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jeka57 [31]
3 years ago
7

The basic problem with the average-cost approach is that it :

Business
1 answer:
Elena L [17]3 years ago
3 0

Answer:

The correct answer is (A)

Explanation:

Average cost approach is utilised to analyse the average cost of inventory available for sale. There are various advantages of using average cost techniques, but at the same time it has few limitations. Average cost methods do not account for the cost variation in different level of outputs. Cost variation is important to account for as it can change the overall cost of estimations, and cost averages.

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Chicken and tuna fish are substitutes in consumption. Suppose that new technology decreases the cost of catching tuna. This woul
mihalych1998 [28]

Answer:

B. a decrease; a decrease

Explanation:

Substitutes' goods are products that can be consumed in place of each other.  If one product is missing, consumers will be ready and willing to buy its substitute. An increase or fall in the price of a good or services will cause the demand for its substitute to move in the opposite direction.

Equilibrium quantity is when supply matches the demand. If the price of Tuna fish decreases, its demand will increase as more customers will afford it. Tuna and chicken are substitutes, should the price of Tuna decrease,  customers will prefer to consume Tuna over chicken.  Consequently, the demand for chicken will reduce w leading to a decrease in its price.

6 0
3 years ago
A __________ is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a co
Fittoniya [83]

A Strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage..

<h3>What is Strategy? </h3>
  • A strategy is a broad plan to accomplish one or more long-term or overall goals in the face of uncertainty.
  • The phrase was first used in the 6th century C.E. in terms of the "art of the general," which covered a number of subsets of talents such as military tactics, siegecraft, logistics, etc. It was only in the 18th century that the term was translated into Western vernacular languages.
  • The term "strategy" was then used to refer to "a comprehensive manner to try to attain political aims, including the threat or actual use of force, in a dialectic of wills" in a military war, in which both opponents engage.

To learn more about Strategy with the given link

brainly.com/question/15860574

#SPJ4

7 0
2 years ago
Measuring the rate of inflation using a market basket that excludes food and energy prices is preferred by some analysts because
Finger [1]

Answer:

gives a better measure of ongoing, sustained price changes.

Explanation:

  • In order to measure the market-based rate of inflation that excludes the food and the energy processes are preferred by some economist as the core inflation that is long price trend and is frequent subject to the change as food and energy. As this index is based on the dynamic consumption basket the economic variables are adjusted by the price defoliator.
7 0
3 years ago
The September T-bond futures contract is currently selling at 111-05 and September call option on T-bond futures for a strike pr
n200080 [17]

Answer:

the correct answer is  $781.25

good luck

4 0
3 years ago
Safeway Food Stores is involved in identifying and analyzing a target market. The firm then develops a marketing mix to satisfy
nirvana33 [79]

Answer: Marketing Strategy.

Explanation:

Safeway Food Stores have developed a market strategy, where a product is developed and then a target market is identified for the product and methods of making the product appear attractive to the consumers in the target market is created. A market strategy is long term plan used to improve sales of business.

7 0
4 years ago
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