Answer: The correct answer is "3. platform project".
Explanation: This project is a platform project for Coolers Inc. because the change of voice sensors instead of remote controls or manual operations represents a change of platform for their products in which they have improved their technology.
Answer:
The statement is: True.
Explanation:
Order winners are those products that customers recognize of having the minimum requirements so they can consider to purchase them and that are better than their competitors eventually making consumers buy them. Thus, firms must keep core competencies aligned to the customers' order winners.
Answer: C. Decreasing returns to scale
Explanation: Economic of scale refer to a situation where as the level of output increases, the average cost will decrease. In the case of constant return to scale here the average cost will not change as the output increases.
In this question the firm is operating in the negative sloped portion of the long-run average total cost curve, which shows that it has a "Decreasing returns to scale " .
In the long run, perfectly competitive firms will react to profits by increasing production.
Firms in a perfectly competitive world earn zero profit in the long run. While firms can earn accounting profits in the long run, they cannot earn economic profits.
In the long run, perfectly competitive firms will react to profits by decreasing production. CORRECT: In the long run, perfectly competitive firms will respond to losses by exiting the market. In the long run, perfectly competitive firms will respond to losses by reducing production.
A perfectly competitive market achieves long‐run equilibrium when all firms are earning zero economic profits and when the number of firms in the market is not changing.
In the long run, profits and losses are eliminated because an infinite number of firms are producing infinitely divisible, homogeneous products. Firms experience no barriers to entry and all consumers have perfect information.
Learn more about a perfectly competitive firm here: brainly.com/question/25327136
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Answer:
D) It decreases about 16 units.
Explanation:
Currently Keene's break even point in units = total fixed costs / contribution margin
total fixed costs = $5,600
contribution margin = selling price - contribution margin = $20 - $6 = $14
Keene's current break even point = $5,600 / $14 = 400 units
If Keene's variable costs decrease by 10%, the new contribution margin will be = $20 - $5.40 = $14.60
Keene's new break even point = $5,600 / $14.60 = 383.56 ≈ 384 units
this represents a 4% decrease (16 units less)
