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zzz [600]
3 years ago
10

What are the primary reasons food producers can increase profits by participating in a local direct market?

Business
1 answer:
goblinko [34]3 years ago
4 0

Answer:

What are the primary reasons food producers can increase profits by participating in a local direct market? They get higher prices and keep all the retail sales

Explanation:

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Suppose Aiyanna's pizzeria currently faces a linear demand curve and is charging a very high price per pizza and doing very litt
snow_tiger [21]

Answer:

The correct answer is option A.

Explanation:

Price elasticity of demand measures the change in the quantity demanded due to a change in the price of the commodity. In order to increase the demand for pizza, Aiyanna decides to lower the price of pizza by 5% per week.  

With passage to time, the demand for a commodity becomes more and more elastic. This is because, with time, the consumers are able to get adjusted to price change.  So each successive week demand will become more price elastic.

7 0
3 years ago
Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one m
harina [27]

Answer:

Productivity in sales revenue/labor expense = 4.01

Explanation:

We know,

<u>Productivity = Sales Revenue ÷ Labor Expense</u>

Again, we know

Sales revenue = Total number of units sold × Sales price per unit

Given,

units sold = 1,214

Sales price per unit = $1,697

Putting the values in the formula,

<em>Sales revenue = 1,214 × $1,697 = $2,060,158</em>

Labor Expense = Total labor hours × Wage rate per hour

Given,

Total labor hours = 46,675

Wage rate per hour = $11

Putting the values in the formula,

<em>Labor Expense = 46,675 hours × $11 = $513,425</em>

Therefore,

Productivity = $2,060,158 ÷ $513,425

Productivity = 4.01

8 0
4 years ago
Documents of Trade
BlackZzzverrR [31]

Answer:

Here's ur answer

Explanation:

  • letter of enquiry
  • Quotation
  • receipt
  • order
  • delivery note
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Hope it's helpful.. if so mark me as brainlist n thank me also

7 0
3 years ago
ABD Tech has invested $20 million to install business intelligence software (BIS) at all of its branches across the globe so tha
NeX [460]

Answer:

The correct answer is letter "B": processing cost.

Explanation:

Processing cost is a method of costing implemented in large institutions to track the costs per unit incurred in the business. This approach is mainly used when the company produces items in mass-scale that are very similar or equal and the costs tend to be assigned in mid-term periods -typically one month.

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3 years ago
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Artist 52 [7]

Answer:

All the options are relevant

Explanation:

A mission statement is used by a company to explain, in simple and concise terms, its purpose(s) for being.

A mission statement defines what line of business a company is in, and why it exists or what purpose it serves. Every company should have a precise statement of purpose that gets people excited about what the company does and motivates them to become part of the organization. A mission statement should also define the company’s corporate strategy and is generally a couple of sentences in length.

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