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3 years ago

Being less dependent on suppliers and making profits on both parts and the final product are advantages of:_______.

Business

1 answer:

LenKa [72]3 years ago

4 0

Answer: Vertical integration

Explanation:

vertical integration is simply a situation whereby an organization's or company's supply chain is owned by that organization or company.

Therefore, being less dependent on suppliers and making profits on both parts and the final product are advantages of vertical integration.

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Which of the following factors will increase GDP and also achieve sustained growth?

Salsk061 [2.6K]

Answer:

The correct answer is the letter d. Advances in the technical knowledge used in production.

Explanation:

Technology is an important variable in economic growth models, having a positive effect on the production process. Technological progress occurs when technology increases over time, and its effect is on worker productivity. That is, technological advancement enables work to become more productive, culminating in sustainable per capita gross domestic product growth.

7 0

3 years ago

The law of diminishing marginal utility states that the: Multiple choice question. marginal utility associated with the consumpt

Drupady [299]

The law of diminishing marginal utility states that as more units of a good are consumed, the marginal utility from the consumption of the next unit becomes lesser. John's total utility from the consumption of two ice creams is 10, and his total utility from the consumption of three ice creams is 9.7.

<h3>What does the law of diminishing marginal utility State?</h3>

According to the law of declining marginal utility, when consumption rises, the marginal utility gained from each extra unit decreases, all other things being equal.
The incremental improvement in utility brought on by consuming one more unit is known as marginal utility.

<h3>Which law does the law of diminishing marginal utility affect?</h3>

According to the law of diminishing marginal utility, a good or service's marginal utility decreases the more of it is used by a person.
Consuming increasing quantities of a good gives economic actors less and less pleasure.

<h3>What is law of diminishing marginal returns?</h3>

According to the law of declining marginal returns, increasing the number of production factors leads to lesser increases in output.
The addition of any more of a production element after a certain level of capacity utilization would unavoidably result in lower per-unit incremental returns.

Learn more about diminishing marginal utility here:

brainly.com/question/13084220

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7 0

2 years ago

Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return fro

goblinko [34]

Answer:

Project A Project B

Initial investments ($170,000) ($115,000)

CF Year 1 $42,500 $34,500

CF Year 2 $58,500 $52,500

CF Year 3 $82,795 $68,500

CF Year 4 $92,900 $68,500

CF Year 5 $67,500 $68,500

using an excel spreadsheet and the IRR function, the internal rate of return of each project is:

Project A's IRR = 26.02%
Project B's IRR = 36.31%

We can use the discount rate (12%) to calculate the projects' NPV, we do not need it to calculate their IRR:

Project A's NPV = $70,855
Project B's NPV = $88,815

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3 years ago

What are the benefits associated with free trade and globalization?

Drupady [299]

Answer:

It drives economic growth, enhanced efficiency, increased innovation, and the greater fairness that accompanies a rules-based system.

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3 years ago

The quantity sold in a market will decrease if the government decreases aA. binding price floor in that market.B. binding price

Pavlova-9 [17]

Answer: B

Explanation:

Price ceiling is the highest authorized price that could be charged by sellers for a good.

Prices received by sellers will be reduced if government would bring down authorized price in the market.

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3 years ago