<span>If an increase in the supply of a product in the market results in a decrease in price, but no change in the quantity traded, then the quantity of products will be growing and growing in the stock. this will again lead to a decrease in price and consumes more time to sale their stock. This will create a heavy loss to the investor. It may be overcome by innovative thoughts such as stopping the production of current product and launching a new product with available materials. So that it will balance the production and sale.</span>
Answer: Product development is the complete process of delivering a new product or improving an existing one for customers. The customers can be external or internal within a company.The objective is to ensure that the new or enhanced product satisfies a real customer needs
Explanation:
Answer:
A)$135,000
Explanation:
service fee 250
average wage 175
contribution 75 this is the ammount generate per hour billed
expected hours billed for the year 10,000
hours x contribution per hour = total contribution
10,000 x 75 = 750,000
Operating cost <u> (615,000) </u>
Earnings before taxes 135,000
Answer:
Debit Bank; Credit Accounts Payable
Debit Repair Expense; Credit Accounts Payable
