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3 years ago

How would a manufacturer benefit by using fewer scarce resources

Business

1 answer:

Dima020 [189]3 years ago

4 0

A manufacturer tries to benefit by using scarce resources in the following ways -

Scarce resources will reduce the cost of production leading to maximum profits.

Lesser cost of production will make it more budget friendly and popular among the customers.

Because of better margins, business can invest in research and development to offer better quality products to its customers.

Read more on Brainly.in - https://brainly.in/question/5403340#readmore

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How have the members of swaayam ksheer been able to double their profits?

Alborosie

By processing their milk supply by themselves and cutting out middlemen, by pooling their resources and working together, the members of Swaayam Ksheer have been able to generate more purchasing power and grow their operations and have been able to double their profits.

5 0

3 years ago

Benjamin Company had the following results of operations for the past year:Sales (16,000 units at $10.25) $164,000Direct materia

Mamont248 [21]

Answer:

Profit will increase by 5,975

Explanation:

From past year we can see that total variable cost will be:

Direct Material+Direct Labor+Variable Over head.

Total Variable Cost =100,000+20% of 20,000

Total Variable costs = 100,000+4000= 104,000

Per Unit Variable cost = Total Variable cost/Total Unit Produced

Per Unit Variable Cost = 104,000/16,000 = 6.5

If Benjamin accepts the offer results will be:

Sale (4,500*8.05) 36,225

Variable Cost (4,500*6.5) (29,250)

Incremental Fixed cost (650)

Incremental admin

and selling cost (350)

Operating Income 5,975

7 0

3 years ago

Read 2 more answers

You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery

Eduardwww [97]

Answer: The expected loss is $2.3

Explanation:

Total number of tickets to be sold = 100 tickets

one $450 prize, the expected gain = 450 x (1/100) = $4.5

two $110 prizes, the expected gain = 110 x (2/100) = $2.2

four $25 prizes. the expected gain = 25 x (4/100) = $1

Expected gain (loss) = Total expected gain - Cost of the ticket

= (4.5 + 2.2 + 1 ) - 10

= (2.3)

The expected loss is $2.3

5 0

3 years ago

Read 2 more answers

If a stock portfolio is well diversified, then the portfolio varianceA. will equal the variance of the most volatile stock in th

mihalych1998 [28]

Answer: The correct answer is "B. may be less than the variance of the least risky stock in the portfolio.".

Explanation: If a stock portfolio is well diversified, then the portfolio variance may be less than the variance of the least risky stock in the portfolio.

This occurs because diversifying the risk results in a lower risk in the total portfolio.

8 0

3 years ago

7. What is the advantage of binding things as early as possible? What is the advantage of delaying bindings?

denpristay [2]

Answer:

1. early binding enhances performance

2. late binding gives flexibility

Explanation:

this is generally the advantage of early binding. early binding gives room for better efficiency

.This is because it would be needless to reanalyze every time whenever something is declared. Early binding is for performance.

meanwhile late binding is known to have better flexibility and gives room for more polymorphism. this binding gives extension to runtime.

3 0

3 years ago