurl23!

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4 years ago
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3 years ago
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In what ways were the movies, for all their glamour, similar to the automobile industry as developed by henry ford
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They were both cases of the consumerist culture that rose in the 1920's. Consumer culture is a type of free enterprise in which the economy is centered around the offering of customer merchandise and the spending of shopper cash. Most financial analysts concur that the United States is a buyer culture.
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3 years ago
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Benny Company budgeted 610 pounds of direct materials costing​ $18.00 per pound to make​ 8,000 units of product. The company act
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Answer:

-$720 unfavorable

Explanation:

The computation of the material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $18 per pound × (610 pounds - 650 pounds)

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= -$720 unfavorable

Simply we take the difference between the standard quantity and the actual quantity and then multiply it by the standard price so that the correct value can come

6 0
3 years ago
Karen is a school principal. She has been collecting data all year regarding the benefits and costs of an after-school community
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Answer:

Cost Benefit Analysis

Explanation:

Cost benefit analysis research is "a systematic process for calculating and comparing benefits and costs of a project. A cost benefit analysis finds, quantifies, and adds all the positive factors (the benefits). Then it identifies, quantifies, and subtracts all the negatives (the costs). The difference between the two indicates whether the planned action is advisable."

If Karen is doing a cost benefit analysis well she must be sure she includes all the costs and all the benefits and properly quantify them in the community service program.

Reference: Worcester Polytechnic Institute. “Guides: Research Methodology: Cost Benefit Analysis.” Cost Benefit Analysis - Research Methodology - Guides at Worcester Polytechnic Institute, Oct. 2019,

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