Answer: It is not easily duplicated
Explanation:
Competitive advantage are simply the factors which give a company the edge when compared to its rivals as the company can produce goods or services at a cheaper rate and better than its rivals.
A competitive advantage based on location is often sustainable because it isn't easily duplicated. The main reason here is because different regions comes up with their different weather conditions, resources, market conditions etc. which can't be duplicated.
Answer:
D
Explanation:
In fact a misdemeanor is less bad than a felony
Havent you played monoply?
Answer:
Option (a) is correct.
Explanation:
The burden of a tax is entirely borne by the suppliers if the supply curve is perfectly inelastic. The burden of a tax falls more on a person which is having relatively inelastic curve.
For example: A government imposes a tax in a market of beachfront hotels with an inelastic supply curve. There is no other option available for the sellers than to accept the lower price for the hotels, here the taxes are not affecting the equilibrium quantity. Therefore, the entire burden of tax falls on the suppliers.
Suppose that if the demand curve is more inelastic than the supply curve then most of the tax burden falls on the consumers and if the supply curve is more inelastic than the demand curve then most of tax burden falls on the sellers.
Answer:
$8.00
Explanation:
The computation of total manufacturing cost for one teddy bear is shown below:-
50% of sewing cost $15,000 = $7,500
35% of processing cost $10,000 = $3,500
Total cost assigned to teddy bear = $7,500 + $3,500
= $11,000
Direct material = $2
Direct labor = $0.50
Overhead per unit = Total cost assigned to teddy bear ÷ Each months teddy bears manufactured
= $11,000 ÷ 2,000
= $5.50
Total cost per unit = Direct Material + Direct Labor + Overhead per unit
= $2 + $0.50 + $5.50
= $8.00
