Answer:
allocate her limited income among all the products she wishes to buy so that she receives the highest total utility is the correct answer.
Explanation:
Answer:
It has more than 7,000 factories overseas that manufacture products for the company.
Explanation:
Answer:
B.
Penetration pricing
Explanation:
Penetration pricing is a strategy that is used by new companies in a market to capture market share from more established competitors. The process is for the new company to charge a lesser price than the amount that the other companies are charging which will bring people to the new firm for patronage.
It will thus capture market share and due to the high demand, be able to make profits due to Economies of Scale.
By charging less than its competitors, the new bar's owner is most likely pursuing a Penetration Strategy.
Answer:
Explanation:
The calculation is shown in the picture attached
P-value > 0.05 it is concluded that the null hypothesis is not reject.
There is not enough evidence to claim that the more than 10% of all plates blister under such circumstances.
Answer:
Sales Revenue = 441,000
COGS 4,900 x 38 = 186,000
Gross Profit 254.800
Selling variable 4,900 x 2 = 9,800
Selling and administrative 65,200
Net Income 179,800
Explanation:
Sales
4,900 x 90
COGS
Fixed 78,000/6,000 = 13
Variables 25
Unit cost 38
4,900 x 38 = 186,200
Selling variable
4,900 x 2 = 9800
