Someone must write a check
Answer:
D. $5,000
Explanation:
This deadweight in a lot of cases are seen to occur especially when demand and supply are not in equilibrium and in and in the above scenario, it is pegged at $5000. Therefore sometimes consumers experience shortages, and producers earn but they'd otherwise.
Taxes are also seen in the creation of deadweight loss because they prevent people from engaging in purchases they'd otherwise make because the ultimate price of the merchandise is above the equilibrium value. If taxes on an item rise, the burden is commonly split between the producer and therefore the consumer, resulting in the producer receiving less cash in on the item and therefore the customer paying the next price.
Answer:
I would suggest he decrease the sales price.
Explanation:
Because it will might make people rush the product due to its low price compared to other products of another brand.
The low price will create a high demand for the product therefore causing the quantity of the products being produced to increase.
The quality of the product will be very good since the quality is not being reduced only the price therefore it might result in not having the maximum profit needed.
Answer:
The correct answer is letter "A": industry-wide differentiation strategy.
Explanation:
An industry-wide differentiation strategy aims to broaden the scope of a business that is specially dedicated to the retail of products of a certain industry. The company keeps focusing on the same industry but supplying more related products consumers their typical consumers are likely to purchase. Part of the strategy implies reaching new markets, thus, investment in new locations might be necessary.
Answer:
$5572500
Explanation:
consolidated cost of goods sold for 2020 would be:
consolidated cost of goods sold = ( total of goods sold by bought company ) - ( intra-entity transfer ) + ( ending unrealized gross profit ) - ( beginning unrealized gross profit )
= ( 5400000 + 1200000 ) - ( 1000000 )+(1000000*20%)*20% - {(650000*15%)*(450000/650000)}
= 6600000 - 1040000 - ( 97500 * 45/65 )
= $5572500
