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2 years ago

Describe an example of a company that manufactures a product.

1 answer:

5 0

<span>In the current generations, a lot of companies are competing in the market.
Here are some examples of Companies and their product:
Nestle – A manufacturing company that produce consumables.
                => Milo
                => coffee
                => milk

Microsoft – an IT manufacturing company that produce different technology
                => Operating systems
                => software
                => hardware
Apple – another IT manufacturing company that produce technology and gadgets
                => phones
                => IPhone
                => tablets
NCR – a research and development company that produce product like:
                => ATM machines
                => Point on sales
                => Printers, inks</span>

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A fast-food restaurant decides to raise the price of its hamburgers. assume the firm is in a monopolistically competitive indus

Lena [83]

<span>A fast-food restaurant decides to raise the price of its hamburgers. assume the firm is in a monopolistically competitive industry. what will happen to the demand for its hamburgers? When the fast-food restaurant raises the price of hamburgers, some customers may stay and pay the higher price because they want that specific brand of hamburgers, other may go elsewhere to find them cheaper.

When prices raise, some customers stay because they are attached to that specific company, others leave because they want a burger but for a lower price.
</span>

3 0

2 years ago

Borrowers choosing an adjustable-rate mortgage

Leviafan [203]

Answer:

okok

Explanation:

3 0

2 years ago

A firm pays Pam $40 per hour to assemble personal computers. Each day, Pam can assemble 4 computers if she works 1 hour, 7 compu

kherson [118]

Answer:

$1,840

Explanation:

In order to calculate the Marginal cost of producing the computers in 2nd hour of work, we need to add the marginal cost of computer and marginal cost of wage in the 2nd hour of work.

MC = MC(computers) + MC(wage)

MC = $1,800(w) + $40

MC = $1,840

Working

MC (computers ) = 3 x 600$ = $1,800

hour computers assembled

1st 4

2nd 7

If pam works 2 hours she can assemble 7 computers but she already assembled 4 computers in 1st hour.

So the 2nd-hour computers will be 3 ( 7 - 4) computers.

4 0

2 years ago

Explain the link between scarcity and each of the followin

Leto [7]

The link between the Scarcity and choice is the study of how individuals and society choose to allocate scarce resources.

<h3>What is the Meaning of Scarcity?</h3>

Scarcity refers to the insufficient or the shortage of the resources with the individual or in the particular nation. For Example In any Industry there is the shortage of the skilled workers.

The complete question is attached below.

The link between the Scarcity and the Opportunity Cost is that it has the direct implication on the scarcity. In decision making process, one must has to sacrifice the opportunity cost of that action.

The link between the Scarcity and competition is due to the Lack of resources which forces people to compete for the limited resources that are accessible because there aren't enough to satisfy everyone's wants.

Additionally, people would compete for the rationing tool, such as money, whatever it may be.

Learn more about Scarcity here:

brainly.com/question/13186252

#SPJ1

8 0

1 year ago

An award of _____ performance orders the breaching party to perform the acts promised in a contract.

Andreas93 [3]

I think the answer is A or D

5 0

2 years ago