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Doss [256]
2 years ago
14

A developer builds 100 new homes next to an old grocery store. Which would most certainly result? cross out A) The price of the

store’s products would increase. cross out B) The market demand curve related to the store’s products would shift. cross out C) The demand for the store’s products would become inelastic. cross out D) The store would decrease its total revenue.
Business
2 answers:
Degger [83]2 years ago
5 0

Answer: b

Explanation:

kifflom [539]2 years ago
3 0

Answer:

B

Explanation:

As more consumers move in, the demand curve for the store's products would increase (shift to the right) as it is influenced by factors other than price.

While option A could be an eventual outcome, it would only follow an increase in Demand. Note that a change in price would result in movement along the curve.

There is not sufficient information to support Option C

Option D is wrong because higher demand would result in higher revenues, assuming all else remains constant.

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Some 150 million customers a month visit Amazon and the company passes through $160 billion in sales via its global supply chann
sdas [7]

Answer with Explanation:

Amazon is fastest growing company in the world which has crossed 2 billion customer visits. It has also increased the worth of the company to $1.14 trillions. The supply chain management is where the strengths of the company lies and nobody can match the pricing strategy, quality management and other significant factors that are included in the supply chain management to ensure that the customer is having what they are paying for.

Supply chain management process includes the key partners which includes their suppliers, partners, clients and customers as well who play important roles in the supply chain process by coordinating, integrating systems with each other and are involved in the transaction-al process.

The customers are the one who interact fewer than partners, suppliers, clients, etc because all they do is order a particular product. This is the first interaction of the customer with Amazon and the last interaction is when the customer received the order. So this means they are less interacting party in this process.

Suppliers are continuously contacted and informed about the pricing, supply chain issues, etc so that the company is able to deliver its customers what they are desiring. Supply chain partners also in the process of interacting with Amazon as they have to move products from supplier to the customer. These partners are highly interacted, possess integrating systems and of transaction-al importance to the company.

4 0
2 years ago
The cost method that will yield the highest taxable income during times of inflation is the a.weighted average inventory cost me
vichka [17]

Answer:

The answer is B.

Explanation:

FIFO inventory cost method will yield the highest taxable income during times of inflation or period of rising price.

FIFO is First in First out i.e the inventory that was purchase first will go out first. This method reflects the current market price because last inventories bought during inflation are part of the ending inventories. Ending inventories are high, cost of sales are low and gross profit is high.

Because gross profit is high, high tax will be charged

8 0
2 years ago
Summers, Inc., has net income of $50 million in the current year. Stockholders’ equity at the beginning and the end of the curre
vovikov84 [41]

Answer:

ROE = 33.33%

Explanation:

<em><u>return on equity:</u></em>

\frac{income}{average \: equity}

<em><u>where:</u></em>

Average equity

$$(beginning + ending equity) \div 2

(140 + 160) / 2 = 150

return on equity : 50 / 150 = 1/3 = 0.3333 = 33.33%

The ROE measures the effectiveness of the managers to generate profit with their current net assets(equity)

This ROE of 33.33% rrepresent that for every dollar of equity the company generates 33 cents of income

5 0
2 years ago
Aurum Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below
xenn [34]

Answer:

The large application should be produced first by management in order to incorporate short run profit maximizing strategy.

Explanation:

In order to maximize profit in the short run by management, we need to calculate the unit profit per machine hour for each appliances. Using the following formulae, as shown below:

Unit Profit / Machine-hours per unit = Unit Profit per Machine hour

<u>Small Application</u>

40 / 20 = $2 per machine hour

<u>Medium Application</u>

115 / 40 = $2.875 per machine hour

<u>Large Application</u>

340 / 100 = $3.4 per machine hour

As per the above calculation the large application gives the highest profit per machine hour so should be produced first. Afterwards if any machine hour is left then medium application should be produced second and finally, small application third.

5 0
2 years ago
Joe and Michelle have a partnership firm. Based on the income-based method of calculating GDP, what category is the income earne
tekilochka [14]

Answer: B) employee’s compensation.

The income approach to measure gross domestic product or GDP starts with the income earned (wages plus plus rents plus interest plus profits) from the production of goods and services.

Based on the income-based method of calculating GDP, income or wages earned by Joe and Michelle for being partners can be categorized under B) employee’s compensation.


3 0
2 years ago
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