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3 years ago

What happens to prices when supply declines.

Business

1 answer:

Burka [1]3 years ago

7 0

Answer:

The prices increase

Explanation:

Since the prices for the supplies are higher since they are getting rarer, the manufacturer cannot make as much of the good therefore making it more expensive.

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Becca and Bob own a car rental business. Becca contributes 75 percent of the capital but does only 20 percent of the work, while

ale4655 [162]

Answer: Limited liabilities and partnerships

Explanation:

Limited liabilities mean that the partners within the firm are only liable to pay off their debts with the amount they had invested as capital in the company. Partnership is an agreement between certain number of partners to share the profit and loss of the company. In this case since there is a 50/50 allocation of profits and there are only 2 partners therefore, this is a limited liability partnership.

4 0

3 years ago

The following costs were incurred in September:

aleksley [76]

Answer:

Option (d) is correct.

Explanation:

Given that,

Direct materials = $44,200

Direct labor = $31,800

Manufacturing overhead = $25,200

Selling expenses = $22,100

Administrative expenses = $37,100

Conversion cost:

= Direct labor + Manufacturing overhead

= $31,800 +$25,200

= $57,000

Therefore, the conversion costs during the month totaled $57,000.

5 0

4 years ago

Lin Wai's company, New Home Builders Corp., specializes in designing homes that have wide hallways and walk-in showers that coul

love history [14]

Answer:

strengths

Explanation:

A SWOT analysis includes strengths, weaknesses, opportunities and threats:

strengths: analyses what does your company do well and distinguish it from the competition.
weaknesses: analyses what are your company's weak spots and what does your competition do better than you.
opportunities: new situations that can favor your company.
threats: situations that can negatively affect your company.

8 0

3 years ago

Payback period is the amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a pr

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4 0

3 years ago

Suggest and critically discuss a model that helps managers to decide to adopt an offensive or defensive route. Support your answ

Artist 52 [7]

Answer:

Please find the complete question in the attached file.

Explanation:

In order to study the impact on five forces and thereby decipher an offensive or defense strategy to stay competitive and maintained, management must employ a prototyping approach as Porters 5 Headed framework. Samsung, for example, should adopt a great combination because of its subsequent globalization.

Providers' bargaining power — In this industry, several companies offer low-cost services, which indicates the suppliers have much less bargaining energy.

Consumers' trading strength - Since Hyundai either works in a totally competitive environment or an oligopolistic marketplace across the globe.

The threat of new entries – The risk is significantly greater because new entries from low-cost China carriers can eat Samsung share since they are tax- and licensing-friendly.

The danger of competing among established businesses - That's also relatively significant because profits are thin and innovative developments are continually making the industry as a whole and tough.

Barriers to business – The biggest barriers are an initial investment, high marketing, and distribution expenses, and constant innovation.

6 0

3 years ago