1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anni [7]
3 years ago
10

_________ occurs when a good or service is produced at the lowest possible cost.

Business
2 answers:
Sergio [31]3 years ago
8 0

Answer:

The correct answer is letter "C": Productive efficiency.

Explanation:

Productive Efficiency is a point where an economy cannot increase the output of a good or service without lowering another product's production level. An economy operating along its <em>Production Possibility Frontier</em> (PPF) has been optimizing its efficiency in production.

<em>Productive Efficiency is achieved with the lowest possible cost of producing goods. In such a case, economists and companies try to manufacture goods using the fewest available resources.</em>

kolbaska11 [484]3 years ago
3 0

Answer:

The correct option is C,productive efficiency

Explanation:

Allocative efficiency occurs when goods are produced to reflect the preferences of the consumers.This means that the producers are not concerned about deploying their resources in the most efficient manner as the overriding point is the satisfaction of customers' expectations.Hence option B is wrong.

Voluntary exchange refers to process of suppliers and customers engaging  in business transactions with freewill.

However,productive points to effective and efficient allocation of resources to yield maximum output and at the lowest possible cost per unit.No doubt option C is the correct answer.

You might be interested in
Roy Company manufactures a product in Departments A and B. Materials are added at the beginning of the process in Department B.
slamgirl [31]

Answer:

Number of equivalent units= 18,000

Explanation:

Giving the following information:

Conversion costs for Department B were 50% complete concerning the 6,000 units in the beginning work in process and 75% complete for the 8,000 units in the ending work in process. A total of 12,000 units were completed and transferred out of Department B during February.

With the information provided, we can calculate the number of equivalent units of the period.

Beginning work in process = 6,000*0.5= 3,000

Units started and completed = 12,000 - 3,000= 9,000

Ending work in process completed= 8,000*0.75= 6,000

Number of equivalent units= 18,000

6 0
3 years ago
10) A blue ocean strategy A. B) involves a preemptive strike to secure an advantageous position in a fast-growing market segment
Zarrin [17]

Answer:

The correct answer is D) offers growth in revenues and profits by discovering or inventing a new industry or distinct market segment that renders rivals largely irrelevant and allows a company to create and capture altogether new demand.

Explanation:

The blue ocean strategy is a marketing theory that determines the need for organizations to forget about competition and focus especially on creating their own growth possibilities, which allows perceiving other variables that are of greater importance for business and that generally remain hidden due to the price war in which the market has been involved.

4 0
3 years ago
Raleigh Co. has the following products in its ending inventory. Compute the lower of cost or market total for inventory applied
Flura [38]

Answer:

<u>c. $2,018.00</u>

Explanation:

Lower of cost or market is the inventory valuation method which requires to record the inventory at a value lower of

  • Initial cost of inventory ( Manufacturing cost or Purchasing cost )
  • Market value of the Inventory ( Net realizable value of the market )

Product__Quantity__Cost per unit__Market per unit___ Lower ____Value

Jelly _____150 ______$2.00 ______2.15___________ $2.00____ $300

Jam _____ 370 _____ $2.65 ______2.50 __________ $2.50 ____ $925

Marmalade 260 _____ $3.10 ______3.05  __________ $3.05 ____ $793

Total Value ___________________________________________<u>$2,018</u>

6 0
3 years ago
An investment has the following cash flows and a required return of 13 percent. Based on IRR, should this project be accepted? W
Ganezh [65]

Answer:

 B. No; The IRR is less than the required return by about 1.53 percent

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

The IRR can be calculated using a financial calculator:

Cash flow in year zero = -$42,000

Cash flow in year one = 15,300

Cash flow in year two = 28,400

Cash flow in year three = 7,500 

IRR = 11.47%

A project should be chosen if the IRR is greater than the required return

The IRR is less than the required return so the project should be rejected.

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

6 0
3 years ago
Assume that you would like to purchase 100 shares of preferred stock that pays an annual dividend of $6.00 per share. However, y
butalik [34]

Answer:

$267.1211

Explanation:

return on preference share per unit is $6  , thus at 12% annual rate of return. Initial value of preference shares will be $50 per unit ( $6 divided by 12%).

Total value of preference shares = $50 multiplied by 100 preference shares = $5000

Future value of preference shares = 5000 (1.12)^5  = $8,811.7084

to find the value of money to be deposited to be able to buy the preference shares at the end of 5 yrs.

we work back to get the present value using the mutual fund annual rate

$8811.7084 = pv (1.06)^60  the rate is compounded monthly. Hence we shall compound the return 60 times in 5 years

Bank account money = 8811.7084  divided by 32.9877 = $267.1211

5 0
3 years ago
Other questions:
  • On January 1st, Great Designs Company had a debit balance of $1,450 in the Office Supplies account. During the month, Great Desi
    13·1 answer
  • Craftmaples, a chain of handicraft stores, was established with the purpose of preserving traditional handicrafts. The company's
    10·1 answer
  • How to succeed in business?
    9·1 answer
  • A company is considered large if it
    6·1 answer
  • Isabel, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December she received
    8·2 answers
  • Assuming that the quantities of inventory on hand during the current year were sufficient to meet all demands for sales, a decre
    7·1 answer
  • When an intercompany inventory profit resulting from a sale by a less than 100% owned subsidiary to its parent is eliminated, th
    13·1 answer
  • After Juan wrote down the week's tasks, schoolwork, and after-school activities in his assignment notebook, he highlighted all t
    11·2 answers
  • Waterway Industries can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Uni
    9·1 answer
  • Classify each of the following as a(n) Operating Activity, Investing Activity, or Financing Activity. 1. Issuance of bonds. sele
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!