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bulgar [2K]
3 years ago
11

Matt Newell, a former Air Force pilot, decides to operate a helicopter tour company to provide customers with breathtaking views

of the Rocky Mountains. He obtains a loan and purchases the necessary land, facilities, advertising, and five helicopters for his business. What important factor of production has he overlooked in creating his business? A. equipment B. capital C. labor D. entrepreneurship E. natural resources
Business
1 answer:
Keith_Richards [23]3 years ago
4 0

Answer:

Labor

Explanation:

Factor of production: There are several resources that are required in the process of production or running any business to meet the required goal of the business.

There are four factor of production:

  • Land
  • Labor
  • Capital.
  • Entrepreneurship.

In the given case, Matt Newell is an Entrepreneur as he has started a new helicopter tour company, for which he acquired land and capital from the loan, however, he has not to manage labor for his business. Labor is essential to run any business.

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Coachlight Inc. has a periodic inventory system. The company purchased 205 units of inventory at $9.50 per unit and 310 units at
lukranit [14]

Answer:

Weighted average cost per unit = $10.10

Explanation:

We know,

Under weighted average unit cost, the cost for purchased inventory = Total inventory costs ÷ total inventory in units

Given,

Total inventory in units = 205 + 310 = 515 units

Total inventory costs = (205 units × $9.50) + (310 units × $10.50)

= $1,947.50 + $3,255 = $5,202.50

Therefore,

Weighted average cost per unit = $5,202.50 ÷ 515 units

Weighted average cost per unit = $10.10

Therefore, the company will use this cost per unit to determine cost of goods sold and ending inventory.

5 0
3 years ago
A firm can be expressly prohibited from engaging in certain business activities or can be broken into two or more competing firm
irina1246 [14]

A firm can be expressly prohibited from engaging in certain business activities or can be broken into two or more competing firms when it is found guilty of antitrust violations.

<h3>What is antitrust laws?</h3>

These are laws established to protect the interest of the consumers by creating enabling environment for businesses to thrive. These laws prevent unfair business associations such as trusts contribute to competition.

Anti-trust laws are laws, meant to protect the customer from predatory practices by businesses such as collusion hence ensuring that there is competition in the market for the benefit of the consumer.

Learn more about antitrust laws here: brainly.com/question/13800256

#SPJ1

8 0
2 years ago
Which of the following is true of magazine advertising? It offers lower consumer receptivity and engagement. It offers relativel
GuDViN [60]

Answer:

The correct answers are letters "C" and "D": It offers relatively lower reach and frequency than other media; It is generally considered to have a lower lead time.

Explanation:

Magazines are mediums of information characterized by being dedicated to a targeted market. This is because magazines are printed over certain specific matters such as<em> auto magazines, cooking, food, and beverage magazines </em>or <em>computer and electronics magazines.</em>  

<em>Disadvantages of magazines imply the information portrayed might not be updated since most of them are available for sale periodically -e.g. once a week, month- making an advertisement difficult to be kept up. This situation also means that magazines frequency is lower compared to other media such as newspapers whose reach is higher as well.</em>

3 0
3 years ago
How will the organization obtain cash to operate concession stands and provide
ankoles [38]

Answer:

Take inventory of all existing equipment and supplies. ...

Step out of the stand and view it from the outside. ...

Mentally walk through a transaction involving each type of menu item you sell. ...

Consider the customer's need for counter space.

Explanation:

Brainliest

3 0
3 years ago
The laser printer in your home office needs to be replaced. You have been using it to print the normal number of pages that resu
andriy [413]

Answer:

ink-jet printer.

Explanation:

The ink-jet printer is the printer that is cheaper also smaller at the same time it also used for printing the text documents and highly quality colored images so for printing the receipts from the online orders and for some letters the above printer should be used as the cost of the printer is low

So the same should be selected

4 0
3 years ago
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