The producer will decrease the quantity of bicycle production. In the basic Laws of supply and demand, when price decreases there is an increase of supply. Therefore the decrease of price suggest that there is an increase of supply in the market. Also as the price decreases profitability also decreases.
Answer:
1. 3. The duties of the crisis team should be divided according to each member’s area of expertise. Since communicating accurate information is critical, you will need to assign specific members to interface with your own employees and public-safety agencies. Communication with the public and employees should be overseen by the director of PR. If your company does not have a public relations executive, this job should be handled by the head of marketing or human resources. Nevertheless, all members of your crisis team should receive training in crisis communication.
- The first sentence here needs to stand alone unlike in option 2. Option 1 is just a repeat of the original paragraph so is not a revision and does not count.
2. Effective business messages are well organized and context appropriate; <u>therefore</u>, your first step in crafting effective messages is appropriate planning.
You should begin planning by conducting a situational analysis. <u>Following this</u>, you should gather all appropriate and relevant data or information. The amount of research you conduct will be determined by the purpose and scope of the message.
<u>After completing these two steps</u>, you should develop an outline for your message. Finally , you are ready to begin writing. You may have to write several drafts before you finish your message. Don’t be afraid to rewrite multiple times.
<u>Since the most effective (successful) messages are well crafted</u>, spending a little extra time on the planning and drafting process is always wise.
3. C) Break large topics into smaller segments.
By breaking large topics into small segments, each segment can then be explained in its own paragraph which will limit the length of paragraphs unlike if you had to talk about one larger topic in one paragraph.
Answer:
Reliability and validity are concepts used to evaluate the quality of research. They indicate how well a method, technique or test measures something. Reliability is about the consistency of a measure, and validity is about the accuracy of a measure.
Explanation:
Answer:
The cost of goods manufactured is $860,000
Explanation:
The cost of goods manufactured = The cost of the beginning work in process inventory + direct materials cost + direct labor cost + overhead cost - the ending work in process inventory.
The company has the cost of the beginning work in process inventory is $50,000, direct materials cost is $340,000, direct labor cost is $206,000, an overhead cost is $309,000, and the ending work in process inventory is $45,000
The cost of goods manufactured = $50,000 + $340,000 + $206,000 + $309,000 - $45,000 = $860,000
Answer:
The correct answer is option b.
Explanation:
Oligopoly is the form of market where there are few firms which are interdependent on each other. The price and output decisions of a firm affect its competitor firms in the market who are likely to react accordingly.
That's why an oligopoly firm takes into account the reaction of its rival in making price-output decisions.
