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viva [34]
3 years ago
12

When a manufacturer seeks a market for by-products and accepts a price that covers more than the cost of storing and delivering

those by-products, the manufacturer is able to reduce the main product's price to make it more competitive.
Business
1 answer:
dsp733 years ago
6 0

Answer:

true

Explanation:

A very effective way to reduce a product's final cost is to sell its by-products.

For example, a sugar processing plant produces sugar and alcohol, and it also generates several by-products that are sold or reused by the company in order to lower costs. The sugar cane fibers are used to produce paper and some of the residual fluids are used as fertilizers. The money generated by selling the by-products can help the company lower the cost of producing sugar and alcohol. Before they sold those by-products, sugar companies had to dispose them properly which resulted in additional costs to the manufacturing process.

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For which of the following goods is the income elasticity of demand likely highest?
Mekhanik [1.2K]

Answer:

c. boats 

Explanation:

Income elasticity of demand measures how quantity demanded responds to changes in price.

Goods that are considered necessities usually have the lowest income elasticity of demand. Therefore, the income elasticity of demand for doctors visits and natural gas would be relatively low.

The income elasticity of demand for luxury goods are usually high. Therefore, the income elasticity for boats would be high.

Goods whose price is small compared to income would have a low income elascitiy. Therefore, the income elasticity for hamburgers would be low.

I hope my answer helps you.

4 0
3 years ago
Cognitively selecting sorting and organizing sensory information is called
Pachacha [2.7K]
<span>Cognitively selecting sorting and organizing sensory information is called perception.
</span>The term perception denoted the ability of human to recognize and interpret sensory stimuli, to see, hear, or become aware of something through the senses. 
8 0
3 years ago
Read 2 more answers
Janet is the secretary to the ceo. the ceo uses the corporate jet to travel to locations where he acts as a private consultant.
Sauron [17]

Janet is <u>a  "whistleblower".</u>


A whistleblower is a person, who could be a representative of an organization, or an administration office, unveiling data to people in general or some higher expert about any bad behavior, which could be as extortion, debasement, and so on.  

An whistleblower could be a representative, temporary worker, or a provider who winds up mindful of any unlawful exercises.  

To shield whistleblower from losing their activity or getting abused there are particular laws. Most organizations have a different arrangement which obviously states how to report such an occurrence.

7 0
3 years ago
_____ 7. While North Americans want to decide the main points at a business meeting and leave the details for later, people in t
Afina-wow [57]

Answer:

"Mexico" is the appropriate answer.

Explanation:

  • Throughout the case of Mexican individuals, what and when to talk in the discussions or conferences is punctual.
  • Furthermore, you wouldn't overlook the little characteristics because doing so would generate misunderstanding or some complications. You mention as well as continue to talk all about that at the conference.
3 0
3 years ago
What will most likely cause a lender to deny credit?
8090 [49]

Answer:

A historic credit score of 300

Explanation:

A credit score is a numeric record that expresses the reliability of a borrower to repay loans. The credit score or credit rating is determined by, among other things, credit history, income level, and the individual's income to debt ratio.

Credit scores range between 300 and 850. 300 is the lowest and the poorest score. A score of 300 indicates that the borrower has a bad history of debt repayment. They are always late on repayments,  miss on installments, or have defaulted on loans. Lenders consider such persons as high-risk borrowers and are likely to deny them credit facilities.

7 0
3 years ago
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