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-Dominant- [34]
3 years ago
11

An increase in the price of a product will reduce the amount of it purchased because

Business
1 answer:
DiKsa [7]3 years ago
3 0
Because increase in price reduces the quantity initially allotted to the cost price
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How is Change Management related to Baselining?
zheka24 [161]

Answer:

hope it helps..

Explanation:

Change management is an important part of project management in which the original project plan, represented by the baseline, is used to measure and assess project execution. ... The initial baseline is created by copying the data from the project after the project plan is completed, prior to starting.

8 0
4 years ago
Assume Anderson’s General Store bought, on credit, a truckload of merchandise from American Wholesaling costing $23,000. If Ande
NeTakaya

Answer:

$22,014

Explanation:

The computation of the cost of inventory is shown below:

= Purchase Cost of merchandise + transportation cost - returned goods - discount

=  $23,000 + $650 - $1,200 - $436

= $22,014

The discount is computed below:

= (Purchase Cost of merchandise - returned goods) × discount rate

= ($23,000 - $1,200) × 2%

= $436

We simply added the transportation cost and deducted the returned goods and discount to the purchase cost of merchandise

3 0
4 years ago
In the private sector, only agricultural workers, domestic workers, and _____ are exempt from taft-hartley or railway labor act
LUCKY_DIMON [66]
<span>The answer is "supervisors and independent contractors." These workers are exempt from the labor law protections because they have more leverage in deciding their working conditions, or in the case of domestic workers, have an occupation that by its nature requires certain hours.</span>
5 0
3 years ago
Read 2 more answers
The human resource department at Paula's Powerwheels is implementing a number of functional level strategies. These strategies i
katen-ka-za [31]

Answer:

The correct answer is Cost leadership.

Explanation:

Cost leadership are those strategies with which products similar to those of other companies are offered at a lower cost, that is, a certain company is considered to be the lowest cost producer in its industrial sector in order to achieve a differentiation.

At lower prices than its rivals, the leader's position translates into higher returns, however, standard products should not be sold ignoring the basis of product differentiation itself, since, if the customer does not perceive the product as comparable, The company must set very low prices in relation to the competition to achieve sales.

The sources to obtain this type of advantages are varied and depend on the structure of the industrial sector itself, including economies of scale, the use of proprietary technology, preferential access to the raw material, among others.

The cost leadership strategy aims to make a company the leader, rather than several companies struggling to reach that position, as this implies tough rivalry and competition that can have unfavorable consequences for all.

8 0
4 years ago
Which description most closely matches the term: IN DEPTH
Romashka [77]

Answer:

Used for complex operations or introduction of new equipment

8 0
4 years ago
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