Answer:
the cost leadership strategy.
Explanation:
A river barge company can offer cheaper, although slower, per-pound transportation of products to companies when compared with transportation by air, truck, or rail. The river barge company should first target customers whose companies use the cost leadership strategy.
A cost leadership strategy is a business strategy which is aimed at using the lowest cost of production and operation in a business.
Hence, river barge company cheaper, although slower, per-pound transportation as against the use of air, truck, or rail which would be more expensive.
Answer:
The correct answer is option b.
Explanation:
The number of units of output sold is 8,000
.
The sales revenue is $9,600,000
.
The variable costs are $6,000,000
.
The fixed costs are $2,600,000.
The price of the product
= 
= 
= $1,200
The average variable cost is
= 
= 
= $750
Profit = TR - TC
Profit = 
$1,270,000 = $1,200Q - $750Q - $2,600,000
$3,870,000 = $450Q
Q = 
Q = 8,600 units
Answer:
The correct answer is option b.
Explanation:
The equilibrium price and quantity of a product are determined through the interaction of demand and supply curves of the product.
An increase in the supply will cause the supply curve to shift to the right. While a decrease in the demand will cause the demand curve to move to the left.
This will cause the price of the product to decline. The change in the quantity, on the other hand, depends on the magnitude of change in the demand and supply.
The answer is true but other factor may come into play such as the cost and reliability of the supplier so these should be taken into account when choosing a supplier
