1. Starting a zoo has a high entry cost.
2. Value chain.
3. Other firm can neutralize the advantage by cutting prices to the same level.
4. Using only trees and grasses that are naturally pest resistant.
5. Calculate inputs and outputs.
6. Competitive strategy.
7. Rivalry.
8. Porter's five forces model.
9. Strawberry growers following an unexpected frost.
10. Purchasing books from a publishing house.
Answer: Opposing side
Explanation:
Substitutes to the products offered by monopolies are frowned upon by monopolies because it means that they cannot raise prices whenever they want anymore because people could simply switch to the substitutes.
Substitutes therefore reduce the power of monopolies. Marijuana is a substitute to beer as a recreational product so beer companies would be opposed to it being legalized as it would pose a threat to whatever dominance they have in the recreational sector.
Answer:
a. income after taxes - consumption.
Explanation:
Private savings is the amount that is saved in a household. The salary earners in a household usually get their income(salary or wages) in which a percentage is removed as tax. The remainder of the money is used to finance the home.
The private savings is simply gotten by income tax minus the consumption.
Answer:
transaction
Explanation:
Transaction is the confirmation that an exchange has taken place. Before a transaction could be consumated, there must be at least two or more persons that are involved. Transaction means that a deal has been made such as receiving value for payment of product purchased.
With regards to the above, transaction is the right answer because after money has been exchanged with the products purchased, the confirmation that the exchange actually took place is transaction.
Answer:
See below
Explanation:
The cost of goods manufactured is computed as;
Beginning inventory
$25,300
Add ;
Raw materials purchases
$106,100
Cost of goods available for sale
$131,400
Less:
Ending inventory
$39,100
Cost of goods sold
$92,300
Add:
Beginning work in process
$24,100
Less:
Ending work in process
($26,600)
Cost of goods manufactured
$89,800