A company usually achieves low cost leadership by offering a ________ product or service to a ________ target market using standardization to achieve economies of scale and experience.

Answers

Answer 1

A company usually achieves low cost leadership by offering a low-priced product or service to a broad target market using standardization to achieve economies of scale and experience.

Low cost leadership is a competitive strategy that focuses on reducing costs and prices to gain a competitive advantage in the market. This strategy is usually employed by companies that have a large market share and can achieve economies of scale.

By keeping costs low, companies can offer products or services at a lower price than their competitors, which can attract price-sensitive customers. To achieve this, companies may use a range of tactics such as process innovation, cost-efficient supply chain management, or lean production methods. Additionally, low-cost leaders may also offer a limited range of products or services, and may not invest in research and development or premium branding.

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Related Questions

What are net benefits?

Answers

Net Benefits are determined by summing all benefits and subtracting the sum of all costs of a project.

which of the following are correct? reinvestment rate risk is lower, other things held consistent, on long-term than on short-term bonds

Answers

The correct statement is: Reinvestment rate risk is lower, other things held constant, on long-term bonds than on short-term bonds.

Reinvestment rate risk refers to the risk that future cash flows from investment (such as interest or coupon payments) will have to be reinvested at a lower rate of return than the initial investment. In the context of bonds, this risk arises because bondholders receive periodic interest payments that they must reinvest. In the case of long-term bonds, which have a longer maturity period, there is a higher likelihood of multiple reinvestment opportunities over time. This can potentially mitigate the reinvestment rate risk as bondholders have more chances to reinvest their cash flows at different interest rate environments. On the other hand, short-term bonds have a shorter time to maturity, resulting in fewer reinvestment opportunities. This increases the reinvestment rate risk since there is less flexibility to adapt to changing interest rates. Therefore, the correct statement is that reinvestment rate risk is lower, other things held constant, on long-term bonds than on short-term bonds.

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QUESTION 20 One disadvantage of a cryptocurrency is that O a. it involves higher transaction fees O b. it's available only to Android users O c. it can easily be counterfeited O d. there is no way to reverse a payment

Answers

The inability to undo a transaction with a cryptocurrency is a drawback. Thus, option (D) is correct.

What is a transaction?

Here are some examples of transactions: paying a supplier for products or services received. purchasing a property that was previously owned by a seller by paying the seller with cash and a note. remuneration for hours worked

The value of cryptocurrencies is prone to sharp swings. Any period could see a decrease in value or a total loss. A full loss might also result from the loss of credentials and access to data. The disadvantages of cryptocurrencies include their price volatility, high energy consumption for mining activities, and use in criminal activities.

Therefore, Thus, option (D) is correct.

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Part A: List the three reasons (identified in the text) the environment is important to executives. You do not need to elaborate, just bullet point the three reasons.
Part B: Using PESTEL analysis, pick an organization and discuss how two of the six segments of the general environment have influenced that organization. BE SPECIFIC!!

Answers

Tesla has been significantly influenced by political factors, such as government subsidies and environmental regulations, which have shaped the demand for electric vehicles and incentivized Tesla's growth.

Part A:

The three reasons the environment is important to executives are:

Sustainability and Corporate Social Responsibility (CSR)

Regulatory Compliance

Consumer Demand and Reputation Management

Part B:

Organization: Tesla Inc.

Political Factors: Tesla has been significantly influenced by political factors, particularly in the form of government policies and regulations related to the automotive industry and clean energy. For example:

Government subsidies and incentives: Tesla has benefited from various government initiatives that promote the adoption of electric vehicles (EVs), such as tax credits and rebates. These incentives have helped drive demand for Tesla's electric cars, making them more affordable for consumers.

Environmental regulations: As governments worldwide strive to reduce carbon emissions and combat climate change, they have implemented stricter regulations on vehicle emissions. Tesla's focus on producing electric vehicles aligns with these regulations and positions the company favorably in terms of compliance and market competitiveness.

