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saveliy_v [14]
3 years ago
7

To generate higher profit margins producers must work to do?

Social Studies
2 answers:
docker41 [41]3 years ago
7 0

The profit margin is the difference between the price charged for a good or service and the cost of producing it. Therefore it constitutes the profit for the producer.

<u>Two strategies can be followed to increase profit margins</u>

  • Lower average production costs: if the company is able to increase the efficiency of its production processes (for example, by introducing new organizatives techniques) it will be able to produce more units with the same amount of resources. Then the cost per unit produced decreases, and the company will earn a higher margin if continues charging the same price.
  • Product differentiation. The company introduces modifications in the product so that the perception that consumers have of it improves, and therefore consumers would be willing to pay a slighty higher price for purchasing that particular brand. If such modifications do not entail a larger increase in the cost per unit produced than the size of the price increase, then the firm will be able to increase its profit margins with this strategy.
Alex777 [14]3 years ago
4 0
Reduce the cost of the product's manufacturing costs & transportation costs?
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Shanta has frontal lobe damage. She is doing a problem solving task in which she has to choose the red object out of many choice
MrRa [10]

Answer:

Perseveration

Explanation:

Perseveration is the belief on which a person cling for a long time. The person new information about that that dis-confirm them but even then the person clinging on old information.

Every person wants to change that belief but their stubbornness remains unchanged.

For instance, there are many topics for debate such as the death penalty, Evolution, and abortion.

Thus here Shanta has displaying perseveration.

3 0
3 years ago
When half of his class earned D's and F's on the midterm exam, Professor Bush came back to the next class and delivered a stern
yKpoI14uk [10]

This question is missing the answer choices. I have found the complete question online. The choices are:

a) cooperative

b) dispositional

c) accusatory

d) situational

Answer:

These attributions, which were all b) dispositional attributions, did not really give any consideration to the fact that the students may have had other reasons for failing the exam that were beyond their immediate control.

Explanation:

<u>This question is related to the attribution theory, which analyzes how people try to find relationships of cause and effect, even there is none, to explain events or behaviors.</u> There are two ways in which people justify or explain something: the situational attributions and the dispositional attributions.

<u>Professor Bush is using the </u><u>dispositional attribution</u><u>. To him, the reason why the students failed is internal - a trait or characteristic the students possess. To his mind, they are lazy and undisciplined, and that is the sole cause of their bad grades.</u>

Professor Bush failed to consider any reasons outside the students themselves, any outside forces, which would be an example of situational attribution. For instance, students may be going through a hard time financially, or perhaps undergoing a lot of pressure and stress for some reason.

4 0
3 years ago
What happened at the battle of Monmouth
jeyben [28]

Answer:

The battle began badly for the Americans when Lee botched an attack on the British rearguard at Monmouth Court House. A counter-attack by the main British column forced Lee to retreat until Washington arrived with the main body.

Explanation:

3 0
3 years ago
1. What kinds of social situations might lead to the lack of internal or external controls?
maksim [4K]

1. lack of internal control

Take sex drive as example.

When one failed to hold the rushing hormone in blood veins,actions like over-intimated body touch or verbally harassments might occur.

To a more severe extent, illegally intercourse which against another's will might happen also.

2. lack of external control

Take gang war as example.

Despite the psychological reasons behind,

a group of bulk muscled men with some might carry weapons, tend to become an extremely tricky situation even just to start a tiny quarrel.

Without concerning laws and punishment afterwards, these violent movements shows the aftermath of ignoring society regulations.

4 0
3 years ago
How did the use of bronze and iron affect the ancient Chinese?
Nataly_w [17]

Answer:

the first one

Explanation:

they were able to make tools out of iron and bronze which helped them grow food faster which resulted in more food

7 0
3 years ago
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