<span>in this type of industry, smaller rivals trying to enter the industry </span>will have much higher average costs.
As a result, it is almost impossible for a new business to come and compete with the large players that already conquered the market for a long period of time because the end cost of their products that arrive for the customers will be significanty higher than their competitors
Answer:
I don't understand what you are asking
Answer:
Texas will be a better option as the net pay after income tax is higher than the other cities.
Explanation:
To consider the after-tax wages we must subtract the income taxes from the salaries:
Pennsylvania after tax income: 62,000 x (1-3.07%) = 60,096.6
Texas after tax income: 64,000
New York after tax income: 68,000 x ( 1 - 6.85%) = 63,342
Downsizing is the reduction of employees in a company's payroll. It involves the elimination of some positions and thus reducing the operational cost of the company. The given statement "Downsizing describes the practice of companies shifting their production overseas" is false. Downsizing does not<span> describe the practice of companies shifting their production overseas</span>
The price elasticity of supply is given by a similar formula: If the percentage change in quantity demanded is greater than the percentage change in price, demand is said to be price elastic, or very responsive to price changes.