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4 years ago

As a barrier to new entry, absolute cost advantages can be based on:

Business

1 answer:

Sophie [7]4 years ago

7 0

Answer:

E. superior production operations and processes due to accumulated experience, patents, or trade secrets.

Explanation:

The <em>absolute cost advantages </em>Is an economic principle which states: than a firm has absolute cost advantages when using the same amount of resourses than a competitor is able to produce or sell more of a good or service.

From the given options:

E is the correct as: It represent the better use of the same raw material, machinery and labor hours to generate a better output than competitors.

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Helmway company purchased equipment and these costs were incurred: cash price $21,500 sales taxes $1,800 insurance during transi

Artyom0805 [142]

Presto will record the acquisition cost of the equipment as $22,250 (21,500+430+320) which is the total cost for making the fixed asset ready for operation. The Generally accepted accounting principle requires a company to record all of the acquisition cost of a fixed asset. Thus, Presto company must capitalize all cost related to the fixed asset.

5 0

3 years ago

A business will usually choose to produce a new product inan existing facility if the cost is less that the cost of building a n

coldgirl [10]

Answer:

E) existing factory has enough capacity to handle demand for the new products as well as the existing products.

Explanation:

If the existing factory doesn't have enough capacity to produce both the new product and existing ones, then if doesn't matter if the technology used is the same, or the new product is an extension of an existing product line, or existing human resources possess the abilities and knowledge required, or even if the product design is already complete or not.

If the factory's production capacity cannot handle the new product, then the company needs to expand the existing factory's production capacity or build a new facility.

4 0

3 years ago

One of the most important activities of entrepreneurs is identifying their customers. This includes understanding when consumers

Margarita [4]

Answer:

Explanation:

First we have to understand what is a consumer. A consumer is that person who purchases a goods or services for personal use.

1. Early adopters. (first adopters)

2. Innovators. (first adopters)

3. Early Majority. (first adopters)

4. Late majority. ( Last adopters)

5. Laggard. ( Last adopters)

2. a. High-income people who have inherited their wealth. ( Laggard)

b. Future oriented Below-average-income wage earners ( Innovators)

c. Present (security) oriented High-income people who have incomes from salary and investment. ( Late majority)

d. Highest professionals, including merchants and financiers. ( Last majority )

e. Present oriented Average-income wage earners. ( Early adopters)

f. Middle managers and owners of medium-sized businesses. ( Early Majority)

g. Above-average-income wage earners. ( early adopters)

h. Present oriented, but worried about the impact of time. (Late majority)

I. Unskilled labor Skilled labor. (Innovators)

J. Owners of small businesses; non-managerial office and union managers. ( early adopters)

K. Tradition-oriented people who often live in the past. (Laggard)

6 0

4 years ago

The following information pertains to Torque Corp.'s outstanding stock for 2021: Common stock, $1 par value Shares outstanding,

azamat

Answer:

135,000 shares

Explanation:

The stock split is the re-denomination of the shares where the number of shares increases without a corresponding increase in shareholders' equity.For instance assigning two shares for each share had earlier with two new shares priced at the price of previous one share,however in calculating the number of shares applicable to basic earnings stock split is treated retrospectively,as if it has always been part of the company's shares

Opening number of shares 60,000

add increase due to stock split(2*60,000)-60,000 60,000

new shares half-way through the year 30,000*6/12 15,000

Weighted average number of shares 135,000

7 0

4 years ago

By definition, imports are Group of answer choices people who work in foreign countries. limits placed on the quantity of goods

Naddik [55]

Answer:

goods produced abroad and sold domestically.

Explanation:

Exports are goods produced in the domestic economy and sold abroad.

Quotas limits placed on the quantity of goods leaving a country.

Countries trade goods for which they have comparative advantage and not absolute advantage.

I hope my answer helps you

5 0

3 years ago