Answer:
The correct answer would be option B, GreyHound Bus System.
Explanation:
Greyhound Bus System is considered to be the generic competitor for Southwest Airline. Generic competitors are the ones who have different products or provide different services but the purpose of the product or service remains the same.
So the Greyhound Bus System and Southwest Airline both provide different services, as Greyhound bus system allows travelling through bus while Southwest Airlines allow travelling through aircraft, but the purpose of both the companies remain same, which is to travel or to transport people from one place to another. So these both companies will be the generic competitor of each other.
Answer:
Total cost $24.44
Explanation:
Sardi Inc.
Make
Direct materials$10.00
Direct labor7.00
Variable manufacturing overhead 2.80
Fixed manufacturing overhead (30% × $4.80 is avoidable)1.44
Opportunity cost ($6.40 per unit ÷ 2 minutes per unit) × 1 minutes3.20
Total cost $24.44
Therefore the cost of making the component should be compared to the price of buying the component at $24.44
The natural level of output is the amount of real GDP produced b. when the economy is at the natural rate of unemployment.
Real GDP is essentially a measure of a country's total economic output, adjusted for changes in prices. The value of real GDP reflects a country's economic statistics at a macro level.
When real GDP produces natural output, that is, the output level is in line with the equilibrium of the labour market when the real price level is equal to the expected price level. Then the economy makes the most of its productivity, including fully utilized labour, which means that the economy is at the natural rate of unemployment.
Find out more on the natural rate of unemployment at:
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Answer:
Because It's a country of high unemployment and poverty rates despite having an abundance of goods and natural resources and being recognised as one of the largest industrialised countries in Africa in both wealth and GDP
Answer:
Total cash collection= $246,400
Explanation:
Giving the following information:
Sales:
September= $260,000
October= $375,000
The company expects to sell 30% of its merchandise for cash.
Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale.
<u>Cash collection October:</u>
Sales on account October= (375,000*0.7)*0.8= 210,000
Sales on account Septembre= (260,000*0.7)*0.2= 36,400
Total cash collection= $246,400