Technological Factors: The technological landscape has had a significant impact on Tesla's operations and success. Some specific examples include:

Advancements in battery technology: Tesla's electric vehicles heavily rely on advanced battery technology to offer long-range capabilities and efficient energy storage. Technological advancements in batteries, such as improvements in energy density and charging speeds, have enabled Tesla to enhance the performance and range of their vehicles, attracting more customers and gaining a competitive edge in the EV market.

Autonomous driving technology: Tesla has been at the forefront of developing self-driving capabilities for their vehicles. Technological advancements in sensors, artificial intelligence, and machine learning have played a crucial role in enabling Tesla's Autopilot and Full Self-Driving features. These innovations have not only differentiated Tesla's offerings but have also positioned the company as a leader in autonomous driving technology.

In conclusion, Tesla has been significantly influenced by political factors, such as government subsidies and environmental regulations, which have shaped the demand for electric vehicles and incentivized Tesla's growth. Additionally, technological advancements in battery technology and autonomous driving have been instrumental in enhancing Tesla's product offerings and market position. By leveraging favorable political and technological factors, Tesla has established itself as a prominent player in the electric vehicle industry.

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Assume your company’s sales increased from $3 million last year to $10 million this year. However, your biggest competitor is still the market leader with a 40% share of the $200 million widget market. Your other four competitors had sales this year of $53 million, $38 million, $12 million, and $7 million, respectively. For this year, what is your company’s MARKET SHARE? Type only a number along with a $ or % (if appropriate). Dollar amounts should be rounded to the nearest cent; percentages to the nearest tenth. *

Answers

Answer: 5%

Explanation:

The market share for the company will be gotten using the formula:

= Sales generated by company / Total industry sales × 100

= 10/200 × 100.

= 5%

Therefore, the company's market share is 5%

To _____ is to modify or improve upon code.


propriate

tweak

kernel

debug

Answers

i’m pretty sure it’s debug!
The answer is debug hope this helps!

change
as indicated as in the bracket.
. .
no. shaxma is. honest pesson. (a, an, the)
fo
H​

Answers

Answer:

No Sharma is an honest person.

Explanation:

Articles are "a, an, the" and are used according to their nature like a vowel or a consonant, singular or plural, or definite or an indefinite noun, etc.

In the given sentence, the word to be used is either one of the three articles. And in looking at the word "honest", the letter "h" which starts the word is a consonant. This, by rules of articles, will require the use of "a". But, as the "h" is silent in the sound of "honest", then the use of the "a" is invalid. Judging by the pronunciation, the first sound from the word "honest" is "o" where the word is pronounced as "onest".

Thus, the correct article to be used is "an".

Prompt What is an economy?



Answers

Answer:

An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.

what are creative unique products example flying water bottle plz don’t give me actual already made products

Answers

Bluetooth water bottle that is waterproof, scented nail polish, Bluetooth earrings, floating/hovering backpack, voice command journals/note books that listen to speech and apply the words onto itself, and a shirt that changes color to perfectly adjusts itself to look good on you no matter what your undertone is.

Need any more ideas?

Madam Shanna plans to buy a new car which cost RM 60,000 from a bank loan with an interest of 9% per year compounded every month. She will be required to pay 10% of down payment first and the balance will be paid by monthly installment for 7 years. Due to the high interest, she seeks help from a cooperative at her workplace. The interest imposed by the cooperative is slightly low which is 6% per year compounded every month. But in order to get a loan from the cooperative, one must become a member first for at least one year. Since she is just become a member, she is only entitling for the loan one year from now. She plans to proceed with the bank loan now and for next year she will continue the loan with the cooperative. The tenure will be for 7 years overall. (i) Calculate how much is the monthly installment to the bank? (ii) Calculate how much is the monthly installment to the cooperative?

Answers

The monthly installment to the bank will be approximately RM 804.78.
The monthly installment to the cooperative will be approximately RM 664.95.


(i) To calculate the monthly installment for the bank loan, we can use the formula for the present value of an annuity. The loan amount is RM 60,000 minus the down payment of 10%, which is RM 6,000.

Loan amount = RM 60,000 - RM 6,000 = RM 54,000

The interest rate is 9% per year, compounded monthly. The loan tenure is 7 years, which means 7 x 12 = 84 months.

