Answer:
The selling price is $99
Explanation:
The selling price of the product can be computed by adding required profit margin to the unit cost of the product.The required profit margin is the 10% return on invested assets.
Total variable cost $59*10000 =$590,000
Fixed expenses ($180,000+$60,000) =$240,000
desired profit margin(10%*$600,000) =$60,000
Total sales revenue =$990,0000
price per unit=$990,000/10000=$99
The cost-plus approach to product pricing gives $99
Answer:
The elasticity of labor is elastic (low elastic).
Explanation:
The given situation or condition, the rise in minimum wage will lead to decrease the employment for the person who earns lower than new minimum wage shows that the labor demand is elastic or elasticity for the labor is low because the increase in the minimum wage lead discourages to the producer to hire unskilled labor. Therefore, employment will decrease with an increase in the minimum wage.
<span>An employee is in a BOND when a company purchases an insurance policy against losses from theft by that employee.
Every business owners are advised to bond their employees under Employee Theft Bond upon hiring. This is to protect their businesses from employee theft and avoid possible bankruptcy. Despite rigorous filtering of new hires, there is still a big possibility that employees will steal from the company especially if company transactions are mostly done in cash to cash basis. </span>
To maintain steady profitability, the mega-airlines must work tirelessly. Supporting actors like airports and aircraft vendors are quite lucrative. The study examines the dynamic forces of competition and shows that strategy management of the competitive tensions is essential. Competition is shown to embody the ability to appropriate value.
Research also shows that fundamental competitive forces dictate the industry's level of intensity, and that an organization's choice of strategy can change the influence of these forces to its advantage. A series of realistic assessments of what is good and bad about present industry thinking and practises form core of the study.
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The cpsc will issue a subpoena
What is consumer product safety commission (cpsc)?
- The United States Consumer Product Safety Commission is an independent government agency in the United States.
- The CPSC works to improve consumer product safety by addressing "unreasonable risks" of injury, developing uniform safety standards, and conducting research into product-related illness and injury.
- The Consumer Product Safety Commission (CPSC) protects the public from unreasonable risks of serious injury or death from thousands of different types of consumer products that fall under its jurisdiction, such as those that pose a fire, electrical, chemical, or mechanical hazard, or that can injure children.
- The Consumer Product Safety Commission has authority over a wide range of consumer products, including coffee makers, toys, lawn mowers, and fireworks. Other Federal agencies, however, cover certain types of consumer products.
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