Answer:
B) Leave the equilibrium price unchanged.
Explanation:
Oligopolistic market is the arrangement where few companies offer same product to the customers. There is very less competition in the market so every supplier has fair chance for operating their business successfully. The kinked demand model curve in oligopolistic market would leave the equilibrium price unchanged.
Answer:
The answer is B.
Explanation:
Gross profit is the difference between a company's net sales or total revenue and cost of sales or cost of goods sales.
Sales revenue is $433,000
Cost of Goods Sold is $240,000
Remember that Gross profit is Sales revenue - cost of goods sold.
Sales revenue----------------------------$433,000
Minus: Cost of Goods Sold----------$240,000
Gross profit--------------------------------<u>$193,000</u>
Answer:
the economic order quantity is 845 units
Explanation:
The computation of the economic order quantity is shown below;
As we know that
Economic order quantity is
= √2 × √annual demand × √ordering cost ÷ √carrying cost
= (√2 × √6750 × √$225) ÷ (√4.25)
= √3,037,500 ÷ √4.25
= √7,14,705.88
= 845 units
Hence, the economic order quantity is 845 units
Well you would describe what you find important as an example good hygiene, interests are self explanatory, personality traits is a trait about you example leader or hard worker, and skill are what you are good at example fast typing or leadership.
Answer:
The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners
Explanation:
Opening a franchise is often considered a lower risk for an entrepreneur than setting up a new business because of "The opportunity to grow under a famous brand and enjoy the advantages of a larger group of business owners."
Other benefits to derived include:
1. There is operational support from the franchisor during the lifetime of the business arrangement, which may cover finances, training, accounting, etc.
2. The franchisee's management abilities can be enhanced without extra cost
3. Transactions established on proven and famous brands.