Using the formula:

Monthly installment = (Loan amount * Monthly interest rate) / (1 - (1 + Monthly interest rate)^(-Number of months))

First, we need to convert the annual interest rate to a monthly interest rate:

Monthly interest rate = (1 + Annual interest rate)^(1/12) - 1

= (1 + 0.09)^(1/12) - 1

≈ 0.00742

Plugging the values into the formula:

Monthly installment = (RM 54,000 * 0.00742) / (1 - (1 + 0.00742)^(-84))

≈ RM 804.78

Therefore, the monthly installment to the bank will be approximately RM 804.78.

(ii) Since Madam Shanna is only eligible for the cooperative loan one year from now, the loan tenure with the cooperative will be 6 years (7 years - 1 year). The loan amount for the cooperative will be the remaining balance after deducting the down payment and one year of payments made to the bank.

Remaining balance = Loan amount - (Monthly installment * Number of months)

Remaining balance = RM 54,000 - (RM 804.78 * 12)

= RM 43,336.16

The interest rate for the cooperative loan is 6% per year, compounded monthly.

Using the same formula as above with the adjusted values:

Monthly installment = (Remaining balance * Monthly interest rate) / (1 - (1 + Monthly interest rate)^(-Number of months))

Monthly interest rate = (1 + Annual interest rate)^(1/12) - 1

= (1 + 0.06)^(1/12) - 1

≈ 0.00488

Monthly installment = (RM 43,336.16 * 0.00488) / (1 - (1 + 0.00488)^(-72))

≈ RM 664.95

Therefore, the monthly installment to the cooperative will be approximately RM 664.95.


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which of the following can happen as a result of the bullwhip effect? (ch 1) a. quicker distribution to warehouses b. increase in defective products c. excess costs for each firm in a supply chain d. decreased levels of safety stock

Answers

The following can happen as a result of the bullwhip effect: excess costs for each firm in a supply chain.

The Bullwhip effect refers to the distortion that occurs in supply chain management due to the misinterpretation of product demand information. The term "bullwhip" implies the way the distortions amplify in the supply chain from the beginning of the chain (manufacturer) to the end (retailer). The resulting distortions could be due to numerous factors such as lack of information, poor forecasting, overreaction, underreaction, and so on.As a result of the bullwhip effect, excess costs for each company in a supply chain can happen.

The lack of synchronization among the various players and the amplified distortions cause supply chain costs to increase rapidly. Each of these firms in the chain incurs additional costs as they strive to cope with the amplification. As a result, the cost of coordination, ordering, transportation, and delivery of products across the chain increases. So, excess costs for each firm in a supply chain can occur as a result of the bullwhip effect.

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Prepare entries to record the following: a. Issued 1,000 shares of $10 par common stock at $59 for cash. If an amount box does not require an entry, leave blank or enter "0". b. Issued 1,400 shares of $10 par common stock in exchange for equipment with a fair market price of $60,000. If an amount box does not require an entry, leave it blank or enter "0" c. Purchased 100 shares of treasury stock at $32 d. Sold the 100 shares of treasury stock purchased in (c) at $42. If an amount box does not require an entry, leave it blank or enter "0"

Answers

The journal entries for each transaction are:

a) Cash                                      $59,000

              Outstanding shares                                   $10,000

              Gain on sales of outstanding shares        $49,000

b) Equipment                            $60,000

             Outstanding shares                                     $14,000

             Gain on exchange of oustanding shares   $46,000

c) Treasury stock                      $3,200

             Cash                                                              $3,200

d) Cash                                      $4,200

             Treasury stock                                             $3,200

             Gain on sale of treasury stock                   $1,000

Let's discuss the journal entries for every transaction:

a. Issue of 1,000 shares of $10 par common stock at $59 for cash.

