Answer:
C) the firms ability to differentiate its product
Explanation:
Porter five forces of the model comprise rivalry among competitors, bargaining power of suppliers, bargaining power of buyers, the threat of new entrants, the threat of substitution.
The rivalry among competitors deals with the strength and weaknesses of the competitors so that the business does the planning accordingly.
The bargaining power of suppliers stated the change in the price of the product made by the supplier's offer plus the customer are attracted towards the product as the product is unique which impact the overall profit
The bargaining power of buyers deals with the number of buyers and how much orders are given by a single buyer.
The threat of new entrants impacts the overall position of the business if the competitor enters the market.
The threat of substitution is an alternative way to produce the goods and services which can also drop your position and also it directly impact profitability.
The T-Account can be made as follows with the credit of $3,754. The expenses are deducted from the balance as the total credit available.
<h3 /><h3>What is Expense?</h3>
Expenses are the costs that are paid by businesses, these costs are incurred for the operations of business. The expenses are paid from the cash/ bank balance available at the business.
It is recommended that the expenses are in a control and are lower than the revenue generated by the business.
T-Account
Operating Expense Account
$420
$250
$100
$250
Petty Expenses Account
$150
$100
Asset Account
$1500
$650
$334
The account are made according to the nature of expenses, there are two expenses that are not to be classified as an expense instead they need to be treated as a capital expenditure that is to be posted in Asset account.
Expenses with one off event and small amount and in general in nature are posted in petty expenses
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Answer:
duress
Explanation:
A contract may not be enforced it any of the parties does not give genuine or real assent, i.e. they freely agree with the contract terms.
Duress happens when one of the parties threatens to do something bad or wrong to the other party in order to force them to enter a contract. Contracts agreed under duress can be invalidated.
Answer:
C) Third
Explanation:
The first meal gives you 4 units of utility for every dollar spent (= 100 utility / $25).
The second meal gives you 5 units of utility for every dollar spent (= 10 utility / $2).
The third meal gives you 10 units of utility for every dollar spent (= 50 / $5). We should choose the meal that provides us with the greatest utility per dollar.
Answer:
7,5%
Explanation:
natural rate of unemployment is generally comprised of 3 unemployment types: structural rate of unemployment, cyclical rate of unemployment and frictional unemployment. This state exists even in a healthy environment commercially viable as workers will always seek for new jobs. At the time they leave to seek for new jobs, that period relates to natural rate of unemployment of the country or state.
so we add, frictional rate plus structural rate plus cyclical rate to get the figure for natural rate of unemployment.
