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3 years ago

Growth has which positive effect for businesses?

Business

1 answer:

Crank3 years ago

3 0

Answer:

A. It widens the area inside the frontier on a production possibilities

curve.

Explanation:

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The five forces model suggests that firms should target the industry with the highest potential for above-average returns and th

EastWind [94]

Answer: True

Explanation:

The following given statement is true. Porter's Five Forces model is referred to as or known as the framework for evaluating or analyzing an organization's competitive environment. The power and number of an organization's competitive rivals, suppliers, new market entrants, customers, and the substitute products, commodity influence an organization's profitability.

6 0

3 years ago

The Huffington Post generates revenue by providing ad-supported content such as news, blogs, entertainment, and commentaries.

iogann1982 [59]

Answer:

The answer is: A) To inform or entertain its audience

Explanation:

The Huffington Post generates revenue by selling ad-supported content, but that is not the mission of the company.

The main reason of any company to exist, including the Huffington Post, is to satisfy their customers' needs. In this case, the Huffington Post satisfies its clients' needs for entertainment and information.

5 0

3 years ago

G.R. Dry Foods Distributors specializes in the wholesale distribution of dry goods, such as rice and dry beans. The firm’s manag

slamgirl [31]

Answer:

d. The price will decrease, because dry beans and rice are inferior goods.

Explanation:

the options are missing, so I looked them up:

a. The price will decrease, because dry beans and rice are normal goods.

b. The price will increase, because dry beans and rice are normal goods.

c. The price will increase, because dry beans and rice are inferior goods.

d. The price will decrease, because dry beans and rice are inferior goods.

Inferior goods are those goods whose quantity demanded decreases as consumer income increases. This happens because inferior goods have several substitute products that cost more, but as consumer income increases, consumers will tend to purchase the more expensive substitute goods instead of the cheaper inferior ones. I.e. as consumer income increases, they will seek to purchase higher quality goods, and inferior goods are generally low quality goods that are mostly purchased by people located at the lower socio-economic classes. Other examples of inferior goods are canned meat, instant noodles and cheap frozen foods.

Since the quantity demanded of inferior goods decreases as the economy improves, the demand curve shifts to the left, which will result in a lower equilibrium price.

7 0

3 years ago

5. When increased raw material costs increase prices for consumers, the situation is known as _______ inflation.

Bogdan [553]

5. C. cost push
6. A. Demand
7. A. Law of Demand
8. A. The product isn't a Necessity
9. C. Demand

7 0

3 years ago

Read 2 more answers

Gundy Company expects to produce 1,304,400 units of Product XX in 2020. Monthly production is expected to range from 87,000 to 1

Inessa05 [86]

Answer:

Gundy Company

Manufacturing Flexible Budget Report

For the Month Ended March 31, 2020

Budget Actual

Units produced 107,000 107,000

Variable Costs:

Direct Materials $428,000 $455,000 $27,000 U

($4 * 107,000)

Direct labor $749,000 $746,000 $3,000 F

($7 * 107,000)

Overhead $963,000 $971,000 $8,000 U

($9 ×* 107,000)

Total variable costs $2,140,000 $2,172,000 $32,000 U

Fixed Costs:

Depreciation $434,800 $434,800 $0

Supervision $108,700 $108,700 $0

Total fixed costs $543,500 $543,500 $0

Total costs $2,683,500 $2,715,500 $32,000 U

Workings:

Depreciation = (1,304,400 * $4) / 12 = $5,217,600 / 12 = $434,800

Supervision = (1,304,400 * $1) / 12 = $1,304,400 / 12 = $108,700

3 0

3 years ago