Had to look for the options and here is my answer. What happens when a shoe firm puts its shoes on sale at a price that is lower than the opportunity cost of the inputs used in the process of production is that the firm will possibly make losses between the accounting and economic aspects.
They make around $40,000.
Hope this helps !
Photon
<span>Much of the methamphetamine consumed in the US is manufactured domestically by amateur chemists in meth labs from common household drugs and chemicals such as lye, lithium, and ammonia. Since the passage of the Combat Methamphetamine Epidemic Act of 2005, the Drug Enforcement Administration has reported a sharp decline in domestic meth lab seizures, but drug cartels continue to meet demand by manufacturing meth in Mexico and smuggling it across the border</span>
Answer:
Competitive advantage is a factor that a business has that allows it to perform better than its competitors by delivering more value to its customers. For example, a company can have a competitive advantage as a result of its offering, customer service or cost structure.
