Let number of hamburgers be N, and number of cheese burgers be (N + 51).
The total sold: N + (N + 51) = 601
=> 2N + 51 = 601
=> (2N + 51) - 51 = 601 - 51
=> 2N = 550
Divide through by 2:
=> N = 275
There were 275 hamburgers sold on Monday.
Answer:
small businesses are becoming increasingly involved in international trade and investment.
Explanation:
Even though the term mini-multinational corporation seems like an oxymoron, it is not. Mini-multinational corporations are medium (or even small) size companies that start to operate in more than 1 country and generally reach out to whole geographic regions, e.g. Central America, the Mercosur in South America, Southern Asia.
Even though when we hear the term small business we might think about a family restaurant or store, or a small bakery, legally, businesses are considered small if they have generally less than 500 employees (which is actually a lot of people) and their total sales are less than $35.5 million per year (which is also a lot).
Globalization and the internet has made it easier for small and medium sized businesses to start operating in more than one country since trade barriers have lowered significantly.
Answer:
For now, it is better to keep producing in house. If demand increases, Pottery Ranch must outsource some of the production.
Explanation:
Giving the following information:
The variable manufacturing overhead is charged to production at a rate of 63% of direct labor cost. The direct materials and direct labor cost per unit to make a pair of finials are $3.51 and $4.73, respectively. Normal production is 28,300 curtain rods per year.
A supplier offers to make a pair of finials for $13.20 per unit.
Fixed costs are a sunk cost, therefore it is not taken into account.
Make in house:
Unitary cost= 3.51 + 4.73 + (4.73*0.63)= $11,22
Outsource:
Unitary cost= 13.20
For now, it is better to keep producing in house. If demand increases, Pottery Ranch must outsource some of the production.
Answer:
Product life cycle refers to the stages a product moves through from the time it enters the market until the time it disappear.
Explanation:
The Product Life Cycle Stages is a model in economics and marketing. Products enter the market and gradually disappear again.
The product life cycle is separated into four different stages,
- Introduction.
- Growth.
- Maturity.
- Decline.
So, in this case the correct answer is the product life cycle refers to the stages a product moves through from the time it enters the market until the time it disappear.
