- When the tax on apples is reduced, it becomes cheaper to sell apples. This would lead to an increase in supply.
- The invention of the machine would lead to an increase in the efficiency of picking apples. This would lead to an increase in supply.
- If the wages of apple pickers is increased, the cost of picking apples for an apple seller would increase. This would lead to a decrease in the supply of apples.
- The step taken by the orchard owners would lead to less apples been available. This would lead to a decrease in the supply of apples.
- If it is apple season, trees would produce more apple. This would lead to an increase in the supply of apples.
Supply measures the quantity of a good that is produced at a given price. Only a change in the price of a good leads to an increase or decrease in the quantity supplied of the good. Other factors lead to a change in the supply of a good.
<u><em>Factors that lead to a change in the supply of a good </em></u>
- A change in the number of suppliers
- A change in government policies.
- A change in the cost of production
- A change in the price of substitute products
An increase in supply leads to a rightward shift of the supply curve, while a decrease in supply leads to a leftward shift of the supply curve
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Answer:
The depreciation expense for the first two years is $72,000.
Explanation:
Under straight-line method, depreciation expense is (Cost - Residual value) / No of years = ($400,000 - $40,000) / 10 years = $36,000 yearly depreciation expense.
Using this method, the depreciation expense for the first two years is $36,000 x 2 years = $72,000. This amount is regarded as the accumulated depreciation at the end of Year 2 while the net book value would be $400,000 - $72,000 = $328,000.
Answer:
D. research and content manager
Explanation:
Similar to the usefulness of Livebinders which creates organises resources on a topic that you choose a research and content manager performs the same function.
In digital publishing a content manager organises contents such as web pages, images, videos, blog posts etc.
He also proofread articles as well as develop site content, style and layout.
Explanation:
The business administration course is a course that covers all organizational systems and provides the knowledge of several important tools to be applied in a company to achieve several strategic and economic advantages.
It is important for the career to have knowledge about management, strategy, communication, finance, and other variables that will be essential to become an ethical leader and that can influence personnel to create an organizational culture geared towards open communication, values and ethic.
For a differentiation strategy to maintain a company's strategic situation and increase its competitive advantage an increase in value creation much surpass the increase in costs.
<h3>How does a differentiation strategy benefit in gaining a competitive advantage?</h3>
Differentiation gives a party two advantages:
-It can allow the firm to charge a premium price for its good or service, should it choose to do so.
-It can help the firm to grow overall need and capture market share from its rival.
A generic strategy attempts to convince clients to pay a premium price for its good or services by supplying unique and desirable features. Using a differentiation strategy suggests that a firm is contesting based on uniqueness, rather than price.
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