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Answer:
C.
Explanation:
If they had to pay more then the customer will have to pay more
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Answer:
The correct answer is letter "D": analyzing competitors’ pricing.
Explanation:
Companies tend to analyze their competitors' pricing to review what are other firms of the same industry doing to obtain revenue. This study usually involves verifying competitors' raw material, labor, and manufacturing pricing. The best practices can be adapted to the analyzing company so revenue can be maximized.
Answer:
Implied-in-fact-contract.
Explanation:
The mentioned elements are a part of Implied-in-fact-contract.
Implied-in-fact-contract is a form of implied contract formed by non-verbal conduct, rather than by explicit words. Supreme Court of USA has defined Implied-in-fact-contract as "an agreement 'implied in fact'" as "discovered when a meeting of minds, which, although not embodied in an express contract, is inferred, as a fact, from conduct of the parties showing, in the light of the surrounding circumstances, and their tacit understanding
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Process X has fixed costs of $10,000 and variable costs of $2.40 per unit. Process Y has fixed costs of $9,000 and variable costs of $2.25 per unit.
X= 10,000 + 2.4*x
Y=9000 + 2.25y
We will suppose 5 levels of production
1 units, 1000 units , 5550 units, 20,000 units, 110,111 units.
1 unit:
X= $10,002.4
Y= $9,002.25
1000 units:
X= $12,400
Y= $11,250
5550 units:
X= $23,320
Y= $21,487.5
20,000 units:
X= $58,000
Y= $54,000
110,111 units:
X= $274,266.4
Y= $256,749.75
Process Y has a lower fixed cost and a lower variable cost. In all quantities of production, it will present a lower total cost compare to Process X.
