Business, 30.03.2020 22:53 kylemartinez13
F the government put a price floor of $ 11.75 $11.75 on both of the markets, which market would have a greater surplus or shortage? They would have the same size shortage. The market for cat food would have a bigger surplus. They would have the same size surplus. The market for cat food would have a bigger shortage. The market for snake oil would have a bigger surplus. There is not enough information to answer the question. The market for snake oil would have a bigger shortage.
Answers: 3
Business, 22.06.2019 11:00
The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.
Answers: 2
Business, 22.06.2019 20:00
Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?
Answers: 2
Business, 22.06.2019 20:20
Why is it easier for new entrants to get involved in radical innovations when compared to incumbent firms? a. unlike incumbent firms, new entrants do not have to face the high entry barriers, initially. b. new entrants are embedded in an innovation ecosystem, while incumbent firms are not. c. unlike incumbent firms, new entrants do not have formal organizational structures and processes. d. incumbent firms do not have the advantages of network effects that new entrants have.
Answers: 2
F the government put a price floor of $ 11.75 $11.75 on both of the markets, which market would have...
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