A maintenance department is an example of a cost center. Cost center is a department in a certain organization in which a costs may be charge to accounting purposes. It is responsible for costs but they do not directly give profit to the company.
Answer:
The answer is C. can earn profits or incur losses in the short run.
Explanation:
A monopolist maximizes profit or minimizes losses by producing that quantity that corresponds to when marginal revenue = marginal cost. However, if the average total cost is above the market price, then the firm will incur losses, equal to the average total cost minus the market price multiplied by the quantity produced
Executives turn to WHITEPAPERS prepared by potential b2b marketers to confront an unfulfilled business need.
- The whitepapers contain useful information that will guide the executives to realize the business needs to fulfill for potential customers.
- The whitepapers are usually issued by the potential customer organization as a way of advocating clearly its position on a specified business problem.
- The whitepapers provide the executives the guide they require to understand and solve business needs.
Thus, executives should turn to whitepapers prepared by potential b2b marketers to solve unfulfilled business needs.
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Answer: Price of bricks will increase and quantity will increase.
Explanation: Since Stone and bricks are substitutes to each other, a rise in the price of stone due to the new regulation will lead to a rise in the demand for bricks. Since bricks are now relatively cheaper as compared to stones after the price rise, people will use more bricks than stones. This will shift the demand for bricks to the right driving upwards the price for bricks and also increase the quantity of bricks being sold in the market.
The answer is: C). loans that are given to consumers with bad credit
Consumers with bad credit tend to have high chance of not be able to give back their loan. This is why these consumers are considered to be 'high-risk' in the perspective of the credit providers.
Bad credit usually obtained due to inability to pay credit in the past, had higher spending compared to the amount of income, and do not possess any assets that can be used as collateral.