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3 years ago

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Which of the following companies is most likely to use nonprice competition rather than price competition? a. Recreational Equip

ment, Inc (REI) b. McDonald's c. Walmart d. Best Buy e. Amazon

1 answer:

Bingel [31]3 years ago

7 0

Answer: REI

That’s the answer

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1. If Bodin Company plans to sell 480,000 units during the year, compute the number of units the firm would have to manufacture

Dmitriy789 [7]

Answer:

450,000 Units

Explanation:

The complete part of the question is as below:

Bodin Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are planned for the year 20x1. Two units of raw material are required to produce each unit of finished product.

January 1 December 31

Raw material 35,000 45,000

Work in process 12,000 12,000

Finished goods 80,000 50,000

Solution:

Units to be manufactured to sell 480,000 Units = Sales + Closing Inventroy - Opening Inventory

= 480,000 + 50,000 - 80, 000 = 450, 000 Units

The number of units Bodin would have to manufacture is 450,000 Units

3 0

3 years ago

Read 2 more answers

In the budget constraint framework, when the price of a good rises and demand for the other good decreases, what can you say abo

nignag [31]

Answer:

The increase in demand of the product with the higher price or decrease in demand for the other goods is because the substitution effect is outweighed by the income effect of price increase.

Explanation:

The above explanation in economics refers to Giffen Good. The idea behind this concept Giffen is that if you do not have money and there is an increase in the price of a fundamental product such as bread, it is still impossible to afford other alternatives, hence you will go ahead to buy bread or avoid buying any of the product. Hence, the demand for other product will also decrease in this case. This means that the demand for product with higher price or decrease in other substitute product is due to the fact that the income effect outweighs the substitution effect. Hence people do not have the money to even afford the alternative product.

8 0

3 years ago

"The nature and purpose of the public sector result in a unique organizational characteristics". Discuss

alex41 [277]

The correct answer to this open question is the following.

Although the question is incomplete because it does not provide the location, country, or any other further reference, we can say the following.

The nature and purpose of the public sector result in unique organizational characteristics, basically in the formation of bureaucracies that are a form of governmental and administrative organizations with many employees and hierarchies that more that improve management and operations, complicate it and make it slow due to the fact that the number of people working is numerous.

Experts say that this is not the more efficient and effective form of managing governmental offices. On the contrary, it is slow and inefficient.

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3 years ago

When you open excel 2013 for the first time, what will appear?

Gnoma [55]

The excel start screen will pop up then from there you can choose to create a workbook a template and access your recent work

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3 years ago

At U.S. Data Corporation's web site, they advertised that "Because of our commitment to quality and our vast amount of industry

maksim [4K]

Answer:

The answer is: D) frame

Explanation:

A human sampling frame is a list of individuals that you can draw a sample from.

For example, the firefighters bought the list of donors for finding potential donors for their cause. This list of donors would be considered the sampling frame and the donors that actually donate to them would be the sample.

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3 years ago