Randall Company manufactures chocolate bars. The following were among Randall's manufacturing costs during the current year: Wag
es Machine operators $ 400,000 Selling and administrative personnel $ 85,000 Materials used Lubricant for oiling machinery $ 35,000 Cocoa, sugar, and other raw materials $ 350,000 Packaging materials $ 290,000 Randall's direct materials amounted to:
In the case of the large portfolio, the non-systematic risk that could be attached would have no effect on the total risk of the portfolio
So it is to be expected that the impact should be of non-systematic risk on different kind of stock that could be offset each other in order to remove out the risk to the investor that occurs from the sources of the risk
One of the biggest unethical practices that occur during the innovation process is lack of consumer safety. The entire idea of the innovation process is to try and create something truly functional that has not been done before and release it way before any competitor can create a similar product. In this rush to create the product, producers completely ignore many obvious faults that the product may have and/or any dangers it may pose to the consumer as long as the product works as intended.
Identical products is a characteristic of a A. perfect competition. Here are all of the characteristics of perfect competition: 1. a large number of small firms 2. identical products 3. freedom and resource mobility 4. knowledge of prices and technology