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masya89 [10]
3 years ago
6

If demand shifts right and price increases, then the total revenue to the group of sellers increases for both elastic and inelas

tic supply curves. True or false?
Business
1 answer:
dimaraw [331]3 years ago
3 0

Answer:

Yes that is true because revenue= price multiply by quantity so if price increases then revenue will increase. the total revenue for sellers will be greater in elastic curves because the quantity supplied is increased by a larger amount than the increase in price and they wil earn more revenue and vice versa will inelastic supply curve.

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Recently, the owner of Martha's Wares encountered severe legal problems and is trying to sell her business. The company built a
Irina18 [472]

Answer:

The market value of this firm is $980,744

Explanation:

The computation of the market value is shown below:

= Current value of building + current value of building + market value of inventory + accounts receivable + cash balance - owing balance

= $1,480,000 + $507,000 + $225,000 ($450,000 × 50%) + $237,844 ($245,200 × 98%)  + $10,900 - $1,480,000

= $980,744

We take the market value instead cost value, as question has asked for the market value of the firm

8 0
3 years ago
__________ involves taking apart a product, analyzing it, and creating an improved product that does not infringe on the competi
kompoz [17]

Answer:

Reverse engineering

Explanation:

Reverse engineering is one of the most complicated procedures which involves great deal of critical analysis. It’s a process which takes apart a product and then redesign and recreate it.  Reverse engineering is the best way to learn other technologies and replicating them effectively. It also involves a great deal of analysis regarding the complete composition and construction.

7 0
3 years ago
What are the two ways a company can translate its low-cost advantage over rivals into attractive profit performance
lana66690 [7]
Either using its low-cost edge to underprice competitors and attract price-sensitive buyers in large enough numbers to increase total profits or refraining from price cutting and using the low-cost advantage to earn a bigger profit margin
5 0
3 years ago
When tax revenue is higher than government expenditures, the government incurs a:?
Ksju [112]

I guess the correct answer is budget surplus.

When tax revenue is higher than government expenditures, the government incurs a budget surplus.

6 0
3 years ago
Selling the rights to use your company's brand name in return for a lump-sum payment and a share of the profits generated is ref
Katarina [22]

Answer:

(D) franchising.

Explanation:

The franchising is an innovative idea to increase the sales of the company brand through which the company can able to capture maximum market size across the work. This strategy works with the motive to expand the business.

In this, there are two parties i.e franchiser and franchisee. The franchiser sells its logo, name, rights to the outlets that we called franchisee. For this, the franchiser gets the lump sum payment and profit share, etc.  

8 0
3 years ago
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