Answer:
Letter D is correct.<em> Extreme value retailers.</em>
Explanation:
Extreme value retailers are those whose focus is on offering customers very low prices. This type of consumer price pass-through can be guaranteed by the strategy of such retailers that reduce advertising costs and other marketing variables, and purchase their supplies from ideal suppliers who already sell at lower market prices.
They are therefore able to achieve price advantages by marketing non-durable goods, which are those that are made to be consumed immediately and constantly.
Answer:
a. be perfectly horizontal.
Explanation:
The supply curve graph the prices that suppliers will demand to produce different levels of output. It is normally upward-sloping because of scarcity of inputs that will push up costs and thus drive up cost.
If input prices does not change, <em>the industry will be willing to supply any quantity (in the long run) at the same price</em> (because if they charge higher than their constant costs they will lose to competition) => the supply curve will be a horizontal line (perfectly horizontal)
Answer:
it will take 16.89 years for the account to increase to $2 million.
Explanation:
PV = $400,000
FV = $2,000,000
I/Y = 10%
Solving for N in:
FV = PV * (1 + I/Y)N
$2,000,000 = $400,000 * (1.10)N
5 = (1.10)N
N = 16.89 years
Therefore, it will take 16.89 years for the account to increase to $2 million.
Answer:
$73,000
Explanation:
The computation of the direct material cost is shown below:
As we know that
Direct material cost is
= Opening balance of raw material + purchase made - ending balance of raw material
= $37,000 + $71,000 - $35,000
= $73,000
We simply applied the above formula
Hence, the correct option is third i.e. $73,000
Answer:
Supply curve or Supply schedule
Explanation:
A supply curve is a graphical presentation of the relationship between the price of a product, and the quantity suppliers are willing to sell in the market. It shows the different volume suppliers are happy to sell at different prices. A supply curve slopes from the bottom moving upwards showing how quantity supplied increases as price rises.
The supply schedule shows much quantity suppliers are willing to sell in the market at different prices. The supply presents this information in a table format. Both supply curves and supply schedule give the same information. While the supply curve is a graphical presentation, the supply schedule presents the same data in a table format.
