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xenn [34]
3 years ago
6

Identify an industry with high fixed costs in the short run

Business
1 answer:
Ganezh [65]3 years ago
6 0

The answer is: Car manufacturers

An industry that have high fixed costs in the short run would be the industry that has to put a high price tag for their products.

Car manufacturers need to provide a high number of capital on the early stage of investments to purchase machines and factory spaces that essential for the efficiency of the production. Due to this hard requirements, there is very little new company enter the competition in car manufacture industries in recent centuries.

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Help
lana66690 [7]
<h2>Law providing incomplete answer</h2>

Explanation:

1. Lack of competition : This is not the right answer because no business culture will be set up in such a manner to decrease the level of competition. Because employees needs to be competitive for bringing success to the organization.

2. Law providing incomplete answers : This is the right answer.

3. Stagnant or decreasing profit: Business always focuses on profit. So this

4. Lack of strong leadership : Any business culture will only uplift the leadership to both promote individual and the organization.option stands invalid.

4 0
4 years ago
Assume that the price elasticity of demand for movie theatres is -.85 during the evening shows but for afternoon shows the price
geniusboy [140]

Answer:

The correct answer is option B.

Explanation:

A price elasticity of demand is always negative for normal goods. It indicates that the price increase causes demand to fall.

The price elasticity less than 1 means demand is less elastic or inelastic. In other words, a change in price will lead to a smaller change in demand.

Similarly, a price elasticity greater than 1 means demand is highly elastic. So a change in price will lead to a greater change in demand.

Since, afternoon shows have less elastic or inelastic demand, the theatre should charge higher price for them.

While, the evening shows are highly elastic so the theatre should charge lower price.

In this way theatre can maximize total revenue.

4 0
3 years ago
Meredith is stuck in the airport on a long layover while traveling for work. She sees two Wi-Fi’s she can log onto: one says Air
KATRIN_1 [288]
<span>Meredith should first try to log in to Airport Wi-Fi if she has the credentials as this Wi-Fi would be more secure and therefore more desirable for paying bills as this is a sensitive transaction that may expose her personal information to identity theft. However, most regular passengers at the airport may not have the credentials t log into the airport Wi-Fi and this is why the airport makes a free Wi-Fi service available to customers. However, Meredith should be aware that anyone will have access to the free Wi-Fi and therefore signing on to that Wi-Fi can put her personal data at risk.</span>
6 0
4 years ago
The ________ method of developing a pro forma income statement forecasts sales and values for the cost of goods sold, operating
Natalija [7]

Answer:

Percent of sales

Explanation:

A pro forma invoice contains a description of goods and services that is being provided by the supplier.

It is sent to the buyer before shipment of the product.

The pro forma invoice also contains information like the eight of the good and shipping cost.

The percentage of sale method of preparing pro forma invoice focuses on the amount of funding that is required to increase sales.

This method forecasts sales and values for the cost of goods sold, operating expenses, and interest expense that are expressed as a ratio of projected sales.

4 0
3 years ago
Read 2 more answers
A U.S business sells milk to consumers in France. Which situation would most likely cause demand for milk to rise in France?
love history [14]

Answer:

Cheese and other milk products gain popularity in France

I hope this helps you

:)

3 0
2 years ago
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