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saw5 [17]
3 years ago
9

In response to dwindling sales of organic meats, Hain Celestial executives decided to promote the sale of organically grown nuts

as an alternative source of protein, which is an excellent example of a firm's:
Business
1 answer:
3241004551 [841]3 years ago
3 0

Answer:

Product substitute

Explanation:

Product substitute is defined as one that meets similar needs of the consumer. As demand for one of such goods rises the demand of the other tends to fall as the meet similar needs.

In the given scenario organic meats are seen as being substituted by organically grown nuts as a source of protein.

So when Hain Celestial has dwindling sales of organic meats they were considering organically grown nuts as a different product to give to customers

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Finished goods that have not yet shipped to
zavuch27 [327]

Answer:inventory

Explanation:

4 0
3 years ago
Read 2 more answers
The Finishing Department of Parker and King​, ​Inc., the last department in the manufacturing​ process, incurred production cost
Ymorist [56]

Answer:

transferred-out 135,000

Explanation:

We solve using the following identity:

beginning WIP + cost added during the period:

total cost to be accounted for.

Then this value can be either ransferred-out r remain at the ending WIP

so we construct as follows:

beginning                     0

added                180,000

Total cost           180,000

ending             <u>  (45,000)  </u>

transferred-out 135,000

3 0
3 years ago
Where would revenue be maximized for a company facing a linear demand curve
Bond [772]

Answer:

at equilibrium point

Explanation:

equilibrium when price is reasonable to both sellers and buyers. They are willing to buy and sell at optimal quantity, so that firm can maximize revenue

3 0
2 years ago
If Dirk’s Doughnuts is a perfectly competitive firm and is currently incurring economic losses of $500: a. firms will enter the
GenaCL600 [577]

Answer:

The correct answer is option e.

Explanation:

In a perfectly competitive market, there are no limitations on the entry and exit of firms. If the existing firms have positive economic profits, this attracts other potential firms to join the market. In case of losses the firms incurring losses exit the market.  

If Dirk’s Doughnuts is operating in a perfectly competitive market and is incurring economic losses, firms having losses will exit the market.  

This will cause the market supply to decrease. As the supply curve shifts to the left, the price of the product will increase. This will cause profits to increase. The firms will operate at zero economic profits.  

4 0
2 years ago
The skills embodied in workers through experience, education and on-the-job-training are known as _____.
PtichkaEL [24]

The skills embodied in workers through experience, education and on-the-job-training are known as human capital.

<h3><u>What is human capital?</u></h3>
  • Social scientists refer to personal qualities seen to be helpful in the manufacturing process as "human capital." It includes the education, health, and knowledge of the workforce.
  • Individual incomes are significantly impacted by human capital. According to research, making investments in human capital pays off handsomely throughout youth and young adulthood.
  • Through education and training, for instance, businesses can invest in human capital, enabling higher standards of quality and output.

Paul Romer, who created the current innovation-driven approach to comprehending economic growth, was jointly awarded the 2018 Nobel Prize for Economics as a result of his conceptualization and modeling work incorporating Human Capital as a crucial aspect.

Know more about human capital with the help of the given link:

brainly.com/question/1415400

#SPJ4

6 0
1 year ago
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