Answer:
economies of scale.
Explanation:
Economies of scale -
It refers to the edge over the cost of the company , which is due to the very efficient production rate , is refer to as economies of scale .
Economies of scale can be both external and internal .
This process can be done by increasing the production of the goods and services , and thereby reducing the overall cost of the product , and more number of consumers will try to grab the product , and hence ,
The profit of the company will increasers .
Hence , from the given scenario of the question ,
The correct answer is economies of scale .
Answer:
B. What must be given up to acquire it
Explanation:
The opportunity cost is the cost which is to be sacrificed to gain for some better option
Since in the given case the aunt is thinking to open a hardware store but it will cost her $500,000 for rent and the to purchase the stock
And, also she also have to quit her accountant job for $50,000
So in this option quitting the job is to be considered as an opportunity cost
Answer:
The correct answer is option d.
Explanation:
If a demand curve is linear and downward sloping, different points on the line can show different values of slope. The value of slope will be equal to the ratio of change in price to change in quantity demanded. The value of slope will be the same throughout the line.
The price elasticity is the ratio of change in quantity to change in price. The price elasticity can be different for different points on the demand curve.
The points on the lower parts are more inelastic while the points on the upper portion are more elastic. The midpoint represents unit price elasticity.
Since the upper portion is more price elastic, an increase in price will cause a more than proportionate decrease in the quantity demanded. This will cause the total revenue to decrease.
For an effective communication to take place the selection of the most appropriate channel ( medium for convening information) for the intended audience is very important
Explanation:
The factors that are important in the determination of the most appropriate channel/Medium for communication are:
- Urgency of the message(Importance of the message)
- Confidentiality of the message and the medium
- Record(The business communication needs to be recorded)
- Cost incurred in sending the message
- Supporting Technology
- Distance
When determining the most effective channel for the message,one should initially consider the importance of the message.
Answer:
Target sales revenue = $7,830,000
Explanation:
given data
target price = $270
annual target sales volume = 29,000
target operating income = 40%
to find out
Target sales revenue
solution
we will get here Target sales revenue that is express as
Target sales revenue = target price × annual target sales volume .................1
put here value we get
Target sales revenue = $270 × 29000
Target sales revenue = $7,830,000
