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algol [13]
3 years ago
5

Luz manages a chain of bars and restaurants in a tri-county area that has recently experienced an economic boom because of frack

ing and high oil prices. What is most likely to happen when there is too much money in the tri-county economy?
Business
1 answer:
mixas84 [53]3 years ago
3 0

Answer:

an increase in prices.

Explanation:

When there is too much money in the economy due to high oil prices, prices tend to go up because surplus cash is pursuing few goods.

It is easy in this scenario to have prices double for some goods.

This is why where in areas where there is economic boom all prices go up from real estate to petty goods. This trend becomes the norm as residents take new price regime as normal.

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Regarding competitive strategies, companies seek efficient manufacturing and productive employees to achieve ___________.
hoa [83]

Answer:

D. differentiation.

Explanation:

Option A - Low-cost leadership refers to the strategy in which the customers are getting the products at a low cost. Companies seek to achieve cost leadership, but with efficient manufacturing and productive employees cannot help them to achieve that.

Options B and C - With local employees, it is challenging to achieve global operation, and focused differentiation is the selling of unique products to the customers. So, those are wrong answers.

Option D - With the help of differentiation strategy, companies seek effective manufacturing and productive employees to attract customers to take their products from the thousands of products in the market. Therefore, it is the correct answer.

8 0
3 years ago
Using the fixed-time-period inventory model, and given an average daily demand of 75 units, 10 days between inventory reviews, 2
viva [34]

Answer:

a. 863

Explanation:

Calculation for the order quantity

Order quantity = 75 x (10 + 2) + (1.64 x 8) - 50

Order quantity = (75 x 12) + (1.64 x 8) - 50

Order quantity= 900 + 13.12 - 50

Order quantity= 863.12

Order quantity = 863

Therefore the Order quantity will be 863

8 0
3 years ago
Which piece of information would you find on an income statement?
Tatiana [17]

The answer is cost of goods sold... brainliest plz

3 0
3 years ago
Chang Industries has 2,000 defective units of product that have already cost $14 each to produce. A salvage company will purchas
sleet_krkn [62]

Answer:

$20,000 income

Explanation:

<em>Computation</em>

Particulars                                                                 Amount

Sale Value of corrected product=                         $42,000.00

(2,000 * 21)

Less : Costs of Correction =                                   ($12,000.00)

(2000 * 6)

Less : Opportunity costs - Salvage Value Lost =  <u>($10,000.00)</u>

(2,000 * 5)

Incremental Revenue=                                             <u>$20,000.00</u>

4 0
3 years ago
If the production of oranges reduces global warming, then the equilibrium quantity of oranges will be_________the socially optim
creativ13 [48]

Answer:

B. lower than

Explanation:

As orange has a positive externality which cannot be included in the cost, the social optimal will be lower. That's because, neither the consumer will pay to benefit the entire society a higher price than their marginal utility or the producer produce when marginal cost exceed the marginal revenue

The government should try to subsidize the market to allow for a hiher quantity of organge an achieve the socially optinal quantity.

3 0
3 years ago
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