Risk retention is good for the company as the good has the better strategies planned about the product mix and if the things changed in the future the company is able to conquer the loss.
<h3>What is product mix?</h3>
Product mix is the total number of products sell by the particular company, the products can be further divided into the categories and division. Many big companies have the different line products like the cosmetics, glasses, home materials and others.
Thus, Risk retention is good for the company as the good has the better strategies
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3300 units of q - drive.
To get the break even units of q drive you need to get the weighted average contribution margin of the two products
To get it, simply multiply the sales mix ratio to its contribution margin per product and add the two to get the wacm.
Q-drive cm=$120-60=60*30%
Q-drive plus cm= $165-75*70%
the wacm=$81
then divide the fixed cost by the wacm
$891000 / $81=11000 units
then to get the break even units of q-drive simply multiply the sales mix ratio to the break even units
11000 units*30% =3300 units.
Answer:
The total number of firms in this industry will decrease in the long run because increased competition will mean lower profit margins which will lead to some firms earning sub normal profits which will force them to leave the industry.
Explanation:
Answer: A Contract was formed on February 5th
Explanation:
The contract was formed the very day that Bob mailed Ann his acceptance which was on the 5th of February.
Ann attempted to revoke the acceptance too late as she did it a day after he had emailed his acceptance even though she only received it on the 7th.
The date she received the acceptance is of no consequence because this falls under the Posting Rule. This rule in Common Law countries essentially states an agreement is made as soon as the letter is posted even if it never gets to it's destination.
Answer:
I would say B would be the best answer.
Explanation:
You shouldn't try to push it onto yourself to fix, the owner/manager to fix the problem!