Cash                                      $59,000

        Outstanding shares (1,000 X $10 par)            $10,000

        Gain on sales of outstanding shares              $49,000

b. Issue of 1,400 shares of $10 par common stock for equipment with a fair market price of $60,000

Equipment                            $60,000

             Outstanding shares (1,400 x $10 par)         $14,000

             Gain on exchange of oustanding shares   $46,000

c. Purchased 100 treasury stock at $32, We assume this transaction is done in cash

Treasury stock                     $3,200

             Cash                                                              $3,200

d. Sold the 100 treasury stock purchased in (c) at $42

Cash                                      $4,200

             Treasury stock (100 x $32)                         $3,200

             Gain on sale of treasury stock                   $1,000

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New oil is reserves are discovered. What has increased in supply.
A CAPITAL
B ENTERPRISE
C LABOUR
D LAND

Answers

The correct answer is D. Land

Explanation:

In economics, land is one main factor of production and includes natural resources that can be used to make products, for example, wood can be used to made furniture or fruits can be used to produce juice, jam, and similar. Also, these resources are classified into renewable and nonrenewable depending on whether they are abundant and replenish in a short time. Oil is considered part of the land factor because this is a non-renewable resource that is used to produce goods such as fuels or plastic. Therefore, if new oil reserves are discovered there is an increase in land supply because more natural resources are available to produce goods.

ad hominem
red herring
false dilemma
false analogy
Excerpt
Logical
Fallacy
Our current mayor has been in politics for over 25 years. It is time
that we have a younger mayor, so we can have fresh ideas to make our city better.
is true that the city council id approve a tax for a new road
construction project. However, our city needs to attract more businesses to stabilize
our economy
bring to work instead of using public transportation is the net
eating everything on your plate it wastes veueble resources​

Answers

Bring to work instead of using public

Consumer wealth is defined as the total value of ______. Multiple choice question. assets minus the total value of liabilities all investments plus the money in the bank all investments plus the money in the bank minus debt total assets

Answers

Answer:

Assets minus the total value of liabilities

Consumer wealth is defined as the total value of assets minus the total value of liabilities. Thus, the statement "assets minus the total value of liabilities" is the correct statement.

What is the wealth effect?

According to the wealth effect, a behavioral economic hypothesis, people spend more money as the value of their possessions increases. Consumers are supposed to feel more financially secure and wealthy as the value of their houses or investment portfolios rises. Even if their income and fixed costs remain the same as before, they are made to feel wealthier.

The wealth effect captures the psychological impact of growing asset prices, such as those that take place during a bull market, on consumer purchasing patterns. The idea focuses on how significant rises in the value of investment portfolios boost consumers' emotions of security, sometimes known as their level of confidence. Increased confidence results in more spending and lower saving rates.

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Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?

Answers

Answer: $861.44

Explanation:

Given the following :

Purchase price = $195,000

down payment = 20%

Interest rate = 5.25%

Period = 30 years

Down payment = 0.2 × $195,000 = $39,000

Therefore, loan amount will be :

$(195,000 - 39,000) = $156,000

The payment per period (monthly payment) can be calculated using the annuity calculator.

Present value = $156,000

Number of periods = 30yrs = 30× 12 = 360 months

Interest = 5.25% / 12= 0.4375% = 0.004375

Future value = 0 (Amount when entire loan has been paid)

Therefore, the payment per period is $861.44 using the financial calculator.

Write an equation for y, the value at time t, that represents the situation. Let t = 0 represent the year 2021.
A physics lab purchases new equipment for $880,000 in the year 2021. The value depreciates over time, decreasing by $1,000 annually.
y = ___

Answers

The equation for y, the value of the equipment at time t, that represents the situation is:y = -1000t + 880,000.

Given that a physics lab purchases new equipment for $880,000 in the year 2021. The value depreciates over time, decreasing by $1,000 annually.

Let y be the value of the equipment at time t.

The initial value, or the value at t = 0, is $880,000.

The value decreases by $1,000 every year, which can be represented by the slope, m, of the linear equation.

Since the value decreases by $1,000 per year, the slope is -1000.

Using point-slope form, the linear equation for y in terms of t is:y - y₁ = m(t - t₁),

where y₁ = 880,000 and t₁ = 0.

Substituting y₁ = 880,000, t₁ = 0 and m = -1000 in the equation above:

y - 880,000 = -1000(t - 0)

y - 880,000 = -1000t

y = -1000t + 880,000

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Place the steps of the job application process in order.
Hiring company post job description to a job opening
Hiring company conducts interviews
Interested applicants submit resume and cover letter
Hiring company calls references for the job applicant (s) they like the most
Hiring company offers there selected applicant the job
Interested applicants complete the job application provided by the company.

