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Volgvan
4 years ago
7

The Martinez Legal Firm (MLF) recently acquired a smaller competitor, Miller and Associates, which specializes in issues not pre

viously covered by MLF, such as land use and intellectual property cases. Given the increase in the firm's size and complexity, it is likely that its internal transaction costs will ____.
Business
1 answer:
Vsevolod [243]4 years ago
6 0

Answer:

increase

Explanation:

Transaction cost is the cost needed for every exchange. This cost can be external or internal. External transaction cost comes from the cost to do an exchange with a second party while internal cost comes from the company itself.  

The Martinez Legal Firm acquired a competitor so their business size will increase for sure. Larger businesses will become more complex and need more management. These will, in turn, increase the internal transaction cost.

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The marketing concept is a philosophy that a business organization should employ to satisfy customers' needs while achieving the
sladkih [1.3K]

Answer:

A: True

Explanation:

Yes, its very much true because basic logic behind the marking concept is that organisation should meet the customer's needs by understanding them. Defining more precisely, meeting the customer needs profitably. Moreover, finding, attracting, getting, keep and growing the customers is the basic theme behind the marketing concept while remaining profitable at the same time.

8 0
3 years ago
In response to the increase in demand for organic foods, Wegmans, Inc., a regional supermarket, recently created organic food de
Elodia [21]

Answer:

b) a market opportunity

Explanation:

Based on the information provided within the question it can be said that the creation of these departments was a result of a market opportunity. This term refers to a specific need that arises for the product or service that you are providing in a specific location or to an individual/company. Which is what happened in this situation as an increase in demand for organic food gave Webmans Inc. the opportunity to enter that market and answer that demand by creating organic food departments within their large stores.

4 0
3 years ago
You are scheduled to receive $100 in one year. If the interest rate increases, what will happen to the present value of this cas
ANEK [815]

Answer:

The present value decreases

Explanation:

The present value of an amount of $100 to be received in one year, at an interest rate 'r', is:

PV=\frac{\$100}{(1+r)}

As we can see, since the interest rate is in the denominator of the expression, if 'r' increases, then the present value decreases.

I.e. If the interest rate were zero, then $100 would buy the same amount of goods today as it would in one year, however, if the interest rate is positive, $100 today would buy more goods than it would in one year.

7 0
3 years ago
Changes in the lives of women in the last 50 years reflect __________ employment and educational attainment.
slega [8]

The answer to this question is that it reflects an increase in woman’s employment and educational attainment.

<span>Woman now are given equal rights with regards to employment and educational attainment. Before women are just being neglected and was just allowed to take care of the kids and be a normal housewife. Today, woman has a vital role in the society and given equal opportunities. </span><span> </span><span> </span>

4 0
3 years ago
PB2.
olga55 [171]

Answer:

The contribution margin per unit for the 18-inch blade.

Break even in units = Fixed cost/Contribution per unit

                                = 85,000/11 (15-4)

                                = 7,728 unit (round off)

The contribution margin ratio of the 18-inch blade.

Total contribution margin (CM) is calculated by subtracting total variable costs TVC from total sales TSP. Contribution margin per unit equals sales price per unit SP minus variable costs per unit VC . It is used in calculating a break even point of a business. Contribution margin ratio tells us how much contribution towards fixed cost is generate by selling a unit.

CM ratio = $ 11/ $ 15 *100= 73.33%

(Variable cost = 15 -4 = 11 )

Contribution margin income statement for the month of January.

Sales                              $ 180,000

Variable cost                 ($ 48,000)

Gross profit                    $ 132,000

Fixed Cost                      ($ 85,000)

Net Profit                         $ 47,000

        

5 0
3 years ago
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