4 years ago

Sixty new grocery stores opened. This will both the price and quantity of food in the marketplace. A.affect B. not affect

Business

1 answer:

Vlad1618 [11]4 years ago

5 0

Answer:

The correct answer is option A.

Explanation:

Opening up of sixty new grocery stores will increase the supply of food in the market. As a result, the supply curve will shift to the right.

This rightward shift in the supply curve will cause the equilibrium price to decrease and equilibrium quantity to increase.

So we see that opening up of these grocery stores is affecting the equilibrium price and equilibrium quantity.

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Answer:

Who want to rent a boat? 8 person

Explanation:

Carry 1500 pounds

Carry 200 pouns

Average 150 pound /person

Additional10 pounds/person

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Tactical plans specify how a company will use resources, budgets, and people to accomplish specific goals within its mission

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A. True

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Tactical planning outlines the short-term steps and actions that should be taken to achieve the goals described in the strategic plan.

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3 years ago

Identify and explain three functions of the Managing Director.

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Answer:

Developing and executing the company's business strategies.

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Explanation:

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3 years ago

As a member of a typical of traditional work group, joshua should expect to be responsible for:

Goryan [66]

Doing what he is told.

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4 years ago

The Waterfall Company sells a product for $150 per unit. The variable cost is $80 per unit, and fixed costs are $270,000. Determ

MrRissso [65]

Answer

(a) 3858 Units

(b) 4372 Units

Explanation

SP = Selling price per unit = $150 per unit

VC = Variable cost per unit = $80 per unit

TFC = Total Fixed Cost = $270,000

(a) Break-Even Point (Units) = Fixed Costs ÷ (Revenue per Unit – Variable Cost per Unit)

= $270,000 ÷ ( $150 per unit - $80 per unit )

= 3857.14 ≅ 3858 Units

(b)

x = Number of units

TR = Total Revenue = $150x

TC = Total Costs = Total Fixed Cost + Total Variable Cost

TC = $270,000 + $80x

Target Profit = $36,000

Total profit = Total Revenue - Total Costs

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306000 = 70x

x = 4371.42 ≅ 4372 Units

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4 years ago