Answer:
C
Explanation:
First mover advantage tend to enjoy competitive advantage. These are firms that always at the forefront of advances in their industries. First mover advantage may be gained by early purchase of resources or by technological leadership.
First movers can be rewarded with huge profits margins if its capitalize on its advantage.
I believe the answer is: environmental circumstances are dynamic and tough to control
Because of this , the best thing that Ben and Chris could do under the situation is adjust their marketing strategy to cater to the unique situation at hand. For example, Ben and chris could reduce the overall price of the product by using cheaper material to attract most consumers.
Net present value is
Present value of annual cash flows-project investment
Net present value
12,900×3.0373−44,500=(5,319)
Answer:
Option (C) is correct.
Explanation:
Given that,
Standard Quantity = 4,200
Actual Quantity = 4,700
Standard Price = $4
Cost = $4.10 per pound to produce 2,300 units
Direct Material Quantity variance:
= (Standard Quantity - Actual Quantity) × Standard Price
= (4,200 – 4,700 ) × $4
= $2,000 Unfavorable
Therefore, the direct materials quantity variance is $2,000 Unfavorable.
Answer:
D. Copper is a scarce resource, which increases its value.
Explanation:
Scarcity determine how much a certain type of resources is available. When the resources become less available, The price of that resources tend to increase.
Since producing copper is way harder than producing plastic, Producer needs a way to accommodate the bigger efforts that they need to make to produce the copper. This justify why the price of copper is higher.
