1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sashaice [31]
3 years ago
6

3)During a routine market study conducted by CL Foods, it was noted that Chinese and Indian food products were in high demand in

American society. In order to take advantage of such a demand, CL Foods manufactured and sold these food items locally. In this scenario, the company is taking advantage of a _____.
A. market opportunity T/F
Business
1 answer:
Mars2501 [29]3 years ago
4 0

Answer:

TRUE

Explanation:

A  market opportunity indicated the Place time or commodity that helps to start or grow a business.

This market opportunity is like a forecast for a particular business to start and grow, when a proprietor gets the market opportunity he will start his business according to market forecast that helps him creating a suitable market for manufacturing commodities .

You might be interested in
When reviewing Form 13614-C, you see the "Interest" question is marked "Yes" and the taxpayer gives you a Form 1099-INT. You sho
Olenka [21]

Answer:

True

Explanation:

yes it is true that you should ask the taxpayer if they had any other interest income to avoid double taxation elsewhere

7 0
3 years ago
Suppose you have won a free ticket to see a Bruce Springsteen concert. This ticket has no resale value. Also suppose that U2 has
steposvetlana [31]

Answer: $72

Explanation:

Opportunity cost is the cost incurred or benefit foregone by selecting some other alternative which gives the some level of satisfaction.

It is totally depend upon the preferences of the consumers or individuals.

The opportunity cost of seeing Bruce Springsteen is $72(= $134 - $62) that is the difference between actual ticket price and willing to pay for U2 concert.

4 0
3 years ago
Consider Figure 9.2 on page 205 of our textbook. Suppose P0 is $10 and P1 is $11. Suppose a new firm with the same LRAC curve as
Oduvanchick [21]

Answer:

The 10,000 units of output that will be supplied by the two firms to the market.

Profit that each firm would earn will be higher than previous.

Explanation:

The firm selling 4,000 units at the price of $10 per unit. If the output is increased to 6,000 units the price will increase to $11 per unit. If the new 6,000 units are produced along with the previous 4,000 units then the total output supplied by the two firms will be 10,000 units (6,000 + 4,000). The supply of goods in the market will increase so price will fall and the revenue for the firms will decline but they can benefit with sales volume and their profit can increase.

8 0
3 years ago
Carmichael Company is considering purchasing a piece of equipment for $60,000. It expects the equipment will last 12 years (and
nalin [4]

Answer:

Initial outlay = $60,000

Annual net income before tax = $7,200 per annum

Depreciation = <u>Cost - Residual value</u>

                        Estimated useful life

                      = <u>$60,000 - 0</u>

                           12 years

                     = $5,000 per annum

Annual net cashflow before tax

= Annual net income before tax + Depreciation

= $7,200 + $5,000

= $12,200

Explanation:

In this case, the annual net income before tax has been given. The annual net income before tax has excluded depreciation, which does not involve movement of cash. Therefore, we need to add back depreciation in order to obtain the expected before tax cashflow.

4 0
3 years ago
Help please !
Molodets [167]

Answer:

YASSSSS HEY

Explanation:

BFIEBFUIWEBPWIUEHUIEHFIUPWEHWE

5 0
3 years ago
Other questions:
  • What is the price at which a dealer will sell a bond?
    8·1 answer
  • If a country's money losses its function as a store of vaule?
    8·1 answer
  • Veronica's dress shop marks down a pair of shoes 15% when the customer purchases the shoes with a dress or pantsuit. the sale pr
    15·2 answers
  • 1. Assuming that crowding out is not an issue, if Congress increases business taxes at the same time that the Federal Reserve co
    7·1 answer
  • In the Shaping Department of Oriole Company the unit materials cost is $4.00 and the unit conversion cost is $2.00. The departme
    9·1 answer
  • Market research indicates that a new product has the potential to make the company an additional $1.6 million, with a standard d
    13·1 answer
  • At the end of 2021, Havana contributed $696 thousand to the pension fund and benefit payments of $624 thousand were made to reti
    5·1 answer
  • Which of the following HR activities is similar to analyzing a job that does not yet exist?
    13·1 answer
  • During the current Year, Bob’s Ceramics Shop had sales revenue of $150,000, of which $73,000 was on credit. At the start of the
    15·1 answer
  • A lottery winner can take $6million now or be paid $600,000 at the end of each year for the next 16 years. The winner calculates
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!