As an economic advisor when launching a new brand there are a number of factors that needs to be considered.
<h3 /><h3>What is Economy?</h3>
Economy is the environment of a country that entirely depends on production of goods and services and its consumption.
Market trend- will analyze the purchase of similar brand in the current and past
Fashion- The brand offers the latest fashion and is not outdated
Demographics- the brand launched will be consumed by urban or rural areas and should be relatively marketed.
Age factors - the brand and product for suitability for a specific age group
Price affordability - whether the people in the society can actually afford the brand.
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Answer:
The firm will continue to produce in the short run.
Explanation:
Given the number of units produced by Acme Dynamite = 250 units.
The variable cost of producing the 250 units = $2000
The fixed cost = $500
The selling price = $25 per unit.
The new price after the fall in price = $10
Total revenue from the selling of 250 units = 250 × 10 = $2500
Since the revenue received is covering the variable cost and fixed cost. Thus, the firm will produce or continue to produce in the short run.
Answer:
c. wholesale prices on supplies
Explanation:
- The franchises provide the financial assistance and are limited to only some of the franchises and provide the location services as they have experiences of choosing a successful location.
- <u>Also the training of the people for the manual operations and to carry out the operational services and also serves as the advertising and the efforts on a national regional and the local basis and the needed administrative support in terms of the human resource in the accounting etc.</u>
Answer:Chain of command and unity of command help to ensure clear reporting relationships exist and eliminate the confusion caused by multiple, conflicting directives
Answer:
Cost of land = $1,005,000
Cost of building = $4,275,000
Explanation:
The calculation of cost of the land and new building is shown below:-
Cost of land = Purchase cost + Demolition of old building + Legal fees for title investigation and purchase contract - Salvaged materials
= $960,000 + $ 60,000 + 15,000 - $30,000
= $1,005,000
Cost of building = Architects Fees + Construction costs
= $105,000 + $4,170,000
= $4,275,000
