Answer:
Cost leadership
Explanation:
Cost leadership is defined as the competitive advantage a business has by having the lowest production cost. They are able to sell product at the low price while making a profit.
Cost leadership occurs by a company's efficiency, size, scale, scope and experience.
In this scenario, Terbium believes that continuously improving its manufacturing processes and re-engineering processes to downsize and eliminate excess capacity and waste are critical.
The company is using effiency to gain cost leadership in the industry.
The total amount of social insurance taxes you owe the federal government is $3,596.
The social insurance taxes will be tax rate (6.2%) of gross income amount of $58,000 which is calculated using this formula
Social insurance taxes=Social security tax rate× Gross income
Where:
Social security tax rate=6.2%
Gross income=$58,000
Let plug in the formula
Social insurance tax=6.2%×$58,000
Social insurance tax=$3,596
Inconclusion the total amount of social insurance taxes you owe the federal government is $3,596.
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3000 dollars should be right I’m not sure bc I’m not familiar with this
The equilibrium price and quantity for llama sculptures would fall as a result of the price decrease of the porcelain sloths. Being that they are substitute goods, a fall in price of the sloths would lead to a decrease in the demand for the llama sculptures.
An equilibrium price, additionally known as a market-clearing charge, is the consumer price assigned to some product or service such that deliver and call for are equal, or close to identical. The manufacturer or vendor can promote all the devices they want to transport and the consumer can get right of entry to all the units they need to shop for.
What's equilibrium price and demand?
The equilibrium price is in which the supply of goods fits call for. when a chief index stories a duration of consolidation or sideways momentum, it may be said that the forces of deliver and call for are fantastically equal and the market is in a nation of equilibrium.
What's particular approximately an equilibrium price?
An equilibrium price is particular due to the fact it's far the only charge at which amount demanded and quantity furnished are same. it's miles the price that corresponds with the intersection of the supply and call for curves.
What's the maximum essential characteristic of the equilibrium price?
The most critical function of the equilibrium price is that it: clears the market, leaving neither a surplus nor a scarcity.
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