Answer:
B. Increase in supply
Explanation:
These are the options for the question below;
A. Increase in demand B. Increase in supply C. Decrease in demand D. Decrease in supply.
Whenever there is increase in supply, then the price has reduced, then people Brenda to buy the products because of the reduce price.and that is what happen in this case.
Answer:
Distinguishing between employees and independent contractors is important because:
employers can defend their noncompliance with employment laws by proving that persons performing work are independent contractors.
Explanation:
Legally, an employer-employee relationship is governed by a contract of service. This is an agreement between an employer and an employee. The employee does not perform specific tasks or projects, but any tasks assigned to her by the employer from time to time, and she must present at all times to perform the assignment. On the other hand, the legal relationship between an entity and a self-employed person or an independent contractor is governed by a contract for service. In a contract for service, the independent contractor engages with the entity to carry out an assigned project for a fee.
Answer:
Variable cost per unit= $1.92 per car wash
Explanation:
Giving the following information:
$5,400, occurred in July when 2,700 cars were washed and the lowest bill, $3,100, occurred in February when 1,500 cars were washed.
To determine the variable cost, we need to use the high-low method:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (5,400 - 3,100) / (2,700 - 1,500)= $1.92 per car wash
Answer: conflicts that arise in corporations should be addressed in the legal realm(A)
Explanation:
The principal-agent problem is an important part of the agency theory, the principal-agent problem views the firm as a connection of legal contracts.
In this perspective, corporations are seen merely as set of legal contracts that exists between the different parties. The conflicts that may take place are to be addressed in the legal realm.
Answer:
Available options are:
A) Substantial capital investment and access to capital
B) Strong marketing capability
C) Reputation for high ethical standards.
D) Effective product engineering and innovative design
Answer: A) Substantial capital investment and access to capital
Explanation:
In business strategy, COST LEADERSHIP is establishing a competitive advantage by having the lowest cost of operation in the industry. Cost leadership is often driven by company efficiency, size, scale, scope and cumulative experience (learning curve). ... If so, that company would have a higher than average profitability.
A cost leadership strategy is a company’s plan to become a cost leader in its category or market.
Substantial capital investment and access to capital is a very reliable resources for implementing a cost leadership strategy.
