Answer: D. net demander of funds because it borrows more than it saves
The government incurs more debts than gain profits as shown by most financial reports. The government is viewed similarly to that of business firms being net demanders by loaning huge amounts to financial institutions indirectly. The indirect borrowing done by government is done through debt security selling.
Answer: market penetration
Explanation: In order to carter to its rapidly increasing number of patrons, Phoenix is engaging in market penetration by opening 400 stores to this effect. Market penetration is simply defined as a process of increasing or making more sales to current customers of an organisation without changing or modifying the products of the organisation.
Answer:
($500,000)
Explanation:
Economic profit = revenue - explicit costs - implicit costs (opportunity cost)
The revenue is = $3.00 x 250,000 peaches
= $750,000
The explicit costs are = land cost + equipment rent + salaries
= $1,000,000 + 50,000 + 140,000
= $1,190,000
The implicit costs are = interest income + earnings as a shoe salesman
= $20,000 + $40,000
= $60,000
Economic profit = $750,000 - $1,190,000 - $60,000
= ($500,000)
Thus, the farmers' total economic profit is actually a total economic loss of $500,000
Answer: A
Supply chain management
Explanation:
Supply chain management is the deliberate control of the movement of goods and services in order to maximize product value, sustain competitive advantage and also reduce cost of production.
Effective supply chain systems help manufacturers reduce excessive inventory holding and this helps in reducing production cost. The main goal of a supply chain management is to better coordinate the inflow and outflow of raw materials, services or information in a firm.
