How is the law of increasing costs similar to the concept of decision making at the margin?

Select an e-commerce company. Visit its website or mobile app and describe its business model based on the information you find

qwelly [4]

Explanation:

The e-commerce site visited was from Adidas, one of the largest sporting goods companies in the world. The value proposition that the company offers to the client is the creation of a marketing focused on the young and modern public, which can be seen on its website, where young models with a cool look use the brand's sneakers and clothing, always with a lot of youthful color and personality. The brand also creates value using influential marketing, sponsoring major celebrities and sports around the world, being a very strong brand and recognized for its values. The company has comparative advantages with competing companies in the sports segment, due to the fact that Adidas seeks a new look and refinement for its products, which can be seen in its collections where there are partnerships with several famous designers and personalities.

There is information about the company at the bottom of the page, which reveals about its multifaceted, simple and fast organizational structure, as written on the website, which reinforces the company's global values.

5 0

3 years ago

A service provided by -e-government that requires access to the Internet is _____.

Serjik [45]

Answer:

B. E-tax returns

Explanation:

E-tax returns is the electronic filing of tax returns via the internet. It entails online submission of pre-approved tax return forms available on the tax authority's website.

In recent years, governments have put measures to facilitate e-returns. It has simplified the process making it popular among taxpayers. Electronic tax filing has have contributed to having a high number of citizens registering as taxpayers.

8 0

3 years ago

(a) Argue whether or not a firm should continue production if its MR is lower than its AVC. (b) Support your argument with expla

Delvig [45]

Answer: A firm should not continue production when its MR is lower than its AVC.

Explanation:

The goal of every firm is to minimize cost and also maximize profits and therefore the firm will operate at the output level where the marginal revenue and the marginal cost equates.

A firm should not continue production when its MR is lower than its AVC. Here, the firm will incur a higher loss during production as producing will not offset the variable cost. Therefore, it's better to shut down.

4 0

3 years ago

Park Ridge Company is considering the replacement of a machine that is presently used in production. The following data are avai

Ainat [17]

Answer:

The Relevant Cost for Five Years $52,000.00

Explanation:

‘Relevant costs’ can be defined as any cost relevant to a decision. A matter is relevant if there is a change in cash flow that is caused by the decision.

The Park Ridge Company's Relevant Old Machine Cost for Five Years is

Disposal value now $32,000.00

Annual cash operating costs $20,000.00

Relevant Cost for Five Years $52,000.00

Old Machine

Original cost $200,000 is Sunk Cost

Useful life in years 10 5 - Will be used for the calculation of Depreciation, Therefore is an Irrelevant cost

Current age in years 5 0 - irrelevant year

Book value $100,000 - are not cash flows and so are not relevant.

Disposal value now $32,000 -

Disposal value in 5 years 0 is without a cost

4 0

3 years ago

Inâ€‹ 2011, Kendallâ€‹ Ford, an automobileâ€‹ dealership, spentâ€‹ $20,000 on a new car lift for its repairâ€‹ shop, $2,000 on a

Lilit [14]

Answer:

$522,000

Explanation:

The computation of the Kendall Ford's total investment spending in 2018 is shown below:

= Dealership spent + repairing cost + unsold cars and trucks were valued i.e closing cost - unsold cars and trucks were valued i.e opening cost

= $20,000 + $2,000 + $900,000 - $400,000

= $522,000

The $600,000 would be ignored and the rest cost are taken for the computation

4 0

3 years ago