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Zanzabum
3 years ago
10

What is market saturation?

Business
2 answers:
bixtya [17]3 years ago
7 0
In economics, market saturation<span> is a situation in which a product has become diffused (distributed) within a</span>market<span>; the actual level of </span>saturation<span> can depend on consumer purchasing power; as well as competition, prices, and technology.</span>
Brrunno [24]3 years ago
7 0
<span>Too
 much of something or a product so the prices lower on the market </span>
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Advances in technology have reduced the cost of manufacturing MP3 players if demand does not change
Andrews [41]
Because MP3 players cost less to make, if demand does not change, there will be more profit. This is because there would be the same amount demand and less money being made into making the product, meaning less expense, which means a bigger profit.
5 0
3 years ago
Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels a
fredd [130]

<u>$450 is the answer. </u>

<u>The total revenue the company earns after selling 10 boards is $450. </u>

<u> </u>

Further Explanation:

Total Revenue:

Total revenue refers to the total receipts or the income after selling the product.

Total profit:

Total profit refers to the amount subtracted by the total cost of the firm from the total revenue of the firm. Total profit is the excess of the total cost from the total revenue.  

Total cost:

Total cost refers to the cost of making the product which is being bear by the company or the owner of the firm. Total cost is the cost of making the product.

Total Revenue = Cost of selling one skateboard × Total number of skateboards

                         = $45 × 10

                         = $450

<u>Therefore, Total Revenue is $450. </u>

<u> </u>

Thus, the total revenue the company earns after selling 10 skateboards is $450.

Learn More:

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<u>brainly.com/question/2689578 </u>

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3. Owning a car  

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Answer Details:

Grade: High School

Chapter: Total profit

Subject: Accountancy

Keywords: Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor. What is the total revenue the company makes after selling 10 boards? $300 $350 $400 $450.

5 0
3 years ago
Read 2 more answers
Concord Corporation reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw mate
jek_recluse [69]

Answer:

Concord Corporation's cost of goods manufactured for the year is  $2,490,000

Explanation:

For computing the cost of goods manufactured, we have to use the formula which is given below:

= Opening Work in progress inventory + Direct material used + direct labor + manufacturing overhead - ending work in progress inventory

In the given question, the direct material used is not given, so we have to compute it. The formula is given below:

= Opening balance of raw material inventory + Purchase of raw material - ending balance of raw material inventory

= $300,000 + $930,000 - $480,000

= $750,000

And, the other values will remain the same.

So, the answer would be equal to

= $1,080,000 + $750,000 + $870,000 + $690,000 - $900,000

= $2,490,000

Hence, Concord Corporation's cost of goods manufactured for the year is  $2,490,000

3 0
3 years ago
describe how adding a risk-free security to modern portfolio theory allows investors to do better than the efficient frontier. A
kondaur [170]

Answer: Modern portfolio theory takes this idea even further. It suggests that combining a stock portfolio that sits on the efficient frontier with a risk-free asset, the purchase of which is funded by borrowing, can actually increase returns beyond the efficient frontier.

Risk premium is defined as excess return over risk free rate by taking extra risk. A risk-free asset has zero risk, so risk premium on these assets is zero. As risk level of investment increases, risk premium on investment also increases.

The market risk premium is the difference between the expected return on a market portfolio and the risk-free rate. The market risk premium is equal to the slope of the security market line (SML), a graphical representation of the capital asset pricing model (CAPM). CAPM measures required rate of return on equity investments, and it is an important element of modern portfolio theory and discounted cash flow valuation.

Explanation:

7 0
3 years ago
Watson, Inc. applies overhead cost based on direct labor hours. In completing the 200 units in job #120, the company incurred $1
andriy [413]

Answer:

Total cost= $24,000

Explanation:

Giving the following information:

Watson, Inc. applies overhead costs based on direct labor hours. In completing the 200 units in job #120, the company incurred $12,000 in direct materials and 500 direct labor hours at $18 per hour. The predetermined overhead rate is $6 per direct labor hour.

Total cost= direct material + direct labor + manufacturing overhead

Total cost= 12,000 + 500*18 + 6*500= $24,000

3 0
3 years ago
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