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3 years ago

If muffins and bagels are substitutes, a higher price for bagels would result in:

1 answer:

7 0

Answer: a) increase in the demand for bagels

If muffins and bagels are substitutes, a higher price for bagels would result in a(n)

a) increase in the demand for bagels
b) increase in the demand for muffins
c) decrease in the demand for muffins
d) none of the above
b) increase in the demand for muffins

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The ____ structure is considered the simplest and the oldest form of organizational structure.

valina [46]

The line structure is considered the simplest and the oldest form of organizational structure. Line Structure.It is the direct chain of command throughout organization.
The Line managers are the ones who decide and command the workers. It should be quick decisions and they are accountable for the said decisions.
They must have a wide range of knowledge.

4 0

3 years ago

Finished goods ______. Multiple choice question. is the same as cost of goods manufactured consists of completed, unsold goods c

Alinara [238K]

Finished goods consist of completed unsold goods which have not been sold to customers.

<h3>What is Finished goods?</h3>

Finished goods refer to completed goods or product that have pass through all the manufacturing process and completed they but have not be sold to the intending consumers.

They are completed processed products.

Therefore, Finished goods consist of completed unsold goods which have not been sold to customers.

Learn more about finished goods from the link below.

brainly.com/question/1763667

5 0

2 years ago

In many cases companies who enter a market after innovative products have been introduced can achieve long-term competitive adva

photoshop1234 [79]

Answer:

First mover; Late mover

Explanation:

In many cases companies who enter a market after innovative products have been introduced can achieve long-term competitive advantages by continuing to develop a better mousetrap. For example, VisiCalcwas the first company to introduce a desktop spreadsheet program but Lotus Notes cornered a large market share when it introduced the 1-2-3 program. Today, however, Microsoft's Excel is the dominant spreadsheet software program and has continued to endure due to the popularity of the Microsoft Office Suite of products. VisiCalc possessed a <u>First Mover</u> advantage while Microsoft enjoyed a <u>Late Mover</u> advantage.

First mover advantages: It is the marketing strategy of initiating any technique in the market to gain competitive advantages for being the first entrant with any new technique or technologies. It also helps in gaining brand recognition and market share.

Last mover advantages: It is another marketing strategy to gain competitive advantages by late introducing the product in the market after learning from the technique of competitors, it also helps in avoiding mistakes of rivals in the market.

In the given case, VisiCalc has enjoyed first-mover advantages as it was first one of its own type to be introduced in the market, however, Microsoft enjoyed last mover advantages as the consumer has found better and easier product than previous one, which was in the favor of Microsoft.

3 0

3 years ago

Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs

trapecia [35]

Answer:

Alomar Company

Allocation of Joint Costs:

Barlon = $10,002

Selene = $29,250

Plicene = $31,771

Corsol = $55,977

Explanation:

a) Data and Calculations:

Joint costs:

Direct materials $61,500

Direct labor 40,000

Overhead 25,500

Total joint costs $127,000

Joint Products Barlon Selene Plicene Corsol Total

Batch output units 1,400 2,900 2,800 3,700 10,800

Selling price per unit $17 $24 $27 $36

Sales value $23,800 $69,600 $75,600 $133,200 $302,200

Allocation of Joint Costs:

Barlon = $10,002 ($23,800/$302,200 * $127,000)

Selene = $29,250 ($69,600/$302,200 * $127,000)

Plicene = $31,771 ($75,600/$302,200 * $127,000)

Corsol = $55,977 ($133,200/$302,200 * $127,000)

5 0

2 years ago

$ 15 billion in small minus denomination time deposits$15 billion in small−denomination time deposits is counted in A. Upper M 2

Rom4ik [11]

Answer:

Only M2

Explanation:

M1 is composed by currency, coins, checking accounts, traveler check and others forms of cash

While M2 correspond to M1 + near cash which are time deposits, saving account and other form like that

Hence, 15 billion in time deposits will be a near cash thus, M2 only

5 0

3 years ago