Answer:
The correct answer is option c.
Explanation:
The price of Kate's breakfast special is $5.
The average variable cost is $3.95.
The average fixed cost is $1.25.
The average total cost
= $3.95 + $1.25
= $5.20
The price is not covering the average total cost but it is covering the average variable cost. The firm can continue operating in the short run but stop production in the long run.
Answer:
2. Competitive rivalry is strongest between firms that are within the same strategic group.
Explanation:
Now, the new company is in the same strategic group (grand companies) than Pacifico and West Winds thus, they feel threatened by them. Before they were small firm so it wasn't profitable to make competitionagainst a small portion of the market. As tehe cut of the new company is bigger enough to justify this, these company's start to go into the market share of Tropical Sunset.
<h2>Answer 1</h2>
Specialization
<h3>Explanation</h3>
Specialization is when an individual specializes and masters one particular art or service. This then leads to a division of tasks within the business arena and allowing each worker to focus on a particular aspect of work. Break up of tasks allows efficiency to prevail within the business arena and hence achieve success. Division of labor therefore can prevail by ensuring specialization being practiced.
<h2>Answer 2</h2>
the combinations of two goods that can be produced if the economy uses all of its resources fully and efficiently
<h3>Explanation</h3>
Production Possiblities frontier focuses on understanding if all the resources present in the economy are implemented for the production of two goods such as consumer and capital goods, what is the trade off that will take place to produce an increased amount of one type of goods and to let go off the other type of the good. Hence the frontier is like a mirror image of Alphabet 'C'.
Answer:
D) transnational strategy.
Explanation:
A transnational strategy is more personalized or custom fit than other global or international strategies. When corporations follow this approach, they will generally coordinate the subsidiary's operations with the headquarters, and will work closely together. Generally it focuses on marketing and operational activities, e.g. international retail stores.
