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Veronika [31]
3 years ago
14

Trends established by your competition can provide you with an advantage A. True B. False

Business
2 answers:
Alexus [3.1K]3 years ago
6 0

False, cuz cuz cuz cuz cuz


Tomtit [17]3 years ago
6 0
False, if it’s a Trend they would already have established it
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A dressmaker can sew 400 garments with 100 bolts of fabric and 1,500 hours of labor. Another dressmaker can sew 400 garments wit
faust18 [17]

Answer:

No, because the second method has lower total costs of production.

Explanation:

In a bid to make profits businesses must always compare different processes and choose the cheapest one.

This will eventually reflect in the profitability of the business.

In this instance let's get the cost of each process.

Fabric costs $110 a bolt and labor costs $20 an hour.

The first dress maker can sew 400 garments with 100 bolts of fabric and 1,500 hours of labour

Total cost = (100 bolts * 110) + (1500 * 20)

Total cost = $41,000

For the second dress maker he can sew 400 garments with 150 bolts of fabric and 1,000 hours of identical labour

Total cost = (150 *110) + (1000 * 20)

Total cost = $36,500

As can be seen the second dressmaker has a lower cost of production so he is more efficient than the first dress maker

7 0
3 years ago
You are evaluating a proposed expansion of an existing subsidiary located in Switzerland. The cost of the expansion would be SF
Marysya12 [62]

Answer:

Explanation:

First we need to calculate the expected spot rates for the next 5 years using IRP....

Please Kindly go through the attached files for how this and other questions you require answers to are solved step by step.

7 0
3 years ago
For a perfectly competitive firm, a. the marginal revenue curve and the demand curve are the same. b. the marginal revenue curve
Harman [31]

Answer:

The correct answer is the option A: the marginal revenue curve and the demand curve are the same.

Explanation:

To begin with, the concept of<em> ''perfectly competitive market''</em> refers to the market where there are a lot of firms and their products are exactly the same with no differentation, therefore that they can not establish an influence in the price. In addition to that, in this type of market the equilibrium is in the point where the marginal revenue equals the marginal cost and in this case where there is no influence from the firms then the price of the product will be established by the demand itself and therefore that also the marginal revenue of the firm as well.

6 0
3 years ago
In 2016, the Neverland had a population of 8,200 and real GDP of 210,500. Neverland had 5% growth in real GDP per person. In 201
igomit [66]

Answer:

c.226,416

Explanation:

Calculation for what was real GDP in the Neverland in 2019

First step is to calculate real GDP per capital

Real GDP per capital=210,500/8,200

Real GDP per capital=25.6707

Second Step is to calculate Real GDP per person

Real GDP per person=(1+0.05)*25.6707

Real GDP per person=1.05*25.6707

Real GDP per person=26.954235

Last step is to calculate the real GDP in the Neverland in 2019

Using this formula

Real GDP in the Neverland in 2019=Real GDP per person* Population

Let plug in the formula

Real GDP in the Neverland in 2019=26.954235*8,400

Real GDP in the Neverland in 2019=226,416

Therefore the real GDP in the Neverland in 2019 will be 226,416

6 0
3 years ago
Read 2 more answers
To help with hiring decisions during peak seasons and holidays, Touching Cards uses time-series forecasts, like sales from last
inna [77]

Answer:

Option 4 Analytics  

Explanation:

The reason is that business analytics uses the sophisticated patern of available data of the organization on the basis of the past data to make an assessment of the situation and make an informed decisions that benefits most to the company.

So here the company is using trends which include seasonal trends and forecasting techniques to assess the situation and make informed decision based on the data extracted which best alligns with Business analytics.

7 0
3 years ago
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