Answer:
d) standard; fast
Explanation:
Standard cycle market is defined as a market where a company's products (competitive advantage) are shielded from imitation. This is seen in the given scenario as multi-year contracts with artists and sold copyright-protected music through established distribution channels.
Fast cycle market on the other hand occurs when the competitive advantage of a company is not shielded from imitation. The imitation occurs regularly. In the given scenario this is exemplified by a shift to the digital format and the rise of Internet technology have resulted in the sharing of music over peer-to-peer networks, a practice the industry calls "piracy
i dont like writing super long paragraphs so here is a list
1) Comunity work
2) helping the elderly
3) obeying your parents
4) paying attention in class
Answer:
If Concord Corporation purchase from outside it total cost will increase by $4500.
Explanation:
Cost of producing the units using current production:
Direct Material Cost $21000
Direct Labour Cost $5500
Variable Overhead Cost $19000
Total Cost of Production $45500
So, Purchase cost minus production cost
Gives $50000 - $45500 increase in cost purchase over production by $4500
Note:
Fixed cost is irrelevant for Concord Corporation either purchase or produce it will remain same.
Answer: Register for E-Tax has (3) steps:
1. Complete and submit ttconnect ID Registration form
2. Activate your ttconnect ID
3. Visit a ttconnect Service center
Answer:
The answer is:
Since soybean is a highly regulated agricultural commodity, the supply and demand curve will shift and the new equilibrium quantity of soybean will decrease but the price will increase. If the shift is too large then the USDA might act and increase the supply to lower the price.
Explanation:
The supply of soybean will be lower due to the severe drought, so the equilibrium quantity should be lower. That by itself would make the price of soybean rise (that´s how all crops work, lower supply equals higher price). Agricultural products are regulated commodities in the US, and when a drought happens the prices of the crops always get higher.
When a severe drought happens the whole supply and demand curve shifts. The demand side of the curve is very inelastic but the real change in quantities will be caused by the drought.
The price could even get higher if the demand grew due to the scientific study that proved that soybean was good for you. That could pressure the price so high that the government would need to intervene the market and start selling stored soybean. The US government has huge deposits and silos of soybean, wheat and corn that they use to put a ceiling and a floor price to that commodities. If the government takes action the supply of soybeans could increase to satisfy the growing demand and lower the price a little. Since agricultural commodities are highly regulated in the US both the price and quantities may vary but ultimately the USDA has the final word.
