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SOVA2 [1]
4 years ago
8

Which statement best explains the law of supply?

Business
2 answers:
borishaifa [10]4 years ago
8 0

Answer:

<em>The answer is </em><u><em>A</em></u>

Explanation:

The quantity supplied by producers increases as prices rise and decreases as prices fall.

Sonbull [250]4 years ago
7 0

Answer:

The quantity supplied by producers increases as prices rise and decreases as prices fall.

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Valeant's pricing model was:
Nitella [24]

Answer:

b. tied to relationships with pharmacies to maximize prices.

Explanation:

Pharmacies are a very big influence in the drugs sellings. By having an alliance with them, you can get their help to improve your sells.

4 0
3 years ago
Newton Company currently produces and sells 7,000 units of a product that has a contribution margin of $5 per unit. The company
mart [117]

Answer:

selling price= $25

Explanation:

Giving the following information:

Fixed costs= $78,000

Unitary variable cost= $11

Desited profit= $90,000

Break-even point in units= 12,000

<u>To calculate the selling price, we need to use the following formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

12,000= (78,000 + 90,000) / (selling price - 11)

12,000*selling price - 132,000 = 168,000

12,000selling price = 300,000

selling price= $25

8 0
4 years ago
_______is a series of pre-booked, one-on-one interviews from a fixed location with a series of journalists or talk show hosts. G
Mariulka [41]

Answer:

Satellite Media Tour

Explanation:

A satellite media tour is the media tour that establishes the public relations with respect to the stories with the audience via television, radio, etc. It can be accessed from anywhere at any time.

Here, live interviews are also conducted that seems the cost effective and direct way to communicate with the audience

Therefore the given situation represents the Satellite Media Tour scenario

8 0
4 years ago
A cost that remains unchanged in total despite variations in volume of activity within a relevant range is a
4vir4ik [10]
A cost that remains unchanged in total despite variations in the volume of activity within a relevant range is a fixed cost. The fixed cost is a type of cost behavior which remains unchanged regardless of the unit or activity changes in a production process<span>. There are four types of cost behavior, which are the fixed cost, the variable cost, the mixed cost, and the step cost.</span>
8 0
3 years ago
Read 2 more answers
MakerMan Manufacturing creates heavy-duty hand tools. It produces a new collapsible hammer called the SmackN’Stash. One of the f
hammer [34]

Answer:

Anyone who is injured by a defective product may sue the manufacturer, merchants, and all others who handled the product.

Explanation:

Strict liability means that an injured party may sue another even when they don not prove a case against them. A party is held liable for injuries from a certain activity.

For example a company that produces tools may be held liable when the machinery it produces causes injury during use by the injured party.

The injured party need not prove negligence of the defendant.

In this instance MakerMan Manufacturing is liable for the hammer that injured one of Rob's coworkers while they were using it.

Strict Liabilities are classified into 3: animals owned, product liability, and abnormally dangerous acts.

8 0
4 years ago
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