Answer:
The correct answer is option a.
Explanation:
If a tax worth €1.00 per liter on petrol is imposed it will create a tax wedge of €1.00 between the price the buyers pay and the price the sellers receive.
A tax wedge can be defined as the deviation from the equilibrium price and equilibrium quantity due to the imposition of taxes.
When a tax is imposed on a product, the consumer and producer both have to share the tax burden. The price paid by the consumers increases and the price received by gets reduced.
The quantity of product gets reduced as well.
Answer:
Check the following explanation
Explanation:
a) Goods available for sale = Beginning Inventory + Net Purchases
13500 + 17500 = 31000
Cost of goods sold = Goods available for sale - Ending Inventory
31000 - 8100 = 22900
Gross Profit = Net Sales - Cost of goods sold
26500 - 22900 = 3600
b) Net Income for Krug Service Company = Revenues - Expenses
= 31000 - 10500
= 20500
Net Income for Kleiner Merchandising Company = Gross Profit (Computed Above) - Expenses
= 3600 - 2300
= 1300
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Hope that helps. -UF aka Nadia
Answer:
The total annual cost at point of indifference will be $380000
Explanation:
The point of indifference is a point where both the options will have equal annual cost and the firm will be indifferent in choosing both the options. To calculate the total cost at the point of indifference, we first need to equate both the cost equations to calculate the point of indifference in units and then calculate the cost at that point.
Let x be the number of units.
The total cost for Atlanta = 20x + 80000
The total cost for Phoenix = 16x + 140000
The point of indifference in units will be,
20x + 80000 = 16x + 140000
20x - 16x = 140000 - 80000
4x = 60000
x = 60000 / 4
x = 15000 units
The total cost at point of indifference will be = 20*(15000) + 80000 = $38000
This can be verified as = 16 * (15000) + 140000 = $380000
Answer: It only focused on brand competitors
Explanation:
The options to the question are:
A) It idenfied the wrong brand competitors.
B) It was too obsessed with market dominance.
C) It only focused on brand competitors.
D) It didn't engage in competitive analysis.
E) It refused to collaborate with its competitors.
From the question, we are informed that Kodak focused on maintaining market dominance over Polaroid and Fuji but failed to consider Sony, Nikon, Canon, and even smartphones.
The mistake made by Kodak was that it only focused on brand competitors. Kodak failed to realise that firms such as Sony, Nikon, Canon, and even smartphones are competitors as well.
