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2 years ago

In a competitive market, the price of a product: ___________

1 answer:

7 0

Competition exists in the market and the price of the product is determined by sellers and the quantity of the product produced is determined by buyers.

<h3>What is a competitive market?</h3>

A competitive market is a market where many producers compete with each other with the aim to provide goods and services.

The sellers determines how much a product cost.

Therefore, the price of the product is determined by sellers and the quantity of the product produced is determined by buyers.

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The management of Heider Corporation is considering dropping product J14V. Data from the company's accounting system appear belo

zmey [24]

Answer:

Overall net operating income would decrease by $135,000

Explanation:

Calculation for What would be the effect on the company's overall net operating income if product J14V were dropped

Keep J14V Drop J14VDifference

Sales$980,000 $ 0 $(980,000)

Variable expenses

$394,000 $0 $394,000

Contribution margin

$586,000 $0 $(586,000)

Fixed expenses:

Fixed manufacturingexpenses

$376,000 $131,000 $245,000

($376,000-$245,000=$131,000)

Fixed selling and administrative expenses

$256,000 $50,000 $206,000

($256,000-$206,000=$50,000)

Net operating income(loss)

$(46,000) $(181,000) $(135,000)

Net operating income would decline by $135,000

Therefore the Overall net operating income would decrease by $135,000.

8 0

3 years ago

When inflationary pressure occurs, what is happening to the dollar?

GaryK [48]

Answer:

Explanation:

7 0

3 years ago

A firm's attempts to shorten the length of time a process takes, may lead to disappointing outcomes because of ______.

liraira [26]

A firm's attempts to shorten the length of time a process takes may lead to disappointing outcomes because of time compression diseconomies.

<h3>What are time compression diseconomies?</h3>

According to time compression diseconomies, which are defined as inefficiencies that arise when work is done more quickly, the cost of building a competency will rise exponentially as the amount of time permitted to do so decreases.
Not every subsidiary deals with time compression diseconomies to the same extent.
The date of a later subsidiary formation may affect how strong TCD is. Early-established subsidiaries may have greater TCD than later entries due to two factors.
First, for late movers, vicarious learning may lower TCD. Second, TCD is made worse by the higher environmental uncertainty that early mover subsidiaries frequently experience.
TCD explains why the well-studied relationship between the level of multi-nationality and business success is negatively moderated by the rate of overseas expansion.

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4 0

2 years ago

Indirect materials include ______. multiple choice question. supervisor salaries salt and pepper laptop computer keyboards facto

Kobotan [32]

Indirect materials include <u>salt and pepper.</u>

<u></u>

What are indirect materials ?

Indirect materials are goods that, while part of the overall manufacturing process, are not integrated into the final product.
For example, disposable gloves, personal protective equipment, tape, etc., may be essential to a production line, but they are not part of the actual product created on that line.
When cost savings take priority, it’s important to control spending and compliance by using a unified source-to-pay (S2P) platform for indirect materials.
Among S2P platforms, cloud-native ones offer the best functionality: they are easy to set up, deploy, learn and use, and they offer real-time, end-to-end visibility.
Unlike indirect materials, direct materials are components that are integrated into a manufactured product.
For example, chips in a mobile phone are direct materials in mobile phone production.

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5 0

2 years ago

What types of serches and seizures are protected against under the fourth amendment to the u.S. Constitution

melisa1 [442]

Home raids, Car searches, Phone searches. Anything that the government or the authorities do not have a warrent to look through, they cannot lawfully look through it.

5 0

3 years ago

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