Answer:
There are several ways in which a young entrepreneur can carry out purchasing activities responsibly, including:
1. Measured production of inventory or units of products- If an entrepreneur is producing bicycles for instance, (s)he should only spend on inventory that (s)he anticipates will be sold to customers or purchased by retailers. For example, let's assume that the entrepreneur has a purchase order from a retailer such as K-Mart for 500 bicycles. In this case the entrepreneur should only produce around 550 bicycles rather than 700 or 1000 bikes, thus, purchasing supplies and producing inventory in accordance with demand for his/ her bicycles.
2. Lowering costs of production where possible- Firstly, this can be done by purchasing supplies and materials for inventory in bulk. Secondly, the entrepreneur could outsource the manufacturing of his/her product to countries (such as China) where production costs are significantly cheaper.
Answer:
increase
Explanation:
According to my research on economics, I can say that based on the information provided within the question if the prices of cigarettes decrease then the demand will increase. This can be said because cigarettes are a luxury item, meaning they are not a necessity but something that the people want. Therefore if prices decrease people will want to buy more of them.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
A) adding more workers exhausts the possible gains from specialization.
Explanation:
When a worker specializes in a certain task, they will become more productive and efficient in performing the task. Worker specialization takes a long time, so it only applies in the long run.
In the short run when a company wants to increase its output, it cannot rely on worker specialization since they don't have the time to wait, they must hire more workers.
Answer:
Profit per bottle is $0.50
Explanation:
Sales price per bottle = $12
Total cost price per bottle = $11.50
Profit per bottle = sales price - total cost price = $12 - $11.50 = $0.50
Answer:
Multiple rates of return
Explanation:
The multiple rates of return occur when the company wants to make the net present value to zero that means the initial investment should be equal to the present value of cash inflows after considering the discounting factor and this situation occurs when the internal rate of return has the negative cash flows that followed the positive cash flows
hence, the third option is correct
