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Jlenok [28]
3 years ago
13

The law of increasing opportunity costs states that:

Business
1 answer:
irina [24]3 years ago
7 0

d) if society wants to produce more of a particular good, it must sacrifice larger and larger amounts of another good to do so.

This is true for a society, company, or even individuals. The more resources you put into producing one type of good, the harder and more expensive it will be to switch and the more opportunity costs go up for the things you aren't choosing to produce.  

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What is a business requirement? A. The nonspecific business requests the system must meet to be successful B. The specific busin
navik [9.2K]

Answer:

B. The specific business requests the system must meet to be successful.

Explanation:

Business requirements are specific activities that must be completed by a business if they are to achieve their goals and objectives.

They carry out these activities through the use of processes, softwares or systems.

An example of such an activity is production of quality products to meet consumer needs.

6 0
3 years ago
Serial Problem Business Solutions LO P4 Business Solutions sells upscale modular desk units and office chairs in the ratio of 3:
stich3 [128]

Answer:

Instructions are below.

Explanation:

Giving the following information:

The selling prices are $1,310 per desk unit and $560 per chair. The variable costs are $810 per desk unit and $310 per chair. Fixed costs are $180,000.

The company sells 3 deks per 2 chairs.

Sales proportion:

Desks= 3/5= 0.6

Chairs= 2/5= 0.4

1) Selling price per composite unit= sales proportion*selling price

Selling price per composite unit= 0.6*1,310 + 0.4*560

Selling price per composite unit=  $1,010

2) Variable cost per composite unit= sales proportion*unitary variable cost

Variable cost per composite unit= 0.6*810 + 0.4*310

Variable cost per composite unit= 610

3) Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 180,000/ (1,010 - 610)

Break-even point (units)= 450 units

4) Number of units for each product:

Desks= 0.6*450= 270

Chairs= 0.4*450= 180

5 0
3 years ago
Which of the following is a good time management technique
Sauron [17]
A. Knowing how to prioritize
4 0
3 years ago
Read 2 more answers
Select the TWO True statements about the Selection of Distribution Channels:
sladkih [1.3K]

There are different kinds of distribution channels. The True statements about the Selection of Distribution Channels are:

  • Product price has no effect on the length of a distribution channel.

  • The geographic location of customers does not require different distribution channels

The channel of distribution are classified based on:

  • The Nature of the Product
  • The Nature of the market
  • The Nature of Middlemen
  • The nature and size of the manufacturing etc.

The channel of distribution is also known as marketing channel. They are simply known as different types of interdependent organizations that are engaged in the process of making a product or service available for use or consumption.

Learn more about Distribution channels from

brainly.com/question/25736500

7 0
3 years ago
You survey 100 customers. You ask a question with 4 possible responses. Each possible response is given by at least 10 customers
finlep [7]

There are 100 people and 4 answers. The minimum people for each answer is 10. You can distribute the minimum people to make it easy.

Answer 1. 10 people

Answer 2. 10 people

Answer 3. 10 people

Answer 4. 10 people

There are still 60 people that are not assigned, so you take this number and add it to the minimum.

60 + 10 = 70


Answer: The maximum number of customers giving any one response is 70 people.

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3 years ago
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