How is a change in the quantity demanded illustrated on the demand curve?

Define job rotation

LenKa [72]

Explanation:

the rotation the action of rotating an around axis center

6 0

3 years ago

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Wormwood, Ltd., produces a variety of furniture products. The planning committee wants to prepare an aggregate plan for the next

solmaris [256]

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7 0

3 years ago

When linking operations to business strategies, the order winner of the product imitator strategy, is _____ for the customer, wh

kupik [55]

Answer:

The question is incomplete, the options are missing. The options are the following:

a) Flexibility; price

b) Flexibility; quality

c) Quality; price

d) Price; quality

e) Price; flexibility

And the correct answer is the option E: Price; flexibility.

Explanation:

To begin with, in the field of business management the term known as "product imitator strategy" refers to a type of technique or strategy used by the companies in the situation where the want to reproduce a product that is imitating the product of the leader company of the industry. It is a very common and used method in most of the industries due to the fact that it happens when many companies try to produce a product that is similar to the ones of Apple for example. And when it comes to this strategy the most important matter for the customer is the price while for the for the product innovator strategy is the flexibility of it.

5 0

3 years ago

Head-First Company now sells both bicycle helmets and motorcycle helmets. Next year, Head- First expects to produce total revenu

AleksAgata [21]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Head- First expects to produce total revenue of $570,000

The total variable cost of $388,000.

The total fixed cost is expected to be $58,900.

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 58,900 / [(570,000 - 388,000) / 570,000]

Break-even point (dollars)= 58,900/0.3193

Break-even point (dollars)= $184,466.02

Contribution margin income statement:

Contribution margin= contribution margin ratio*sales

contribution margin= 0.3193*184,466.02= 58,900

Fixed costs= (58,900)

Net operating profit= 0

4 0

3 years ago

Kurt is a professional golfer, who use to work as an engineer. Aside from the money he enjoys both jobs equally. He earned $80,0

Irina-Kira [14]

Answer:Economic rent-$320,000

Opportunity Cost-80,000

Explanation:

Economic rent is the extra amount or addition earned by a production resource here and in this context,Mr Kurt is the resource.In this scenario,the extra amount he earned as a professional golfer having quit engineering for it and thus had a step-up(addition) of $320,000.

While the opportunity cost which known as the alternative forgone in order in favour of another alternative in a decision process here is $80,000.In this case,he had to forego engineering job($80,000) and therefore concentrate on professional golfing which paid him more(400,000) not omitting the fact that he could have engaged in the two jobs at same time.

3 0

4 years ago