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xeze [42]
3 years ago
8

In 1 or 2 sentences, describe the effect of competition on prices of items being sold.

Business
1 answer:
yuradex [85]3 years ago
8 0

Competition has an impact on prices of items being sold such that when competition is high, prices can get lower. This is because you want to keep up with other players and present your items as the affordable kind. when competitiion is low, prices are higher because your demand is high
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Which statement best describes the variety of workplaces commonly found in the Health Science career cluster? A. Workplaces in t
Mars2501 [29]

People who work in Health Science career clusters can expect a career that deals with promoting health to treating diseases. Some examples of professions in this cluster include dietitians, neurologists, and biomedical engineers. With a wide variety of professions that are included in this cluster, the workplaces where these individuals can work are also equally as diverse.

Thus, the best answer for the question is (C) workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices.

8 0
3 years ago
Read 2 more answers
Kristen Lu purchased a used automobile for 8,000 at the beginning of last year and incurred the following operating costs:
love history [14]

Fixed cost per mile 0.32 =(1600+1200+360+40)/10000.

Kristen Lu purchased a second user automobile for 8,000 at the start of last year and incurred the subsequent operatingcosts:8,000atthebeginningoflastyearandincurredthefollowingoperatingcosts ($8,000 ÷5 years) Insurance Garage rent Automobile tax and license Variable operating cost​$ 1.600 $ 1.200 $ 360 $ 40 $ 0.14 per mile​$The variable expense consists of gasoline, oil, tires, maintenance, and repairs. therefore the annual straight-line depreciation is$1,600.

The car is kept in a very garage for a monthly fee. Kristen drove the car 10,000 miles last year. Compute the typical cost per mile of Owning and operating cost of the the car.  What costs above are relevant during this decision? Kristen is considering buying an upscale sports car to interchange the car she bought last year.

She would drive the identical number of miles irrespective of which car she owns and would rent the identical parking zone. The sports car's variable operating costs would be roughly identical because of the variable operating costs of her old car.

learn more about operating cost: brainly.com/question/2115053

#SPJ4

3 0
1 year ago
Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The
soldier1979 [14.2K]

Answer:

A) $2.50 per direct labor-hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

Estimated manufacturing overhead = Rent on factory building  + Depreciation on factory equipment + Indirect labor + Production Supervisor's salary

= $15,000 + $8,000 + $12,000 + $15,000

= $50,000

And, the estimated direct labor hours is 20,000

So, the rate is

= $50,000 ÷ 20,000

= $2.5 per direct labor-hour

8 0
3 years ago
the hire purchase price of a table And chairs is shilling 16800 with 25% paid as a deposit .the rest is spread over 12 equal mon
ZanzabumX [31]

Answer:

shillings . 4,200

Explanation:

The hire purchase price Shs. 16,800

The deposit is 25% of 16,800

= 25/100 x 16,800

=0.25 x 16,800

=Shs. 4,200

4 0
2 years ago
Western Electric has 23,000 shares of common stock outstanding at a price per share of $57 and a rate of return of 14.2 percent.
Over [174]

Answer:

The firm's weighted average cost of capital if the tax rate is 34 percent is 12.69%

Explanation:

total assets = common stock value + preferred stock value + debt

                   = 23000*57 + 6000*48 + 350000*102%

                   = 1956000

WACC

= (common stock value/total assets) * common stock rate of return

+ (preferred stock value/total assets) * preferred stock rate of return

+ (debt value/total assets) * yield to maturity of debt * (1-tax rate)

= (1311000/1956000)*14.2%  + (288000/1956000)*7%  + (357000/1956000)*8.49*(1 - 34%)

= 12.69%

Therefore, The firm's weighted average cost of capital if the tax rate is 34 percent is 12.69%

4 0
3 years ago
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