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3 years ago

Which is most likely to be a long run adjustment or a firm that manufactures golf carts on an assembly line basis?

Business

1 answer:

lapo4ka [179]3 years ago

8 0

Answer:

(d) a change from the production of golf carts to motorcycles

Explanation:

In the long run, a manufacturing entity should be considering options that will increase their profitability. To be more profitable , the firm must increase its output and its market share. A firm manufacturing golf carts should diversify into sectors that provide broader markets.

From the option provided, a firm manufacturing golf carts is most likely adjust to the production of motorcycles in the long run. Golf carts are used in golf clubs only to transport golfers and their equipment. They have a restricted market, unlike motorcycles, which can be used by a bigger percentage of the population. Adjusting to motorcycles presents an opportunity for potential growth in market share and profitability.

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Suppose a coalition of students from Lincoln High School succeeds in persuading the local government to impose a price ceiling o

kiruha [24]

Answer: Hi your question is incomplete attached below are the missing details

answer :

A) 16 used DVDs

B) i) $18

ii) $6

iii) $8

Explanation:

A) Determine the weekly shortage of used DVDs due to ceiling price = $11

shortage = Quantity demanded ( H ) - Quantity supplied ( F )

at ceiling price of $11 ; quantity demanded = 20 , Quantity supplied = 4

= 20 - 4 = 16 used DVDs

B) i) New consumer surplus = ADLK

ADLK = ∠ ABK + BKLD

= 1/2 * 4 * 1 ) + ( 15 - 11 )*4 = $18

ii) New producer surplus = DLE

DLE = 1/2 * 4 * ( 11-8 )

= $6

iii) Total economic surplus lost

ΔKJL = 1/2 ( 8 - 4 ) * ( 15 - 11 )

= $8

6 0

3 years ago

A small business produces a single product and reports the following data: Sales price $8.50 per unit Variable cost $5.25 per

ozzi

Answer:

The correct answer is Decrease by $5,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

First we calculate the previous operating income, by using following formula:

Previous operating income = ($8.5 - $5.25) × 10,000 units - $22,000

= $10,500

Now, we will calculate the current operating income by using following formula:

New operating income = ($7.5 - $5.25) 12,000 units - $22,000

= $5,000

So, the change in operating income can be calculated as

Change in operating income = New operating income - Previous operating income

= $5,000 - $10,500

= -$5,500 ( Negative shows Decrease)

= Decrease by $5,500.

8 0

3 years ago

What is letter of credit?

Naddik [55]

Answer:

a letter issued by a bank to another bank to serve as a guarantee for payments made to a specified person under specified conditions.

Explanation:

5 0

3 years ago

Which is an example of a proprietorship?

Solnce55 [7]

"C is correct answer." Gloria's flower shop is an example of a proprietorship. "Hope it helped you!" "Have a great day!" "Thank you so much!"

7 0

3 years ago

A new client of the member firm has just opened a margin account. After account approval, the client's initial trade is an order

Aleks04 [339]

Answer:

$2,000

Explanation:

Data provided in the question

Number of shares purchased = 100 shares

Price of common stock = $25

Given percentage = 50%

Based on the above information, there is no borrowing taken place in a margin account because there is a minimum requirement to maintain $2,000 in equity and when the purchase is made lower than $2,000 so it is important to pay the amount in full and the deposits are important when it is made more than $2,000 in the case when the trade is more than $4,000

7 0

3 years ago