Answer:
The 10,000 units of output that will be supplied by the two firms to the market.
Profit that each firm would earn will be higher than previous.
Explanation:
The firm selling 4,000 units at the price of $10 per unit. If the output is increased to 6,000 units the price will increase to $11 per unit. If the new 6,000 units are produced along with the previous 4,000 units then the total output supplied by the two firms will be 10,000 units (6,000 + 4,000). The supply of goods in the market will increase so price will fall and the revenue for the firms will decline but they can benefit with sales volume and their profit can increase.
Answer:
The answer is given below;
Explanation:
Retained Earnings (125,000*2%) Dr.$2,500
Dividend payable Cr.$2,500
Retained Earnings (62,000*.25) Dr.$15,500
Dividend Payable Cr.$15,500
A step lease covers the landlord's expected increases in expenses by increasing the rent on an annual basis over the life of the agreement.
Answer: The correct answer is "B. subdivision plat lot and block number".
Explanation: The subdivision plat lot and block number method of land description contains information on a wide variety of easements and can sometimes even contain a list of restrictive agreements.
Answer:
a. Market penetration
Explanation:
Market penetration strategy is a product promotion approach through which a company seeks to gain a greater share in markets it already operates. The strategy is used to increase sales volumes in existing markets.
Market penetration applies where similar goods and services exist. A company uses the low-price technique or present its products as superior as compared to those of its rivals. The objective is to draw customers' attention to the company's products. Advertising using special features and benefits presents the products as unique and superior, thereby attracting customers' attention.