PUT THEM IN ORDER PLS I NEED HELP UNDERSTANDING THIS FOR ENTREPRENEURSHIP

Answers

Answer:

1. Hiring company post job description to a job opening

2. Interested applicants complete job application provided by the company

3. Interested applicants submit resume and cover letter

4. Hiring company conducts interviews

5. Hiring company calls references for the job applicant(s) they like the most

6. Hiring company offers there selected applicant the job

Jaiden is in 6th grade and plans to attend college. He has created a college preparation plan. 1. He will fill out the FAFSA form and send it in immediately. 2. He will ask his parents if they have a college savings account. 3. When he gets to high school, he will start trying harder in school so he can qualify for academic scholarships. 4. During his last year of high school, he will get involved in sports and clubs he enjoys to qualify for scholarships. 5. Upon graduation, he will start saving money for college. Which statements identify errors in Jaiden’s plan? Check all that apply. He should wait until his last year in high school to fill out the FAFSA. He should start saving right away. It is never too early to start a savings account. He should work hard throughout middle school and high school or it might be too difficult for him to excel later, since bad habits are hard to break. He should try different sports and clubs in middle school and early high school. Then he should pick his favorites and invest more time in them. While in high school, he should quit all extracurricular activities so he can work more hours and save money. He should ask all his friends and neighbors to contribute to his college fund so it will grow faster.

Answers

Answer:

-He should wait until his last year in high school to fill out the FAFSA.

-He should start saving right away. It is never too early to start a savings account.

-He should work hard throughout middle school and high school or it might be too difficult for him to excel later, since bad habits are hard to break.

-He should try different sports and clubs in middle school and early high school. Then he should pick his favorites and invest more time in them.

Explanation:

Answer:

1

4

5

I did the test and pretty sure i got it correct

define the meaning of a gross salary​

Answers

Answer:

here

Explanation:

To calculate an employee's gross pay, start by identifying the amount owed each pay period. Hourly employees multiply the total hours worked by the hourly rate plus overtime and premiums dispersed. Salary employees divide the annual salary by the number of pay periods each year. This number is the gross pay

Answer:

gross salary is the individual's total pay from his or her employer before taxes

Explanation:

Gross income for an individual—also known as gross pay when it's on a paycheck—is the individual's total pay from his or her employer before taxes or other deductions. This includes income from all sources and is not limited to income received in cash; it also includes property or services received.

1.a capital investment is expected to achieve long-term benefits for the organization thatgenerally fall into three categories: financial benefits, nonfinancial returns and the ability toattract more funds in the future.true or false?

Answers

The given statement "A capital investment fall into three categories: financial benefits, nonfinancial returns, ability to attract more funds in the future." is true because all three categories are important considerations.

A capital investment is an expenditure made by a company to acquire or upgrade its assets, with the expectation of generating long-term benefits in the form of financial returns, nonfinancial benefits or intangible assets.

The financial benefits of a capital investment may include increased revenues, reduced costs, higher profits, or improved cash flow. Nonfinancial returns may include improved customer satisfaction, enhanced brand image, or increased market share.

Intangible assets may include patents, trademarks, copyrights or other intellectual property rights that can enhance a company's competitiveness and value.

Moreover, a successful capital investment can also increase the organization's credibility and attractiveness to investors and creditors, which in turn can help to secure additional funds in the future.

Therefore, all three categories of benefits (financial, nonfinancial, and the ability to attract more funds) are important considerations for a company when evaluating a capital investment.

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Rightway Construction's project manager has been given the task of planning and implementing the construction of a playground for the city of Northville. All construction plans and documents have been provided as well as a budget amount and completion date. Based on the above scenario, and assuming the project manager has studied all construction plans and documents and reviewed the budget, the next step for the manager will be to __________.

