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viktelen [127]
3 years ago
11

Land of Many Lakes (LML) sells butter to a broker in Albert Lea, Minnesota. Because the market for butter is generally considere

d to be competitive, LML A. can choose quantity of butter that it produces but not the price at which it sells its butter. B. cannot choose either the price at which it sells it butter or the quantity of butter that it produces. C. can choose both the price at which it sells its butter and the quantity of butter that it produces. D. can choose the price at which it sells its butter but not the quantity of butter that is produces.
Business
1 answer:
Mice21 [21]3 years ago
3 0

Answer:

A. can choose the quantity of butter that it produces but not the price at which it sells its butter.

Explanation:

Taking into consideration the characteristic of the market explained in the exercise we would say that it is a Competitive Market.

One of the characteristics of a Perfect Competitive Market is that the price of the products is determined by the market, which means that no single seller can't change or influence the price on its own.

Hope it helps. Good luck.

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A(n) ________ is defined as a distinct unit within a brand or product line distinguishable by size, price, appearance, or some o
PSYCHO15rus [73]

Answer:

The correct answer is stockkeeping unit.

Explanation:

In the field of inventory management, an inventory maintenance unit or SKU refers to a specific item stored in a certain place. The SKU is considered the most disaggregated level when talking about inventory. It is assumed that the units stored in the same SKU are indistinguishable. The introduction of the SKU concept simplifies most inventory control operations. SKUs are sometimes used to designate intangible items, as guarantees; however, in this article we will focus on SKUs that designate tangible items.

8 0
3 years ago
Which sales channel is projected to top $450 billion within the next several years?
pshichka [43]
According to one source from the internet, the cross-border sales is projected to top $450 within the next 5 years.  Cross-border trade is the process of buying and selling of products, selling goods and services between business domestically or in the neighborhood countries.
6 0
4 years ago
In a statement of cash flows, interest payments to lenders and other creditors should be classified as cash outflows for a. oper
Sonbull [250]

Answer:

The correct answer is letter "A": operating activities.

Explanation:

Operating Activities are the daily processes conducted by a company to generate income. They pertain to the company's core business activity such as sales and manufacturing and they provide most of the cash flow that determines whether a business is profitable.

When it comes to the Financial Statements the situation is not different. Interest payments to lenders and other creditors can be part of the day to day activity of a company. That is the reason why they are recorded in the operating activities section.

3 0
3 years ago
What is the total account dept as of the statement date called?
madreJ [45]

The total account Dept as of the statement date is known as the balance.

3 0
3 years ago
Which of the following describes a positive organizational culture? ANSWER Unselected Expresses the core values that a majority
aliina [53]

Answer:

Unselected Emphasizes building on employee strengths, rewards more than it punishes, and emphasizes individual vitality and growth.

Explanation:

The organization's culture means the behavior in an organization. It includes the benefits that are shared among people, the values that are created by the leaders and the same is being communciated via different methods

So as per the given situation, the positive organization structure represent the strength of the employees, rewards, growth of an individual

Therefore the above represent the answer

5 0
3 years ago
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