Answer:
The correct answer is option C.
Explanation:
There are six bait and tackle shops that sell worms in a lakeside resort town in Minnesota.
If we add the respective quantities that each shop would produce and sell at each of the six bait and tackle shops at different prices we will find the market supply curve.
A market supply curve shows the total quantity of a product that all the firms in the market will supply at different price levels. It is the horizontal summation of individual supply curves.
The market supply curves are generally upward sloping. This is because of the positive relationship between the quantity supplied and the price level.
Deregulation is the process of taking government power out of a particular industry. If there were deregulations within the trucking industry there would be more competition within. Not only that, there would be less rules to make sure the truckers are following their weight limited, aren't carrying things that they shouldn't be or are illegal. if the trucking industry was not regulated there would be a tougher time in making sure stores were delivered goods as needed.
Answer:
Should have had Martha negotiate the logistics of the financial deal then have Samuel come up with the strategy plan
Explanation:
Samuel is quality control so he would know how to come up with a plan to best fit customer and company need assuring that both parties get the most out of the exchange and or business agreement
Answer:
C. $15,000
Explanation:
Given that
Finished goods inventory, January 1 $ 3,200
Finished goods inventory, December 31 4,000
Total cost of goods sold 14,200
So the cost of goods manufactured is
As we know that
Cost of goods sold = Opening balance of finished goods + Cost of goods manufactured - ending balance of finished goods
$14,200 = $3,200 + Cost of goods manufactured - $4,000
So, the cost of goods manufactured is $15,000
Answer:
The bargaining power of customers
.
Explanation:
As Bethany wants to buy a pair of designer boots and to find the best price, she searches the Internet and compares prices among the eight sites that sell the boots, she is using the bargaining power of buyers or customers from the Porter's five competitive forces. This force illustrates that customers are definitely have many options available with them for buying a particular product. Customers will be having much power when the number of available options increases because it becomes very easy for the customers to choose from those options or they can switch to some other seller quite easily and quickly in this case. Conversely, consumers will have less power when there are only fewer options present in the market. In this case Bethany has 8 different web sites present in front of her and with the single click of mouse button and flick of her fingers, she can easily compare the prices and options, that's why she can practice her bargaining power.
