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Valentin [98]
3 years ago
8

Ikea invests in alternative solutions such as using solar panels and wind turbines to to supply energy to its buildings, and the

company is committed to decreasing the amount of raw materials it uses in making its products and avoiding the depletion of natural resources. These actions by Ikea are an example of ______.
Business
1 answer:
erastova [34]3 years ago
8 0

Answer:

Green marketing

Explanation:

Green marketing is defined as the process by which a person or company promotes products that are environmentally friendly or that gives environmental benefits.

It involves processes like promotion, packaging, product modification and so on.

In the given scenario Ikea invests in solar panels and wind turbines to to supply energy to its buildings, thereby decreasing the amount of raw materials it uses in making its products and avoiding the depletion of natural resources.

This is green marketing.

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If we had a situation of Diminishing Marginal Productivity, then this would be great news for the firm. Senior management loves
juin [17]

Answer:

The correct answer is the second option: False.

Explanation:

To begin with, the well known term of <em>"Diminishing Marginal Productivity"</em> is understood to be an economic law whose main purpose is to explain that given a certain level of an input, the production of the company will start to go down eventually after adding more and more of that variable. Therefore that this theory states that when a company adds more of a factor of production, everything else constant, when it reaches a certain level that input will start to affect the output of the good and with it the profits of the business. That is why that if the company is in a situation of diminishing marginal productivity the senior management would not be pleased.

3 0
3 years ago
Do you think that some people have difficulty talking to others face-to-face because of how prevalent texting is today? When you
denpristay [2]
Answer: I do think that people have difficulty talking to others face-to-face because of how prevalent texting is today. The reason for that is because we’ve gotten used to having time to think about our answer before sending our message. In general, there’s less pressure with texting than there is with face-to-face. You’re in front of the person you’re talking to and they’re able to monitor you closely, which could make some people uncomfortable and unable to think of anything to say. Another reason is because texting is able to be done without moving. It’s more convenient than meeting up with someone to discuss something.
7 0
3 years ago
JudyJudy hires students at ​$5050 a day to mow lawnsmow lawns. SheShe leases equipment that costs ​$8080 a day. Suppose that Jud
Vsevolod [243]

Answer:

D. slopes upward

Explanation:

if Judy experiences diseconomies of scale this means the return for adding further factor into the economy decreases. Therefore the marginal cost increase more than the marginal revenue from the added factor.

His average cost curve will shift upwards. Each time Judy adds equipment and workers his cost increase more than the previous worker or equipment.

<u>Resuming:</u>

Producing an additional units is more expensive than the previous unit therefore, the average cost increases through units output.

5 0
3 years ago
Wilton Corporation had beginning retained earnings of $724,000 and ending retained earnings of $833,000. During the year, it iss
ryzh [129]

Answer:

Explanation:

The ending retained earnings =  beginning retained earnings + net income - Dividends Paid

Net income = ending retained earnings - beginning retained earnings + Dividends Paid

                   = $833,000 - $724,000 + $50,000

                   = $159000.

Therefore, the net income for the year is $159000.

7 0
3 years ago
Ramirez Company sells a product for $80 per unit. The variable cost is $60 per unit, and fixed costs are $4,850,000. Determine (
pogonyaev

Answer:

(a) 242,500 units

(b) 267,500 units

Explanation:

(a) Break-even point in sales units:

= Fixed costs ÷ (Selling price per unit - Variable cost per unit)

= $4,850,000 ÷ ($80 - $60)

= 242,500 units

(b) Break even point in sales units if the company desires a target profit of $500,000:

= (Fixed cost + Target profit) ÷ (Selling price per unit - Variable cost per unit)

= ($4,850,000 + $500,000) ÷ ($80 - $60)

= $5,350,000 ÷ $20

= 267,500 units

4 0
3 years ago
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