Answer:
some firms will exit from the market
Explanation:
Roger owns a small health store that sells vitamins in a perfectly competitive market. If vitamins sell for $12 per bottle and the average total cost per bottle is $12.50 at the profit-maximizing output level, then in the long run <u>some firms will exit from the market</u>
A perfectly competitive market consist of many buyers and sellers, different products and perfect information about the price of a good.
Option A. is correct.
Answer:
Outputs of operations management processes are always tangible goods.
Explanation:
Operations management focuses on the production and distribution processes of both goods and services. Its main goal is to improve the efficiency and effectiveness of the processes involved.
When applying operations management o service processes, you must pay attention to how the service is delivered to customers, e.g. procedures, schedules, activities, etc.
<span>If the customer takes legal action for this, both Tasha and the siding company are liable because both misled the customers and they did this intentionally.
But Tasha was told that </span><span>this was a standard practice for the siding company, so she is doing her job as told by the company but doing this will misled the customers so that is why both are liable.</span>
Answer:
$36000.
Explanation:
Given: Rate of return= 15%
cost of project= $240000.
Useful life= 5 years.
First, lets find out total income of the project.
We know, Income=
Total income of project=
∴ Total income of project= $180000.
Now finding annual net income of the projects.
We know the useful life of the projects is 5 years.
∴ Annual net income=
⇒ Annual net income=
The annual net income of the project is $36000, excluding depreciation expense.
Answer:
$2,500 million
Explanation:
Calculation to Estimate merchandise purchases for the third quarter
Using this formula
Third quarter merchandise purchases= Ending inventory + Cost of goods sold - Beginning inventory
Let plug in the formula
Third quarter merchandise purchases= $3,200 million + $2,100 million - $2,800 million
Third quarter merchandise purchases= $2,500 million
Therefore The Estimated merchandise purchases for the third quarter will be $2,500 million