Economists believe that an activity should be continued up to the point where

Airbnb, a room-sharing site, offers more rooms than Marriott. Goldman Sachs suggests that the supply of new rooms over the next

alexandr402 [8]

Answer:

C) The threat of new entrants.

Explanation:

Porter's Five Forces: It's an analysis helpful for the industries to get the understanding of the loopholes and their weaknesses. Porter suggested that anytime a company goes down, there would be one force involved among the following five forces.

Threat of new entrants.
Bargaining power of buyers.
Threat of substitutes.
Rivalry among existing competitors.
Bargaining power of suppliers.

In our case:

Threat of new entrants force is involved: There is always a threat to the existing companies of the new company entering the market. Some companies doesn't take them seriously and ends up getting damaged. And, as the Goldman suggests that new supplies of the rooms in coming years will hurt the existing companies. So they must act on this information and make a decision to change the event for their own better.

4 0

4 years ago

LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.5 hours of direct labor at the r

swat32

Answer:

The correct option is D

Labour budget = $1,974,175

Explanation:

The labour budget is the product of the standard labour cost per unit and the budgeted production in units

Labour budget = standard labour cost× production budget in unit

The production budget can bed determined by adjusting the sales budget for closing and opening inventories.

Production budget = Sales budget +closing inventory - opening inventory

Production budget = 39,000 + 100 -200 = 38,900 units

Labour budget = $14.50× 3.5× 38,900 = $1,974,175

Labour budget = $1,974,175

6 0

3 years ago

Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $219,400 $585,000 Variable costs 88,000

coldgirl [10]

Answer:

Beck Inc. and Bryant Inc.

Beck Inc. Bryant Inc.

a. Operating leverage 0.4 0.1

b. Increase in income $19,710 (27%) $35,100 (18%)

c. The difference in the INCREASE of income from operations is due to the difference in the operating leverages. Beck Inc.'s HIGHER operating leverage means that its fixed costs are a HIGHER percentage of contribution margin than are Bryant Inc.'s.

Explanation:

a) Data and Calculations:

Beck Inc. Bryant Inc.

Sales $219,400 $585,000

Variable costs 88,000 351,000

Contribution margin $131,400 $234,000

Fixed costs 58,400 39,000

Income from operations $73,000 $195,000

Total costs $146,400 $390,000

Operating leverage 1.8 1.2

Operating leverage = Contribution Margin/Income from operations

Increase in Sales by 15%

Beck Inc. Bryant Inc.

Sales $252,310 $672,750

Variable costs 101,200 403,650

Contribution margin $151,110 $269,100

Fixed costs 58,400 39,000

Income from operations $92,710 $230,100

Increase in income $19,710 (27%) $35,100 18%

3 0

4 years ago

Stagflation might be caused by a increase in the money supply. b increase in the price of raw materials. c decrease in the money

just olya [345]

Answer:

increase in the price of raw materials

Explanation:

Stagflation is a period of both persistent high inflation and decline in gross domestic product of an economy.

Inflation occurs when general price level rises.

Stagnation is caused by a fall in production of goods and services in the economy. An increase in the price of raw materials can discourage production.

I hope my answer helps you

8 0

3 years ago

What non-price determinant is causing the curve to shift? choose the specific letter in the correct acronym

jolli1 [7]

The non-price determinant of the number of sellers in the market is causing the curve to shift

Demand curve shifts occur when demand determinants other than price change. It occurs when the demand for goods and services changes, even if the price does not change.

To understand this, we first need to understand what the demand curve does. Record the demand plan. This is a detailed chart showing the number of units purchased at each price. It follows the law of demand that people buy fewer units as prices go up. Unless nothing else changes, a business principle is called ceteris paribus. This means that all demand determinants other than price must remain the same.

Learn more about Demand Curve here: brainly.com/question/14297698

#SPJ4

7 0

2 years ago