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Anon25 [30]
3 years ago
9

How to supply and demand work together to determine price? In other words, what happens to both supply and demand when prices ri

se/fall?
Business
1 answer:
cricket20 [7]3 years ago
6 0
A key function of the market is to find the equilibrium price<span> when </span>supply and demand<span> are in balance. At this </span>price<span>, the goods </span>supplied<span> are equal to what is being demanded thereby bringing about the most efficient allocation of the goods.</span>
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Fresh-Cola Inc. is a manufacturer of carbonated drinks that packages its products in bottles, cans, and 12-pack cartons. A stand
Sloan [31]

Answer:

Fresh cola is using packaging as a part of its product differentiation strategy

Explanation:

A product differentiation strategy may require adding new functional features or might be as simple as redesigning packaging. Therefore Fresh cola is using packaging as a part of its product differentiation strategy since it changed its previous features to a new one

4 0
3 years ago
Which of the following actions is likely to have the highest initialcost in terms of its impact on other parts of the organizati
avanturin [10]

Answer:

Replace existing equipment with newer, more efficient equipment. Although this option entails substantial up-front investment, you’re sure that you can more than make up the difference in lower production costs.

Explanation:

The action that is likely to have the highest initial cost in terms of its impact on other parts of the organization is to replace existing equipment with newer, more efficient equipment. Although this option entails substantial up-front investment, you’re sure that you can more than make up the difference in lower production costs. This because buying new equipment will require a big investment from the company at the beginning to cover its costs but this will later generate more productivity and lower production costs which will compensate the initial high cost.

The other options are not right because buying slightly lower-grade materials, including hardwood, aluminum, vinyl, and nylon can decrease the cost at the beginning but the company can have problems with the quality of the products which could be really costly. Also, lay off a portion of your workforce and then try to motivate everyone who’s left to work harder and this option also means selecting future hires from a lower-skill labor pool and paying lower wages will decrease labor costs at the beginning but can require a big investment later with the costs of the process to hire new people, compensations to the employees that were laid off and can also result on low quality job and productivity from lower-skill labor.

7 0
3 years ago
A company’s planned activity level for next year is expected to be 100000 machine hours. At this level of activity, the company
Marina86 [1]

Answer:

The total manufacturing overhead is $200,100

Explanation:

The flexible budget prepared below is based on the original budget for 100,000 machine hours adjusted to 90,000 hours

indirect materials(variable)$50,000/100,000*90,000=$45,000

depreciation(fixed)                                                          =$37,500

indirect labor(variable )$80,000/100,000*90,000       =$72000

taxes(fixed)                                                                       =$7,500

factory supplies(variable)$9000/100,000*90000         =$8,100

supervision(fixed)                                                             =$30,000

total manufacturing overhead                                          $200,100

The total manufacturing overhead is $200,100 based on the fact that variable cost varies with output  while fixed costs remain the same

4 0
3 years ago
Jason prows' job this week is to prepare a spreadsheet that shows his company's long-range plans and outlines the expected finan
vivado [14]
The answer is capital budget or capital budgeting. This is the procedure in which a business decides and assesses potential costs or ventures that are extensive in nature. These uses and speculations incorporate activities, for example, fabricating another plant or putting resources into a long haul venture. These significant capital purchases are real estate, plant expansions, manufacturing equipment,  or technology.
5 0
3 years ago
Read 2 more answers
If a series of events results in a decrease in investments in the US businesses, what is the result on the US economy?
emmasim [6.3K]

if a series of events result in a decrease in investment in us business, the one that would be the result on the U.S economy is :

A.    

contraction Contraction is a condition in which our economy becoming smaller as a whole. When there a decrease in investment, people wouldn't have enough capital to open and maintain their business, which will lead to unemployment

8 0
3 years ago
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