Answer:
A. trade stifles the development of new industries that could be more efficient than the existing ones.
Explanation:
Answer:
A. channels
Explanation:
A Lean Canvas Business Model can be defined as a simple but fluid diagram contained in a single page document used for describing an entire business plan or business model at a glance.
The Lean Canvas Business Model was adopted and created by Ash Maurya from the Business Model Canvas of Alexander Osterwalder.
Basically, it is a business framework that is based on strategic informations such as business problems and solutions, competitive advantage and key metrics (indicators), cost, pricing, channels etc.
Hence, the avenues a business uses to reach customers, like a website, store, or advertising, defines the channels section of the Lean Canvas Business Model. Channels comprises of inbound and outbound channels. The inbound channel is a medium used for bringing in customers to your business such as blogs, websites, social media applications, white papers etc. Also, the outbound channel such as Ads, trade fair, calls, convention etc., leads the business to the entrepreneur's customers and potential buyers.
I believe the answer is: The price and quantity would both increase
During economic recession, the power of currency that a country have would also fall. When this happen, our money would only be able to buy less amount of products compared to the period before the recession. Because of this, companies tend to rise both the price and quantity of their products in order to maintain the same profit level.
Answer:
$190,000
Explanation:
Regis produces 30,000 plugs per year and its overhead costs are $8, so their variable costs are $28 per plug (=$36 - $8).
Orlan offers to sell them the same plugs at $33 per plug, which means that Regis will be paying $5 more per plug than its own variable costs.
Regis costs will increase $5 x 30,000 = $150,000 per year.
Its fixed costs will decrease by $60,000 if they decide to purchase the plugs.
Plus it can rent the facilities at XXX per year? since it plans to have $100,000 in net savings per year:
$100,000 = $60,000 + XXX - $150,000
$100,000 = XXX - $90,000
XXX = $190,000
<span>Original cost of the tractor = 85,000 Less
Accumulated depreciation = 60,000
Remaining book value of the tractor = 85,000 - 60,000
= 25,000.
Amount received from insurance company = 20,000
Therefore loss due to fire = 25,000 - 20,000
= 5,000
The company should recognize this amount as its own loss and debit the loss account. Corresponding credit should be given to tractor account so that tractor account will show zero balance.</span>