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alexandr402 [8]
3 years ago
5

Both BioThink Inc. and GD Pharma Inc. have discovered similar vaccines to prevent cancer. While GD Pharma's vaccine sells at $10

0 per unit, BioThink sells its vaccine at $90 per unit. This price differentiation has mainly been attributed to the companies' capital decisions. While BioThink used its retained earnings to develop the vaccine, GD Pharma borrowed funds from banks to develop the vaccine. Thus, GD Pharma pays a higher interest on its capital, which makes it necessary to price its vaccine higher. Thus, the key driver for BioThink's competitive advantage is:
Business
1 answer:
yan [13]3 years ago
7 0

Answer:

cheap input factors

Explanation:

Based on the information provided within the question it can be said that BioThink's competitive advantage in this situation would be their very cheap input factors. This refers to any resource that a company uses in order to output a certain product. Therefore by paying less on the resources they use they are then able to price their product cheaper than their competitors, thus giving them a competitive advantage.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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I would say a
<span>.increase in supply</span>

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A. The company provided $2,200 in services to customers that are expected to pay the company sometime in January following the c
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Answer:

Year end journal entries are given below in explanation

Explanation:

a. Company provided service to customer which means that company has earned revenue

Account                                             Dr                  Cr

Accounts Receivable                       2200

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b. Wages expense have incurred but are not paid yet. Thus, its Liability should be booked.

Wages Expense                                1200

Wages payable / Liability                                        1200

c. The company has taken loan from the bank. Interest due on the loan is 416 but are not paid yet.

Interest Expense                                416

interest Payable                                                       416

d.  The company had contract for lawn service. To book the expense of lawn service

Lawn Service Expense                        520

Lawn Service Payable                                                520

e. The company has also made some investment. $ 220 is earned on that investment. to book the non operating income

Interest revenue receivable                220

Interest revenue - Non operating income                   220

f. Salaries of Supervisor is due on  31 st December but are not paid yet.

Salaries Expense                                   920

Salaries payable                                                              920                              

6 0
3 years ago
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Answer:

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8 0
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Answer:

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