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3 years ago

Stores that carry a broad product line, with limited depth, are referred to as

Business

1 answer:

nordsb [41]3 years ago

7 0

Answer:

b. general merchandise stores.

Explanation:

In terms of <u>product line breadth and depth</u>, stores differentiate themselves in product assortment.

A general merchandise store has a broad product line, aiming to offer diverse types of products. However, since it is not specialized in a particular product category, it has limited depth. These types of stores are common in rural communities, where they are the main shop of choice.

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Current access control rosters should be authenticated by the manager or their designated representative. True False

LuckyWell [14K]

Answer:

TRUE

Explanation:

Current Access Control rosters should be authenticated, authorized and accounted for by the manager or their designated representative.

Bio-metrics, Electronic locks, and Smart cards are sensitive data-derivation technologies and since they are applied in a number of sectors - e.g. Telecommunications, Retail, Defense, Healthcare, Hospitality, and Information Technology - current access to devices and software applications should be authenticated by the manager or a designated representative of the manager.

6 0

3 years ago

The manager of a crew that installs carpeting has tracked the crew's output over the past several weeks, obtaining these figures

Taya2010 [7]

Answer and Explanation:

a. The computation of labor productivity for each of the weeks is shown below:-

<u>Week Crew size Yards installed labor productivity </u>

1 4 97 24.25

2 3 71 23.67

3 4 98 24.5

4 2 54 27

5 3 63 21

6 2 52 26

Therefore for computing the labor productivity for each week we simply divide the yards installed by crew size.

b. Perhaps even-sized crews are better than uncommon sizes and a crew of 2 seems to be performing best among the others

3 0

3 years ago

For a model economy, the mpc (marginal propensity to consume) is 0.8. Current GDP is $100 million. Potential GDP is $60 million.

saul85 [17]

Answer:

To reach full employment (reduce inflationary gap), government spending must fall by $8 million.

Explanation:

Multiplier = 1 / (1 - mpc) = 1 / (1 - 0.8) = 5

Output gap = Current GDP - Potential GDP = $100 - $60 = $40 million

Amount of change in government expenditure needed = Output gap / mpc = $40 / 5 = $8 million

Since the Potential GDP is less than the Current GDP, this implies that the government spending must fall by $8 million to reach full employment.

Therefore, to reach full employment (reduce inflationary gap), government spending must fall by $8 million.

5 0

2 years ago

Assume that a purely competitive firm has the following schedule of average and marginal costs:

tia_tia [17]

Answer:

a) At a price $55, the firm would produce 3 units of output.

At a price of $120, the firm would produce 6 units of output.

At a price of $200, the firm would produce 7 units of output.

The rule is Price = Marginal Cost for a competitive firm

b) The per-unit economic profit (or loss) is calculated by subtracting ATC at a particular level of output from the product price. This per-unit economic profit is then multiplied by the number of units of output to determine the economic profit for the competitive firm.

i) At the product price of $200, the average total costs are $146 , so per-unit economic profit is $54 . Multiplying this amount by the number of units of output results in an economic profit of $378 .

Explanation:

At P = 200, output produced is 7 units

ATC is $146

Per-unit economic profit = 200 - 146 = $54

Hence, Total economic profit = $54 x 7 = $378

ii) At the product price of $120, the average total costs are $140 , so per-unit economic losses are $ -20. Multiplying this amount by the number of units of output results in an economic loss of $-100.

Explanation: At P = 20, output produced will be 5 units. 6th unit will not be produced as it will result in even greater loss.

Total loss = ($140 - $120) x 5 = $100

4 0

3 years ago

Why consumer is important in economy?; How is the economy affected by wise consumers?; How does consumer demand affect a company

ivolga24 [154]

Consumers play a key role in raising demand for goods and services that have adopted circular economy principles. Moreover, The increase in consumer spending in turn helps the economy sustain its expansion. A undersupply and high demand will cause the company to be constantly running out of items and displeasing customers. Overall, a consumers demand is an economic measure of a group's desire for a product or service based on availability.

8 0

1 year ago