If you are solving for x, x should be -8.5
Answer:
The correct answer is E
Explanation:
Competitive advantage is the advantage which the firm or business attains when they create more value than the other firms by the strategic position of the lower costs or the greater benefits.
It focus on increasing or rising the wedge among what the customers are willing to pay and the cost or expense that the firm incurs.
So, the firm could develop the advantage through producing superior products at the lower cost, raise the willingness to pay the great deal with slight for increasing the costs and also develop the large cost savings.
Answer: Option(b) is correct.
Explanation:
Correct Option: Avoidable fixed costs.
A relevant costs refers to the costs that are related to the particular management decision and these costs will change in future corresponding to the change in decisions. While making a decision, relevant costs includes only avoidable costs and incremental costs which helps businesses. It helps in removing extraneous information from a procedure of decision making.
Answer: A; D
Explanation: The Keynesian perspective emphasizes the importance of aggregate demand for the short run and states that demand creates its own supply. Say's law emphasizes the importance of aggregate supply, for the long run and holds holds that supply creates its own demand. As a result, Keynes' law is the direct opposite of Say's law.
Keynes argued that economy often produced less than its full potential due to a lack of demand in the economy. This lack of demand as a whole leads to inadequate incentives for firms to increase production, that is, total demand determines the level of GDP.
