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Tanzania [10]
3 years ago
14

KitchenThings Inc. is a company that manufactures plastic kitchenware. It operates at an output level that allows it to keep its

unit cost per output to the lowest in the industry. This in turn allows KitchenThings to be the price leader. Other competing companies cannot operate at the same level due to a lack of consumer demand for their products. This puts them at a competitive disadvantage. In this scenario, the cost driver behind KitchenThings's strategic position is superior customer service. availability of complements. learning-curve effects. economies of scale.
Business
1 answer:
pav-90 [236]3 years ago
3 0

Answer:

Economies of scale

Explanation:

By definition, the concept of economies of scale is a state when the cost of production is saved by producing a larger quantity of output. With each additional unit of increase in the production level, the per unit cost of output is decreased providing the organization with economies of scale.

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The marketing manager for an automobile manufacturer is interested in determining the proportion of new compact-car owners who w
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Answer:

A)There is not sufficient evidence that the proportion is not 0.30.

Explanation:

When carrying out a statistical test, we always have two types of hypothesis which include null hypothesis and alternative hypothesis. The two hypotheses are opposite of each other, if one rejects one, he/she must accept the other. If the null hypothesis is accepted, it means that there is no statistical significance of the claim. In this case, the null hypothesis is accepted meaning that there is not sufficient evidence that the proportion is not 0.30. Hence, the correct answer is A

6 0
2 years ago
What are some benefits of effective peer collaboration? Check all that apply
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Practice listening
Develope critical thinking
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2 years ago
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Which of the following statements is true about marginal revenue?
shutvik [7]

Answer: Option B

Explanation: Marginal revenue is the additional revenue from selling one more unit.

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B. Negative marginal revenue shows that the  revenue earned from selling additional unit is less than the additional unit sold before.

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5 0
3 years ago
A 30-unit income-producing property has a sales price of $9 million. Annual gross income is estimated at $750,000. What's the gr
Cloud [144]

Answer:

12

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The gross income multiplier is defined as the ratio of sales price to its effective gross income.

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8 0
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Eight methods for improving intercultural communication
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