Answers

Explanation:

create a project schedule flow chart


List 5 motives for the construction of various media?​

Answers

Answer and Explanation:

For the construction of various media, the five motives are as follows

1. Develop connections and make connections: For motivating the social media we have to establish the connections and through it, we can easily make the connections,

2. Sharing the news of the company:  Post the news of the company to various social media so that the public at large get attracted towards it

3. Voice opinion: Voice opinion also matters for establishing the several medias

4. People opinion for the company: Customer satisfaction is the utmost priority for the company so that the company could able to know what changes are required in the product to deliver it in the best manner

5. Communicated with employees: The communication with the employees also matters as the employees could be delivered their idea to better the company services

Media is the plural word of the medium that is the means of communication. The news channels, radios, magazines, and many other social things are communicated to the general public by means of media only. The media covers the speech or the incident and lets it known to the general public at no time.

The five motives for the construction of social media are:  

1. Developing and making connections: For motivating social media there is a need to establish connections and suing those conections new connections can be made.  

2. Sharing the company's reviews:  After the company gets its name on social media, it gets famous among a group of people at no more time.  

3. Voice opinion: Voice opinion also matters for interacting the several medias

4. People's opinion of the company: Customer satisfaction is the utmost priority of the company so that the company could able to know what changes are required in the product to deliver it in the most satisfactory form.  

5. Interaction with employees: Communication with the employees also matters as the employees could deliver their idea to better the company's services.

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_____ cartels can move an industry from competition to pure monopoly.

Answers

Powerful cartels can move an industry from competition to pure monopoly.

Cartels, composed of a group of firms, can shift an industry from a competitive landscape to a pure monopoly by collaborating and controlling market factors.

They achieve this by manipulating production levels, setting fixed prices, and dividing the market among members. By doing so, cartels limit competition, which allows them to wield greater control over the market and maximize collective profits.

However, cartels are often illegal due to their anti-competitive nature and the negative effects on consumers, such as higher prices and reduced product choices.

In some cases, regulatory authorities monitor and break up cartels to restore fair competition and protect consumer interests.

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Which of the following ways is not something you can do to protect yourself against sending payments to the wrong person when using a p2p payment app or service

Answers

Use a PIN to access your P2P app or service. In this way we can do to protect ourselves against sending payments to the wrong person when using a p2p payment app or service.

What is P2P app or service?

Peer-to-peer services are platforms that link participants to a transaction directly, cutting out the middleman.

Peer-to-peer services use technology to reduce the transaction costs associated with asymmetries in information, enforcement, and trust that have historically been handled by relying on third intermediaries.

Peer-to-peer systems provide its customers with services including money processing, buyer and seller data, and quality assurance.

File-sharing platforms, such the music-sharing programme Napster, which debuted in 1999, helped popularise the peer-to-peer model of today. Millions of internet users were able to immediately connect, establish groups, and work together through the peer-to-peer movement to construct their own search engines, virtual supercomputers, and file systems.

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Suppose that fixed costs for a firm in the automobile industry (start-up costs of factories, capital equipment, and so on) are $5 billion and that variable costs are equal to $17,000 per finished automobile. Because more firms increase competition in the market, the market price falls as more firms enter an automobile market, or specifically, P=17,000+ n
150

, where n represents the number of firms in a market. Assume that the initial size of the US and the European automobile markets are 300 million and 533 million people, respectively. (Refer to Slides 19-23 in Lecture 4) - F=5,000,000,000 (Fixed costs) c=17,000 (variable costs) Q= n
S

(by assuming symmetric firms) TC=F+cQ=5,000,000,000+17,000×Q (total costs) S US

=300,000,000 (market size in the US) S EU

=533,000,000 (market size in Europe) P=c+ bn
1

=17,000+ n
150

(price) (i) Calculate the equilibrium number of firms in the US and European automobile markets without trade. (Hint: Set average cost equal to price) (ii) What is the equilibrium price of automobiles in the United States and Europe if the automobile industry is closed to foreign trade (still without trade)? (iii) Now suppose the United States decides on free trade in automobiles with Europe. The trade agreement with the Europeans adds 533 million consumers to the automobile market, in addition to the 300 million in the United States. How many automobile firms will there be in the US and Europe combined? What will be the new equilibrium price of automobiles? (Hint: repeat what you did in part (i) and (ii), but with combined market.) (iv) Why are prices in the United States different in (ii) and (iii)? Are consumers better off with free trade? In what ways? (Hint: think of economies of scale)

Answers

(i) To calculate the equilibrium number of firms in the US and European automobile markets without trade, we need to set the average cost equal to the price. The average cost is the total cost divided by the quantity produced.

