Answer:
The correct answer is option A.
Explanation:
In the study of economics, all the available resources are considered to be scarce. But the shortage is referred to the situation in the market where the quantity demanded is more than the quantity supplied at the current market price.
If the quantity supplied is more then the situation is referred to as surplus. Equilibrium is achieved when both quantity demanded and supplied are equal.
Answer:
C. shared resources.
Explanation:
A partnership is a form of business ownership. Partners contribute funds and their expertise towards the success of their business. They are able to put together a large sum of capital than they would raise as individuals. A partnership is formed and managed through the combined efforts of the partners.
A sole proprietor is a one-person venture. The owner sources for the capital and makes all business decisions by themselves. Unlike in sole proprietorship, a partnership has the advantage of shared resources and responsibilities. Partners can brainstorm and share ideas on how to improve the performance of their business.
Answer: fragmented
Explanation: A fragmented industry is one in which many companies compete with themselves and there is no single or small group of companies which dominate or influence the industry. In this industry no organization exercise influence on other organization in the industries. In or other word, it is an industry in which no single organization has enough share of the market to be able to influence the industry's direction.
Answer:
COGS= $130,000
Explanation:
Giving the following information:
A retail operation has an average gross margin of 35%.
Sales= $200,000.00
<u>To calculate the cost of goods sold, we need to use the following formula:</u>
Gross margin= sales - COGS
COGS= sales - gross margin
COGS= 200,000 - (200,000*0.35)
COGS= $130,000
Answer:
Option D (The optimal........capital) would be the right choice.
Explanation:
- The optimal composition of capital would be the one with the lowest average capital structure.
- Such alternatives are meaningless since the optimal capital structure is not reflected by them. Maximizing earnings growth, interest burdens, or equity burdens would not enhance the worth including its shareholder.
