Answer:
A. Labour
D. Flour
Explanation:
A resource is something that supplies or adds value to a process. To this small business, resources will be all the things it uses to bake and deliver customers' cakes.
Labour and flour and useful in the baking of cakes. Without these two resources, the business will halt. Resources are, therefore, the inputs that make production possible.
The company probably uses the multidomestic strategy.
<h3><u>
What is a multidomestic strategy?</u></h3>
- A multi-domestic strategy is one in which businesses adapt both their product lineup and their marketing approach to suit several national contexts in an effort to maximize local responsiveness.
- Each large national market where commerce is conducted typically has established production, marketing, and R&D operations.
- The structure of multinational corporations is described by an alternative use of the phrase.
- International or multinational businesses advertise comparable products in numerous countries and benefit from economies of scale through shared overhead.
Multinational corporations can achieve more localized management by having separate headquarters in many nations, but at a higher cost by forgoing the economies of scale through cost sharing and centralization.
Know more about multidomestic strategy with the help of the given link:
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Answer:
Price Decreases & Quantity Decreases
Explanation:
As a result of the discovery of an alternative which is cheaper, consumers increase demand for natural gas. The demand for heating oil would fall. This would lead to a fall in price and quantity.
I hope my answer helps you
Answer:
$11,400
Explanation:
Income Statement
For the year ended December 31, 2019
Particulars Amount
<u>Revenues</u>
Service revenue $37,900
<u>Expense</u>
Salaries & wages expense $16,000
Insurance expense $2,900
Rent expense $3,400
Supplies expense $2,500
Depreciation expense <u>$1,700</u>
Total expenses <u>$26,500</u>
Net income (loss) <u>$11,400</u>
Answer:
The correct answer is letter "D": environmental costs included in market price.
Explanation:
Oil and other resources like natural gas are used as fuel and energy sources. However, <em>the environmental cost of extracting them is not included in the market price</em>. If that would happen, prices of those sources would not be accessible to regular consumers.
The exploitation of oil emits methane which is a gas even more harmful to the environment than carbon dioxide. Governments in most cases regulate the oil exploitation considering the environmental impact of that activity.