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2 years ago

The objectives of competition policy

Business

1 answer:

oksian1 [2.3K]2 years ago

6 0

Answer:

rticle 1] This Act, by prohibiting private monopolization, unreasonable restraint of trade and unfair trade practices, by preventing excessive concentration of economic power and by eliminating unreasonable restraint on production, sale, price, technology and the like, and all other unjust restriction of business

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If during an advertising campaign a certain portion of advertising runs continuously, and then during specific periods additiona

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Pulsing advertising does exactly that, continuous advertising year round and then a bump in advertising when sells peak. Pulsing combines flighting and continuous scheduling.

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2 years ago

Fitzgerald Supermarkets (FS) operates at capacity and decides to apply ABC analysis to three product lines: baked goods, milk an

Alex777 [14]

Answer:(1) Baked Goods profit $6,700, Milk and Fruit juice profit $200, Frozen Products profit $8,900 (2) Baked Goods profit $160, Milk and Fruit juice profit $2,870, Frozen Products Profit $12,860. (3) it provide insight to FS managers that Frozen Products is the most profitable among the three product lines.

Explanation:

(1) Baked Goods. Milk and Fruit juice. Frozen Products

$ $ $

Revenue. 60,000. 66,500. 50,500

Less : Cost of good sold 41,000. 51,000. 32,000

------------- -------------- ---------------

Gross Margin. 19,000. 15,500. 18,500

Less: Store Support. 12,300. 15,300. 9,600

----------- ------------ -------------

Profit. 6,700. 200. 8,900

------------- --------------- ----------------'

(2)

Baked Goods. Milk and Fruit juice. Frozen Products

$ $ $

Revenue. 60,000. 66,500. 50,500

Less Cost of good sold 41,000. 51,000. 32,000

------------- ---------------- -----------

Contribution. 19,000. 15,500. 18,500

Less Overhead

Ordering cost. 4,180. 2,280. 1,,330

Delivery&Receipt. 9,120. 4,560. 2,736

Shelf Stocking. 3,230. 2,850. 380

Customer Support & Assistant 2,310. 3,030. 1,194

------------ -------------- ------------

Profit. 160. 2,870. 12,860

------------------ ----------------- ---------------

(3) The new insight to FS managers is that Frozen Products is the most profitable among the three products lines

Workings

Ordering cost ($95 × 44) = 4,180 ($95 × 24) = 2,280 ($95 × 14) = 1,330

Delivery &Receipt ($76 × 120) = 9,120 ($76 × 60) = 4,560 ($76 × 36) = 2,736

Shelf Stocking ($19 × 170) = 3,230 ($19 × 150) = 2,850 ( $19 × 20) = 380

Customer Support &Assistant ($0.15 × 15,400) = 2,310 ($0.15 × 20,200) = 3,030 ($0.15 × 7,960)= 1,194

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3 years ago

What is the first step in creating a cash flow statement?

Leya [2.2K]

The first step is to calculate income.

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3 years ago

Read 2 more answers

Barney decides to quit his job as a corporate accountant, which pays $10,000 a month, and goes into business for himself as a ce

likoan [24]

Answer:

A- $ 50 Electricity

$ 75 Office suplies

$ 125 Total explicit costs

B- $ 300 Rent

$10000 Lost of salary for quitting his job

$ 10300 Total implicit cost

C- $ 125 Total explicit costs

$ 10300 Total implicit cost

$ 10425 Total economic cost

Explanation:

A- Explicit costs are observable (such as salaries paid to employees, material costs, taxes, etc.) and are paid with cash.

B- Implicit costs are those incurred for giving up an alternative use of a specific resource, but no cash outlay is made. In this case, $ 300 that is no longer earned by using the garage as an office and $10000 lost each month for quitting his job.

C- The sum of the implicit and explicit costs determines the total economic cost

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3 years ago

In which months of the year was inflation rate outside the target?

Tomtit [17]

In a Business Day survey of 13 economists, the consensus forecast was for the consumer price index (CPI) to have increased 6.3% year on year in June.

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3 years ago

The objectives of competition policy​

The objectives of competition policy