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AnnZ [28]
3 years ago
9

Calculate revenue. Revenue is the quantity sold times the price for the product. The quantity sold will be the smaller of the qu

antity supplied or the quantity demanded. (You can't sell more than you are willing to make even if the market demands a higher quantity. Likewise you can't sell more than is demanded even if you are willing to supply more than the quantity demanded.) You will need to calculate which of these values is smaller because quantity demanded will be smaller than quantity supplied for some prices, but not others.
Business
1 answer:
ira [324]3 years ago
3 0

Answer:

Revenue for Smart Suiting is $521,306.

Explanation:

Revenue is the business operational source of finance. IFRS has made standards for revenue recognition which need to be followed by all organizations. The revenue should be calculated after deducting trade and cash discounts. If there is any sales return it should be deducted from the gross revenue figure. Net revenue should be reported in the Income Statement.

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To construct the consumer price index, the bureau of labor statistics must:
Afina-wow [57]
Find out what people buy and then proceed to survey how the prices of those items change 
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4 years ago
A technology company is growing rapidly and needs to hire experienced developers and marketing professionals. The best people in
Vitek1552 [10]

Answer:

A technology company is growing rapidly and needs to hire experienced developers and marketing professionals. The best people in these fields usually have jobs and need to be enticed to apply elsewhere. To identify individuals who are likely to be a good match, hiring managers should<u> use social media.</u>

EXPLANATION:

Nowadays, social media has taken over and has helped in making several tasks easier. Job search and hiring have been made a lot easier by the use of social media platforms.

The hiring managers of the technology company should use social media platforms, for example, LinkedIn to reach out for all people that fit into the job. Using social media, one can easily screen out for people having experience similar to the job requirements.

6 0
3 years ago
Ted is glad his company finally converted to an RFID system. Now, he no longer needs to go through all the new goods to make sur
DedPeter [7]

Answer: (A) Checking

Explanation:

According to the question, ted finally convert his company into the RFID system as by using this radio frequency identification system it automatically identifying the various types goods by using the unique code. Also by scanning the given bar-code we can easily identify the different categories of the products.

Therefore, ted is responsible for checking in his own company. Various types of organization or companies using the supply chain process.

Therefore, Option (A) is correct.

3 0
4 years ago
a manufacturing company has been facing codification challenges caused by fluctuating levels of stock.stores departments must ma
Dima020 [189]

The key considerations that should be made when choosing the most suitable type of stock is to control the stock.

<h3>What should the company control stock?</h3>

When stock is controlled it ensures that there is materials or resources available enough for production.

It includes adequate monitoring of the stock level to ensure sustainability through details inventory and monitoring.

Therefore, the key considerations that should be made when choosing the most suitable type of stock is to control the stock.

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4 0
2 years ago
monopolists are criticized because they are inefficient. what is meant by this statement? group of answer choices monopolists do
alina1380 [7]

Most people criticize monopolies because they charge too high a price, but what economists object to is that monopolies do not supply enough output to be allocatively efficient. To understand why a monopoly is inefficient, it is helpful to compare it with the benchmark model of perfect competition.

<h3>What are monopolies?</h3>

When there is just one seller in the market, it is called a monopoly. The monopoly case is typically viewed as the complete antithesis of perfect competition in economic research. The industrial demand curve, which slopes downward, is, by definition, the demand curve that the monopolist faces.

A monopoly is when one business and its product control a whole sector, there is little to no competition, and customers are forced to buy the particular products or service from the one business.

Examples of natural monopolies include corporations that provide utilities such as electricity and natural gas. They are monopolies because it is expensive to enter the market and because newcomers are unable to offer the same services in numbers and at costs similar to the dominant enterprise.

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4 0
1 year ago
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