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andrey2020 [161]
3 years ago
14

In colonial​ america, the population was spread thinly over a large​ area, and transportation costs were very high because it wa

s difficult to ship products by road for more than short distances. as a​ result, most of the free population lived on small farms where they not only grew their own food but also usually made their own clothes and very rarely bought or sold anything for money. why were the incomes of these farmers likely to rise as transportation costs​ fell? as transportation costs​ fell,
Business
1 answer:
amid [387]3 years ago
5 0
As transportation costs fell, it was easier to get to cities and towns in order to sell surplus goods that these farms produced. Even in subsistence farming, a good year is likely to result in a surplus, and monetizing it would produce discretionary income.
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A company's business model details the manner in which the company will pass the three tests of a winning strategy. indicates ho
inysia [295]

Answer:

<u><em>The correct answer is:</em></u> clarifies (1) how the business will provide customers with value, and (2) why the business will generate revenues sufficient to cover costs and produce attractive profits.

Explanation:

The business model of a company is a tool that helps a new enterprise to enter the market seeking to understand all the variables that make up the business and that integrated will assist in providing value to customers and generating enough revenue to cover costs and produce attractive profits.

Because it is an easy tool to make, cheap and easy to implement, it is essential that each company develop its business model with a focus on creating value in order to achieve innovation and creativity for business success.

It is important for the entrepreneur to follow some steps to realize his business model, which can be constantly modified when he finds more creative strategies to generate business value. Some questions can be asked such as: What will be done, how will it be done, for whom will it be done and how much will be spent. According to all these premises, it will be possible to seek the best way to implement a business that is profitable and competitive in the market.

6 0
4 years ago
Adriana Corporation manufactures football equipment. In planning for next year, the managers want to understand the relation bet
Delicious77 [7]

Answer:

$50.57 ; $175,573.6

Explanation:

The computation of the fixed and variable portions of overhead costs based on machine-hours using high low method is shown below:

Variable cost per hour = (High Overhead cost - low overhead cost) ÷ (High machine hours - low service hours)

= ($581,145 - $503,775) ÷ (8,020 hours - 6,490 hours)

= $77,370 ÷ 1,530 hours

= $50.57

Now the fixed cost equal to

= High overhead cost - (High machine hours × Variable cost per hour)

= $581,145 - (8,020 hours × $50.57)

= $581,145 - $405,571.4

= $175,573.60

3 0
3 years ago
Why might an applicant for work in manufacturing tell a potential employer about the time he or she found a new way
Alexeev081 [22]

Answer:

to show problem-solving skills, to demonstrate team-building skills

Explanation:

Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for a solution; and implementing a solution. using skills as team building among others.

Clearly a candidat for a manufcturing position will suggest this enhance to demonstrate how he can solve a distribution problem (boxing) while improving work environment and creating team building (cooks)

7 0
3 years ago
What’s the difference between LRAS and SRAS
Crank

Answer:

Whereas the SRAS curve is upward sloping, the LRAS curve is vertical because, given sufficient time, all costs adjust.

Explanation:

3 0
3 years ago
The __________ is a good-faith estimate of credit costs and transaction terms that replaces the HUD Good Faith Estimate (GFE) an
lidiya [134]

Answer:

c. Loan Estimate

Explanation:

The loan estimate has replaced the Good Faith Estimate in 2015. Both documents are given by the mortgage lender to the consumer. The main purpose of the documents is for the customer to compare different offers from different lenders.

The main difference is that the loan estimate form is more comprehensive and understandable for the customers.

4 0
4 years ago
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