Answer:
C. backward vertical integration
Explanation:
Vertical integration is one in which the supply chain of a clothe producing company is owned by the
Backward integration is a type of vertical integration in which a firms starts to fill in the role it once designated to another in the manufacturing of its product. Backward vertical integration would see a company buying another to fulfill its needs as regarding production.
From the above question, it can be seen that due to the inability of the china firm to meet up with Neon Electronics Inc; it started to produce the touchscreens needed for the tablet computers.
Cheers.
Answer:
False
False
Explanation:
Monopolistic competition is a type of imperfect market where there are many seller competing with each other but with differentiated products. Monopolistic competition is socially inefficient. The product variety externality implies that there is too little entry of new firms in the market.
Answer:
option B
Explanation:
In other to know how return fluctuation can be predicted with for instance, x%, predictability, one has to look at the normal distribution curve of return (average returns) to standard deviation of those returns. (check the attached file for additional details).
Hence, to be 95% sure that investment losses are less than 8% one needs to look at 95% of all returns which infact Mean return plos or minus 20. If the lower bound of this interval is less than 8% then the investment needs to be selected
check attached file for additional details
Answer:
$23.32
Explanation:
We have the given information as below:
Defective content average = 0.04
Number of units inspected per hour = 53
Hourly rate = $10
Cost involved in final product testing = $11
Now to determine if the inspector position is eliminated, we will need to calculate the number of defective products:
defective products = Defective content average × Number of units inspected per hour
defective products = 0.04 × 53 = 2.12
the hourly cost of defects = defective products × Cost involved in final product testing
The hourly cost of defects = 2.12 × $11 = $23.32
