Answer: Direct imitation or Substitution
Explanation: When a Firm enjoys competitive advantage it attracts significant attention from its competitors. the competitors attempt to take over this resource advantage in order to negate the firms resource advantage. This can be done in two ways, either by imitating the resource in which the firm has a competitive advantage ( <u><em>direct imitation)</em></u> or by substituting the firms product by providing a similar product or service referred to as <em><u>substitution</u></em>.
Answer:
The production level that maximizes Silky's profit is
ties.
Explanation:
Hi
First of all, as we have
, we need to transcript it as price in function of the quantity so

Then we need to find income function that is
. After derivate it
.
The optimum level is when we have
, therefore,
, as we clear it for
we find that
, finally as we have that
is measured in hundreds of ties, the production level that maximizes Silky's profit is
ties.
Answer:
B. Income Tax Expenses
Explanation:
The Purpose of the Income Statement in Financial Statement Preparation is to ascertain the profit or loss of a business entity for a particular year. Usually, the format is as follows:
1. Gross Profit= Sales- Cost of Goods sold(Opening Inventory + Purchases- Closing Inventory)
2. Net Profit/ Net Loss = Gross Profit + Other Revenues and Gains - Expenses for the period.
However, income tax expense is only calculated when the net profit has been ascertained. It is usally referred to as net income before tax. It is based on this figure, that the income tax expense is then calculated based on prevailing income tax percentage.
Every other part of the income statement covers a section, but all sections should be calculated and concluded before the income tax expense can be calculated and then subtracted to arrive at the final income tax.
Answer: to protect the economic freedom of all of its citizens
Explanation:
The above quote by Adam Smith was him criticizing the common practice in those days of nations trying to control the spending habits of their citizens by passing restrictive laws and limiting the importation and production of certain goods and services.
It would therefore support the U.S. policy of protecting the economic freedom of her citizens such that they may trade whatever it is that they want - so long as it is legal - without restrictions by the government.
The right answer for the question that is being asked and shown above is that: • • Mega Mart is a “dog.” A business unit is considered a dog is when the market growth rate is low and the relative market share is also low.
Business unit that has grown very slowly.
They have a very low share.<span>
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