Buying goods or services instead of producing or providing them in-house is called:
(A)...
Business, 03.03.2020 02:06 jebjeb6124
Buying goods or services instead of producing or providing them in-house is called:
(A) downsizing.
(B) outsourcing.
(C) internationalization.
(D) vertical integration.
(E) entrepreneurship.
Answers: 3
Business, 22.06.2019 13:20
Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.
Answers: 1
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Ashop owner uses a reorder point approach to restocking a certain raw material. lead time is six days. usage of the material during lead time is normally distributed with a mean of 42 pounds and a standard deviation of four pounds. when should the raw material be reordered if the acceptable risk of a stockout is 3 percent?
Answers: 1
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Retail industry fundamentals credential exam,part 1 all answers
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What criteria does a company have to meet to be considered a monopoly?
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