Answer:
industry driving forces and competitive pressures favor some companies or groups and hurt others and the profit potential of different strategic groups varies because of strengths and weaknesses in each strategic group's position.
Explanation:
Strategic groups in this context refers to a group of entities who impose a similar business model/strategy.
Often times, simply by implementing similar strategies wouldn't necessarily give them similar results.
There are other factors that influence the way people behave in the market
For example
Some companies have a certain reputation that becomes a driving force for the consumers to purchase their product. Even if these companies implemented a wrong business model, they wouldn't receive as much damage since their reputation will made customers constantly back to purchase their product.
Another factors would be internet and technologies as a driving force. Often times, many people spread unjustified attacks toward a company that might ruin their sales.
Answer: increase; increase by more than $100 million
Explanation:
If the government lowers tax rates and tax revenue falls by $100 million, we can expect consumption spending to increase and equilibrium output to increase by more than $100 million.
It should be noted that when there's reduction in tax rate, this implies that there'll be more money available to the households and the firms and this will then lead to more money which can be spent on goods or services. Also, due to this, the equilibrium output will increase as well by more than $100 million.
Answer:
49250
Explanation:
Calculation through North West corner Method:
From Chicago Atlanta Supply
St. Louis 40 65 250
Richmond 70 30 400
Demand 300 350 -
The matrix is balance matrix because demand is equals to supply.
In first step of North West corner method:
We supply 250 units to the Chicago for St. Louis is 40.
We supply 50units to the Chicago for Richmond is 70.
We supply 350units to the Chicago for Richmond is 30.
We supply 350units to the Chicago for Richmond is 30.
Calculation for the degree of freedom is:
=
Raw
total
+
Colum
total
−
1
=
2
+
2
−
1
=
4
Now introduce the
θ
on that value where the lope is note created and the value is 65:
The calculation for the cost is:
=
250
×
65
+
300
×
70
+
400
×
30
=
49250
Answer:
$90.19
Explanation:
Direct material = 52.10
Direct labour = 10
Variable manufacturing = 3
Fixed manufacturing = 21.10
Variable Admin expenses = 5.60
Fixed admin expenses = 27
Selling price = 124.1
Profit=5.3
Contribution per unit = 53.4
New order = 3900
Direct material 52.1
Direct labour =10
Variable manufacturing = 3
Variable admin expenses = 2.5
total unit variable cost = 67.6
total variable cost =3900*67.6 = 263640
Loss contribution =1650*53.4 =88110
=263640+8810 =351750
351750/3900
=$90.19
