Answer:
3. Supply of flour to increase.
Explanation:
The situation above is showing a<em> direct proportional relationship</em> between the "wheat," as a main ingredient of flour, and the flour itself.
If the price of wheat <em>decreases</em>, <u>suppliers will be interested in buying more of it in order to produce more quantities of flour at a </u><em><u>lower cost </u></em>because it will more likely lead to a<em><u> higher profit</u></em>. This will, therefore, increase the supply of flour in the market.
I would say be unclean, they cant be unclean
Answer:
The correct answer is b.setting equipment utilization goals below industry average.
Explanation:
A firm cannot achieve competitive advantage by setting its equipment utilization goals as this will not retain its customers.
If a firm wants to achieve competitive advantage it can achieve it by;
Addressing its customers concerns and customizes the products according to their needs.
Providing customers their ordered products earlier than other companies lead time, which means increase in speed of delivery and shortens the delivery time.
Bring improvement and advancements in its products by using new technology.
Maintain a variety of different product options to cater the needs of its various customers. Offering them a wide range of products will probably reduce chances of customer switch.
Answer:
directive
Explanation:
Directive leadership is a form of leadership, often employed by managers or supervisors in mostly a situation whereby the task to be carried out or done is intricate or difficult and the employees assigned to it, are unwilling and unable. This style of leadership is considered the most appropriate or effective according to situational leadership theory.
Hence, the correct answer in this situation is DIRECTIVE.
If the market had one supplier that was a monopoly then there would be only one firm operating in the market, with no competition.
In a market, a monopolist tends to charge a price higher and produces fewer units than a competitive market structure. Because of such higher monopoly price, the area of consumer surplus tends to decrease.
The market power of a monopoly affects both consumer and producer surplus as a firm is able to earn positive economic profits, and as it is a monopoly, other firms are unable to enter their market and cannot lead to competition.
Hence, a firm is a monopoly if it can ignore other firms prices.
To learn more about monopoly here:
brainly.com/question/17001862
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