Because manufacturers with jit systems produce merchandise closer to the time of sale, they can

1 answer:

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<span>These companies are able to reduce the inventories required to satisfy the demand of the retailers. With a JIT system, the company does not have to worry as much about waste product or overproducing, since the final item is being manufactured just before the deadline. This allows the company to run on a much tighter production schedule and lessens waste.</span>

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What is a natural monopoly?

Lubov Fominskaja [6]

Answer:

D. A monopoly that results when one firm is able to produce at a lower cost than multiple firms, giving large firms with higher levels of output an advantage over smaller competitors.

A. Municipal Power Light, the local supplier of electricity.

Explanation: A natural monopoly is a monopoly enjoyed by a firm due to its large nature through which it is able to enjoy Economies of scale and produce at a reduced cost which other companies are unable to meet up with.

WITH A NATURAL MONOPOLY, A FIRM HAS A CONTROL OVER THE PRICE OF THE PRODUCT PRODUCED AND SERVICE RENDERED AS THERE ARE NO CLOSE SUBSTITUTE.

The municipal Power light, the local supply of power is an example of a firm that can enjoy Natural monopoly.

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Springer Products manufactures three different product lines, Model X, Model Y, and Model Z. Considerable market demand exists f

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Answer:

Model Y

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Calculation for the which model is the most profitable to produce

Using this formula

Most profitable to produce=Selling price-Direct materials-Direct labor-Variable support costs

Let plug in the formula

Model X $52 - $8 - $16- $5 = $23

Model Y $60 - $8- $16 - $10 = $26 Most profitable

Model Z $74- $8 - $33 - $10 = $24

Therefore the model that is the most profitable to produce is MODEL Y because it has the highest amount of $26

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How are government corporations useful? Group of answer choices a) Both of the above They undermine the private sector b) They h

GrogVix [38]

both of the above are undermine the private sector.

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The United States imposes a tariff on electronics imported from China. Which would be a result? China stops marketing all produc

Paraphin [41]

1)The price from the electronics from China goes up
2)People might start buying domestically made electronics because of cheaper prices.

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Carol Miller went to Europe and forgot to pay her $880 mortgage payment on her New Hampshire ski house. For her 63 days overdue

agasfer [191]

I think the rate of interest is 14 hope this helps

Because if you divide 880 by 63 you would just keep 14 without adding

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