Answer:
Cost leadership
Explanation:
Cost leadership is the kind or type of leadership which is created or established as the competitive benefit by having the lowest cost or the expense of the operations in the business or industry and also seek efficient facilities.
It is sometimes drive by the cumulative experience, size, scope, scale and the efficiency of the company or the business.
So, the cost leadership strategy, which the business seeks the cost reductions and efficient facilities.
Answer: The correct option is B. an increase in quantity supplied of laptops.
Explanation: Supply is the amount of goods and services that a given firm is willing and able to sell to the market, at a given price and at a given point in time.
Factors that affect supply include:
- Price
- Cost of Production
- Technology
- Transport Conditions
- Government's Policies
- Prices of Related Goods, and so on.
In the scenario given in the question above, if an improved technology is being used to manufacture laptops, this will cause production costs to decrease, and cause output level to increase, thereby leading to a lower price of the laptops.
At this price, consumers will demand more of the laptops, and an increase in demand will definitely lead to an increase in the quantity of laptops that will be supplied to the market.
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Answer: A - factory Overhead
Explanation: Manufacturing costs are costs that a manufacturer incurres in getting the needed materials and costs incurred in converting the materials into finished goods for sale.
Manufacturing costs includes the direct labour, direct materials and factory/manufacturing overheads
Manufacturing costs are mainly uncured by a manufacturing company that converts raw materials into finished consumable goods.
Answer:
12 Times.
Explanation:
By putting values in the below format:
= (1200000/((80000+120000/2))
= 12