Answer:
False
Explanation:
According to Michael Porter in an industry the larger the number of competitors the larger the number of equivalent products, and the less the power of the company to increase price of its products. This is because there are wide range of products that can substitute theirs.
On the other hand when there is weak competition, the number of subsititute products will be low and the company can increase price and make profit.
So the argument that the weaker each of the competitive forces, the more limited companies are in their ability to raise prices and earn greater is false.
Answer:
Olivia would have the head of household standard deduction of 18,350 plus an additional 1,650 because she is a senior citizen and is single.
Explanation:
Based on the cost to Harry's Construction Company, the following are true:
<h3>What are Harry's Variable Costs?</h3>
These are costs that change based on quantity used. The variable cost here will be:
= ( Number of workers x Cost per worker) + (Number of bulldozers x Cost per bulldozer)
= (3 x 100) + (2 x 300)
= 300 + 600
= $900
There are no given fixed costs so the fixed costs are $0.
<h3>What are the Total costs?</h3>
= Variable cost + Fixed cost
= 900 + 0
= $900
Find out more on variable costs at brainly.com/question/8225307.
Answer:
Direct
Explanation:
There are different types of conversion systems. Example includes the direct conversion and parallel conversion.
In this conversion system, users stops using the old system one day and starts using the next system the next.
Its requires fewer resources and is simple if nothing goes wrong. Risk involved mostly if the hardware and software are old or at a cutting edge.
Direct conversion is said to be an abrupt change where the the old system is simply unplugged and the new system is turned on. It does not allow users with any choice but to work with the new system. It is said to be risky and least cost.
