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maksim [4K]
3 years ago
10

if management decides to buy the cupholders from outside suppliers rather than to continue making the part, what would be the an

nual financial advantage
Business
1 answer:
raketka [301]3 years ago
5 0

The correct answer to this open question is the following.

Although there are no options attached, neither a case nor example for reference, we can comment on the following.

If management decides to buy the cupholders from outside suppliers rather than to continue making the part, the annual financial advantage would be that the company will save on fixed costs, the ones implied on hiring and paying people their salaries to produce the cupholders on a monthly basis. Also, the costs of machines to fabricate them.

That is why companies have to smartly decide about the so-called "make-or-buy decision." The best recommendation to make the correct decision is to apply a quantitative analysis.

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Discuss the difference between fixed expenses and variable expenses as they relate to a budget.
SSSSS [86.1K]

Fixed expenses are expenses that stay the same for a person or a business. An example of a fixed expense is rent/mortgage. This expense doesn't change if you are only usig the building for 2 weeks or the entire month, its a set rate. A variable expense is an expense that changes like an electric bill, it varies based on the month and usage. When you budget, you can easily budget for your fixed expenses but you need to allow some room in your budget for expenses that change.

6 0
3 years ago
Read 2 more answers
PLEASE ANSWER ASAP! Which of the following statements are true about brokerage firms? (Select all that apply.)
Zepler [3.9K]

Answer:

C and E.

Explanation:

Brokerage Firms are those firms that acts an a middlemen between the buyer and a seller to expedite a transaction. It is a financial institutions that ease the buying and selling of securities. These companies also charge a amount of fee or compensation on the completion of transactions. A brokerage firm is also known as brokerage company or brokerage.

There are three types of brokerage firms. They are:

  1. Full-service brokerage
  2. Discount brokerage
  3. Robo-advisors.

The discount brokerage provides less comprehensive services than the traditional one or the full-service brokerage. These services are provided via online as well by discount brokerage.

So, from the given options the correct options are C and E.

6 0
3 years ago
With regard to age segmentation, the tween and teenage cohort following the Millennials is sometimes called
kogti [31]

Answer:

<u>c.</u> Generation Z

Explanation:

7 0
3 years ago
Suppose the number of firms you compete with has recently increased. You estimated that as a result of the increased competition
marysya [2.9K]

Answer and Explanation:

An increase in the number of firms increases the demand elasticity. As the demand elasticity increases from 2 to 3 it means you could encounter less demand if product prices are increased. At a demand elasticity of -3, it is regarded as inelastic demand and a change in price will not affect the demand for the product as customers are still likely to patronize the product example gasoline. Due to its high demand, an increase in price will not readily affect the demand for it. Therefore if you are to change the price from $10 at 2 to 3 demand elasticity increase, the percentage of increase from 2 to 3 is given as.

3-2/2 X 100 = 50%

The new charge (x) at -3 demand elasticity = 50%/3 = 0.66666666

The increase in the new charge is therefore $10 + $10x = $10 + $10(0.166666) = $11.67

3 0
3 years ago
The perfectly competitive price and output level occur where
jasenka [17]

Answer:

It occur where MR = MC

Explanation:

Perfectly competitive organization or firm is the one who is price taker, which states that they must accept the price at which it sells the goods to consumer.

In a firm that is a perfectly competitive, the level of output  as well as the price happen where the Marginal Cost is equal to the Marginal Revenue.

It is stated as MR = MC.

7 0
3 years ago
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