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alekssr [168]
3 years ago
7

The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative i

s:
Business
1 answer:
Vikentia [17]3 years ago
7 0

Answer:

Differential cost

Explanation:

Differential cost is defined as variance in cost that will be incurred between two courses of action. This is used to evaluate the best option of two investments under consideration.

The option that has more revenue will have less cost. So differential cost calculation is used to determine line of action that will bring least cost.

For example if one alternative action will entail use of a warehouse of $30,000, and the alternative is to use just in time inventory practice thereby requiring $10,000 in storage cost.

The best option is the just in time option

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why do demographic shifts and technological developments create both challenges and new opportunities for business​
satela [25.4K]

Answer:

As the population ages, with proportionally more older people and fewer younger people, demand patterns shift and opportunities arise in new markets. That means some industries will suffer or need to undergo dramatic shifts to remain relevant.

Explanation:

5 0
2 years ago
A normal good is defined as one:
AlexFokin [52]

Answer:

The correct answer is letter "D": the consumption of which varies directly with incomes.

Explanation:

Normal goods are those with quantities demanded increasing when consumers' income increases. Quantity demanded and increase have a directly proportional relationship. Consumer staples such as foods, drugs, and fuel are considered normal goods.

<em>The opposite of normal goods are inferior goods which have decreasing quantities demanded in front of increases in consumers' income.</em>

5 0
3 years ago
Dave klein is a produce farmer in northern california. his major customers are grocery stores in the midwest. dave's product is
ss7ja [257]
Given that <span>Dave Klein is a produce farmer in Northern California. His major customers are grocery stores in the midwest. Dave's product is a perishable item and will only last for about 2 weeks after it has been picked, so Dave is concerned with getting his product to his customers quickly. he ships almost daily when his produce is in season. However, he also needs to be aware of the cost of shipping.

The form of shipping Dave will most likely use is truck.</span>
4 0
3 years ago
Bank customers should reconcile their records frequently with ________ to prevent their checks from ________.
maxonik [38]
Bank customers should reconcile their records frequently with bank statements to prevent their checks from bouncing. They should frequently check the record of their balance in the account and the transactions being made to make sure that th checks they issue will still be valid.
3 0
3 years ago
Suppose that the government decides to charge cola consumers an excise tax. Before the tax, the market is in equilibrium, where
Hitman42 [59]

Answer:

The answer is: The excise tax on cola beverages is $2 per case.

Explanation:

Excise taxes are taxes levied on certain goods or services.

In this case the price of cola beverages is $4 per case, since excise taxes are included in the price of the product, then the excise tax on cola beverages = price paid by consumers - price received by producers = $4 - $2 = $2

8 0
3 years ago
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