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klio [65]
2 years ago
9

Factors driving supply​

Business
1 answer:
Sauron [17]2 years ago
7 0

Answer:

Being More Responsive to Customer’s Unique Product Requirements with Short-Notice Production Flexibility is the New Normal.

Explanation:

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Purely competitive industry X has increasing costs and its product is a normal good. The industry is currently in long-run equil
mote1985 [20]

The industry is currently in long-run equilibrium. The economy now goes into a recession and average incomes decline. The result will be an increase in output, but not in the price, of the product. This is further explained below.

<h3>What is a product?</h3>

Generally,

In conclusion, The market is in a state of long-term balance. There is currently a drop in typical salaries and the economy is entering a recession. As a consequence, production will rise without corresponding increases in cost.

Read more about product

brainly.com/question/22852400

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4 0
2 years ago
"A retail store owner offers a discount on product A and predicts that the customers would purchase products B and C in addition
hammer [34]

Answer:

Data mining

Explanation:

Here are the options to this question :

a. Data query b. Simulation c. Data mining d. Data dashboards

Data mining is used to extract useful data from a larger set of any raw data. It is used to find relationship among data.

The store owner found a relationship between A, B and C.

8 0
3 years ago
The most recent financial statements for Cardinal, Inc., are shown here: Income Statement Balance Sheet Sales $23,500 Assets $12
finlep [7]

Answer:

$20,370.5

Explanation:

Net Profit Margin = Net Profit / Sales= 5,168 / 23500 = 0.219915 = 21.99%

Dividend Payout Ratio = Dividends / Net profit = $1,560/$5,168 = 0.3018576 = 30.19%

Increase in Assets = Total Assets / Current Sales * Change in Sales

Increase in Assets = 121,000 /23,500 * (28,300-23,500)

Increase in Assets = 5.1489362 * 4800

Increase in Assets = $24714.89

Increase in Current Liabilities = Current Liabilities / Current Sales * Change in Sales = 0

Earnings Retained = Revised sales * Net profit margin * (1- dividend payout ratio)

Earnings Retained = $28,300 * 21.99% * (1 - 30.19%)

Earnings Retained = $28,300 * 0.2199 * 0.6981

Earnings Retained = $4344.39497

Earnings Retained = $4344.39

External Financing Needed = Increase in Assets - Increase in Current Liabilities - Earnings Retained

External Financing Needed = $24714.89 - $0 - $4344.39

External Financing Needed = $20,370.5

7 0
2 years ago
Jim is head of the marketing department and must decide how to allocate a fixed amount of funds. There are two top projects that
alexgriva [62]

Answer:

Devil's Advocacy

Explanation:

Devil's advocacy states that when an organization permits to an individual for criticizing the happenings in the firm at the time when the decision is relevant. The other person would be limited to access so this would increase the productivity and limits the group thinking

So here according to the given situation,  Jim's allowance of Clara to display the proposal for criticism is called as the Devil's advocacy.

4 0
2 years ago
______ is the process of creating a clear, distinctive, and desirable understanding of the product in the consumer's mind relati
Drupady [299]

Answer:

Positioning

Explanation:

This has to do with arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the mind of target consumers.

3 0
3 years ago
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