The value of what businesses provide to other businesses is captured in the final products at the end of the production chain. During the production chain the product goes through various steps to reach its end result. Each step in the chain adds more value to the product. Once it reaches the end of the chain the true test is the value it provides to business that ends up using the item. An example of this is a home being built. During each stage of the home building process the home is getting closer to its true test, when the owners move in. From the floor being poured to the walls going up, each step makes the house closer to becoming someones home.
Answer:
50,500 Units
Explanation:
The computation of the number of units produced is shown below:
Overhead rate is
= $200,000 ÷ 50,000 units
= $4 per unit
The Actual overhead is $222,000
So,
Under applied overhead is $20,000
Now
Applied overhead is
= $222,000 - $20,000
= $202,000
And, finally
Actual unit produced is
= $202000 ÷ 4
= 50,500 Units
Answer:
(C) target market
Explanation:
The group of people for which a product is designed and aimed to is the product's target market. In this case, Topik is a product that aims to sell to blue-collar workers who earn less than $30,000 per year, are divorced, and who like to think of themselves as weekend athletes, which is the product's target market.
The answer is (C).
The Bureau of Competition federal agency reviews mergers and acquisitions, and challenges those that would likely lead to higher prices, fewer choices, or less innovation.
The FTC's Bureau of Competition is the section in charge of cracking down on and preventing "anticompetitive" corporate activities. This is achieved through the application of antitrust laws, examination of prospective mergers, and research into other non-merger business practices that can harm competition. Vertical constraints, which include agreements among firms at various levels of the same sector, and horizontal restrictions, which involve agreements between direct competitors, are two examples of these non-merger procedures (such as suppliers and commercial buyers).
Antitrust law enforcement is shared by the FTC and the Department of Justice. The Department of Justice's Antitrust Division has the authority to pursue both civil and criminal antitrust actions, despite the fact that the FTC is in charge of the civil enforcement of antitrust statutes.
Learn more about Bureau of Competition, here
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