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Marizza181 [45]
4 years ago
10

What does the law of increasing costs state?

Business
1 answer:
barxatty [35]4 years ago
8 0

Answer:The answer is D

Explanation:

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Which of the following is a supporting activity in the value chain? a. Logistics b. Marketing and sales c. Accounting d. Product
Alisiya [41]

Answer:

c. Accounting

Explanation:

Value chain refers to various linked activities in creating a product wherein at each stage, certain value is added. The concept was given by Michael Porter.

Porter divided the value chain activities into two groups i.e primary activities and secondary or support activities.

As the name suggests, support activities refer to those activities which aid or support the primary activities.

One of the support activities mentioned by Porter is the Infrastructure, which includes accounting function of an enterprise.

7 0
4 years ago
Assume that marginal revenue equals rising marginal cost at 100 units of output. At this output level, a profit-maximizing firm'
shtirl [24]

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

3 0
3 years ago
Assets Liabilities
Jobisdone [24]

Answer:

b. $40,000

Explanation:

Calculation for What additional money Carland National Bank can create

Using this formula

Additional money=Total Reserves-(Demand Deposits*Reserve requirement percentage)

Let plug in the formula

Additional money = $60,000 -( $200,000*10%)

Additional money = $60,000-$20,000

Additional money = $40,000

Therefore the additional money Carland National Bank can create will be $40,000

3 0
3 years ago
George, a chef and owner of a popular restaurant, is always visiting his competition to observe how they are doing things in the
Vedmedyk [2.9K]

George is utilizing competitive intelligence. This is a strategy in which the individual made use of gathering, defining and as well as analyzing their customers, competitors or products by means of helping improve his or her own business and to make strategic decisions that would be best for one’s business or company.

7 0
3 years ago
A store that sells books and a store that sells tools are what type of competitors? (Select the best answer.) Indirect competito
boyakko [2]
These are known as indirect competitors
3 0
4 years ago
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