All categories

3 years ago

What are the advantages and disadvantages of producing a wide range of products by a business?

1 answer:

6 0

the advantages are that they have more products for more people and a broad range to make sure that people find what their looking for.

the disadvantages are that the company will have less of all of the items, the resources might be strained after all the items are made, all of the items could cost too much, and some other businesses might not like you entering the market, so they may launch the same items you are launching just with a retailed name and a lower price.

If this helps you then plz mark me the brainliest answer. ;)

You might be interested in

This chapter discusses many types of costs: opportunity cost, total cost, fixed cost, variable cost, average total cost, and mar

Murljashka [212]

Answer:

see below

Explanation:

a. What you give up for taking some action is called the opportunity cost.

b. Average total cost is falling when marginal cost is below it and rising when marginal cost is above it.

c. A cost that does not depend on the quantity produced is a fixed cost.

d. In the ice-cream industry in the short run variable costs includes the cost of cream and sugar but not the cost of the factory.

e. Profits equal total revenue minus total costs.

f. The cost of producing an extra unit of output is the marginanal cost.

3 0

3 years ago

Selzik Company makes super-premium cake mixes that go through two processing departments—Blending and Packaging. The following a

solmaris [256]

Answer:

Please see answers below

Explanation:

We know that ;

Beginning work WIP 10,000

Units started 170,000

a. Ending WIP 20,000

Material 100% complete = 20,000 EU

Conversion 100% complete = 8,000 EU

b. Units completed = 160,000

Units started and completed = 150,000

Beginning WIP costs;

Materials cost $8,500

Conversion cost $4,900

Costs added during the period;

Materials cost $139,400

Conversion cost $244,200

Equivalent units for July;

EU for materials = 170,000

EU for conversion = 7,000 + 150,000 + 8,000 = 165,000

Costs per EU:

Materials = $139,400 / 170,000 = $0.82 per EU

Conversion = $244,200 / 165,000 = $1.48 per EU

c. Total costs;

Ending WIP = [20,000 × $0.82] + [8,000 × $1.48] = $28,240

Units transferred out = [$383,600 - $28,240] + $8,500 + $4,900 = $368,760

d. Therefore,

Costs to be accounted for ;

Beginning work in process $13,400

Cost added $383,600

Total costs to be accounted for $397,000

Also,

Costs account ted for are as follow

Units transferred out $368,760

Ending WIP $28,240

Total costs accounted for $397,000

5 0

3 years ago

Pablo and his managers spent a large sum of money on the new training program, and they feel that there has been little improvem

Contact [7]

Answer:

. sunk-cost bias.

Explanation:

Sunk cost is money that has already been expended and cannot be recovered.

According to the sunk cost bias, a person would continue with a particular course of action or project regardless of its outcome because of the unrecoverable amount (sunk cost) that has been spent on the project.

I hope my answer helps you

5 0

3 years ago

I thought that I had everybody on my side

Tems11 [23]

Answer: cool i like this song!

Explanation:

spongebob is a classic

8 0

3 years ago

Read 2 more answers

Car salespersons are notorious for using the ________ technique, which involves changing terms after an agreement has been made.

zmey [24]

Car salespersons are notorious for using the lowball technique, which involves changing terms after an agreement has been made.

8 0

3 years ago