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zysi [14]
3 years ago
15

Pump prices slide as crude oil falls to​ six-year low The average price for regular gasoline at U.S. pumps fell almost 4 cents i

n March to​ $2.50 a gallon. The price of crude oil dropped to​ $43.46 per barrel on March​ 17, the lowest since March 2009. ​Source: Bloomberg Business​, March​ 23, 2015 Explain the effect of a lower crude oil price on the supply of gasoline. A fall in the price of crude oil will​ ______.
Business
1 answer:
max2010maxim [7]3 years ago
5 0

Answer:

lower the cost of producing gasoline and increase the supply of gasoline 

Explanation:

Crude oil is an input needed in the production of gasoline. If the price of crude oil falls, it would become cheaper to make gasoline and therefore the supply of gasoline would increase.

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What are three important skills for teamwork and collaboration?
Gelneren [198K]
1. Communication
2. Loyalty
3. Honesty
7 0
3 years ago
Historically, demand has averaged 1447 units per week with a standard deviation of 715. The company currently has 2855 units in
Alik [6]

Answer:

c. 97.558%

Explanation:

Options are <em>"A. 50.0.% B. 2.442% C. 97.558% D.197.0% E. 47,442%"</em>

Mean = μ = 1447

Standard deviation = σ = 715

Observed value = X = 2855

Using z-score formula, Z = (X - μ) / σ

Z = (2855 - 1447) / 715

Z = 1.97

P(Z<1.97) = 0.97558

P(Z<1.97) = 97.558%

So,  the probability of a stock-out is 97.558%.

4 0
3 years ago
​coca-cola is superior to its competitors in its distribution of products. this is an example of​ _____ competency.
hichkok12 [17]

The fact that Coca-Cola is superior to its competitors in its distribution of products is an example of​ distinctive competency. Coca Cola as a company has practices, technical skills, technologies and resources that increase its competitiveness with comparison to other companies.  Distinctive competencies are the competencies that differentiates the brand from competitors.

3 0
2 years ago
Over the course of 40 years, Sal grew his company to six package shipping stores. With his retirement approaching and the increa
aalyn [17]

Answer:

Defensive strategy

Explanation:

7 0
3 years ago
Read 2 more answers
The ____ approach shows operating managers and salespeople what they've actually contributed to covering general overhead and pr
Gwar [14]

Answer:

The answer is A. net margin.

Explanation:

To answer this, lets see what is net margin first!

you get net margin when you divide the net income or the net profit from the total revenue for that period and then multiply that by 100.

Lets take an example to see what this means.

If the net margin is 40%, that means out of $100 revenue, $40 are profits and the rest are costs.

This is an important indicator for the marketing and the sales people as they are the ones who are primarily engaged in and are responsible for the revenue generation.

So why didn't we choose E.Net Profit?

net profit only shows the total profit and it does not show the profit's relationship with the Total Revenue!

3 0
3 years ago
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