Average cost = Total cost / Quantity
Total cost (TC) = Fixed cost (F) + Variable cost (c) × Quantity (Q)

For the US market:
TC = 5,000,000,000 + 17,000 × Q
Quantity (Q) = 300,000,000
Average cost = (5,000,000,000 + 17,000 × 300,000,000) / 300,000,000

For the European market:
TC = 5,000,000,000 + 17,000 × Q
Quantity (Q) = 533,000,000
Average cost = (5,000,000,000 + 17,000 × 533,000,000) / 533,000,000

(ii) The equilibrium price of automobiles in the United States and Europe without trade is equal to the average cost. We can substitute the average cost calculated in part (i) into the price equation.

For the US market:
Price (P) = 17,000 + n/150
Average cost = Price
(5,000,000,000 + 17,000 × 300,000,000) / 300,000,000 = 17,000 + n/150

For the European market:
Price (P) = 17,000 + n/150
Average cost = Price
(5,000,000,000 + 17,000 × 533,000,000) / 533,000,000 = 17,000 + n/150

(iii) To calculate the new equilibrium number of firms in the US and European automobile markets with free trade, we need to consider the combined market size of both regions. The total quantity is the sum of the quantities in the US and Europe.

Total quantity (Q) = Quantity (US market) + Quantity (European market)
Q = 300,000,000 + 533,000,000

To calculate the new equilibrium price of automobiles, we use the same price equation:

Price (P) = 17,000 + n/150
Average cost = Price
(5,000,000,000 + 17,000 × (300,000,000 + 533,000,000)) / (300,000,000 + 533,000,000) = 17,000 + n/150

(iv) Prices in the United States are different in (ii) and (iii) because in (ii) they are calculated based on the individual market sizes of the US and Europe, while in (iii) they are calculated based on the combined market size.

Consumers are better off with free trade because it increases the market size and allows for economies of scale. With a larger market, firms can produce more efficiently and achieve lower average costs, leading to lower prices for consumers.

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EA19. 5.5 Prepare the journal entry to record the sale of 2,000 units that cost $8 per unit and sold for $15per unit.

Answers

Answer:

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Explanation:

fxhdrye75rgikjbhvtdu5ertyhinjbhvcutdbcgjtdlu5et

What is a likely trend for social media in the future?

You may see smaller groups forming.
You may see more diverse groups forming.
You may see larger groups forming.
You may see less specific groups forming.

Answers

Answer:

I would go with either A or B.

Explanation:

Not all social media trends start in large groups. Some can start by 1 person.

Answer:

I will go with the second one because the world is becoming more excepting of other groups besides their own

Explanation: can I get brainliest i have never got it

critically discuss how career and study choices are influenced by the following socio-economic factor: availability of finances/affordability​

Answers

Answer:

availability of financial/affordability

Explanation:

it's enables you to make more money for the growth of the community so we study it that way

At which point in the accounting cycle should an accountant prepare a trial
balance?
A. Just before preparing financial statements
OB. At any point he or she chooses
OC. At the end of the cycle only
D. At the beginning of the cycle only

Answers

At the end of the cycle only in the accounting cycle should an accountant prepare a trial balance. The correct option is C.

Why do accountants prepare a trial balance?

A trial balance's purpose is to ensure that all entries made to an organization's general ledger are properly balanced. Each general ledger account's ending balance is listed in a trial balance. Each accounting entry's total dollar amount of debits and credits is supposed to match.

The trial balance is created after all transactions in the ledger accounts have been recorded. All ledger account balances to the credit and debit sides are recorded in the trial balance. It is typically prepared at the end of the fiscal year, prior to the preparation of final accounts.

Thus, the ideal selection is option C.

Learn more about a trial balance here:

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