Answer:
Formulating effective strategies and tactics to achieve the objective
Explanation:
This is usually done by gathering and analysing the required information to be able to formulate a strategy that would be implemented to achieve the vision and objective of the company.
Answer:
one way that a business would benefit from a low intrest rate is that there will be more customer because the borrowing rate is low
Explanation:
The number of buyers in the market for gardening equipment increases, this will impact the market for gardening equipment by increasing the demand for gardening equipments.
An increase in the price of a good or service always tend to decrease the quantity demanded. A decrease in the price of a good or service will increase the demand for the quantity
Demand is an economic concept which is related to the consumer's desire to purchase goods and services and he is willing to pay a specific price for them.
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Answer:
Net assets of smith family = $167,000
Explanation:
Given:
Net worth of smith family = $100,000
Net liabilities of smith family = $67,000
Find:
Net assets of smith family
Computation:
Net assets = Net worth + Net liabilities
Net assets of smith family = Net worth of smith family + Net liabilities of smith family
Net assets of smith family = $100,000 + $67,000
Net assets of smith family = $167,000
Answer:
economic profits = 0
so correct option is a)zero
Explanation:
given data
output = 100 units
total fixed cost = $600
total variable cost = $400
price of product = $10 per unit
firm produces = 100 unit
to find out
firm earn an economic profit of Group
solution
we know here Total revenue is
Total revenue = 10 × 100 =$1000
and Total cost is here
Total cost = $400 + $600
Total cost = $1,000
so economic profits is express as
economic profits = revenue - cost
economic profits = 1000 - 1000
economic profits = 0
so correct option is a)zero
