Answer:
a decrease in the price of a kayak
Explanation:
A decrease in the price of kayaks leads to a downward movement along the supply curve for kayaks and not a shift of the supply curve.
An increase in the costs of materials to build a kayak and an increase in the taxes on kayaks increases cost of production and discourages production. Therefore, supply would fall. The supply curve would shift to the left as a result.
A decrease in the number of sellers of kayaks would reduce sipply and supply would fall. The supply curve would shift to the left as a result.
I hope my answer helps you
Answer: b) $43,650
Explanation:
Contribution margin of Domestic division + contribution margin of Foreign division - traceable fixed cost - common fixed cost = Net operating income for company
46,400 + (0.35 * 243,000) - 51,000 - Common = 36,800
80,450 - Common = 36,800
Common = 80,450 - 36,800
= $43,650
Answer:
Imitative new entry
Explanation:
This is called imitative new entry. There are business imitators who are interested in capitalizing on existing and proven success in the business venture they want to enter.
It is used by entrepreneurs who have seen business success in a particular business line and then they go ahead to introduce the same service or product in a different segment of the market. Entrepreneurs use this when they think are better equipped to do a job than the already existing competitor.
Seeking products or services that have been successful in one market and introducing the same basic product or service in another segment of the market is referred to as _____________ new entry
Answer:
Option (b) is correct.
Explanation:
Amount of loan taken from uncle = $20,000
Uncle is used to earning Interest rate = 8%
The minimum lump-sum payment two years from now would make your uncle happy is as follows:
= Amount of Loan × (1 + Interest rate)^(Time period)
= $20,000 × (1 + 0.08)^(2)
= $20,000 × (1.08)^2
= $20,000 × 1.1664
= $23,328